The consumer price index for all US urban consumers (CPI-U) rose by 0.2 per cent in July this year on a seasonally-adjusted basis, the same increase as in June, according to the Bureau of Labour Statistics (BLS).

Over the last 12 months, the all items index increased by 3.2 per cent before seasonal adjustment.

The CPI-U for apparel did not see any change in July over June, while it increased by 3.2 per cent for the 12 months ending July.

The energy index rose by 0.1 per cent in July after increasing by 0.6 per cent in June as the major energy component indexes were mixed.

The index for all items less food and energy rose by 0.2 per cent in July, as it did in June.

The all items index increased by 3.2 per cent for the 12 months ending July, slightly more than the 3-per cent increase for the 12 months ending June.

The all items less food and energy index rose by 4.7 per cent over the last 12 months. The energy index decreased by 12.5 per cent for the 12 months ending July.

The natural gas index increased by 2 per cent over the month, following five consecutive monthly decreases. The index for fuel oil also rose in July, increasing by 3 per cent. The index for electricity fell by 0.7 per cent in July, after increasing by 0.9 per cent in June.

By Fibre2Fashion