C.P.I. for food and beverages climbs 0.7% in June

by Eric Schroeder
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WASHINGTON — The Consumer Price Index for food and beverages was 213.6 in June, up 0.7% from 212.1 in May, the Bureau of Labor Statistics of the U.S. Department of Labor said. The gain followed a 0.3% advance in May. Meanwhile, the index for All Urban Consumers jumped 1% in June, before seasonal adjustment. The June level of 218.8 was 5% higher than in June 2007.

On a seasonally adjusted basis, the C.P.I. advanced 1.1% in June, which followed a 0.6% increase in May. Within the overall C.P.I., the index for energy accounted for approximately two-thirds of the improvement, as the index for petroleum-based energy increased 10% and the index for energy services rose 1.5%.

The index for food at home, which rose 0.3% in May, increased 1% in June to 213.7.

The index for fruits and vegetables was the biggest gainer, advancing 2.8% in June. The index for fresh vegetables rose 6.1% in June while the indexes for fresh fruits and for processed fruits and vegetables increased 0.8% and 1.2%, respectively.

The index for cereal and bakery remained strong, advancing 0.5% to 244.8, which followed a 1.6% gain in May and 1.5% advance in April.

The index for meats, poultry, fish, and eggs, which rose 0.1% in May, advanced 0.8% in June to 203.3. The beef and veal index increased sharply for the second month in a row, up 1.7% in June after a 1.5% increase in May, the B.L.S. said. The pork index also turned up, increasing 0.6% in June. The index for eggs rose 1.4% in June after a 3.8% decline in May, and is 23.2% higher than in June 2007.

The index for dairy products increased 1.6% in June after falling 0.1% in May. Other food at home climbed 0.5% to 182.4.

The index for nonalcoholic beverages, which fell 0.9% in May, rebounded in June, rising 0.2% to 158.7.

The other two components of the food and beverage index — food away from home and alcoholic beverages — increased 0.5% and 0.1%, respectively, the B.L.S. said.

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