CPI up 0.2 percent over the year ending October 2015
November 19, 2015
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent from October 2014 to October 2015. The 12-month change has been between −0.2 percent and +0.2 percent since January 2015.
The food index increased 1.6 percent over the past year, and the index for all items less food and energy rose 1.9 percent. These advances have been mostly offset by a 17.1-percent decline in the energy index.
|Expenditure category||Percent change||Relative importance|
Food at home
Food away from home
All items less food and energy
Commodities less food and energy commodities
Services less energy services
The food at home index increased 0.7 percent from October 2014 to October 2015. Five of the six major grocery store food group indexes rose over the span, with the index for other food at home posting the largest increase of 2.0 percent. The dairy index was the only one to decline, falling 3.0 percent. The index for food away from home increased 0.2 percent in October and rose 2.9 percent over the last 12 months.
All major energy component indexes continue to show declines over the past 12 months. The fuel oil index declined 32.9 percent and the gasoline index fell 27.8 percent. The index for natural gas decreased 11.0 percent, and the electricity index declined more modestly, falling 0.5 percent.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI up 0.2 percent over the year ending October 2015 on the Internet at https://www.bls.gov/opub/ted/2015/cpi-up-0-2-percent-over-the-year-ending-october-2015.htm (visited January 21, 2018).
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