Bob Richardson

The Bureau of Labor Statistics (BLS) released October 2019 Consumer Price Indexes (CPI) today. The All commodities index increased by 0.2% over the last month & has increased 1.8% over the last year on a seasonally unadjusted basis. Candy and chewing gum increased by 3% from September to October ’19 and rose by 4.9% from October ’18 – ’19. Sporting goods increased by 0.5% from September-October ’19 and rose by 4.3% from October ’18 – ’19. Cigarettes rose by 5.1% over the last month and increased by 0.6% over the last year. Household paper products rose 0.4% over the last month and 3.7% over the last year. Newspapers and magazines showed an increase 0.2% between September-October ’19 and 2.3% between October ’18 – ’19.

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

BLS CPI CodeBLS CPI Category Description1M 10/19YTD 10/191Y 10/193Y 10/195Y 10/1910Y 10/1920Y 10/19
SAFFOOD & BEVERAGES0.2%1.4%1.8%1.5%1.2%1.7%2.3%
SAF11Food at home0.2%0.6%0.6%0.5%0.0%1.3%1.9%
SAF114Nonalcoholic beverages & beverage materials0.3%1.4%1.3%0.8%0.5%0.5%1.2%
SEFNJuices & nonalcoholic drinks0.7%1.8%1.9%1.3%1.0%0.6%1.3%
SEFN01Carbonated drinks0.8%3.6%2.6%2.0%1.4%1.1%1.8%
SEFN03Nonfrozen noncarbonated juices & drinks0.2%1.7%2.0%1.4%1.1%1.8%2.3%
SEFPBeverage materials including coffee & tea0.3%1.0%1.0%0.5%0.0%1.3%1.9%
SEFP02Other beverage materials including tea0.3%2.1%1.3%1.2%0.8%0.6%1.3%
SAF115Other food at home-0.6%2.9%0.8%1.6%1.2%0.9%1.7%
SEFT06Other miscellaneous foods1.0%1.7%1.8%0.8%0.5%0.4%0.9%
SEFWAlcoholic beverages at home-0.3%-0.1%-0.6%-0.2%-0.6%0.2%0.9%
SEFW01Beer, ale & other malt beverages at home-0.5%-0.6%-1.5%-0.8%-1.2%0.3%1.1%
SEFW02Distilled spirits at home-0.1%0.8%1.0%0.8%0.3%0.4%1.1%
SEFW03Wine at home0.0%0.8%0.6%0.4%0.5%1.0%1.6%
SEHEFUEL OIL & OTHER FUELS0.0%-0.6%1.0%0.2%0.3%0.8%1.2%
SAH3HOUSEHOLD FURNISHINGS & OPERATIONS0.1%1.0%1.1%1.0%0.9%0.8%1.5%
SAM1MEDICAL CARE COMMODITIES-1.3%-0.1%0.0%0.1%0.2%0.0%1.0%
SEMFMedicinal drugs-0.5%1.3%0.8%0.9%0.5%0.0%0.7%
SEMF01Prescription drugs2.0%-1.4%-8.9%5.1%-3.2%1.3%5.4%
SEMF02Nonprescription drugs0.1%1.6%1.8%0.8%0.2%-0.3%-0.1%
SEMGMedical equipment and supplies-0.7%4.7%-2.3%-0.9%-0.8%0.2%-0.3%
SEGATOBACCO & SMOKING PRODUCTS1.4%1.4%1.0%0.5%2.4%3.0%3.3%
SAGOTHER GOODS AND SERVICES0.5%1.1%1.8%1.0%0.8%0.6%0.9%
SEREOther recreational goods-0.7%-2.6%-2.0%-0.7%1.5%3.2%4.7%
SERGRecreational reading materials0.6%4.8%4.9%5.0%4.4%3.9%5.7%

BLS PPI Resources & Links

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