Do you remember when COVID hit and Trump said we should just stop testing to make it go away?
... Because the October CPI was canceled, Thursday’s report did not have all the usual data points of a typical CPI release. The BLS said it was unable to retroactively collect the October data, but did use some “nonsurvey data sources” to make the index calculations.
Economists may be hesitant to read too much into this report as the start of a downward trend in inflation because of the lack of October comparison data in the release. ...
More here.



