Signals › Inflation & Prices
Industrial and power input cost.
Dollars per Million BTU · observation 2026-09-29, published 2026-09-30
Last 24 observations.
Inside the normal range. Not a strong reading either way.
Inflation & Prices: Capture the shock channel, not the level. Inflation rarely causes recessions; oil shocks and the policy response to inflation do. The model averages the standardised signals in each block into a block score, then combines the twelve block scores in a probit. Today the 12-block model reads 1.6%.