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June Consumer Price Index dips 0.2 percent

WASHINGTON, July 15 (UPI) -- The Consumer Price Index fell a seasonally adjusted 0.2 percent in June while the core rate rose 0.3 percent, the U.S. Labor Department said Friday.

The index has risen 3.6 percent in the last 12 months before the seasonal adjustment, the department's Bureau of Labor Statistics said in a release.

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The CPI core excludes food and energy.

The gasoline index declined sharply in June, falling 6.8 percent, the bureau said, and was a major factor in the seasonally adjusted drop in the all-items index.

The bureau noted the index for household energy fell as well.

The indexes for shelter, apparel, new vehicles, used cars and trucks, and healthcare also rose in June, the Labor Department agency said.

The food index rose 0.2 percent, the smallest increase of the year, statistics indicated.

The 12-month change in the all-items index was 3.6 percent, the department said.

The change in the index less food and energy rose to 1.6 percent, its highest level since January 2010, the BLS said. The food index increased 3.7 percent during the last 12 months while the energy index rose 20.1 percent.

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