Observation:
Apr 2024: 4.41239 (+ more) Updated: May 15, 2024 12:01 PM CDTApr 2024: | 4.41239 | |
Mar 2024: | 4.50921 | |
Feb 2024: | 4.40310 | |
Jan 2024: | 4.60392 | |
Dec 2023: | 4.55440 | |
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Units:
Percent Change from Year Ago,Frequency:
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Source: Federal Reserve Bank of Atlanta
Release: Sticky Price CPI
Units: Percent Change from Year Ago, Seasonally Adjusted
Frequency: Monthly
The Sticky Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively infrequently. Because these goods and services change price relatively infrequently, they are thought to incorporate expectations about future inflation to a greater degree than prices that change on a more frequent basis. One possible explanation for sticky prices could be the costs firms incur when changing price.
To obtain more information about this release see: Michael F. Bryan, and Brent H. Meyer. “Are Some Prices in the CPI More Forward Looking Than Others? We Think So.” Economic Commentary (Federal Reserve Bank of Cleveland) (May 19, 2010): 1–6. https://doi.org/10.26509/frbc-ec-201002.
Federal Reserve Bank of Atlanta, Sticky Price Consumer Price Index less Food and Energy [CORESTICKM159SFRBATL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CORESTICKM159SFRBATL, May 26, 2024.