U.S. flag

An official website of the United States government

Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

April 2012

Impact of commodity price movements on CPI inflation

Richa Ajmera, Nancy Kook, Jeff Crilley

An analysis of price movements of four commodities–crops, animal slaughter and processing, dairy, and oil and gas– reveals that only oil and gas prices had a considerable impact on CPI inflation; thus, even large increases in the prices of the first three of these commodities do not necessarily contribute substantially to inflation.

Download PDF »