Prices for all items less food and energy increased 0.3 percent, up 10 basis points from December’s gain. The increase for this index was broad-based as most major components rose. The indexes for shelter and medical care were the largest contributors however, rising 0.3 and 0.4 percent respectively.
The food index was unchanged during the month after declining in November and December. The food at home index fell 0.2 percent from December – the third consecutive monthly decline, while the index for food away from home rose 0.3 percent. The food index has increased by 0.8 percent over the past year.
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