The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
August 10, 2022US CONSUMER PRICE INDEX, JULY 2022 The United States Consumer Price Index for All Urban Consumers increased 8.5% year-over-year in July. This was below the 9.1% increase reported in June 2022.
The seasonally adjusted index was unchanged compared to previous month, decelerating from the 1.3% rise that occurred in June. The gasoline index fell 7.7% in July that help to offset increases in food (+1.1%) and shelter (+0.5%) indexes.
The 12-month change in the CPI - all items less food and energy was 5.9% in July, the same as in June. Over the past 12 months, the energy index is up 32.9% with gasoline up 44.0%. The food index increased 10.9% compared to July 2021, the largest 12-month increase since May 1979.
Note:
Canada and Nova Scotia July 2022 CPI figures will be released on August 16, 2022.
Sources:
Statistics Canada. Table 18-10-0004-01 Consumer Price Index, monthly, not seasonally adjusted
US Bureau of Labor Statistics, retrieved from FRED, Federal Reserve Bank of St. Louis
<--- Return to Archive
