Consumer Price Index Increased Slightly in May

Washington, DC, June 18, 2015—The Consumer Price Index for All Urban Consumers increased 0.4% in May on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reports.

Over the last 12 months, the all items index was unchanged before seasonal adjustment.

The gasoline index increased sharply in May, rising 10.4% and accounting for most of the seasonally adjusted all items increase.

Other energy indexes were mixed, with the fuel oil index rising but the electricity index declining and the index for natural gas unchanged.

The food index was unchanged for the second month in a row, as a decline in the food at home index offset an increase in the index for food away from home.