Wednesday, December 13, 2017
The Consumer Price Index for All Urban Consumers (CPI-U) for Washington-Baltimore inched down 0.1 percent from September to November, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s regional commissioner, noted that the recent decrease was due largely to a 4.2-percent decrease in the energy index. The food index also decreased since September, down 0.1 percent, while the all items less food and energy index edged up 0.3 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 CPI-U advanced 1.6 percent, mainly reflecting a 1.3-percent increase in the all items less food and energy index. (See chart 1 and table A.) Since November 2016, the energy index and food index also increased, up 5.9 and 1.0 percent, respectively. (See table 1.)
The food index inched down 0.1 percent over the last two months. Prices for food at home declined 0.5 percent, while those for food away from home rose 0.3 percent. Within the food at home component, lower prices for various items including carbonated drinks and bacon, breakfast sausage, and related products were moderated by higher prices for citrus fruits, among others.
Food prices increased 1.0 percent over the year. Prices were higher for both food away from home and food at home since last November, up 1.8 and 0.2 percent, respectively.
Since September, the energy index, which includes prices for household and transportation fuels, declined 4.2 percent, mainly due to lower prices for gasoline, down 5.8 percent. Prices were also lower for electricity and utility (piped) gas service, 3.9 and 1.7 percent, respectively.
Energy prices rose 5.9 percent over the year. The advance was led by a 13.2-percent increase in gasoline prices. Prices also increased over the year for utility (piped) gas service (3.6 percent), while those for electricity declined (-0.8 percent).
The index for all items less food and energy edged up 0.3 percent since September. Higher prices for a number of items including medical care (0.5 percent) and education and communication (0.3 percent) were moderated by a seasonal price decrease for apparel (-5.7 percent), among others.
Since November 2016, the index for all items less food and energy rose 1.3 percent. Higher prices for a number of items, including shelter (1.9 percent) and medical care (2.6 percent), contributed to the 12-month increase in the all items less food and energy index.
The Consumer Price Index for January 2018 is scheduled to be released on Wednesday, February 14, 2018, at 8:30 a.m. (EDT).
In January 2018, BLS will introduce a new geographic area sample for the Consumer Price Index (CPI). As part of the new sample, Washington DC and Baltimore will have separate indexes. The first indexes using the new structure will be published in February 2018. Additional information on the geographic revision is available at: www.bls.gov/cpi/additional-resources/geographic-revision-2018.htm.
The Consumer Price Index for Washington-Baltimore is published bi-monthly. 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 Washington-Baltimore, D.C.-Md.-Va.-W.Va., Consolidated Metropolitan Statistical Area includes the District of Columbia; Baltimore City and the counties of Anne Arundel, Baltimore, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince George’s, Queen Anne’s, and Washington in Maryland; the cities of Alexandria, Fairfax, Falls Church, Fredericksburg, Manassas, and Manassas Park and the counties of Arlington, Clarke, Culpeper, Fairfax, Fauquier, King George, Loudoun, Prince William, Spotsylvania, Stafford, and Warren in Virginia; and the counties of Berkeley and Jefferson in West Virginia.
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.
|Expenditure category||Indexes||Percent change from|
Food and beverages(1)
Food at home
Food away from home(2)
Fuels and utilities
Gas (piped) and electricity(3)
Utility (piped) gas service(3)
Household furnishings and operations
Gasoline (all types)
Gasoline, unleaded regular(5)
Gasoline, unleaded midgrade(5)
Gasoline, unleaded premium(5)
Education and communication
Other goods and services(1)
Commodity and service group
Commodities less food and beverages
Nondurables less food and beverages
Special aggregate indexes
All items less shelter
All items less medical care(1)
Commodities less food
Nondurables less food
Services less rent of shelter
Services less medical care services
All items less energy
All items less food and energy(1)
Note: Index applies to a month as a whole, not to any specific date.
Last Modified Date: Wednesday, December 13, 2017