Consumer Price Index Rose by 0.2% in June

Washington, DC, July 15, 2016—The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in June, the U.S. Bureau of Labor Statistics has reported.

Over the last 12 months, the all items index rose 1.0% before seasonal adjustment.

For the second consecutive month, increases in the indexes for energy and all items less food and energy more than offset a decline in the food index to result in the seasonally adjusted all items increase. The food index fell 0.1%, with the food at home index declining 0.3%. The energy index rose 1.3%, due mainly to a 3.3% increase in the gasoline index; the indexes for natural gas and electricity declined.

The index for all items less food and energy increased 0.2% in June. The shelter index rose 0.3%, and a broad array of indexes also increased, including medical care, education, airline fares, motor vehicle insurance, and recreation. In contrast, the indexes for used cars and trucks, apparel, communication, and household furnishings and operations all declined in June.