July 19, 2007 (The Editor’s Desk is updated each business day.)

CPI in June 2007

On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) advanced 0.2 percent in June, following a 0.7-percent increase in May.

Percent change from 12 months ago, Consumer Price Index for All Urban Consumers, not seasonally adjusted, June 1998-June 2007
[Chart data—TXT]

The index for energy, which had increased sharply in each of the preceding three months, declined 0.5 percent in June. The index for petroleum-based energy decreased 0.9 percent and the index for energy services fell 0.1 percent.

The food index rose 0.5 percent in June with grocery store food prices up 0.6 percent.

The index for all items less food and energy advanced 0.2 percent in June, following a 0.1-percent rise in May. A larger increase in the index for shelter and an upturn in the index for new and used vehicles were responsible for the larger advance.

Consumer prices increased at a seasonally adjusted annual rate (SAAR) of 5.2 percent in the second quarter after advancing at a 4.7-percent rate in the first three months of 2007. This brings the year-to-date annual rate to 5.0 percent and compares with an increase of 2.5 percent in all of 2006.

For the 12 months ended in June 2007, the CPI-U rose 2.7 percent, as shown in the chart.

These data are from the BLS Consumer Price Index program. To learn more, see "Consumer Price Index: June 2007" (PDF) (TXT), news release USDL 07-1094.

Happy 10th Birthday, TED!

The very first issue of The Editor's Desk (TED) was posted on September 28, 1998. TED was the first online-only publication of the Bureau of Labor Statistics. For 10 years, BLS has been committed to posting a new TED article each business day, for a total of over 2,400 articles so far.

Find out more about the story of TED