The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in July on a seasonally adjusted basis the U.S. Bureau of Labor Statistics reported today. The indices for food, energy, and all items less food and energy all rose slightly. The food index rose 0.2 percent. The energy index rose 0.1 percent. The index for all items less food and energy also rose 0.1 percent in July
The all items index increased 0.2 percent for the 12 months ending July. The index for all items less food and energy increased 1.8 percent for the 12 months ending July. The food index increased 1.6 percent over the last 12 months. The energy index, however, continues to show a 12- month decline, falling 14.8 percent over the past year.