We've never seen such perfect unanimity among the unconventional indicators. They also agree completely with the conventional ones -- deceleration literally everywhere.
US Unconventional CPI
US Unconventional CPI
Wednesday, June 12, 2024
Broad confirmation of this morning's good news from CPI across the panoply of unconventional measures.
US Unconventional CPI
Wednesday, May 15, 2024
All but three of our 18 unconventional inflation metrics show deceleration. Enjoy life. Eat out more often.
US Unconventional CPI
Wednesday, April 10, 2024
Everyone is now worried again that inflation is "sticky." But in the unconventional measures, the components of the consumption basket that are sticky are sticking with their disinflationary trends.
US Unconventional CPI
Tuesday, March 12, 2024
Across almost all our alternate measures, there's no doubt that February was a hot month. But it's just as universal that year-on-year inflation is falling -- just the "evidence" the Fed says it needs.
US Unconventional CPI
Tuesday, February 13, 2024
In the unconventional metrics, the two most experimental indices are giving wildly different results. Truflation shows inflation tame at 0.81% for January, month-on-month at an annual rate. But Adobe shows 18.33!
US Unconventional CPI
Thursday, January 11, 2024
The simplest of the "unconventional" CPI measures is just headline CPI without the seasonal adjustment. Instead of a December at a 3.7% annual rate on an adjusted basis, take out the adjustment and it's 1.2% deflation.
US Unconventional CPI
Tuesday, December 12, 2023
The alternative measures show a much more dovish view than traditional CPI -- broad deceleration almost no matter how you slice it. And by the way -- without the heavy seasonal adjustments, CPI deflated 2.4% at an annual rate in November, and core rose by a well-below-target rate of 0.9%.
US Unconventional CPI
Tuesday, November 14, 2023
The very breadth of all our unconventional inflation measures shows it more clearly than just a couple CPI numbers... as Zero Hedge would put it, inflation is plunging! It's collapsing! It's cratering!
US Unconventional CPI
Thursday, October 12, 2023
We've added a new unconventional inflation measure, the Adobe Digital Price Index tracking zillions of online price-points. It's in downright deflation.