CPI in July 2007
August 16, 2007
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) advanced 0.1 percent in July, following a 0.2-percent increase in June.
The index for energy declined for the second consecutive month, down 1.0 percent in July. The index for petroleum-based energy decreased 1.4 percent. The index for energy services fell 0.5 percent, resulting from a 1.7-percent decline in the index for natural gas.
The food index rose 0.3 percent in July, reflecting a 0.5-percent increase in food away from home. The index for food at home rose 0.1 percent in July after registering average monthly increases of 0.6 percent in the first six months of the year.
The index for all items less food and energy advanced 0.2 percent in July, the same as in June. A smaller increase in the index for shelter was offset by an advance in the apparel index and larger increases in the indexes for medical care and for new and used vehicles.
For the 12 months ended in July 2007, the CPI-U rose 2.4 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI in July 2007 on the Internet at http://www.bls.gov/opub/ted/2007/aug/wk2/art04.htm (visited July 02, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.