The Consumer Price Index for All Urban Consumers (CPI-U) decreased
0.1 percent in October on a seasonally adjusted basis, the U.S.
Bureau of Labor Statistics reported today. Over the last 12 months,
the all items index increased 3.5 percent before seasonal adjustment.
A decline in the energy index more than offset small increases in the
indexes for food and all items less food and energy to create the all
items decline. The energy index turned down in October after
increasing in each of the three previous months as the gasoline and
household energy indexes declined after a series of seasonally
adjusted increases. The food index rose in October, but posted its
smallest increase of the year as the fruits and vegetables index
declined sharply.
The index for all items less food and energy increased 0.1 percent in
October; this was the same increase as last month and matches its
smallest increase of the year. While the shelter and medical care
indexes accelerated in October and the apparel index turned up, the
indexes for new vehicles, used cars and trucks, airline fare, and
recreation all declined.
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