BLS Releases November 2017 Consumer Price Index (Dec. 2017)
According to the Bureau of Labor Statistics, the Consumer Price Index for all urban consumers (CPI-U) increased 0.4 percent in November of 2017 on a seasonally-adjusted basis. An increase in the index for energy was the main contributor to the monthly increase, as the energy index rose 3.9 percent.
Excluding the volatile costs of food and energy, the index for all items less food and energy rose by 0.1 percent in November. Many indexes increased in November including those for used cars and trucks, new vehicles, and motor vehicle insurance.
The all items index has risen 2.2 percent over the last 12 months ending in November, a larger rise than the 1.8 percent average rise for the 12 months ending in October.
The full press release can be found via the link below.
Next release is Friday, January 12, 2018, for the December 2017 Consumer Price Index.