Consumer prices up 1.1 percent over the year ended February 2014

March 20, 2014

From February 2013 to February 2014, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.1 percent. Over the year, the index increased 1.6 percent in January 2014 and 1.5 percent in December 2013.

12-month percent change in CPI for All Urban Consumers (CPI-U), not seasonally adjusted, February 2013–February 2014
Expenditure categoryFeb 2013Mar 2013Apr 2013May 2013Jun 2013Jul 2013Aug 2013Sep 2013Oct 2013Nov 2013Dec 2013Jan 2014Feb 2014

All items

2.01.51.11.41.82.01.51.21.01.21.51.61.1

Food

1.61.51.51.41.41.41.41.41.31.21.11.11.4

Energy

2.3-1.6-4.3-1.03.24.7-0.1-3.1-4.8-2.40.52.1-2.5

All items less food and energy

2.01.91.71.71.61.71.81.71.71.71.71.61.6

Over the year ended February 2014, the food index rose 1.4 percent, with the food at home index up 0.9 percent and the index for food away from home up 2.2 percent. The index for meats, poultry, fish, and eggs rose 4.0 percent, compared to more modest increases for dairy and related products, cereals and bakery products, and other food at home. The indexes for fruits and vegetables and nonalcoholic beverages both declined over the same period.

Over the last 12 months, the energy index fell 2.5 percent, due to an 8.1-percent decline in the gasoline index. The three remaining major energy indexes increased, with natural gas posting the highest increase at 8.3 percent.

From February 2013 to February 2014, the index for all items less food and energy increased 1.6 percent. The shelter index rose 2.6 percent, with the rent index up 2.8 percent and the index for owners’ equivalent rent up 2.5 percent. The medical care index increased 2.3 percent. The index for household furnishings and operations declined 1.6 percent and the index for airline fares decreased 3.8 percent.

These data are from the BLS Consumer Price Index program and are not seasonally adjusted. To learn more, see "Consumer Price Index — February 2014" (HTML) (PDF), news release USDL‑14‑0431.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Consumer prices up 1.1 percent over the year ended February 2014 on the Internet at http://www.bls.gov/opub/ted/2014/ted_20140320.htm (visited September 17, 2014).

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