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Moody's Talks - Inside Economics
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Core Consumer Expenditure to Flatter Inflation Year Over Year
A big part of the way was just reduction of inventory, right? Or less. Well, actually, inventory is actually declined, I believe. That's what it's like. So on GDP, that's subtracted over 2 percentage points. It sets us up for a little bit of growth in Q, in the current quarter in Q, Q2. Ben, do you want to go next? I do. But I will say I didn't pick one that was necessarily pertinent to today's conversation. You'll probably get this right away. 4.7%. Oh, is that, well, that's the core consumer expenditure to flater inflation year over year, 4.7%
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