History

January 2013
The Global Inflation series is released, including the World Inflation series, the Food Inflation series and the Fuel Inflation series.
October 2012
The Canada, Greece and South Korea 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 series are released.
September 2011
The Ireland, Italy, Spain and Netherlands indices are released.
August 2011
The China Fresh Food and China Supermarkets series are released.
July 2011
The Japan and Australia series are released.
May 2011
PriceStats establishes a partnership with State Street to bring its indices to the financial sector. Five series are released first: United States, United Kingdom, Brazil, Germany and 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 http://www.inflacionverdadera.com.
March 2008
Alberto Cavallo and Roberto Rigobon expand the data collection to 50 countries and start an academic initiative at MIT 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.”