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19-2037-PHI
Wednesday, November 13, 2019

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Consumer Price Index, Philadelphia-Camden-Wilmington – October 2019

Area prices down 0.4 percent since August; up 1.9 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for Philadelphia-Camden-Wilmington decreased 0.4 percent from August to October, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Sheila Watkins noted that the recent two-month decline reflected a 0.2-percent decreased in the all items less food and energy index and a 2.3-percent decline in the energy index, while the food index rose since August, up 0.2 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 increased 1.9 percent. (See chart 1 and table A.) The over-the-year rise was led by an increase in the all items less food and energy index (2.5 percent). The food index also advanced since October 2018, up 2.0 percent, while the energy index declined 3.6 percent. (See table 1.)

Food

The food index edged up 0.2 percent over the last two months. Prices for food away from home increased since August, up 0.8 percent, while those for food at home declined 0.2 percent. Within the food at home component, prices were lower for chicken and bacon, breakfast sausage, and related products; while prices were higher for breakfast cereal and fresh fish and seafood.

Over the year, the food index increased 2.0 percent. Prices for food away from home rose 2.6 percent, and those for food at home were up 1.5 percent.

Energy

The energy index, which includes prices for household and transportation fuels, decreased 2.3 percent since August. The two-month decline was led by a 4.0-percent decrease in gasoline prices. Prices were also lower for electricity and utility (piped) gas service, down 1.9 and 1.3 percent, respectively.

Over the year, the energy index declined 3.6 percent, due to lower gasoline prices, down 9.8 percent. Prices were higher for utility (piped) gas service (6.9 percent) and electricity (2.1 percent) since October 2018.

All items less food and energy

The index for all items less food and energy edged down 0.2 percent from August to October. Prices were lower for new and used motor vehicles (-2.2 percent) and recreation (-2.6 percent) while prices were higher for shelter (0.4 percent) and education and communication (0.4 percent).

Since October 2018, the index for all items less food and energy increased 2.5 percent. Prices were higher for a number of items including shelter (2.7 percent), medical care (3.7 percent), and recreation (3.9 percent), among others.

Table A. Philadelphia CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month20152016201720182019
2-month12-month2-month12-month2-month12-month2-month12-month2-month12-month

February

-0.2-0.10.30.30.72.10.40.50.81.5

April

0.50.00.90.60.01.30.91.41.31.9

June

0.80.20.30.1-0.30.70.21.90.52.1

August

-0.5-0.3-0.20.40.51.40.31.70.52.3

October

-0.3-0.50.61.30.00.80.01.6-0.41.9

December

-0.6-0.2-0.11.7-0.10.8-0.71.0

The Consumer Price Index for December 2019 is scheduled to be released Tuesday, January 14, 2020 at 8:30 am (ET).


Technical Note

The Consumer Price Index for Philadelphia-Camden-Wilmington 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 93 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 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 75 urban areas across the country from about 5,000 housing units and approximately 22,000 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 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, Core Based Statistical Area includes Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties in Pennsylvania; Burlington, Camden, Gloucester, and Salem Counties in New Jersey; New Castle County in Delaware; and Cecil County in Maryland.

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, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure categoryIndexesPercent change from
Historical
data
Aug.
2019
Sep.
2019
Oct.
2019
Oct.
2018
Aug.
2019
Sep.
2019

All items

Go to web page with historical data for series CUURS12BSA0
258.877 257.9661.9-0.4 

All items (1967 = 100)

Go to web page with historical data for series CUURS12BAA0
747.882 745.248   

Food and beverages

Go to web page with historical data for series CUURS12BSAF
238.496 239.3601.90.4 

Food

Go to web page with historical data for series CUURS12BSAF1
239.167 239.7172.00.2 

Food at home

Go to web page with historical data for series CUURS12BSAF11
241.908242.112241.5101.5-0.2-0.2

Cereals and bakery products

Go to web page with historical data for series CUURS12BSAF111
309.777 302.3140.5-2.4 

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS12BSAF112
264.805 269.2481.71.7 

Dairy and related products

Go to web page with historical data for series CUURS12BSEFJ
203.194 208.6575.32.7 

Fruits and vegetables

Go to web page with historical data for series CUURS12BSAF113
270.626 276.0351.62.0 

Nonalcoholic beverages and beverage materials(1)

Go to web page with historical data for series CUURS12BSAF114
163.840 159.8071.8-2.5 

Other food at home

Go to web page with historical data for series CUURS12BSAF115
221.665 216.6650.2-2.3 

Food away from home

Go to web page with historical data for series CUURS12BSEFV
229.768 231.5822.60.8 

Alcoholic beverages

Go to web page with historical data for series CUURS12BSAF116
226.282 231.6610.02.4 

Housing

Go to web page with historical data for series CUURS12BSAH
269.067 269.0762.70.0 

Shelter

Go to web page with historical data for series CUURS12BSAH1
334.788335.491336.1562.70.40.2

Rent of primary residence

Go to web page with historical data for series CUURS12BSEHA
311.523312.432312.8562.90.40.1

Owners' equivalent rent of residences(2)

Go to web page with historical data for series CUURS12BSEHC
343.261344.312344.5733.20.40.1

Owners' equivalent rent of primary residence(2)

Go to web page with historical data for series CUURS12BSEHC01
343.261344.312344.5733.20.40.1

Fuels and utilities

Go to web page with historical data for series CUURS12BSAH2
214.175 212.9963.0-0.6 

Household energy

Go to web page with historical data for series CUURS12BSAH21
175.873174.338174.3132.3-0.90.0

Energy services

Go to web page with historical data for series CUURS12BSEHF
186.898184.942183.7733.9-1.7-0.6

Electricity

Go to web page with historical data for series CUURS12BSEHF01
181.785181.246178.2832.1-1.9-1.6

Utility (piped) gas service

Go to web page with historical data for series CUURS12BSEHF02
182.949178.950180.5966.9-1.30.9

Household furnishings and operations

Go to web page with historical data for series CUURS12BSAH3
118.730 115.1671.6-3.0 

Apparel

Go to web page with historical data for series CUURS12BSAA
110.743 109.9442.1-0.7 

Transportation

Go to web page with historical data for series CUURS12BSAT
215.590 211.840-1.8-1.7 

Private transportation

Go to web page with historical data for series CUURS12BSAT1
215.229 210.394-2.1-2.2 

New and used motor vehicles(3)

Go to web page with historical data for series CUURS12BSETA
101.459 99.2141.9-2.2 

New vehicles(1)

Go to web page with historical data for series CUURS12BSETA01
178.580 179.1380.40.3 

Used cars and trucks(1)

Go to web page with historical data for series CUURS12BSETA02
265.490 255.5551.9-3.7 

Motor fuel

Go to web page with historical data for series CUURS12BSETB
250.194243.363240.552-9.8-3.9-1.2

Gasoline (all types)

Go to web page with historical data for series CUURS12BSETB01
246.884239.890237.105-9.8-4.0-1.2

Gasoline, unleaded regular(4)

Go to web page with historical data for series CUURS12BSS47014
243.571236.572233.767-10.0-4.0-1.2

Gasoline, unleaded midgrade(4)(5)

Go to web page with historical data for series CUURS12BSS47015
252.894246.692243.922-8.1-3.5-1.1

Gasoline, unleaded premium(4)

Go to web page with historical data for series CUURS12BSS47016
250.554244.057241.669-8.4-3.5-1.0

Motor vehicle insurance(1)

Go to web page with historical data for series CUURS12BSETE
724.276 712.845-1.6-1.6 

Medical care

Go to web page with historical data for series CUURS12BSAM
545.806 546.3583.70.1 

Recreation(3)

Go to web page with historical data for series CUURS12BSAR
125.525 122.2723.9-2.6 

Education and communication(3)

Go to web page with historical data for series CUURS12BSAE
132.081 132.6611.50.4 

Tuition, other school fees, and child care(1)

Go to web page with historical data for series CUURS12BSEEB
1,044.748 1,052.5382.40.7 

Other goods and services

Go to web page with historical data for series CUURS12BSAG
558.271 554.6393.3-0.7 

Commodity and service group

Commodities

Go to web page with historical data for series CUURS12BSAC
183.241 181.5870.3-0.9 

Commodities less food and beverages

Go to web page with historical data for series CUURS12BSACL11
151.955 149.551-0.5-1.6 

Nondurables less food and beverages

Go to web page with historical data for series CUURS12BSANL11
195.356 192.922-1.6-1.2 

Durables

Go to web page with historical data for series CUURS12BSAD
104.869 102.6601.4-2.1 

Services

Go to web page with historical data for series CUURS12BSAS
335.525 335.2072.7-0.1 

Special aggregate indexes

All items less shelter

Go to web page with historical data for series CUURS12BSA0L2
233.930 232.1301.5-0.8 

All items less medical care

Go to web page with historical data for series CUURS12BSA0L5
246.768 245.7881.8-0.4 

Commodities less food

Go to web page with historical data for series CUURS12BSACL1
154.800 152.547-0.5-1.5 

Nondurables

Go to web page with historical data for series CUURS12BSAN
218.647 217.5700.0-0.5 

Nondurables less food

Go to web page with historical data for series CUURS12BSANL1
197.341 195.249-1.5-1.1 

Services less rent of shelter(2)

Go to web page with historical data for series CUURS12BSASL2RS
343.748 341.5772.7-0.6 

Services less medical care services

Go to web page with historical data for series CUURS12BSASL5
319.873 319.3482.5-0.2 

Energy

Go to web page with historical data for series CUURS12BSA0E
202.721199.209198.140-3.6-2.3-0.5

All items less energy

Go to web page with historical data for series CUURS12BSA0LE
267.041 266.5602.5-0.2 

All items less food and energy

Go to web page with historical data for series CUURS12BSA0L1E
274.405 273.7662.5-0.2 

Footnotes
(1) Indexes on a December 1977=100 base
(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.

 

Last Modified Date: Wednesday, November 13, 2019