Trump tariffs causing consumer price inflation...

2001400ex said:

Actual meaningful data, such as the CPI, tells a different story.

https://www.cnbc.com/2019/11/13/us-consumer-prices-rise-0point4percent-in-october-slightly-higher-than-estimates.html

Please enlighten everyone about how any of the following is related to tariffs:
Excluding the volatile food and energy components, the CPI rose 0.2% after edging up 0.1% in September. The so-called core CPI rose as healthcare costs jumped by the most in more than three years. There were also increases in prices of used cars and trucks and recreation and rents.

2001400ex said:

HoustonHusky said:

2001400ex said:

Actual meaningful data, such as the CPI, tells a different story.

https://www.cnbc.com/2019/11/13/us-consumer-prices-rise-0point4percent-in-october-slightly-higher-than-estimates.html

Please enlighten everyone about how any of the following is related to tariffs:
Excluding the volatile food and energy components, the CPI rose 0.2% after edging up 0.1% in September. The so-called core CPI rose as healthcare costs jumped by the most in more than three years. There were also increases in prices of used cars and trucks and recreation and rents.

I care about what the prices I pay for goods cost to me. Which is the CPI. Not some mythical import export measurement that zero hedge is quoting.

So you can't explain. Got it.

And the "mythical import export measurement" is the Fed-tracked number:
https://fred.stlouisfed.org/series/CHNTOT

Somehow tariffs on Chinese goods were going to drive up inflation...instead prices of Chinese imports have dropped. Which means, among other things, prices in the CPI for things we import from China like commodities and apparel were down even as energy was up big (2.7%).
https://www.bls.gov/news.release/pdf/cpi.pdf

Keep lying HondoFS...