Board of Governors of the Federal Reserve System

104.2 106.2 107.5 106.5 105.2 103.3 105.2 General business supplies 7.08...106.2 107.0 105.9 104.4 Basic metals 2.74 101.5 100.2 97.0 98.9 98.8 96.2

2, 3 1.35 3.22 4.97 5.26 5.02 4.94 4.76 4.78 4.72 4.75 4.74 4.73 2 Discount...2, 4 2.34 4.19 5.96 6.25 6.01 5.53 5.24 5.25 5.25 5.25 5.25 5.25 Commercial

81.2 81.2 81.2 79.4 83.2 89.1 89.3 88.0 83.3 Other nonmetallic mineral...84.2 80.4 83.9 Metalworking machinery 3335 .43 85.1 85.2 86.2 86.7 88.2

147.2 147.5 Natural gas liquids 21113pt. 1.06 190.2 196.3 195.2 199.2 ...80.2 80.2 78.6 77.2 75.9 73.9 80.0 80.5 79.8 78.1 75.8 73.8 Drilling oil

2. Methodology We provide common inflation measures for Canada, the Euro...DFM2 can be summarized as $$$$ \pi_{it} = \chi_{it} + \xi_{it} $$$$ $$

106.2 95.2 97.5 104.2 Clothing .17 60.8 61.9 57.9 41.9 49.4 54.7 60.1 ...2.94 90.2 90.2 87.4 72.4 77.2 80.8 88.3 90.0 87.6 71.5 78.2 82.8 Other

2.58 84.2 85.4 86.2 86.1 85.8 86.5 83.8 87.9 89.3 89.2 89.0 86.4 Aviation...106.2 105.4 108.2 102.5 105.2 106.4 Paint and coating 32551 .36 98.8 97.2

2.51 112.0 112.9 114.0 114.2 113.9 115.2 113.2 114.2 114.8 115.6 116.3...93.2 95.2 90.3 90.2 94.1 92.4 92.6 94.2 Miscellaneous materials 5.04 85.2

Hannon2 Securities-based loans are loans for personal use that are backed...2.7 percent of total outstanding consumer credit.9 In the remainder of

2% per year. After 5 years, how much do you think you would have in the...2% per year. After 1 year, how much would you be able to buy with the