{"id":563,"date":"2014-08-19T12:34:11","date_gmt":"2014-08-19T16:34:11","guid":{"rendered":"http:\/\/www.c2ig.com\/?p=563"},"modified":"2014-08-19T12:34:11","modified_gmt":"2014-08-19T16:34:11","slug":"consumer-price-index-july-2014","status":"publish","type":"post","link":"http:\/\/www.c2ig.com\/2014\/08\/consumer-price-index-july-2014\/","title":{"rendered":"Consumer Price Index – July 2014"},"content":{"rendered":"

United States Department of Labor<\/p>\n

August 19, 2014
\nThe Consumer Price Index for All Urban Consumers (CPI-U) increased
\n0.1 percent in July on a seasonally adjusted basis, the U.S. Bureau
\nof Labor Statistics reported today. Over the last 12 months, the all
\nitems index increased 2.0 percent before seasonal adjustment.<\/p>\n

The all items index posted its smallest seasonally adjusted increase
\nsince February; the indexes for shelter and food rose, but were
\npartially offset by declines in the energy index and the index for
\nairline fares. The food index rose 0.4 percent in July, with the food
\nat home index also rising 0.4 percent after being unchanged in June.
\nThe decrease in the energy index was its first since March and featured
\ndeclines in the indexes of all the major energy components.<\/p>\n

The index for all items less food and energy increased 0.1 percent in
\nJuly, the same increase as in June. Along with the shelter index, the
\nindexes for medical care, new vehicles, personal care, and apparel all
\nincreased in July. Along with the index for airline fares, the indexes
\nfor recreation, for used cars and trucks, for household furnishings and
\noperations, and for tobacco all declined in July.<\/p>\n

The all items index increased 2.0 percent over the last 12 months, a
\nslight decline from the 2.1 percent figure for the 12 months ending June.
\nThe index for all items less food and energy rose 1.9 percent over the
\nlast 12 months, the same figure as for the 12 months ending June. The
\nenergy index has increased 2.6 percent, and the food index has risen 2.5
\npercent over the span.<\/p>\n

Consumer Price Index Data for July 2014<\/p>\n

Food<\/p>\n

The food index rose 0.4 percent in July, its fifth increase at least that
\nlarge in the last 6 months. The food at home index also rose 0.4 percent
\nin July, with no declines among the six major grocery store food groups.
\nThe largest increase was posted by the other food at home index, which
\nrose 0.7 percent, its largest increase since August 2011. The index for
\nnonalcoholic beverages rose 0.5 percent in July, and the cereals and
\nbakery products index increased 0.4 percent. The index for meats, poultry,
\nfish, and eggs rose 0.3 percent, as did the dairy and related products
\nindex. The only major grocery store food group index not to rise in July
\nwas fruits and vegetables, which was unchanged. The index for fresh fruits
\nrose 1.0 percent, but the fresh vegetables index fell 1.1 percent. The food
\nat home index has risen 2.7 percent over the last 12 months. The index for
\nmeats, poultry, fish, and eggs has increased 7.6 percent over the span and
\nthe index for dairy and related products has risen 4.3 percent. The index
\nfor food away from home rose 0.3 percent in July after increasing 0.2 percent
\nin each of the 2 previous months. It has risen 2.4 percent over the last
\n12 months.<\/p>\n

Energy<\/p>\n

The energy index, which had risen in each of the last 3 months, fell 0.3
\npercent in July as all of its components posted modest declines. The
\ngasoline index fell after a series of increases, declining 0.3 percent.
\n(Before seasonal adjustment, gasoline prices decreased 1.5 percent.) The
\nelectricity index also fell 0.3 percent in July; it has now risen three
\ntimes and fallen three times over the last 6 months. The fuel oil index
\nfell 0.7 percent in July; this was its smallest decline in the last 5 months.
\nThe index for natural gas fell 0.4 percent, its third decline in a row.
\nDespite the July declines, all the major energy component indexes have
\nincreased over the past 12 months. The index for natural gas has risen
\n6.9 percent and the electricity index has advanced 4.0 percent. The fuel
\noil index has risen 2.2 percent, and the gasoline index has increased 0.8
\npercent.<\/p>\n

All items less food and energy<\/p>\n

The index for all items less food and energy increased 0.1 percent in July,
\nthe same increase as in June. The shelter index, which rose 0.2 percent in
\nJune, advanced 0.3 percent in July. The indexes for rent and owners\u2019
\nequivalent rent both increased 0.3 percent, while the lodging away from
\nhome index rose 0.2 percent. The medical care index rose 0.2 percent in
\nJuly. The index for medical care commodities rose 0.3 percent, with the
\nindex for prescription drugs increasing 0.5 percent. The index for medical
\ncare services increased 0.1 percent, with the hospital services index rising
\n0.4 percent but the index for physicians\u2019 services declining 0.2 percent.
\nThe index for new vehicles, which fell 0.3 percent in June, rose 0.3 percent
\nin July. The index for personal care also rose 0.3 percent, and the apparel
\nindex advanced 0.2 percent. In contrast to these increases, the index for
\nairline fares fell sharply in July, declining 5.9 percent after rising 10.9
\npercent over the previous 5 months. The index for used cars and trucks fell
\n0.3 percent, its third consecutive decline. The tobacco index, which rose
\n1.0 percent in June, also declined 0.3 percent in July, while the indexes
\nfor recreation and for household furnishings and operations both declined
\n0.1 percent.<\/p>\n

The index for all items less food and energy has risen 1.9 percent over the
\nlast 12 months. The shelter index has risen 2.9 percent over this span, and
\nthe medical care index has increased 2.6 percent. Indexes that rose more
\nslowly over the last 12 months include the apparel index (0.3 percent) and
\nthe indexes for new vehicles and for used cars and trucks (both 0.2 percent).
\nThe indexes for airline fares and for household furnishings and operations
\nboth declined over the past year.<\/p>\n

Not seasonally adjusted CPI measures<\/p>\n

The Consumer Price Index for All Urban Consumers (CPI-U) increased 2.0 percent
\nover the last 12 months to an index level of 238.250 (1982-84=100). For the month,
\nthe index was unchanged prior to seasonal adjustment.<\/p>\n

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)
\nincreased 1.9 percent over the last 12 months to an index level of 234.525
\n(1982-84=100). For the month, the index fell 0.1 percent prior to seasonal adjustment.<\/p>\n

The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 1.9
\npercent over the last 12 months. For the month, the index fell 0.1 percent on a not
\nseasonally adjusted basis. Please note that the indexes for the post-2012 period are
\nsubject to revision.
\nThe Consumer Price Index for August 2014 is scheduled to be released on Wednesday,
\nSeptember 17, 2014, at 8:30 a.m. (EDT).<\/p>\n","protected":false},"excerpt":{"rendered":"

United States Department of Labor August 19, 2014 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in July on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, … Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"acf":[],"_links":{"self":[{"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/posts\/563"}],"collection":[{"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/comments?post=563"}],"version-history":[{"count":1,"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/posts\/563\/revisions"}],"predecessor-version":[{"id":564,"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/posts\/563\/revisions\/564"}],"wp:attachment":[{"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/media?parent=563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/categories?post=563"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.c2ig.com\/wp-json\/wp\/v2\/tags?post=563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}