July 19, 2011 (The Editor’s Desk is updated each business day.)
Consumer Price Index increases 3.6 percent in 12 months (again)
In June, the 12-month change in the Consumer Price Index for All Urban Consumers (CPI-U) all items index remained at 3.6 percent. The change in the index for all items less food and energy edged up to 1.6 percent, its highest level since January 2010. The food index increased 3.7 percent over the last 12 months while the energy index rose 20.1 percent.
[Chart data]
The 12-month percent change in the index for all items less food and energy has been steadily rising, and most of the increase has come within the past six months. The shelter index has risen 1.2 percent over the last 12 months, the medical care index has risen 2.9 percent, and the index for new vehicles has increased 4.0 percent.
The index for food at home has risen 4.7 percent over the last 12 months; the index for food away from home has risen 2.3 percent.
Despite declines in recent months, the gasoline index has increased 35.6 percent over the past 12 months. The household energy index has risen 2.8 percent over the last 12 months, with the fuel oil index up 37.3 percent and the electricity index up 1.5 percent, but the index for natural gas down 0.8 percent.
These data come from the BLS Consumer Price Index program. To learn more, see "Consumer Price Index — June 2011" (HTML) (PDF), news release USDL-11-1035.
Related TED articles
Prices
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 »
