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.
READ MORELed 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 MOREDriven 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 MOREAs 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 MOREWarmer 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 ReportMay 2013by Julie Ni Zhu, Research Analyst
READ MOREInflation 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 MOREInflation Report featuring the Everyday Price Index (EPI)Vol. I no. 2 | March, 2013by Jule Ni Zhu
READ MOREEveryday Price Index Vol. II, no. 1 | January 2013
READ MOREEveryday 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 MOREEveryday 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
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