The U.S. Bureau of Labor Statistics released Consumer Price Index figures for All Urban Consumers (CPI-U).
CPI “increased 0.6% on a seasonally adjusted basis in September after rising 0.4% in August. … Over the last 12 months, the All Items Index increased 3.7% before seasonal adjustment,” BLS stated in a press release.
The release continued:
“The index for gasoline rose 9.1% in September, accounting for over half of the monthly All Items increase. The Energy Index increased 5.2% over the month following a 2.1% increase in August.
“The index for all items less food and energy rose 0.3% in September, as it did in August. Indexes that increased over the month include recreation, used cars and trucks, education, airline fares, medical care and apparel. Conversely, the index for communication was among the small number of major indexes that decreased in September.
“The All Items Index rose 3.7% for the 12 months ending September, a larger increase than the 3.4% increase reported for the 12 months ending in August. The all items less food and energy index rose 2.6% over the year, following a 2.4% increase over the 12 months ending August. The Energy Index increased 20.4% for the 12 months ending September. The Food Index increased 2.5% over the last year.”
