9 Feb. 2022

China NIPI First Release!

We are excited to share the first release of our long-awaited China NIPI.

Close to 800,000 news articles in Chinese have been processed to build four-year history of daily data.

China was obviously an important missing link in our suite of timely inflation indicators.

The China NIPI should help crosscheck official data. Our framework is independent. The methodology is exactly the same in all regions: if it can be assessed successfully for the US, there are stong reasons to believe it will also be relevant in China where we have a very decent amount of news data.

The China NIPI has also an important global angle: Chinese goods inflation are key to developed markets, so a timely inflation measure in China should find its way in the DM economies forecast process.

As always, don't hesitate to reach out with any questions.

Looking for background about the News inflation Pressure Indices?

- check this Blog Post which explains how the NIPIs are built

NB: the title "One million news project
(and counting)" ... should now read "Six million news project", with all the work that has gone in the NIPI and the NewsBot in the last 18 months.

How to access the China NIPI?

The China NIPI is part of our regular suite of inflation products.

Today's NIPI databases dump includes the Chinese data.

Clients can access the NIPI as usual, using the NIPI App or through data download.

Others are welcome to request a trial.

Earlier posts

1. Newsletter: EM Inflation, US CPI Look-back, NIPI App Feature Update, 2112/2021. Available here.

2. Blog Post: "Beyond base effects: Eurozone NIPIs and HICP inflation momentum", 1/12/2021. Available here.

3. Newsletter: No Base Effects Here, NIPI bounded, 1/12/2021. Available here.

4. Blog Post: "The NIPI as a predictor of US inflation: Nov-2021 update", 10/11/2021. Available here.

5. Newsletter: 700+ / day, Chinese news. 10/11/2021. Available here.

6. Blog Post: "Tracking narratives to forecast food prices", 13/10/2021. Available here.