this post was submitted on 27 Jun 2023
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I'm not going to get excited about any "deceleration"; this is still an increase. And due to "base effects",^1^ we're comparing against high values. Until it's steeply negative it's nothing to get excited about.
^1^ year over year measures compare now versus a year ago. if a year ago was unusually high, you'd expect this comparison to revert to the mean over time as the window shifts forward; it could have more to do with what you're comparing to (a year ago) than what's happening today