C.P.I. for baked foods, cereal climbs 0.3% in March

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

WASHINGTON — The Consumer Price Index for baked foods and cereal products increased 0.3% in March, according to the Bureau of Labor Statistics of the U.S. Department of Labor. Meanwhile, the index for all food at home declined for the second straight month, falling 0.5%.

Of the 18 items followed by Milling & Baking News, 13 posted month-over-month gains, 4 finished lower and 1 was unchanged.

The March index for Cereals and Bakery Products before seasonal adjustment was 273.8% of the 1982-84 average, up 1.1% from a year ago. For all food at home, the March index was 241.6, up 1.9% from March 2014.

The C.P.I. for cereals and cereal products in March was 234.3, up 0.5% from February and up 0.3% from March 2014. The index for products within this category included: flour and prepared mixes, 249.2, down 1.3% from February and down 2.1% from the previous year; breakfast cereal, 228.9, up 0.6% from the previous month and up 0.4% from a year ago; and rice, pasta and corn meal, 242.2, up 1% from February and up 0.9% from March 2014.

The price index for bakery products in March was 296.1, up 0.2% from February and up 1.6% from March 2014.

The March index for bread was 178.3, up 0.4% from February and up 2% from March 2014. Under this heading, the C.P.I. for white bread was 321.7, up 0.7% from February and up 1.6% from March 2014. For bread other than white, the index was 344.9, unchanged from February and up 1.4% from a year ago.

The price index for fresh biscuits, rolls and muffins in March was 176.4, down 0.5% from February but up 2.1% from March 2014. The March index for cakes, cupcakes and cookies was 278.2, up 0.1% from February and up 1.8% from March 2014. Under this segment, other price indexes included fresh cakes and cupcakes, 288.7, up 0.2% from February and up 2.3% from March 2014; and cookies, 270, up 0.1% from the previous month and up 1.6% from the previous year.

The C.P.I. for other bakery products in March was 265.6, up 0.4% from February and up 0.7% from March 2014. Under this heading, other price indexes in March included: fresh sweet rolls, coffee cakes and donuts, 293, up 2.7% from February and up 1.1% from March 2014; crackers and cracker products, 308.6, up 0.8% from February and up 2.7% from March 2014; and frozen and refrigerated bakery products, pies, tarts and turnovers, 267.3, down 1.1% from February and down 2.5% 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.