U.S. Consumer Price Index Barely Up in August
Sep 18, 2013
 Print this page

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1% in August on a seasonally adjusted basis, according to the U.S. Bureau of Labor Statistics.

In the last 12 months, the All Items index increased 1.5% before seasonal adjustment.

Increases in the indexes for shelter and medical care contributed to the increase in the seasonally adjusted All Items index. They also accounted for most of the 0.1% increase in the index for All Items Less Food and Energy.

Within All Items Less Food and Energy, the indexes for personal care, tobacco, and apparel rose as well, while
the indexes for airline fares, household furnishings and operations, and used cars and trucks declined.

The food index rose slightly in August. The energy index declined 0.3%, due mostly to a sharp decline in the index for natural gas. Gasoline and electricity indexes also declined slightly; fuel oil rose.

The All Items index increased 1.5% in the last 12 months.

The index for All Items Less Food and Energy is up 1.8% in
the last year. The 12-month change has been in the range of 1.6% to 2.3% since June of 2011.

The food index rose 1.4% in the last 12 months; that figure has held steady since May.

The energy index declined 0.1% in the last 12 months.

The Consumer Price Index (CPI) is a measure of the average change in prices over time of goods and services purchased by households.

Back to Breaking News