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Inflation "lift off" -- Billion Prices Index vs. Official CPI.

 
Physicist
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User ID: 14133304
United Kingdom
04/29/2012 04:55 PM
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Inflation "lift off" -- Billion Prices Index vs. Official CPI.
[link to bpp.mit.edu]

Notice how the Billion Prices Index leads the official CPI! See how in led the fall in 2008 relative to official CPI?
See how it also led the turnaround at the V-bottom.

Then, see how the Billion Prices Index is lifting off over the last month or so, whilst the CPI stays roughtly the same level.

Anyone in the US noticing this change over the last month or so? Gas prices?
Anonymous Coward
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United States
04/29/2012 04:57 PM
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Re: Inflation "lift off" -- Billion Prices Index vs. Official CPI.
Gas prices are coming down here. Not much but at least they are not going up.