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Submission: On June 10 via api from GB — Scanned from GB
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Menu * Methodology * Developer Center * About Us * Blog Dashboard * * * * * * INDEPENDENT, ECONOMIC & FINANCIAL DATA IN REAL TIME ON-CHAIN Chainlink Oracle View Dashboard ABOUT US Truflation’s indexes are a premium source of independent censorship resistant financial and economic data on-chain. Truflation is the engine that powers inflation protected web3 applications and blockchain economies. Read More WHY TRUFLATION DATA BREADTH We source data from over 30 different data providers resulting in multiple data sources for each category. DATA DEPTH Each data source provides us with census-level data resulting in us tracking more than 10 million items every day. UPDATED DAILY Our Indexes are updated every single day. UNBIASED We are independent, unbiased and available on-chain. OUR BELIEF At Truflation, we believe in data and methodology, not sentiment and surveys. We believe the world is better with open, independent, agenda free economic data. We endeavor to empower developers with the tools and data they need to build the future. Read more JOIN OUR COMMUNITY Join our community via Telegram, Discord and Twitter. Chat to the Truflation team and members about how we can help your next project. TELEGRAM DISCORD OUR METHODOLOGY Data is at the core of what Truflation is all about. Currently, we track the price of more than 10 million different items from more than 30 different data sources, and these numbers are growing with every product update. Methodology TRUFLATION INSIGHTS 09 June 2022 TRUFLATION CPI INSIGHTS FOR JUNE Based on Truflation, we continue to have high inflation rates in June. We expect inflation to remain high for the duration of 2022 and start to ‘appear’ to come down only because prices were so high in 2021 that they will skew the YoY% change. In reality, inflation is at all-time highs in most categories, so let’s dive into the numbers and our insights for June: As of June 9th, 2022, Inflation in the US is 10.6%, as measured by Truflation’s Dashboard, and is holding stable versus our May 9th ra Read the article 08 June 2022 TRUFLATION ONE STEP CLOSER TO GLOBAL INFLATION DATA. This month the Truflation index is getting its biggest overhaul yet. The index updates with the entirely independent consumer trends based on multiple methodologies and global data sources to exchange the current data weights. Truflation is also launching an entirely new website [https://truflation.com/] and a dashboard [https://app.truflation.com/] that offers more insights and highly detailed daily inflation charts. Truflation is an independent US inflation index that has so far used the US Read the article 02 June 2022 IS THE OFFICIAL CPI UNDERESTIMATING INFLATION? This is how the BLS calculates inflation and how it could be done better. First, we need to get some basic concepts understood. And do not worry about the formulas below, they are simpler than they may seem at first glance. The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is calculated using the following formula: Where CPI2 is the CPI in the second period. Where CPI1 is t Read the article View All DEVELOPER CENTER The entire Truflation approach is a developer-led one. Check out our Developer Center to access all the tools and supports we have to help you build an inflation protected future.. Developer Centre TRUFLATION RATE 10.75% Compared to the same day last year 8.07% 11.58% Lowest YTD Highest YTD 10.75% TRUFLATION RATE WIDGET Use our Truflation rate widget to display our independent data in real-time on your website or platform. TRUSTED BY JOIN US IN OUR MISSION We would love for you to join us in our mission, or even just to come ask us any questions you might have. * * * * * Info * Methodology * Developer Center * About Us * Blog Legal * Privacy Policy © 2022. Truflation - All Rights Reserved.