WASHINGTON, D.C., U.S. — The Consumer Price Index for baked foods and cereal products decreased 0.1% in July, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home increased 0.3%.
Of the 18 items followed by Milling & Baking News, a sister publication of World Grain, 10 posted month-over-month decreases and 8 finished higher.
The July index for Cereals and Bakery Products before seasonal adjustment was 273.3% of the 1982-84 average, up 0.5% from a year ago. For all food at home, the July index was 239.8, up 0.3% from July 2017.
The CPI for cereals and cereal products in July was 227.8 up 0.1% from June but down 0.3% from July 2017. The index for products within this category included: flour and prepared mixes, 242, up 0.4% from June and up 0.5% from the previous year; breakfast cereal, 219.7, down 0.4% from the previous month but up 2.5% from a year ago; and rice, pasta and corn meal, 239.3, up 0.5% from June and up 2.1% from July 2017.
The price index for bakery products in July was 299.3, down 0.3% from June but up 0.8% from July 2017.
The July index for bread was 179.4, down 0.1% from June but up 1% from July 2017. Under this heading, the CPI for white bread was 323.9, down 0.1% from June but up 0.2% from July 2017. For bread other than white, the index was 349.8, up 0.4% from June and up 2.2% from a year ago.
The price index for fresh biscuits, rolls and muffins in July was 177.3, down 0.3% from June but up 1.6% from July 2017. The July index for cakes, cupcakes and cookies was 286.4, down 0.9% from June but up 1.5% from July 2017. Under this segment, other price indexes included fresh cakes and cupcakes, 309.2, down 0.1% from June but up 1.6% from July 2017; and cookies, 267.9, down 1.7% from the previous month but up 0.9% from the previous year.
The CPI for other bakery products in July was 266.3, up 0.1% from June but down 0.2% from July 2017. Under this heading, other price indexes in July included: fresh sweet rolls, coffee cakes and donuts, 302.8, up 3% from June and up 3.5% from July 2017; crackers and cracker products, 304.3, up 0.3% from June but down 1% from July 2017; and frozen and refrigerated bakery products, pies, tarts and turnovers, 268.6, down 1.1% from June and down 1.4% from the previous year.