Changes in Consumer Price Index

Here is information that will be of interest to Federal retirees. According to NARFE a couple of days ago, consumer prices have jumped again. For the second month consumer prices increased more than expected, mostly due to food and fuel.

The January Consumer Price Index for Urban Wage Earners and Clerical Workers rose 0.5 percent. The index now stands at 216.400 which is .42 percent above the 2008 third quarter average of 215.495.  February consumer price indices will be released Thursday, March 17, 2011.