Loading ...TRUFLATION
THIS IS A REPUTABLE OUTFIT THAT CALCULATES US TOTAL INFLATION AND ALL THE SUBCATEGORIES DAILY BASED ON MANY MILLIONS OF TRANSACTIONS….FAR MORE ACCURATE THAN MONTHLY CPI
IN SPITE OF THE OIL “SPIKE” TODAYS INFLATION RATE YOY IS 1.68%
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US inflation today was 1.68% YoY, according to millions of real-time transaction price data aggregated by Truflation.
This is well below the latest official BLS CPI reading of 2.40%.
Our independent measure of consumer inflation has remained below the 2% target, in the 1.3–1.7% range in early April, despite a strong reaction to gasoline price increases.
With the official March CPI scheduled for release on Friday, April 10, Truflation once again positions itself as a reliable leading indicator historically preceding BLS prints by an average of ~41 days.
Does anyone know whatever happened to SHADOWSTATS.com.
There was a problem with their ISP provider and then they disappeared (2023ish).
Did John Williams ever resurface at a different spot???
excellent question…..
jim sinclair had great esteem for Williams..
hes out there somewhere…
“TOTAL INFLATION”
Inflation is always and everywhere a monetary phenomenon.
And spending can be done using money or credit.
And those can be spent on goods, services, OR ASSETS.
Exclude assets in your calcs, and you are missing the mark. By a wide measure.
All the excess money and credit is going into assets.
Energy, food, municipal taxes, are some of my biggest expenses, and they are definitely up more than 2%. (Ontario, Canada)