AIER's Everyday Price Index Gains Marginally In December 2024

2025-01-23 01:20:00 ET

Summary

• The price of energy, entertainment, and rent continued to rise.
• Food prices were down slightly following November’s increase; signs point to stabilization.
• Despite the nuances, the softer core CPI reading in December keeps the disinflation narrative alive.

By Peter C. Earle

The American Institute for Economic Research's Everyday Price Index ((EPI)), calculated and published monthly, rose 0.12 percent to 288.3 in December 2024. This is the first rise in the index after five consecutive months of declines beginning in July 2024. For the year ending in December, the EPI rose 1.8 percent....

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