[ad_1]
The Consumer Price Index for All Urban Consumers (CPI-U) fell 0.1 percent in December on a seasonally adjusted basis.
Almost all of the decline is due to a 9.5 percent decline in the price of gasoline. This post puts a spotlight on food.
Month-Over-Month Food Details
- The food index increased 0.3 percent in December following a 0.5-percent increase in November.
- The food at home index rose 0.2 percent in December. Three of the six major grocery store food group indexes increased over the month. The index for meats, poultry, fish, and eggs increased 1.0 percent.
- The index for eggs rose 11.1 percent.
- The index for other food at home rose 0.4 percent over the month
- The index for nonalcoholic beverages increased 0.1 percent in December.
- The food away from home index rose 0.4 percent in December, after increasing 0.5 percent in November.
- The index for limited service meals increased 0.5 percent over the month and the index for full service meals increased 0.1 percent.
Year-Over-Year Food
Year-Over-Year Six Food Categories
Scroll to Continue
Year-Over-Year Food Details
- The food at home index rose 11.8 percent over the last 12 months.
- The index for cereals and bakery products rose 16.1 percent over the year.
- The remaining major grocery store food groups posted increases ranging from 7.7 percent (meats, poultry, fish, and eggs) to 15.3 percent (dairy and related products).
- The index for food away from home rose 8.3 percent over the last year.
Gasoline, Shelter, and Energy
For discussion of other CPI details, please see CPI Declines Due to Gasoline But Food and Shelter Costs Jump Again
This post originated on MishTalk.Com.
Thanks for Tuning In!
Please Subscribe to MishTalk Email Alerts.
Subscribers get an email alert of each post as they happen. Read the ones you like and you can unsubscribe at any time.
If you have subscribed and do not get email alerts, please check your spam folder.
Mish
[ad_2]
Image and article originally from mishtalk.com. Read the original article here.