The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
Meet ALICE. It's an alternative inflation metric, designed to measure the effects on price movements on economically stressed households better than more traditional models like CPI.
The consumer price index, or CPI, measures how quickly prices rise or fall for a basket of goods ... the cost of housing," he said. "That's now definitively slowing." Zandi estimates inflation ...