CPI

The producer price index calculates price inflation from businesses' point of view — think labor costs or raw materials prices.

Monthly inflation in November rose by the most in seven months, showing it's taking longer to tame inflation than expected.

Consumer inflation was pretty moderate in October, with prices overall rising 2.6% year-over-year. But car insurance bills have climbed by 14%—more than five times the rate of inflation overall.

While shelter costs are up from last year, according the consumer price index, other data shows rents have been falling in some metro areas.

Price growth has moderated. Wage growth hasn't, for the most part.

The September CPI showed inflation slowing to 2.4% annually, but consumer sentiment hasn't yet rebounded to pre-pandemic levels.

The CPI shows consistently higher inflation than the PCE because it emphasizes different prices. Their gap has been wider than usual.

The monthly inflation gauge, to be released Wednesday, could influence how much the central bank cuts rates next week.

The economy — and life —has changed a lot since.

Housing costs rose 5.2% in June from a year earlier, pulling up the consumer price index.