Consumer Price Index
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in December on a seasonally adjusted basis the U.S. Bureau of Labor Statistics reported today. An increase of 0.4 percent in the shelter index accounted for almost 80 percent of the one-month all items increase. The food index rose in December, as did the indices for food at home and food away from home.
The all items index rose 2.1 percent for the 12 months ending December, compared to 2.2 percent for the 12 months ending November. The index for all items less food and energy increased 1.8 percent over the last year; the 12-month change has now been either 1.7 or 1.8 percent for eight consecutive months.