Axios carried the report that the US Bureau of Labor Statistics postponed the release of a key annual report central to future inflation data.
- the annual release of consumer expenditures data was set for Tuesday
- it'll now be "rescheduled to a later date"
- We will update users when more information is available," the notice said.
This report has data that is used to determine the weighting of specific goods and services in the Consumer Price Index for the year ahead.
--
This is probably fair enough, you can't expect governments to manipulate the data to suit themselves if they don't have enough time.
