finance

### A Few Words on Inflation

1/n
👉 Why was the reduction in inflation in May so crucial? In May last year, the monthly CPI was only 0.1%, making it difficult to see a down tick in annual inflation over a 12-month period. 
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3/3
🚀Once these months drop out of the 12-month calculation, the annual inflation rate will fall below 3.0%, prompting regulators to swiftly ease financial conditions.

So late of 24, we could see rate cut and new fuel for markets up gains

2/n 
🏳️‍However, the monthly CPI for May 2024 came in at 0.0%! Now, let's look at the figures for the following months in 2023: June 0.2%, July 0.2%, August 0.5%, and September 0.4%. The biggest up ticks in inflation are yet to come (August and September). 
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