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The Consumer Price Index (CPI) based on prices in July 2017 is 442.9 points (May 1988=100), 0.02% lower than previous month. The CPI less housing cost is 383.8 points, 0.57% lower than in June 2017.
Prices of clothing and footwear decreased by 11.0% (effect on the index -0.41%). Cost of owner occupied housing (imputed rent), rose by 1.7% (0.34%) and international airfares rose by 20.3% (0.25%).
The CPI is 1.8% higher in July 2017 than in July 2016 while the CPI less housing cost is 3.1% lower than one year ago.
* Annualized rates