Npr.
This is the indicator from Planet Money.
I'm Waylon Wong.
And I'm Adrienne Ma.
As a nation, we have spent so much time collectively gnashing our teeth over grocery prices and the prices of other staples.
The cost of everyday items was a major talking point in the presidential election.
And the pain is real.
Grocery prices are 27% higher than before the pandemic.
And this is partly why One of President Trump's Day one executive orders was about emergency price relief to bring down the cost of living.
The order was short on specifics, but did mention food along with fuel, housing, medical care and other things.
The elevated prices of these essentials are at the heart of this disconnect we've seen between headline economic numbers and people's feelings about the economy.
So today on the show, we look at a different way to measure inflation that's designed to capture what a lot of people experience every day at the gas station, the doctor's office and the supermarket.
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