consumer price index

Those penalties also would be adjusted each year, depending on changes in the consumer price index.

Bureau of Labor Statistics’ consumer price index in April for the Los Angeles area was 3.9% — add 5% to that and you have this year’s limit of 8.9% for the county of Los Angeles.

As a result, the consumer price index for all urban consumers hit a record this past month.

The slowdown was a relief after reports for the consumer price index, or CPI, earlier this year had consistently come in worse than expected.

Last month, consumer spending for shelter accounted for about 36% of the basket of goods and services that made up the government’s consumer price index, or CPI.