US EditionThe downward trend continues « TSI Blog
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The downward trend continues « TSI Blog
[This blog post is an excerpt from a commentary published at www.speculative-investor.com last week] The US CPI numbers reported on Tuesday 13th May extended the downward trend that began in mid-2022. As illustrated by the following chart, the year-over-year growth rate of the US CPI has just made a new cycle low. The Core CPI’s growth rate is significantly higher and was reported to be unchanged at 2.8%, but its annualised growth rate over the …
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