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The Consumer Price Index for All Urban Consumers (CPI-U) in the Chicago-Gary-Kenosha area declined 0.4 percent in June, the U.S. Bureau of Labor Statistics reported today. Greg Philipaitis, the Bureau’s acting regional commissioner, stated that the indexes for food (-0.8 percent) and energy (-0.1 percent) declined in June. The index for all items less food and energy declined 0.3 percent. Within the all items less food and energy category, the indexes for apparel, recreation, and shelter were lower. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)
Over the last 12 months, the Chicago area all items CPI-U rose 0.6 percent. The energy index was up 7.1 percent since last June, due to increases in its three main components—electricity, utility (piped) gas service, and gasoline. The all items less food and energy index was down 0.1 percent compared to last June.