CPI for food up in July
Aug. 19, 2015
by MEAT+POULTRY Staff
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WASHINGTON – The Consumer Price Index for meats, poultry, fish and eggs climbed higher in July with the biggest gains recorded in meat and eggs, the Bureau of Labor Statistics of the Department of Labor said in its CPI report.
The food index, which rose 0.3 percent in June, increased again by 0.2 percent in July, BLS reported. The food at home index increased 0.3 percent, with all six major grocery store food group indexes rising modestly.
The index for meats, poultry, fish, and eggs advanced 0.2 percent as the beef index declined but the index for eggs rose 3.3 percent. For the 12 months ended July 2015, the CPI for meats, poultry, fish, and eggs increased 3.1 percent, with the eggs index up by 24.9 percent and the beef index up 10.0 percent.
Prices for food away from home remained unchanged in July, the BLS reported. The CPI for food away from home climbed 2.7 percent over the past 12 months, while the food at home index increased 0.9 percent over the same period.