09.16.2016
According to the Bureau of Labor Statistics the Consumer Price Index for all urban consumers (CPI-U) increased 0.2 percent in August on a seasonally-adjusted basis. The seasonally adjusted index was caused by a rise in the index for all items other than food and energy. This increased by 0.3 percent in August propelled by indexes for shelter and medical care. Energy and food indexes were both unchanged in August.
Over the last 12 months the all items index rose 1.1 percent before seasonal adjustment. The index for all items less food and energy rose 2.3 percent for the 12-months ending in August. The food index remained unchanged; while the energy index declined 9.2 percent.
The full press release can be found via the link below:
Next release is October 18 2016 for the September 2016 Consumer Price Index.
