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progree

(12,620 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
Nov 17

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