Instantaneous Core Inflation: Five Steps

With the release of the CPI, we have a new look for July in the 3 series.

Figure 1: Fast inflation for core CPI (blue), core CPI (tan), supercore CPI (pink), PPI core (red), and PCE core (green), by Eeckhout ( 2023), T=12, a=4. Source: BLS, BEA, Cleveland Fed, and author’s statistics.

This entry was posted in with Menzies Chinn.


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