Inflation Project

The Atlanta Fed's sticky-price consumer price index (CPI)—a weighted basket of items that change price relatively slowly—increased 4.3 percent (on an annualized basis) in October, following a 5.5 percent increase in September. On a year-over-year basis, the series is up 4.9 percent. 

On a core basis (excluding food and energy), the sticky-price index increased 4.3 percent (annualized) in October, and its 12-month percent change was 4.9 percent.  

The flexible cut of the CPI—a weighted basket of items that change price relatively frequently—decreased 8.0 percent (annualized) in October and is down 0.3 percent on a year-over-year basis.