Despite the CPI coming in unexpectedly low, the Federal Reserve needs more convincing that inflation is really getting better.

Consumers tend to be very sensitive to food costs. Fresh edibles like fruit, vegetables and meat saw substantial declines.

Loans are a big cost, but they would muddle the data in the CPI. Fed rate hikes would essentially create inflation, despite their intention.

CPI and PCE can both seem to be out of step with consumers’ experience.

The Energy Information Association expects electricity demand to rise by 4% this summer, anticipating that it’ll be even hotter than last year.

The Labor Department reported that the price of imported goods rose 0.3% in February compared to 0.8% the month before.

The CPI rose 3.1% in January compared to a year ago.

Despite inflation, people still buy as much food, medicine, gasoline — even coffee.

To make the CPI’s health care component more accurate, the Bureau of Labor Statistics changed how it uses health insurance data.

The consumer price index and the personal consumption expenditures price index measure the changing cost of different baskets of goods.