consumer price index

Wheat Product Inflation Outpaced Food Price Inflation in 2022
Wheat Product Inflation Outpaced Food Price Inflation in 2022
Wheat Product Inflation Outpaced Food Price Inflation in 2022
According to the Consumer Price Index, consumer prices for wheat-based products were up substantially in 2022 compared to 2021.  ERS reports that the prices of various wheat products were up more than 10% from 2021.  The increase outpaced the inflation rate in the broader "all food" category, which was up 9.9%, more than ...
Consumers Price Index Higher In September
Consumers Price Index Higher In September
Consumers Price Index Higher In September
According to the Bureau of Labor Statistics, the Consumer Price Index rose 0.4 percent in September on a seasonally adjusted basis.  The food index increased 0.8% in September, the same increase as August.  The food at home index rose 0.7% in September as ...
August Consumer Price Index Increases
August Consumer Price Index Increases
August Consumer Price Index Increases
The Consumer Price Index increased 0.1% in August on a seasonally adjusted basis after being unchanged in July.  The Bureau of Labor Statistics reported this week increases in the shelter, food, and medical care indexes were the largest contributors to the broad-based monthly all items increase.  The foo...
Despite Recent Declines, Inflation Is Too High Bernstein Says
Despite Recent Declines, Inflation Is Too High Bernstein Says
Despite Recent Declines, Inflation Is Too High Bernstein Says
The June Consumer Price Index rose to 9.1%, a 40-year high.  The jump was led by higher prices for items such as food and gasoline, putting a dent in the budgets of rural Americans.  White House Council of Economic Advisers member Jared Bernstein noted recent decline in energy prices were not included in this most recent report. “This...
Consumer Price Index Rises Again
Consumer Price Index Rises Again
Consumer Price Index Rises Again
According to the U.S. Bureau of Labor Statistics, the Consumer Price Index increased 1.2% in March. Over the last 12 months, the all items index increased 8.5% before seasonal adjustment. Increases in the indexes for gasoline, shelter, and food were the largest contributors to the seasonally adjusted all items increase ...
Food Prices Below Overall Inflation In 2021
Food Prices Below Overall Inflation In 2021
Food Prices Below Overall Inflation In 2021
Overall, food prices increased by an average of 3.9% in 2021 compared to 2020, the highest annual increase since 2008. USDA's Economic Research Service released new data Wednesday that shows food prices grew more slowly than "all items," but more quickly than all other of the "major groups" tracked by the U ...
Latest Consumer Price Index Released
Latest Consumer Price Index Released
Latest Consumer Price Index Released
The Consumer Price Index for All Urban Consumers increased 0.5% in December on a seasonally adjusted basis after rising 0.8% in November. The all-items index increased 7.0% before seasonal adjustment, the U.S. Bureau of Labor Statistics reported Wednesday ...

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