No change in consumer prices in May
June 19, 2002
On a seasonally adjusted basis, the Consumer Price Index for all Urban Consumers (CPI-U) was unchanged in May, following a 0.5-percent increase in April.
The energy index, which had advanced sharply in each of the preceding two months, declined 0.7 percent in May. The index for petroleum-based energy decreased 2.7 percent, while the index for energy services rose 1.1 percent.
The food index fell 0.2 percent in May. The index for food at home declined 0.5 percent as five of the six grocery store food groups registered declines. Excluding food and energy, the CPI-U rose 0.2 percent in May after increasing 0.3 percent in April. A smaller increase in the index for shelter and a downturn in the index for tobacco and smoking products accounted for the more moderate increase in May.
The May CPI-U level of 179.8 was 1.2 percent higher than its level in May 2001.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, No change in consumer prices in May on the Internet at http://www.bls.gov/opub/ted/2002/jun/wk3/art03.htm (visited July 07, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
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.