According to the NY Fed, the latest UIG "full data set" measure for February is currently estimated at 4.8% vs. 5.1% in Januray.
- The "prices-only" measure for February is currently estimated at 3.9%, a 0.3 percentage point decrease from the current estimate of the previous month.
- The twelve-month change in the February CPI was +6%, a 0.4 percentage point decrease from the previous month.
- For February 2023, trend CPI inflation is estimated to be in the 3.9% to 4.8% range, a similar range compared to January, with a 0.3 percentage point decrease of both its lower and upper bounds.
NY Federal Reserve