BLS Releases January 2018 Consumer Price Index (Jan. 2018)
According to the Bureau of Labor Statistics, the Consumer Price Index for all urban consumers (CPI-U) increased 0.1 percent in December of 2017 on a seasonally-adjusted basis. An increase in the index for shelter was the main contributors to the monthly increase, as the shelter index rose 0.4 percent.
Excluding the volatile costs of food and energy, the index for all items less food and energy rose by 0.3 percent in December. Many indexes increased in December including those for medical care, used cars and trucks, new vehicles, and motor vehicle insurance.
The all items index has risen 2.1 percent over the last 12 months ending in December, a smaller rise than the 2.2 percent average rise for the 12 months ending in November.
The full press release can be found via the link below.
Next release is Wednesday, February 14, 2018, for the January 2018 Consumer Price Index.