Monday, September 17, 2012

CPI for all items rises 0.6% in August as gasoline index rises 9.0%

"The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in August on a
seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months,
the all items index increased 1.7 percent before seasonal adjustment.

The seasonally adjusted increase in the all items index was the largest since June 2009. About 80 percent
of the increase was accounted for by the gasoline index, which rose 9.0 percent and was the major factor
in the energy index rising sharply in August after declining in each of the four previous months..."

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