Consumer Prices Rose 0.3% in July
Washington, DC, August 13, 2019-The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3% in July on a seasonally adjusted basis after rising 0.1% in June, the U.S. Bureau of Labor Statistics reported.
Over the last 12 months, the all items index increased 1.8% before seasonal adjustment.
Increases in the indexes for gasoline and shelter were the major factors in the seasonally adjusted all items monthly increase. The energy index rose in July as the gasoline and electricity indexes increased, though the natural gas index declined. The index for food was unchanged for the second month in a row, as a decline in the food at home index was offset by an increase in the food away from home index.