Consumer Price Index Accelerated in January - Modern Distribution Management

Log In

Consumer Price Index Accelerated in January

Over the past 12 months, the all-items index increased 6.4% before seasonal adjustment, according to the Bureau of Labor Statistics.
Consumer Price Index

On Feb. 14, the U.S. Bureau of Labor Statistics said the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5% in January on a seasonally adjusted basis after increasing 0.1% in December.

Over the past 12 months, the all-items index increased 6.4% before seasonal adjustment, according to BLS data.

The index for shelter was the largest contributor to the monthly all-items increase, accounting for nearly half of the monthly all items increase, with the indexes for food, gasoline and natural gas also contributing, the BLS said. The food index increased 0.5% over the month, and the food-at-home index rose 0.4%. The energy index increased 2% over the month, as all major energy component indexes rose over the month.

The index for all items except food and energy rose 0.4% in January, the BLS said. Categories that increased in January include:

  • Shelter
  • Motor vehicle insurance
  • Recreation
  • Apparel
  • Household furnishings
  • Operations indexes

The indexes for used cars and trucks, medical care and airline fares decreased over the month, according to the data.

The all-items index increase for the 12 months ending January was the smallest 12-month increase since the period ending October 2021. The all-items excluding food and energy index rose 5.6% over the past 12 months, its smallest 12-month increase since December 2021.

The energy index increased 8.7% for the 12 months ending January, while the food index increased 10.1% over the last year, the BLS said.

Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.