With the August CPI release, we have core, bound core, supercore, and services supercore (via P. Skrzypczynski). PPI is coming tomorrow.
Figure 1: Fast inflation for core CPI (blue), core CPI (tan), supercore CPI (pink), services supercore (green), core PPI (red), and core PCE (green), according to Eeckhout (2023), T= 12, a=4. Source: BLS, BEA, Pawel Skrzypczynski, and author’s calculations.
While the fast core is increased, the supercore is stable.
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