February 21, 2008
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in January.
The indexes for food and for energy each advanced 0.7 percent, following increases in December of 0.1 and 1.7 percent, respectively.
The index for all items less food and energy rose 0.3 percent, following increases of 0.2 percent in each of the preceding nine months. The January advance reflects larger increases than in December in the indexes for apparel, for medical care, for recreation, for education and communication, and for other goods and services.
For the 12 months ended in January 2008, the CPI-U rose 4.3 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI in January 2008 on the Internet at http://www.bls.gov/opub/ted/2008/feb/wk3/art03.htm (visited November 24, 2015).
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.