Source: Federal Reserve Bank of Atlanta
Release: Sticky Price CPI
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. For further information about Sticky Price CPI, go to http://www.clevelandfed.org/Research/commentary/2010/2010-2.cfm.
Federal Reserve Bank of Atlanta, Sticky Price Consumer Price Index less Shelter [STICKCPIXSHLTRM158SFRBATL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/STICKCPIXSHLTRM158SFRBATL, January 19, 2021.