It’s true, inflation rose less than expected last month. In isolation that sounds good, but when coupled with declining consumer confidence and decreased spending, and it could be the price growth slowed due to decreased demand. Data points in isolation aren’t lies, they just aren’t the whole story.
That’s why there are so many data points to look at. Looking at CPI alone tends to fail to capture the entirety of the economy, especially as experienced by end consumers.
This seems like a rational take. I know we all want prices to go up to undermine this evil man but the data does show they are going up but more slowly. As mentioned, I think this has to do with decreased demand, luck with avian flu outbreaks lessening, not anything Trump did.
Plus factor in lag time from policy change. Avian flu culling surely surged prices, but the preventative effort may be why flocks are maintaining now. Tariff priced goods are just now hitting docks. Deregulatory costs like fishery stock collapse will take years. We won’t prove this thesis in a day.
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