YipitData’s U.S. Inflation Tracker
Actionable insights ahead of the monthly CPI print.
Using data from physical receipts, email receipts, and web scraping, we estimate inflation in key categories and help clients better position themselves ahead of the CPI print.
Sample questions we answer:
How is inflation tracking within key categories of the CPI?
We provide insights on categories currently make up 29% of the total index including:
Food at Home (8.3%)
Food Away from Home (5.1%)
Motor Fuel (4.9%)
Used Cars and Trucks (4.0%)
New Vehicles (4.0%)
Housekeeping (0.9%)
Alcoholic Beverages (0.9%)
Airline Fares (0.8%)
YipitData Sources - Receipts data: Food at Home, Food Away From Home, Housekeeping, and Alcoholic Beverage; Cargurus.com: Used & New Car and Trucks; EIA: Motor-Fuel; Email Receipts data: Airline Fares
Reported by BLS (Not seasonally adjusted)
Note: YD Tracked Categories represents weighted price growth of the 8 categories YD makes estimates for (Food at Home, Motor-Fuel, Used/New Car/Truck, Housekeeping, Alcoholic Beverages, Food Away From Home, Airline fares)
*Note: Our Airlines data has a larger margin of error vs reported CPI numbers, with post COVID error rates reaching mid-teens in certain months.
Assuming a mid-teens error rate in June 2022, reported CPI Airfare inflation could reach mid to high 40% Y/Y, implying an acceleration from May levels
Observed Wage Growth
Source: Transaction data
How is wage growth trending in the U.S.?
We use bank transaction data to gauge how nominal wages are trending to understand the wealth of the consumer and potential labor costs.
How is asset inflation impacting the real estate market?
We access home pricing data to provide a high level view into real estate inflation and sentiment.
Price per Square Foot (PPSF) for Active Listings, New Listings, and New Sales
Source: Redfin web scraped data
Stay one step ahead of the CPI.
On average, our data has been within 1pp of the reported CPI Y/Y growth rate for tracked categories since August 2021.