Consumer prices edge down in August
September 28, 2000
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in August after increasing 0.2 percent in July. For the 12-month period ended in August, the CPI-U increased 3.4 percent.
The energy index, which rose 0.1 percent in July, fell 2.9 percent in August. The indexes for petroleum-based energy and for energy services declined 5.5 and 0.2 percent, respectively.
The food index rose 0.2 percent in August. The index for food at home increased 0.3 percent after advancing 0.7 percent in July, with each of the major food at home groups except fruits and vegetables contributing to the deceleration. Excluding food and energy, the CPI-U rose 0.2 percent in August, the same as in each of the previous four months.
During the first eight months of 2000, the CPI-U rose at a 3.5 percent seasonally adjusted annual rate. This compares with an increase of 2.7 percent for all of 1999.
These data are a product of the BLS Consumer Price Index program.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices edge down in August on the Internet at http://www.bls.gov/opub/ted/2000/sept/wk3/art01.htm (visited July 29, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.