From the Bureau of Labor Statistics’ News Release:
The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.4 percent in December on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 0.8 percent before seasonal adjustment.
The gasoline index continued to fall sharply, declining 9.4 percent and leading to the decrease in the seasonally adjusted all items index. The fuel oil index also fell sharply, and the energy index posted its largest one-month decline since December 2008, although the indexes for natural gas and for electricity both increased. The food index, in contrast, rose 0.3 percent, its largest increase since September.
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Contributions to this month’s rise in the index can be found in the rigth-most column of this table:
| 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 | ||
| Oct. 2014 | Nov. 2014 | Dec. 2014 | |
| All Items | 0 | -26 | -37 |
| Food and Beverages | 2 | 4 | 3 |
| Housing | 9 | 7 | 7 |
| Apparel | -1 | -4 | -4 |
| Transportation | -12 | -33 | -48 |
| Medical Care | 1 | 3 | 4 |
| Recreation | 1 | -1 | 0 |
| Education and Communication | -2 | -1 | -0 |
| Other Goods and Services | 1 | -1 | 1 |
See contributions of sub-sectors for further break-outs.
The same contributions in the above table are shown here graphically: