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Inflation · ORIGINAL ECONOMIC RELEASE

June 2010 Consumer Price Index

The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the index increased 1.1 percent before…

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The Consumer Price Index for All Urban Consumers (CPI-U) declined 0.1 percent in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the index increased 1.1 percent before seasonal adjustment.

Similarly to April and May, a decline in the energy index caused the seasonally adjusted all items decrease in June. The index for energy decreased 2.9 percent in June, the same decline as in May, with a decline in the gasoline index accounting for most of the decrease. This more than offset an increase in the index for all items less food and energy, while the food index was unchanged for the second month in a row.

The index for all items less food and energy rose 0.2 percent in June after increasing 0.1 percent in May. A broad array of indexes posted increases, including shelter, apparel, used cars, medical care, tobacco, and recreation. These increases more than offset declines in the indexes for household furnishings and operations and for airline fares. The 12-month change in the index for all items less food and energy remained at 0.9 percent for the third month in a row.

Seasonally adjusted changes from preceding month Un- adjusted 12-mos. Dec. Jan. Feb. Mar. Apr. May June ended 2009 2010 2010 2010 2010 2010 2010 June 2010

Consumer Price Index Data for June 2010

Food

The food index was unchanged in June for the second straight month. The index for food away from home rose 0.1 percent, the third straight such increase, while the food at home index declined 0.1 percent. Within the latter group, four of the six major grocery store food groups declined. The fruits and vegetables index fell 1.3 percent, mostly due to a 3.0 percent decline in the index for fresh vegetables. The index for cereals and bakery products fell 0.6 percent and the indexes for other food at home and for nonalcoholic beverages fell 0.3 percent and 0.2 percent, respectively. In contrast to these declines, the index for meats, poultry, fish, and eggs rose 1.0 percent in June, the sixth consecutive monthly increase, and the dairy and related products index rose slightly. The food at home index has risen 0.2 percent over the last 12 months with none of the major groups rising or falling more than 2.0 percent.

Energy

The energy index declined 2.9 percent in June, the same decline as in May. The gasoline index declined 4.5 percent in June, its fifth consecutive monthly decline after nine consecutive monthly increases. The household energy index declined 1.6 percent in June, its largest decline in over a year. The fuel oil index fell 3.2 percent and the electricity index declined 2.2 percent, more than offsetting a 0.6 percent increase in the natural gas index. The energy index has increased 3.0 percent over the last 12 months. The gasoline index has risen 3.9 percent over the last 12 months, with the index for household energy up 1.6 percent.

All items less food and energy

The index for all items less food and energy rose 0.2 percent in June after rising 0.1 percent in May. The shelter index rose 0.1 percent in June, the same increase as last month. Within the shelter component, the rent index increased 0.1 percent in June. The index for owners' equivalent rent also rose 0.1 percent, its first increase since August 2009, and the index for lodging away from home rose 1.3 percent. The apparel index increased 0.8 percent, and the index for used cars continued to increase, rising 0.9 percent. The tobacco index rose 1.0 percent in June after increasing 1.3 percent in May. The index for new vehicles and recreation both rose slightly in June, increasing 0.1 percent. In contrast, the index for household furnishings and operations fell 0.4 percent in June, and the index for airline fares turned down, falling 0.6 percent after increasing in each of the previous three months.

Over the last 12 months, the index for all items less food and energy has risen 0.9 percent. Over that time period, the indexes for shelter, household furnishing and operations, apparel, recreation, and communication have posted decreases, while the indexes for used cars and trucks, medical care, new vehicles, tobacco, airline fares, and education have increased.

Not seasonally adjusted CPI measures

The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.1 percent over the last 12 months to an index level of 217.965 (1982-84=100). For the month, the index fell 0.1 percent prior to seasonal adjustment.

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 1.4 percent over the last 12 months to an index level of 213.839 (1982-84=100). For the month, the index fell 0.1 percent prior to seasonal adjustment.

The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 0.8 percent over the last 12 months. For the month, the index decreased 0.2 percent on a not seasonally adjusted basis. Please note that the indexes for the post-2008 period are subject to revision.

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Source: U.S. Bureau of Labor Statistics · Original release Jul 16, 2010.

Archived Nov 11, 2026. Source reuse policy. Formatting has been adapted for reading; the source’s conclusions remain attributed to its publisher.

MortgageRates.news analysis · Historical context

The mortgage market around this release

This original analysis is separate from the source article. It compares observed benchmarks around ; historical averages and yields are not current mortgage offers.

Read consumer inflation on a consistent basis

The Consumer Price Index measures changes in prices paid by urban consumers for a basket of goods and services. Check the index, reference month and seasonal adjustment before comparing figures. A monthly change and a twelve-month change describe different periods; the all-items index and the measure excluding food and energy cover different baskets. Consumer inflation informs the wider policy discussion, but the benchmark comparison below does not isolate this release from other information arriving during the month. BLS Consumer Price Index.

Nearest published observation on or before each target date
Benchmark30 days earlierJun 16, 2010Publication referenceJul 16, 201030 days laterAug 15, 2010
30-year fixed mortgageNational weekly averageFreddie Mac Primary Mortgage Market Survey®4.72%Observed 4.57%Observed −15 bps vs. earlier reference4.44%Observed −13 bps vs. publication reference
10-year TreasuryDaily par yieldU.S. Department of the TreasuryUnavailableBefore available coverage, which starts Jan 4, 2016.UnavailableBefore available coverage, which starts Jan 4, 2016.UnavailableBefore available coverage, which starts Jan 4, 2016.

Calendar references, not an intraday reaction. A same-day market observation may have been published after a morning release. These figures do not show what was known at its exact publication time. One basis point (bp) is 0.01 percentage point; changes use the actual dated observations shown.

Six months around publication

Apr 16, 2010 – Oct 16, 2010
Historical mortgage and Treasury observations around Jul 16, 2010Each dot is a published observation. No missing values are estimated. The dashed vertical line marks the article’s publication calendar date. Rates and yields are percentages.4.00%4.75%5.50%Publication date30-year fixed mortgage: 5.07% · Apr 22, 201030-year fixed mortgage: 5.06% · Apr 29, 201030-year fixed mortgage: 5.00% · May 6, 201030-year fixed mortgage: 4.93% · May 13, 201030-year fixed mortgage: 4.84% · May 20, 201030-year fixed mortgage: 4.78% · May 27, 201030-year fixed mortgage: 4.79% · Jun 3, 201030-year fixed mortgage: 4.72% · Jun 10, 201030-year fixed mortgage: 4.75% · Jun 17, 201030-year fixed mortgage: 4.69% · Jun 24, 201030-year fixed mortgage: 4.58% · Jul 1, 201030-year fixed mortgage: 4.57% · Jul 8, 201030-year fixed mortgage: 4.57% · Jul 15, 201030-year fixed mortgage: 4.56% · Jul 22, 201030-year fixed mortgage: 4.54% · Jul 29, 201030-year fixed mortgage: 4.49% · Aug 5, 201030-year fixed mortgage: 4.44% · Aug 12, 201030-year fixed mortgage: 4.42% · Aug 19, 201030-year fixed mortgage: 4.36% · Aug 26, 201030-year fixed mortgage: 4.32% · Sep 2, 201030-year fixed mortgage: 4.35% · Sep 9, 201030-year fixed mortgage: 4.37% · Sep 16, 201030-year fixed mortgage: 4.37% · Sep 23, 201030-year fixed mortgage: 4.32% · Sep 30, 201030-year fixed mortgage: 4.27% · Oct 7, 201030-year fixed mortgage: 4.19% · Oct 14, 2010Apr 16, 2010Jul 16, 2010Oct 16, 2010
30-year fixed mortgage26 observations
Dots show published observations only. Missing dates remain blank, with no interpolation. The series have different publication schedules and measure different markets.

What that benchmark difference would mean for a $300,000 loan

At the publication reference$1,532.56/month

4.57% · Jul 15, 2010

At the later reference$1,509.38/month

4.44% · Aug 12, 2010

The illustrative principal-and-interest payment is $23.18 lower per month. This holds the loan amount and term constant to show the arithmetic effect of the benchmark difference.

Assumptions: two separate hypothetical $300,000 loans, each fully amortizing over 30 years with 360 monthly payments and its stated fixed interest rate. Excludes points, lender fees, taxes, insurance, association charges and other costs. PMMS is a national average, not an APR or a personalized rate offer. These are not two payments on one existing loan.

Sources, historical coverage and calculation limits

The 30-day comparisons use calendar days. Each cell selects the last published observation on or before its target; no rates are synthesized for missing dates. Gaps greater than seven days for daily Treasury data or fourteen days for weekly mortgage data are marked unavailable. Forward comparisons require the date to have arrived and source coverage to extend through it.

Historical files may contain revisions and do not reconstruct precisely what every market participant knew at the time. Freddie Mac changed its PMMS collection methodology in November 2022. Cross-period comparisons should account for that change. These windows include other news and cannot establish causation or forecast the next rate move.

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