BLS Releases June 2017 Consumer Price Index Report (July 2017)
On Friday, July 14, the Bureau of Labor Statistics (BLS) released its June 2017 report on the Consumer Price Index.
When seasonally-adjusted, the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in June. Over the past 12 months, the all-items index rose 1.6%.
The energy index fell by 1.6% in June, less than the 2.7% fall seen in May. The gasoline index over the past 12 months fell by 0.4%, with gas prices falling 1.7% in June, before seasonal adjustment.
The food index, which rose in the past five months, was unchanged in June. The index for food at home fell 0.1%, consistent with the trend over the past twelve months. Most noticeable is the increase in the beef index, which rose 2.9%. The index for food away from home rose 2.2% over the past year, and was unchanged in June.
The index of all items less food and energy rose 0.1% in June, consistent with the trend in April and May. Over the past twelve months, the index rose 1.7%, with noticeable increases in the shelter and medical care indexes, rising 3.3% and 2.7%, respectively.
The next release is scheduled for Friday, August 11.
The full release is available at the link below: