Jamie Pentagulio

The Bureau of Labor Statistics (BLS) released October 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis):

All items rose 0.1% in the last month and increased 2.6% in the last twelve months
Food at home increased 0.1% from September and rose 1.1% since October 2023
Cereals + bakery products rose 0.8% in the last month and increased 0.9% in the last twelve months
Meats, poultry, fish + eggs decreased 1.1% since September and rose 1.9% from October 2023
Dairy + related products rose 0.8% in the last month and increased 1.3% in the last twelve months
Fruits + vegetables increased 0.5% from September and rose 0.9% since October 2023
Other foods rose 0.1% in the last month and fell 0.2% in the last twelve months
Gasoline (all types) fell 1.9% since September and decreased 12.2% from October 2023
All items, less food and energy, rose 0.2% in the last month and increased 3.3% in the last twelve months
Apparel fell 1.7% from September and increased 0.3% since October 2023
New vehicles fell 0.2% in the last month and decreased 1.3% in the last twelve months
Used cars + trucks rose 0.4% since September and fell 3.4% from October 2023
Motor vehicle parts + equipment rose 0.1% in the last month and increased 2.3% in the last twelve months
Medical care commodities fell 0.2% from September and increased 1.0% since October 2023
Alcoholic beverages increased 0.4% in the last month and rose 1.6% in the last twelve months
Tobacco + smoking products increased 0.6% since September and increased 8.2% from October 2023
Personal care products rose 0.3% in the last month and saw no change in the last twelve months

BLS CPI Historical Annual Inflation Rate Averages Through October 2024 Table For Selected Categories:

BLS CPI CodeBLS CPI Category Description1M 10/241Y 10/243Y 10/245Y 10/2410Y 10/2420Y 10/24
SAFFOOD & BEVERAGES0.2%2.2%2.1%5.3%4.9%2.4%
SAF11Food at home0.1%1.7%1.1%5.1%4.9%2.4%
SAF114Nonalcoholic beverages & beverage materials0.5%2.2%1.7%5.8%5.3%2.6%
SEFNJuices & nonalcoholic drinks0.7%2.2%2.0%6.1%5.7%2.8%
SEFN01Carbonated drinks0.7%2.7%2.3%6.1%6.3%3.1%
SEFN03Nonfrozen noncarbonated juices & drinks0.7%1.5%1.5%5.9%5.1%2.5%
SEFPBeverage materials including coffee & tea0.1%2.4%1.1%5.1%4.2%2.1%
SEFP01Coffee0.7%2.4%-0.1%4.8%4.3%2.1%
SEFP02Other beverage materials including tea-0.7%2.3%3.0%5.5%4.2%2.1%
SAF115Other food at home0.2%1.1%0.4%6.3%5.3%2.6%
SEFT06Other miscellaneous foods0.7%0.4%0.4%6.0%5.3%2.6%
SEFWAlcoholic beverages at home-0.2%1.6%1.1%2.5%2.2%1.1%
SEFW01Beer, ale & other malt beverages at home0.1%2.7%2.6%4.4%3.6%1.8%
SEFW02Distilled spirits at home-0.4%0.7%0.1%0.9%1.8%0.9%
SEFW03Wine at home-0.3%1.1%0.3%1.5%1.2%0.6%
SEHEFUEL OIL & OTHER FUELS1.6%-7.1%-11.9%1.8%5.1%2.5%
SAH3HOUSEHOLD FURNISHINGS & OPERATIONS-0.1%0.8%-0.6%3.1%3.5%1.7%
SAAAPPAREL-1.7%5.9%0.3%2.3%1.1%0.5%
SAM1MEDICAL CARE COMMODITIES-0.2%0.6%1.0%2.9%1.5%0.7%
SEMFMedicinal drugs-0.2%0.6%0.9%2.8%1.5%0.7%
SEMF01Prescription drugs0.2%1.5%1.6%2.3%1.2%0.6%
SEMF02Nonprescription drugs-1.1%-1.0%-0.5%4.1%2.2%1.1%
SEMGMedical equipment and supplies0.0%0.3%2.1%4.5%1.7%0.8%
SARRECREATION0.3%1.0%1.0%2.8%2.7%1.3%
SEEAEDUCATIONAL BOOKS & SUPPLIES2.5%2.5%1.3%1.0%0.5%
SEGATOBACCO & SMOKING PRODUCTS0.6%5.7%6.8%6.9%6.7%3.3%
SEGBPERSONAL CARE PRODUCTS0.3%1.7%0.0%3.9%2.2%1.1%
SEGEMISCELLANEOUS PERSONAL GOODS1.5%-1.3%-2.4%3.1%2.4%1.2%
SAGOTHER GOODS AND SERVICES0.4%3.3%3.3%5.3%4.4%2.2%
SEREOther recreational goods-1.0%-1.2%-2.8%-0.4%-1.0%-0.5%
SERGRecreational reading materials3.4%4.2%3.5%2.7%2.6%1.3%
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