Gasoline Prices Firm
The Everyday Price Index (EPI) increased 0.8 percent in March. The Consumer Price Index (CPI), on the other hand, increased less, recording a 0.2 percent gain.
READ MORERestaurant Prices Rise Following Stronger Demand
After three consecutive months of decline, the Everyday Price Index (EPI) increased 0.5 percent in February.
READ MORELower Gasoline Prices Restrain Everyday Prices
The Everyday Price Index (EPI) decreased 1.5 percent in January in contrast to the Consumer Price Index (CPI) which decreased 0.7 percent.
READ MORELower Energy Prices Offset Higher Food Prices
The Everyday Price Index (EPI) decreased 1.0 percent in December in contrast to a 0.4 decrease in the Consumer Price Index (CPI).
READ MOREEnergy Prices Move Lower
The Everyday Price Index (EPI) decreased 1.2 percent in November. A decrease in energy prices offset an increase in the prices for prescription drugs and childcare.
READ MOREEnergy Prices Continue to Pull Down EPI
The Everyday Price Index (EPI) decreased 1.0 percent in October because a decrease in energy prices offset price increases in food, prescription drugs, and recreation.
READ MOREEveryday Prices Slow in September
The Everyday Price Index (EPI) decreased 0.2 percent in September as lower energy prices offset an increase in food. In contrast, the Consumer Price Index (CPI) increased 0.1 percent in September because of an increase in the price of housing. Housing is not included in the EPI because housing prices are fixed by long-term contracts. The EPI measures prices that change from day-to-day.
READ MOREHigher Food Prices Offset by Lower Energy Prices
The Everyday Price Index (EPI) decreased 0.5 percent in August because an increase in food prices was offset by a decrease in energy prices. Similarly, the Consumer Price Index (CPI) decreased 0.2 percent in August.
READ MOREFood Prices Increase in July but Energy Prices Decrease
The Everyday Price Index (EPI) was unchanged in July because the increase in food prices was offset by a decrease in energy prices.
READ MOREEveryday Prices Increase in June
The Everyday Price Index (EPI) increased 0.4 percent from May to June, a slightly larger jump than the 0.3 percent increase in the Consumer Price Index (CPI). The somewhat stronger growth in the EPI is consistent with the pace over the previous 12 months, when the EPI increased 2.4 percent compared to a 2.1 percent increase in the CPI. June’s stronger EPI growth was largely due to energy price increases, while food prices restrained both indexes.
READ MOREEveryday Prices Increase In May
Looking back over the past 12 months the EPI increased 2.5 percent. This is the largest year-over-year increase in the EPI since October 2012.
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Improving the Everyday Price Index
AIER’s Everyday Price Index (EPI) is designed to reflect price changes felt by Americans on a day-to-day basis. AIER is adjusting the methodology of computing the EPI to more accurately account for the spending patterns of American consumers. The improved EPI should better reflect the actual price pressures felt by people in their everyday purchases.
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