{"id":272356,"date":"2025-03-13T21:17:40","date_gmt":"2025-03-13T21:17:40","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/03\/13\/instantaneous-inflation-headline-core-supercore-for-cpi-ppi-hicp\/"},"modified":"2025-06-25T17:09:09","modified_gmt":"2025-06-25T17:09:09","slug":"instantaneous-inflation-headline-core-supercore-for-cpi-ppi-hicp","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/03\/13\/instantaneous-inflation-headline-core-supercore-for-cpi-ppi-hicp\/","title":{"rendered":"Instantaneous Inflation: Headline, Core, Supercore for CPI, PPI, HICP"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-55991\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Data available as of today, first for headline:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-55994\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23.png\" alt=\"\" width=\"849\" height=\"561\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23.png 849w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23-300x198.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23-768x507.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23-624x412.png 624w\" sizes=\"(max-width: 849px) 100vw, 849px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> Instantaneous inflation for CPI (blue), PCE deflator (tan), HICP (green), and PPI (red), per <a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4554153\">Eeckhout (2023)<\/a>, T=12, a=4.\u00a0 <\/em><em>Source: BLS, BEA via FRED,\u00a0and author\u2019s calculations.\u00a0<\/em><\/p>\n<p>And over the same time period, core measures using the same vertical scale:<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23core.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-55995\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23core.png\" alt=\"\" width=\"835\" height=\"561\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23core.png 835w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23core-300x202.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23core-768x516.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/03\/instant23core-624x419.png 624w\" sizes=\"(max-width: 835px) 100vw, 835px\"\/><\/a><\/p>\n<p><em><strong>Figure 2:<\/strong> Instantaneous inflation for core CPI (blue), core PCE deflator (tan), supercore CPI (green), PPI core (red), per <a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=4554153\">Eeckhout (2023)<\/a>, T=12, a=4.\u00a0 <\/em><em>Source: BLS, BEA via FRED,\u00a0<a href=\"https:\/\/www.google.com\/url?client=internal-element-cse&amp;cx=013738036195919377644:6ih0hfrgl50&amp;q=https:\/\/beta.bls.gov\/dataViewer\/view\/timeseries\/CUSR0000SA0L12E4&amp;sa=U&amp;ved=2ahUKEwjFhbrQ56KKAxUIlokEHUk0HDkQFnoECAIQAQ&amp;usg=AOvVaw0DdHko4YKgRnXwQgFfyVn-&amp;fexp=72801196,72801194,72801195\">BLS<\/a>, <a href=\"https:\/\/www.clevelandfed.org\/indicators-and-data\/inflation-nowcasting\">Cleveland Fed<\/a>, and author\u2019s calculations.\u00a0<\/em><\/p>\n<p>Note that these data pertain to pre-tariff prices.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/03\/instantaneous-inflation-headline-core-supercore-for-cpi-ppi-hicp\" title=\"1:50 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-03-13T13:50:22-07:00\">March 13, 2025<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/03\/instantaneous-inflation-headline-core-supercore-for-cpi-ppi-hicp\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Data available as of today, first for headline: Figure 1: Instantaneous inflation for CPI (blue), PCE deflator (tan), HICP (green), and PPI (red), per<\/p>\n","protected":false},"author":1,"featured_media":272357,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/272356"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=272356"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/272356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/272357"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=272356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=272356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=272356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}