Beneath the Skin of CPI Inflation, December: Not in the Mood to Just Go Away.

So, in other words, don’t believe the “transitory” lies and victory declarations. Inflation is picking up again. Not conspiracy — just data.

Core CPI, month-to-month, accelerated to 0.31% in December from October, the second month in a row of acceleration and fastest increase since September. Annualized, this increase amounts to 3.8%.

But these two commenters said it best, I think:

The narrative that the econs want you to believe is (as usual) the direct opposite of reality. Again, not conspiracy. The data is just right there for anyone to see.