History

  • May 2016

    The Germany & Japan PPP Series are released.

  • April 2015

    The United States Ex-Fuel Series is released.

  • May 2014

    The PPP Series is released with charts on real exchange rates, relative prices, and over/undervaluation for Argentina, Australia, Brazil, China, South Africa and the UK vs. the US.

  • February 2014

    The Turkey Inflation Series is released.

  • January 2014

    PriceStats Uruguay opens its office in Montevideo.

  • August 2013

    The Venezuela Index was removed due to the significant reduction in the number of prices available online. We continue to collect available data and hope to publish the index again soon.

  • January 2013

    The Global Inflation series is released, including the World Inflation series, the Food Inflation series and the Fuel Inflation series.

  • November 2012

    United States sector series are released.

  • October 2012

    The Canada, Greece and South Korea Inflation Series are released.

  • February 2012

    The Economist begins using the State Street PriceStats Argentina Daily Inflation Series in replacement of Argentina’s official inflation figures.

  • November 2011

    The Argentina, Colombia, Chile, Russia, South Africa, Uruguay and Venezuela Inflation Series are released.

  • September 2011

    The Ireland, Italy, Spain and Netherlands Inflation Series are released.

  • August 2011

    The China Fresh Food and China Supermarkets Inflation Series are released.

  • July 2011

    The Japan and Australia Inflation Series are released.

  • May 2011

    PriceStats establishes a partnership with State Street to bring its indices to the financial sector. Five inflation series are released first: US, UK, Brazil, Germany & France.

  • March 2011

    PriceStats gets its first formal office and moves into the Cambridge Innovation Center.

  • September 2010

    Pilar Iglesias leads the start of PriceStats with the objective of bringing the academic research to market.

  • January 2009

    Roberto starts using BPP indicators in conferences and predicts the end of the 2009 US recession by using the US BPP Inflation Index.

  • April 2008

    Alberto publishes an alternative inflation index for Argentina which is updated on a daily basis in the website Inflacion Verdadera.

  • March 2008

    Alberto Cavallo & Roberto Rigobon expand the data collection to 50 countries, starting an MIT academic initiative called the Billion Prices Project to conduct academic research using online data.

  • October 2007

    Alberto Cavallo develops daily inflation statistics using online prices for Argentina, Chile, Brazil, and Colombia as part of his Ph.D. thesis at Harvard University, “Scraped Data and Sticky Prices: Frequency, Hazards, and Synchronization.”