September 28, 2000 (The Editor’s Desk is updated each business day.)

Consumer prices rise 0.2 percent in July

/cpi/cpirev01.htmOn September 28, 2000, the BLS released revised Consumer Price Indexes for January through August 2000. The article on this page contains revised data. For further information see 'Revisions in January to August 2000 CPI Data' available from the Consumer Price Index Homepage.

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2 percent in July after increasing 0.5 percent in June. For the 12-month period ended in July, the CPI-U increased 3.7 percent.

Percent change from 12 months ago, Consumer Price Index for All Urban Consumers, not seasonally adjusted, July 1991-July 2000
[Chart data—TXT]

The energy index, which advanced 5.6 percent in June, rose 0.1 percent in July. A 2.0 percent increase in the index for energy services was largely offset by a 1.6 percent decline in the index for petroleum-based energy.

The food index advanced 0.5 percent in July, following a 0.1 percent increase in June. The index for food at home rose 0.7 percent, reflecting increases of 1.0 percent each in the indexes for fruits and vegetables, for cereals and bakery products, and for nonalcoholic beverages. Excluding food and energy, the CPI-U rose 0.2 percent in July, the same as in each of the previous three months.

During the first seven months of 2000, the CPI-U rose at a 4.1 percent seasonally adjusted annual rate (SAAR). This compares with an increase of 2.7 percent for all of 1999.

These data are a product of the BLS Consumer Price Index program.

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