Observation:
Oct 2024: 0.30126 (+ more) Updated: Nov 13, 2024 12:01 PM CSTOct 2024: | 0.30126 | |
Sep 2024: | 0.32330 | |
Aug 2024: | 0.29346 | |
Jul 2024: | 0.26450 | |
Jun 2024: | 0.19700 | |
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Units:
Percent Change,Frequency:
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Source: Federal Reserve Bank of Atlanta
Release: Sticky Price CPI
Units: Percent Change, 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 [CORESTICKM157SFRBATL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/CORESTICKM157SFRBATL, .