September 20, 2021
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.3% for August 2021, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS). The all-items index rose 5.3% before seasonal adjustment over the last year.
The all-items less food and energy index climbed 0.1% in August. The index for household furnishings and operations rose 1.3% while the shelter index increased by 0.2%. The indexes for new vehicles, medical care, and recreation rose 1.2%, 0.2%, and 0.5%, respectively in August. The prices for personal care, communication, and apparel all increased in August while the indexes for airline fares, used cars and trucks and motor vehicle insurance fell 9.1%, 1.5%, and 2.8%, respectively.
The index for food rose 0.4% in August, while the index for food at home increased 0.4%. The non-alcoholic beverages index increased 1.0% in August. The index for meats, poultry, fish, and eggs rose 0.7% in August as the beef index rose 1.7%. The food away from home index rose 0.4% while the index for other food at home increased by 0.6% over the month. The index for fruits and vegetables climbed 0.2% in August. The index for dairy and related products fell 1.0%. Whereas the index for cereals and bakery products remained unchanged.
The index for energy rose 2.0% in August. A 2.8% increase was recorded in the gasoline index. Meanwhile, the index for natural gas increased 1.6 % and the electricity index increased 1.0% in August.
Disclaimer:
Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.