Consumer prices up 1.0 percent over the year ended October 2013

November 21, 2013

From October 2012 to October 2013, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent. The increase was the smallest 12-month increase since October 2009.

                             

12-month percent change in CPI for All Urban Consumers (CPI-U), not seasonally adjusted, October 2012–October 2013
Expenditure categoryOct 2012Nov 2012Dec 2012Jan 2013Feb 2013Mar 2013Apr 2013May 2013Jun 2013Jul 2013Aug 2013Sep 2013Oct 2013

All items

2.21.81.71.62.01.51.11.41.82.01.51.21.0

Food

1.71.81.81.61.61.51.51.41.41.41.41.41.3

Food at home

1.01.31.31.11.21.01.00.80.91.01.01.00.8

Food away from home

2.72.62.52.32.32.32.32.32.22.12.01.91.9

Energy

4.00.30.5-1.02.3-1.6-4.3-1.03.24.7-0.1-3.1-4.8

Energy commodities

8.61.71.5-1.43.1-3.1-8.1-4.22.65.0-2.2-7.0-9.5

Gasoline (all types)

9.11.91.7-1.53.3-3.1-8.3-4.12.85.2-2.4-7.5-10.1

Fuel oil

5.62.63.62.02.3-2.4-5.6-5.81.83.40.0-3.1-4.6

Energy services(1)

-3.0-1.7-1.1-0.30.91.12.64.54.04.33.23.73.3

Electricity(1)

-1.2-0.7-0.50.50.80.91.11.71.93.12.83.23.0

Utility (piped) gas service(1)

-8.4-4.7-2.9-2.51.31.87.614.211.78.84.85.34.4

All items less food and energy

2.01.91.91.92.01.91.71.71.61.71.81.71.7

Commodities less food and energy commodities

0.70.50.30.40.30.0-0.1-0.2-0.2-0.20.0-0.1-0.1

New vehicles

1.01.41.61.71.11.11.21.11.21.21.11.21.0

Used cars and trucks

-2.1-2.3-2.0-1.3-0.20.1-0.6-1.6-2.3-2.1-1.00.41.4

Apparel

3.01.81.82.12.40.80.30.20.81.61.80.8-0.2

Medical care commodities

3.02.31.71.50.80.60.70.00.1-0.10.00.20.5

Alcoholic beverages

1.51.71.91.21.41.71.81.61.31.72.01.71.9

Tobacco and smoking products

1.81.81.92.02.12.12.62.82.42.73.23.23.4

Services less energy services

2.52.52.52.52.62.52.32.32.32.42.42.42.3

Shelter

2.32.22.22.22.32.22.22.32.32.32.42.42.3

Transportation services

2.02.22.63.03.13.12.52.62.53.02.52.42.5

Medical care services

3.93.73.73.63.93.93.42.92.82.63.13.12.9

Footnotes:
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
 

Over the year ended October 2013, the index for food rose 1.3 percent. The food at home index rose 0.8 percent. The indexes for meats, poultry, fish, and eggs, fruits and vegetables, and cereals and bakery products increased, while the indexes for nonalcoholic beverages, other food at home, and dairy and related products declined. The index for food away from home rose 1.9 percent.

The energy index declined 4.8 percent for the 12 months ending October 2013, with the indexes for gasoline and fuel oil down 10.1 percent and 4.6 percent, respectively. In contrast, the electricity index rose 3.0 percent.

Over the last year, the index for all items less food and energy increased 1.7 percent, the same increase as the 12 months ending September. The indexes for shelter and medical care both rose 2.3 percent, and the new vehicles index increased 1.0 percent. The apparel index declined 0.2 percent.

These data are from the BLS Consumer Price Index program and are not seasonally adjusted. To learn more, see "Consumer Price Index — October 2013" (HTML) (PDF), news release USDL‑13‑2193.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up 1.0 percent over the year ended October 2013 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20131121.htm (visited December 20, 2014).

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