November Sees Rise in CPI

 

One-month percent change in Consumer Price Index for All Urban Consumers, seasonally adjusted, Nov. 2009 to Nov. 2010.
Courtesy of U.S. Bureau of Labor Statistics

Consumer Price Index for All Urban Consumers increased 0.1 percent in November on a seasonally adjusted basis. Over the last 12 months, the all items index increased 1.1 percent before seasonal adjustment.

Although the index for gasoline rose, the index for household energy declined and the increase in the energy index was the smallest in five months.  

The index for all items less food and energy rose in November after being unchanged the previous three months. Increases in the indexes for shelter and airline fares accounted for most of the rise, while the indexes for new vehicles, used cars and trucks, and household furnishings and operations all declined. This is good news for operating costs of your landscape business, in particular your trucks and equipment.

Over the last 12 months, the index for all items less food and energy has risen 0.8 percent. The energy index has risen 3.9 percent over that span with the gasoline index up 7.3 percent but the household energy index down 0.2 percent. The food index has risen 1.5 percent, with the food at home index up 1.7 percent.

- U.S. Bureau of Labor Statistics