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From the Bureau of Labor Statistics’ News Release:
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent in July on a seasonally adjusted basis, the same increase as in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.0 percent before seasonal adjustment. The gasoline index continued to rise in July after increasing sharply in June and accounted for about one quarter of the monthly increase in the seasonally adjusted all items index. The energy index increased 2.5 percent in July as the gasoline index rose 5.6 percent. This was partially offset by the food index, which decreased 0.4 percent in July, with the index for food at home declining 1.1 percent.
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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 | ||
| May 2020 | June 2020 | July 2020 | |
| All items (SA0) | -5 | 57 | 59 |
| Food and beverages (SAF) | 11 | 9 | -6 |
| Housing (SAH) | 7 | 7 | 11 |
| Apparel (SAA) | -6 | 4 | 3 |
| Transportation (SAT) | -27 | 36 | 42 |
| Medical care (SAM) | 4 | 4 | 4 |
| Recreation (SAR) | 5 | -4 | -3 |
| Education and communication (SAE) | 1 | -1 | 8 |
| Other goods and services (SAG) | -0 | 1 | 1 |
The same contributions in the above table are shown here graphically:
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