July 18, 2012 (The Editor’s Desk is updated each business day.)
Consumer prices unchanged in June 2012
In June, there was no change in the seasonally adjusted Consumer Price Index for All Urban Consumers. Over the last 12 months, the all items index has increased 1.7 percent before seasonal adjustment.
[Chart data]
The food index rose 0.2 percent in June after being unchanged in May. Both the index for food at home and the index for food away from home increased in June, with food at home rising 0.1 percent and food away from home rising 0.2 percent.
The energy index declined 1.4 percent in June, following declines of 1.7 percent in April and 4.3 percent in May. The gasoline, fuel oil, and electricity indexes all fell in June, falling 2.0 percent, 7.9 percent, and 0.5 percent, respectively. In contrast to these declines, the index for natural gas turned up in June, rising 1.7 percent after declining 4.1 percent in May.
The index for all items less food and energy increased 0.2 percent in June, the fourth straight such increase. Over the last 12 months, the index has risen 2.2 percent, a slight decrease from the 2.3 percent figure of March, April and May, but still above the 1.9-percent average annualized increase for the past ten years.
These data are from the BLS Consumer Price Index program. For more information, see "Consumer Price Index — June 2012" (HTML) (PDF), news release USDL-12-1417.
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