Take the war between Israel & Iran. That's already lifted oil prices recently (albeit they're still lower than earlier in the year)
Take the war between Israel & Iran. That's already lifted oil prices recently (albeit they're still lower than earlier in the year)
It's not to say either measure is the "right" one.
But if you're primarily looking at the annual rate it can delude you into thinking inflation is tamed
It's not to say either measure is the "right" one.
But if you're primarily looking at the annual rate it can delude you into thinking inflation is tamed