Consumer Price Index rises in December
January 15, 2010
by Eric Schroeder
WASHINGTON — The overall Consumer Price Index rose 0.1% in December to 217.5, according to the Bureau of Labor Statistics of the Department of Labor. With the gain, the index now has increased 2.7% over the past 12 months. The index for food and beverages continued to rise, climbing 0.2% to 218.4 in December after rising 0.1% in both November and October.
The energy index increased for the seventh time in the past eight months, but at 0.2% the increase was the smallest gain in five months. The index for fuel oil and gasoline rose, but the electricity index was unchanged and the natural gas index declined, the D.O.L. said.
The food index rose 0.2% in December after climbing 0.1% in both November and October. Among the major grocery store food groups, the index for meats, poultry, fish and eggs was unchanged at 200.8 while the other five food groups rose.
The sharpest gain was posted in the index for cereals and bakery products, which rose 0.6% to 253.6. The index had risen 0.1% in November after being unchanged in October.
The index for dairy and related products, meanwhile, rose 0.5% to 194.8. The gain followed a decline of 0.7% in November.
The indexes for fruits and vegetables, food at home and other food at home all rose 0.3% during December, while the index for non-alcoholic beverages climbed 0.2%.
The alcoholic beverage index was flat at 223.3.