“Bought on Behalf” vs. “Purchased by”: What Counts for Inflation?
Bill Dupor and
Marie Hogan
On the Economy from Federal Reserve Bank of St. Louis
Abstract:
Goods and services bought on behalf of consumers, such as health care, are weighted differently in the consumer price index and the personal consumption expenditures price index.
Keywords: inflation; Consumer Price Index (CPI); Personal Consumption Expenditures Price Index (PCEPI) (search for similar items in EconPapers)
Date: 2024-08-27
New Economics Papers: this item is included in nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:98716
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