Birdwatch Note Rating
2023-12-02 09:27:59 UTC - HELPFUL
Rated by Participant: CD7B198C2C6C2717EAE1DAABEC18AA83998014C1AF63812A4709653FAF285F57
Participant Details
Original Note:
Bringing prices back down is typically a sign of deflation, not lower inflation. https://en.wikipedia.org/wiki/Deflation Economy *can* experience MoM deflation while YoY inflation is >0%. This doesn’t seem to be the case currently, though. https://tradingeconomics.com/united-states/core-inflation-rate-mom#:~:text=December%20of%202023.-,Core%20Inflation%20Rate%20MoM%20in%20the%20United%20States%20decreased%20to,macro%20models%20and%20analysts%20expectations.
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