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Consumer Prices
Highlights for April
• April’s CPI was up 3.3 percent
from its year-ago level, as consumer prices continued to rise at a moderate
pace. Data from the last several months have led forecasters to bump up
their inflation estimates for 2001 as a whole.
• Energy prices resumed their climb
in April, after falling in February and March. Over the past 12 months,
the special index that tracks energy costs for all urban consumers is
up a total of 10.3 percent.
• Medical care is another inflation
hot spot. The medical component of the CPI is up 4.6 percent from April
2000.
Year-over-Year Percent Change in
Consumer Price Index (CPI-W)
CPI-W Index Value
| |
Base |
| |
1967=100 |
1982-84=100 |
| April 2001 |
513.7 |
173.5 |
| March 2001 |
514.2 |
172.6 |
| February 2001 |
513.4 |
172.4 |
|
Source: Bureau of Labor Statistics. August reflects the Labor Department's
September revision of CPI-W as previously published. |
Consensus Inflation
Forecast
May 2001
|
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Average
annual rate |
Implies
CPI-W in
last quarter of year
will average... |
| |
|
1967=100 |
1982-84=100 |
| 2001 |
3.1% |
523.3 |
175.7 |
| 2002 |
2.5% |
536.4 |
180.1 |
The Consensus Forecast is based on a survey
of prominent economic and financial forecasters. The forecast covers
the CPI for all urban consumers (CPI-U), rather than the CPI-W used
in UAW COLA clauses. However, changes in the CPI-U and CPI-W track
one another closely. |
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Statistics in
Brief
The FMLA:
Filling the Gaps
Part-Time Workers
Still Pay a Price
Executive
Compensation
Employment in
Major UAW Industries
Employment Situation
International
Trade
Consumer Prices
Noteworthy News
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