The CPI-U price index rose by 0.3% in November 2019. This, together with November 2018’s low CPI increase dropping out of the year-over-year rate brings the annual inflation rate up to 2.05%.
The difference between the two Novembers lies almost entirely in Used Motor Vehicles, and in Gasoline prices.
See our attribution breakdown.
For more charts and tables at finer levels of detail, please visit our Latest Consumer Price Index Charts and Tables Page.
From the Bureau of Labor Statistics’ News Release:
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3 percent in November on a seasonally adjusted basis, after rising 0.4 percent in October, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.1 percent before seasonal adjustment. Increases in the shelter and energy indexes were major factors in the seasonally adjusted monthly increase of the all items index. Increases in the indexes for medical care, for recreation, and for food also contributed to the overall increase. The gasoline index rose 1.1 percent in November and the other major energy component indexes also increased. The food index rose 0.1 percent, with the indexes for both food at home and food away from home increasing over the month.
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| Contributions to All-Items Monthly % Change All items. CPI-U. Seasonally Adjusted. 100 Basis Points = 1% (May not add to total due to rounding.) | |||
|---|---|---|---|
| Expenditure Group | Basis Points | ||
| Sep. 2019 | Oct. 2019 | Nov. 2019 | |
| All items (SA0) | 2 | 36 | 26 |
| Food and beverages (SAF) | 2 | 3 | 1 |
| Housing (SAH) | 12 | 7 | 11 |
| Apparel (SAA) | -1 | -5 | 0 |
| Transportation (SAT) | -12 | 17 | 6 |
| Medical care (SAM) | 2 | 8 | 3 |
| Recreation (SAR) | 0 | 4 | 2 |
| Education and communication (SAE) | -0 | 0 | 2 |
| Other goods and services (SAG) | 0 | 1 | 1 |
The same contributions in the above table are shown here graphically:
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