by Mish Shedlock, The Maven:
Once again the BLS tells us inflation is under control. Once again, close inspection suggests something else.
Let’s investigate, starting with the BLS Consumer Price Index Report for December 2019.
- According to the BLS, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in December on a seasonally adjusted basis after rising 0.3 percent in November.