--- title: "Might be a bit early to say if Truflation works but if it does, this looks pretty good. Here's why Truflation could the \"anti-CPI\" index disrupting economic forecasting" description: "1. Goodbye Surveys, Hello Big Data šŸ“”\nThe official CPI relies on manual surveys and \"judgmental adjustments.\" Truflation uses 18 million+ data points in real-time. It scrapes e-commerce APIs, transit data, and housing aggregates every 24 hours.\n\n2. The \"45-Day Edge\" šŸƒšŸ’Ø\nTraditional inflation data is a rearview mirror. Truflation acts as a leading indicator, often sniffing out price pivots 45 days before they hit government reports.\n\n3. Censorship-Resistant Math ā›“ļø\nEver feel like the \"official\" numbers don't match your receipt? Truflation puts its data on-chain (via Chainlink). Itā€™s immutable. No \"seasonal adjustments\" or political massagingā€”just pure, transparent code.\n\n4. The Current Reality (Jan 2026) šŸ“Š\nWhile headlines debate the latest \"sticky\" CPI prints, Truflationā€™s dashboard often shows a different story:\n\nOfficial CPI: Hovering around 2.3%\n\nTruflation: Currently tracking closer to 1.7%\n\nThe Takeaway: In a world of high-frequency trading and instant supply chain shifts, \"monthly\" is the new \"obsolete.\"\n\nBy the way, hashtag#blockchain is the structural backbone of Truflation. While it collects data from traditional sources (like e-commerce sites and retailers), it uses blockchain to ensure that data is verifiable, transparent, and tamper-proof.\n\nThe ecosystem has its own native token ($TRUF) which handles the \"business\" side of the data:\n- Staking: Node operators (the people running the computers that verify the data) must stake tokens as collateral to ensure they provide honest numbers.\n- Governance: Token holders can vote on things like which new data categories should be added or how the inflation formula should be weighted.\n- Payments: Users often pay in tokens to access premium, high-speed data streams\n\nSource chart: Bloomberg, RBC" image: https://blog.syzgroup.com/hubfs/4-Jan-26-2026-02-19-10-3756-PM.jpg --- [![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr) ## **Thinking** out loud [Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en) [![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2) - [OUR SERVICES](https://www.syzgroup.com/en/private-banking) - [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz) - [CAREERS](https://www.syzgroup.com/en/careers) - [PRESS](https://www.syzgroup.com/en/news) - [Blog Homepage](https://blog.syzgroup.com) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [CONTACT](https://www.syzgroup.com/en/contact-us/form) - [ENGLISH](https://www.syzgroup.com/) - [FRANƇAIS](https://www.syzgroup.com/fr) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Our Services](https://www.syzgroup.com/en/private-banking) - [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz) - [Careers](https://www.syzgroup.com/en/careers) - [Press](https://www.syzgroup.com/en/news) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [English](https://www.syzgroup.com/) - [FranƧais](https://www.syzgroup.com/fr) ## **Sign-up** for our newsletter This website uses cookies to enhance user navigation and to collect statistical data. 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If you made a mistake, please change here USA Country Switzerland Canada: Other than Ontario, Quebec, Alberta Canada: Ontario, Quebec or Alberta USA Other country Language Language English French German Italian I confirm Legal information This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. 26 Jan 2026 - - - #### Might be a bit early to say if Truflation works but if it does, this looks pretty good. Here's why Truflation could the "anti-CPI" index disrupting economic forecasting 1\. Goodbye Surveys, Hello Big Data šŸ“” The official CPI relies on manual surveys and "judgmental adjustments." Truflation uses 18 million+ data points in real-time. It scrapes e-commerce APIs, transit data, and housing aggregates every 24 hours. 2. The "45-Day Edge" šŸƒšŸ’Ø Traditional inflation data is a rearview mirror. Truflation acts as a leading indicator, often sniffing out price pivots 45 days before they hit government reports. 3. Censorship-Resistant Math ā›“ļø Ever feel like the "official" numbers don't match your receipt? Truflation puts its data on-chain (via Chainlink). Itā€™s immutable. No "seasonal adjustments" or political massagingā€”just pure, transparent code. 4. The Current Reality (Jan 2026) šŸ“Š While headlines debate the latest "sticky" CPI prints, Truflationā€™s dashboard often shows a different story: Official CPI: Hovering around 2.3% Truflation: Currently tracking closer to 1.7% The Takeaway: In a world of high-frequency trading and instant supply chain shifts, "monthly" is the new "obsolete." By the way, hashtag#blockchain is the structural backbone of Truflation. While it collects data from traditional sources (like e-commerce sites and retailers), it uses blockchain to ensure that data is verifiable, transparent, and tamper-proof. The ecosystem has its own native token ($TRUF) which handles the "business" side of the data: - Staking: Node operators (the people running the computers that verify the data) must stake tokens as collateral to ensure they provide honest numbers. - Governance: Token holders can vote on things like which new data categories should be added or how the inflation formula should be weighted. - Payments: Users often pay in tokens to access premium, high-speed data streams Source chart: Bloomberg, RBC [#Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) ![Might be a bit early to say if Truflation works but if it does, this looks pretty good. Here's why Truflation could the ](https://blog.syzgroup.com/hubfs/4-Jan-26-2026-02-19-10-3756-PM.jpg) ![Might be a bit early to say if Truflation works but if it does, this looks pretty good. Here's why Truflation could the ](https://blog.syzgroup.com/hubfs/4-Jan-26-2026-02-19-10-3756-PM.jpg) #### Disclaimer This marketing document has been issued by Bank Syz Ltd. It is not intended for distribution to, publication, provision or use by individuals or legal entities that are citizens of or reside in a state, country or jurisdiction in which applicable laws and regulations prohibit its distribution, publication, provision or use. It is not directed to any person or entity to whom it would be illegal to send such marketing material. This document is intended for informational purposes only and should not be construed as an offer, solicitation or recommendation for the subscription, purchase, sale or safekeeping of any security or financial instrument or for the engagement in any other transaction, as the provision of any investment advice or service, or as a contractual document. Nothing in this document constitutes an investment, legal, tax or accounting advice or a representation that any investment or strategy is suitable or appropriate for an investor's particular and individual circumstances, nor does it constitute a personalized investment advice for any investor. This document reflects the information, opinions and comments of Bank Syz Ltd. as of the date of its publication, which are subject to change without notice. The opinions and comments of the authors in this document reflect their current views and may not coincide with those of other Syz Group entities or third parties, which may have reached different conclusions. The market valuations, terms and calculations contained herein are estimates only. The information provided comes from sources deemed reliable, but Bank Syz Ltd. does not guarantee its completeness, accuracy, reliability and actuality. Past performance gives no indication of nor guarantees current or future results. Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. Read More ## Related Articles [Central banks|](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) #### [Federal Reserve Bank of New York President John Williams said he still sees one more interest-rate hike as appropriate this year](https://blog.syzgroup.com/syz-the-moment/federal-reserve-bank-of-new-york-president-john-williams-said-he-still-sees-one-more-interest-rate-hike-as-appropriate-this-year?hsLang=en) However, at the moment, he does NOT believe it will be necessary for the central bank to increase rates again in 2027. John Williams is widely considered a centrist on monetary policy, though he often tilts dovish compared to the rest of the market Source: Gregory Daco **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 14/10/2026 [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) #### [Yes, fiscal discipline is achievable. Switzerland offers a powerful example.](https://blog.syzgroup.com/syz-the-moment/yes-fiscal-discipline-is-achievable.-switzerland-offers-a-powerful-example?hsLang=en) Franceā€™s fiscal troubles dominate the headlines. Yet its neighbour deserves more attention. Switzerland wasnā€™t always a model of sound public finances. During the 1990s, federal debt surged. Then came a turning point. In 2001, 85% of Swiss voters approved a constitutional ā€œdebt brakeā€, implemented in 2003. The principle is simple: ā†’ Save when the economy is strong. ā†’ Allow deficits during downturns. ā†’ Balance spending and revenues over the economic cycle. ā†’ Permit exceptional spending during major crises. The results? Federal debt fell from 56.2% of GDP in 2003 to 37.5% in 2024. Economic growth and rising revenues helped. The rule provided a framework that constrained persistent deficits while preserving room to respond to shocks. Switzerland and France have different institutions. Copying a rule alone would not guarantee the same outcome. But the Swiss experience challenges the idea that rising debt is inevitable. Fiscal discipline requires more than promises. It requires credible rulesā€”and the political commitment to respect them. Should Switzerland feature more prominently in Europeā€™s fiscal debate? Source: Riccardo Trezzi **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 12/10/2026 [Macroeconomics|](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) #### [The 4-week average of initial claims equaled its lowest level ever (57 years).](https://blog.syzgroup.com/syz-the-moment/the-4-week-average-of-initial-claims-equaled-its-lowest-level-ever-57-years?hsLang=en) I cut off the peaks so we can better see the troughs. -- For decades, this was THE gauge to measure the labor market. Now it's making a case this is the best US labor market in our lifetime... Source: Jim Bianco **[Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/author/charles-henry-monchau?hsLang=en)** | 09/10/2026 ## Straight from the Desk # Syz the moment Live feeds, charts, breaking stories, all day long. 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