U.S. CPI for baked foods, cereals climbs 1.1%

by World Grain Staff
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WASHINGTON, D.C., U.S. — The Consumer Price Index (CPI) for baked foods and cereal products rose 1.1% in January after rising 0.3% in December, according to the Bureau of Labor Statistics of the U.S. Department of Labor. The index for all food at home also finished higher, rising 1.4% after gaining 0.2% in December.

The January index for Cereals and Bakery Products before seasonal adjustment was 253.3% of the 1982-84 average, up 1% from a year ago. For all food at home, the January index was 220, up 2.1% from January 2010.

The CPI for cereals and cereal products in January was 220.2, up 1.1% from December and up 0.5% from January 2010. The index for products within this category included: flour and prepared mixes, 229.7, up 5.4% from December but down 0.5% from the previous year; breakfast cereal, 215.9, up 0.3% from the previous month and up 0.4% from a year ago; and rice, pasta and corn meal, 229.2, up 1.1% from December and up 1.1% from January 2010.

The price index for bakery products in January was 271, up 1% from December and up 1.3% from January 2010.

The January index for bread was 162.9, up 0.7% from December and up 2.5% from January 2010. Under this heading, the CPI for white bread was 297.5, up 0.3% from December and up 2.9% from January 2010. For bread other than white, the index was 312.2, up 1.3% from December and up 2% from a year ago.

The price index for fresh biscuits, rolls and muffins in January was 159.5, up 1% from December and up 3.9% from January 2010. The January index for cakes, cupcakes and cookies was 254.4, up 0.1% from December and up 1.1% from January 2010. Under this segment, other price indexes included fresh cakes and cupcakes, 262.5, up 1% from December and up 2.7% from January 2010; and cookies, 245, down 1.5% from the previous month and down 0.4% from the previous year.
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