by Julie Ni Zhu
November 21, 2012Thanks to falling prices for household fuels, gasoline, and recreation, the EPI ticked downward last month. But that’s not enough to reverse the climb of everyday prices over the last 12 months.
To uncover these trends, we extended the EPI series to 1987. One of the challenges with comparing price levels over longer periods is that people change their buying behavior over time.