Consumer prices down 0.3 percent in October
November 19, 2001
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.3 percent in October, after increasing 0.4 percent in September.
The energy index, which rose 2.6 percent in September, fell 6.3 percent in October. The index for petroleum-based energy declined 10.2 percent and the index for energy services fell 2.5 percent. The food index rose 0.5 percent in October, following a 0.2-percent rise in September. Excluding food and energy, the CPI-U rose 0.2 percent for the fourth consecutive month.
During the first 10 months of 2001, the CPI-U rose at a 2.1 percent seasonally adjusted annual rate (SAAR). This compares with an increase of 3.4 percent for all of 2000.
For the 12-month period ended in October, the CPI-U increased 2.1 percent.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices down 0.3 percent in October on the Internet at http://www.bls.gov/opub/ted/2001/nov/wk3/art01.htm (visited March 29, 2015).
Three recent editions of Spotlight on Statistics
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.