BLS Releases July 2018 Consumer Price Index (July 2018)

According to the Bureau of Labor Statistics the Consumer Price Index for all urban consumers (CPI-U) increased 0.2 percent in July of 2018 on a seasonally-adjusted basis.  An increase in the index for shelter was the main contributor to the monthly increase.

Excluding the volatile costs of food and energy the index for all items less food and energy rose by 0.2 percent in July.  The indexes for used cars and trucks airline fares new vehicles household furnishings and operations and recreation all increased in July.

The all items index has risen 2.9 percent over the last 12 months ending in July the same as for June 2018.  

The full press release can be found via the link below. 

Next release is Thursday September 13 2018 for the August 2018 Consumer Price Index.