March 2012 Consumer Price Index

Between March 2011 and March 2012, consumer prices were up 1.9%, following a 2.6% increase in February. With the result of slower year over year increases in prices for food and energy, there difference was 0.7%.

We did see a decline in food prices in March 2012 which resulted in only a 2.2% increase.  February there was a 4.1% increase.

Below is the list of the 8 major components that make up the Consumer Price Index.

 

  February March
All-items Consumer Price Index 2.6 1.9
Food 4.1 2.2
Shelter 1.9 1.6
Household operations, furnishings and equipment 2.5 2.1
Clothing and footwear 2.8 0.4
Transportation 4.2 3.8
Health and personal care 2.1 1.6
Recreation, education and reading -0.1 0
Alcoholic beverages and tobacco products 1.2 2

Constantine Isslamow

Constantine Isslamow

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CENTURY 21 United Realty Inc., Brokerage*
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