Higher rents were mostly offset by declining costs of goods such as motor vehicles and furniture.

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1 point

That was a shift from 0.2% to 0.3%, which still isn’t nearly as bad as it was. Things fundamentally seem to be trending in a good direction.

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yeah but we are talking on a monthly basis.3.6 compared to 2.4 over a year if the one kept up from the other and the 2.4 is more target. Granted inflation generaly exludes many necessities so even in low inflation day to day essentials like food and energy can be high.

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