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Friday, May 12, 2017

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Consumer Price Index, Northeast Region – April 2017

Regional prices up 0.3 percent over the month and up 1.9 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Northeast edged up 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s regional commissioner, noted that the recent increase was led by a 1.7-percent rise in the energy index. The all items less food and energy index and the food index also rose over the month, up 0.1 and 0.5 percent, respectively. (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 1.9 percent, due largely to a 1.5-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 8.9 and 0.8 percent, respectively. (See table 1.)

Food

The food index increased 0.5 percent since March. Prices for both food at home and food away from home increased over the month, up 0.8 and 0.2 percent, respectively.

From April 2016 to April 2017, the food index increased 0.8 percent, as a 2.4-percent increase in prices for food away home was moderated by a 0.3-percent decrease in those for food at home.

Energy

The energy index, which includes prices for household and transportation fuels, increased 1.7 percent since March, due to a 4.4-percent increase in gasoline prices over the month. Prices for utility (piped) gas service inched down 0.1 percent, while those for electricity were unchanged. 

The energy index increased 8.9 percent since April 2016. The increase was led by a 15.0-percent rise in gasoline prices. Prices also increased over the year for utility (piped) gas service (11.1 percent), while those for electricity were unchanged.

All items less food and energy

The index for all items less food and energy inched up 0.1 percent over the month. Price increases for categories including shelter (0.2 percent) were nearly offset by price decreases for medical care (-0.4 percent) and apparel (-0.8 percent), among others.

The index for all items less food and energy increased 1.5 percent since April 2016, led by higher prices for shelter (2.6 percent). Prices were also higher over the year for several other categories including medical care (1.9 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    

June

0.1 1.5 0.0 1.9 0.3 0.0 0.2 0.7    

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 May 2017 is scheduled to be released Wednesday, June 14, 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
Feb.
2017
Mar.
2017
Apr.
2017
Apr.
2016
Feb.
2017
Mar.
2017

All items

Go to web page with historical data for series CUUR0100SA0
258.768 258.510 259.165 1.9 0.2 0.3

All items (December 1977 = 100)

Go to web page with historical data for series CUUR0100AA0
407.481 407.074 408.106      
 

Food and beverages

Go to web page with historical data for series CUUR0100SAF
253.153 253.835 255.049 0.8 0.7 0.5

Food

Go to web page with historical data for series CUUR0100SAF1
253.151 253.854 255.198 0.8 0.8 0.5

Food at home

Go to web page with historical data for series CUUR0100SAF11
244.237 244.742 246.690 -0.3 1.0 0.8

Food away from home

Go to web page with historical data for series CUUR0100SEFV
269.790 270.806 271.236 2.4 0.5 0.2

Alcoholic beverages

Go to web page with historical data for series CUUR0100SAF116
251.992 252.397 251.935 0.3 0.0 -0.2
 

Housing

Go to web page with historical data for series CUUR0100SAH
273.927 273.929 274.457 2.5 0.2 0.2

Shelter

Go to web page with historical data for series CUUR0100SAH1
338.649 339.146 339.910 2.6 0.4 0.2

Rent of primary residence(1)

Go to web page with historical data for series CUUR0100SEHA
340.285 340.886 341.162 2.6 0.3 0.1

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

Go to web page with historical data for series CUUR0100SEHC
351.047 351.089 351.128 2.4 0.0 0.0

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

Go to web page with historical data for series CUUR0100SEHC01
350.768 350.803 350.849 2.4 0.0 0.0

Fuels and utilities

Go to web page with historical data for series CUUR0100SAH2
218.355 216.094 216.010 4.5 -1.1 0.0

Household energy

Go to web page with historical data for series CUUR0100SAH21
193.400 191.099 190.922 4.9 -1.3 -0.1

Energy services(1)

Go to web page with historical data for series CUUR0100SEHF
193.729 191.240 191.221 2.9 -1.3 0.0

Electricity(1)

Go to web page with historical data for series CUUR0100SEHF01
200.268 196.727 196.775 0.0 -1.7 0.0

Utility (piped) gas service(1)

Go to web page with historical data for series CUUR0100SEHF02
166.184 166.105 165.945 11.1 -0.1 -0.1

Household furnishings and operations

Go to web page with historical data for series CUUR0100SAH3
120.939 120.941 121.172 -1.1 0.2 0.2
 

Apparel

Go to web page with historical data for series CUUR0100SAA
132.413 134.409 133.327 0.3 0.7 -0.8
 

Transportation

Go to web page with historical data for series CUUR0100SAT
199.686 198.829 201.036 2.6 0.7 1.1

Private transportation

Go to web page with historical data for series CUUR0100SAT1
191.316 190.246 192.002 2.9 0.4 0.9

New and used motor vehicles(3)

Go to web page with historical data for series CUUR0100SETA
96.276 96.036 96.084 -1.9 -0.2 0.0

New vehicles

Go to web page with historical data for series CUUR0100SETA01
146.839 146.230 145.318 -0.1 -1.0 -0.6

New cars and trucks(3)(4)

Go to web page with historical data for series CUUR0100SS4501A
101.715 101.290 100.658 -0.1 -1.0 -0.6

New cars(4)

Go to web page with historical data for series CUUR0100SS45011
137.196 136.163 135.687 -1.1 -1.1 -0.3

Used cars and trucks

Go to web page with historical data for series CUUR0100SETA02
143.816 145.372 146.630 -5.2 2.0 0.9

Motor fuel

Go to web page with historical data for series CUUR0100SETB
204.293 200.558 209.221 15.0 2.4 4.3

Gasoline (all types)

Go to web page with historical data for series CUUR0100SETB01
203.432 199.687 208.380 15.0 2.4 4.4

Gasoline, unleaded regular(4)

Go to web page with historical data for series CUUR0100SS47014
200.777 196.836 205.855 15.2 2.5 4.6

Gasoline, unleaded midgrade(4)(5)

Go to web page with historical data for series CUUR0100SS47015
217.529 214.960 221.714 14.2 1.9 3.1

Gasoline, unleaded premium(4)

Go to web page with historical data for series CUUR0100SS47016
213.492 211.044 217.462 13.7 1.9 3.0
 

Medical care

Go to web page with historical data for series CUUR0100SAM
492.978 493.595 491.537 1.9 -0.3 -0.4

Medical care commodities

Go to web page with historical data for series CUUR0100SAM1
389.173 392.473 385.389 0.4 -1.0 -1.8

Medical care services

Go to web page with historical data for series CUUR0100SAM2
522.384 522.080 521.761 2.2 -0.1 -0.1

Professional services

Go to web page with historical data for series CUUR0100SEMC
377.102 376.738 376.792 1.9 -0.1 0.0
 

Recreation(3)

Go to web page with historical data for series CUUR0100SAR
123.788 124.153 124.301 2.3 0.4 0.1
 

Education and communication(3)

Go to web page with historical data for series CUUR0100SAE
142.628 140.072 140.052 -0.6 -1.8 0.0
 

Other goods and services

Go to web page with historical data for series CUUR0100SAG
474.864 475.234 474.645 3.3 0.0 -0.1
 

Commodity and service group

 

Commodities

Go to web page with historical data for series CUUR0100SAC
186.562 186.813 187.494 1.2 0.5 0.4

Commodities less food and beverages

Go to web page with historical data for series CUUR0100SACL11
150.190 150.254 150.684 1.5 0.3 0.3

Nondurables less food and beverages

Go to web page with historical data for series CUUR0100SANL11
191.648 191.696 192.621 4.6 0.5 0.5

Durables

Go to web page with historical data for series CUUR0100SAD
103.531 103.602 103.606 -2.6 0.1 0.0

Services

Go to web page with historical data for series CUUR0100SAS
328.452 327.737 328.385 2.3 0.0 0.2
 

Special aggregate indexes

 

All items less shelter

Go to web page with historical data for series CUUR0100SA0L2
231.347 230.808 231.428 1.5 0.0 0.3

All items less medical care

Go to web page with historical data for series CUUR0100SA0L5
248.480 248.183 248.960 1.9 0.2 0.3

Commodities less food

Go to web page with historical data for series CUUR0100SACL1
153.876 153.951 154.357 1.5 0.3 0.3

Nondurables

Go to web page with historical data for series CUUR0100SAN
222.385 222.733 223.802 2.5 0.6 0.5

Nondurables less food

Go to web page with historical data for series CUUR0100SANL1
195.168 195.237 196.079 4.2 0.5 0.4

Services less rent of shelter(2)

Go to web page with historical data for series CUUR0100SASL2RS
328.853 326.825 327.382 1.9 -0.4 0.2

Services less medical care services

Go to web page with historical data for series CUUR0100SASL5
315.072 314.332 315.042 2.3 0.0 0.2

Energy

Go to web page with historical data for series CUUR0100SA0E
197.959 195.085 198.421 8.9 0.2 1.7

All items less energy

Go to web page with historical data for series CUUR0100SA0LE
267.611 267.614 268.006 1.4 0.1 0.1

All items less food and energy

Go to web page with historical data for series CUUR0100SA0L1E
271.867 271.752 271.986 1.5 0.0 0.1

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, May 12, 2017