C.P.I. for baked foods, cereals gains 0.4%

by Eric Schroeder
Share This:

WASHINGTON — The Consumer Price Index for baked foods and cereal products increased 0.4% to 267.8 in October from 266.7 in September, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home also gained 0.4%, after finishing down 0.1% in September.

Of the 18 items followed by Milling & Baking News, 13 posted month-over-month gains and 5 finished lower.

The October index for Cereals and Bakery Products before seasonal adjustment was 267.8% of the 1982-84 average, up 0.9% from a year ago. For all food at home, the October index was 232.5, up 1% from October 2011.

The C.P.I. for cereals and cereal products in October was 230.3, up 0.1% from September and up 0.1% from October 2011. The index for products within this category included: flour and prepared mixes, 252.6, down 0.7% from September but up 2.7% from the previous year; breakfast cereal, 226.3, up 0.9% from the previous month and up 1.1% from a year ago; and rice, pasta and corn meal, 233.8, down 1.4% from September and down 3.1% from October 2011.

The price index for bakery products in October was 288.9, up 0.7% from September and up 1.6% from October 2011.

The October index for bread was 175.3, up 1.3% from September and up 1.1% from October 2011. Under this heading, the C.P.I. for white bread was 319.2, up 1.8% from September and up 1.1% from October 2011. For bread other than white, the index was 338, up 1.1% from September and up 0.4% from a year ago.

The price index for fresh biscuits, rolls and muffins in October was 168.2, up 0.1% from September but down 0.1% from October 2011. The October index for cakes, cupcakes and cookies was 269.1, up 1.8% from September and up 2.9% from October 2011. Under this segment, other price indexes included fresh cakes and cupcakes, 281.6, up 2.6% from September and up 3.8% from October 2011; and cookies, 258.5, up 1.1% from the previous month and up 2.8% from the previous year.

The C.P.I. for other bakery products in October was 261.9, down 0.5% from September but up 1.7% from October 2011. Under this heading, other price indexes in October included: fresh sweet rolls, coffee cakes and donuts, 280.4, up 1.2% from September and up 3.5% from October 2011; crackers and cracker products, 303.7, down 0.8% from September but up 1.1% from October 2011; and frozen and refrigerated bakery products, pies, tarts and turnovers, 268, down 1.1% from September but up 0.6% from the previous year.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.

 

 


The views expressed in the comments section of Baking Business News do not reflect those of Baking Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.