The AIER Everyday Price Index saw its third largest increase in over a year in March 2024, shooting up 0.82 percent. That rise brings our proprietary inflation index to a […]
In February 2024, the AIER Everyday Price Index (EPI) rose 0.73 percent to 286.9. This rise was the largest percentage increase in the index since August 2023 and the eighth […]
“The January 2024 CPI report highlights the challenges of returning inflation to the Fed’s target range and suggests a bumpy road ahead.” ~Peter C. Earle
“The recent reduction in disinflationary pressures related to core goods, which had been a significant factor in easing price pressures in recent months, seems to have diminished.” ~Peter C. Earle
“While the likelihood of another rate hike in the final FOMC meeting of 2023 this week is low, the slowing rate of disinflation and stubbornly elevated prices suggest that speculation regarding the start of rate cuts is, at best, early.” ~Peter C. Earle
In September 2023 the AIER Everyday Price Index (EPI) rose 0.29 percent to 288.6. This is the fourth consecutive increase in the EPI, and this increase takes our index to […]
“Spots of price momentum in the September CPI support the Federal Reserve’s higher-for-longer mantra, and raise the possibility that even now policy rates are insufficiently restrictive.” ~Peter C. Earle
“Despite some improvements since the apparent peak 13 months ago, consumers and businesses are still contending with 31 months of above-trend rising prices.” ~ Peter C. Earle
In August 2023 the AIER Everyday Price Index (EPI) rose 0.87 percent, lifting the index from 285.2 to 287.7. This was the largest monthly percent increase since January 2023 (0.93 […]
“Ninety percent of the increase in the headline index was accounted for by increases in shelter costs, with additional contributions from motor vehicle insurance and food at home prices.” ~ Peter C. Earle