In the last 6 weeks or so, some of our indicators have suggested a clear easing in inflationary pressures.
They have continued to provide early signals on near-term turning points. Here's how:
Can the NIPI Identify Inflation Downturns as Well as It Has Signalled Upturns?
A look-back at how the NIPI tracked the recent easing in US inflation. [Read more]
Loud and Clear: Combine Our NIPI (Direction) And NVI (Volume) To Spot Inflation Turning Points
The News Volume Index (NVI) provides information on top of the NIPI, useful to identify particularly significant turning points. [Read more]
Divergent Paths
The above chart shows the largest changes over the last 4 weeks in core NIPI across countries. Turning points sometimes bring increased dispersion: that seems to be the case now. The euro area Core NIPI did not make it to the chart because it is essentially flat over the period.
Japan NIPI Release Scheduled on 26th of August
The NewsBot in Japanases is up and running. We have been able to show preliminary NIPI series for Japan and are putting the final touch for a release at the end of next week.
AMS Featured in The Economist (again)
For the second time in a month, The Economist featured our data in "Why it is too early to say the world economy is in recession", 24th of July edition. [Read more]
Monitoring Services Activity With Alternative Data
Not inflation related, but here's a great example on how alternative data can be used to track services activity, from the French statistical office INSEE: [Read more]
