CPI up 2.5 percent in 2006
January 19, 2007
For the 12-month period ended in December 2006, the Consumer Price Index for All Urban Consumers (CPI-U) rose 2.5 percent. This compares with an increase of 3.4 percent in 2005.
Energy costs, which rose sharply in both 2004 and 2005, advanced at a 22.8-percent annual rate in the first half of 2006 before declining at a 13.4-percent annual rate in the second half of the year. Overall energy costs rose 2.9 percent in all of 2006 with the index for petroleum-based energy advancing 6.1 percent, while the index for energy services declined 0.6 percent.
The food index, which rose 2.3 percent in 2005, increased 2.1 percent in 2006. Food at home prices rose 1.4 percent in 2006; the index for dairy products declined 1.2 percent, while the other five major grocery store food groups registered increases of between 0.7 and 3.1 percent.
Excluding food and energy, the CPI-U advanced 2.6 percent in 2006, following increases of 2.2 percent in each of the two preceding years.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI up 2.5 percent in 2006 on the Internet at https://www.bls.gov/opub/ted/2007/jan/wk3/art04.htm (visited April 29, 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.