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grasswire Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-16-10 01:06 AM
Original message
Released today: The Consumer Price Index Summary
Note: I did not include the table.


Transmission of material in this release is embargoed until
8:30 a.m. (EDT) Friday, October 15, 2010 USDL-10-1426


Technical information: (202) 691-7000 Reed.Steve@bls.gov www.bls.gov/cpi
Media Contact: (202) 691-5902 PressOffice@bls.gov


Consumer Price Index - September 2010

The Consumer Price Index for All Urban Consumers (CPI-U) increased
0.1 percent in September on a seasonally adjusted basis, the U.S.
Bureau of Labor Statistics reported today. Over the last 12 months,
the all items index increased 1.1 percent before seasonal adjustment.

Increases in food indexes and another rise in the gasoline index
contributed to the all items seasonally adjusted increase this month.
Four of the six major grocery store food group indexes increased in
September as the food index posted its largest increase since October
2008. The gasoline index rose again in September, leading to a third
consecutive increase in the energy index despite a decline in the
index for household energy.

The index for all items less food and energy was unchanged in
September, as it was in August. The shelter index was unchanged for
the second month in a row. The indexes for apparel, household
furnishing and operations, recreation, and used cars and trucks all
declined in September, offsetting a sharp increase in the index for
medical care and a slight increase in the index for new vehicles.

Over the last 12 months, the index for all items less food and energy
rose 0.8 percent, the lowest 12-month increase since March 1961, with
the shelter component down 0.4 percent. The food index rose 1.4
percent, with both the food at home index and food away from home
index rising the same 1.4 percent. The energy index rose 3.8 percent
over the last year, with gasoline up 5.1 percent.



Consumer Price Index Data for September 2010


Food

The food index rose 0.3 percent in September after a 0.2 percent
increase in August. Both the food away from home and the food at home
index increased 0.3 percent. Within the latter group, four of the six
major grocery store food groups posted increases, with the other two
unchanged. The index for meats, poultry, fish, and eggs rose the
most, increasing 0.9 percent after declining in August. Within that
group, the eggs index rose 7.2 percent. The index for cereals and
bakery products rose 0.8 percent in September after a 0.1 percent
increase in August. The indexes for dairy and related products and
for fruits and vegetables posted slight increases in September, while
the indexes for nonalcoholic beverages and for other food at home
were unchanged. Over the past year, the indexes for cereals and
bakery products and for nonalcoholic beverages have declined, while
the indexes for the other four groups have increased.


Energy

The energy index rose 0.7 percent in September after a 2.3 percent
increase in August. Following a 3.9 percent increase in August, the
gasoline index rose 1.6 percent in September. (Before seasonal
adjustment, gasoline prices fell 1.4 percent in September.) In
contrast, the household energy index declined in September, falling
0.6 percent, primarily due to a 2.3 percent decrease in the index for
natural gas. The electricity index also declined, falling 0.3
percent, while the fuel oil index rose 0.8 percent. The indexes of
all the major energy components have risen over the last 12 months.


All items less food and energy

The index for all items less food and energy was unchanged in
September, as it was in August. The shelter index was unchanged for
the second month in a row. The rent index rose 0.1 percent while the
index for owners' equivalent rent was unchanged and the index for
lodging away from home fell 0.2 percent. The medical care index rose
sharply in September, increasing 0.6 percent. The index for medical
care commodities rose 0.3 percent while the index for medical care
services increased 0.8 percent with the hospital services index
rising 1.8 percent. The index for new vehicles posted a slight
increase in September, rising 0.1 percent, while the index for
airline fares increased 0.2 percent. Offsetting these increases was a
downturn in the index for used cars and trucks and continuing
declines in several indexes. The used cars and trucks index fell 0.7
percent in September, its first decline since April 2009. The apparel
index decreased 0.6 percent following a 0.1 percent decline last
month. The index for household furnishings and operations fell 0.4
percent in September and has now declined in three of the last four
months. The recreation index decreased 0.3 percent in September, its
third consecutive decline.

The index for all items less food and energy increased 0.8 percent
over the last 12 months. The index for education has increased 4.0
percent with the index for college tuition and fees up 4.4 percent.
The index for used cars and trucks has risen 12.9 percent over the
past year, with the indexes for new vehicles index up 2.1 percent and
for airline fares up 6.1 percent. The medical care index has
increased 3.4 percent. In contrast to these increases, the index for
shelter has fallen 0.4 percent and the indexes for apparel,
recreation, household furnishings and operations, and communication
have also declined.

Not seasonally adjusted CPI measures

The Consumer Price Index for All Urban Consumers (CPI-U) increased
1.1 percent over the last 12 months to an index level of 218.439
(1982-84=100). For the month, the index rose 0.1 percent prior to
seasonal adjustment.

The Consumer Price Index for Urban Wage Earners and Clerical Workers
(CPI-W) increased 1.4 percent over the last 12 months to an index
level of 214.306 (1982-84=100). For the month, the index was
unchanged prior to seasonal adjustment.

The Chained Consumer Price Index for All Urban Consumers (C-CPI-U)
increased 0.9 percent over the last 12 months. For the month, the
index rose 0.1 percent on a not seasonally adjusted basis. Please
note that the indexes for the post-2008 period are subject to
revision.


The Consumer Price Index for October 2010 is scheduled to be released
on Wednesday, November 17, 2010, at 8:30 a.m. (EST).

http://www.bls.gov/news.release/cpi.nr0.htm
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jtuck004 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-16-10 01:31 AM
Response to Original message
1. They were discussing this on NPR.
The price of cheese didn't go up, so no COLA increase.

But our older folks are at the mercy of the health insurance companies and the price increases in medical
care, both of which have risen in the past two years. And that comprises a much higher percentage of their
expenses than it does for most others.

And prices for food have gone up where we live, regardless of what the index says. Along with property taxes, sales taxes, utilities, and other costs.

On the other hand, the government may send them a $250 taxable check. Whoopee.

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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-16-10 11:10 AM
Response to Reply #1
2. 10# of white long grain rice at Dollar store went up by 1.25 a bag.
As of last month. Now it is 5.50.
Sugar went up to 2.00 for 4#.

I just came back from a stocking up run to the Dollar Store.

My CPI is our Dollar Store. When THOSE prices rise, I know the "regular" stores are at least 20% higher.

Fortunately, we have no property taxes, but the house insurance is climbing every year.

Health Insurance, not room in the budget for that.

But ..I am not bitter. After all, those bankers got another bonus for running the economy into the ground, so all is well, eh?
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