November 22, 2011 (The Editor’s Desk is updated each business day.)
CPI up 3.5 percent from October 2010 to October 2011
Over the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 3.5 percent before seasonal adjustment.
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The 12-month change in the index for all items less food and energy edged up from 2.0 percent in September to 2.1 percent in October. Indexes with larger 12-month increases include airline fares (9.6 percent), used cars and trucks (5.2 percent), education (4.7 percent), apparel (4.2 percent), new vehicles (3.4 percent), and medical care (3.1 percent). Indexes with smaller increases include shelter (1.8 percent) and recreation (0.3 percent), while the communication index declined (-1.8 percent).
From October 2010 to October 2011, the food index rose 4.7 percent, with the food at home index up 6.2 percent. Over the past 12 months, all six major groups were up between 4.9 percent (nonalcoholic beverages) and 9.0 percent (dairy and related products). The index for food away from home rose 2.7 percent.
Over the past 12 months, the gasoline index increased 23.5 percent. The household energy index rose 3.1 percent over the last 12 months, with the fuel oil index up 26.8 percent and the electricity index up 2.9 percent. The index for natural gas declined 2.2 percent.
These data come from the BLS Consumer Price Index program. To learn more, see "Consumer Price Index — October 2011" (HTML) (PDF), news release USDL-11-1644.
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