YoY Headline CPI inflation is accelerating.

YoY Headline PCE inflation is accelerating.

YoY Headline PPI inflation is accelerating.

YoY Core CPI inflation is accelerating.

YoY Core PCE inflation is accelerating.

YoY Core PPI inflation is accelerating.

YoY Median CPI inflation is accelerating.

YoY Trimmed-Mean CPI inflation is accelerating.

YoY Headline ex-Shelter CPI inflation is accelerating.

YoY Services ex-Shelter CPI inflation is accelerating.

YoY Sticky Price CPI inflation is accelerating.

YoY Food inflation is accelerating.

YoY Electricity inflation is accelerating.

YoY Medical Care inflation is accelerating.

YoY Durable Goods inflation is accelerating.

YoY Truflation estimates are accelerating.

Every single one of these YoY inflation metrics (and plenty more) are higher today than they were in either March or April 2025.

It isn't a debate.

What don't you get?

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