Including PPI and nowcasted PCE:
Category Archives: inflation
Instantaneous Inflation in November (and October)
Up for CPI and chained CPI.
Whose Real Wage?
EJ Antoni writes:
Today’s employment data showed further gains in earnings, but cumulative price increases have still far outpaced earnings growth over the last 4 years.
According to the Household Budget Index, it’s even worse when just considering prices for things you have to buy, i.e., food, housing, etc.
Wages Nominal and Real across the Distribution
Reader Michael writes:
…high income wage growth has grown much faster than medium and low income wage growth patterns.
How Much Has the Price Level Risen for Consumers? Seven Measures
The conventionally used CPI-U is in the middle of the pack.
Average Wages (Still) Rising Faster than Inflation
A comparison between CPI, chained CPI, PCE price index, and HICP deflation:
Six Measures of Core Instantaneous Inflation
With the core PCE deflator, we have these measures of what’s happening to core.
Russia: Policy Rate at 21%, Official Inflation Rate at 10% (m/m annualized)
Locking up the butter in Russia (CNN). Official inflation in October was 0.8% m/m (annualize that and it’s about 10%. That’s the official inflation rate. The ex post rate is around 11% then.
Instantaneous Consumer Inflation in October
Including HICP and nowcasted PCE deflator.
Guest Contribution: “The anti-incumbent wave is real. But it’s not (really) about inflation”
Today we are pleased to present a guest contribution by Mark Copelovitch (Political Science and La Follette School, University of Wisconsin – Madison) and Michael Wagner (Journalism and Mass Communication, University of Wisconsin – Madison).