And the year starts with an inflationary bang. May be partly exacerbated by seasonal issues–but those same issues also artificially muted earlier months.
Core CPI annual rates:
1 month: 5.2%
3 months: 3.6%
6 months: 3.4%
12 months: 3.3% pic.twitter.com/CJrSsF3cxZ— Jason Furman (@jasonfurman) February 12, 2025