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Consumer Price Index increased 0.2% in April
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in April before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This index has fallen 0.7 percent over the last 12 months, due primarily to a 25.2 percent drop in energy prices. The year-over-year declines in March and April are the first since 1955.
The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose 0.3 percent in April, prior to seasonal adjustment. The index value of 207.925 was 1.3 percent lower than in April 2008. On a seasonally adjusted basis, the CPI-W was unchanged in April.
The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 0.3 percent in April on a not seasonally adjusted basis. The index has decreased 1.1 percent over the past year. Please note that the indexes for the post-2007 period are subject to revision.
Posted: May 15, 2009 Friday 08:30 AM