More Labor Department Corrections
The Bureau of Labor Statistics has added to its list of corrections on this morning’s CPI data. Labor notes that:
• The 0.8% Food price increase in today’s CPI data is the largest since a 0.9% increase in April 2008
• The 1% increase in the price of Food at Home is the largest increase since a 1.5% increase in April 2008
• The 6.1% increase in Vegetable prices is the highest since a 7.7% increase in November 2004
• The 6.6% increase in Energy Prices is the largest since a 6.9% increase since November 2007
• The 10.4% increase in Fuel Oil prices is the largest since a 10.4% increase in May 2008
• Airline Fares rose 4.5% in June, the largest increase since a 5% increase in June 2001