U.S. Inflation Inequality between 2010 and 2023

YiLi Chien, Shih-Yang Lin and Yi-Chan Tsai

Review, 2026, vol. 108, issue 2, 22 pages

Abstract: Following the literature that uses data from the Consumer Expenditure Survey and the consumer price index, this article examines U.S. households’ inflation experiences during the recent period from 2010 to 2023. We construct group-specific market baskets to reflect diverse spending patterns and identify key differences in inflation. Our main finding is that, although average inflation was higher and more volatile during this period, inflation inequality remained stable or even declined compared with the earlier period. Nevertheless, despite the overall similarity in households’ inflation experiences, the underlying drivers of inflation—by consumption category and specific subcategory—can differ significantly.

JEL-codes: C43 D12 E31 (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.stlouisfed.org/publications/review/202 ... etween-2010-and-2023 Landing page (text/html)
https://www.stlouisfed.org/-/media/project/frbstl/ ... en-2010-and-2023.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlrv:102926

DOI: 10.20955/r.2026.02

Access Statistics for this article

Review is currently edited by Juan M. Sanchez

More articles in Review from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().