Consumer Price Index eases in April
May 19, 2010
by Eric Schroeder
WASHINGTON — The overall Consumer Price Index fell 0.1% to 217.6 in April, but over the past 12 months it has climbed 2.2%, according to the Bureau of Labor Statistics of the Department of Labor.
Meanwhile, the index for food and beverages again finished higher, rising to 219.7 in April from 219.3 in March.
The B.L.S. said the index for energy fell 1.4% in April, reflecting sharp declines in the indexes for gasoline and natural gas.
After rising 0.2% in March, the food index again climbed 0.2% in April, primarily driven by a 1.4% increase in the index for meats, poultry, fish and eggs. The latter index now has risen four months in a row. The food index now has risen 0.5% over the past 12 months, the B.L.S. noted.
Other grocery store food groups were mixed in April.
Nonalcoholic beverages increased 0.4% in the month, to 162.5, while food at home was up 0.2% to 216.
The fruits and vegetables index, which rose 3.4% in March, eased 0.2% in April, to 281.3.
The index for cereals and bakery products fell for the second straight month, easing 0.3% to 250.1.
The sharpest decline occurred in the index for dairy and related products. The index fell 0.8% to 197.3.
The index for food away from home, which was unchanged in March, rose 0.1% in April, the B.L.S. said.