Wednesday, February 22, 2006

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[IWS] BLS: CONSUMER PRICE INDEX: JANUARY 2006 [22 February 2006]

IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
________________________________________________________________________

CONSUMER PRICE INDEX: JANUARY 2006 [22 February 2006]
http://www.bls.gov/news.release/cpi.nr0.htm
or
http://www.bls.gov/news.release/pdf/cpi.pdf
[full-text, 27 pages]

The Consumer Price Index for All Urban Consumers (CPI-U) increased
0.8 percent in January, before seasonal adjustment, the Bureau of Labor
Statistics of the U.S. Department of Labor reported today. The January
level of 198.3 (1982-84=100) was 4.0 percent higher than in January 2005.

The Consumer Price Index for Urban Wage Earners and Clerical Workers
(CPI-W) also increased 0.8 percent in January, prior to seasonal
adjustment. The January level of 194.0 (1982-84=100) was 4.1 percent
higher than in January 2005.

The Chained Consumer Price Index for All Urban Consumers (C-CPI-U)
increased 0.7 percent in January on a not seasonally adjusted basis. The
January level of 115.2 (December 1999=100) was 3.4 percent higher than in
January 2005. Please note that the indexes for the post-2004 period are
subject to revision. Previously published and revised data for 2004 and
2005 are shown on page 5.

CPI for All Urban Consumers (CPI-U)

On a seasonally adjusted basis, the CPI-U advanced 0.7 percent in
January, following declines in each of the previous two months. Energy
costs increased 5.0 percent in January, its first advance since September
and accounted for about 70 percent of the advance in the overall CPI-U.
Within energy, the index for petroleum-based energy increased 5.7 percent
and the index for energy services rose 4.2 percent. The food index rose
0.5 percent in January after increasing 0.1 percent in December. Increases
in fresh fruit and vegetable prices accounted for more than half of the
0.5 percent rise in the index for food at home. The index for all items
less food and energy increased 0.2 percent in January, following a 0.1
percent increase in December, reflecting upturns in the indexes for new
vehicles and for apparel.

AND MUCH MORE...including TABLES....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
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