CPI-U: Index rose by 0.26% in June, driven mainly by gas prices

Posted July 22, 2014 - Filed under Consumer Price Index, Release Observations.

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Despite the index rising in June, the year-over-year inflation figure dropped slightly to 2.08% from 2.14% in May. This was due to the dropping out of June 2013’s slightly higher monthly increase.

Please visit our CPI Charts & Tables page for more data.

Almost all of June’s increase came from a rise in (Seasonally Adjusted) motor fuel which contributed 0.17% of the overall 0.26% increase.

Please visit the contributions tables to view the details for both CPI-U and CPI-W. Below we show the top-level sectors’ contributions in a chart and table.

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Contributions to All-Items Monthly % Change All items. CPI-U. Seasonally Adjusted. 100 Basis Points = 1% (May not add to total due to rounding.)
Expenditure Group	Basis Points
Expenditure Group	Apr. 2014	May 2014	June 2014
All Items	26	35	26
Food and Beverages	5	7	1
Housing	-2	14	4
Apparel	-0	1	2
Transportation	18	10	16
Medical Care	2	2	1
Recreation	1	-0	1
Education and Communication	2	1	1
Other Goods and Services	0	1	1