Food and beverage C.P.I. rises in August

by Eric Schroeder
Share This:
Search for similar articles by keyword: [Consumers]

WASHINGTON — The Consumer Price Index for food and beverages increased 0.2% in August, moving up to 234 from 233.5, according to the Bureau of Labor Statistics of the Department of Labor. The food index also rose 0.2% in August.

The major grocery store food groups continued their trend of mixed moves, with three rising, two declining and one holding steady.

The sharpest gain occurred in the index for fruits and vegetables, which followed up a 0.3% decline in July by increasing 0.5% in August. The index for fresh fruits rose 1.9%, while the fresh vegetables index fell 1.3%.

Meanwhile, the index for meats, poultry, fish, and eggs increased 0.4% to 232.5. The index had advanced 0.3% in July and 0.2% in June.

Also advancing during August was the index for dairy and related products, which increased 0.1% to 214.5. The gain ended six consecutive months of declines.

In contrast to the increases, the index for nonalcoholic beverages fell 0.2% in August after falling 0.5% in July, and the index for other food at home decreased 0.1%.

The index for cereals and bakery products was unchanged.

The food at home index increased 0.1% in August after holding steady in July, and has now increased a total of 0.1% since April.

The overall Consumer Price Index, which has been flat for the past two months, increased 0.6%, and has now risen 1.7% over the past 12 months.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.