U.S. CPI inched up 0.4% for September 2021

October 13, 2021

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4% for September 2021, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS). The all-items index rose 5.4% before seasonal adjustment over the last year.

The all-items less food and energy index climbed 0.2% in September. The index shelter index increased by 0.4%. The indexes for new vehicles, household furnishings and operations, motor vehicle insurance, communication and education rose 1.3%, 1.0%, 2.1%, 0.4% and 0.4%, respectively in September. The prices for recreation also increased 0.2% over the month of August. However, prices for airline fares, apparel and used cars and trucks declined in September by, 6.4%, 1.1% and 0.7%, respectively. Whereas the medical care index stood unchanged in September.

The index for food rose 0.9% in September, while the index for food at home increased 1.2%. The index for meats, poultry, fish, and eggs rose 2.2% in September as the beef index rose 4.8%. The non-alcoholic beverages index increased 1.2% in September. The food away from home index rose 0.5% while the index for other food at home increased by 1.1% over the month. The index for fruits and vegetables climbed 0.6% in September. The index for dairy and related products climbed 0.7% and the index for cereals and bakery products rose 1.1% in September.

The index for energy rose 1.3% in September. A 1.2% increase was recorded in the gasoline index. Meanwhile, the index for natural gas increased 2.7% and the electricity index increased 0.8% in September.

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2021-10-14T08:59:40-05:00