Consumer Price Index Rises 0.4% in Sept. - Modern Distribution Management

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Consumer Price Index Rises 0.4% in Sept.

Over the past 12 months, the all-items index increased 3.7% before seasonal adjustment, according data from the federal government.
For Rent sign in front of new house

The Consumer Price Index rose 0.4% in September on a seasonally adjusted basis, after increasing 0.6% in August, the U.S. Bureau of Labor Statistics reported Oct. 13.

Over the past 12 months, the all-items index increased 3.7% before seasonal adjustment.

The index for shelter was the largest contributor to the monthly all-items increase, accounting for over half of the increase. An increase in the gasoline index was also a major contributor to the all-items monthly rise.

While the major energy component indexes were mixed in September, the energy index rose 1.5% over the month, BLS said. The food index increased 0.2% in September, as it did in the prior two months. The index for food at home increased 0.1% over the month, while the index for food away from home rose 0.4%.

The index for all items aside from food and energy rose 0.3% in September, the same increase as in August.

Indexes which increased in September include:

  • Rent and owners’ equivalent rent
  • Lodging away from home
  • Motor vehicle insurance
  • Recreation
  • Personal care
  • New vehicles

The indexes for used cars and trucks and for apparel were among those that decreased over the month, according to BLS data.

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