CPI advances 0.2 percent in September
October 20, 2004
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in September 2004, following a 0.1-percent increase in August.
Energy costs declined for the third consecutive month—down 0.4 percent in September—after advancing sharply in the first half of the year. Within energy, the index for household fuels decreased 0.9 percent, while the index for motor fuels rose 0.1 percent.
The index for food was unchanged in September, as a 0.2-percent decline in the index for food at home was offset by a 0.3-percent increase in the index for food away from home. The index for all items less food and energy advanced 0.3 percent in September, following increases of 0.1 percent in each of the preceding three months.
Consumer prices increased at a seasonally adjusted annual rate (SAAR) of 0.6 percent in the third quarter of 2004, following increases in the first and second quarters at annual rates of 5.1 and 4.8 percent, respectively. This brings the year-to-date annual rate to 3.5 percent and compares with an increase of 1.9 percent in all of 2003.
For the 12-month period ended in September, the CPI-U rose 2.5 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI advances 0.2 percent in September on the Internet at http://www.bls.gov/opub/ted/2004/oct/wk3/art03.htm (visited August 01, 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.