The U.S. government’s Consumer Price Index for November showed a 0.1 percent increase over October and 3.1 percent over November 2022.
Overall food increased 0.2 percent in November over October and 2.9 percent over November 2022.
In fruits and vegetables, prices increased 0.4 percent in November over October but fell 0.3 percent from a year ago. In fresh, the monthly index fell 0.4 percent from October but rose 0.6 percent over November 2022.
Fresh fruits were up 2.1 percent month-over-month and 1.2 percent year-over-year. Fresh vegetables were down 3.1 percent month-over-month and 0.1 percent year-over-year.
The U.S. Bureau of Labor Statistics released the November Consumer Price Index Summary December 12, 2023:
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in November on a seasonally adjusted basis, after being unchanged in October, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 3.1 percent before seasonal adjustment.
The index for shelter continued to rise in November, offsetting a decline in the gasoline index. The energy index fell 2.3 percent over the month as a 6.0-percent decline in the gasoline index more than offset increases in other energy component indexes. The food index increased 0.2 percent in November, after rising 0.3 percent in October. The index or food at home increased 0.1 percent over the month and the index for food away from home rose 0.4 percent.
Food
The food index rose 0.2 percent in November, after rising 0.3 percent the previous month. The index for food at home increased 0.1 percent over the month, after rising 0.3 percent in October. Four of the six major grocery store food group indexes increased over the month. The index for cereals and bakery products rose 0.5 percent in November after rising 0.2 percent in October. The fruits and vegetables index increased 0.3 percent over the month, and the nonalcoholic beverages index rose 0.5 percent in November. The index for dairy and related products increased 0.1 percent over the month.
The meats, poultry, fish, and eggs index decreased 0.2 percent in November as the indexes for pork, chicken, and beef all declined. The index for other food at home fell 0.1 percent over the month.
The food away from home index rose 0.4 percent in November, as it did in each of the previous 2 months. The index for full service meals rose 0.5 percent and the index for limited service meals increased 0.4 percent over the month.
The food at home index rose 1.7 percent over the last 12 months. The index for cereals and bakery products rose 3.4 percent over the 12 months ending in November. The dairy and related products index decreased 1.4 percent over the year. The remaining major grocery store food group indexes posted increases ranging from 0.1 percent (meats, poultry, fish, and eggs) to 3.3 percent (other food at home).
The index for food away from home rose 5.3 percent over the last year. The index for limited service meals rose 6.0 percent over the last 12 months, and the index for full service meals rose 4.3 percent over the same period.
