October 19, 2010
Over the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.1 percent before seasonal adjustment.
The food index rose 1.4 percent over the last 12 months, with both the food at home index and food away from home index rising the same 1.4 percent. The energy index rose 3.8 percent over the last year, with gasoline up 5.1 percent.
Over the last 12 months, the index for all items less food and energy rose 0.8 percent, the lowest 12-month increase since March 1961. The index for education has increased 4.0 percent with the index for college tuition and fees up 4.4 percent. The index for used cars and trucks has risen 12.9 percent over the past year, with the indexes for new vehicles index up 2.1 percent and for airline fares up 6.1 percent. The medical care index has increased 3.4 percent.
In contrast to these increases, the index for shelter has fallen 0.4 percent and the indexes for apparel, recreation, household furnishings and operations, and communication have also declined.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer Prices in September 2010 on the Internet at http://www.bls.gov/opub/ted/2010/ted_20101019.htm (visited November 26, 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.