December 2014
The CPI-U declined 0.3 percent in November on a seasonally adjusted basis. The gasoline index, the main cause of the decrease, posted its sharpest decline since December 2008. Indices for fuel oil and natural gas also declined; the energy index fell 3.8 percent. The food index rose 0.2 percent. The index for all items less food and energy increased 0.1 percent. The all items index increased 1.3 percent over the last 12 months, a notable decline from the 1.7 percent figure from the 12 months ending October. The index for all items less food and energy has increased 1.7 percent, compared to 1.8 percent for the 12 months ending October.
