Consumer prices in April 2008
May 15, 2008
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) advanced 0.2 percent in April, following a 0.3-percent increase in March.
The index for energy was virtually unchanged after advancing 1.9 percent in March. In April, the index for petroleum-based energy fell 1.6 percent, offsetting a 2.5-percent increase in the index for energy services.
The food index rose 0.9 percent in April. The index for food at home increased 1.5 percent, reflecting substantial increases in all six major grocery store food groups.
The index for all items less food and energy advanced 0.1 percent in April, following a 0.2-percent rise in March. Downturns in the indexes for public transportation, for household furnishings and operations, and for recreation, coupled with a larger decline in the index for lodging away from home, more than offset an upturn in the index for apparel.
For the 12 months ended in April 2008, the CPI-U rose 3.9 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices in April 2008 on the Internet at http://www.bls.gov/opub/ted/2008/may/wk2/art04.htm (visited October 26, 2016).
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