CPI in August 2008
September 17, 2008
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent in August, following a 0.8-percent increase in July. The index for energy fell 3.1 percent in August after three consecutive sharp increases.
The food index advanced 0.6 percent in August after rising 0.9 percent in July. The index for food at home rose 0.8 percent in August after a 1.2-percent increase in July and is up 7.5 percent over the past year.
The index for all items less food and energy increased 0.2 percent in August after increasing 0.3 percent in July.
For the 12 months ended in August 2008, the CPI-U rose 5.4 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI in August 2008 on the Internet at http://www.bls.gov/opub/ted/2008/sept/wk3/art03.htm (visited May 06, 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.