EPI Keeps Warm in Arctic Blast

– January 16, 2014

The Everyday Price Index (EPI) increased 0.2 percent for December in response to record low temperatures across the country. The EPI was led higher by a 0.3 percent increase in household fuels and utilities and by a 0.6 percent increase in motor fuel. On the other hand, the Consumer Price Index increased 0.3 percent led higher by a rebound in housing.


EPI Falls, Earnings Rise

– December 18, 2013

A 3.2 percent decline in motor fuel prices, representing the fifth consecutive month of declines, led the Everyday Price Index (EPI) down by 0.8 percent in November, compared with an unchanged figure for the broader Consumer Price Index (CPI).


Gas Price May Aid Holiday Sales

– November 21, 2013

A­­­ 0.7 percent decline in energy prices was the primary cause of a 1.3 percent decline in the Everyday Price Index (EPI) for October, far outpacing the 0.1 percent decrease in the seasonally adjusted Consumer Price Index for the same period. Gasoline, one of the most frequent purchases of many households, fell 2.9 percent for the month, according to a Bureau of Labor Statistics index. 


Lower Fuel Costs Pull Everyday Prices Down

– October 30, 2013

The delayed release of the consumer price data for September shows that, while the overall consumer prices rose a bit in September, the everyday prices for products people buy frequently dipped slightly. The Consumer Price Index for All Urban Consumers, the broadest index that includes all consumer products and services, increased 0.2 percent in September. In contrast, AIER’s Everyday Price Index, which covers prices of frequently purchased consumer items, fell 0.2 percent in September. This makes the second month in a row that EPI has declined; in August it fell 0.05 percent.


Consumer Basics Lift EPI Prices

– October 18, 2013

The federal government shutdown caused a delay in the release of inflation data (consumer expenditure survey data) by the Bureau of Labor Statistics.  The numbers we report this month were estimated by AIER by applying statistical modeling to historical data. According to our model, the Everyday Price Index rose by an estimated 0.5 percent in September, following a 0.1 percent drop in August. The increase was driven largely by basic consumer products. 


Gas Drives EPI Downward

– September 18, 2013

Led by falling prices for fuel and energy, everyday prices crept down in August. AIER’s Everyday Price Index (EPI) fell 0.1 percent following a three-month string of moderate increases.


Everyday Prices Stay Steady

– August 19, 2013

Driven mainly by moderating international food and energy prices, everyday prices were tame in the most recent reading. AIER’s Everyday Price Index (EPI) edged up just 0.1 percent in July following increases of 0.3 and 0.5 percent in May and June. The Consumer Price Index (CPI), the government’s broader measure of prices, climbed 0.2 percent last month on a seasonally adjusted basis. (The EPI is not seasonally adjusted.) 


Energy Boosts Everyday Prices

– July 17, 2013

As temperatures soared in June, so did Americans’ electric bills. Costlier household utilities drove the prices of frequently purchased items to their highest point in ten months, according to AIER’s Everyday Price Index.


Everyday Prices Heat Up

– June 20, 2013

Warmer weather in May brought an increase in the prices of frequently purchased goods and services. AIER’s Everyday Price Index rose 0.3 percent after falling 0.8 percent in April. The Consumer Price Index, the government’s broader measure of prices, climbed 0.1 percent last month on a seasonally adjusted basis. (See Charts 1 and 2 for long-term and month-by-month comparisons of the EPI and CPI.)


Gas Depresses Everyday Prices

– May 1, 2013

Inflation ReportMay 2013by Julie Ni Zhu, Research Analyst


Inflation Poised to Accelerate

– April 1, 2013

Inflation ReportApril, 2013by Steven R. Cunningham and Julie Ni ZhuA surge in everyday prices is one of many signs. Wholesale prices and long-bond yields are also trending upward. And the money supply is ballooning.


Pressure Builds Beneath Prices

– March 1, 2013

Inflation Report featuring the Everyday Price Index (EPI)Vol. I no. 2 | March, 2013by Jule Ni Zhu