Food and beverage C.P.I. up 0.1% in June
July 17, 2012
WASHINGTON — The Consumer Price Index for food and beverages increased 0.1% in June, climbing to 233.5 from 233.3 in May, according to the Bureau of Labor Statistics of the Department of Labor. It was the third time in four months that the index has increased 0.1%. The food index rose 0.2% in June, the third time in four months that it has increased by 0.2%.
Major grocery store food groups were mixed in June, with three rising and three declining.
The fruits and vegetables index was the big mover, rising 1.3% to 283.7. The index was led by the fresh vegetables index, which increased 3.2% in June.
The index for meats, poultry, fish, and eggs rose 0.2% after falling 0.5% in May. Meanwhile, the index for nonalcoholic beverages rose 0.1% to 167.8. The index declined 0.6% in May.
In contrast, the index for cereals and bakery products declined 0.4% in June after falling 0.1% in May. The index for dairy and related products fell 0.3% in June, its fifth consecutive decline, and the index for other food at home fell 0.1%.
The food at home index has increased 2.6% over the past 12 months, with all six major grocery store food groups rising from a range of 0.9% (nonalcoholic beverages) to 4.1% (other food at home).
The overall Consumer Price Index, which fell 0.3% in May, was flat in June. The index now has increased 1.7% over the past 12 months.