CONVEX

Inflation

CPI, PCE, breakevens, and inflation expectations data updated live. Track the indicators the Fed watches most closely to set monetary policy.

Inflation erodes purchasing power and forces central banks to tighten, squeezing equity multiples and increasing credit stress. Breakeven rates reveal what the bond market expects for future inflation, while CPI and PCE measure what consumers actually experience. Divergences between market expectations and realized prints create some of the highest-impact trading events of the year.

Data as of · 21 metrics with live data

CPI (All Urban)

monthly
332.41

Consumer Price Index for all urban consumers, the headline inflation gauge.

US CPI YoY (OECD MEI, legacy)

monthly
2.31%

US consumer price index, year-on-year change (OECD MEI). Feed stopped updating in April 2025; CPIAUCNS_YOY is the live replacement.

US CPI YoY

monthly
3.26%

US headline CPI year-over-year, derived in-house from CPIAUCNS (NSA, BLS headline methodology). Replaced the stale OECD MEI CPALTT01USM659N feed.

Core CPI (ex Food/Energy)

monthly
335.42

CPI excluding food and energy, less volatile measure of underlying inflation.

PCE Price Index

monthly
130.34

Personal Consumption Expenditures price index, the Fed's preferred inflation measure.

Core PCE (ex Food/Energy)

monthly
129.28

Core PCE excluding food and energy, the single most important inflation metric for the Fed.

PPI Final Demand

monthly
156.50

Producer Price Index for final demand, leading indicator of consumer inflation.

CPI: Rent of Shelter

monthly
445.12

CPI shelter component, the stickiest and largest component of core CPI.

CPI: Supercore Services

monthly
443.15

Core services ex housing, the "supercore" metric the Fed watches for wage-driven inflation.

CPI: Used Cars & Trucks

monthly
179.82

Used vehicle price index, volatile goods component that drove 2021-22 inflation.

CPI: Energy

monthly
325.98

Energy component of CPI, driven by oil prices and utility costs.

CPI: Food

monthly
348.35

Food component of CPI, politically sensitive and affects consumer sentiment.

Michigan Inflation Expectations

monthly
3.80%

University of Michigan 1-year inflation expectations, consumer survey measure.

10Y Breakeven Inflation

daily
2.49%

Market-implied 10-year inflation expectations from TIPS spread.

Global Commodity Price Index

monthly
218.81

IMF global commodity price index, leading indicator of headline inflation.

CPI-U (Not Seasonally Adjusted)

monthly
333.02

Headline Consumer Price Index for All Urban Consumers, NSA; preferred for year-over-year calculations and TIPS contract indexation.

1Y Expected Inflation (Cleveland)

monthly
3.54%

Cleveland Fed 1-year expected inflation rate from a no-arbitrage term-structure model.

2Y Expected Inflation (Cleveland)

monthly
2.98%

Cleveland Fed 2-year expected inflation rate from a no-arbitrage term-structure model.

5Y Expected Inflation (Cleveland)

monthly
2.59%

Cleveland Fed 5-year expected inflation rate; medium-horizon market-implied anchor.

10Y Expected Inflation (Cleveland)

monthly
2.48%

Cleveland Fed 10-year expected inflation rate; long-horizon anchor used in DSGE and nowcasting work.

30Y Expected Inflation (Cleveland)

monthly
2.51%

Cleveland Fed 30-year expected inflation rate; very long-horizon anchor for insurance and pension liability modeling.

Mexico Headline CPI YoY

monthly
--

Mexico headline CPI year-over-year (INPC general), published monthly by INEGI and mirrored via Banxico SIE series SP74660.

Other Categories

Multi-Indicator Charting

Chart up to 10 inflation indicators on one plot alongside metrics from other categories. Compare trends, spot divergences, and share your analysis.

Open Indicators Dashboard →

Daily Market Intelligence

Get macro analysis covering inflation and other key indicators delivered to your inbox every morning.

Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated at varying frequencies. This page is for informational purposes only and does not constitute financial advice.