WASHINGTON – The consumer price index fell 1.7% last month, the Labor Department reported today.
The CPI was 1.1% higher than in November 2007. In October, consumer prices fell 1%.
Excluding food and energy costs, the CPI was unchanged in November, after falling .1% in October.
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Energy prices fell 17%, transportation prices fell 9.8% and clothing prices increased .1%.
Food and beverages, medical care and education increased .2%, and recreation prices were unchanged.
Housing prices fell .1%.
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