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[IWS] BLS: CONSUMER PRICE INDEX – AUGUST 2014 [17 September 2014]
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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
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CONSUMER PRICE INDEX – AUGUST 2014 [17 September 2014]
[full-text, 38 pages]
Supplemental Files Table of Contents
The Consumer Price Index for All Urban Consumers (CPI-U) decreased
0.2 percent in August on a seasonally adjusted basis, the U.S. Bureau
of Labor Statistics reported today. Over the last 12 months, the all
items index increased 1.7 percent before seasonal adjustment.
The seasonally adjusted decline in the all items index was the first
since April 2013. The indexes for food and shelter rose, but the
increases were more than offset by declines in energy indexes,
especially gasoline. The energy index fell 2.6 percent, with the
gasoline index declining 4.1 percent and the indexes for natural gas
and fuel oil also decreasing.
The index for all items less food and energy was unchanged in August;
this was the first month since October 2010 that the index did not
increase. While the shelter index increased and the indexes for new
vehicles and for alcoholic beverages also rose, these advances were
offset by declines in several indexes, including airline fares,
recreation, household furnishings and operations, apparel, and used
cars and trucks.
The all items index increased 1.7 percent over the last 12 months, a
decline from the 2.0 percent figure for the 12 months ending July, and
the smallest 12-month change since March. The index for all items less
food and energy also rose 1.7 percent over the last 12 months. The food
index has risen 2.7 percent over the span, while the energy index has
increased 0.4 percent.
AND MUCH MORE...including TABLES....
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