Paul Krugman

@paulkrugman ↗

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Last Checked Aug. 12, 2022

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Wed Jul 13 13:12:20 +0000 2022

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Paul Krugman @paulkrugman

You can see this from private-sector measures 2/ https://t.co/rq2etvspi1 — PolitiTweet.org

Posted July 13, 2022

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Paul Krugman @paulkrugman

Actually, BLS rent measures have probably understated "true" housing inflation, bc they measure avg rent paid, not soaring rents on new leases. At this point, however, they're failing to reflect what looks like a big slowdown in rents 1/ — PolitiTweet.org

One big reason "core" inflation accelerated in June: Rents rose 0.8% in June, the fastest one-month gain since 1986… https://t.co/thjbhnewXE

Posted July 13, 2022

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Paul Krugman @paulkrugman

NOT saying it's all good. But a combination of statistical issues and the media's focus on year-on-year makes it look as if inflation is getting worse, when it's actually probably getting better 3/ — PolitiTweet.org

Posted July 13, 2022