December 2016
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in December on a seasonally adjusted basis the U.S. Bureau of Labor Statistics has reported. Continuing their recent trends, the shelter and gasoline indices increased in December and were largely responsible for the seasonally adjusted all items increase. The indices for apparel and communication declined in December.
The all items index rose 2.1 percent for the 12 months ending December. The index for all items less food and energy rose 2.2 percent for the 12 months ending December, and the energy index increased 5.4 percent. In contrast, the food index declined 0.2 percent over the last 12 months.
