CPI in April
May 17, 2004
On a seasonally adjusted basis, the Consumer Price Index for all Urban Consumers (CPI-U) rose 0.2 percent in April, following a 0.5 percent increase in March.
Energy costs, which advanced sharply in each of the first three months of the year, increased 0.1 percent in April. Within energy, the index for energy services increased 0.5 percent, while the index for petroleum-based energy decreased 0.3 percent.
The index for food rose 0.2 percent in April, the same as in each of the preceding two months. The index for all items less food and energy, which increased 0.4 percent in March, advanced 0.3 percent in April.
During the first four months of 2004, the CPI-U rose at a 4.4 percent seasonally adjusted annual rate (SAAR). This compares with an increase of 1.9 percent for all of 2003. The index for energy, which increased 6.9 percent in 2003, increased at a 28.3 percent SAAR in the first four months of 2004.
For the 12-month period ended in April, the CPI-U rose 2.3 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, CPI in April on the Internet at http://www.bls.gov/opub/ted/2004/may/wk3/art01.htm (visited April 21, 2014).
Spotlight on Statistics: Productivity
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »