Observation:
Jul 2024: 3.22053 (+ more) Updated: Aug 14, 2024 12:01 PM CDTJul 2024: | 3.22053 | |
Jun 2024: | 2.38976 | |
May 2024: | 2.21329 | |
Apr 2024: | 4.64385 | |
Mar 2024: | 5.17388 | |
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Units:
Percent Change at Annual Rate,Frequency:
MonthlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: Federal Reserve Bank of Atlanta
Release: Sticky Price CPI
Units: Percent Change at Annual Rate, 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 [CORESTICKM158SFRBATL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CORESTICKM158SFRBATL, .