March 20, 2000 (The Editor’s Desk is updated each business day.) Consumer prices last monthOn a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent in February, following increases of 0.2 percent in each of the preceding four months. For the 12-month period ended in February, the unadjusted CPI-U increased 3.2 percent.
The food index, which declined 0.1 percent in January, increased 0.4 percent in February, reflecting in part a sharp jump in meat prices. The energy index rose 4.6 percent, its largest advance since a 6.0 percent rise in April 1999. The index for petroleum-based energy increased 8.0 percent and the index for energy services rose 1.1 percent. Excluding food and energy, the CPI-U rose 0.2 percent in February, the same as in January. These data are a product of the BLS Consumer Price Index program. Happy 10th Birthday, TED!The very first issue of The Editor's Desk (TED) was posted on September 28, 1998. TED was the first online-only publication of the Bureau of Labor Statistics. For 10 years, BLS has been committed to posting a new TED article each business day, for a total of over 2,400 articles so far. |
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