CPI-U

CPI up 0.5% for July 2011

The July Consumer Price Index increased 0.5% from last month and half of it is gas, which increased 4.7% in a month. Core CPI, or price increases minus food and energy costs, rose 0.2%. Core CPI is a Federal Reserve inflation watch number. For the year, not seasonally adjusted, the Consumer Price Index for all Urban Consumers (CPI-U) has risen 3.6%. In May CPI dropped by -0.2%.

 

CPI for May 2011

The Consumer Price Index for May 2011 increased 0.2% from last month, but core CPI rose 0.3%, the largest jump since July 2008. Core CPI removes food and energy cost increases and is the number the Federal Reserve watches for inflation. For the year, not seasonally adjusted, the Consumer Price Index for all Urban Consumers (CPI-U) has risen 3.6%. The March CPI monthly increase was 0.4%.

 

CPI for December 2010

The Consumer Price Index for December 2010 increased 0.5% from last month. For the year, the Consumer Price Index for all Urban Consumers (CPI-U) has risen 1.5%. Gas alone increased 8.5% from November. Core CPI, or all items less food and energy, also increased, 0.1%, the same increase as last month. For the year, core CPI, or minus food and energy, is off it's record lows, now at 0.8%.

 

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