What is Truflation?

It is the responsibility of governments and central banks to gather information, evaluate important economic indicators, and communicate the state of the economy to the public. The techniques used for measuring inflation are often modified, frequently selecting methods that result in lower reported rates. If the inflation calculation methods from the 1980s and 1990s were still applied today, the recognized inflation rates would be around 14% and 10%, respectively. Furthermore, the new inflation indexes currently being tested by the Bureau of Labor Statistics suggest even lower inflation levels. The headline inflation statistics reported in the media reflect the annual changes in the Consumer Price Index (CPI). Through extensive research and analysis, we have redefined the official CPI to provide a more accurate depiction of actual price changes in the marketplace. Our US Truflation index offers daily updates on inflation using the latest market data and is accessible to all through a decentralized blockchain oracle, which guarantees transparency and reliability in tracking economic trends. This pioneering method not only improves awareness but also equips individuals with the necessary tools to make well-informed financial choices based on up-to-date information. This shift towards more accessible data represents a significant step in democratizing economic information for the public.

Screenshots and Video

Truflation Screenshot 1

Company Facts

Company Name:
Truflation
Company Website:
truflation.com

Product Details

Deployment
SaaS
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Truflation Categories and Features