General Discussion
In reply to the discussion: Trump executive order leads to $100 energy bill hike for hundreds in Alabama [View all]progree
(13,008 posts)The righties have been claiming that the stock market increases since Nov 5 are the "Trump Trade", -- and crediting tRump for it -- even though he didn't take office until January 20. So for consistency, they should also credit him with the November, December, and January CPI (Consumer Price Index) increases.
As for the all-items headline CPI report that came out Wednesday 2/12:
What grabs me is that CPI rise averaged 4.5% over the past 3 months on an annualized basis (core CPI: 3.8%)
The January one month increase annualized is: CPI: 5.8%, (CORE CPI: 5.5%)
(Compare the above to the Fed's 2% target)
REGULAR CPI

CORE CPI = CPI less food and energy

LBN thread on the CPI: https://www.democraticunderground.com/10143394541
Links to the CPI report and data series are in https://www.democraticunderground.com/10143394541#post8
I annualize everything to be comparable to each other and to compare to the Fed's 2% target
They are calculated using the actual index values, not from the rounded off monthly change numbers.