Consumer Price Index
The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in January on a seasonally adjusted basis the U.S. Bureau of Labor Statistics reported. An increase in the index for all items less food and energy offset a decline in the energy index, which fell 2.8 percent as all of its major component indices declined. The index for all items less food and energy rose 0.3 percent in January.
The all items index rose 1.4 percent over the last 12 months, compared to the 0.7 percent 12-month increase for the period ending December.