The Consumer Price Index for All Urban Consumers rose 0.3% in April, according to the Bureau of Labor Statistics . The CPI-U has grown in eleven of the last twelve months (in October it came in at 0.0). The all items index has grown 2.0% over the last 12 months. From the Bureau of Labor Statistics release: The indexes for gasoline, shelter, and food all rose in April and contributed to the seasonally adjusted all items increase. The gasoline index rose 2.3 percent; this led to the first increase in the energy index since January, despite declines in the electricity and fuel oil indexes. The food index rose 0.4 percent for the third month in a row, as the index for meats rose sharply. The index for all items less food and energy rose 0.2 percent in April, with most of its major components posting increases, including shelter, medical care, airline fares, new vehicles, used cars and trucks, and recreation. The indexes for apparel, household furnishings and operations, and personal care were all unchanged in April. The all items index increased 2.0 percent over the last 12 months; this compares to a 1.5 percent increase for the 12 months ending March, and is the largest 12-month increase since July. The index for all items less food and energy has increased 1.8 percent over the last 12 months. The energy index has risen 3.3 percent, and the food index has advanced 1.9 percent over the span. Here's a look at the CPI for All Urban Consumers over the last year: Read the full release here .
Filed under: CPI, bureau of labor statistics, consumer spending, wages, economic indicators, prices, energy prices, income, inflation, gas prices, food prices, cpi-u