Consumer prices rose 1.0% in the 12 months to June, following
a 1.4% increase in May. On a non-seasonally adjusted monthly basis, consumer
prices declined 0.1% in June, after increasing 0.3% from April to
May.
All-items Consumer Price Index (CPI):
Energy prices rose 1.3% between June 2009 and June 2010,
after increasing 6.2% over the 12 months ending in May.
The price of gasoline decreased 2.9% in June compared to the same
month a year earlier, after rising 6.9% in May. This was the first year-over-year
drop in prices at the pump since October 2009.
In June, electricity prices rose 5.8%, after increasing 4.0%
in May.
Natural gas prices increased 3.0% in June, after rising 4.7%
in May. This was the third consecutive increase following several months of
decline.
Prices for the purchase of passenger vehicles rose 2.8% in June,
following a 5.1% increase in May.
Prices increased in seven of the eight major components of the CPI in
the 12 months to June; the only exception was clothing and footwear.
Main contributors to the 12-month change in the CPI:
Main upward contributors:
Purchase of passenger vehicles (+2.8%)
Passenger vehicle insurance premiums (+5.3%)
Homeowner’s replacement costs (+5.2%)
Electricity (+5.8%)
Telephone services (+5.4%)
Main downward contributors:
Mortgage interest cost (-5.0%)
Gasoline (-2.9%)
Air transportation (-8.4%)
Women’s clothing (-5.7%)
Video equipment (-13.9%)
Main contributors to the monthly change in the CPI, not seasonally
adjusted: