Median CPI rises to 4.2% year on year, but it's still well below the weighted average headline at 7.5%. Inflation is not as broad-based as it may seem.
US Unconventional CPI
US Unconventional CPI
Wednesday, January 12, 2022
Among our unconventional measures, every one that considers all items has come in far lower than headline CPI reported this morning.
US Unconventional CPI
Friday, December 10, 2021
Only one of our unconventional measures confirms this morning's red-hot CPI print.
US Unconventional CPI
Wednesday, November 10, 2021
There are a lot of unconventional ways of measuring inflation -- but they are virtually unanimous that October was a hot month.
US Unconventional CPI
Wednesday, October 13, 2021
Maybe some good news on inflation: "flexible" components are getting better. Maybe some bad news on inflation: everything else looks worse!
US Unconventional CPI
Tuesday, September 14, 2021
With the exception of median and trimmed-mean CPI, our array of unconventional indicators all say inflation slowed in August.
US Unconventional CPI
Wednesday, August 11, 2021
We've never seen such a difference between the "flexible" and "sticky" components of CPI.
US Unconventional CPI
Tuesday, July 13, 2021
Want a ray of hope from our unconventional inflation gauges? "Sticky" CPI is decelerating -- but it's the only one.
US Unconventional CPI
Wednesday, June 9, 2021
The unconventional measures show the same inflation acceleration -- with the exception of the ISM "prices paid" components, expectations-based measures that are decelerating or flat.
US Unconventional CPI
Wednesday, May 12, 2021
It's more useful than usual now to look at these unconventional measures. Using the median instead of the average reduces CPI from 4.2% to 2.2%. That implies just a small number of items are stinking up the joint.