C.P.I. for baked foods and cereals falls 0.3%

by Eric Schroeder
Share This:

WASHINGTON — After rising 0.1% in October, the Consumer Price Index for baked foods and cereal products fell back in November, easing 0.3%, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home, which ended eight straight months of declines by rising 0.2% in October, once again finished lower, easing 0.4% in November.

The November index for Cereals and Bakery Products before seasonal adjustment was 250.6% of the 1982-84 average, down 0.8% from a year ago. For all food at home, the November index was 212.8, down 2.9% from November 2008.

The C.P.I. for cereals and cereal products in November was 220.2, down 0.1% from October and down 1.2% from November 2008. The index for products within this category included: flour and prepared mixes, 218.1, down 4.5% from October and down 4.7% from the previous year; breakfast cereal, 219.3, up 1.1% from the previous month and up 0.5% from a year ago; and rice, pasta and corn meal, 227.2, down 0.7% from October and down 3.1% from November 2008.

The price index for bakery products in November was 266.7, down 0.4% from October and down 0.7% from November 2008.

The November index for bread was 160.7, down 0.2% from October and down 3.2% from November 2008. Under this heading, the C.P.I. for white bread was 290.7, down 0.8% from October and down 3.9% from November 2008. For bread other than white, the index was 310, down 0.2% from October and down 2.8% from a year ago.

The price index for fresh biscuits, rolls and muffins in November was 153.7, down 0.6% from October and down 2.6% from November 2008. The November index for cakes, cupcakes and cookies was 254.5, up 0.9% from October and up 1.9% from November 2008. Under this segment, other price indexes included fresh cakes and cupcakes, 258.9, up 0.9% from October and up 1.2% from November 2008; and cookies, 249.5, up 1.2% from the previous month and up 2.2% from the previous year.

The C.P.I. for other bakery products in November was 239.7, down 1.8% from October but up 0.5% from November 2008. Under this heading, other price indexes in November included: fresh sweet rolls, coffee cakes and donuts, 250.6, up 0.9% from October and up 0.5% from November 2008; crackers and cracker products, 275.6, down 3.1% from October and down 0.1% from November 2008; and frozen and refrigerated bakery products, pies, tarts and turnovers, 252.4, down 1.3% from October but up 3.1% 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.