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Consumer prices up in August 2012

September 17, 2012

Over the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 1.7 percent before seasonal adjustment.

12-month percent change in the CPI for All Urban Consumers (CPI-U), not seasonally adjusted, August 2011–August 2012
[Chart data]

The energy index, which had declined in each of the 4 previous months, rose 5.6 percent in August, its largest increase since June 2009. The gasoline index accounted for most of the increase, rising 9.0 percent. However, the other major energy indexes, which had all declined in July, increased as well. Over the last 12 months the energy index has declined 0.6 percent.

The food index rose 0.2 percent in August after a 0.1-percent increase in July. This index has risen 2.0 percent over the past 12 months.

The index for all items less food and energy increased 0.1 percent in August, the same increase as in July. This index has risen 1.9 percent over the past 12 months, but it has been trending down slightly since its recent peak of 2.3 percent in March, April, and May.

These data are from the BLS Consumer Price Index program. To learn more, see "Consumer Price Index — August 2012" (HTML) (PDF), news release USDL-12-1834.


SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up in August 2012 on the Internet at https://www.bls.gov/opub/ted/2012/ted_20120917.htm (visited January 24, 2020).

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