Wow, I need to keep this as (yet another) example of how to mislead with #datavisualisation, by the #StLouisFed no less: https://geopoliticaleconomy.com/2023/01/23/china-military-spending-st-louis-fed-graph/ (via @gruber ) #chartjunk

"At its peak in June 2022, the headline CPI was almost 9% higher than it was a year before. The index excluding food and energy—often known as core CPI—peaked in September, at about 6.7%. By either measure, we reached levels of inflation unseen since the early 1980s."

https://www.stlouisfed.org/on-the-economy/2023/jan/will-high-inflation-persist

#Economy #Inflation #CPI #Fed #StLouisFed