Show differing trajectories, depending on coverage, construction.
Category Archives: inflation
Inflation in December: Instantaneous, Core, Supercore, Services supercore, Trimmed, Median
From the December release with headline and core slightly above Bloomberg consensus.
Is the Inflation Experience of 2021-23 Like that of Post-Great-Influenza (1918-19)?
Reader Steven Kopits, commenting on inflation now vs. Korean war post:
Transitory Now vs. 71 Years ago
Follow up on this post from two and a half years ago:
Monthly GDP Instantaneous Inflation vs. Core PCE
GDP at 1.5%, PCE at 1.8%.
Deviation of Instantaneous Inflation from Target
For CPI, CPI core, PCE deflator, PCE core deflator:
PCE Inflation: Instantaneous below Target
Year-on-Year PCE inflation (3.2% in November) is a standard; here’s instantaneous headline and core for comparison (and trimmed mean y/y through October):
Instantaneous Inflation in the Euro Area, US
Headlines indicate 2.4% y/y HICP inflation in the euro area hitting consensus. Instantaneous inflation per Eeckhout (T=12,a=4) is 0.4%.
Gasoline Prices Continue Downward
Last week, I was asked about the likely future trajectory. As of the week ending today, prices still falling (from $3.23 to $3.14).
Judy Shelton: “Not that there’s anything wrong…”
From NY Sun (4 Dec) via the Independent Institute: