March 12, 2025
The U.S. Bureau of Labor Statistics announced that the Consumer Price Index for All Urban Consumers (CPI-U) rose by 0.2% on a seasonally adjusted basis in February 2025, following a 0.5% increase in January. Over the past 12 months, the all items index increased by 2.8% before seasonal adjustment.
The shelter index rose by 0.3% in February, contributing to nearly half of the overall monthly increase. This was partially offset by a 4.0% decrease in the index for airline fares and a 1.0% decline in the index for gasoline. Despite the decrease in the gasoline index, the energy index rose by 0.2% due to increases in the indexes for electricity and natural gas. The food index also increased by 0.2%, with the food away from home index rising by 0.4%, while the food at home index remained unchanged.
Excluding food and energy, the all items index increased by 0.2% in February, following a 0.4% increase in January. Notable increases were observed in medical care, used cars and trucks, household furnishings and operations, recreation, apparel, and personal care. The indexes for airline fares and new vehicles were among the few major indexes that decreased in February.
Over the last 12 months, the all items index rose by 2.8%, slightly lower than the 3.0% increase recorded for the 12 months ending in January. The index for all items less food and energy increased by 3.1% over the past year. The energy index decreased by 0.2%, while the food index increased by 2.6% over the same period.
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