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Consumer Price Index: Difference between revisions
→Historical CPI Releases
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CPI declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, over the last 12 months, the all items index increased 6.5 percent. Excluding volatile food and energy prices, core CPI rose 0.3%. Core was up 5.7% from a year ago. | CPI declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, over the last 12 months, the all items index increased 6.5 percent. Excluding volatile food and energy prices, core CPI rose 0.3%. Core was up 5.7% from a year ago. | ||
The index for gasoline was by far the largest contributor to the monthly all-items decrease, more than offsetting increases in shelter indexes. However, shelter CPI remained elevated driving core CPI up, and its not expected to decline until the second half 2023. | |||
=== Recent Inflation History=== | === Recent Inflation History=== | ||