Gas Drives EPI Downward
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.
READ MOREEveryday Prices Stay Steady
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.)
READ MOREEnergy Boosts Everyday Prices
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.
READ MOREEveryday Prices Heat Up
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.)
READ MOREInflation Poised to Accelerate
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.
READ MOREPressure Builds Beneath Prices
Inflation Report featuring the Everyday Price Index (EPI)Vol. I no. 2 | March, 2013by Jule Ni Zhu
READ MOREEveryday Prices Dip in October
Everyday Price Index November 21, 2012 Thanks 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. by Julie Ni Z …
READ MOREThe Everyday Price Index Continues Its Upswing
Everyday Price Index October 22, 2012 On an annualized basis, the prices of frequently purchased goods rose nearly 13 percent last month. by Julie Ni Zhu, Research Analyst, and Sarah Todd, Editor
READ MOREThe EPI Reflects Basic Economic Change
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. The Bureau of Labor Statistics periodically uses a survey to captu …
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