CPI for all items rises 0.3% in June; shelter up

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The U.S. Bureau of Labor Statistics reported that the CPI-U increased 0.3 percent on a seasonally adjusted basis in June, after rising 0.1 percent in May, with the shelter index up 0.2 percent as the primary factor in the monthly increase; the energy index rose 0.9 percent, with gasoline up 1.0 percent, and the food index rose 0.3 percent. The all items less food and energy index rose 0.2 percent in June, following a 0.1-percent increase in May, with increases noted in household furnishings and operations, medical care, recreation, apparel, and personal care, while used cars and trucks, new vehicles, and airline fares decreased. Over the 12 months ending in June, the BLS reported the all items index rose 2.7 percent (before seasonal adjustment), after rising 2.4 percent over the 12 months ending May; the all items less food and energy index rose 2.9 percent, the food index rose 3.0 percent, and the energy index decreased 0.8 percent. The BLS also reported that the CPI-U index level reached 322.561 (1982-84=100), the CPI-W rose 2.6 percent over 12 months to 315.945, and the C-CPI-U

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