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BUG: Period can be confusingly be instantiated with lowercase freq #54105

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@MarcoGorelli

Description

@MarcoGorelli

Pandas version checks

  • I have checked that this issue has not already been reported.

  • I have confirmed this bug exists on the latest version of pandas.

  • I have confirmed this bug exists on the main branch of pandas.

Reproducible Example

Period('2020-01', 'm')

Issue Description

One may expect the above to mean "minute frequency". But no, it means "month end" : https://github.com/pandas-dev/pandas/pull/52064/files#r1261775710

Expected Behavior

Just raise

Installed Versions

INSTALLED VERSIONS

commit : 0f43794
python : 3.10.6.final.0
python-bits : 64
OS : Linux
OS-release : 5.10.102.1-microsoft-standard-WSL2
Version : #1 SMP Wed Mar 2 00:30:59 UTC 2022
machine : x86_64
processor : x86_64
byteorder : little
LC_ALL : None
LANG : en_GB.UTF-8
LOCALE : en_GB.UTF-8

pandas : 2.0.3
numpy : 1.24.3
pytz : 2023.3
dateutil : 2.8.2
setuptools : 67.6.1
pip : 23.1.2
Cython : None
pytest : 7.3.1
hypothesis : 6.80.0
sphinx : None
blosc : None
feather : None
xlsxwriter : None
lxml.etree : None
html5lib : None
pymysql : None
psycopg2 : None
jinja2 : 3.1.2
IPython : 8.13.2
pandas_datareader: None
bs4 : 4.12.2
bottleneck : None
brotli : None
fastparquet : None
fsspec : None
gcsfs : None
matplotlib : 3.7.1
numba : None
numexpr : None
odfpy : None
openpyxl : None
pandas_gbq : None
pyarrow : 12.0.1
pyreadstat : None
pyxlsb : None
s3fs : None
scipy : 1.11.0
snappy : None
sqlalchemy : None
tables : None
tabulate : None
xarray : None
xlrd : None
zstandard : None
tzdata : 2023.3
qtpy : None
pyqt5 : None
None

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