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17-1019-PHI
Friday, July 14, 2017

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Consumer Price Index, Northeast Region – June 2017

Regional prices unchanged over the month and up 1.5 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Northeast was unchanged in June, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s regional commissioner, noted that although the energy index decreased 0.6 percent over the month, both the all items less food and energy index and the food index were unchanged. (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 1.5 percent, due mostly to a 1.3-percent advance in the all items less food and energy index. (See chart 1 and table A.) The energy index and food index also increased, up 4.2 and 1.2 percent, respectively. (See table 1.)

Food

The food index was unchanged since May. A 0.2-percent increase in prices for food away from home was offset by a 0.1-percent decline in prices for food at home over the month.

From June 2016 to June 2017, the food index rose 1.2 percent, as prices for food away from home advanced 2.3 percent and prices for food at home increased 0.5 percent.

Energy

The energy index, which includes prices for household and transportation fuels, decreased 0.6 percent since May, mostly due to a 2.2-percent decline in gasoline prices. Prices for electricity and utility (piped) gas service both increased over the month, up 0.9 percent and 1.1 percent, respectively.

The energy index increased 4.2 percent since June 2016. The advance was led by a 12.9-percent rise in utility (piped) gas service prices. Prices also increased over the year for gasoline (3.0 percent) and electricity (2.5 percent).

All items less food and energy

The index for all items less food and energy was unchanged over the month. Price increases for categories including shelter (0.1 percent) and medical care (0.3 percent) were offset by price decreases for apparel (-1.4 percent), among others.

The index for all items less food and energy increased 1.3 percent since June 2016, led by higher prices for shelter (2.1 percent). Prices were also higher over the year for several other categories including medical care (1.7 percent), other goods and services (4.0 percent), and recreation (2.3 percent).

Table A. Northeast region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2013 2014 2015 2016 2017
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.3 1.8 0.6 1.5 -0.2 -0.4 0.0 0.7 0.6 2.5

February

0.6 2.0 0.1 1.0 0.2 -0.2 0.2 0.7 0.3 2.6

March

0.0 1.5 0.5 1.5 0.3 -0.4 0.2 0.6 -0.1 2.2

April

-0.1 1.1 0.0 1.6 0.1 -0.3 0.6 1.0 0.3 1.9

May

0.0 1.2 0.4 2.0 0.4 -0.3 0.3 0.9 0.1 1.7

June

0.1 1.5 0.0 1.9 0.3 0.0 0.2 0.7 0.0 1.5

July

0.2 1.8 0.1 1.8 -0.1 -0.2 0.0 0.8    

August

0.2 1.5 -0.3 1.3 -0.2 -0.1 0.1 1.0    

September

0.1 1.1 0.0 1.2 0.0 -0.1 0.2 1.3    

October

-0.4 0.7 -0.2 1.4 -0.2 -0.1 0.2 1.6    

November

0.1 1.0 -0.4 0.9 0.0 0.3 0.0 1.6    

December

0.0 1.3 -0.5 0.4 -0.4 0.5 0.0 1.9    

The Consumer Price Index for July 2017 is scheduled to be released Friday, August 11, 2017, 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 category Indexes Percent change from
 
Historical
data
Apr.
2017
May
2017
Jun.
2017
Jun.
2016
Apr.
2017
May
2017

All items

Go to web page with historical data for series CUUR0100SA0
259.165 259.386 259.335 1.5 0.1 0.0

All items (December 1977 = 100)

Go to web page with historical data for series CUUR0100AA0
408.106 408.453 408.373      
 

Food and beverages

Go to web page with historical data for series CUUR0100SAF
255.049 254.764 254.878 1.2 -0.1 0.0

Food

Go to web page with historical data for series CUUR0100SAF1
255.198 254.942 254.968 1.2 -0.1 0.0

Food at home

Go to web page with historical data for series CUUR0100SAF11
246.690 246.032 245.729 0.5 -0.4 -0.1

Food away from home

Go to web page with historical data for series CUUR0100SEFV
271.236 271.597 272.129 2.3 0.3 0.2

Alcoholic beverages

Go to web page with historical data for series CUUR0100SAF116
251.935 251.273 252.521 1.2 0.2 0.5
 

Housing

Go to web page with historical data for series CUUR0100SAH
274.457 275.226 275.597 2.2 0.4 0.1

Shelter

Go to web page with historical data for series CUUR0100SAH1
339.910 340.473 340.804 2.1 0.3 0.1

Rent of primary residence(1)

Go to web page with historical data for series CUUR0100SEHA
341.162 341.964 342.498 2.6 0.4 0.2

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

Go to web page with historical data for series CUUR0100SEHC
351.128 351.775 352.080 2.0 0.3 0.1

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

Go to web page with historical data for series CUUR0100SEHC01
350.849 351.501 351.811 2.0 0.3 0.1

Fuels and utilities

Go to web page with historical data for series CUUR0100SAH2
216.010 218.578 219.462 4.7 1.6 0.4

Household energy

Go to web page with historical data for series CUUR0100SAH21
190.922 193.549 194.376 5.1 1.8 0.4

Energy services(1)

Go to web page with historical data for series CUUR0100SEHF
191.221 195.078 196.977 5.2 3.0 1.0

Electricity(1)

Go to web page with historical data for series CUUR0100SEHF01
196.775 203.013 204.883 2.5 4.1 0.9

Utility (piped) gas service(1)

Go to web page with historical data for series CUUR0100SEHF02
165.945 164.472 166.297 12.9 0.2 1.1

Household furnishings and operations

Go to web page with historical data for series CUUR0100SAH3
121.172 121.371 121.533 -0.4 0.3 0.1
 

Apparel

Go to web page with historical data for series CUUR0100SAA
133.327 131.475 129.609 0.2 -2.8 -1.4
 

Transportation

Go to web page with historical data for series CUUR0100SAT
201.036 201.706 200.687 0.6 -0.2 -0.5

Private transportation

Go to web page with historical data for series CUUR0100SAT1
192.002 192.370 191.246 0.7 -0.4 -0.6

New and used motor vehicles(3)

Go to web page with historical data for series CUUR0100SETA
96.084 96.416 96.121 -1.3 0.0 -0.3

New vehicles

Go to web page with historical data for series CUUR0100SETA01
145.318 145.820 145.076 -0.1 -0.2 -0.5

New cars and trucks(3)(4)

Go to web page with historical data for series CUUR0100SS4501A
100.658 101.004 100.485 -0.1 -0.2 -0.5

New cars(4)

Go to web page with historical data for series CUUR0100SS45011
135.687 136.286 135.161 -0.8 -0.4 -0.8

Used cars and trucks

Go to web page with historical data for series CUUR0100SETA02
146.630 146.746 145.717 -5.1 -0.6 -0.7

Motor fuel

Go to web page with historical data for series CUUR0100SETB
209.221 209.584 205.060 3.0 -2.0 -2.2

Gasoline (all types)

Go to web page with historical data for series CUUR0100SETB01
208.380 208.757 204.234 3.0 -2.0 -2.2

Gasoline, unleaded regular(4)

Go to web page with historical data for series CUUR0100SS47014
205.855 206.171 201.519 2.8 -2.1 -2.3

Gasoline, unleaded midgrade(4)(5)

Go to web page with historical data for series CUUR0100SS47015
221.714 222.606 218.029 3.0 -1.7 -2.1

Gasoline, unleaded premium(4)

Go to web page with historical data for series CUUR0100SS47016
217.462 218.104 214.862 3.9 -1.2 -1.5
 

Medical care

Go to web page with historical data for series CUUR0100SAM
491.537 491.976 493.415 1.7 0.4 0.3

Medical care commodities

Go to web page with historical data for series CUUR0100SAM1
385.389 387.188 387.343 0.0 0.5 0.0

Medical care services

Go to web page with historical data for series CUUR0100SAM2
521.761 521.731 523.590 2.2 0.4 0.4

Professional services

Go to web page with historical data for series CUUR0100SEMC
376.792 376.923 377.001 1.5 0.1 0.0
 

Recreation(3)

Go to web page with historical data for series CUUR0100SAR
124.301 124.085 124.041 2.3 -0.2 0.0
 

Education and communication(3)

Go to web page with historical data for series CUUR0100SAE
140.052 139.595 139.480 -1.0 -0.4 -0.1
 

Other goods and services

Go to web page with historical data for series CUUR0100SAG
474.645 474.721 477.410 4.0 0.6 0.6
 

Commodity and service group

 

Commodities

Go to web page with historical data for series CUUR0100SAC
187.494 187.166 186.401 0.4 -0.6 -0.4

Commodities less food and beverages

Go to web page with historical data for series CUUR0100SACL11
150.684 150.356 149.273 -0.1 -0.9 -0.7

Nondurables less food and beverages

Go to web page with historical data for series CUUR0100SANL11
192.621 191.816 189.782 1.3 -1.5 -1.1

Durables

Go to web page with historical data for series CUUR0100SAD
103.606 103.680 103.440 -2.1 -0.2 -0.2

Services

Go to web page with historical data for series CUUR0100SAS
328.385 329.095 329.674 2.1 0.4 0.2
 

Special aggregate indexes

 

All items less shelter

Go to web page with historical data for series CUUR0100SA0L2
231.428 231.524 231.332 1.2 0.0 -0.1

All items less medical care

Go to web page with historical data for series CUUR0100SA0L5
248.960 249.171 249.053 1.5 0.0 0.0

Commodities less food

Go to web page with historical data for series CUUR0100SACL1
154.357 154.018 152.996 -0.1 -0.9 -0.7

Nondurables

Go to web page with historical data for series CUUR0100SAN
223.802 223.235 222.195 1.3 -0.7 -0.5

Nondurables less food

Go to web page with historical data for series CUUR0100SANL1
196.079 195.283 193.445 1.3 -1.3 -0.9

Services less rent of shelter(2)

Go to web page with historical data for series CUUR0100SASL2RS
327.382 328.266 329.130 2.0 0.5 0.3

Services less medical care services

Go to web page with historical data for series CUUR0100SASL5
315.042 315.798 316.293 2.0 0.4 0.2

Energy

Go to web page with historical data for series CUUR0100SA0E
198.421 200.152 198.853 4.2 0.2 -0.6

All items less energy

Go to web page with historical data for series CUUR0100SA0LE
268.006 268.076 268.150 1.3 0.1 0.0

All items less food and energy

Go to web page with historical data for series CUUR0100SA0L1E
271.986 272.112 272.195 1.3 0.1 0.0

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: Friday, July 14, 2017