November 17, 2000
On a seasonally adjusted basis, Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in October, following a 0.5 percent increase in September. For the 12-month period ended in October, the CPI-U increased 3.4 percent.
Deceleration in the energy index—up 0.2 percent in October, following a 3.8 percent rise in September—was largely responsible for the moderation in the October CPI-U. The food index, which increased 0.2 percent in September, rose 0.1 percent in October. Excluding food and energy, the CPI-U rose 0.2 percent, following a 0.3 percent rise in September. A smaller increase in apparel prices and a downturn in the tobacco index were principally responsible for the more moderate advance in October.
During the first 10 months of 2000, the CPI-U rose at a 3.6 percent seasonally adjusted annual rate (SAAR). This compares with an increase of 2.7 percent for all of 1999.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices in October at https://www.bls.gov/opub/ted/2000/nov/wk2/art05.htm (visited June 20, 2021).