CPI Increased 1.3% in June 2022

Monthly CPI - United States - July 2022​

07/13/2022

“consumer price index”

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CPI for all items increased 1.3% in June 2022 from last month

  • Consumer Price Index for all items increased 1.3 % in June 2022 from last month on a seasonally adjusted basis.
  • All items less food and energy index, or Core CPI, increased 0.7 %.
  • Food index increased 1.0 % and energy index increased 7.5 %.

CPI for all items increased 9.1% in June 2022 from last 12 months

  • Consumer Price Index for all items increased 9.1 % in June 2022 from last 12 months on a seasonally unadjusted basis.
  • All items less food and energy index, or Core CPI, increased 5.9 %.
  • Food index increased 10.4 %, and energy index increased 41.6 %.

Utility gas service was the biggest and fuel oil was the smallest contributor to the increase in CPI

  • Utility (piped) gas service was the biggest contributor, with its index increasing by 8.2 % from last month and increasing by 38.4 % from last 12 months.
  • Fuel oil was the smallest contributor, with its index decreasing by -1.2 % from last month and increasing by 98.5 % from last 12 months.