Eye On Housing
According to data released by the Bureau of Labor Statistics (BLS), consumer prices increased in January slightly by 0.1% on a seasonally adjusted month-over-month basis. Over the past twelve months, prices on expenditures made by urban consumers increased 1.6% before seasonal adjustments. The month-over-month increase in the all items index was driven by a 0.6% increase in the energy price… Read More ›
Tag Archive for ‘consumer costs’
CPI Up on Gasoline, Real Rental Prices Also Rise
After two months of no change, the Consumer Price Index for Urban Consumers (CPI-U) rose by 0.7% in February. According to the release, energy prices accounted for much of the increase in the CPI-U. In February, energy prices rose by 5.4%, reversing three consecutive month-over-month declines. Gasoline prices rose by 9.1% while fuel oil, which is a component of housing… Read More ›