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For additional information relating to this article, please contact:

Barbara Ruszel Economist
Tel: 902-424-1848Email: Basia.Ruszel-Lichodzijewska@novascotia.ca

September 14, 2017
US CONSUMER PRICE INDEX, AUGUST 2017

The US Consumer Price Index for All Urban Consumers rose 0.4 per cent in August from July, on a seasonally adjusted basis. In August, the energy index rose 2.8  per cent, influenced by notable increase in gasoline and fuel oil prices (6.3% and 2.9%, respectively). Food prices rose 0.1 per cent and shelter rose 0.5 per cent month to month.

Over the last 12 months, the all items index increased 1.9 per cent before seasonal adjustment, up from 1.7 per cent year over year, last month. 

The index for all items less food and energy increased 0.2 per cent in August. For the 12-months ending in August, the index for all items less food and energy rose 1.7 per cent, the energy index increased 6.4 per cent, and the food index was up 1.1 per cent.

 

Source: US Bureau of Labor Statistics



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