Consumer prices up 1.1 percent over the year ended February 2014
March 20, 2014
From February 2013 to February 2014, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.1 percent. Over the year, the index increased 1.6 percent in January 2014 and 1.5 percent in December 2013.
|Expenditure category||Feb 2013||Mar 2013||Apr 2013||May 2013||Jun 2013||Jul 2013||Aug 2013||Sep 2013||Oct 2013||Nov 2013||Dec 2013||Jan 2014||Feb 2014|
All items less food and energy
Over the year ended February 2014, the food index rose 1.4 percent, with the food at home index up 0.9 percent and the index for food away from home up 2.2 percent. The index for meats, poultry, fish, and eggs rose 4.0 percent, compared to more modest increases for dairy and related products, cereals and bakery products, and other food at home. The indexes for fruits and vegetables and nonalcoholic beverages both declined over the same period.
Over the last 12 months, the energy index fell 2.5 percent, due to an 8.1-percent decline in the gasoline index. The three remaining major energy indexes increased, with natural gas posting the highest increase at 8.3 percent.
From February 2013 to February 2014, the index for all items less food and energy increased 1.6 percent. The shelter index rose 2.6 percent, with the rent index up 2.8 percent and the index for owners’ equivalent rent up 2.5 percent. The medical care index increased 2.3 percent. The index for household furnishings and operations declined 1.6 percent and the index for airline fares decreased 3.8 percent.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up 1.1 percent over the year ended February 2014 on the Internet at http://www.bls.gov/opub/ted/2014/ted_20140320.htm (visited December 20, 2014).
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