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19-997-PHI
Wednesday, June 12, 2019

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Consumer Price Index, Northeast Region – May 2019

Regional prices increased 0.3 percent over the month; up 1.5 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Northeast rose 0.3 percent in May, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s regional commissioner, noted that this was due mostly to an increase in the all items less food and energy index (0.2 percent). The energy index and food index also increased over the month, up 1.0 and 0.3 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 1.5 percent. (See chart 1 and table A.) This was due almost entirely to an advance in the all items less food and energy index, up 1.8 percent. The food index also rose, up 1.6 percent since May 2018, while the energy index declined 2.2 percent. (See table 1.)

Food

The food index increased 0.3 percent since April. Prices for food at home were up 0.4 percent, and those for food away from home edged up 0.2 percent.

From May 2018 to May 2019, the food index increased 1.6 percent. Prices for both food away from home and food at home increased over the year, up 2.4 and 1.0 percent, respectively.

Energy

The energy index, which includes prices for household and transportation fuels, increased 1.0 percent in May, due entirely to higher gasoline prices, up 4.5 percent. Prices were lower for utility (piped) gas service (-3.8 percent) and electricity (-1.1 percent).

The energy index declined 2.2 percent since May 2018. The decrease reflected lower prices for electricity, down 3.9 percent, and gasoline, down 1.4 percent. Utility (piped) gas service prices also decreased (-1.7 percent) over the year.

All items less food and energy

The index for all items less food and energy edged up 0.2 percent over the month. Prices were higher for shelter (0.2 percent) and medical care (0.4 percent), among others.

The index for all items less food and energy increased 1.8 percent since May 2018, led by higher prices for shelter, up 2.4 percent. Prices also rose over the year for medical care (3.2 percent) and education and communication (2.1 percent), among others.

Table A. Northeast region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2015 2016 2017 2018 2019
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

-0.2 -0.4 0.0 0.7 0.6 2.5 0.5 1.6 0.3 1.5

February

0.2 -0.2 0.2 0.7 0.3 2.6 0.4 1.7 0.2 1.3

March

0.3 -0.4 0.2 0.6 -0.1 2.2 0.1 2.0 0.5 1.7

April

0.1 -0.3 0.6 1.0 0.3 1.9 0.4 2.1 0.4 1.7

May

0.4 -0.3 0.3 0.9 0.1 1.7 0.4 2.5 0.3 1.5

June

0.3 0.0 0.2 0.7 0.0 1.5 0.0 2.6

July

-0.1 -0.2 0.0 0.8 -0.2 1.3 0.0 2.7

August

-0.2 -0.1 0.1 1.0 0.3 1.6 0.2 2.7

September

0.0 -0.1 0.2 1.3 0.5 1.9 0.1 2.2

October

-0.2 -0.1 0.2 1.6 -0.1 1.5 -0.1 2.3

November

0.0 0.3 0.0 1.6 0.0 1.6 -0.4 1.9

December

-0.4 0.5 0.0 1.9 0.1 1.7 -0.1 1.7

Geographic divisions

Additional price indexes are now available for the two divisions of the Northeast. Over the month, the all items CPI-U rose 0.3 percent in the New England division, and 0.2 percent in the Middle Atlantic division.

Over the year, the all items index advanced 1.9 percent in the New England division. (See table B.) Prices also rose in the Middle Atlantic division, up 1.3 percent.

 Table B. CPI-U 1-month and 12-month percent changes, all items index, Northeast region and divisions, not seasonally adjusted
Area 1-month change 12-month change

Northeast

0.3 1.5

New England Division

0.3 1.9

Middle Atlantic Division

0.2 1.3

The Consumer Price Index for June 2019 is scheduled to be released Thursday, July 11, 2019, 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 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 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 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
Mar.
2019
Apr.
2019
May
2019
May
2018
Mar.
2019
Apr.
2019

All items

268.025 269.070 269.744 1.5 0.6 0.3

All items (December 1977 = 100)

422.058 423.703 424.765      

Food and beverages

263.215 262.297 263.180 1.5 0.0 0.3

Food

263.847 262.882 263.725 1.6 0.0 0.3

Food at home

251.944 249.654 250.646 1.0 -0.5 0.4

Cereals and bakery products

299.328 296.249 299.438 2.6 0.0 1.1

Meats, poultry, fish, and eggs

251.915 250.050 250.483 -0.1 -0.6 0.2

Dairy and related products

225.171 229.310 228.482 1.6 1.5 -0.4

Fruits and vegetables

322.627 313.414 316.098 1.1 -2.0 0.9

Nonalcoholic beverages and beverage materials

174.643 173.143 175.936 1.9 0.7 1.6

Other food at home

225.782 224.266 223.253 0.1 -1.1 -0.5

Food away from home

285.104 286.052 286.691 2.4 0.6 0.2

Alcoholic beverages

254.083 253.741 255.102 0.5 0.4 0.5

Housing

287.121 287.759 287.727 1.7 0.2 0.0

Shelter

355.912 357.567 358.234 2.4 0.7 0.2

Rent of primary residence

357.883 359.580 360.075 2.7 0.6 0.1

Owners' equivalent rent of residences(1)

367.684 368.628 368.886 2.3 0.3 0.1

Owners' equivalent rent of primary residence(1)

367.393 368.336 368.586 2.2 0.3 0.1

Fuels and utilities

232.085 230.184 226.355 -2.0 -2.5 -1.7

Household energy

205.762 203.571 199.632 -2.9 -3.0 -1.9

Energy services

202.903 200.281 196.145 -3.2 -3.3 -2.1

Electricity

205.339 203.784 201.464 -3.9 -1.9 -1.1

Utility (piped) gas service

183.159 178.997 172.217 -1.7 -6.0 -3.8

Household furnishings and operations

121.147 120.260 120.594 0.5 -0.5 0.3

Apparel

130.492 129.262 127.941 -4.2 -2.0 -1.0

Transportation

204.648 209.063 211.629 0.3 3.4 1.2

Private transportation

197.213 201.571 203.615 0.3 3.2 1.0

New and used motor vehicles(2)

96.759 97.173 96.771 0.8 0.0 -0.4

New vehicles

144.836 145.414 146.834 1.7 1.4 1.0

New cars and trucks(2)(3)

100.376 100.784 101.763 1.7 1.4 1.0

New cars(3)

133.757 133.681 135.121 1.4 1.0 1.1

Used cars and trucks

146.118 146.485 144.998 0.5 -0.8 -1.0

Motor fuel

220.378 238.096 248.681 -1.4 12.8 4.4

Gasoline (all types)

219.146 236.988 247.663 -1.4 13.0 4.5

Gasoline, unleaded regular(3)

216.378 234.501 245.346 -1.5 13.4 4.6

Gasoline, unleaded midgrade(3)(4)

233.775 249.767 260.167 -0.7 11.3 4.2

Gasoline, unleaded premium(3)

229.423 244.478 253.334 -0.6 10.4 3.6

Motor vehicle insurance(5)

623.412 622.923 622.511 0.3 -0.1 -0.1

Medical care

518.479 519.076 521.223 3.2 0.5 0.4

Medical care commodities

404.465 403.494 403.054 2.9 -0.3 -0.1

Medical care services

551.106 552.182 555.114 3.3 0.7 0.5

Professional services

386.581 386.001 387.893 2.3 0.3 0.5

Recreation(2)

125.130 125.643 126.008 2.2 0.7 0.3

Education and communication(2)

142.681 142.917 143.002 2.1 0.2 0.1

Tuition, other school fees, and child care(5)

1,252.800 1,252.969 1,253.615 3.5 0.1 0.1

Other goods and services

494.119 495.254 495.913 1.3 0.4 0.1

Commodity and service group

Commodities

190.905 191.946 193.019 0.4 1.1 0.6

Commodities less food and beverages

152.017 153.760 154.846 -0.4 1.9 0.7

Nondurables less food and beverages

197.082 200.751 202.844 -0.9 2.9 1.0

Durables

102.383 102.466 102.667 0.4 0.3 0.2

Services

342.262 343.333 343.671 2.0 0.4 0.1

Special aggregate indexes

All items less shelter

237.720 238.547 239.230 1.0 0.6 0.3

All items less medical care

257.011 258.078 258.686 1.3 0.7 0.2

Commodities less food

155.720 157.412 158.511 -0.3 1.8 0.7

Nondurables

230.047 231.639 233.198 0.3 1.4 0.7

Nondurables less food

200.399 203.826 205.873 -0.8 2.7 1.0

Services less rent of shelter(1)

339.303 339.773 339.764 1.6 0.1 0.0

Services less medical care services

327.868 328.938 329.098 1.9 0.4 0.0

Energy

211.657 217.787 219.921 -2.2 3.9 1.0

All items less energy

276.524 277.041 277.569 1.8 0.4 0.2

All items less food and energy

280.539 281.302 281.782 1.8 0.4 0.2

Footnotes
(1) Indexes on a December 1982=100 base.
(2) Indexes on a December 1997=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1977=100 base.

 

Last Modified Date: Wednesday, June 12, 2019