Paul Krugman

@paulkrugman ↗

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Last Checked Nov. 6, 2022

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Fri Oct 14 14:44:04 +0000 2022

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Paul Krugman @paulkrugman

How much difference would this make? Latest month has core at 7.1 percent, shelter at 9.4 percent 2/ https://t.co/7vWcVU1uO9 — PolitiTweet.org

Posted Oct. 14, 2022

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Paul Krugman @paulkrugman

Aha! BCA research has in fact calculated seasonally adjusted versions of market rent measures, which show shelter inflation back to pre pandemic rates 1/ https://t.co/xqgzNnVRP9 — PolitiTweet.org

Contrarian take: The CPI report was not as bad as initial reactions suggest. All items ex food and shelter were up… https://t.co/e2BgalI8sZ

Posted Oct. 14, 2022

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Paul Krugman @paulkrugman

Shelter is about 40 percent of core, so if it's really growing only 3 percent — the historical norm — that would subtract about 2.5 from core, giving us 4.5 percent. Still high but a lot lower 3/ — PolitiTweet.org

Posted Oct. 14, 2022