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The inflation rate: the movement or change in a price index, usually the consumer price index. CPI: The consumer price index measures movements in prices of a fixed basket of goods and services purchased by a "typical consumer".
PPIs: Producer price indices, which measures average changes in prices received by domestic producers for their output.
Commodity price indices, which measure the price of a selection of commodities. In the present commodity price indices are weighted by the relative importance of the components to the "all in" cost of an employee.
Core price indices: which removes the most volatile components (such as food and oil) from a broad price index like the CPI. Because core inflation is less affected by short run supply and demand conditions in specific markets, central banks rely on it to better measure the inflationary impact of current monetary policy.
GDP deflator is a measure of the price of all the goods and services included in gross domestic product (GDP). The US Commerce Department publishes a deflator series for US GDP, defined as its nominal GDP measure divided by its real GDP measure.
Regional inflation The Bureau of Labor Statistics breaks down CPI-U calculations down to different regions of the US.
Historical inflation Before collecting consistent econometric data became standard for governments, and for the purpose of comparing absolute, rather than relative standards of living, various economists have calculated imputed inflation figures. Most inflation data before the early 20th century is imputed based on the known costs of goods, rather than compiled at the time. It is also used to adjust for the differences in real standard of living for the presence of technology.
Asset price inflation is an undue increase in the prices of real or financial assets, such as stock (equity) and real estate.
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Method Item: Measure Inflation Uncertainty
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