PriceStats in the News

Inflation Showed Signs of Easing in Several Industries in August

The Wall Street Journal. 9/11/22
“U.S. consumer-price inflation showed signs of moderating in August for the second straight month, though the decrease was uneven across sectors and it remains unclear whether the slowdown will continue…”
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State Street, PriceStats to Provide Online Food Inflation Data to Policymakers, the Public and Extend Provision of Comprehensive Inflation Data to Central Banks

Business Wire. 5/17/22
“State Street Corporation (NYSE:STT) today announced that it will begin providing the PriceStats Global Food Inflation series to the public, on a complimentary basis, to help policymakers grapple with rapidly rising food prices and supply shortages driven by the war in Ukraine…”
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How investors are using alternative data to track the inflation debate

MarketWatch. 8/3/21
“With the debate over inflation dominating financial markets as the global economy reopens from the COVID-19 pandemic, investors are turning to a number of so-called alternative-data sources in an effort to get a more timely read on what’s happening to prices around the world…”
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Covid-19 policy-making and the need for high-speed data

Central Banking. 8/18/20
“The Covid-19 pandemic of 2020 triggered what may have been the fastest economic downturn in history. Overnight, government-imposed lockdowns caused whole sectors of the economy to shut down….”
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State Street To Provide Central Banks With PriceStats Inflation Indicators to Assess Economic Impact of COVID-19 Pandemic

Business Wire. 4/14/20
“State Street Corporation (NYSE:STT) today announced that it will offer its State Street PriceStats Series, a comprehensive suite of indicators to monitor trends in retailer pricing and consumer demand in 22 countries, to central banks around the world at no cost…”
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State Street Expands PriceStats Offering with Additional Indicators

Business Wire. 1/23/20
“State Street Corporation (NYSE:STT) today announced an expansion in coverage of State Street PriceStats Purchasing Power Parity (PPP) Indicators, which measure real exchange rates (RERs) for targeted economies with respect to the United States and, for select countries, Germany…”
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Growth of online retail is changing inflation

Financial Times. 8/25/18
“The swelling influence of online retailers is changing the way inflation behaves by making it more sensitive to one-off shocks such as jumps in the price of oil, currency swings or the imposition of tariffs, according to new research….”
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Can’t Wait a Month for Inflation Data? Daily Gauge Shows Prices in Real Time

The Wall Street Journal. 2/21/18
“Investors on the edge of their seats about inflation’s next move don’t have to wait until mid-March to find out how prices changed this month. PriceStats, a Cambridge, Mass., firm that tracks prices of millions of items sold online, produces a measure of U.S. consumer prices daily…”
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