State Street Acquires PriceStats, Global Leader in Inflation Analytics

• State Street will leverage PriceStats to develop new, proprietary data products designed to accelerate investment decision making

BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the recent acquisition of its long-term partner, PriceStats, the leading provider of daily inflation statistics derived from digitally-sourced prices for millions of consumer products across the world.

Founded in 2011, PriceStats’ proprietary methodology collects price data for millions of products sold by more than 1,500 retailers around the world, offering insights into inflation trends and purchasing power that complement traditional government indicators. Academic research has demonstrated that online prices provide an effective leading indicator and signal of inflation trends. The offering has been a foundational component of the State Street Markets research platform since 2011 and is widely used by institutional investors, economists, and central banks.

PriceStats will become part of State Street Data Intelligence, which provides clients with proprietary data and insights to better inform investment decision making. In addition to PriceStats’ inflation measures, the Data Intelligence suite also includes the State Street Private Capital Indices, a suite of benchmarks and analytics derived from more than $6 trillion in proprietary data covering private equity and private credit designed to support the construction and benchmarking of private equity and credit portfolios.

“Accurate and actionable measurement of economic activity increasingly requires the collection and analysis of large unstructured data sets. The recent period of rapidly changing inflation has demonstrated the need for near-real-time data, which requires a tech-driven, digital solution," said Will Kinlaw, head of State Street Data Intelligence. “The PriceStats platform is best in class and from this strong foundation we will launch a range of advanced, low-latency economic indicators around prices, employment, and other key variables."

“Inflation has recently become a key challenge for many economies around the world,” said Pilar Iglesias, co-founder of PriceStats. “For 15 years, PriceStats has led the way in developing methods that help investors navigate today’s macroeconomic environment with a differentiated approach. Joining State Street is an important milestone for PriceStats and highlights the value of the partnership we have built with State Street over the years.”

PriceStats co-founder Alberto Cavallo, the Thomas S. Murphy Professor of Business Administration at Harvard Business School, will remain as an academic partner of State Street Associates, State Street's longstanding institute for partnerships with leading academics. He will also partner with State Street to develop additional products focused on high-speed measurement of the real economy.

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About State Street Corporation
State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $51.7 trillion in assets under custody and/or administration and $5.4 trillion* in assets under management as of September 30, 2025, State Street operates globally in more than 100 geographic markets and employs approximately 52,000 worldwide. For more information, visit State Street's website at www.statestreet.com.

*Assets under management as of September 30, 2025 includes approximately $145 billion of assets with respect to SPDR® products for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) acts solely as the marketing agent. SSGA FD and State Street Investment Management are affiliated.

About PriceStats
PriceStats is the leading global provider of daily inflation and relative price statistics. Using millions of online prices collected daily from hundreds of retailers worldwide, PriceStats produces real-time measures of inflation and purchasing power. Founded in 2011, PriceStats has become a trusted source for timely insights into global price dynamics for investors, central banks and researchers.

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