CPI in June 2007
July 19, 2007
On a seasonally adjusted basis, the Consumer Price Index for All Urban Consumers (CPI-U) advanced 0.2 percent in June, following a 0.7-percent increase in May.
The index for energy, which had increased sharply in each of the preceding three months, declined 0.5 percent in June. The index for petroleum-based energy decreased 0.9 percent and the index for energy services fell 0.1 percent.
The food index rose 0.5 percent in June with grocery store food prices up 0.6 percent.
The index for all items less food and energy advanced 0.2 percent in June, following a 0.1-percent rise in May. A larger increase in the index for shelter and an upturn in the index for new and used vehicles were responsible for the larger advance.
Consumer prices increased at a seasonally adjusted annual rate (SAAR) of 5.2 percent in the second quarter after advancing at a 4.7-percent rate in the first three months of 2007. This brings the year-to-date annual rate to 5.0 percent and compares with an increase of 2.5 percent in all of 2006.
For the 12 months ended in June 2007, the CPI-U rose 2.7 percent, as shown in the chart.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, CPI in June 2007 on the Internet at http://www.bls.gov/opub/ted/2007/jul/wk3/art04.htm (visited October 28, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.