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16-102-KAN
Wednesday, January 20, 2016

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Consumer Price Index, St. Louis – Second Half 2015

Prices were unchanged from the second half of 2014 to the second half of 2015

The Consumer Price Index for All Urban Consumers (CPI-U) for the St. Louis, Mo.-Ill., metropolitan area was unchanged from the second half of 2014 to the second half of 2015, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Stanley W. Suchman noted that higher shelter costs had the largest upward impact on the index, while lower motor fuel prices influenced the index downward. Energy costs fell 12.0 percent, food prices advanced 1.3 percent, and the all items less food and energy index rose 1.0 percent over the year.

 Chart 1. Over-the-year percent change in CPI-U, St. Louis, second half 2012-second half 2015

Food

Food prices rose 1.3 percent from the second half of 2014 to the second half of 2015 led by a 2.8-percent rise in costs for food away from home. Prices for food at home also contributed to the increase with a gain of 0.5 percent. During the same period one year ago, these indexes rose 5.4 and 2.4 percent, respectively.

Energy

The energy index, which includes motor fuel and household fuels, decreased 12.0 percent from the second half of 2014 to the second half of 2015. All of the decline occurred during the first half of the period with prices rebounding slightly in the most recent half. Falling prices for motor fuel (-25.2 percent) were largely responsible for lower energy costs. The index for utility (piped) gas service, down 8.6 percent, also contributed to the decrease. In contrast, prices for electricity advanced 7.6 percent over the year.

All items less food and energy

The index for all items less food and energy rose 1.0 percent from the second half of 2014 to the second half of 2015. Among the expenditure categories posting higher costs were shelter (2.0 percent), medical care (1.0 percent) and recreation (1.2 percent). In contrast, the index for other goods and services (-1.5 percent) was among the components that registered lower prices over the year.

The St. Louis CPI-U stood at 220.100 for the second half of 2015. This means that a market basket of goods and services that cost $100.00 in the 1982-84 base period cost $220.10 in the second half of 2015. Because metropolitan area CPI data are not adjusted for seasonal price variation, consumers and businesses should be cautious in drawing conclusions about long-term retail price trends from short-term changes in the metropolitan area indexes.

CPI-W

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the St. Louis, Mo.-Ill., metropolitan area for the second half of 2015 was 218.965. The CPI-W decreased 0.2 percent from the second half of 2014 to the second half of 2015.

The Consumer Price Index for the First Half of 2016 is scheduled to be released on July 15, 2016.


Technical Note

The Consumer Price Index (CPI) is a measure of the average change in prices over time in a fixed market basket of goods and services. The Bureau of Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI-U) which covers approximately 89 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 28 percent of the total population. The CPI-U includes, in addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, and retirees and others not in the labor force.

The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other goods and services that people buy for day-to-day living. Each month, prices are collected in 87 urban areas across the country from about 6,000 housing units and approximately 24,000 retail establishments--department stores, supermarkets, hospitals, filling stations, and other types of stores and service establishments. All taxes directly associated with the purchase and use of items are included in the index.

The index measures price changes from a designated reference date (1982-84) that equals 100.0. An increase of 16.5 percent, for example, is shown as 116.5. This change can also be expressed in dollars as follows: the price of a base period "market basket" of goods and services in the CPI has risen from $10 in 1982-84 to $11.65. For further details see the CPI home page on the Internet at www.bls.gov/cpi and the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available on the Internet at www.bls.gov/opub/hom/homch17_a.htm.

In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the spending of the appropriate population group. Local data are then combined to obtain a U.S. city average. Because the sample size of a local area is smaller, the local area index is subject to substantially more sampling and other measurement error than the national index. In addition, local indexes are not adjusted for seasonal influences. As a result, local area indexes show greater volatility than the national index, although their long-term trends are quite similar. NOTE: Area indexes do not measure differences in the level of prices between areas; they only measure the average change in prices for each area since the base period.

The St. Louis, Mo.-Ill., area covered in this release includes Clinton, Jersey, Madison, Monroe, and St. Clair Counties in Illinois; and Crawford (part), Franklin, Jefferson, Lincoln, St. Charles, St. Louis, and Warren Counties and St. Louis City in Missouri.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes for semiannual averages and percent changes for selected periods

St. Louis, MO-IL (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
2nd half 2015 from-
2nd half
2014
1st half
2015
2nd half
2015
2nd half
2014
1st half
2015

Expenditure category

 
 

All Items

219.994 218.543 220.100 0.0 0.7

All items (1967=100)

653.419 649.109 653.732    

Food and beverages

245.947 246.906 248.553 1.1 0.7

Food

244.783 246.281 248.015 1.3 0.7

Food at home

231.083 230.911 232.222 0.5 0.6

Food away from home

266.488 271.495 273.942 2.8 0.9

Alcoholic beverages

234.548 228.032 228.278 -2.7 0.1

Housing

208.167 208.155 212.305 2.0 2.0

Shelter

238.199 240.275 243.064 2.0 1.2

Rent of primary residence (1)

215.472 218.026 222.150 3.1 1.9

Owners' equiv. rent of residences (1) (2)

247.253 248.729 252.310 2.0 1.4

Owners' equiv. rent of primary residence (1) (2)

247.253 248.729 252.310 2.0 1.4

Fuels and utilities

216.335 207.325 224.359 3.7 8.2

Household energy

203.050 187.706 206.411 1.7 10.0

Energy services (1)

206.746 191.633 211.955 2.5 10.6

Electricity (1)

216.266 196.229 232.743 7.6 18.6

Utility (piped) gas service (1)

160.894 155.966 147.123 -8.6 -5.7

Household furnishings and operations

123.328 122.936 122.984 -0.3 0.0

Apparel

152.919 152.607 151.959 -0.6 -0.4

Transportation

196.580 186.351 184.691 -6.0 -0.9

Private transportation

196.615 185.532 183.828 -6.5 -0.9

Motor fuel

284.676 228.602 212.959 -25.2 -6.8

Gasoline (all types)

279.782 224.821 209.495 -25.1 -6.8

Gasoline, unleaded regular (3)

272.066 217.906 202.077 -25.7 -7.3

Gasoline, unleaded midgrade (3) (4)

322.183 260.957 246.028 -23.6 -5.7

Gasoline, unleaded premium (3)

272.622 223.376 214.233 -21.4 -4.1

Medical Care

397.113 399.380 401.228 1.0 0.5

Recreation (5)

115.898 117.536 117.248 1.2 -0.2

Education and communication (5)

139.194 139.860 139.737 0.4 -0.1

Other goods and services

309.398 308.338 304.807 -1.5 -1.1
 

Commodity and Service Group

 
 

All Items

219.994 218.543 220.100 0.0 0.7

Commodities

190.242 186.043 185.054 -2.7 -0.5

Commodities less food & beverages

161.572 155.198 153.069 -5.3 -1.4

Nondurables less food & beverages

220.749 207.564 202.308 -8.4 -2.5

Durables

107.543 106.677 107.026 -0.5 0.3

Services

251.576 252.726 256.731 2.0 1.6
 

Special aggregate indexes:

 
 

All items less medical care

211.188 209.540 211.084 0.0 0.7

All items less shelter

215.563 212.836 213.958 -0.7 0.5

Commodities less food

164.944 158.516 156.441 -5.2 -1.3

Nondurables

233.736 227.570 225.747 -3.4 -0.8

Nondurables less food

223.047 210.198 205.260 -8.0 -2.3

Services less rent of shelter (2)

272.130 272.415 277.832 2.1 2.0

Services less medical care services

238.360 239.336 243.256 2.1 1.6

Energy

239.112 206.259 210.377 -12.0 2.0

All items less energy

221.537 222.594 223.934 1.1 0.6

All items less food and energy

217.761 218.738 220.008 1.0 0.6

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Index is on a November 1982=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1997=100 base.
 

Table 2. Consumer Price Index for Wage Earners and Clerical Workers (CPI-W): Indexes for semiannual averages and percent changes for selected periods

St. Louis, MO-IL (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
2nd half 2015 from-
2nd half
2014
1st half
2015
2nd half
2015
2nd half
2014
1st half
2015

Expenditure category

 
 

All Items

219.353 217.378 218.965 -0.2 0.7

All items (1967=100)

645.349 639.536 644.208    

Food and beverages

247.695 248.840 250.198 1.0 0.5

Food

247.326 248.874 250.285 1.2 0.6

Food at home

234.247 234.541 235.337 0.5 0.3

Food away from home

267.355 272.137 274.725 2.8 1.0

Alcoholic beverages

225.698 220.780 221.206 -2.0 0.2

Housing

211.041 210.898 215.727 2.2 2.3

Shelter

238.999 241.044 244.102 2.1 1.3

Rent of primary residence (1)

215.472 218.026 222.150 3.1 1.9

Owners' equiv. rent of residences (1) (2)

226.519 227.871 231.152 2.0 1.4

Owners' equiv. rent of primary residence (1) (2)

226.519 227.871 231.152 2.0 1.4

Fuels and utilities

220.702 211.486 229.973 4.2 8.7

Household energy

206.149 190.492 210.628 2.2 10.6

Energy services (1)

210.884 195.253 216.760 2.8 11.0

Electricity (1)

216.264 196.228 232.742 7.6 18.6

Utility (piped) gas service (1)

160.895 155.967 147.123 -8.6 -5.7

Household furnishings and operations

115.333 115.077 115.028 -0.3 0.0

Apparel

149.043 147.737 146.655 -1.6 -0.7

Transportation

200.730 189.723 187.959 -6.4 -0.9

Private transportation

199.750 188.382 186.574 -6.6 -1.0

Motor fuel

284.719 228.574 212.909 -25.2 -6.9

Gasoline (all types)

279.783 224.822 209.496 -25.1 -6.8

Gasoline, unleaded regular (3)

272.054 217.895 202.067 -25.7 -7.3

Gasoline, unleaded midgrade (3) (4)

322.183 260.957 246.028 -23.6 -5.7

Gasoline, unleaded premium (3)

272.635 223.387 214.243 -21.4 -4.1

Medical Care

399.388 401.564 403.190 1.0 0.4

Recreation (5)

118.548 120.230 119.576 0.9 -0.5

Education and communication (5)

132.548 133.124 133.146 0.5 0.0

Other goods and services

324.182 325.548 325.308 0.3 -0.1
 

Commodity and Service Group

 
 

All Items

219.353 217.378 218.965 -0.2 0.7

Commodities

194.331 189.566 188.524 -3.0 -0.5

Commodities less food & beverages

167.308 159.973 157.871 -5.6 -1.3

Nondurables less food & beverages

220.907 205.189 199.641 -9.6 -2.7

Durables

115.990 115.249 115.782 -0.2 0.5

Services

250.094 251.190 255.715 2.2 1.8
 

Special aggregate indexes:

 
 

All items less medical care

211.951 209.817 211.401 -0.3 0.8

All items less shelter

214.332 211.025 212.139 -1.0 0.5

Commodities less food

169.950 162.637 160.593 -5.5 -1.3

Nondurables

233.771 226.598 224.554 -3.9 -0.9

Nondurables less food

222.045 206.927 201.725 -9.2 -2.5

Services less rent of shelter (2)

250.894 251.031 256.855 2.4 2.3

Services less medical care services

237.333 238.280 242.739 2.3 1.9

Energy

239.587 205.283 208.399 -13.0 1.5

All items less energy

219.994 221.083 222.520 1.1 0.6

All items less food and energy

214.384 215.377 216.821 1.1 0.7

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Index is on a November 1984=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1997=100 base.
 

 

Last Modified Date: Wednesday, January 20, 2016