Consumer Price Index - U.S.

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Consumer Price Index Data for July 2015
Food
The food index, which rose 0.3 percent in June, increased 0.2 percent in July. The food at home index
increased 0.3 percent, with all six major grocery store food group indexes rising modestly. The index for
dairy and related products posted the largest increase, rising 0.8 percent and ending a series of six
consecutive declines. The index for nonalcoholic beverages rose 0.4 percent, and the fruits and
vegetables index rose 0.3 percent after declining in June. The index for fresh fruits rose 1.1 percent,
while the fresh vegetables index declined 0.8 percent. The index for meats, poultry, fish, and eggs
advanced 0.2 percent as the beef index declined but the index for eggs rose 3.3 percent. The indexes for
cereals and bakery products and for other food at home also rose 0.2 percent. The food at home index
has risen 0.9 percent over the past 12 months. The index for meats, poultry, fish, and eggs has increased
3.1 percent, with the eggs index increasing 24.9 percent and the beef index up 10.0 percent. In contrast,
the indexes for fruits and vegetables and for dairy and related products have declined over the past 12
months. The index for food away from home was unchanged in July. It has risen 2.7 percent over the
past 12 months.
Energy
The energy index edged up 0.1 percent in July after a 1.7 percent increase in June. The gasoline index
increased for the third consecutive month, rising 0.9 percent. (Before seasonal adjustment, gasoline
prices declined 0.2 percent in July.) The other major energy component indexes declined in July. The
index for natural gas fell 1.4 percent after rising in June. The electricity index fell 0.4 percent, its third
decline in the last 5 months. The fuel oil index decreased 3.4 percent following a 1.9-percent decline in
June. All major energy components have declined over the past 12 months. The fuel oil index has posted
the largest decline, falling 29.7 percent, and the gasoline index has decreased 22.3 percent. The index for
natural gas has fallen 14.2 percent and the electricity index has declined 0.7 percent.
All items less food and energy
The index for all items less food and energy increased 0.1 percent in July following a 0.2-percent
increase in June. The shelter index rose 0.4 percent, its largest increase since February 2007. The
indexes for rent and owners' equivalent rent both increased 0.3 percent, while the index for lodging away
from home increased 2.5 percent after falling in May and June. The apparel index also turned up in July,
rising 0.3 percent after declining in each of the last 3 months. The index for medical care rose slightly in
July, increasing 0.1 percent, with both the medical care services and medical care commodities indexes
advancing 0.1 percent. Several indexes were unchanged in July, including those for personal care,
recreation, alcoholic beverages, and tobacco. The index for airline fares declined sharply in July, falling
5.6 percent, its largest decline since December 1995. The index for used cars and trucks fell for the third
month in a row, declining 0.6 percent, and the index for household furnishings and operations fell 0.2
percent, also its third straight decline. The new vehicles index, which had increased five months in a
row, also fell 0.2 percent in July.
The index for all items less food and energy has risen 1.8 percent over the past 12 months, similar to its
1.9-percent average annualized increase over the past 10 years. The shelter index has increased 3.1
percent over the last year, its largest 12-month increase since January 2008. The indexes for airline
fares, apparel, used cars and trucks, and household furnishings and operations have all declined over the
last 12 months.
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