Atlanta Fed's sticky price CPI—headline and core—decelerated

Growth in the sticky price CPI measure—the weighted basket of goods consumers purchase that change prices relatively infrequently—rose 1 percent (annualized) in June. The 12-month index rose 1.4 percent, below the longer-term trend for the series.

The sticky price index increased 0.8 percent (annualized) on a core basis (excluding food and energy), and the 12-month index rose 1.3 percent, an acceleration since mid-year 2010.

The flexible cut of the CPI—a weighted basket of goods that change price relatively frequently—declined at a 11.4 percent annual rate, and was up 8.6 percent from year-earlier levels. Excluding food and energy, flexible CPI rose 15.5 percent (annual rate) and was up 3.4 percent from year-earlier levels.

Categories: consumer prices