Consumer Price Index Continues Upward Climb

 

One-month percent change in CPI for All Urban Consumers, seasonally adjusted, April 2010 to April 2011.
Courtesy of Bureau of Labor Statistics

Consumer Price Index for All Urban Consumers increased 0.4 percent in April on a seasonally adjusted basis. Over the last 12 months, the all items index increased 3.2 percent before seasonal adjustment.

The energy index posted another increase in April as the gasoline index continued to rise, the latter accounting for almost half of the seasonally adjusted all items increase.

The index for all items less food and energy rose 0.2 percent in April, the third increase of that size in the last four months. Indexes making major contributions to that increase included those for new vehicles, used cars and trucks, medical care, and shelter. 

The 12-month increases of major indexes continue to climb. The all items index rose 3.2 percent for the 12 months ending April 2011, the highest figure since October 2008. The energy index has now risen 19 percent over the last 12 months, with the gasoline index up 33.1 percent.

– Courtesy of Bureau of Labor Statistics