Food and beverage C.P.I. rises 0.1% in November
Dec. 16, 2011
by Eric Schroeder
WASHINGTON — The Consumer Price Index for food and beverages increased 0.1% in November, climbing to 230.9 from 230.8 in October, according to the Bureau of Labor Statistics of the Department of Labor. The gain followed advances of 0.1% in October, 0.4% in September and 0.5% in August.
The food index rose 0.1% in November after rising 0.1% in October.
Only two of the six major grocery store food groups increased during November, led by a 0.3% gain in cereals and bakery products, which rose to 266.6 from 265.8 in October.
Also advancing in November was the index for nonalcoholic beverages, which rose 0.2% to 169.2.
The sharpest decline occurred in the index for fruits and vegetables, which followed a 1.7% decline in October by falling 0.6% in November. The B.L.S. said both the fresh fruits and fresh vegetables indexes continued to decline.
The index for dairy and related products fell 0.3% in November to 218.8. The index had advanced 0.1% in October and 1.2% in September.
The index for meats, poultry, fish, and eggs was 227.2 in November, down 0.1% from 227.4 in October.
The index for food at home fell 0.1%, its first decline since June 2010. Despite the decline, the index has risen 5.9% over the past year with the six major grocery store food groups up at least 4.4%.
The food away from home index rose 0.3% in November after rising 0.2% in October and has risen 2.9% over the past year.
The overall Consumer Price Index was unchanged in November after falling 0.1% in October. The index now has increased 3.4% over the past 12 months.