top of page
Search

🇺🇸*U.S. JUN. CONSUMER PRICES 5.4% Y/Y, EST. 4.9%

*U.S. CORE CONSUMER PRICES 4.5% Y/Y, EST. 4.0%


June headline prints at the highest since 2008


BLS:

  • The index for used cars and trucks continued to rise sharply, increasing 10.5 percent in June. This increase accounted for more than one-third of the seasonally adjusted all items increase. The food index increased 0.8 percent in June, a larger increase than the 0.4-percent increase reported for May.

  • The energy index increased 1.5 percent in June, with the gasoline index rising 2.5 percent over the month. The index for all items less food and energy rose 0.9 percent in June after increasing 0.7 percent in May. Many of the same indexes continued to increase, including used cars and trucks, new vehicles, airline fares, and apparel. The index for medical care and the index for household furnishings and operations were among the few major component indexes which decreased in June.

  • The all items index rose 5.4 percent for the 12 months ending June; it has been trending up every month since January, when the 12-month change was 1.4 percent. The index for all items less food and energy rose 4.5 percent over the last 12-months, the largest 12-month increase since the period ending November 1991. The energy index rose 24.5 percent over the last 12-months, and the food index increased 2.4 percent.





0 comments

Comments


bottom of page