CPI declines 0.3 percent for November

Dec. 14, 2012 at 11:57 AM

WASHINGTON, Dec. 14 (UPI) -- The Consumer Price Index declined 0.3 percent in November on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics said Friday.

The gasoline index fell 7.4 percent in November, which more than offset increases in other indexes.

The energy index fell 4.1 percent in November despite increases in the indexes for natural gas and electricity. The food index rose 0.2 percent, with the food-at-home index increasing 0.3 percent, the same increases as in October.

The index for all items minus food and energy increased 0.1 percent in November after a 0.2 percent increase in October. The indexes for shelter, household furnishings and operations, airline fares, recreation, new vehicles and medical care all increased in November while the indexes for apparel and used cars and trucks declined.

Related UPI Stories
Latest Headlines
Trending Stories
House Majority Leader Kevin McCarthy drops bid for speaker
WikiLeaks offering $50K for video of Afghan hospital bombing
Murdoch sorry for implying Obama's not a 'real black president'
Reid sues exercise companies over eye injury
Lumber Liquidators to pay $10M in DOJ settlement