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, both the CPI and the PPI appear to have stabilized on a year-over-year basis in the past six months, although the PPI slowed more sharply than the CPI in October.

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