The Consumer Price Index edged down 0.1% in June on a seasonally adjusted annual basis, after being unchanged in May, the U.S. Bureau of Labor Statistics reported. Over the last 12 months, the all items index increased 3.0% before seasonal adjustment.
The index for all items less food and energy, the “core CPI”, rose 0.1% in June, after rising 0.2% in the preceding month.
The index for shelter increased 0.2% in June. The shelter index increased 0.4% in the previous two months, as well.
The food index rose 0.2% in June after increasing 0.1% in May. The food at home index rose 0.1% in June, after being unchanged in May. Four of the six major grocery store good group indexes increased over the month. The index for meats, poultry, fish and eggs increased 0.2%, after increasing 0.2% in May, as well. The index for other food at home rose 0.5% in June, while the index for fruits and vegetables fell 0.5%.
The energy index fell 2.0% in June, as it did in May. The gasoline index decreased 3.8%, following a 3.6% decrease in May. The fuel oil index decreased 2.4% in June, following a 0.4% decrease in May. The index for electricity decreased 0.7% over the month while the index for natural gas rose 2.4%. The energy index increased 1.0% over the past 12 months. The gasoline index fell 2.5% over this 12-month span, and the electricity index increased 4.4%. The index for natural gas and the index for fuel oil rose 3.75% and 0.8%, respectively, over the same period.
Read the BLS release.
