Consumer Price Index increases 3.6 percent in 12 months (again)
July 19, 2011
In June, the 12-month change in the Consumer Price Index for All Urban Consumers (CPI-U) all items index remained at 3.6 percent. The change in the index for all items less food and energy edged up to 1.6 percent, its highest level since January 2010. The food index increased 3.7 percent over the last 12 months while the energy index rose 20.1 percent.
The 12-month percent change in the index for all items less food and energy has been steadily rising, and most of the increase has come within the past six months. The shelter index has risen 1.2 percent over the last 12 months, the medical care index has risen 2.9 percent, and the index for new vehicles has increased 4.0 percent.
The index for food at home has risen 4.7 percent over the last 12 months; the index for food away from home has risen 2.3 percent.
Despite declines in recent months, the gasoline index has increased 35.6 percent over the past 12 months. The household energy index has risen 2.8 percent over the last 12 months, with the fuel oil index up 37.3 percent and the electricity index up 1.5 percent, but the index for natural gas down 0.8 percent.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer Price Index increases 3.6 percent in 12 months (again) on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110719.htm (visited November 25, 2014).
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