CPI in May 2005

June 16, 2005

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in May 2005, following an increase of 0.5 percent in April.

Percent change from 12 months ago, Consumer Price Index for All Urban Consumers, not seasonally adjusted, May 1996–May 2005
[Chart data—TXT]

Energy costs, which advanced sharply in each of the preceding three months, declined 2.0 percent in May. Within energy, the index for petroleum-based energy decreased 4.2 percent while the index for energy services increased 0.8 percent.

The index for food rose 0.1 percent, following a 0.7-percent increase in April. The index for all items less food and energy, which was virtually unchanged in April, increased 0.1 percent in May.

During the first five months of 2005, the CPI-U rose at a 3.7-percent seasonally adjusted annual rate (SAAR). This compares with an increase of 3.3 percent for all of 2004.

For the 12 months ended in May 2005, the CPI-U rose 2.8 percent, as shown in the chart.

These data are from the BLS Consumer Price Index program. For more information, see "Consumer Price Index: May 2005" (PDF) (TXT), news release USDL 05-1054.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI in May 2005 on the Internet at http://www.bls.gov/opub/ted/2005/jun/wk2/art04.htm (visited October 21, 2014).

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