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Tue Mar 13, 2018, 09:47 AM

BLS releases Consumer Price Index Summary for February


From Summary:


The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent
in February on a seasonally adjusted basis after rising 0.5 percent in January,
the U.S. Bureau of Labor Statistics reported today. Over the last 12 months,
the all items index rose 2.2 percent before seasonal adjustment.

The indexes for shelter, apparel, and motor vehicle insurance all rose and
contributed to the 1-month seasonally adjusted increase in the all items index.
The food index was unchanged in February, as a decline in the index for food at
home offset an increase in the food away from home index. The energy index
increased slightly, with its component indexes mixed.

The index for all items less food and energy increased 0.2 percent in February
following a 0.3-percent increase in January. Along with shelter, apparel, and
motor vehicle insurance, the indexes for household furnishings and operations,
education, personal care, and airline fares also increased in February. In
contrast, the indexes for communication, new vehicles, medical care, and used
cars and trucks declined over the month.


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Reply BLS releases Consumer Price Index Summary for February (Original post)
Yonnie3 Mar 2018 OP
Farmer-Rick Mar 2018 #1

Response to Yonnie3 (Original post)

Wed Mar 14, 2018, 09:01 AM

1. Since Trump is appointing incompetent and destructive heads of federal bureaus,

Why do we assume the current head of the the BLS is doing his job in a legal and not corrupted manner? The Commissioner of the BLS was hired back in W's reign of terror and is the number 2 that has moved up because Trump has not appointed anyone. I have my doubts about him. Though I can't find much about his political affiliation.

Even Bloomberg news opined about how Trump would manipulate the BLS.

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