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AIER's Everyday Price Index fell 0.2 percent in February after posting a 0.3 percent increase in January. The Everyday Price index has been flat or down in six of the last nine months. The Everyday Price Index measures price changes people see in everyday purchases such as groceries, restaurant meals, gasoline, and utilities. It excludes prices of infrequently purchased, big-ticket items (such as cars, appliances, and furniture) and prices contractually fixed for prolonged periods (such as housing).
The Everyday Price Index including apparel, a broader measure that includes clothing and shoes, was