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Production and SalesInflationFederal Reserve PolicyInterest RatesStock Prices

Inflation








Alternative Inflation Measures

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
The GDP deflator showed dramatic improvement in the past five quarters, but the employment cost index tends to change more slowly over time. The CPI accelerated in the third quarter, but remains tame by historical standards.






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

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