CPI up 0.5 percent in July 2005
August 17, 2005
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U), which was unchanged in June, increased 0.5 percent in July.
Energy costs advanced sharply, increasing 3.8 percent in July after falling 0.5 percent in June. Within energy, the index for petroleum-based energy rose 6.1 percent in July, accounting for over one-half of the increase in the overall CPI. Energy services increased 1.1 percent.
The index for food increased 0.2 percent in July. The index for fruits and vegetables, which fell 1.2 percent in June, increased 1.6 percent in July.
The index for all items less food and energy increased 0.1 percent for the third consecutive month. A decline in new vehicle prices—down 1.0 percent in July—was more than offset by increases in the indexes for airline fares and for lodging away from home.
For the 12 months ended in July 2005, the CPI-U rose 3.2 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI up 0.5 percent in July 2005 on the Internet at http://www.bls.gov/opub/ted/2005/aug/wk3/art03.htm (visited February 09, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.