CPI falls in November
December 17, 2003
On a seasonally adjusted basis, the Consumer Price Index for all Urban Consumers (CPI-U), which was unchanged in October, declined 0.2 percent in November.
Energy costs declined 3.0 percent, following a 3.9-percent drop in October. Within energy, the index for petroleum-based energy declined 4.4 percent and the index for energy services fell 1.4 percent.
The index for food rose 0.4 percent with the index for food at home up 0.7 percent. A 3.2-percent increase in the index for meats, poultry, fish, and eggs, reflecting a sharp rise in beef prices, accounted for the advance in grocery store food prices.
The index for all items less food and energy declined 0.1 percent in November, following a 0.2-percent increase in October. Downturns in the indexes for apparel, for household furnishings and operations, and for public transportation, coupled with a moderation of the rise in the index for shelter, were responsible for the deceleration between October and November.
For the 12-month period ended in November, the CPI-U increased 1.8 percent (as shown in the chart).
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI falls in November on the Internet at https://www.bls.gov/opub/ted/2003/dec/wk3/art03.htm (visited April 30, 2017).
Recent editions of Spotlight on Statistics
STEM occupations: past, present, and future
A look at employment and wages in science, technology, engineering, and mathematics occupations.
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.