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The phrase "inflation data" is correct and usable in written English.
You can use it when discussing statistics related to changes in the cost of goods and services, or when discussing macroeconomic trends associated with inflation. For example: "The latest inflation data shows that the cost of living has increased significantly over the past year."
Exact(58)
Although the government artificially depressed inflation data, it simultaneously inflated growth numbers.
Bond prices fell after the inflation data.
We are also expecting European inflation data at 10am.
Inflation data from India, released Wednesday, underlined this point.
(That number will be recalculated on Wednesday when the government releases new inflation data).
Tuesday brings us inflation data, and suddenly this topic is getting interesting.
Because the new inflation data reinforced that expectation, bond prices rallied and yields fell yesterday.
More detailed reports on last month's inflation data are due out Friday and next week.
He also expects the inflation data will not prompt any rate move by the RBA.
This to me represents the early signs of the pound's depreciation feeding into the inflation data.
The downbeat news on housing and consumer confidence, combined with the upbeat inflation data, would normally be positive for bonds.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com