US urban CPI for apparel falls 1.3% in Nov after 0.1% rise in Oct

13 Dec '23

2 min read

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The consumer price index for all urban consumers (CPI-U) increased by 0.1 per cent in November on a seasonally-adjusted basis, after being unchanged in October.
Over the last 12 months, the all items index increased by 3.1 per cent before seasonal adjustment.
That index for apparel fell by 1.3 per cent in November, after rising by 0.1 per cent in October.

The consumer price index for all urban consumers (CPI-U) increased by 0.1 per cent in November on a seasonally-adjusted basis, after being unchanged in October, the US Bureau of Labour Statistics reported. Over the last 12 months, the all items index increased by 3.1 per cent before seasonal adjustment.

That index for apparel fell by 1.3 per cent in November, after rising by 0.1 per cent the previous month, a BLS release said.

That index for household furnishings and operations declined by 0.4 per cent MoM during November.

The urban energy index fell by 2.3 per cent month on month (MoM). There was a 2.5-per cent fall in October. It fell by 5.4 per cent over the past 12 months ending November.

The urban index for all items less food and energy rose by 0.3 per cent in November, after rising by 0.2 per cent in October.

The all items index rose by 3.1 per cent for the 12 months ending November, a smaller increase than the 3.2-per cent increase for the 12 months ending October.

The all items less food and energy index in urban areras rose by 4 per cent over the last 12 months, as it did for the 12 months ending October.

ALCHEMPro News Desk (DS)

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