Jamie Pentagulio

The Bureau of Labor Statistics (BLS) released November 2023 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis):

  • All items decreased 0.2% in the last month and increased 3.1% in the last twelve months
  • Food at home fell 0.5% from October and increased 1.7% since November 2022
  • Cereals + bakery products rose 0.1% in the last month and increased 3.4% in the last twelve months
  • Meats, poultry, fish + eggs decreased 0.8% since October and rose 0.1% from November 2022
  • Dairy + related products fell 0.3% in the last month and decreased 1.4% in the last twelve months
  • Fruits + vegetables decreased 0.3% from October and increased 0.4% since November 2022
  • Other foods fell 0.7% in the last month and increased 3.0% in the last twelve months
  • Gasoline (all types) fell 7.3% since October and decreased 8.9% from November 2022
  • All items, less food and energy, rose 0.1% in the last month and increased 4.0% in the last twelve months
  • Apparel fell 3.5% from October and rose by 1.1% since November 2022
  • New vehicles decreased 0.4% in the last month and rose 1.3% in the last twelve months
  • Used cars + trucks decreased 0.7% since October and fell 3.8% from November 2022
  • Motor vehicle parts + equipment fell 0.1% in the last month and decreased 1.5% in the last twelve months
  • Medical care commodities rose 0.5% from October and increased 5.0% since November 2022
  • Alcoholic beverages fell 0.2% in the last month and increased 2.9% in the last twelve months
  • Tobacco + smoking products rose 1.1% since October and increased 7.7% from November n2022
  • Personal care products fell 0.6% in the lat month and rose 4.3% in the last twelve months

BLS CPI Historical Annual Inflation Rate Averages Through November 2023 Table For Selected Categories

BLS CPI CodeBLS CPI Category Description1MYTD1 YR 11/233Y 11/235 YR 11/2310 YR 11/2320Y 11/23
SAFFOOD & BEVERAGES-0.2%2.6%2.9%6.3%4.8%3.1%2.9%
SAF11Food at home-0.5%1.4%1.7%6.6%4.8%2.7%2.6%
SAF114Nonalcoholic beverages & beverage materials-0.6%2.5%2.9%7.0%4.8%2.7%2.2%
SEFNJuices & nonalcoholic drinks-0.7%3.1%3.6%7.2%5.2%3.1%2.3%
SEFN01Carbonated drinks-0.9%2.4%3.6%7.9%5.6%3.5%2.9%
SEFN03Nonfrozen noncarbonated juices & drinks-0.5%3.3%3.4%6.7%4.9%2.8%1.8%
SEFPBeverage materials including coffee & tea-0.5%1.1%1.2%6.6%4.0%1.8%1.9%
SEFP02Other beverage materials including tea0.5%3.5%3.6%5.6%3.7%1.9%1.6%
SAF115Other food at home-0.7%2.8%3.3%7.5%5.3%2.9%2.6%
SEFT06Other miscellaneous foods0.4%2.9%3.1%7.8%5.4%2.9%2.2%
SEFWAlcoholic beverages at home-0.4%1.3%1.5%2.4%2.1%1.5%1.6%
SEFW01Beer, ale & other malt beverages at home-0.2%1.9%2.7%3.8%3.3%2.5%2.4%
SEFW02Distilled spirits at home-0.1%1.2%1.1%2.0%1.5%0.9%0.9%
SEFW03Wine at home-0.7%0.8%0.5%1.4%1.3%0.8%0.9%
SEHEFUEL OIL & OTHER FUELS-1.6%-8.5%-19.3%19.3%7.5%2.0%5.8%
SAH3HOUSEHOLD FURNISHINGS & OPERATIONS-0.9%0.8%1.1%5.0%3.8%1.8%0.9%
SAM1MEDICAL CARE COMMODITIES0.5%4.9%5.0%2.7%1.5%1.9%2.2%
SEMFMedicinal drugs0.5%5.0%5.0%2.6%1.5%2.0%
SEMF01Prescription drugs0.5%3.7%3.8%1.8%1.0%2.2%8.5%
SEMF02Nonprescription drugs0.4%8.2%7.8%4.6%2.6%1.0%
SEMGMedical equipment and supplies0.5%2.9%5.2%5.9%1.4%0.7%
SEEAEDUCATIONAL BOOKS & SUPPLIES-1.5%-5.0%2.6%0.1%0.2%1.4%3.6%
SEGATOBACCO & SMOKING PRODUCTS1.1%7.8%6.7%7.7%6.3%5.2%5.9%
SEGBPERSONAL CARE PRODUCTS-0.6%4.4%6.7%3.8%2.2%1.0%0.8%
SEGEMISCELLANEOUS PERSONAL GOODS-0.6%-0.5%8.7%5.4%4.3%0.5%-0.1%
SAGOTHER GOODS AND SERVICES0.2%5.8%6.1%5.7%4.2%3.1%3.0%
SEREOther recreational goods-0.9%-2.1%1.6%0.4%-1.5%-4.0%-3.9%
SERGRecreational reading materials-0.3%0.8%-0.1%2.0%2.3%2.1%1.9%
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