CPI falls in November
December 17, 2003
On a seasonally adjusted basis, the Consumer Price Index for all Urban Consumers (CPI-U), which was unchanged in October, declined 0.2 percent in November.
Energy costs declined 3.0 percent, following a 3.9-percent drop in October. Within energy, the index for petroleum-based energy declined 4.4 percent and the index for energy services fell 1.4 percent.
The index for food rose 0.4 percent with the index for food at home up 0.7 percent. A 3.2-percent increase in the index for meats, poultry, fish, and eggs, reflecting a sharp rise in beef prices, accounted for the advance in grocery store food prices.
The index for all items less food and energy declined 0.1 percent in November, following a 0.2-percent increase in October. Downturns in the indexes for apparel, for household furnishings and operations, and for public transportation, coupled with a moderation of the rise in the index for shelter, were responsible for the deceleration between October and November.
For the 12-month period ended in November, the CPI-U increased 1.8 percent (as shown in the chart).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI falls in November on the Internet at http://www.bls.gov/opub/ted/2003/dec/wk3/art03.htm (visited October 01, 2016).
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.