Bob Richardson

The Bureau of Labor Statistics (BLS) released November 2019 Consumer Price Indexes (CPI) today. The All commodities index decreased by 0.1% over the last month & has increased 2.1% over the last year on a seasonally unadjusted basis. All items less food and energy was unchanged between October – November ’19 & rose 2.3% between November ’18 – ’19. Commodities less food and energy decreased 0.6% over the last month & rose 0.1% over the last year. Sports vehicles including bicycles rose 1.2% between October – November ’19 & increased by 8.9% between November ’18 – ’19 Newspapers & magazines increased by 0.7% from October to November ’19 and rose by 7.2% from November ’18 – ’19. Stationery, stationery supplies & gift wrap increased by 0.3% from October – November ’19 and rose by 7.2% from November ’18 – ’19. Tobacco and smoking products rose by 0.7% over the last month and increased by 5.5% over the last year. Sporting goods rose 0.7% over the last month and increased by 4.6% over the last year. Candy & chewing gum showed an increase of 0.6% between October- November ’19 and an increase of 4.2% between November ’18 – ’19.

CPI Historical Average Annual Inflation Rates for Selected Commodities Through November 2019

BLS CPI CodeBLS CPI Category Description1M 11/19YTD 11/191Y 11/193Y 11/195Y 11/1910Y 11/1920Y 11/19
SAFFOOD & BEVERAGES-0.1%1.6%1.9%1.6%1.1%1.8%2.3%
SAF11Food at home-0.3%0.7%1.0%0.8%0.1%1.3%1.9%
SAF114Nonalcoholic beverages & beverage materials-0.1%1.4%1.7%0.9%0.4%0.6%1.2%
SEFNJuices & nonalcoholic drinks-0.3%1.9%1.9%1.4%0.8%0.7%1.3%
SEFN01Carbonated drinks-0.2%2.7%2.8%2.2%1.4%1.1%1.8%
SEFN03Nonfrozen noncarbonated juices & drinks-0.3%1.4%1.4%0.9%0.5%0.3%0.9%
SEFPBeverage materials including coffee & tea0.3%0.2%1.0%-0.3%-0.7%0.3%0.9%
SEFP01Coffee0.4%-0.2%0.4%-0.7%-1.2%0.5%1.2%
SEFP02Other beverage materials including tea0.1%0.9%2.1%0.4%0.2%0.4%1.1%
SAF115Other food at home-0.1%0.7%0.4%0.6%0.5%1.1%1.6%
SEFT06Other miscellaneous foods1.2%0.6%0.9%0.0%0.1%1.0%1.3%
SEFWAlcoholic beverages at home-0.5%0.5%0.4%1.2%0.8%0.7%1.4%
SEFW01Beer, ale & other malt beverages at home-0.2%0.8%0.7%1.6%1.4%1.4%2.1%
SEFW02Distilled spirits at home-0.5%-0.5%-0.6%-0.1%-0.1%0.1%1.0%
SEFW03Wine at home-0.7%0.6%0.4%1.1%0.3%0.0%0.7%
SEHEFUEL OIL & OTHER FUELS1.2%-0.2%-6.1%5.6%-2.4%0.8%5.3%
SAH3HOUSEHOLD FURNISHINGS & OPERATIONS-0.4%1.2%1.6%1.0%0.3%-0.3%-0.1%
SAAAPPAREL-2.5%2.0%-1.6%-0.3%-0.4%0.0%-0.4%
SAM1MEDICAL CARE COMMODITIES-0.1%1.3%0.6%1.1%2.0%2.2%2.5%
SEMFMedicinal drugs-0.2%1.2%0.6%1.1%2.0%
SEMF01Prescription drugs-0.3%1.2%0.5%1.2%2.6%2.9%3.2%
SEMF02Nonprescription drugs0.2%1.5%0.8%0.6%0.0%
SEMGMedical equipment and supplies1.0%2.3%1.9%1.1%0.3%
SARRECREATION0.3%1.4%1.9%1.2%1.0%0.6%0.9%
SEEAEDUCATIONAL BOOKS & SUPPLIES0.5%-2.1%-1.5%-1.1%1.4%3.2%5.0%
SEGATOBACCO & SMOKING PRODUCTS0.7%5.6%5.5%5.2%4.5%3.9%5.8%
SEGBPERSONAL CARE PRODUCTS0.1%0.3%0.3%-0.2%-0.3%0.0%0.3%
SEGEMISCELLANEOUS PERSONAL GOODS-0.2%8.8%6.2%-1.5%-1.9%-1.5%-1.3%
SAGOTHER GOODS AND SERVICES0.2%2.5%2.4%2.2%2.1%1.9%2.8%
SEREOther recreational goods-0.9%-4.6%-4.2%-6.5%-6.3%-5.2%-4.7%
SERGRecreational reading materials0.4%4.9%4.9%2.7%1.9%1.6%1.7%

BLS PPI Resources & Links

PPI BLS Economic News Release BLS PPI Table 9 Detailed Report BLS PPI Table 11 Detailed Report Good LIFO Candidates