I N F L A T I O N - UPDATED THROUGH February 2024 | REGIONAL

PowerPoint Presentation F E D E R A L R E S E R V E B A N K o f N E W Y O R K | E C O N O M I C R E S E A R C H I N F L A T I O N UPDATED THROUGH February 2024 | REGIONAL Raji Chakrabarti, Kasey Chatterji-Len, and Maxim Pinkovskiy E Q U I T A B L E G R O W T H I N D I C A T O R S | I n f l a t i o n | R e g i o n a l Takeaways | Inflation Inflation over the past year has been higher in the rest. [...] o r g / e g i 3 E Q U I T A B L E G R O W T H I N D I C A T O R S | I n f l a t i o n | R e g i o n a l Data & Methods Data on inflation by demographic groups are not produced by the Bureau of Labor Statistics. [...] o r g / e g i 4 E Q U I T A B L E G R O W T H I N D I C A T O R S | I n f l a t i o n | R e g i o n a l Inflation by Sector 12-Month CPI Inflation (%), by Sector 20 15 10 5 0 -5 -10 Headline Food Transportation Housing Sources: CPI via Haver Analytics; authors’ calculations. [...] o r g / e g i 6Demographic - Overall Inflation Rate Jan-19 May-19 Sep-19 Jan-20 May-20 Sep-20 Jan-21 May-21 Sep-21 Jan-22 May-22 Sep-22 Jan-23 May-23 Sep-23 Jan-24 E Q U I T A B L E G R O W T H I N D I C A T O R S | I n f l a t i o n | R e g i o n a l Demographic Inflation by Income Percent share of expenses 60 Demographic inflation rates (percentage points) 0.6 0.4 50 0.2 40 0.0 -0.2 30 -0.4 -0.6. [...] o r g / e g i 7Demographic - Overall Inflation Rate Jan-19 May-19 Sep-19 Jan-20 May-20 Sep-20 Jan-21 May-21 Sep-21 Jan-22 May-22 Sep-22 Jan-23 May-23 Sep-23 Jan-24 E Q U I T A B L E G R O W T H I N D I C A T O R S | I n f l a t i o n | R e g i o n a l Demographic Inflation by Education Percent share of expenses Demographic inflation rates (percentage points) 60 1.5 50 1.0 40 0.5 30 0.0 20 -0.5 10.