Consumer prices up 1.6 percent over 12 months ending January 2019

February 19, 2019

The Consumer Price Index for All Urban Consumers (CPI–U) increased 1.6 percent for the 12 months ending January, the smallest increase since the period ending June 2017. The index for all items less food and energy rose 2.2 percent over the last 12 months. The food index rose 1.6 percent over the past year, while the energy index declined 4.8 percent.

 12-month percentage change, Consumer Price Index, selected categories, January 2016–19, not seasonally adjusted
Month All items All items less food or energy Food Energy

Jan 2016

1.4% 2.2% 0.9% -6.5%

Feb 2016

1.0 2.3 0.9 -12.5

Mar 2016

0.9 2.2 0.8 -12.6

Apr 2016

1.1 2.1 1.0 -8.9

May 2016

1.0 2.2 0.7 -10.1

Jun 2016

1.0 2.2 0.4 -9.4

Jul 2016

0.8 2.2 0.3 -10.9

Aug 2016

1.1 2.3 0.1 -9.2

Sep 2016

1.5 2.2 -0.2 -2.9

Oct 2016

1.6 2.1 -0.3 0.1

Nov 2016

1.7 2.1 -0.3 1.1

Dec 2016

2.1 2.2 -0.1 5.4

Jan 2017

2.5 2.3 -0.1 10.8

Feb 2017

2.7 2.2 0.1 15.2

Mar 2017

2.4 2.0 0.5 10.9

Apr 2017

2.2 1.9 0.6 9.3

May 2017

1.9 1.7 0.9 5.4

Jun 2017

1.6 1.7 0.9 2.3

Jul 2017

1.7 1.7 1.1 3.4

Aug 2017

1.9 1.7 1.1 6.4

Sep 2017

2.2 1.7 1.2 10.1

Oct 2017

2.0 1.8 1.3 6.4

Nov 2017

2.2 1.7 1.4 9.4

Dec 2017

2.1 1.8 1.6 6.9

Jan 2018

2.1 1.8 1.6 5.5

Feb 2018

2.2 1.8 1.4 7.7

Mar 2018

2.4 2.1 1.3 7.0

Apr 2018

2.5 2.1 1.4 7.9

May 2018

2.8 2.2 1.2 11.7

Jun 2018

2.9 2.3 1.5 12.0

Jul 2018

2.9 2.4 1.4 12.1

Aug 2018

2.7 2.2 1.4 10.2

Sep 2018

2.3 2.2 1.4 4.8

Oct 2018

2.5 2.1 1.2 8.9

Nov 2018

2.2 2.2 1.4 3.1

Dec 2018

1.9 2.2 1.6 -0.3

Jan 2019

1.6 2.2 1.6 -4.8

The food at home index rose 0.6 percent over the past 12 months. Five of the six major grocery store food group indexes increased over the span, with the nonalcoholic beverages index posting the largest increase at 2.2 percent. The dairy and related products index was the only one to decline, falling 0.4 percent. The index for food away from home rose 2.8 percent over the last 12 months.

The energy index fell 4.8 percent over the past 12 months, the largest 12-month decline in the index since the period ending August 2016. The major energy component indexes were mixed over the last 12 months. The gasoline index fell 10.1 percent over the span and the index for fuel oil declined 8.1 percent. In contrast, the index for natural gas rose 4.3 percent over the past 12 months and the electricity index increased 0.4 percent.

The index for all items less food and energy rose 2.2 percent over the past 12 months. The shelter index rose 3.2 percent over the span, and the index for medical care rose 1.9 percent. Indexes that declined over the past 12 months include communication (–1.7 percent) and airline fares (–2.8 percent).

These data are from the Consumer Price Index program and are not seasonally adjusted. For more information, see "Consumer Price Index — January 2019." 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, Consumer prices up 1.6 percent over 12 months ending January 2019 on the Internet at https://www.bls.gov/opub/ted/2019/consumer-prices-up-1-point-6-percent-over-12-months-ended-january-2019.htm (visited May 22, 2019).

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