C.P.I. for baked foods, cereals inches up 0.1% in June

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

Bread and cereal
The Consumer Price Index for baked foods and cereal products increased 0.1% in June.

WASHINGTON — The Consumer Price Index for baked foods and cereal products increased 0.1% in June, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home, meanwhile, decreased, falling 0.4%.

Of the 18 items followed by Milling & Baking News, 10 posted month-over-month increases, 7 finished lower, and 1 was unchanged.

The June index for Cereals and Bakery Products before seasonal adjustment was 273.4% of the 1982-84 average, down 0.4% from a year ago. For all food at home, the June index was 238.4, down 1.3% from June 2015.

The C.P.I. for cereals and cereal products in June was 232.2, unchanged from May but down 1.8% from June 2015. The index for products within this category included: flour and prepared mixes, 242.7, down 1.4% from May and down 3.2% from the previous year; breakfast cereal, 227.8, up 0.4% from the previous month but down 1.2% from a year ago; and rice, pasta and corn meal, 240.4, down 0.1% from May and down 2% from June 2015.

The price index for bakery products in June was 296.7, up 0.2% from May and up 0.3% from June 2015.

The June index for bread was 178.5, up 0.4% from May but down 0.4% from June 2015. Under this heading, the C.P.I. for white bread was 323.3, up 0.2% from May but down 0.6% from June 2015. For bread other than white, the index was 345.7, up 1.1% from May and up 0.4% from a year ago.

The price index for fresh biscuits, rolls and muffins in June was 174.8, up 0.2% from May and up 0.9% from June 2015. The June index for cakes, cupcakes and cookies was 279.2, down 0.5% from May but up 0.6% from June 2015. Under this segment, other price indexes included fresh cakes and cupcakes, 294.3, down 0.2% from May but up 0.8% from June 2015; and cookies, 266.7, down 0.9% from the previous month but up 0.1% from the previous year.

The C.P.I. for other bakery products in June was 267.3, up 0.4% from May and up 0.2% from June 2015. Under this heading, other price indexes in June included: fresh sweet rolls, coffee cakes and donuts, 294.9, up 1.2% from May and up 0.8% from June 2015; crackers and cracker products, 310, down 0.1% from May but up 0.1% from June 2015; and frozen and refrigerated bakery products, pies, tarts and turnovers, 268.2, up 0.4% from May but down 0.3% 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.