News Inflationary Pressures Indices (NIPI)

Timely inflation measures derived from worldwide news articles

In a nutshell

The data measure the direction and volume of inflation news.

We have run millions of news articles in multiple languages through specially designed state-of-the-art Natural Language Processing models.

The NIPI, the main measure, shows how positive or negative the news are to the near-term inflation outlook, with a breakdown by country and sector. It reads like a PMI, with 50 signalling balanced volumes of positive and negative news.

Use cases

  • Inflation forecast
  • Asset prices modelling and trading: interest rates, currencies, cross assets
  • Macro risks monitoring

17113494 Analysed articles, Total
7004 Analysed articles, Last 24H
112375 Unique news sources used
7 Languages*

* Chinese, English, French, German, Italian, Japanese and Spanish

Country coverage

Developed economies:

  • United States
  • Canada
  • Euro area, Germany, France, Italy, Spain
  • United Kingdom
  • Japan
  • Australia

Emerging economies:

  • China
  • India
  • Mexico
  • Argentina
  • Chile*
  • Peru*
  • South Africa
* experimental

Sector coverage


  • Headline
  • Core
  • Energy and utilities
  • Food
  • Telecom services*


  • Wages*
  • Combined Inflation and Wages news*
* for some countries: experimental

Time series

History start: 1/1/2018

Frequency: daily

Release time: 10am CET for the previous day


  • CSV files endpoint which can be accessed programmatically
  • Our online visualisation app

See also

Inflation NewsBot: state-of-the-art Natural Language Processing detecting inflation news


  • The News Inflationary Pressures Indices (NIPI) measure the relative balance of positive and negative inflation news (50 = neutral and above 50 = positive).
  • The News Volume Indices (NVI) measure the total volume of inflation news.
  • The Entropy database provides sector level sum of probabilities of the news being positive, negative or neutral.

Release versions

  • First live commercial release (English news only): 15-Nov-2020
  • Model revision since: None
  • Time series revision: None

Core NIPI in China and the US

Core NIPI in China and the US

Core NIPI in China and the US

Core NIPI in China and the US

Featured from our blog