CPI-Electricity fell 2.1% while overall CPI rose 1.1%
The Consumer Price Index was published Tuesday for the period through April. Electricity? The CPI for electricity has fallen 2.1 percent, April 2016 as compared with a year ago, April 2015.
During the same period, the overall CPI has risen 1.1 percent. This means electricity is significantly less expensive than it was last year.
The CPI for food has risen 0.9 percent. The CPI for all items, except food and energy, has risen 2.1 percent. The CPI for all services, except energy services, has risen 3 percent.
Any way you cut it, electricity has become cheaper.