Versus 2.4% for the CPI (in logs). Numerous folks suppose the federal government’s statistics understates the true inflation price. It was John Williamson at ShadowStats. Now it’s EJ Antoni at Heritage Basis (who touts the usage of Primerica’s on a regular basis worth index). However the American Institute for Financial Analysis’s “Everyday Price Index” (EPI) says in any other case (over the previous 12 months and a half).
Determine 1: CPI (blue), chained CPI (purple), HICP (purple), EPI (inexperienced), Truflation (mild blue), all not seasonally adjusted, and PCE deflator – market going through, seasonally adjusted (pink), all in logs 2023M03=0. Truflation index measured ultimately day of month. Supply: BLS, European Fee through FRED, Truflation, AIER.
AIER’s EPI tries to tabulate, prefer it says, each day bills, taking out costs of these items and companies which are postponable. Truflation faucets into huge information to provide excessive frequency estimates of the price of residing (documentation right here).
