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Friday, December 10, 2021
The Consumer Price Index for All Urban Consumers (CPI-U) in the Northeast rose 0.6 percent in November, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Alexandra Hall Bovee noted that the increase reflected increases across the three major areas: the all items less food and energy index, 0.4 percent; the energy index, 2.3 percent; and the food index, up 0.7 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 6.0 percent, the largest such increase in just over 30 years. (See chart 1 and table A.) The all items less food and energy index was mostly responsible for the over-the-year increase, up 4.1 percent, a rate last seen in October 1992. The energy index jumped 32.5 percent, the highest over-the-year rate since mid-1980. The food index also advanced over the year, up 5.8 percent, the largest 12-month increase since December 2008. (See table 1.)
FoodFood prices increased 0.7 percent in November following an 0.8 percent increase in October. Prices for food away from home (restaurant, cafeteria, and vending purchases) rose 0.6 percent, representing a smaller gain compared to the October 1.2-percent increase, which was the largest 1-month increase for the food away from home index in the last 34 years. Prices for food at home (groceries) increased 0.7 percent over the month. Within the food at home group, prices were higher for the meats, poultry, fish, and eggs group as well as the fruits and vegetables group although there were areas that posted declines such as nonalcoholic beverages and beverage materials.
From November 2020 to November 2021, the food index increased 5.8 percent. Food at home prices rose 5.0 percent over the year, the highest since June 2020, and prices for food away from home increased 6.9 percent, which was higher than any such increase since December 1981.
EnergyThe energy index rose 2.3 percent in November led by an increase in the index for gasoline (3.9 percent). Prices also rose for utility (piped) gas service, up 3.5 percent, and fuel oil, up 3.1 percent, while those for electricity decreased 0.7 percent over the month.
On an annual basis, the Northeast energy index had a 32.5-percent increase, the highest since October 2005. Over the year, the index for gasoline rose more than at any point since September 2005, jumping 57.1 percent, while the fuel oil index was up 60.1 percent. Prices for utility (piped) gas service and electricity also increased, up 19.6 and 7.8 percent, respectively.
All items less food and energyThe index for all items less food and energy edged up 0.4 percent in November. Among the index’s components, prices were higher for new and used motor vehicles (2.0 percent) reflecting increased prices for used cars and trucks, up 2.6 percent, while those for new vehicles rose 2.0 percent. Prices were also higher for recreation (0.8 percent) and medical care (0.5 percent) over the month. There were some categories with declines: the apparel index decreased 2.6 percent over the month, as it typically does in November, and the other goods and services index edged down 0.4 percent.
Over the year, the index for all items less food and energy increased 4.1 percent. Annual increases in the indexes for new and used motor vehicles (19.0 percent)—more specifically, used cars and trucks (32.8 percent)—and shelter (2.3 percent) were the major contributing factors. While the apparel index was up 5.8 percent over the last 12 months, that index had generally posted over-the-year declines since October 2016 until the trend reversed in April; the index level in November was still more than 9 percent below 5 years ago.
Month | 2017 | 2018 | 2019 | 2020 | 2021 | |||||
---|---|---|---|---|---|---|---|---|---|---|
1-month | 12-month | 1-month | 12-month | 1-month | 12-month | 1-month | 12-month | 1-month | 12-month | |
January | 0.6 | 2.5 | 0.5 | 1.6 | 0.3 | 1.5 | 0.7 | 2.3 | 0.4 | 1.1 |
February | 0.3 | 2.6 | 0.4 | 1.7 | 0.2 | 1.3 | 0.3 | 2.4 | 0.4 | 1.2 |
March | -0.1 | 2.2 | 0.1 | 2.0 | 0.5 | 1.7 | -0.2 | 1.7 | 0.6 | 2.1 |
April | 0.3 | 1.9 | 0.4 | 2.1 | 0.4 | 1.7 | -0.4 | 0.8 | 0.7 | 3.3 |
May | 0.1 | 1.7 | 0.4 | 2.5 | 0.3 | 1.5 | 0.0 | 0.6 | 0.6 | 3.9 |
June | 0.0 | 1.5 | 0.0 | 2.6 | 0.1 | 1.6 | 0.3 | 0.8 | 1.0 | 4.6 |
July | -0.2 | 1.3 | 0.0 | 2.7 | 0.1 | 1.7 | 0.4 | 1.1 | 0.2 | 4.3 |
August | 0.3 | 1.6 | 0.2 | 2.7 | 0.1 | 1.5 | 0.1 | 1.1 | 0.1 | 4.4 |
September | 0.5 | 1.9 | 0.1 | 2.2 | 0.0 | 1.4 | 0.1 | 1.2 | 0.3 | 4.6 |
October | -0.1 | 1.5 | -0.1 | 2.3 | -0.1 | 1.5 | -0.2 | 1.1 | 0.6 | 5.4 |
November | 0.0 | 1.6 | -0.4 | 1.9 | 0.1 | 1.9 | 0.1 | 1.1 | 0.6 | 6.0 |
December | 0.1 | 1.7 | -0.1 | 1.7 | -0.1 | 1.9 | 0.2 | 1.4 |
Additional price indexes are now available for the two divisions of the Northeast. Over the month, the all items CPI-U was 0.9 percent higher in the New England division, while prices in the Middle Atlantic division rose 0.5 percent.
Over the year, prices rose in the New England division (5.6 percent). The all items index also rose in the Middle Atlantic division, up 5.4 percent. (See table B.)
Area | 1-month change | 12-month change |
---|---|---|
Northeast | 0.6 | 6.0 |
New England Division | 0.9 | 6.1 |
Middle Atlantic Division | 0.4 | 5.9 |
The Consumer Price Index for December 2021 is scheduled to be released on Wednesday, January 12, 2022, at 8:30 a.m. (ET).
Data collection by personal visit for the Consumer Price Index (CPI) program has been suspended almost entirely since March 16, 2020. When possible, data normally collected by personal visit were collected either online or by phone. Additionally, data collection in November was affected by the temporary closing or limited operations of certain types of establishments. These factors resulted in an increase in the number of prices considered temporarily unavailable and imputed.
While the CPI program attempted to collect as much data as possible, many indexes are based on smaller amounts of collected prices than usual, and a small number of indexes that are normally published were not published this month. Additional information is available at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-consumer-price-index.htm.
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 U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. 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 6,000 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; for most of the CPI-U the reference base is 1982-84 equals 100. An increase of 7 percent from the reference base, for example, is shown as 107.000. Alternatively, that relationship can also be expressed as the price of a base period market basket of goods and services rising from $100 to $107. For further details see the CPI home page on the Internet at www.bls.gov/cpi and the CPI section of the BLS Handbook of Methods available on the internet at www.bls.gov/opub/hom/cpi/.
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.
The New England division is comprised of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
The Middle Atlantic division is comprised of New Jersey, New York, and Pennsylvania.
Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.
Expenditure category | Indexes | Percent change from | |||||
---|---|---|---|---|---|---|---|
Historical data | Sep. 2021 | Oct. 2021 | Nov. 2021 | Nov. 2020 | Sep. 2021 | Oct. 2021 | |
All items | 286.423 | 288.236 | 289.835 | 6.0 | 1.2 | 0.6 | |
All items (December 1977 = 100) | 451.029 | 453.884 | 456.401 | ||||
Food and beverages | 285.289 | 287.264 | 289.111 | 5.5 | 1.3 | 0.6 | |
Food | 286.517 | 288.670 | 290.628 | 5.8 | 1.4 | 0.7 | |
Food at home | 268.880 | 270.004 | 271.905 | 5.0 | 1.1 | 0.7 | |
Cereals and bakery products | 318.334 | 318.587 | 320.295 | 5.2 | 0.6 | 0.5 | |
Meats, poultry, fish, and eggs | 284.630 | 288.273 | 292.763 | 10.5 | 2.9 | 1.6 | |
Dairy and related products | 242.373 | 242.796 | 243.174 | 2.4 | 0.3 | 0.2 | |
Fruits and vegetables | 326.956 | 326.494 | 328.379 | 0.5 | 0.4 | 0.6 | |
Nonalcoholic beverages and beverage materials | 184.249 | 186.416 | 185.026 | 5.1 | 0.4 | -0.7 | |
Other food at home | 238.198 | 238.065 | 240.325 | 4.2 | 0.9 | 0.9 | |
Food away from home | 316.597 | 320.371 | 322.436 | 6.9 | 1.8 | 0.6 | |
Alcoholic beverages | 267.982 | 267.533 | 267.862 | 0.9 | 0.0 | 0.1 | |
Housing | 303.670 | 304.637 | 305.642 | 4.1 | 0.6 | 0.3 | |
Shelter | 375.444 | 374.986 | 375.838 | 2.3 | 0.1 | 0.2 | |
Rent of primary residence | 376.101 | 376.831 | 377.717 | 1.3 | 0.4 | 0.2 | |
Owners' equivalent rent of residences(1) | 387.819 | 388.619 | 389.840 | 2.0 | 0.5 | 0.3 | |
Owners' equivalent rent of primary residence(1) | 387.483 | 388.285 | 389.499 | 2.0 | 0.5 | 0.3 | |
Fuels and utilities | 244.785 | 252.666 | 254.892 | 14.3 | 4.1 | 0.9 | |
Household energy | 215.583 | 223.704 | 226.036 | 16.5 | 4.8 | 1.0 | |
Energy services | 214.547 | 219.600 | 221.169 | 11.5 | 3.1 | 0.7 | |
Electricity | 218.897 | 219.185 | 217.753 | 7.8 | -0.5 | -0.7 | |
Utility (piped) gas service | 190.139 | 203.917 | 211.101 | 19.6 | 11.0 | 3.5 | |
Household furnishings and operations | 130.754 | 131.833 | 132.557 | 8.3 | 1.4 | 0.5 | |
Apparel | 129.301 | 128.269 | 124.885 | 5.8 | -3.4 | -2.6 | |
Transportation | 227.953 | 233.253 | 238.185 | 19.2 | 4.5 | 2.1 | |
Private transportation | 226.600 | 232.151 | 236.811 | 22.4 | 4.5 | 2.0 | |
New and used motor vehicles(2) | 113.903 | 116.325 | 118.611 | 19.0 | 4.1 | 2.0 | |
New vehicles | 157.135 | 159.984 | 163.240 | 13.3 | 3.9 | 2.0 | |
108.984 | 110.971 | 113.168 | 13.4 | 3.8 | 2.0 | ||
New cars(3) | 146.816 | 149.375 | 154.044 | 14.5 | 4.9 | 3.1 | |
Used cars and trucks | 200.592 | 205.923 | 211.265 | 32.8 | 5.3 | 2.6 | |
Motor fuel | 270.912 | 283.299 | 294.222 | 56.8 | 8.6 | 3.9 | |
Gasoline (all types) | 269.979 | 282.237 | 293.146 | 57.1 | 8.6 | 3.9 | |
Gasoline, unleaded regular(3) | 267.337 | 279.880 | 290.834 | 59.0 | 8.8 | 3.9 | |
286.199 | 297.383 | 308.390 | 48.8 | 7.8 | 3.7 | ||
Gasoline, unleaded premium(3) | 276.861 | 286.894 | 297.120 | 44.9 | 7.3 | 3.6 | |
Motor vehicle insurance(5) | 616.376 | 619.073 | 617.093 | 4.1 | 0.1 | -0.3 | |
Medical care | 549.485 | 550.296 | 552.929 | 1.2 | 0.6 | 0.5 | |
Medical care commodities | 382.207 | 385.545 | 384.047 | 0.4 | 0.5 | -0.4 | |
Medical care services | 598.502 | 598.512 | 602.428 | 1.4 | 0.7 | 0.7 | |
Professional services | 420.742 | 420.936 | 423.630 | 3.8 | 0.7 | 0.6 | |
Recreation(2) | 131.655 | 132.516 | 133.629 | 3.3 | 1.5 | 0.8 | |
Education and communication(2) | 152.328 | 152.601 | 152.713 | 2.7 | 0.3 | 0.1 | |
Tuition, other school fees, and child care(5) | 1,341.166 | 1,343.986 | 1,343.702 | 2.6 | 0.2 | 0.0 | |
Other goods and services | 533.200 | 536.030 | 533.916 | 4.6 | 0.1 | -0.4 | |
Commodity and service group | |||||||
Commodities | 207.957 | 210.785 | 212.633 | 12.0 | 2.2 | 0.9 | |
Commodities less food and beverages | 166.255 | 169.286 | 171.042 | 17.0 | 2.9 | 1.0 | |
Nondurables less food and beverages | 209.180 | 212.853 | 213.972 | 17.1 | 2.3 | 0.5 | |
Durables | 116.298 | 118.513 | 120.481 | 16.9 | 3.6 | 1.7 | |
Services | 361.742 | 362.587 | 363.950 | 2.8 | 0.6 | 0.4 | |
Special aggregate indexes | |||||||
All items less shelter | 255.757 | 258.384 | 260.254 | 7.9 | 1.8 | 0.7 | |
All items less medical care | 274.843 | 276.703 | 278.257 | 6.4 | 1.2 | 0.6 | |
Commodities less food | 170.051 | 173.006 | 174.735 | 16.3 | 2.8 | 1.0 | |
Nondurables | 246.859 | 249.728 | 251.204 | 10.3 | 1.8 | 0.6 | |
Nondurables less food | 212.603 | 216.030 | 217.102 | 15.7 | 2.1 | 0.5 | |
Services less rent of shelter(1) | 359.250 | 361.520 | 363.435 | 3.4 | 1.2 | 0.5 | |
Services less medical care services | 345.430 | 346.333 | 347.519 | 3.0 | 0.6 | 0.3 | |
Energy | 238.073 | 247.925 | 253.737 | 32.5 | 6.6 | 2.3 | |
All items less energy | 294.476 | 295.580 | 296.816 | 4.3 | 0.8 | 0.4 | |
All items less food and energy | 297.763 | 298.688 | 299.803 | 4.1 | 0.7 | 0.4 | |
Footnotes |
Last Modified Date: Friday, December 10, 2021