The Consumer Price Index rose 0.9% in June.  The seasonally adjusted rate of growth was 0.7%.  The rise in energy prices seems to be a key factor, as the gasoline index rose 17.3 % in the month, according to the Bureau of Labor Statistics, but it was not the only index that turned up.  Food reversed price declines from May, and the housing index held steady after three months of decline.  

The year to-date trends look strong overall:

The CPI-U all items index advanced at a seasonally adjusted  annualized rate (SAAR) of 3.3 percent in the second quarter of 2009 after  increasing at a 2.2 percent rate in the first quarter.  This brings the  year-to-date SAAR to 2.7 percent and compares with a 0.1 percent increase  in all of 2008.  The index for energy, which fell 21.3 percent during  2008, rose at a 14.8 percent SAAR in the first six months of 2009.  Energy  commodities increased at a 52.1 percent rate in the first half of the  year, while energy services declined at a 13.6 percent rate.  The index  for food declined at a 1.1 percent SAAR in the first six months of 2009  after rising 5.9 percent in all of 2008.  The food at home index declined  at a 3.8 percent rate during the first half of 2009 after rising 6.6  percent in 2008.

Read the BLS report here.