CPI up 0.5 percent in July 2005

August 17, 2005

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U), which was unchanged in June, increased 0.5 percent in July.

Percent change from 12 months ago, Consumer Price Index for All Urban Consumers, not seasonally adjusted, July 1996–July 2005
[Chart data—TXT]

Energy costs advanced sharply, increasing 3.8 percent in July after falling 0.5 percent in June. Within energy, the index for petroleum-based energy rose 6.1 percent in July, accounting for over one-half of the increase in the overall CPI. Energy services increased 1.1 percent.

The index for food increased 0.2 percent in July. The index for fruits and vegetables, which fell 1.2 percent in June, increased 1.6 percent in July.

The index for all items less food and energy increased 0.1 percent for the third consecutive month. A decline in new vehicle prices—down 1.0 percent in July—was more than offset by increases in the indexes for airline fares and for lodging away from home.

For the 12 months ended in July 2005, the CPI-U rose 3.2 percent, as shown in the chart.

These data are from the BLS Consumer Price Index program. For more information, see "Consumer Price Index: July 2005" (PDF) (TXT), news release USDL 05-1559.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI up 0.5 percent in July 2005 on the Internet at http://www.bls.gov/opub/ted/2005/aug/wk3/art03.htm (visited July 25, 2016).

OF INTEREST

Recent editions of Spotlight on Statistics

  • A look at healthcare spending, employment, pay, benefits, and prices
    As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.

  • Employment and Wages in Healthcare Occupations
    Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.

  • Fifty years of looking at changes in peoples lives
    Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.