Jamie Pentagulio

The Bureau of Labor Statistics (BLS) released June 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis):

All items saw no change in the last month and increased 3.0% in the last twelve months
Food at home also saw no change from May and rose 1.1% since June 2023
Cereals + bakery products rose 0.1% in the last month and increased 0.5% in the last twelve months
Meats, poultry, fish + eggs increased 0.1% since May and rose 2.6% from June 2023
Dairy + related products rose 0.5% in the last month and decreased 0.1% in the last twelve months
Fruits + vegetables decreased 1.2% from May and fell 0.5% since June 2023
Other foods increased 0.6% in the last month and rose 1.2% in the last twelve months
Gasoline (all types) fell 3.9% since May and decreased 2.5% from June 2023
All items, less food and energy, rose 0.1% in the last month and increased 3.3% in the last twelve months
Apparel fell 0.7% from May and increased 0.8% since June 2023
New vehicles saw no change in the last month and decreased 0.9% in the last twelve months
Used cars + trucks rose 0.3% since May and fell 10.1% from June 2023
Motor vehicle parts + equipment saw no change in the last month and fell 1.0% in the last twelve months
Medical care commodities rose 0.2% from May and increased 3.1% since June 2023
Alcoholic beverages increased 0.3% in the last month and rose 1.8% in the last twelve months
Tobacco + smoking products rose by 0.5% since May and increased 8.2% from June 2023
Personal care products fell 0.1% in the last month and rose 1.0% in the last twelve months

BLS CPI Historical Annual Inflation Rate Averages Through June 2024 Table For Selected Categories

BLS CPI CodeBLS CPI Category Description1MYTD1 YR 6/243Y 6/245 YR 6/2410 YR 6/2420Y 6/24
SAFFOOD & BEVERAGES0.2%1.3%2.2%5.9%4.9%3.1%2.8%
SAF11Food at home0.0%0.9%1.1%5.9%4.8%2.5%2.5%
SAF114Nonalcoholic beverages & beverage materials0.0%1.6%1.5%6.9%5.2%2.9%2.3%
SEFNJuices & nonalcoholic drinks-0.2%1.4%2.1%7.4%5.7%3.3%2.4%
SEFN01Carbonated drinks0.3%1.9%3.1%7.7%6.2%3.7%2.9%
SEFN03Nonfrozen noncarbonated juices & drinks-0.6%0.9%1.0%7.0%5.3%3.0%1.9%
SEFPBeverage materials including coffee & tea0.4%2.0%0.0%5.7%4.0%1.9%2.0%
SEFP01Coffee0.5%1.3%-1.6%5.6%3.6%1.6%2.5%
SEFP02Other beverage materials including tea0.3%3.3%2.6%5.9%4.6%2.4%1.8%
SAF115Other food at home0.5%1.5%1.6%7.6%5.3%2.9%2.5%
SEFT06Other miscellaneous foods1.2%1.2%1.8%7.5%5.4%2.8%2.2%
SEFWAlcoholic beverages at home0.2%1.5%1.7%2.6%2.2%1.6%1.5%
SEFW01Beer, ale & other malt beverages at home0.1%2.3%3.1%4.3%3.8%2.7%2.3%
SEFW02Distilled spirits at home0.6%0.7%0.8%1.3%1.4%0.9%0.9%
SEFW03Wine at home-0.1%1.2%1.0%1.7%1.2%0.8%0.9%
SEHEFUEL OIL & OTHER FUELS-2.7%-6.3%1.3%7.1%5.4%0.8%4.4%
SAH3HOUSEHOLD FURNISHINGS & OPERATIONS0.6%0.7%-0.8%4.0%3.5%1.8%0.8%
SAAAPPAREL-0.7%4.6%0.8%3.0%1.2%0.3%0.5%
SAM1MEDICAL CARE COMMODITIES0.2%1.6%3.1%3.5%1.9%2.0%2.2%
SEMFMedicinal drugs0.1%1.6%3.3%3.4%1.9%2.0%
SEMF01Prescription drugs0.0%1.8%2.4%2.7%1.5%2.1%8.6%
SEMF02Nonprescription drugs0.3%1.4%5.6%5.3%2.8%1.3%
SEMGMedical equipment and supplies1.0%0.7%0.8%5.4%1.5%1.1%
SARRECREATION0.0%1.0%1.3%3.4%2.8%1.8%1.2%
SEEAEDUCATIONAL BOOKS & SUPPLIES-100.0%2.6%
SEGATOBACCO & SMOKING PRODUCTS0.5%3.7%6.7%7.3%6.8%5.4%6.1%
SEGBPERSONAL CARE PRODUCTS-0.1%1.2%6.7%3.9%2.2%0.9%0.8%
SEGEMISCELLANEOUS PERSONAL GOODS-0.6%-0.9%8.7%4.1%3.2%0.2%-0.1%
SAGOTHER GOODS AND SERVICES0.5%2.4%6.1%5.7%4.5%3.2%3.1%
SEREOther recreational goods0.8%-0.5%1.6%-0.3%-1.2%-4.0%-3.9%
SERGRecreational reading materials2.2%1.9%-0.1%2.5%2.8%2.1%1.8%
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