C.P.I. for baked foods, cereals falls in September

by Eric Schroeder
Share This:
Search for similar articles by keyword: [Bread], [Cereal]

WASHINGTON — After two consecutive months of gains, the Consumer Price Index for baked foods and cereal products gave back ground, decreasing 0.5% in September after rising 0.1% in August and 0.4% in July, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home, meanwhile, increased 0.4% for the second straight month.

Of the 18 items followed by Milling & Baking News, 6 posted month-over-month gains, 11 finished lower and 1 was unchanged.

The September index for Cereals and Bakery Products before seasonal adjustment was 270.7% of the 1982-84 average, down 0.1% from a year ago. For all food at home, the September index was 241.6, up 3.1% from September 2013.

The C.P.I. for cereals and cereal products in September was 231.5, down 1.2% from August and down 0.2% from September 2013. The index for products within this category included: flour and prepared mixes, 249.1, down 2% from August and down 1.2% from the previous year; breakfast cereal, 225.9, down 1.2% from the previous month and down 0.7% from a year ago; and rice, pasta and corn meal, 238.9, down 0.9% from August but up 0.6% from September 2013.

The price index for bakery products in September was 292.8, down 0.2% from August and down 0.1% from September 2013.

The September index for bread was 177.1, unchanged from August and down 0.1% from September 2013. Under this heading, the C.P.I. for white bread was 319.7, down 0.1% from August and down 1.1% from September 2013. For bread other than white, the index was 343.8, up 0.1% from August and up 0.5% from a year ago.

The price index for fresh biscuits, rolls and muffins in September was 172.1, up 0.2% from August and up 0.2% from September 2013. The September index for cakes, cupcakes and cookies was 272.9, up 0.1% from August but down 0.3% from September 2013. Under this segment, other price indexes included fresh cakes and cupcakes, 284.8, up 0.8% from August and up 0.8% from September 2013; and cookies, 263.1, down 0.9% from the previous month and down 0.8% from the previous year.

The C.P.I. for other bakery products in September was 265, down 0.7% from August but up 0.1% from September 2013. Under this heading, other price indexes in September included: fresh sweet rolls, coffee cakes and donuts, 288, down 1.8% from August and down 0.3% from September 2013; crackers and cracker products, 306.7, down 1.2% from August but up 1.2% from September 2013; and frozen and refrigerated bakery products, pies, tarts and turnovers, 271.4, up 0.1% from August but down 0.7% 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.