From the CPI launch as we speak.
Determine 1: 12 months-on-12 months core CPI inflation (daring black), instantaneous core CPI inflation (T=12,a=4) (tan), instantaneous core chained CPI inflation (inexperienced), m/m supercore (sky blue), instanteous core PCE deflator (pink), all at annual charges. Instantaneous inflation per Eeckhout (2023). Chained CPI seasonally adjusted by creator utilizing X-13/log remodel on ranges. Supply: BLS, BEA through FRED, BLS, and creator’s calculations.
Instantaneous supercore inflation is actually flat. See Paweł Skrzypczyński for extra on providers core ex shelter.
Instantaneous headline CPI inflation drops (as did y/y).
Determine 2: 12 months-on-12 months headline CPI inflation (daring black), instantaneous headline CPI inflation (T=12,a=4) (tan), instantaneous headline chained CPI inflation (inexperienced), instantaneous PCE deflator inflation (pink), all at annual charges. Instantaneous inflation per Eeckhout (2023). Chained CPI seasonally adjusted by creator utilizing X-13/log remodel on ranges. Supply: BLS, BEA through FRED, and creator’s calculations.
Extra from the CEA as we speak.
Extra on grocery costs to come back.
