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Over the 12 months from August 2017 to August 2018, the Consumer Price Index for All Urban Consumers (CPI-U) rose 2.7 percent, not seasonally adjusted. The August increase was smaller than the 2.9 percent increase for the 12 months ending July 2018.
Expenditure category | 12-month percent change, August 2017–August 2018 | Relative importance, July 2018 |
---|---|---|
All items |
2.7% | 100.000% |
Food |
1.4 | 13.224 |
Food at home |
0.5 | 7.259 |
Cereals and bakery products |
0.3 | 0.955 |
Meats, poultry, fish, and eggs |
1.1 | 1.610 |
Dairy and related products |
0.0 | 0.723 |
Fruits and vegetables |
0.9 | 1.279 |
Nonalcoholic beverages and beverage materials |
0.2 | 0.857 |
Other food at home |
0.1 | 1.835 |
Food away from home |
2.6 | 5.965 |
Energy |
10.2 | 8.079 |
Energy commodities |
20.4 | 4.634 |
Fuel oil |
30.9 | 0.117 |
Motor fuel |
20.3 | 4.445 |
Gasoline (all types) |
20.3 | 4.351 |
Energy services |
-0.4 | 3.445 |
Electricity |
-0.5 | 2.688 |
Utility (piped) gas service |
0.1 | 0.756 |
All items less food and energy |
2.2 | 78.697 |
Commodities less food and energy commodities |
-0.2 | 19.582 |
Apparel |
-1.4 | 3.006 |
New vehicles |
0.3 | 3.722 |
Used cars and trucks |
1.3 | 2.429 |
Medical care commodities |
0.3 | 1.719 |
Alcoholic beverages |
1.4 | 0.959 |
Tobacco and smoking products |
3.3 | 0.647 |
Services less energy services |
3.0 | 59.115 |
Shelter |
3.4 | 32.811 |
Medical care services |
1.9 | 6.897 |
Transportation services |
3.9 | 5.967 |
Note: These data are not seasonally adjusted. |
Prices for food, which had a relative importance weight of 13.2 percent, increased 1.4 percent over the 12 months ended August 2018. Prices for food at home rose 0.5 percent. Prices for meats, poultry, fish, and eggs increased 1.1 percent over the last year, the largest increase among the six major grocery store food groups. Prices for food away from home increased 2.6 percent.
Prices for energy, which had a relative importance weight of 8.1 percent, increased 10.2 percent over the past year. Motor fuel prices (which include gasoline) increased 20.3 percent and fuel oil prices rose 30.9 percent. Electricity prices decreased 0.5 percent.
Prices for all items less food and energy, which accounted for 78.7 percent of consumer spending, rose 2.2 percent over the past 12 months. Shelter prices rose 3.4 percent over the last 12 months, prices for medical care services increased 1.9 percent, while transportation services prices were up 3.9 percent.
These data are from the Consumer Price Index program and are not seasonally adjusted. To learn more, see "Consumer Price Index — August 2018." Also see more charts related to the latest Consumer Price Index news release.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up 2.7 percent over year ended August 2018 at https://www.bls.gov/opub/ted/2018/consumer-prices-up-2-point-7-percent-over-year-ended-august-2018.htm (visited October 03, 2024).