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progree

(12,560 posts)
1. HASSETT: "Inflation is about half what it was in December. This is something that's being fixed fast"
Mon Nov 17, 2025, 05:03 AM
Yesterday

Last edited Mon Nov 17, 2025, 11:26 AM - Edit history (1)

Above is from the OP's linked MEDIAite article

Sigh. I guess this calls for the graphs again --

12 month aka year-over-year - the usual media/pundit measure of inflation



CPI data series: https://data.bls.gov/timeseries/CUSR0000SA0
Click on "More Formatting Options", and on the page that appears,
Check the checkbox: "12-Month Percent Change"

YEAR: Jan Feb Mar etc. etc.
2024: 3.1 3.2 3.5 3.4 3.2 3.0 2.9 2.6 2.4 2.6 2.7 2.9
2025: 3.0 2.8 2.4 2.3 2.4 2.7 2.7 2.9 3.0


So in December'24 it was 2.9%, and in September'25 (the latest data) it was 3.0%. That's quite different than "about half" and "being fixed fast".

What's highlighted is that this measure has been rising for 5 straight months.

News report from the source: https://www.bls.gov/news.release/cpi.nr0.htm
CPI data series: https://data.bls.gov/timeseries/CUSR0000SA0
CORE CPI data series: http://data.bls.gov/timeseries/CUSR0000SA0L1E

========

Over the last 3 months, inflation has averaged an annualized 3.6% rate -- comparing the CPI index in September over its June value, and annualizing it. Just like what is commonly done in the quarterly GDP reports with both GDP and the GDP deflator.

Regular CPI


The rolling 3 month annualized average is slightly higher in September'25 (the latest data) than it was in December'24.: 3.54% in December'24 and 3.62% in September'25.

On a month-over-month basis, it is slightly lower -- using the actual index numbers for the calculation, it was 0.36% in December'24 and 0.31% in September'25, which is not "about half of what it was in December". It is 0.86 of what it was in December'24 -- about 7/8.

(The bar graph are the annualized numbers, not the actual raw month-over-month percent changes presented in the above paragraph)

But what the BLS and the media present in their main narratives and tables for month-over-month are rounded figures: 0.4% in December'24 and 0.3% in September'25. With the favorable rounding (Biden's number gets rounded up while tRump's number gets rounded down ) September'25 is 3/4 of what it was in December'24, not "about half"

You be the judge about the "being fixed fast" part.

Note to myself: the usual tiresome presentation: https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3563862

Recommendations

9 members have recommended this reply (displayed in chronological order):

HASSETT: "Inflation is about half what it was in December. This is something that's being fixed fast" progree Yesterday #1
People who actually go shopping know that they're paying more for less. 70sEraVet Yesterday #2
Exactly PatSeg Yesterday #12
I had to pick my jaw up off the floor when I saw chuck roast at $8.99/lb. flashman13 Yesterday #22
The odd thing is, I haven't noticed the price of lamb going up at all (yet)! 70sEraVet Yesterday #23
This is just a guess, but the sheep market is much smaller and is probably not in the hands of big ag processors so flashman13 Yesterday #25
I just know that almost all lamb sold in this country comes from Australia 70sEraVet Yesterday #26
i don't buy meat at walmart Tetrachloride Yesterday #3
I never set foot in a WakMart and never will wolfie001 Yesterday #14
We get the majority of our stuff at Costco. Wednesdays Yesterday #19
Great! wolfie001 Yesterday #20
Let these... MarcoZandrini Yesterday #4
Boy, when republicans get a good lie they're like a dog with a bone. Aren't they? Ray Bruns Yesterday #5
Johnny One Notes. erronis Yesterday #16
In retail this is known as a "loss leader", like Trump. twodogsbarking Yesterday #6
Thank you, Jon Karl. Paladin Yesterday #7
He has evolved wolfie001 Yesterday #15
Hey, I'll take slow evolution over no evolution, every time. Paladin Yesterday #17
Yes! A thousand times! Yes! wolfie001 Yesterday #18
They're all shameless liars. mwb970 Yesterday #8
Every word was a lie. Kudos for the ABC guy to fact check part of it, Bluetus Yesterday #27
How long before IQ4.7 sues over Jon Karl's remarks? KS Toronado Yesterday #9
And the he'll carpet bomb all Walmarts for making him look bad. travelingthrulife Yesterday #11
An inconvenient truth: what will dump TACO in the end. If undocumented are bringing cattle into the US, it would LOWER.. marble falls Yesterday #10
Look, we've got a chart here! Tsk tsk. chouchou Yesterday #13
But they do love the electoral map by county Redleg 14 hrs ago #28
Your words are true! chouchou 11 hrs ago #29
I do try! Redleg 10 hrs ago #30
An OLD expression that applies to so many subjects these days. BobTheSubgenius Yesterday #21
Aldi has a package, too spinbaby Yesterday #24
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