Long Term Perspective

After removing volatile food and energy prices, the PPI is rising more slowly than the CPI on a year-over-year basis. One factor to keep in mind is that the CPI primarily consists of services, which have accelerated in the past two quarters, while the PPI consists of goods only.

Short Term Perspective

Excluding the volatile components, the PPI has moderated in September and October, but the CPI remains in its same path.

PPI: Intermediate vs. Crude Materials   •   Excluding Food & Energy Prices: Intermediate vs. Crude   •   CPI vs. PPI - Finished Goods

Excluding Food & Energy Prices : CPI vs. PPI   •   Employment Cost Index vs. Wages & Salaries   •   Alternative Inflation Measures