The Consumer Price Index for All Urban Consumers increased 5.4 percent, not seasonally adjusted, from June 2020 to June 2021, the largest 12-month advance since the year ended August 2008. Consumer prices increased 4.7 percent from February 2020 to June 2021. February 2020 was the last month before the COVID-19 pandemic began. read more »
A report by the Government Accountability Office recommended that the Bureau of Labor Statistics (BLS) explore the use of National Accounts data to improve the calculation of the Consumer Price Index and assess the data sources used to calculate the CPI for older populations. This Beyond the Numbers article summarizes GAO findings and BLS responses. read more »
This article details price movements for petroleum products in the context of the coronavirus disease 2019 (COVID-19) pandemic. read more »