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Consumer prices up 9.1 percent over the year ended June 2022, largest increase in 40 years

July 18, 2022

Over the 12 months ended June 2022, the Consumer Price Index for All Urban Consumers increased 9.1 percent. The 9.1-percent increase in the all items index was the largest 12-month increase since the 12-month period ending November 1981.

Consumer Price Index for All Urban Consumers, 12-month percent change, by expenditure category, June 2022
Expenditure category 12-month percent change, Jun. 2021–Jun. 2022 Largest percent change before June 2022 Month of previous largest percent change

All items

9.1% 9.6% Nov. 1981

Food

10.4 10.5 Feb. 1981

Food at home

12.2 12.3 Apr. 1979

Food away from home

7.7 8.0 Nov. 1981

Energy

41.6 43.5 Apr. 1980

Fuel oils and other fuels

70.4 58.8 Apr. 2022

Motor fuel (including gasoline, all types)

60.2 68.2 Mar. 1980

Electricity

13.7 14.8 Apr. 2006

Utility (piped) gas service

38.4 45.3 Oct. 2005

All items less food and energy

5.9 5.5 Dec. 2021

Household furnishings and supplies

10.2 10.6 Apr. 2022

Apparel

5.2 5.4 Apr. 2022

New vehicles

11.4 11.1 Nov. 2021

Used cars and trucks

7.1 4.0 Aug. 2020

Motor vehicle parts and equipment

14.9 14.5 Apr. 2022

Medical care commodities

3.2 3.7 Jul. 2017

Recreation commodities

4.5 4.7 Mar. 2022

Education and communication commodities

-5.7 -4.0 Apr. 2022

Services less energy services

5.5 5.5 May-91

Shelter

5.6 5.9 Feb. 1991

Medical care services

4.8 4.9 Sep. 2020

Transportation services

8.8 10.4 Jun. 2021

Recreation services

4.7 4.4 Apr. 2022

Prices for food increased 10.4 percent for the 12 months ending June 2022, the largest increase since February 1981. Prices for food at home rose 12.2 percent over the last 12 months, the largest increase since April 1979. Prices for food away from home rose 7.7 percent, the largest 12-month change since November 1981.

Energy prices rose 41.6 percent over the last year, the largest 12-month increase since April 1980. Within the energy category, motor fuel prices (which includes all types of gasoline) increased 60.2 percent over the year. Gasoline prices increased 59.9 percent, the largest 12-month increase since March 1980. Electricity prices rose 13.7 percent, the largest 12-month increase since April 2006. Natural gas (piped utility gas) prices increased 38.4 percent over the 12 months ended June 2022, the largest increase since October 2005.

Prices for new vehicles increased 11.4 percent over the year, prices for used cars and trucks were up 7.1 percent, while prices for motor vehicle parts and equipment increased 14.9 percent.

These data are from the Consumer Price Index program and are not seasonally adjusted. To learn more, see "Consumer Price Index — June 2022." Also see more charts related to the latest Consumer Price Index news release.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices up 9.1 percent over the year ended June 2022, largest increase in 40 years at https://www.bls.gov/opub/ted/2022/consumer-prices-up-9-1-percent-over-the-year-ended-june-2022-largest-increase-in-40-years.htm (visited November 28, 2022).