The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in October on a seasonally adjusted basis the U.S. Bureau of Labor Statistics reports. The food index rose 0.1 percent in October. The energy index advanced 0.3 percent in October. The index for all items less food and energy rose 0.2 percent. Advances in the indices for shelter and medical care were the largest contributors to the increase.
The all items index rose 0.2 percent over the last 12 months. The food index has increased 1.6 percent over the past year, and the index for all items less food and energy has risen 1.9 percent. These advances have been mostly offset by a 17.1 percent decline in the energy index.