Transmission of material in this release is embargoed until NYLS - 7406 8:30 a.m. (EDT), Wednesday, November 18, 2009 Technical information: Martin Kohli (646) 264-3620 • BLSInfoNewYork@bls.gov • www.bls.gov/ro2 Media contact: Michael L. Dolfman (212) 337-2500 Consumer Price Index, New York-Northern New Jersey - October 2009 Area prices down 0.1 percent in October; unchanged from year ago Retail prices in the greater New York area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), inched down 0.1 percent in October, the U.S. Bureau of Labor Statistics reported today. Michael L. Dolfman, Regional Commissioner, attributed the October change to a drop in energy prices that was largely offset by higher prices for shelter, as well as for food and beverages. For the 12 months ended in October 2009, the CPI-U was virtually unchanged. The index for all items less food and energy rose 1.3 percent. The energy index fell 3.5 percent in October, and household energy prices posted their third consecutive monthly decline (3.7 percent). (See chart A.) A 7.1-percent retreat in electricity charges (in part reflecting the removal of summer surcharges) was tempered by a 1.7- percent increase in natural gas prices, as well as by higher charges for fuel oil. Gasoline prices dropped 3.5 percent, the largest decline in 9 months. The 12-month percent change for energy slowed to its smallest decline since November, -11.5 percent.New York-Northern New Jersey CPI monthly and annual percent changes (not seasonally adjusted) | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 Month | Mo | Ann | Mo | Ann | Mo | Ann | Mo | Ann | Mo | Ann | Mo | Ann January 0.3 2.7 0.6 4.1 0.8 3.7 0.2 2.7 0.2 3.7 0.2 1.5 February 0.6 2.5 0.4 3.9 0.2 3.6 0.6 3.1 0.5 3.6 0.5 1.6 March 1.1 3.2 1.7 4.4 0.8 2.7 0.7 2.9 0.9 3.8 0.2 0.8 April 0.3 3.7 0.0 4.2 0.9 3.6 0.5 2.5 0.3 3.6 0.2 0.8 May 0.2 3.9 -0.5 3.4 0.6 4.8 0.6 2.5 1.0 4.0 0.2 -0.1 June 0.8 4.6 -0.3 2.3 0.5 5.6 0.5 2.5 1.0 4.5 0.5 -0.6 July -0.2 3.9 0.9 3.4 0.2 5.0 0.2 2.5 0.7 5.1 0.2 -1.1 August 0.1 3.3 0.8 4.1 0.4 4.7 -0.1 1.9 0.1 5.4 0.3 -0.9 September 0.1 3.2 0.8 4.8 -0.5 3.3 0.0 2.4 -0.2 5.2 0.1 -0.6 October 0.7 3.7 0.4 4.5 -0.5 2.4 0.1 3.1 -0.7 4.3 -0.1 0.0 November 0.0 3.9 -0.6 3.9 -0.4 2.6 0.4 3.9 -1.6 2.2 December -0.2 3.8 -0.5 3.6 0.2 3.3 0.0 3.7 -0.6 1.6 The housing index declined 0.3 percent after a 0.7-percent September fall. The fuels and utilities component dropped 3.3 percent, largely reflecting the decrease in electricity charges. The household furnishings component also posted a decline (-1.3 percent). On the other hand, shelter prices edged up 0.2 percent in October. Prices for owners' equivalent and residential rent were little changed over the month. The food and beverages index posted a 0.2-percent increase for the second consecutive month. The food-at-home component increased 0.3 percent, reflecting higher prices for a variety of foods including snacks, uncooked beef roasts, bananas, and tea. Prices for food away from home rose 0.2 percent. For the year ended in October, food and beverage prices decreased 0.2 percent, with grocery prices down 2.4 percent, the largest 12-month percent decline since the year ended in November 1961. Among other expenditure categories, apparel rose 0.3 percent, with higher prices recorded for men's furnishings and infants' and toddlers' apparel. Medical care (0.4 percent) and other goods and services (1.3 percent) also registered October increases. In contrast, the recreation index fell 0.4 percent, partly due to reduced prices for televisions, and the education and communication index ticked down 0.1 percent, with lower prices for long distance telephone service. With the New York-Northern New Jersey CPI-U at 238.380 in October (1982-84=100), $23.84 was required to purchase what $10 could in the 1982-84 base period. The purchasing power of the dollar was 41.9 cents in 1982-84 dollars and 14.5 cents in 1967 dollars. In October, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI- W) was 233.084, down 0.2 percent. The CPI-W inched up 0.1 percent over the year. On a 1967 base, the October CPI-W was 663.650. Data in this report are not seasonally adjusted. Accordingly, month-to- month changes may reflect the impact of seasonal influences. The New York-Northern New Jersey-Long Island, N.Y.-N.J.-Conn.-Pa. consolidated area comprises Bronx, Dutchess, Kings, Nassau, New York, Orange, Putnam, Queens, Richmond, Rockland, Suffolk, and Westchester Counties in New York State; Bergen, Essex, Hudson, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union, and Warren Counties in New Jersey; Fairfield County and parts of Litchfield, Middlesex, and New Haven Counties in Connecticut; and Pike County in Pennsylvania. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods New York-Northern N.J.-Long Island, NY-NJ-CT-PA (1982-84=100 unless otherwise noted) Indexes Percent change from- Item and Group Aug. Sep. Oct. Oct. Aug. Sep. 2009 2009 2009 2008 2009 2009 Expenditure category All items............................... 238.282 238.568 238.380 0.0 0.0 -0.1 All items (1967=100).................... 688.841 689.668 689.123 - - - Food and beverages .................... 226.620 226.991 227.547 -.2 .4 .2 Food.................................. 225.732 226.001 226.554 -.4 .4 .2 Food at home......................... 223.036 223.585 224.186 -2.4 .5 .3 Food away from home.................. 235.029 234.967 235.475 2.0 .2 .2 Alcoholic beverages................... 235.597 237.504 238.102 2.2 1.1 .3 Housing................................ 258.755 256.970 256.273 -.3 -1.0 -.3 Shelter............................... 313.419 310.805 311.411 .8 -.6 .2 Rent of primary residence 1/......... 308.218 307.895 307.574 2.1 -.2 -.1 Owners' equivalent rent of primary residence 1/ 2/ ................. 321.246 319.404 319.705 1.3 -.5 .1 Fuels and utilities................... 201.134 199.694 193.113 -6.3 -4.0 -3.3 Household energy..................... 201.804 200.084 192.766 -7.6 -4.5 -3.7 Gas (piped) and electricity 1/...... 200.503 198.741 189.744 -3.6 -5.4 -4.5 Electricity 1/..................... 194.740 198.296 184.199 6.9 -5.4 -7.1 Utility (piped) gas service 1/..... 205.654 191.590 194.827 -20.6 -5.3 1.7 Household furnishings and operations.. 123.789 125.039 123.386 -3.7 -.3 -1.3 Apparel................................ 111.841 121.774 122.091 2.2 9.2 .3 Transportation......................... 195.152 196.237 195.770 -2.3 .3 -.2 Private transportation................ 184.855 185.943 185.250 -2.7 0.2 -0.4 Motor fuel........................... 210.528 208.687 201.648 -16.3 -4.2 -3.4 Gasoline (all types)................ 210.055 208.234 201.023 -16.1 -4.3 -3.5 Gasoline, unleaded regular 3/...... 212.362 209.973 202.677 -15.7 -4.6 -3.5 Gasoline, unleaded midgrade 3/ 4/.. 210.405 210.353 202.567 -17.4 -3.7 -3.7 Gasoline, unleaded premium 3/...... 206.679 205.687 199.149 -16.5 -3.6 -3.2 Medical care........................... 370.817 372.519 374.115 1.8 .9 .4 Recreation 5/.......................... 118.254 117.331 116.856 1.1 -1.2 -.4 Education and communication 5/......... 135.566 135.687 135.506 1.9 .0 -.1 Other goods and services............... 362.008 361.853 366.539 3.4 1.3 1.3 Commodity and service group All items............................... 238.282 238.568 238.380 .0 .0 -.1 Commodities............................ 176.423 178.832 178.506 -2.1 1.2 -.2 Commodities less food and beverages... 143.470 146.745 146.008 -3.5 1.8 -.5 Nondurables less food and beverages.. 174.944 179.450 178.199 -5.0 1.9 -.7 Durables............................. 102.608 104.369 104.242 -.5 1.6 -.1 Services............................... 291.147 289.665 289.590 1.1 -0.5 0.0 Special aggregate indexes All items less medical care............. 232.206 232.445 232.200 -.1 .0 -.1 All items less shelter.................. 208.705 210.261 209.723 -.5 .5 -.3 Commodities less food................... 147.145 150.401 149.699 -3.2 1.7 -.5 Nondurables............................. 202.487 205.081 204.677 -2.5 1.1 -.2 Nondurables less food................... 178.769 183.152 181.995 -4.5 1.8 -.6 Services less rent of shelter 2/ ....... 276.705 276.625 275.712 1.6 -.4 -.3 Services less medical care services..... 283.760 282.163 282.011 1.0 -.6 -.1 Energy.................................. 206.219 204.442 197.212 -11.5 -4.4 -3.5 All items less energy................... 243.073 243.563 244.062 1.0 .4 .2 All items less food and energy......... 247.763 248.298 248.790 1.3 .4 .2 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 December 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. - Data not available.
Last Modified Date: November 18, 2009
