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errata

Incorrect prices for prescription drugs were used for the CPI-U and CPI-W indexes from May through August 2016 in a number of areas. Several indexes were affected, including the all items and medical care indexes. A list of the series affected can be found at www.bls.gov/bls/errata/cpi-price-corrections-10182016.htm, and the corrected data are available in the CPI database (www.bls.gov/cpi/data.htm).

News Release Information

16-1246-PHI
Thursday, June 16, 2016

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Technical information:
Media contact:

Consumer Price Index, Northeast Region – May 2016

Regional prices up 0.3 percent over the month and 0.9 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Northeast advanced 0.3 percent in May, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s regional commissioner, noted that the recent increase was due to a 0.2-percent rise in the all items less food and energy index and a 2.4-percent advance in the energy index. Partially offsetting the overall increase was a one-month decrease in the food index, down 0.4 percent. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)

Over the last 12 months, the Northeast all items CPI-U increased 0.9 percent, due mostly to a 2.0-percent advance in the all items less food and energy index. Food prices also rose, up 0.2 percent over the year. (See chart 1 and table A.) The increase was moderated by a 9.5-percent decline in the energy index since May 2015.(See table 1.)

Food

The food index fell 0.4 percent since April. Prices for one of its two components, food at home, decreased 0.8 percent, while prices for the other, food away from home, inched up 0.1 percent over the month.

From May 2015 to May 2016, the food index increased 0.2 percent. Prices for food away from home rose 2.6 percent over the year, while those for food at home declined 1.4 percent.

Energy

The energy index, which includes prices for household and transportation fuels, increased 2.4 percent since April, due to a 7.1-percent rise in gasoline prices. Prices for electricity and utility (piped) gas service decreased over the month, down 1.4 and 1.6 percent, respectively.

The energy index fell 9.5 percent since May 2015, led by a 14.4-percent drop in gasoline prices. Prices for electricity and utility (piped) gas service also decreased over the year, down 2.0 and 3.0 percent, respectively.

All items less food and energy

The index for all items less food and energy edged up 0.2 percent in May. The index’s increase was led by higher prices for shelter (0.4 percent). Prices for medical care also increased, up 0.3 percent over the month, while those for recreation and education and communication decreased, down 0.3 and 0.1 percent, respectively.

Over the year, the index for all items less food and energy increased 2.0 percent, led by higher prices for shelter (2.7 percent). Prices were also higher over the year for medical care (3.2 percent) and education and communication (2.0 percent), among others.

Table A. Northeast region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2012 2013 2014 2015 2016
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.4 2.9 0.3 1.8 0.6 1.5 -0.2 -0.4 0.0 0.7

February

0.4 2.8 0.6 2.0 0.1 1.0 0.2 -0.2 0.2 0.7

March

0.5 2.5 0.0 1.5 0.5 1.5 0.3 -0.4 0.2 0.6

April

0.3 2.3 -0.1 1.1 0.0 1.6 0.1 -0.3 0.6 1.0

May

-0.1 1.7 0.0 1.2 0.4 2.0 0.4 -0.3 0.3 0.9

June

-0.2 1.5 0.1 1.5 0.0 1.9 0.3 0.0    

July

-0.1 1.1 0.2 1.8 0.1 1.8 -0.1 -0.2    

August

0.5 1.3 0.2 1.5 -0.3 1.3 -0.2 -0.1    

September

0.5 1.7 0.1 1.1 0.0 1.2 0.0 -0.1    

October

0.1 1.9 -0.4 0.7 -0.2 1.4 -0.2 -0.1    

November

-0.2 1.8 0.1 1.0 -0.4 0.9 0.0 0.3    

December

-0.3 1.8 0.0 1.3 -0.5 0.4 -0.4 0.5    

The Consumer Price Index for June 2016 is scheduled to be released Friday, July 15, 2016, at 8:30 a.m. (ET).


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 4,000 housing units and approximately 26,000 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/pdf/homch17.pdf.

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 cities; they only measure the average change in prices for each area since the base period.

The Northeast region is comprised of Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.

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

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods, Northeast Region, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure categoryIndexesPercent change from
 
Historical
data
Mar.
2016
Apr.
2016
May
2016
May
2015
Mar.
2016
Apr.
2016

All items

Jump to page with historical data
252.854254.270255.0210.90.90.3

All items (December 1977 = 100)

Jump to page with historical data
398.168400.397401.581   
 

Food and beverages

Jump to page with historical data
252.308253.098251.9880.3-0.1-0.4

Food

Jump to page with historical data
252.236253.153252.0400.2-0.1-0.4

Food at home

Jump to page with historical data
246.278247.349245.302-1.4-0.4-0.8

Food away from home

Jump to page with historical data
264.313265.001265.3162.60.40.1

Alcoholic beverages

Jump to page with historical data
252.050251.194250.1390.5-0.8-0.4
 

Housing

Jump to page with historical data
267.159267.721268.4621.70.50.3

Shelter

Jump to page with historical data
330.202331.180332.5032.70.70.4

Rent of primary residence (1)

Jump to page with historical data
332.072332.609333.4973.00.40.3

Owners' equivalent rent of residences (1) (2)

Jump to page with historical data
342.247342.984343.8772.80.50.3

Owners' equivalent rent of primary residence (1) (2)

Jump to page with historical data
341.976342.709343.6042.70.50.3

Fuels and utilities

Jump to page with historical data
206.830206.666205.628-3.6-0.6-0.5

Household energy

Jump to page with historical data
182.209181.920180.656-5.0-0.9-0.7

Energy services (1)

Jump to page with historical data
186.299185.770183.015-2.2-1.8-1.5

Electricity (1)

Jump to page with historical data
197.366196.766193.940-2.0-1.7-1.4

Utility (piped) gas service (1)

Jump to page with historical data
149.653149.311146.902-3.0-1.8-1.6

Household furnishings and operations

Jump to page with historical data
122.791122.538122.689-1.1-0.10.1
 

Apparel

Jump to page with historical data
132.779132.911132.9101.20.10.0
 

Transportation

Jump to page with historical data
190.762195.913199.134-2.94.41.6

Private transportation

Jump to page with historical data
181.751186.608189.500-3.34.31.5

New and used motor vehicles (3)

Jump to page with historical data
97.68697.94698.010-0.50.30.1

New vehicles

Jump to page with historical data
145.652145.410145.3900.0-0.20.0

New cars and trucks (3) (4)

Jump to page with historical data
100.909100.740100.7200.0-0.20.0

New cars (4)

Jump to page with historical data
137.514137.174136.986-0.5-0.4-0.1

Used cars and trucks

Jump to page with historical data
153.201154.668154.544-2.20.9-0.1

Motor fuel

Jump to page with historical data
161.526181.944194.905-14.520.77.1

Gasoline (all types)

Jump to page with historical data
160.807181.275194.228-14.420.87.1

Gasoline, unleaded regular (4)

Jump to page with historical data
157.741178.765191.798-15.221.67.3

Gasoline, unleaded midgrade (4) (5)

Jump to page with historical data
175.802194.214207.412-11.918.06.8

Gasoline, unleaded premium (4)

Jump to page with historical data
175.394191.315203.184-10.615.86.2
 

Medical care

Jump to page with historical data
479.701482.472484.0433.20.90.3

Medical care commodities

Jump to page with historical data
381.577383.681386.5062.31.30.7

Medical care services

Jump to page with historical data
507.331510.297511.4203.40.80.2

Professional services

Jump to page with historical data
368.111369.611370.5152.30.70.2
 

Recreation (3)

Jump to page with historical data
121.334121.453121.149-0.1-0.2-0.3
 

Education and communication (3)

Jump to page with historical data
141.145140.887140.7302.0-0.3-0.1
 

Other goods and services

Jump to page with historical data
459.605459.280458.0732.6-0.3-0.3
 

Commodity and service group

 

Commodities

Jump to page with historical data
183.369185.241185.990-2.01.40.4

Commodities less food and beverages

Jump to page with historical data
146.206148.423149.887-3.52.51.0

Nondurables less food and beverages

Jump to page with historical data
179.738184.211187.635-4.64.41.9

Durables

Jump to page with historical data
106.093106.343106.142-1.70.0-0.2

Services

Jump to page with historical data
319.998321.041321.8132.40.60.2
 

Special aggregate indexes

 

All items less shelter

Jump to page with historical data
226.320227.908228.455-0.10.90.2

All items less medical care

Jump to page with historical data
242.892244.247244.9630.70.90.3

Commodities less food

Jump to page with historical data
149.987152.128153.527-3.32.40.9

Nondurables

Jump to page with historical data
215.583218.360219.678-2.01.90.6

Nondurables less food

Jump to page with historical data
183.973188.127191.284-4.24.01.7

Services less rent of shelter (2)

Jump to page with historical data
320.143321.303321.5042.10.40.1

Services less medical care services

Jump to page with historical data
307.068307.983308.7302.30.50.2

Energy

Jump to page with historical data
174.204182.145186.534-9.57.12.4

All items less energy

Jump to page with historical data
263.437264.208264.6011.80.40.1

All items less food and energy

Jump to page with historical data
267.116267.868268.5162.00.50.2

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) Indexes on a December 1982=100 base.
(3) Indexes on a December 1997=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.

Note: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Thursday, June 16, 2016