December 17, 2001
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in November after decreasing 0.3 percent in October.
The energy index, which declined 6.3 percent in October, fell 4.4 percent in November. The index for petroleum-based energy declined 9.4 percent, while the index for energy services rose 0.1 percent. The food index, which rose 0.5 percent in October, declined 0.1 percent in November. Excluding food and energy, the CPI-U rose 0.4 percent, following increases of 0.2 percent in each of the four preceding months.
During the first 11 months of 2001, the CPI-U rose at a 1.9 percent seasonally adjusted annual rate (SAAR). This compares with an increase of 3.4 percent for all of 2000.
For the 12-month period ended in November 2001, the CPI-U increased 1.9 percent.