CPI up 2.9 percent from February 2011 to February 2012

March 19, 2012

Over the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 2.9 percent before seasonal adjustment.

Percent change for 12 months ended February 2012, Consumer Price Index for All Urban Consumers, selected components, not seasonally adjusted
[Chart data]

The gasoline index rose sharply in February, accounting for over 80 percent of the change in the all items index. The gasoline increase led to a 3.2-percent rise in the energy index despite a decline in the index for natural gas. Over the last 12 months, the gasoline index has risen 12.6 percent, the fuel oil index has increased 8.9 percent, and the electricity index has advanced 1.9 percent. In contrast, the index for natural gas has declined 9.8 percent.

The food index, which rose 0.2 percent in January, was unchanged in February. The food at home index has risen 4.5 percent over the last 12 months, while the index for food away from home has risen 3.1 percent.

The index for all items less food and energy increased 0.1 percent in February and has risen 2.2 percent over the last 12 months. Indexes rising faster include apparel (4.2 percent), medical care (3.4 percent), new vehicles (3.0 percent), and used cars and trucks (2.9 percent). Among those indexes rising more slowly were shelter (2.0 percent), household furnishings and operations (1.3 percent) and recreation (1.0 percent).

These data are from the BLS Consumer Price Index program. To learn more, see "Consumer Price Index — February 2012" (HTML) (PDF), news release USDL-12-0452.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI up 2.9 percent from February 2011 to February 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20120319.htm (visited October 31, 2014).

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