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[IWS] BLS: CONSUMER PRICE INDEX - NOVEMBER 2014 [17 December 2014]
IWS Documented News Service
Institute for Workplace Studies-----------------Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
16 East 34th Street, 4th floor--------------------Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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CONSUMER PRICE INDEX - NOVEMBER 2014 [17 December 2014]
[full-text, 39 pages]
Supplemental Files Table of Contents
The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.3 percent
in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics
reported today. Over the last 12 months, the all items index increased
1.3 percent before seasonal adjustment.
The gasoline index posted its sharpest decline since December 2008 and was the
main cause of the decrease in the seasonally adjusted all items index. The
indexes for fuel oil and natural gas also declined, and the energy index fell
3.8 percent. The food index rose 0.2 percent with major grocery store food
The index for all items less food and energy increased 0.1 percent in November.
The shelter index rose 0.3 percent, and the indexes for medical care, airline
fares, and alcoholic beverages also rose. In contrast, the indexes for apparel,
used cars and trucks, recreation, household furnishings and operations,
personal care, and new vehicles all declined in November.
The all items index increased 1.3 percent over the last 12 months, a notable
decline from the 1.7 percent figure from the 12 months ending October. The
index for all items less food and energy has increased 1.7 percent over the
last 12 months, compared to 1.8 percent for the 12 months ending October. The
food index has risen 3.2 percent over the span. However, the energy index has
declined 4.8 percent over the past 12 months, with the gasoline and fuel oil
indexes both falling over 10 percent.
AND MUCH MORE...including TABLES....
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