How does Core CPI MoM come in at 1% above estimate yet YoY comes in 1% below estimate. Are there inconsistencies in who is making the estimate for each?
Price increases over last year (CPI report)... Fuel Oil: +58.1% Gas Utilities: +33.1% Gasoline: +18.2% Electricity: +15.5% Transportation: +14.6% Food at home: +13.0% New Cars: +9.4% Food away from home: 8.5% Overall CPI: +8.2% Used Cars: +7.2% Shelter: +6.6% Medical Care: +6.5%
How does Core CPI MoM come in at 1% above estimate yet YoY comes in 1% below estimate. Are there inconsistencies in who is making the estimate for each?
Nitter: https://nitter.it/Investingcom/status/1580536815794421762?t=YrtsgkbOlmozYqmAuC12cA&s=19
https://i.postimg.cc/0PF6JhQ9/image.png
https://twitter.com/Schuldensuehner/status/1580537280053227521 [Nitter]
https://twitter.com/charliebilello/status/1580537512333692931 [Nitter]
Also see another post, found here on SN, which shared the BLS CPI news release/report:
Consumer Price Index Hits 8.2%
#81130
https://www.bls.gov/news.release/cpi.nr0.htm