The are preparing the ground for YoY turning negative very soon.
Here is the current dataset:
Oct-09/ 162,038
Nov-09/ 162,764
Dec-09/ 162,103
Jan-10/ 163,481
Feb-10/ 161,320
Mar-10/ 164,519
Apr-10/ 167,802
May-10/ 169,162
Jun-10/ 170,111
Jul-10/ 169,347
Aug-10/ 166,507
Sep-10/ 166,757
Oct-10/ 164,381
- Current YoY: 1.445%
- Oct-Nov 2009 was 0.45%, even if this month's figures are completely flat, this will bring YoY down below 1%.
- Any MoM reading below 1% will bring the YoY% below zero!
- Prices were increasing up to June 2010, so I expect the YoY fall to accelerate as we head into the spring