Consumer Price Index
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in April on a seasonally adjusted basis the U.S. Bureau of Labor Statistics reported today. Increases in indices for shelter, energy, tobacco, and food all contributed to the monthly increase in the all items index. Many indices declined in April, including those for wireless phone services, medical care, motor vehicle insurance, apparel, used cars and trucks, recreation, and new vehicles.
The all items index rose 2.2 percent for the 12 months ending April. The index for all items less food and energy rose 1.9 percent over the last 12 months. The energy index rose 9.3 percent over the last year, while the food index increased 0.5 percent.