The Flawed CPI: The Fallacy Of Year-Over-Year Inflation Reporting

By (Photo by Win McNamee/Getty Images)Getty ImagesFollowing the release of the August Consumer Price Index (CPI) the headlines were full of muscular scare-words. “Resurgent US consumer prices…more angst… fresh signs of stubbornly high inflation” – The Financial Times “Inflation accelerated in August…a surge in consumer prices” – The Wall Street Journal “Price pressures remain stubborn…marking…

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Unemployment rates rose across SWFL in August, but job market strong for ‘offseason’

Unemployment rates rose over the month in August across SWFL. That’s typical in one of the slowest months of the “offseason.” … Someone completing an unemployment benefits form.Across Southwest Florida, unemployment rates rose in August.Traditionally, the month is one of the slowest of the year, in what’s dubbed the “offseason,” with fewer part-time residents and…

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