The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent
in October on a seasonally adjusted basis after rising 0.1 percent in September,
the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the
all items index rose 2.5 percent before seasonal adjustment.
An increase in the gasoline index was responsible for over one-third of the
seasonally adjusted increase in the all items index; advances in the indexes for
shelter, used cars and trucks, and electricity also contributed. The increases
in the gasoline and electricity indexes led to a 2.4-percent rise in the energy
index. The food index, in contrast, declined slightly in October.