The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3 percent in November on a seasonally adjusted basis, after rising 0.4 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.1 percent before seasonal adjustment.
Increases in the shelter and energy indices were major factors in the seasonally adjusted monthly increase of the all items index. Increases in the indices for medical care, for recreation, and for food also contributed to the overall increase.
The all items index increased 2.1 percent for the 12 months ending November, a larger rise than the 1.8-percent increase for the period ending October.