Food at home in CPI release price:
Figure 1: Figure 1. Bold Black, ERS January prediction (Blue Square), ERS February prediction (red triangle), arima (1,0) prediction 2021m01-2025M02 (chartreuse line), all SA sources: BLS, ERS and author calculations.
As a result, I wondered how the price of “general folklore” is generally going on. We know that the CPI is “pluto size” that shows the weight of furniture in the 67th percentile. In addition to the CPI’s home and shelter components, the american Institute for Economic Research (AIER) “Everyday FRICE INDEX” or EPI is normalized with 2024m11 = 0.
Figure 2: Figure 2. CPI All Urban (BOLD BLACK), CPI FOOD-AT-HOME (TAN), CPI Shelter (Green), Aier Everyday FRICE Index (RED), Log 2024m11 = 0.
