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As temperatures soared in June, so did Americans’ electric bills. Costlier household utilities drove the prices of frequently purchased items to their highest point in ten months, according to AIER’s Everyday Price Index.
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Warmer weather in May brought an increase in the prices of frequently purchased goods and services. AIER’s Everyday Price Index rose 0.3 percent after falling 0.8 percent in April. The Consumer Price Index, the government’s broader measure of prices, climbed 0.1 percent last month on a seasonally adjusted basis. (See Charts 1 and 2 for long-term and month-by-month…
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Inflation Report April, 2013 by Steven R. Cunningham and Julie Ni Zhu A surge in everyday prices is one of many signs. Wholesale prices and long-bond yields are also trending upward. And the money supply is ballooning.
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Inflation Report featuring the Everyday Price Index (EPI) Vol. I no. 2 | March, 2013 by Jule Ni Zhu
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Everyday Price Index November 21, 2012 Thanks to falling prices for household fuels, gasoline, and recreation, the EPI ticked downward last month. But that’s not enough to reverse the climb of everyday prices over the last 12 months. by Julie Ni Zhu, Research Analyst, and Sarah Todd, Editor
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Everyday Price Index October 22, 2012 On an annualized basis, the prices of frequently purchased goods rose nearly 13 percent last month. by Julie Ni Zhu, Research Analyst, and Sarah Todd, Editor
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To uncover these trends, we extended the EPI series to 1987. One of the challenges with comparing price levels over longer periods is that people change their buying behavior over time. The Bureau of Labor Statistics periodically uses a survey to capture these changes. In common terms, the economists at the bureau ask people what…
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Research Reports – 1980, Issue: 09 Also: Watching the Right Signals