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Consumer Price Index – June 2018
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in June on a seasonally adjusted basis after rising 0.2 percent in May, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.9 percent before seasonal adjustment. The indexes for shelter, gasoline, and food all rose to lead to the seasonally adjusted increase in the all items index. The food index increased 0.2 percent in June, with the indexes for food at home and food away from home both rising 0.2 percent. Despite a 0.5-percent increase in the gasoline index, the energy index declined ... (full story)
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U.S. Consumer Prices Rise Less Than Forecast as Hotel Rates Fall
U.S. consumer prices rose less than expected in June amid falling utility prices and a record decline in hotel costs, even as the broader trend showed a pickup in annual inflation that may keep the Federal Reserve on track for gradual interest-rate hikes. The consumer price index rose 0.1 percent from the prior month after a 0.2 percent gain in May, while the gauge excluding food and energy costs rose 0.2 percent, a Labor Department report showed Thursday. The Bloomberg survey median called for a 0.2 percent gain in both the main and core indexes. The overall gauge rose 2.9 percent in the 12 months through June, the ... (full story)
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