Consumer prices up 1.0 percent from May 2015 to May 2016

June 20, 2016

The Consumer Price Index for all Urban Consumers rose 1.0 percent from May 2015 to May 2016. Over that same period, prices for all items less food and energy rose 2.2 percent. The food index rose 0.7 percent over the past year, with the index for food at home declining 0.7 percent and the index for food away from home rising 2.6 percent. The energy index declined 10.1 percent from May 2015 to May 2016, with prices for all major energy categories falling during that period.

 

 

Consumer Price Index for All Urban Consumers, percent change, May 2015 to May 2016
Spending category Percent change

Food

0.7%

Food at home

-0.7

Cereals and bakery products

-0.2

Meats, poultry, fish, and eggs

-3.2

Dairy and related products

-2.2

Fruits and vegetables

1.0

Nonalcoholic beverages and beverage materials

0.2

Other food at home

0.5

Food away from home

2.6

Full service meals and snacks

2.5

Limited service meals and snacks

2.7

Food at employee sites and schools

4.9

Food from vending machines and mobile vendors

2.7

Other food away from home

1.8

Energy

-10.1

Energy commodities

-16.9

Fuel oil and other fuels

-16.1

Motor fuel

-16.9

Energy services

-2.0

Electricity

-1.3

Utility (piped) gas service

-4.7

All items less food and energy

2.2

Commodities less food and energy commodities

-0.5

Household furnishings and supplies

-2.0

Apparel

0.5

Transportation commodities less motor fuel

-0.7

Medical care commodities

2.2

Recreation commodities

-2.6

Education and communication commodities

-4.5

Alcoholic beverages

1.1

Other goods

1.2

Services less energy services

3.2

Shelter

3.4

Water and sewer and trash collection services

4.1

Household operations

2.4

Medical care services

3.5

Transportation services

3.2

Recreation services

3.1

Education and communication services

1.7

Other personal services

3.1

The index for all items less food and energy increased 2.2 percent from May 2015 to May 2016. More than 60 percent of this increase resulted from a 3.4-percent gain in the shelter index, its largest 12-month increase since September 2007. The rent index increased 3.8 percent over the past year, while the index for owners' equivalent rent rose 3.3 percent and the index for lodging away from home rose 3.8 percent

These data are from the Consumer Price Index program and are not seasonally adjusted. For more information, see “Consumer Price Index — May 2016” (HTML) (PDF).

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up 1.0 percent from May 2015 to May 2016 on the Internet at https://www.bls.gov/opub/ted/2016/consumer-prices-up-1-percent-from-may-2015-to-may-2016.htm (visited December 11, 2018).

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