Consumer Price Index: Inflation Increased 0.6%

February 6, 2018 | 1 Comment

Consumers paid 2.0% more in November 2017 than they did a year ago for the basket of goods and services included in the Consumer Price Index [CPI], and the level of inflation increased six percentage points from the 1.4% measured in October 2017.

This is according to the latest Consumer Price Index, which said, “Between October 2017 and November 2017, the average cost of goods and services in the CPI increased by 0.1%. The all-items index rose to 104.2 in November. This means that the basket of goods and services that cost $100.00 in April 2015 now costs $104.20.

“The Transport & Foreign Travel sector was the largest contributor to CPI in November. The average cost of premium fuels [+9.4%] propelled the sector to rise 6.0% year-over-year. In addition, the Tobacco & Liquor sector and the Food sector rose 9.3% and 2.8%, respectively.”

The full November 2017 Consumer Price Index follows below [PDF here]:

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  1. PANGAEA says:

    Every time the cost of living increases the value of the dollar goes down .

    Do you not see the small changes dripping away which all add up and yet no body does any thing about it.

    Just look at it this way, it is the same as getting a cut in your pay check, your money does not go as far and you are to blame.

    For some hardship has found a new level, sacrifice is inevatable the quality of life slowly deteriates.

    Where is the money comming from, is it from another mans pocket? you would be so lucky, he is hurting also !

    You can’t get a second job because they are not out there.

    We need a economic forum, something has got to give, could it be your tax burden which is “charity discuised as taxes”.

    The very worst thing any body can do is to buy on credit.get rid of your cards !

    Buy what you need not what you want.

    We wanted a new Airport but we did not need it.

    By the way our trash got picked up yesterday thank you,it is apreciated .

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