Table 5 
Main contributors to the 12-month and 1-month change in the Consumer Price Index 

Main contributors to the 12-month and 1-month change in the Consumer Price Index
  July 2023 to July 2024
  % change
Main contributors to the 12-month change  
Main upward contributors  
Mortgage interest cost 21.0
Rent 8.5
Food purchased from restaurants 3.8
Passenger vehicle insurance premiums 9.6
Property taxes and other special charges 4.9
Main downward contributors  
Telephone services -6.9
Purchase of passenger vehicles -1.4
Digital computing equipment and devices -9.4
Travel tours -2.8
Homeowners' replacement cost -0.8
  June to July 2024
  % change
Main contributors to the 1-month change, not seasonally adjusted  
Main upward contributors  
Gasoline 2.4
Air transportation 8.4
Travel tours 4.5
Mortgage interest cost 0.9
Passenger vehicle insurance premiums 1.9
Main downward contributors  
Purchase of passenger vehicles -0.7
Women's clothing -2.4
Children's clothing -3.9
Homeowners' replacement cost -0.3
Fresh fruit -1.4
Source(s):
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