The Cost of Food Jumps Another 0.8 Percent in September – Mish Talk

The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June. This post puts a spotlight on food.

Month-Over-Month Details

• The food index increased 0.8 percent in September, the same increase as August.
• The food at home index rose 0.7 percent in September as all six major grocery store food group indexes increased. 
• The index for fruits and vegetables rose 1.6 percent
• The index for cereals and bakery products rose 0.9 percent over the month. 
• The index for other food at home increased 0.5 percent in September, after rising 1.1 percent in August. 
• The index for meats, poultry, fish, and eggs rose 0.4 percent over the month.
• The index for nonalcoholic beverages increased 0.6 percent in September. 
• The dairy and related products index rose 0.3 percent in September, the same increase as the previous month. 
• The food away from home index rose 0.9 percent in September, as it did in August. 
• The index for full service meals increased 0.4 percent and the index for limited service meals increased 0.6 percent over the month.