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Over the 12 months ended June 2022, the Consumer Price Index for All Urban Consumers increased 9.1 percent. The 9.1-percent increase in the all items index was the largest 12-month increase since the 12-month period ending November 1981.
All items
Food
Food at home
Food away from home
Energy
Fuel oils and other fuels
Motor fuel (including gasoline, all types)
Electricity
Utility (piped) gas service
All items less food and energy
Household furnishings and supplies
Apparel
New vehicles
Used cars and trucks
Motor vehicle parts and equipment
Medical care commodities
Recreation commodities
Education and communication commodities
Services less energy services
Shelter
Medical care services
Transportation services
Recreation services
Prices for food increased 10.4 percent for the 12 months ending June 2022, the largest increase since February 1981. Prices for food at home rose 12.2 percent over the last 12 months, the largest increase since April 1979. Prices for food away from home rose 7.7 percent, the largest 12-month change since November 1981.
Energy prices rose 41.6 percent over the last year, the largest 12-month increase since April 1980. Within the energy category, motor fuel prices (which includes all types of gasoline) increased 60.2 percent over the year. Gasoline prices increased 59.9 percent, the largest 12-month increase since March 1980. Electricity prices rose 13.7 percent, the largest 12-month increase since April 2006. Natural gas (piped utility gas) prices increased 38.4 percent over the 12 months ended June 2022, the largest increase since October 2005.
Prices for new vehicles increased 11.4 percent over the year, prices for used cars and trucks were up 7.1 percent, while prices for motor vehicle parts and equipment increased 14.9 percent.
These data are from the Consumer Price Index program and are not seasonally adjusted. To learn more, see “Consumer Price Index — June 2022.” Also see more charts related to the latest Consumer Price Index news release.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up 9.1 percent over the year ended June 2022, largest increase in 40 years at https://www.bls.gov/opub/ted/2022/consumer-prices-up-9-1-percent-over-the-year-ended-june-2022-largest-increase-in-40-years.htm (visited October 24, 2022).
Consumer prices up 9.1 percent over the year ended June 2022, largest increase in 40 years : The Economics Daily: U.S – Bureau of Labor Statistics
