The BLS calculates a research price index called the Consumer Price Index for Americans 62 years of age and older, or R-CPI-E. The R-CPI-E is used by those interested in measures of price change specifically based on the spending patterns of the elderly (as defined in the construction of this index). Official uses of the R-CPI-E have been considered by other government agencies but not implemented due to several limitations. These limitations must be considered and understood by potential users of the data, and any conclusions drawn from these analyses should be treated as tentative. See the Bureau of Labor Statistics (BLS) (https://www.bls.gov/cpi/research-series/r-cpi-e-home.htm) from more information.

The BLS calculates a research price index called the Consumer Price Index for Americans 62 years of age and older, or R-CPI-E. The R-CPI-E is used by those interested in measures of price change specifically based on the spending patterns of the elderly (as defined in the construction of this index). Official uses of the R-CPI-E have been considered by other government agencies but not implemented due to several limitations. These limitations must be considered and understood by potential users of the data, and any conclusions drawn from these analyses should be treated as tentative. See the Bureau of Labor Statistics (BLS) (https://www.bls.gov/cpi/research-series/r-cpi-e-home.htm) from more information.

The BLS calculates a research price index called the Consumer Price Index for Americans 62 years of age and older, or R-CPI-E. The R-CPI-E is used by those interested in measures of price change specifically based on the spending patterns of the elderly (as defined in the construction of this index). Official uses of the R-CPI-E have been considered by other government agencies but not implemented due to several limitations. These limitations must be considered and understood by potential users of the data, and any conclusions drawn from these analyses should be treated as tentative. See the Bureau of Labor Statistics (BLS) (https://www.bls.gov/cpi/research-series/r-cpi-e-home.htm) from more information.

The BLS calculates a research price index called the Consumer Price Index for Americans 62 years of age and older, or R-CPI-E. The R-CPI-E is used by those interested in measures of price change specifically based on the spending patterns of the elderly (as defined in the construction of this index). Official uses of the R-CPI-E have been considered by other government agencies but not implemented due to several limitations. These limitations must be considered and understood by potential users of the data, and any conclusions drawn from these analyses should be treated as tentative. See the Bureau of Labor Statistics (BLS) (https://www.bls.gov/cpi/research-series/r-cpi-e-home.htm) from more information.

The BLS calculates a research price index called the Consumer Price Index for Americans 62 years of age and older, or R-CPI-E. The R-CPI-E is used by those interested in measures of price change specifically based on the spending patterns of the elderly (as defined in the construction of this index). Official uses of the R-CPI-E have been considered by other government agencies but not implemented due to several limitations. These limitations must be considered and understood by potential users of the data, and any conclusions drawn from these analyses should be treated as tentative. See the Bureau of Labor Statistics (BLS) (https://www.bls.gov/cpi/research-series/r-cpi-e-home.htm) from more information.

The BLS calculates a research price index called the Consumer Price Index for Americans 62 years of age and older, or R-CPI-E. The R-CPI-E is used by those interested in measures of price change specifically based on the spending patterns of the elderly (as defined in the construction of this index). Official uses of the R-CPI-E have been considered by other government agencies but not implemented due to several limitations. These limitations must be considered and understood by potential users of the data, and any conclusions drawn from these analyses should be treated as tentative. See the Bureau of Labor Statistics (BLS) (https://www.bls.gov/cpi/research-series/r-cpi-e-home.htm) from more information.

The BLS calculates a research price index called the Consumer Price Index for Americans 62 years of age and older, or R-CPI-E. The R-CPI-E is used by those interested in measures of price change specifically based on the spending patterns of the elderly (as defined in the construction of this index). Official uses of the R-CPI-E have been considered by other government agencies but not implemented due to several limitations. These limitations must be considered and understood by potential users of the data, and any conclusions drawn from these analyses should be treated as tentative. See the Bureau of Labor Statistics (BLS) (https://www.bls.gov/cpi/research-series/r-cpi-e-home.htm) from more information.

The BLS calculates a research price index called the Consumer Price Index for Americans 62 years of age and older, or R-CPI-E. The R-CPI-E is used by those interested in measures of price change specifically based on the spending patterns of the elderly (as defined in the construction of this index). Official uses of the R-CPI-E have been considered by other government agencies but not implemented due to several limitations. These limitations must be considered and understood by potential users of the data, and any conclusions drawn from these analyses should be treated as tentative. See the Bureau of Labor Statistics (BLS) (https://www.bls.gov/cpi/research-series/r-cpi-e-home.htm) from more information.

The BLS calculates a research price index called the Consumer Price Index for Americans 62 years of age and older, or R-CPI-E. The R-CPI-E is used by those interested in measures of price change specifically based on the spending patterns of the elderly (as defined in the construction of this index). Official uses of the R-CPI-E have been considered by other government agencies but not implemented due to several limitations. These limitations must be considered and understood by potential users of the data, and any conclusions drawn from these analyses should be treated as tentative. See the Bureau of Labor Statistics (BLS) (https://www.bls.gov/cpi/research-series/r-cpi-e-home.htm) from more information.

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation. Evidence suggests that this flexible price measure is more responsive to changes in the current economic environment or the level of economic slack. 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 (https://doi.org/10.26509/frbc-ec-201002).

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation. Evidence suggests that this flexible price measure is more responsive to changes in the current economic environment or the level of economic slack. 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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation. Evidence suggests that this flexible price measure is more responsive to changes in the current economic environment or the level of economic slack. 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 (https://doi.org/10.26509/frbc-ec-201002).

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation. Evidence suggests that this flexible price measure is more responsive to changes in the current economic environment or the level of economic slack. 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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation. Evidence suggests that this flexible price measure is more responsive to changes in the current economic environment or the level of economic slack. 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 (https://doi.org/10.26509/frbc-ec-201002).

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation. Evidence suggests that this flexible price measure is more responsive to changes in the current economic environment or the level of economic slack. 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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation. Evidence suggests that this flexible price measure is more responsive to changes in the current economic environment or the level of economic slack. 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 (https://doi.org/10.26509/frbc-ec-201002).

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 (https://doi.org/10.26509/frbc-ec-201002).

The Flexible Price Consumer Price Index (CPI) is calculated from a subset of goods and services included in the CPI that change price relatively frequently. Because flexible prices are quick to change, it assumes that when these prices are set, they incorporate less of an expectation about future inflation. Evidence suggests that this flexible price measure is more responsive to changes in the current economic environment or the level of economic slack. 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 (https://doi.org/10.26509/frbc-ec-201002).