Media Contact: Karley Sweet | 312.553.4658 | ksweet@WorldBusinessChicago.com

Consumer Price Index Shows Chicago Area at 1.7% Annual Inflation in October

November 15, 2012

This morning, the Bureau of Labor Statistics (BLS) released October 2012 figures for the Consumer Price Index, a common measure of inflation. The Chicago Metro Area Consumer Price Index for All Urban Consumers (CPI-U) decreased from last month to 223.23, meaning goods and services that cost $100.00 in the 1982-84 base period cost an additional $123.23 in October 2012. The latest figure represents a 1.7% increase over last October before seasonal adjustment.

 

 

The following chart illustrates the year-over-year percent change in Consumer Price Index for All Urban Consumers (CPI-U), before seasonal adjustment, for all US cities, the Chicago metro area and large domestic cities (1.5+ million population) over the last two years. In October, the Chicago metro’s annualized rate of change remained below rates for all cities and large cities.

 

The full press release can be found on the BLS website.

Events

2014 Great Lakes Symposium on Smart Grid and the New Energy Economy September 22, 2014 - September 25, 2014

Panel discussion “Public-Private Partnership: Municipal, Academic, and Industry Perspectives,” to include WBC President & CEO Jeff Malehorn

DatacenterDynamics Converged October 1, 2014

The DCD Converged Conference and Expo brings together the people, the processes and the technologies in order to help our delegates develop a world class data center strategy.