February 21, 2008
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in January.
The indexes for food and for energy each advanced 0.7 percent, following increases in December of 0.1 and 1.7 percent, respectively.
The index for all items less food and energy rose 0.3 percent, following increases of 0.2 percent in each of the preceding nine months. The January advance reflects larger increases than in December in the indexes for apparel, for medical care, for recreation, for education and communication, and for other goods and services.
For the 12 months ended in January 2008, the CPI-U rose 4.3 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI in January 2008 at https://www.bls.gov/opub/ted/2008/feb/wk3/art03.htm (visited December 09, 2022).