Consumer Price Index for baked foods, cereal up 0.9% from year ago

by Eric Schroeder
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WASHINGTON — The Consumer Price Index for baked foods and cereal products in September gained 0.9% from a year ago, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home also moved up, advancing 2.1% over a year ago.

The September index for Cereals and Bakery Products before seasonal adjustment was 208.3% of the 1982-84 average, down 0.9% from August. For all food at home, the September index was 190, up 0.3% from August.

The C.P.I. for Cereals and Cereal Products in September was 185.6, down 1.3% from August and down 0.7% from September 2004. The index for products within this category included: flour and prepared mixes, 179.8, down 1.4% from August but up 0.4% from the previous year; breakfast cereal, 202.3, down 1.5% from the previous month and down 1% from a year ago; and rice, pasta and corn meal, 164, down 0.8% from August and down 0.5% from September 2004.

The price index for Bakery Products in September was 220.1, down 0.7% from August but up 1.7% from September 2004. Two product segments within this category — bread and fresh biscuits, rolls and muffins — use a December 1997 base; all others are based on a 1982-84 average.

The September index for bread was 124.6, down 0.9% from August but up 2.9% from September 2004. Under this heading, the C.P.I. for white bread was 228.9, down 0.3% from August but up 2.6% from September 2004. For bread other than white, the index was 235.4, down 1.7% from August but up 3.7% from a year ago.

The price index for fresh biscuits, rolls and muffins in September was 126, up 0.7% from August and up 2.9% from September 2004. The September index for cakes, cupcakes and cookies was 208.9, up 0.1% from August and up 1.2% from September 2004. Under this segment, other price indexes included fresh cakes and cupcakes, 214.4, up 0.7% from August and up 2.8% from September 2004; and cookies, 203.8, down 0.3% from the previous month and down 0.5% from the previous year.

The C.P.I. for other bakery products in September was 212.5, down 1.9% from August but up 0.4% from September 2004. Under this heading, other price indexes in September included: fresh sweet rolls, coffee cakes and donuts, 213.9, down 1.1% from August but up 2.5% from September 2004; crackers and cracker products, 248.6, down 2.4% from August and down 0.4% from September 2004; and frozen and refrigerated bakery products, pies, tarts and turnovers, 216.4, down 0.4% from August but up 2% from the previous year.

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