CPI in August 2007
September 20, 2007
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in August, the first decline since a 0.4-percent decrease in October 2006.
The index for energy declined for the third consecutive month, down 3.2 percent in August. The index for petroleum-based energy decreased 4.6 percent. The index for energy services fell 1.3 percent, resulting from a 4.2-percent decline in the index for natural gas.
The food index rose 0.4 percent in August. The index for food at home also rose 0.4 percent, reflecting another large increase in the index for dairy products.
The index for all items less food and energy advanced 0.2 percent in August, the same as in July.
For the 12 months ended in August 2007, the CPI-U rose 2.0 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI in August 2007 on the Internet at http://www.bls.gov/opub/ted/2007/sept/wk3/art04.htm (visited December 18, 2014).
Three recent editions of Spotlight on Statistics
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.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.