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Inflation rises to 7% in December (led by energy)

Inflation rises to 7% in December (led by energy)

Charts related to the latest “Consumer Price Index” news release   |  
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12-month percentage change, Consumer Price Index, selected categories, December 2021, not seasonally adjusted
Category 12-month percent change, Dec 2021

All items

7.0%

Food

6.3%

Food at home

6.5%

Cereals and bakery products

4.8%

Meats, poultry, fish, and eggs

12.5%

Dairy and related products

1.6%

Fruits and vegetables

5.0%

Nonalcoholic beverages and beverage materials

5.2%

Other food at home

5.6%

Food away from home

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6.0%

Full service meals and snacks

6.6%

Limited service meals and snacks

8.0%

Energy

29.3%

Energy commodities

48.9%

Fuel oil

41.0%

Gasoline (all types)

49.6%

Energy services

10.4%

Electricity

6.3%

Natural gas (piped)

24.1%

All items less food and energy

5.5%

Commodities less food and energy commodities

10.7%

Apparel

5.8%

New vehicles

11.8%

Used cars and trucks

37.3%

Medical care commodities

0.4%

Alcoholic beverages

2.3%

Tobacco and smoking products

9.0%

Services less energy services

3.7%

Shelter

4.2%

Rent of primary residence

3.3%

Owners’ equivalent rent of residences

3.8%

Medical care services

2.5%

Physicians’ services

4.3%

Hospital services

3.3%

Transportation services

4.2%

Motor vehicle maintenance and repair

4.8%

Motor vehicle insurance

4.1%

Airline fare

1.4%


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About the author: Roxane Anderson
“The man who can dominate a London dinner-table can dominate the world.” – Oscar Wilde
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