January 19, 2006 (The Editor’s Desk is updated each business day.) CPI up 3.4 percent in 2005For the 12-month period ended in December 2005, the Consumer Price Index for All Urban Consumers (CPI-U) rose 3.4 percent. This compares with an increase of 3.3 percent in 2004. In 2005, the index for energy rose 17.1 percent, following a 16.6-percent increase in 2004, and accounted for about 40 percent of the overall advance in the CPI-U. The food index, which rose 2.7 percent in 2004, increased 2.3 percent in 2005. The index for food at home rose 1.7 percent in 2005, following a 2.4-percent increase in 2004. Smaller increases in the indexes for fruits and vegetables and for dairy products were largely responsible for the moderation. Excluding food and energy, the CPI-U advanced 2.2 percent for all of 2005, the same as in 2004. These data are from the BLS Consumer Price Index program. To learn more, see "Consumer Price Index: December 2005" (PDF) (TXT), news release USDL 06-84. 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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