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Inflation and Relative Price Changes Since the Onset of the Pandemic, No. 24-09

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Inflation and Relative Price Changes Since the Onset of the Pandemic, No. 24-09

DATE: March 2024

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This article has two purposes. First, in the wake of the January PCE report, it provides an update on how inflation has behaved vis-a-vis the share of relative price increases, following up on my article from last spring and my Macro Minute blog post. Second, it provides some perspective on how the distribution of relative price changes has behaved since the onset of the pandemic, in comparison to the prior four-year period.

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Federal Reserve Bank of Richmond. "Inflation and Relative Price Changes Since the Onset of the Pandemic, No. 24-09" in Economic Brief (March 2024). https://fraser.stlouisfed.org/title/6034/item/663275, accessed on November 23, 2024.

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