CONSUMER PRICE INDEX RISES 0.5 PERCENT IN JANUARY
February 24, 2008
The Consumer Price Index (CPI) rose 0.5 percent in January, the U.S. Dept. of Labor reported today. January’s CPI level of 211.080 represents a 4.3 percent increase from January 2007, an increase largely fueled by a hike in food costs. The CPI for urban wage earners and clerical workers rose 0.5 percent in January to 206.744, a 4.6 percent increase for the same period a year ago. The index for housing climbed 0.2 percent in January, and the index for shelter remained unchanged from December at 0.3 percent.
Posted in All Things San Diego, Lending, Local Business, Real Estate
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