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Friday, February 09, 2024

Updated Seasonal Factors for CPI

by Calculated Risk on 2/09/2024 08:30:00 AM

The BLS updated the seasonal factors for CPI.

Although the changes were small, CPI over the last 6 months increased 3.1% (annualized) compared to the previously announced 3.3%.

CPI for December was revised down from a 0.30% month-over-month increase to 0.23% with the updated seasonal factors.

Core CPI was essentially unchanged over the last 6 months.