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Including PPI and nowcasted PCE:(Click on image to enlarge)
Figure 1: Instantaneous inflation for core CPI (blue), chained core CPI (tan), supercore CPI (pink), services supercore (light green), PPI core (red), and PCE core (green), per , T=12, a=4.PCE deflator for November is y/y nowcast as of 12/11/2024. Source: BLS, BEA via FRED, , , , and author’s calculations. Notice supercore inflation is flat, and services supercore down. PPI core is also down for two months.More By This Author:
Instantaneous Core And Supercore Inflation For November
