Consumer prices rise 0.5 percent in June

July 19, 2000

/cpi/cpirev01.htmOn September 28, 2000, the BLS released revised Consumer Price Indexes for January through August 2000. The article on this page contains revised data. For further information see 'Revisions in January to August 2000 CPI Data' available from the Consumer Price Index Homepage.

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.5 percent in June after increasing 0.1 percent in May. For the 12-month period ended in June, the CPI-U increased 3.7 percent.

Percent change from 12 months ago, Consumer Price Index for All Urban Consumers, not seasonally adjusted, June 1991-June 2000
[Chart data—TXT]

The energy index, which declined 1.9 percent in May, increased 5.6 percent in June, accounting for three-fourths of the overall CPI-U advance. The index for petroleum-based energy rose 8.1 percent, and the index for energy services increased 2.9 percent. The food index, which advanced 0.5 percent in May, increased 0.1 percent in June. Excluding food and energy, the CPI-U rose 0.2 percent in June, the same as in both April and May.

Consumer prices rose at a seasonally adjusted annual rate of 2.6 percent in the second quarter after advancing at a 6.1 percent rate in the first three months of 2000. This brings the year-to-date annual rate to 4.3 percent and compares with an increase of 2.7 percent for all of 1999.

These data are a product of the BLS Consumer Price Index program.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices rise 0.5 percent in June on the Internet at http://www.bls.gov/opub/ted/2000/jul/wk3/art03.htm (visited July 30, 2016).

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