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See table A. Regional Commissioner Chris Rosenlund noted that the August increase was influenced by higher prices for recreation and shelter. Data in this report are not seasonally adjusted.
Accordingly, month-to-month changes may reflect seasonal influences. Over the last 12 months, the CPI-U rose 5. See chart 1 and table A. Food prices rose 5. Energy prices jumped The index for all items less food and energy increased 4. See table 1. Food prices rose 1. Prices for food at home rose 2. Prices for food away from home advanced 0. Over the year, food prices rose 5. Prices for food away from home advanced 7. The energy index rose 4.
The increase was mainly due to higher prices for gasoline 6. Prices for electricity advanced 1. Prices paid for natural gas service moved up 8. The index for all items less food and energy rose 0. Higher prices for recreation 8. Over the year, the index for all items less food and energy increased 4. Components contributing to the increase included new and used motor vehicles Partly offsetting the increases were price decreases in motor vehicle insurance When possible, data normally collected by personal visit were collected either online or by phone.
Additionally, data collection in August was affected by the temporary closing or limited operations of certain types of establishments. These factors resulted in an increase in the number of prices considered temporarily unavailable and imputed. While the CPI program attempted to collect as much data as possible, many indexes are based on smaller amounts of collected prices than usual, and a small number of indexes that are normally published were not published this month.
The Consumer Price Index CPI is a measures of the average change in prices over time in a fixed market basket of goods and services. The CPI-U includes, in addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, and retirees and others not in the labor force.
The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other goods and services that people buy for day-to-day living. Each month, prices are collected in 75 urban areas across the country from about 6, housing units and approximately 22, retail establishments—department stores, supermarkets, hospitals, filling stations, and other types of stores and service establishments.
All taxes directly associated with the purchase and use of items are included in the index.
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