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“Bought on Behalf” vs. “Purchased by”: What Counts for Inflation?
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);
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https://www.stlouisfed.org/on-the-economy/2024/aug/bought-behalf-purchased-what-counts-inflation
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2024-08-27