Long Term Perspective

The GDP deflator is the broadest measure of price inflation faced by consumers and producers, yet it gets less attention than the CPI or the employment cost index.

Short Term Perspective

Energy prices pushed up all inflation indices in 1999 and early 2000. The employment cost index remained steady during the three quarters of 2000, but the GDP deflator has drifted higher.

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