YipitData estimates accelerating motor-fuel & food inflation offsets slowing auto inflation
NEW YORK, July 11, 2022 /PRNewswire/ -- YipitData, the industry's trusted source of alternative data, has published the second installment of their U.S. Inflation Tracker. This monthly report estimates inflation in the United States across a growing number of categories including food at home, food away from home, fuel, new and used cars as well as insights into real estate pricing and wages. YipitData's analyst team estimates inflation in the covered categories (currently tracking 29% of the CPI) using near real time data from physical receipts, email receipts, and web-scraping.
- This monthly report estimates inflation in the United States across a growing number of categories including food at home, food away from home, fuel, new and used cars as well as insights into real estate pricing and wages.
- YipitData's analyst team estimates inflation in the covered categories (currently tracking 29% of the CPI) using near real time data from physical receipts, email receipts, and web-scraping.
- "The entire market is trading off of inflation and inflation expectations," says Avi Danda, Research Analyst at YipitData.
- In YipitData tracked food and grocery categories, food at home and housekeeping inflation slightly accelerated while food away from home and alcoholic beverages were stable.