- The Consumer Price Index (CPI) increased 1.3% in June after rising 1.0% in May.
- CPI increased 9.1% from a year ago, the highest reading since the period ending November 1981.
- Prices remained above 5% for the thirteenth straight month.
- The core CPI, which excludes food and energy, rose 0.7% in June and is up 5.9% from the previous year.
- The energy index is up 41.6% and the food index is up 10.4% from the previous year.
- The energy index increase of 41.6% is the largest increase since April 1980.
- The food index increase of 10.1% is the first increase of 10% or more since February 1981.
- The Right Facts will continue to monitor CPI.