CPI-U Index down 0.1% in December, with 1.9% Annual inflation.

Posted - Filed under Consumer Price Index, Data News.

The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in December on a seasonally adjusted basis after being unchanged in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.9 percent before seasonal adjustment.

The seasonally adjusted decline in the all items index was caused by a sharp
decrease in the gasoline index, which fell 7.5 percent in December. This
decline more than offset increases in several indexes including shelter, food,
and other energy components. The energy index fell 3.5 percent, as the gasoline
and fuel oil indexes fell, but the indexes for natural gas and for electricity
increased. The food index increased 0.4 percent in December.

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