Observation:
Jul 2024: -0.45865 (+ more) Updated: Aug 14, 2024 12:01 PM CDTJul 2024: | -0.45865 | |
Jun 2024: | -0.36193 | |
May 2024: | 0.42580 | |
Apr 2024: | 0.60170 | |
Mar 2024: | 0.76116 | |
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Units:
Percent Change from Year Ago,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 from Year Ago, Seasonally Adjusted
Frequency: Monthly
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.
Federal Reserve Bank of Atlanta, Flexible Price Consumer Price Index [FLEXCPIM159SFRBATL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/FLEXCPIM159SFRBATL, .