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On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent in February, following increases of 0.2 percent in each of the preceding four months. For the 12-month period ended in February, the unadjusted CPI-U increased 3.2 percent.
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The food index, which declined 0.1 percent in January, increased 0.4 percent in February, reflecting in part a sharp jump in meat prices. The energy index rose 4.6 percent, its largest advance since a 6.0 percent rise in April 1999. The index for petroleum-based energy increased 8.0 percent and the index for energy services rose 1.1 percent.
Excluding food and energy, the CPI-U rose 0.2 percent in February, the same as in January.
These data are a product of the BLS Consumer Price Index program.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices last month at https://www.bls.gov/opub/ted/2000/mar/wk3/art01.htm (visited December 07, 2024).