Center for Economic Research and ForecastingConsumer Price Index Archives - Center for Economic Research and Forecasting

Deflation?

By Dan Hamilton
Tuesday May 25, 2010

Recent data releases show that Core inflation as measured by the Consumer Price Index, excluding food and energy, has been falling rapidly for 4 months now. This is despite recently strong real consumption growth and despite the overall Consumer Price Index holding steady, see chart nearby. Usually, at least in the past ten years, if… Read more