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Consumer Price Index - March 2011

The Consumer Price Index for All Urban Consumers (CPI-U) increased
0.5 percent in March on a seasonally adjusted basis, the U.S. Bureau
of Labor Statistics reported today. Over the last 12 months, the all
items index increased 2.7 percent before seasonal adjustment.

Gasoline and food prices continued to rise and together accounted for
almost three quarters of the seasonally adjusted all items increase
in March. The gasoline index posted its ninth consecutive increase
and has now risen 14.4 percent over the last three months. The
household energy index rose as well, with advances in the fuel oil
and electricity indexes more than offsetting a decline in the index
for natural gas. The food at home index continued to accelerate in
March, rising 1.1 percent as all six major grocery store food groups
increased.

The index for all items less food and energy rose 0.1 percent in
March, a smaller increase than in the previous two months. The index
for shelter rose slightly, as did the index for medical care. Several
transportation indexes posted significant increases, including new
vehicles, used cars and trucks, and airline fares. In contrast, the
indexes for apparel and for household furnishings and operations both
declined in March.

The all items index rose 2.7 percent in the last 12 months, the
largest increase since December 2009. The energy index has now risen
15.5 percent over the last 12 months, with the gasoline index up 27.5
percent. The food index has risen 2.9 percent with the food at home
index up 3.6 percent. The index for all items less food and energy
has increased 1.2 percent with the shelter index up 0.9 percent.


Table A. Percent changes in CPI for All Urban Consumers (CPI-U): U.S. city
average


Seasonally adjusted changes from
preceding month
Un-
adjusted
12-mos.
Sep. Oct. Nov. Dec. Jan. Feb. Mar. ended
2010 2010 2010 2010 2011 2011 2011 Mar.
2011

All items.................. .2 .2 .1 .4 .4 .5 .5 2.7
Food...................... .3 .1 .2 .1 .5 .6 .8 2.9
Food at home............. .4 .1 .2 .2 .7 .8 1.1 3.6
Food away from home (1).. .3 .1 .1 .1 .2 .2 .3 1.9
Energy.................... 1.1 2.5 .1 4.0 2.1 3.4 3.5 15.5
Energy commodities....... 2.2 4.4 .7 6.4 4.0 4.8 5.5 27.5
Gasoline (all types).... 2.2 4.5 .7 6.7 3.5 4.7 5.6 27.5
Fuel oil (1)............ .8 4.7 4.2 4.9 6.8 5.8 6.2 34.0
Energy services.......... -.4 .0 -.8 .6 -.6 1.1 .2 -.6
Electricity............. -.1 .2 .6 .3 -.5 .4 .7 1.0
Utility (piped) gas
service.............. -1.4 -.6 -5.3 1.7 -1.2 3.4 -1.4 -5.5
All items less food and
energy................. .0 .0 .1 .1 .2 .2 .1 1.2
Commodities less food and
energy commodities.... -.2 -.2 .0 -.1 .2 .2 .1 .2
New vehicles............ .1 -.1 -.2 -.1 -.1 1.0 .7 1.6
Used cars and trucks.... -.4 -.6 .1 -.1 -.3 .1 .8 2.3
Apparel................. -.5 -.2 .1 .1 1.0 -.9 -.5 -.6
Medical care commodities
(1).................. .3 .1 .2 .1 .5 .7 .5 2.8
Services less energy
services.............. .1 .1 .2 .1 .1 .2 .2 1.6
Shelter................. .0 .1 .1 .1 .1 .1 .1 .9
Transportation services .3 .3 .4 .2 .6 .5 .5 3.7
Medical care services... .7 .2 .2 .3 -.1 .4 .1 2.7

1 Not seasonally adjusted.



Consumer Price Index Data for March 2011

Food

The food index rose 0.8 percent in March after rising 0.6 percent in
February. The food at home index increased 1.1 percent in March and
has risen 2.7 percent over the past three months. All six major
grocery store food groups increased in March, with increases ranging
from 0.5 percent for cereals and bakery products to 1.9 percent for
fruits and vegetables. Within the fruits and vegetables component,
the fresh vegetables index rose 4.7 percent in March after a 6.7
percent increase in February, as indexes for potatoes, lettuce, and
tomatoes all posted significant increases. The index for dairy and
related products increased 1.3 percent, while the index for meats,
poultry, fish, and eggs rose 1.1 percent. The index for nonalcoholic
beverages increased 0.8 percent as the coffee index climbed 3.5
percent. Over the past 12 months, the index for food at home has
risen 3.6 percent with the index for meats, poultry, fish and eggs up
7.9 percent. The index for food away from home increased 0.3 percent
in March, its largest increase since September, and has risen 1.9
percent over the past 12 months.

Energy

The energy index rose 3.5 percent in March after increasing 3.4
percent in February. It has increased for nine months in a row,
rising 23.7 percent since June 2010. The gasoline index rose 5.6
percent in March after a 4.7 percent increase in February. (Before
seasonal adjustment, gasoline prices rose 11.7 percent in March.) The
index for household energy advanced 0.6 percent in March after a 1.3
percent increase in February. The fuel oil index rose 6.2 percent and
has increased 37.2 percent in the last six months. The index for
electricity increased 0.7 percent in March, while the index for
natural gas declined 1.4 percent. The household energy index has
risen 1.2 percent over the last 12 months, with the fuel oil index up
34.0 percent and the electricity index up 1.0 percent but the index
for natural gas down 5.5 percent.

All items less food and energy

The index for all items less food and energy rose 0.1 percent in
March after increasing 0.2 percent in each of the previous two
months. The shelter index increased 0.1 percent for the sixth month
in a row, with rent and owners' equivalent rent both increasing 0.1
percent in March, as they did in February. Several transportation
indexes increased in March; the new vehicles index rose 0.7 percent
after a 1.0 percent increase in February, and the index for used cars
and trucks rose 0.8 percent. The airline fares index also continued
to rise, increasing 1.9 percent. The medical care index increased 0.2
percent in March after a 0.4 percent increase in February, with the
medical care commodities index rising 0.5 percent and the index for
medical care services advancing 0.1 percent. The recreation index was
unchanged in March after a 0.3 percent increase in February, while
several indexes posted declines in March. The apparel index fell 0.5
percent after a 0.9 percent decrease in February. The index for
household furnishings and operations turned down in March, falling
0.1 percent after rising by that amount in February. Similarly, the
index for personal care fell 0.2 percent in March after rising in
each of the previous two months.

The index for all items less food and energy increased 1.2 percent
over the last 12 months. This change is above the low of 0.6 percent
in October, but is still below the 1.9 percent average over the last
10 years. The indexes for shelter, new vehicles, used cars and
trucks, airline fares, and medical care are among those that have
increased over the past year; the indexes for apparel, household
furnishings and operations, and recreation have declined.

Not seasonally adjusted CPI measures

The Consumer Price Index for All Urban Consumers (CPI-U) increased
2.7 percent over the last 12 months to an index level of 223.467
(1982-84=100). For the month, the index increased 1.0 percent prior
to seasonal adjustment.

The Consumer Price Index for Urban Wage Earners and Clerical Workers
(CPI-W) increased 3.0 percent over the last 12 months to an index
level of 220.024 (1982-84=100). For the month, the index rose 1.1
percent prior to seasonal adjustment.

The Chained Consumer Price Index for All Urban Consumers (C-CPI-U)
increased 2.5 percent over the last 12 months. For the month, the
index increased 0.9 percent on a not seasonally adjusted basis.
Please note that the indexes for the post-2009 period are subject to
revision.

The Consumer Price Index for April 2011 is scheduled to be released
on Friday, May 13, 2011, at 8:30 a.m. (EDT).

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