CPI for all items up 0.1% in February as shelter food increases outweigh energy decline #US Bureau of #Labor Statistics

Channel 1 Los Angeles

3/11/2020

In February, the Consumer Price Index for All Urban Consumers rose 0.1 percent on a seasonally adjusted basis; rising 2.3 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy rose 0.2 percent in February (SA); up 2.4 percent over the year (NSA).

CONSUMER PRICE INDEX – FEBRUARY 2020
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in February on a
seasonally adjusted basis, the same increase as in January, the U.S. Bureau of Labor Statistics reported
today. Over the last 12 months, the all items index increased 2.3 percent before seasonal adjustment.
Increases in the indexes for shelter and for food were the main causes of the increase in the seasonally
adjusted all items index, more than offsetting a decline in the energy index. The food index increased 0.4
percent over the month, with the food at home index rising 0.5 percent, its largest monthly increase since
May 2014. The index for energy fell 2.0 percent in February, with all of its major component indexes
declining.
The index for all items less food and energy rose 0.2 percent in February, the same increase as in
January. Along with the index for shelter, the indexes for apparel, personal care, used cars and trucks,
education, and medical care were among those that increased in February. The indexes for recreation
and airline fares declined over the month.
The all items index increased 2.3 percent for the 12 months ending February, a smaller increase than the
2.5-percent figure for the period ending January. The index for all items less food and energy rose 2.4
percent over the last 12 months. The food index rose 1.8 percent over the last 12 months, while the
energy index increased 2.8 percent over that period.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.