Submitted by Econbrowser
What to make of the different measures of inflation being faced by consumers?
In Figure 1, I plot four measures: the standard CPI-U, the CPI research series, the chained CPI, and the personal consumption expenditure deflator.
Figure 1: 12 month inflation measured as CPI-U (blue), CPI research series (red), Chained CPI (green) and Personal Consumption […]





