The food index was up 0.4% month-over-month.
The energy index increased 2.0% month-over-month, driven by a 2.8% increase in the gasoline index.
The index for used cars and trucks prices declined 1.5% month-over-month.
The transportation services index dropped 2.3% month-over-month, led by a 9.1% month-over-month decline in airline fares.
The shelter index was up 0.2%, with the owners' equivalent rent of residences index up 0.3%.
The key takeaway from the report is that the better-than-feared numbers have tempered some of the angst about rising inflation pressures and will presumably provide the Fed some cover to wait and watch the data a little longer before making any formal tapering announcement.| AUG | JUL | JUN | MAY | APR | |
|---|---|---|---|---|---|
| All Items | 0.3% | 0.5% | 0.9% | 0.6% | 0.8% |
| Food and Beverages | 0.4% | 0.7% | 0.8% | 0.4% | 0.4% |
| Housing | 0.4% | 0.4% | 0.4% | 0.4% | 0.5% |
| Equivalent Rent | 0.3% | 0.3% | 0.3% | 0.3% | 0.2% |
| Apparel | 0.4% | 0.0% | 0.7% | 1.2% | 0.3% |
| Transportation | -0.1% | 0.6% | 3.6% | 2.1% | 2.5% |
| Vehicles | -0.3% | 0.6% | 5.6% | 4.0% | 4.6% |
| Motor Fuel | 2.8% | 2.4% | 2.5% | -0.7% | -1.4% |
| Medical Care | 0.2% | 0.3% | -0.1% | -0.1% | 0.1% |
| Educ and Commun | 0.2% | 0.2% | 0.1% | 0.3% | 0.3% |
| Special Indices | |||||
| Core | 0.1% | 0.3% | 0.9% | 0.7% | 0.9% |
| Energy | 2.0% | 1.6% | 1.5% | 0.0% | -0.1% |
| Services | 0.1% | 0.3% | 0.4% | 0.4% | 0.6% |
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