Sticky CPI Inflation Decelerated to 1.5 Percent

The Atlanta Fed’s sticky price consumer price index (CPI) measure–the weighted basket of goods consumers purchase that change prices relatively infrequently–rose 1.5 percent (annualized) in December, following 2.1 percent growth in November. The 12-month change in the index was 2.1 percent, the smallest year-over-year increase since February 2012.

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