CPI-U up 2.2 percent over 12 months ended November 2017

December 18, 2017

Over 12 months ended November 2017, the Consumer Price Index for All Urban Consumers (CPI-U) rose 2.2 percent. The indexes for food and energy both increased.

12-month percent change, Consumer Price Index for All Urban Consumers (CPI-U), selected categories, November 2017
Category 12-month percent change Relative importance, October 2017

All items

2.2% 100.000%

Food

1.4 13.627

Food at home

0.6 7.832

Food away from home

2.4 5.794

Energy

9.4 7.388

Energy commodities

16.4 3.754

Energy services

2.8 3.634

Commodities less food and energy commodities

-0.9 18.775

New vehicles

-1.1 3.541

Used cars and trucks

-2.1 1.921

Apparel

-1.6 3.138

Medical care commodities

1.8 6.655

Services less energy services

2.5 60.210

Shelter

3.2 33.865

Transportation services

3.8 5.983

Medical care services

1.6 1.840

The food index increased 1.4 percent over the last 12 months. The food at home index increased 0.6 percent, while the index for food away from home rose 2.4 percent. As a whole, food expenditures had a relative importance weight of 13.6 percent, food at home accounting for 7.8 percent of consumer spending, and food away from home accounted for the remaining 5.8 percent.

The energy index increased 9.4 percent over the past 12 months, with all of the major component indexes rising over this period. Energy accounted for 7.4 percent of consumer spending. Within the energy commodities category, which increased 16.4 percent, the fuel oil index rose 18.6 percent and the gasoline index increased 16.5 percent. The energy services index increased 2.8 percent, which included an increase of 3.6 percent in the index for natural gas and a 2.5 percent increase in the electricity index.

The indexes for new vehicles, used cars and trucks, and apparel all declined over the past year. The index for medical care commodities increased 1.8 percent.

The 12-month change in the shelter index (which has a relative importance weight of 33.9 percent) increased 3.2 percent from November 2016 to November 2017.

These data are from the Consumer Price Index program and are not seasonally adjusted. For more information, see "Consumer Price Index — November 2017" (HTML) (PDF). Also see Charts related to the latest "U.S. Consumer Price Index" news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI-U up 2.2 percent over 12 months ended November 2017 on the Internet at https://www.bls.gov/opub/ted/2017/cpi-u-up-2-point-2-percent-over-12-months-ended-november-2017.htm (visited December 12, 2018).

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