Friday, May 15, 2009
Tweet[IWS] BLS: CONSUMER PRICE INDEX: APRIL 2009 [15 May 2009]
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: APRIL 2009 [15 May 2009]
http://www.bls.gov/news.release/cpi.nr0.htm
or
http://www.bls.gov/news.release/pdf/cpi.pdf
[full-text, 18 pages]
CPI for All Urban Consumers (CPI-U)
The Consumer Price Index for All Urban Consumers (CPI-U) increased
0.2 percent in April before seasonal adjustment, the Bureau of Labor
Statistics of the U.S. Department of Labor reported today. This index has
fallen 0.7 percent over the last 12 months, due primarily to a 25.2
percent drop in energy prices. The year-over-year declines in March and
April are the first since 1955.
On a seasonally adjusted basis, the CPI-U was unchanged in April
after declining 0.1 percent in March. The energy index declined for the
second straight month, falling 2.4 percent after declining 3.0 percent in
March. The indexes for motor fuel, fuel oil, natural gas, and electricity
all declined in April. The food index declined as well, falling 0.2
percent in April after a 0.1 percent decrease in March. The index for
food away from home increased, but the food at home index fell 0.6 percent
with none of the six major grocery store food groups posting an increase.
Over the past year, the food index has risen 3.3 percent while the energy
index has declined 25.2 percent.
Offsetting the declines in the food and energy indexes was a 0.3
percent increase in the index for all items less food and energy. Over 40
percent of the increase was due to a second consecutive large increase in
the tobacco index. The index rose 9.3 percent in April as an increase in
the federal excise tax on cigarettes went into effect. A larger increase
in the index for medical care, an increase in the index for new vehicles,
and an upturn in the lodging away from home index also contributed to the
April increase. The index for all items less food and energy has risen
1.9 percent over the past year.
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.
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
****************************************
_______________________________
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: APRIL 2009 [15 May 2009]
http://www.bls.gov/news.release/cpi.nr0.htm
or
http://www.bls.gov/news.release/pdf/cpi.pdf
[full-text, 18 pages]
CPI for All Urban Consumers (CPI-U)
The Consumer Price Index for All Urban Consumers (CPI-U) increased
0.2 percent in April before seasonal adjustment, the Bureau of Labor
Statistics of the U.S. Department of Labor reported today. This index has
fallen 0.7 percent over the last 12 months, due primarily to a 25.2
percent drop in energy prices. The year-over-year declines in March and
April are the first since 1955.
On a seasonally adjusted basis, the CPI-U was unchanged in April
after declining 0.1 percent in March. The energy index declined for the
second straight month, falling 2.4 percent after declining 3.0 percent in
March. The indexes for motor fuel, fuel oil, natural gas, and electricity
all declined in April. The food index declined as well, falling 0.2
percent in April after a 0.1 percent decrease in March. The index for
food away from home increased, but the food at home index fell 0.6 percent
with none of the six major grocery store food groups posting an increase.
Over the past year, the food index has risen 3.3 percent while the energy
index has declined 25.2 percent.
Offsetting the declines in the food and energy indexes was a 0.3
percent increase in the index for all items less food and energy. Over 40
percent of the increase was due to a second consecutive large increase in
the tobacco index. The index rose 9.3 percent in April as an increase in
the federal excise tax on cigarettes went into effect. A larger increase
in the index for medical care, an increase in the index for new vehicles,
and an upturn in the lodging away from home index also contributed to the
April increase. The index for all items less food and energy has risen
1.9 percent over the past year.
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.
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
****************************************
# posted by SBasefsky : 8:40 AM
