The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent in October on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today.
Over the last 12 months, the all items index increased 1.0 percent before seasonal adjustment.
The gasoline index fell 2.9 percent in October and led to the seasonally adjusted decline in the all items index.
Read the detailed report from the
Bureau of Labor Statistics
+Bob DeMarco is a citizen journalist and twenty year Wall Street veteran.
