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For additional information relating to this article, please contact:

Barbara Ruszel Economist
Tel: 902-424-1848Email:

February 14, 2018

The US Consumer Price Index for All Urban Consumers rose 0.5 per cent in January from December, on a seasonally adjusted basis. In January, the energy index increased 3.0 per cent, influenced by fuel oil prices (+9.5 per cent) and gasoline prices (+5.7 per cent). Food prices were up 0.2 per cent this month, and shelter rose 0.2 per cent month to month.  Year-over-year (January 2018 compared to January 2017) consumer prices were up 2.1 per cent (not seasonally adjusted) as food prices were up 1.7 per cent and energy prices were up 5.5 per cent. The All Items Less Food and Energy index rose 1.8 per cent, year over year.


Source: US Bureau of Labor Statistics




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