By Robert Hughes
AIER's Everyday Price Index rose 0.4 percent in February after posting four consecutive declines between October 2018 and January 2019. 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, increased 0.5 percent in February after three consecutive declines, including a pair of 1.2