Core PPI flat, vs. +0.3% m/m consensus. Here’re instaneous core CPI and PPI inflation (per Eeckhout):
Category Archives: inflation
CPI Inflation in October
Headline CPI flat (below +0.1% consensus), and core CPI inflation at 0.2% (below +0.3% consensus). Here are some pictures of central tendency, trend:
ShadowStats Online No More
So the world sometimes gets better. ShadowStats reports May CPI y/y inflation at above 7.5%.
Inflation Persistence in the Pandemic Era
(Following up on discussion on Marketplace on Tuesday.) Month-on-Month services inflation after January 2020 is more persistent than nondurable goods inflation (0.68 vs. 0.38). And services core inflation ex-housing is less persistent, at 0.50.
Real Wage Growth and Inflation Prospects
On MarketPlace with Justin Ho, yesterday. I remarked that wage growth (on a 12 month basis) still outstripping inflation.
Inflation: Known Unknowns
In my MJS article on inflation, I wrote:
“The inflation surge is over. Now we’ll see if interest rate increases cause recession.”
From the Milwaukee Journal Sentinel today (title not mine):
CPI Inflation in September: Instantaneous Headline, Core & Headline Median and Trimmed Mean
A bump up except instantaneous core.
Quantity Theory and (Broad) Money Demand in Normal and Abnormal Times
August Consumption, Income, Deflators, post-Comprehensive Revision
Courtesy of Paweł Skrzypczyński: