Instantaneous Core Inflation | Econbrowser

Shocker in PPI: 0.9% vs. 0.2% m/m consensus:

Figure 1: Instantaneous inflation for core CPI (blue), core PCE deflator (green), core PPI (tan) per Eeckhout (2023), T=12, a=4.  Source: BLS, BEA, via FRED, and author’s calculations.