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Inflation: Measuring Price Changes

Inflation: Measuring Price Changes
Updated November 30, 2012

Download a PowerPoint slide (295 kb) or a PDF (979 kb).

This DataPost tutorial looks at the Fed’s key measure of inflation - the Personal Consumption Expenditures Price Index - including how it relates to the concepts of “core” and “total” inflation in the U.S. economy.

Learn more about the economy and the Fed by visiting these FRBSF resources:

• Speeches by John C. Williams, President and CEO, Federal Reserve Bank of San Francisco
• Economics in Person video series
• FRBSF economists state their views on the current economy
• Short papers by FRBSF economists
• A guided overview of the roles and responsibilities of the Fed
• A web page devoted to the recent financial crisis and what the Fed did to respond