January Sees a Rise in Consumer Price Index

12-month percent change in Consumer Price Index for All Urban Consumers, not seasonally adjusted, Jan. 2009 - Jan. 2010. - Photo Courtesy of Bureau of Labor Statistics

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On a seasonally adjusted basis, the January Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent. Over the last 12 months, the index increased 2.6 percent before seasonal adjustment.

The seasonally adjusted increase in the all items index was due to a rise in the energy index. An increase in the gasoline index was the main factor, and the indexes for fuel oil and natural gas rose as well, though the electricity index declined.

The index for all items less food and energy fell 0.1 percent in January. This decline was largely the result of decreases in the indexes for shelter, new vehicles and airline fares. In contrast, the medical care index posted its largest increase since January 2008, and the index for used cars and trucks increased significantly for the sixth month in a row. This could make it more challenging to your landscape business if you need to purchase used trucks. ?EUR??,,????'?????<