Energy indexes up over the year from January 2013 to January 2014

February 24, 2014

From January 2013 to January 2014, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.6 percent before seasonal adjustment. The energy index has increased 2.1 percent over the last year, with all major components posting increases, though the gasoline index has increased only 0.1 percent.

Percent change in the Consumer Price Index for All Urban Consumers, energy indexes, not seasonally adjusted, January 2013-January 2014
Expenditure categoryPercent change

Energy

2.1

Energy commodities

0.5

Gasoline (all types)

0.1

Fuel oil

2.0

Energy services

4.5

Electricity

4.4

Utility (piped) gas service

4.9

The electricity index rose 4.4 percent from January 2013 to January 2014. Over the month, from December 2013 to January 2014, the electricity index increased 1.8 percent, its largest monthly increase since March 2010. The index for natural gas increased 4.9 percent over the year; it rose sharply in January, increasing 3.6 percent. The fuel oil index, with an over-the-year increase of 2.0 percent, increased 3.7 percent over the month. The gasoline index, which rose in December, fell 1.0 percent in January, and rose 0.1 percent over the year.

These data are from the BLS Consumer Price Index program. To learn more, see "Consumer Price Index — January 2014" (HTML) (PDF), news release USDL‑14‑0253.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Energy indexes up over the year from January 2013 to January 2014 on the Internet at http://www.bls.gov/opub/ted/2014/ted_20140224.htm (visited July 26, 2016).

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