Sticky Price CPI Rose 3.5 Percent in September

While the CPI Index fell 0.2% for the month of September and was flat for the year, almost entirely because of falling energy prices, the Sticky Price Index tells a different story.

The Sticky sorts the components of the consumer price index (CPI) and takes into account only  sticky (slow to change) categories based on the frequency of their price adjustment. That index shows an annualized price inflation rate of 3.5%.

 

The CPI-W was pushed down mainly because of a fall in gasoline costs. However, seniors tend to drive less and not save as much because of cheaper gas.

What is important for seniors is food costs and those climbed throughout the period at a rate of 1.57%.