Economists Skeptical of Recent Inflation Data and Assumptions
TL;DR Summary
The November inflation report shows a surprisingly low 2.7% increase, but economists criticize it for being distorted by data collection issues caused by the government shutdown, especially in housing costs, which are a major component of inflation. The report's reliability is questioned, and market reactions remain muted, with experts cautioning against drawing policy conclusions from these flawed numbers.
- 'We might need more than a few grains of salt': Top economists pan inflation report that effectively assumed housing inflation was zero Fortune
- Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation CNBC
- Inflation cooled in November to 2.7%, but economists say to take it with ‘the entire salt shaker’ CNN
- Delayed inflation data shows price pressures easing, in boost to Trump Politico
- Consumer prices rose in November. See which of your grocery items went up WCVB
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