Consumer prices down 0.3 percent in October
November 19, 2001
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.3 percent in October, after increasing 0.4 percent in September.
The energy index, which rose 2.6 percent in September, fell 6.3 percent in October. The index for petroleum-based energy declined 10.2 percent and the index for energy services fell 2.5 percent. The food index rose 0.5 percent in October, following a 0.2-percent rise in September. Excluding food and energy, the CPI-U rose 0.2 percent for the fourth consecutive month.
During the first 10 months of 2001, the CPI-U rose at a 2.1 percent seasonally adjusted annual rate (SAAR). This compares with an increase of 3.4 percent for all of 2000.
For the 12-month period ended in October, the CPI-U increased 2.1 percent.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Consumer prices down 0.3 percent in October on the Internet at http://www.bls.gov/opub/ted/2001/nov/wk3/art01.htm (visited September 21, 2014).
Spotlight on Statistics: Productivity
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »