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Old 01-12-2023, 08:10 AM
 
Location: Redwood Shores, CA
1,651 posts, read 1,301,363 times
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Latest monthly inflation rate is out and is lower than previous months (6 vs 9 or 10). What does this say about prices today?

Do we simply use the last monthly number? or take the average of past X months? Wait for the 2022 whole year figure? Other calculation methods?
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Old 01-12-2023, 09:37 PM
 
6,385 posts, read 11,878,943 times
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Quote:
Originally Posted by RobertFisher View Post
Latest monthly inflation rate is out and is lower than previous months (6 vs 9 or 10). What does this say about prices today?

Do we simply use the last monthly number? or take the average of past X months? Wait for the 2022 whole year figure? Other calculation methods?
Something for everyone. Call it good news and annualize last month. Call it bad news and focus on the year over year. Proceed as you choose.
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Old 01-13-2023, 06:20 AM
 
Location: NC
9,358 posts, read 14,090,114 times
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The past is past so it’s today and the future you need to accommodate. The monthly rates hint at whether inflation is improving or increasing sharply. Very low inflation might suggest you buy now, for cash, if the price looks good. High inflation might be good for your investments like stocks.

But don’t just look at your country. The world situation has significant impact.
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Old 01-13-2023, 08:09 AM
 
Location: Redwood Shores, CA
1,651 posts, read 1,301,363 times
Reputation: 1606
Maybe we can look at a specific angle. I gave rase of about 6% for the new year. Some complains that this level does not match those from previous months. Now that Dec is 6%, how does a 6% raise for 2023 over 2022 look?
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Old 01-13-2023, 08:11 AM
 
18,801 posts, read 8,464,759 times
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Quote:
Originally Posted by luv4horses View Post
The past is past so it’s today and the future you need to accommodate. The monthly rates hint at whether inflation is improving or increasing sharply. Very low inflation might suggest you buy now, for cash, if the price looks good. High inflation might be good for your investments like stocks.

But don’t just look at your country. The world situation has significant impact.
Stocks have been very much down because of systemic inflation and the Fed then raising interest rates. Inflation seems to be easing, and IMO I don't see rates rising much from here. And stocks recovering.
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Old 01-13-2023, 08:46 AM
 
2,170 posts, read 1,952,791 times
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Inflation is dropping because the things people already own (houses, cars) are dropping in price. The things people buy every week like groceries are still higher than ever... The average joe is still getting screwed as their net worth is dropping along with inflation.
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