July 15, 2005 (The Editor’s Desk is updated each business day.)
CPI unchanged in June 2005
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in June, following a decrease of 0.1 percent in May.
![Percent change from 12 months ago, Consumer Price Index for All Urban Consumers, not seasonally adjusted, June 1996June 2005](https://webarchive.library.unt.edu/web/20120925102004im_/http://www.bls.gov/opub/ted/images/2005/jul/wk2/art05.gif)
[Chart data—TXT]
Energy costs declined for the second consecutive month--down 0.5 percent in June. Within energy, the index for petroleum-based energy decreased 0.8 percent and the index for energy services decreased 0.2 percent.
The index for food rose 0.1 percent, as a 0.3-percent increase in the index for food away from home more than offset a 0.3-percent decline in the index for food at home.
The index for all items less food and energy increased 0.1 percent in June, the same as in May. An upturn in shelter costs was offset by declines or smaller increases in most other non-food and non-energy indexes.
Consumer prices increased at a seasonally adjusted annual rate (SAAR) of 1.9 percent in the second quarter after advancing at a 4.3-percent rate in the first three months of 2005. This brings the year-to-date annual rate to 3.1 percent and compares with an increase of 3.3 percent in all of 2004.
For the 12 months ended in June 2005, the CPI-U rose 2.5 percent, as shown in the chart.
These data are from the BLS Consumer Price Index program. For more information, see
"Consumer Price Index: June 2005" (PDF) (TXT),
news release USDL 05-1292.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
.
Read more »