June 19, 2002 (The Editor’s Desk is updated each business day.) No change in consumer prices in MayOn a seasonally adjusted basis, the Consumer Price Index for all Urban Consumers (CPI-U) was unchanged in May, following a 0.5-percent increase in April. The energy index, which had advanced sharply in each of the preceding two months, declined 0.7 percent in May. The index for petroleum-based energy decreased 2.7 percent, while the index for energy services rose 1.1 percent. The May CPI-U level of 179.8 was 1.2 percent higher than its level in May 2001. These data are a product of the BLS Consumer Price Index program. Find out more in "Consumer Price Indexes, May 2002" (PDF) (TXT), news release USDL 02-344. |
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