Consumer Price Index Up 0.1% in July

Washington, DC, August 19, 2015—The Consumer Price Index for All Urban Consumers increased 0.1% in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics has reported.

Over the last 12 months, the all items index rose 0.2% before seasonal adjustment.

The indexes for food, energy, and all items less food and energy all rose slightly in July. The food index rose 0.2% as all six major grocery store food group indexes increased. The energy index rose 0.1% as an increase in the gasoline index more than offset declines in other energy component indexes.

The index for all items less food and energy also rose 0.1% in July.

A 0.4% advance in the shelter index was the main contributor to the increase, though the indexes for medical care and apparel also rose.

In contrast, the index for airline fares fell sharply, and the indexes for used cars and trucks, household furnishings and operations, and new vehicles all declined. 

The all items index increased 0.2% for the 12 months ending July. The 12-month change has been rising since April.

The index for all items less food and energy increased 1.8% for the 12 months ending July; this was the fourth time in 5 months the 12-month change was 1.8%.

The food index increased 1.6% over the last 12 months.

The energy index, however, continues to show a 12-month decline, falling 14.8% over the past year.