Consumer prices up 0.2 percent in January

February 21, 2002

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in January, following a 0.1-percent decline in December.

Percent change from 12 months ago, Consumer Price Index for All Urban Consumers, not seasonally adjusted, January 1993-January 2002
[Chart data—TXT]

The energy index, which declined sharply in each of the preceding three months, advanced 0.9 percent in January. The index for petroleum-based energy increased 2.5 percent, while the index for energy services fell 0.4 percent. The food index, which was unchanged in December, rose 0.3 percent in January, reflecting an upturn in prices for fruits and vegetables.

Excluding food and energy, the CPI-U rose 0.2 percent in January after increasing 0.1 percent in December. Upturns in the indexes for tobacco and smoking products and for recreation, coupled with a larger increase in the index for medical care, accounted for the larger advance in January.

For the 12-month period ended in January, the CPI-U increased 1.1 percent.

These data are a product of the BLS Consumer Price Index program. Find out more in "Consumer Price Indexes, January 2002", news release USDL 02-95.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up 0.2 percent in January on the Internet at http://www.bls.gov/opub/ted/2002/feb/wk3/art03.htm (visited June 30, 2016).

OF INTEREST

Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • Employment and Wages in Healthcare Occupations
    Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.

  • Fifty years of looking at changes in peoples lives
    Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.