Bureau of Labor Statistics

Consumer prices up 1.7 percent over the year ended September 2014

October 24, 2014

The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.7 percent from September 2013 to September 2014, the same increase as for the 12 months ended in August 2014. The food index rose 3.0 percent over that 12-month period, while the energy index declined 0.6 percent. The shelter index has been gradually increasing, reaching 3.0 percent for the first time since January 2008.

The food at home index rose 3.2 percent over the past year while the food away from home index rose 2.7 percent. The index for beef and veal was up 17.8 percent and the pork index up 11.4 percent. In contrast, the fruits and vegetables index increased only 0.9 percent, nonalcoholic beverages just 0.2 percent, and cereals and bakery products fell 0.1 percent.

The energy index fell 0.6 percent over the last 12 months, with its components mixed. The natural gas index rose 5.8 percent and electricity 2.8 percent, however the gasoline index declined 3.6 percent and the fuel oil index 3.2 percent.

Other indexes that have declined over the past year include airline fares (down 3.0 percent), household furnishings and operations (down 1.4 percent) and used cars and trucks (down 0.4 percent).

These data are from the BLS Consumer Price Index program and are not seasonally adjusted. To learn more, see “Consumer Price Index — September 2014” (HTML) (PDF), news release USDL-14-1964.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up 1.7 percent over the year ended September 2014 at https://www.bls.gov/opub/ted/2014/ted_20141024.htm (visited December 01, 2021).

RELATED SUBJECTS

Telephone: 1-202-691-5200 Federal Relay Service: 1-800-877-8339 www.bls.gov Contact Us

View this page on regular www.bls.gov

Permanently disable mobile site