Consumer Price Index up 2.8 percent over the year ending May 2018

June 15, 2018

Over the year ending May 2018, the Consumer Price Index for All Urban Consumers (CPI-U) increased 2.8 percent before seasonal adjustment.

12-month percentage change, Consumer Price Index, selected categories, May 2018, not seasonally adjusted
Category 12-month percent change, May 2018

All items

2.8%

Food

1.2

Food at home

0.1

Cereals and bakery products

-0.2

Meats, poultry, fish, and eggs

2.3

Dairy and related products

-0.6

Fruits and vegetables

-0.4

Nonalcoholic beverages and beverage materials

-1.3

Other food at home

-0.2

Food away from home

2.7

Full service meals and snacks

2.4

Limited service meals and snacks

2.9

Energy

11.7

Energy commodities

21.7

Fuel oil

25.3

Gasoline (all types)

21.8

Energy services

0.6

Electricity

1.0

Natural gas (piped)

-0.8

All items less food and energy

2.2

Commodities less food and energy commodities

-0.3

Apparel

1.4

New vehicles

-1.1

Used cars and trucks

-1.7

Medical care commodities

2.7

Alcoholic beverages

1.4

Tobacco and smoking products

3.3

Services less energy services

3.0

Shelter

3.5

Rent of primary residence

3.6

Owners' equivalent rent of residences

3.4

Medical care services

2.3

Physicians' services

0.6

Hospital services

4.7

Transportation services

3.8

Motor vehicle maintenance and repair

1.6

Motor vehicle insurance

8.3

Airline fare

-6.6

Over the last 12 months, food prices increased 1.2 percent, with prices for food away from home rising 2.7 percent, and prices for food at home rising 0.1 percent. Prices for meats, poultry, fish, and eggs increased 2.3 percent over the last year; that was the only one of the six major grocery store food groups to increase.

Energy prices increased 11.7 percent over the past year, with prices for three of the four major components rising. Gasoline prices increased 21.8 percent, fuel oil prices rose 25.3 percent, and electricity prices increased 1.0 percent. Prices for natural gas fell 0.8 percent over the year.

Prices for all items less food and energy rose 2.2 percent over the past 12 months. Prices for shelter rose 3.5 percent over the last 12 months, and prices for medical care services rose 2.3 percent. Prices that declined over the past 12 months include those for new vehicles, airline fares, used cars and trucks, and communication.

These data are from the BLS Consumer Price Index program and are not seasonally adjusted. To learn more, see "Consumer Price Index — May 2018." Also see Charts related to the latest "U.S. Consumer Price Index" news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer Price Index up 2.8 percent over the year ending May 2018 on the Internet at https://www.bls.gov/opub/ted/2018/consumer-price-index-up-2-8-percent-over-the-year-ending-may-2018.htm (visited November 22, 2018).

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