BLS Releases August 2017 Consumer Price Index (Sept. 2017)

According to the Bureau of Labor Statistics the Consumer Price Index for all urban consumers (CPI-U) increased 0.4 percent in August on a seasonally-adjusted basis.  An increase in the indexes for gasoline and shelter were the main contributors to the monthly increase as the energy index rose 2.8 percent led by a 6.3 percent increase in the gasoline index.  

Excluding the volatile costs of food and energy the index for all items less food and energy rose by 0.2 percent in August.  Many indexes increased in August including those for motor vehicle insurance medical care and recreation.

The all items index has risen 1.9 percent over the last 12 months ending in August a larger rise than the 1.7 percent average rise for the 12 months ending in July. 

The full press release can be found via the .pdf below.

Next release is Friday October 13 2017 for the September 2017 Consumer Price Index.