U.S. CPI inched up 0.6% for March 2021

April 14, 2021

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.6% for March 2021, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS). The all-items index rose 2.6% before seasonal adjustment over the last year.

The all-items less food and energy index climbed 0.3% in March. The indexes for shelter, household furnishings and operations and recreation rose 0.3%, 0.4% and 0.4%, respectively in March. The indexes for used cars and trucks, personal care, medical care and motor vehicle insurance rose 0.5%, 0.6%, 0.1% and 3.3%, respectively in March. The indexes for education and apparel fell 0.2% and 0.3%, respectively. The indexes for communication and the index for new vehicles were both stable over the month.

The index for food rose 0.1% in March, while the index for food at home increased 0.1%. The index for fruits and vegetables increased 1.0% in March. The index for meats, poultry, fish, and eggs rose 0.1% in March. The food away from home index rose 0.1% while the index for other food at home remained constant over the month. The index for dairy and related products declined 0.5%. The non-alcoholic beverages index fell 0.2% in March while the index for cereals and bakery products fell 0.1%

The index for energy climbed 5.0% in March. A 9.1% growth was recorded in the gasoline index. The index for natural gas increased 2.5% while the electricity index was unchanged in March.

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