The U.S. Bureau of Labor Statistics (BLS) is reporting that the Consumer Price Index (CPI), excluding the volatile food and energy components (“core” CPI) was unchanged in October on a seasonally adjusted basis after rising 0.2% in September. Over the last 12 months, on a not seasonally adjusted basis, the CPI has increased 1.2%, this following a 1.4% increase in September. In regards to the “core” increased by 1.6% over the past 12-months, following a 1.7% increase in September. The food index increased by 3.9%, while the energy index declined 9.2% over the past 12-months.
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Consumer Price Index Summary