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Core CPI : Excluding Food, Energy . . . and Used Cars?, Volume 2, Issue 4

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Core CPI : Excluding Food, Energy . . . and Used Cars?, Volume 2, Issue 4

DATE: April 1996

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ABSTRACT: Although used car prices represent only a small portion of the consumer price index, their extreme volatility has had a major impact on the measured inflation rate. To explain this relationship, the authors describe how used cars are treated in the CPI and explore what might cause the wide swings in used car prices.

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Federal Reserve Bank of New York. Research and Statistics Group. "Core CPI : Excluding Food, Energy . . . and Used Cars?, Volume 2, Issue 4," Current Issues in Economics and Finance (April 1996). https://fraser.stlouisfed.org/title/6879/item/627861, accessed on March 28, 2023.

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