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Consumer prices rise in March |
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| On a seasonally
adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.7 percent in March, following an increase
of 0.5 percent in February. For the 12-month period ended in March, the
unadjusted CPI-U increased 3.7 percent.
Rising energy costs--up 4.9 percent in March--accounted for more than half of the monthly change in the overall CPI for the second consecutive month. The food index, which increased 0.4 percent in February, rose 0.1 percent in March. Excluding food and energy, the CPI-U rose 0.4 percent in March, following increases of 0.2 percent in the first two months of this year. Most major expenditure groups contributed to the larger March advance with increases in the cost of shelter, transportation (other than motor fuels), and household furnishings and operations accounting for about three-fourths of the acceleration. These data are a product of the BLS Consumer Price Index program. Find out more in Consumer Price Indexes, March 2000, news release USDL 00-102.
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E-Mail: ted@bls.gov Last Updated: April 17, 2000 |
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