February 22, 2007 (The Editor’s Desk is updated each business day.)
CPI in January
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) advanced 0.2 percent in
January 2007, following an increase of 0.4 percent in December 2006.
[Chart data—TXT]
Energy costs, which increased 4.2 percent in December, declined 1.5 percent in January. Within energy, the index for petroleum-based energy fell 3.1 percent, while the index for energy services rose 0.5 percent.
The food index rose 0.7 percent in January, its largest advance since a 0.8-percent increase in April 2005. The index for all items less food and energy advanced 0.3 percent in January, following a 0.1-percent rise in December; an increase in the index for medical care accounted for about 60 percent of the acceleration.
For the 12 months ended in January 2007, the CPI-U rose 2.1 percent, as shown in the chart.
These data are from the BLS Consumer Price Index program. To learn more, see
"Consumer Price Index: January 2007," (PDF)
(TXT)
news release USDL 07-0281.
Effective with this release, index levels are now published to three decimal places. Percent changes based on these three-decimal place indexes will continue to be published to one decimal place.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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Read more »