Tuesday 17 December 2013

US CPI on seasonally adjusted basis unchanged in November

Consumer Price Index - November 2013

 The Consumer Price Index for All Urban Consumers (CPI-U) was
 unchanged in November on a seasonally adjusted basis, the U.S. Bureau
 of Labor Statistics reported today. Over the last 12 months, the all
 items index increased 1.2 percent before seasonal adjustment.
 
 The energy index declined in November, offsetting increases in other
 indexes to result in the seasonally adjusted all items index being
 unchanged. The indexes for gasoline and for natural gas fell
 significantly, more than offsetting increases in the electricity and
 fuel oil indexes. The food index rose slightly in November, with the
 food at home index unchanged.
 
 The index for all items less food and energy rose 0.2 percent in
 November. Increases in the indexes for shelter and airline fares
 accounted for most of the increase, with the indexes for recreation
 and for used cars and trucks also rising. The indexes for apparel,
 for household furnishings and operations, and for new vehicles all
 declined in November.
 
 The all items index increased 1.2 percent over the last 12 months, a
 larger increase than the 1.0 percent rise for the 12 months ending
 October. The 12-month increase in the index for all items less food
 and energy remained at 1.7 percent for the third month in a row. The
 food index increased 1.2 percent over the last 12 months, while the
 energy index declined 2.4 percent

  Source:U.S. Bureau of Labor Statistics

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