Consumer Price Index
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in December on a seasonally adjusted basis the U.S. Bureau of Labor Statistics has reported. The shelter and gasoline indices increased in December, while the indices for apparel and communication declined in December.
The all items index rose 2.1 percent for the 12 months ending December. The index for all items less food and energy rose 2.2 percent, and the energy index increased 5.4 percent. In contrast, the food index declined 0.2 percent over the last 12 months.