|
FOR FURTHER INFORMATION:
(816) 285-7000
|
FOR RELEASE:
February 20, 2008
|
|
|
CONSUMER PRICE INDEX (CPI) FOR KANSAS CITY, MO-KS
Prices increase 2.2 percent from the second half of 2006 to the second half of 2007
The Consumer Price Index for All Urban Consumers (CPI-U) for the Kansas City metropolitan area increased 2.2 percent from the second half of 2006 to the second half of 2007, the Bureau of Labor Statistics reported today. According to Regional Commissioner Stanley W. Suchman, rising prices for energy, led by higher gasoline prices, accounted for approximately half of the increase in the overall index. Energy prices, which include prices for motor fuel and household fuels, advanced 12.7 percent over the year. Excluding the impact of volatile energy prices, the Kansas City CPI was up 1.3 percent from the second half of 2006 to the second half 2007. Core inflation (as measured by the index for all items less food and energy) was 0.9 percent higher over the year.
Among the eight major expenditure categories, housing and transportation had the most impact on the overall index. The housing index rose 2.5 percent from the second half of 2006 to the second half of 2007. Shelter costs were up 1.8 percent, with rent of primary residence rising 3.4 percent and owners' equivalent rent of primary residence increasing 1.6 percent. Prices for fuels and utilities advanced 6.7 percent. Within fuels and utilities, electricity costs rose 10.7 percent, the largest over-the-year increase since semi-annual publication of the index began in 1987. The index for utility (piped) gas service increased 3.2 percent from the second half of 2006 to the second half of 2007 following a decline of 7.6 percent over the same period one year ago. Prices for household furnishings and operations rose 1.8 percent over the year.
Transportation prices increased 3.9 percent over the year. Private transportation costs, which include prices for vehicles and motor fuel, rose 3.7 percent. Motor fuel prices in the Kansas City metropolitan area advanced 17.4 percent from the second half of 2006 to the second half of 2007, following a 2.8 percent increase in the previous year.
Also pushing the overall index higher, food and beverages prices increased 3.6 percent from the second half of 2006 to the second half of 2007. Food at home prices rose 5.3 percent, the largest over-the-year increase since 1997, and the cost of food away from home was up 2.8 percent. Prices for alcoholic beverages increased 1.6 percent over the same period.
The remaining five major expenditure categories accounted for only about one-fifth of the movement in the overall index. The apparel index declined 3.8 percent from the second half of 2006 to the second half of 2007 following an increase of 6.6 percent in the previous year. Recreation prices, which include admissions to movies, concerts, and sporting events, decreased 1.9 percent. Medical care charges rose 1.2 percent over the year after advancing 5.5 percent in the same period one year ago. Costs for education and communication rose 1.1 percent from the second half of 2006 to the second half of 2007. The other goods and services index, which includes prices for tobacco and smoking products and personal care items, increased 1.2 percent over the same period.
The Kansas City CPI-U stood at 195.753 for the second half of 2007. This means that a market basket of goods and services that cost $100.00 in 1982-84 cost $195.75 in the second half of 2007. 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.
___________________________________________________________________________
Information in this release will be made available to sensory impaired individuals upon request.
Voice phone: 202-691-5200; TDD message referral phone number (Federal Relay Service):
1-800-877-8339.
___________________________________________________________________________
|
Consumer Price Index for All Urban Consumers (CPI-U): Indexes for semiannual averages and percent changes
for selected periods
Kansas City, MO-KS (1982-84=100 unless otherwise noted)
Semiannual average indexes Percent change to
2nd half 2007 from-
Item and Group
2nd half 1st half 2nd half
2006 2007 2007 2nd half 1st half
2006 2007
Expenditure category
All items.................................... 191.6 193.206 195.753 2.2 1.3
All items (1967=100)......................... 568.8 573.699 581.261 - -
Food and beverages.......................... 193.1 196.627 200.003 3.6 1.7
Food....................................... 195.2 198.954 202.481 3.7 1.8
Food at home.............................. 190.8 195.976 200.971 5.3 2.5
Food away from home....................... 202.2 204.800 207.896 2.8 1.5
Alcoholic beverages........................ 164.9 165.952 167.489 1.6 .9
Housing..................................... 184.8 187.134 189.345 2.5 1.2
Shelter.................................... 205.0 205.937 208.645 1.8 1.3
Rent of primary residence................. 200.2 205.873 207.045 3.4 .6
Owners' equivalent rent of primary
residence (1) ........................ 201.3 202.539 204.524 1.6 1.0
Fuels and utilities........................ 183.5 190.838 195.809 6.7 2.6
Household energy.......................... 162.6 167.364 174.235 7.2 4.1
Gas (piped) and electricity.............. 161.6 166.601 173.188 7.2 4.0
Electricity............................. 104.9 105.018 116.102 10.7 10.6
Utility (piped) gas service............. 242.4 257.893 250.055 3.2 -3.0
Household furnishings and operations....... 124.2 126.280 126.406 1.8 .1
Apparel..................................... 112.7 110.528 108.442 -3.8 -1.9
Transportation.............................. 175.8 177.784 182.594 3.9 2.7
Private transportation..................... 174.3 175.990 180.738 3.7 2.7
Motor fuel................................ 218.3 232.538 256.374 17.4 10.3
Gasoline (all types)..................... 218.1 232.383 256.183 17.5 10.2
Gasoline, unleaded regular (2).......... 212.8 227.131 250.595 17.8 10.3
Gasoline, unleaded midgrade (2) (3)..... 264.3 281.424 309.683 17.2 10.0
Gasoline, unleaded premium (2).......... 217.3 229.531 252.207 16.1 9.9
Medical care................................ 299.3 299.060 302.852 1.2 1.3
Recreation (4).............................. 115.7 113.946 113.457 -1.9 -.4
Education and communication (4)............. 114.3 114.009 115.505 1.1 1.3
Other goods and services.................... 319.8 324.187 323.679 1.2 -.2
Commodity and service group
All items.................................... 191.6 193.206 195.753 2.2 1.3
Commodities................................. 164.0 165.582 167.364 2.1 1.1
Commodities less food and beverages........ 148.8 149.465 150.577 1.2 .7
Nondurables less food and beverages....... 189.9 192.098 195.585 3.0 1.8
Durables.................................. 108.4 108.034 107.434 -.9 -.6
Services.................................... 218.8 220.550 223.873 2.3 1.5
Special aggregate indexes
All items less medical care.................. 185.6 187.343 189.820 2.3 1.3
All items less shelter....................... 187.9 189.740 192.391 2.4 1.4
Commodities less food........................ 149.1 149.806 150.929 1.2 .7
Nondurables.................................. 191.6 194.505 197.941 3.3 1.8
Nondurables less food........................ 188.0 190.118 193.469 2.9 1.8
Services less rent of shelter (1) ........... 242.2 244.610 249.228 2.9 1.9
Services less medical care services.......... 209.6 211.437 214.185 2.2 1.3
Energy....................................... 188.6 197.778 212.496 12.7 7.4
All items less energy........................ 193.0 193.903 195.519 1.3 .8
All items less food and energy.............. 192.8 193.192 194.468 .9 .7
1 Index is on a December 1982=100 base.
2 Special index based on a substantially smaller sample.
3 Indexes on a December 1993=100 base.
4 Indexes on a December 1997=100 base.
- Data not available.
NOTE: Index applies to a month as a whole, not to any specific date.
Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W):Indexes for semiannual averages
and percent changes for selected periods
Kansas City, MO-KS (1982-84=100 unless otherwise noted)
Semiannual average indexes Percent change to
2nd half 2007 from-
Item and Group
2nd half 1st half 2nd half
2006 2007 2007 2nd half 1st half
2006 2007
Expenditure category
All items.................................... 182.8 184.561 187.094 2.3 1.4
All items (1967=100)......................... 535.5 540.763 548.186 - -
Food and beverages.......................... 192.6 196.321 199.666 3.7 1.7
Food....................................... 194.4 198.251 201.749 3.8 1.8
Food at home.............................. 189.7 195.088 199.898 5.4 2.5
Food away from home....................... 202.0 204.594 207.728 2.8 1.5
Alcoholic beverages........................ 165.9 167.032 168.009 1.3 .6
Housing..................................... 175.5 177.840 179.722 2.4 1.1
Shelter.................................... 192.3 193.383 195.862 1.9 1.3
Rent of primary residence................. 200.2 205.873 207.045 3.4 .6
Owners' equivalent rent of primary
residence (1)........................ 183.3 184.399 186.206 1.6 1.0
Fuels and utilities........................ 182.4 189.655 194.785 6.8 2.7
Household energy.......................... 162.0 166.617 173.731 7.2 4.3
Gas (piped) and electricity.............. 162.0 166.879 173.719 7.2 4.1
Electricity............................. 104.9 105.020 116.103 10.7 10.6
Utility (piped) gas service............. 242.4 257.892 250.054 3.2 -3.0
Household furnishings and operations....... 113.2 114.671 114.272 .9 -.3
Apparel..................................... 106.6 102.483 102.586 -3.8 .1
Transportation.............................. 166.9 168.780 173.546 4.0 2.8
Private transportation..................... 165.9 167.527 172.252 3.8 2.8
Motor fuel................................ 218.3 232.522 256.355 17.4 10.2
Gasoline (all types)..................... 218.1 232.377 256.177 17.5 10.2
Gasoline, unleaded regular (2).......... 212.8 227.129 250.592 17.8 10.3
Gasoline, unleaded midgrade (2) (3)..... 264.3 281.424 309.683 17.2 10.0
Gasoline, unleaded premium (2).......... 217.3 229.523 252.198 16.1 9.9
Medical care................................ 300.9 301.018 304.312 1.1 1.1
Recreation (4).............................. 113.5 112.908 112.407 -1.0 -.4
Education and communication (4)............. 107.5 107.871 108.849 1.3 .9
Other goods and services.................... 323.0 327.980 327.421 1.4 -.2
Commodity and service group
All items.................................... 182.8 184.561 187.094 2.3 1.4
Commodities................................. 159.0 160.375 162.374 2.1 1.2
Commodities less food and beverages........ 143.1 143.568 145.010 1.3 1.0
Nondurables less food and beverages....... 185.8 187.880 192.644 3.7 2.5
Durables.................................. 109.6 108.889 108.021 -1.4 -.8
Services.................................... 210.5 212.761 215.947 2.6 1.5
Special aggregate indexes
All items less medical care.................. 177.8 179.640 182.138 2.4 1.4
All items less shelter....................... 180.4 182.358 185.031 2.6 1.5
Commodities less food........................ 143.7 144.248 145.681 1.4 1.0
Nondurables.................................. 189.3 192.136 196.215 3.7 2.1
Nondurables less food........................ 184.7 186.739 191.300 3.6 2.4
Services less rent of shelter (1)........... 212.9 216.005 220.087 3.4 1.9
Services less medical care services.......... 201.5 203.843 206.496 2.5 1.3
Energy....................................... 187.0 196.121 210.986 12.8 7.6
All items less energy........................ 183.7 184.692 186.216 1.4 .8
All items less food and energy.............. 181.6 181.993 183.108 .8 .6
1 Index is on a December 1984=100 base.
2 Special index based on a substantially smaller sample.
3 Indexes on a December 1993=100 base.
4 Indexes on a December 1997=100 base.
- Data not available.
NOTE: Index applies to a month as a whole, not to any specific date.
Last Modified Date: February 20, 2008
|
Back to Top
