December 10, 2021

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.8% for November 2021, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS). The all-items index rose 6.8% before seasonal adjustment over the last year.

The all-items less food and energy index climbed 0.5% in November. The index shelter index increased by 0.5%. The indexes for new vehicles and used cars and trucks rose 1.1% and 2.5%, respectively. The prices for medical care rose 0.2%, household furnishings and operations rose 0.8% and apparel rose 1.3%. The indexes for airline fares (4.7%) and medical care (0.2%) increased in November. Whereas the motor vehicle insurance index, communication index and recreation index fell in November by 0.8%, 0.2% and 0.2%, respectively. One of the few indexes to fall was airline fares, which rose 4.7%.

The index for food rose 0.7% in November, while the index for food at home increased 0.8%. The index for meats, poultry, fish, and eggs rose 0.9% in November. Within this group, the index for pork increased by 2.2% in November, while the index for eggs decreased by 2.7% The non-alcoholic beverages index increased 0.2% in November. The food away from home index rose 0.6% while the index for other food at home increased by 1.0% over the month. The index for fruits and vegetables climbed 1.0% in November. The index for dairy and related products climbed 0.2% and the index for cereals and bakery products rose 0.8% in November.

The index for energy rose 3.5% in November. A 6.1% increase was recorded in the gasoline index. Meanwhile, the index for natural gas increased 0.6% and the electricity index increased 0.3% in November.

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