An official website of the United States government
Chart 1 image file updated on February 14, 2022 to correct an incorrect value for October 2021.
22-260-PHI
Monday, February 14, 2022
The Consumer Price Index for All Urban Consumers (CPI-U) in the Northeast rose 0.8 percent in January, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Alexandra Hall Bovee noted that this marked the 15th consecutive over-the-month advance and the rate of change accelerated after the last 6 months of increases varied between 0.1 and 0.6 percent. It reflected increases across the three major areas: the all items less food and energy index, up 0.5 percent; the energy index, 4.2 percent; and the food index, 0.7 percent, but more than a third of the overall increase was due to a series record 12.3 percent increase in the electricity index. (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 6.3 percent, the largest such increase since December 1990. (See chart 1 and table A.) The all items less food and energy index was mostly responsible for the over-the-year increase, up 4.6 percent, the highest increase for this index since December 1991. This was due primarily to price increases for new and used motor vehicles, up 22.3 percent. The energy index jumped 28.2 percent mainly due to rising prices for gasoline continuing the trend of double-digit over-the-year increases which started in March 2021. The food index also advanced over the year, up 6.0 percent, the largest 12-month increase since December 2008. (See table 1.)
FoodFood prices increased 0.7 percent in January. Prices for food at home increased 0.7 percent driven by increasing prices across the major grocery groups led by increases for cereals and bakery products (1.5 percent) and for dairy and related products (1.7 percent). Prices advanced for components such as rice, pasta, cornmeal; flour and prepared flour mixes; and fresh fish and seafood while other components such as soups and uncooked beef roasts declined. Prices for food away from home increased 0.7 percent in the same period, down from the series high increase of 1.2 percent in October 2021.
Food at home rose 5.6 percent over the year, the highest increase since October 2011, while prices for food away from home increased 6.6 percent. Increasing prices for meats, poultry, fish, and eggs (9.5 percent) helped drive the food at home increase.
EnergyThe energy index rose 4.2 percent in January led by an increase in electricity, up 12.3 percent, which was the largest 1-month advance in the 44-year history of that series. Fuel oil prices increased by 10.3 percent while utility (piped) gas services fell 0.5 percent. Gasoline prices also decreased in January, down 0.8 percent as they were in December, after gasoline price increases ranged from 0.3 percent to 9.1 percent in the prior 12 months.
On an annual basis, the Northeast energy index had a 28.2-percent increase due mainly to rising gasoline prices. Over the year, gasoline prices continued the double-digit increases that started in March 2021, jumping 39.4 percent from January 2021 to 2022 although that was well below the 57.1 increase in November 2021. Electricity also increased, up 16.1 percent, the highest increase since January 2006. Prices for utility (piped) gas service increased 19.1 percent, which was the highest over-the-year increase recorded in January since 2006. The fuel oil index was up 46.3 percent.
All items less food and energyThe index for all items less food and energy edged up 0.5 percent in January and accounted for about half of the overall increase in the CPI. Among that index’s components, prices were higher for almost every subindex, especially apparel, up 3.6 percent; household furnishings and operations, up 1.5 percent; and medical care services, up 1.1 percent. Prices for used cars and trucks, which had increased between 2.6 and 3.5 percent over each of the last 3 months of 2021, moderated during January, up just 1.5 percent.
Over the year, the index for all items less food and energy increased 4.6 percent, the largest increase seen since December 1991. An annual increase in the index for new and used motor vehicles, up 22.3 percent (an historic high for the series), specifically, used cars and trucks (42.0 percent), led the increase for all items less food and energy. A 2.5 percent increase in owners’ equivalent rent of residences was a contributing factor among broad-based increases throughout the components.
Month | 2018 | 2019 | 2020 | 2021 | 2022 | |||||
---|---|---|---|---|---|---|---|---|---|---|
1-month | 12-month | 1-month | 12-month | 1-month | 12-month | 1-month | 12-month | 1-month | 12-month | |
January |
0.5 | 1.6 | 0.3 | 1.5 | 0.7 | 2.3 | 0.4 | 1.1 | 0.8 | 6.3 |
February |
0.4 | 1.7 | 0.2 | 1.3 | 0.3 | 2.4 | 0.4 | 1.2 | ||
March |
0.1 | 2.0 | 0.5 | 1.7 | -0.2 | 1.7 | 0.6 | 2.1 | ||
April |
0.4 | 2.1 | 0.4 | 1.7 | -0.4 | 0.8 | 0.7 | 3.3 | ||
May |
0.4 | 2.5 | 0.3 | 1.5 | 0.0 | 0.6 | 0.6 | 3.9 | ||
June |
0.0 | 2.6 | 0.1 | 1.6 | 0.3 | 0.8 | 1.0 | 4.6 | ||
July |
0.0 | 2.7 | 0.1 | 1.7 | 0.4 | 1.1 | 0.2 | 4.3 | ||
August |
0.2 | 2.7 | 0.1 | 1.5 | 0.1 | 1.1 | 0.1 | 4.4 | ||
September |
0.1 | 2.2 | 0.0 | 1.4 | 0.1 | 1.2 | 0.3 | 4.6 | ||
October |
-0.1 | 2.3 | -0.1 | 1.5 | -0.2 | 1.1 | 0.6 | 5.4 | ||
November |
-0.4 | 1.9 | 0.1 | 1.9 | 0.1 | 1.1 | 0.6 | 6.0 | ||
December |
-0.1 | 1.7 | -0.1 | 1.9 | 0.2 | 1.4 | 0.2 | 5.9 |
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 0.7 percent.
Over the year, prices rose 6.6 percent in the New England division. The all items index also rose in the Middle Atlantic division, up 6.1 percent. (See table B.)
Area | 1-month change | 12-month change |
---|---|---|
Northeast |
0.8 | 6.3 |
New England Division |
0.9 | 6.6 |
Middle Atlantic Division |
0.7 | 6.1 |
The Consumer Price Index for February 2022 is scheduled to be released on Thursday, March 10, 2022, at 8:30 a.m. (ET).
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 |
Nov. 2021 |
Dec. 2021 |
Jan. 2022 |
Jan. 2021 |
Nov. 2021 |
Dec. 2021 |
|
All items |
289.835 | 290.405 | 292.644 | 6.3 | 1.0 | 0.8 | |
All items (December 1977 = 100) |
456.401 | 457.299 | 460.825 | ||||
Food and beverages |
289.111 | 290.371 | 292.369 | 5.7 | 1.1 | 0.7 | |
Food |
290.628 | 292.019 | 294.032 | 6.0 | 1.2 | 0.7 | |
Food at home |
271.905 | 273.384 | 275.323 | 5.6 | 1.3 | 0.7 | |
Cereals and bakery products |
320.295 | 321.479 | 326.232 | 6.7 | 1.9 | 1.5 | |
Meats, poultry, fish, and eggs |
292.763 | 291.134 | 291.962 | 9.5 | -0.3 | 0.3 | |
Dairy and related products |
243.174 | 244.907 | 248.980 | 3.2 | 2.4 | 1.7 | |
Fruits and vegetables |
328.379 | 331.744 | 334.196 | 2.1 | 1.8 | 0.7 | |
Nonalcoholic beverages and beverage materials |
185.026 | 188.326 | 188.815 | 4.9 | 2.0 | 0.3 | |
Other food at home |
240.325 | 242.129 | 243.344 | 5.4 | 1.3 | 0.5 | |
Food away from home |
322.436 | 323.704 | 325.824 | 6.6 | 1.1 | 0.7 | |
Alcoholic beverages |
267.862 | 267.326 | 269.129 | 1.4 | 0.5 | 0.7 | |
Housing |
305.642 | 306.791 | 309.877 | 4.8 | 1.4 | 1.0 | |
Shelter |
375.838 | 377.105 | 377.619 | 2.8 | 0.5 | 0.1 | |
Rent of primary residence |
377.717 | 378.897 | 380.092 | 2.0 | 0.6 | 0.3 | |
Owners' equivalent rent of residences(1) |
389.840 | 391.384 | 392.127 | 2.5 | 0.6 | 0.2 | |
Owners' equivalent rent of primary residence(1) |
389.499 | 391.031 | 391.777 | 2.5 | 0.6 | 0.2 | |
Fuels and utilities |
254.892 | 255.417 | 272.944 | 17.3 | 7.1 | 6.9 | |
Household energy |
226.036 | 226.535 | 244.870 | 20.1 | 8.3 | 8.1 | |
Energy services |
221.169 | 222.742 | 240.319 | 17.0 | 8.7 | 7.9 | |
Electricity |
217.753 | 217.206 | 244.010 | 16.1 | 12.1 | 12.3 | |
Utility (piped) gas service |
211.101 | 216.609 | 215.517 | 19.1 | 2.1 | -0.5 | |
Household furnishings and operations |
132.557 | 133.658 | 135.607 | 8.1 | 2.3 | 1.5 | |
Apparel |
124.885 | 123.105 | 127.597 | 3.2 | 2.2 | 3.6 | |
Transportation |
238.185 | 238.557 | 238.672 | 18.2 | 0.2 | 0.0 | |
Private transportation |
236.811 | 237.991 | 238.284 | 20.7 | 0.6 | 0.1 | |
New and used motor vehicles(2) |
118.611 | 120.426 | 121.034 | 22.3 | 2.0 | 0.5 | |
New vehicles |
163.240 | 163.153 | 163.541 | 11.6 | 0.2 | 0.2 | |
113.168 | 113.104 | 113.377 | 11.7 | 0.2 | 0.2 | ||
New cars(3) |
154.044 | 153.901 | 154.025 | 12.8 | 0.0 | 0.1 | |
Used cars and trucks |
211.265 | 218.646 | 221.939 | 42.0 | 5.1 | 1.5 | |
Motor fuel |
294.222 | 291.991 | 289.713 | 39.3 | -1.5 | -0.8 | |
Gasoline (all types) |
293.146 | 290.904 | 288.602 | 39.4 | -1.6 | -0.8 | |
Gasoline, unleaded regular(3) |
290.834 | 288.444 | 286.049 | 40.4 | -1.6 | -0.8 | |
308.390 | 307.342 | 305.514 | 35.6 | -0.9 | -0.6 | ||
Gasoline, unleaded premium(3) |
297.120 | 295.791 | 294.217 | 32.8 | -1.0 | -0.5 | |
Motor vehicle insurance(5) |
617.093 | 609.767 | |||||
Medical care |
552.929 | 553.612 | 558.761 | 2.1 | 1.1 | 0.9 | |
Medical care commodities |
384.047 | 380.624 | 381.730 | 0.6 | -0.6 | 0.3 | |
Medical care services |
602.428 | 604.400 | 610.828 | 2.4 | 1.4 | 1.1 | |
Professional services |
423.630 | 424.071 | 423.951 | 2.2 | 0.1 | 0.0 | |
Recreation(2) |
133.629 | 132.909 | 134.030 | 4.8 | 0.3 | 0.8 | |
Education and communication(2) |
152.713 | 152.515 | 152.624 | 2.5 | -0.1 | 0.1 | |
Tuition, other school fees, and child care(5) |
1,343.702 | 1,342.343 | 1,341.713 | 2.3 | -0.1 | 0.0 | |
Other goods and services |
533.916 | 536.641 | 538.725 | 4.8 | 0.9 | 0.4 | |
Commodity and service group |
|||||||
Commodities |
212.633 | 213.213 | 215.482 | 11.2 | 1.3 | 1.1 | |
Commodities less food and beverages |
171.042 | 171.317 | 173.555 | 15.3 | 1.5 | 1.3 | |
Nondurables less food and beverages |
213.972 | 212.555 | 215.991 | 13.6 | 0.9 | 1.6 | |
Durables |
120.481 | 121.870 | 123.083 | 17.6 | 2.2 | 1.0 | |
Services |
363.950 | 364.512 | 366.687 | 3.6 | 0.8 | 0.6 | |
Special aggregate indexes |
|||||||
All items less shelter |
260.254 | 260.579 | 263.428 | 8.1 | 1.2 | 1.1 | |
All items less medical care |
278.257 | 278.823 | 280.935 | 6.6 | 1.0 | 0.8 | |
Commodities less food |
174.735 | 174.989 | 177.231 | 14.7 | 1.4 | 1.3 | |
Nondurables |
251.204 | 251.073 | 253.821 | 9.1 | 1.0 | 1.1 | |
Nondurables less food |
217.102 | 215.738 | 219.067 | 12.6 | 0.9 | 1.5 | |
Services less rent of shelter(1) |
363.435 | 363.255 | 367.302 | 4.6 | 1.1 | 1.1 | |
Services less medical care services |
347.519 | 347.985 | 349.877 | 3.8 | 0.7 | 0.5 | |
Energy |
253.737 | 253.130 | 263.647 | 28.2 | 3.9 | 4.2 | |
All items less energy |
296.816 | 297.500 | 299.031 | 4.8 | 0.7 | 0.5 | |
All items less food and energy |
299.803 | 300.367 | 301.822 | 4.6 | 0.7 | 0.5 | |
Footnotes |
Last Modified Date: Monday, February 14, 2022