03.15.2018
According to the Bureau of Labor Statistics the Consumer Price Index for all urban consumers (CPI-U) increased 0.2 percent in February of 2018 on a seasonally-adjusted basis. An increase in the index for shelter apparel and motor vehicle insurance was the main contributor to the monthly increase.
Excluding the volatile costs of food and energy the index for all items less food and energy rose by 0.2 percent in February. Many indexes increased in February including those for household furnishings and operations education personal care and airline fares as well as those listed above.
The all items index has risen 2.2 percent over the last 12 months ending in February a slightly larger rise than the 2.1 percent average rise for the 12 months ending in Janaury.
The full press release can be found via the link below.
Next release is Wednesday April 11 2018 for the March 2018 Consumer Price Index.
