January 2014
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in December on a seasonally adjusted basis. Over the last year, the All Items index increased 1.5 percent before seasonal adjustment. The Energy index saw a 2.1 percent increase, while the Shelter index rose 0.2 percent in December. The indexes for Apparel, Tobacco, and Personal Care increased as well. These increases more than offset declines in the indices for Airline Fares, for Recreation, for Household Furnishings and Operations, and for Used Cars and Trucks, resulting in the index for All Items Less Food and Energy rising 0.1 percent. The Food index rose slightly in December, increasing 0.1 percent. The All Items index increased 1.5 percent over the last 12 months. The Index for All Items Less Food and Energy has risen 1.7 percent over the last 12 months, the same figure as for the 12-month changes ending September, October, and November.