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News Release Information

20-1413-PHI
Tuesday, July 14, 2020

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Consumer Price Index, Northeast Region – June 2020

Regional prices up 0.3 percent over the month; up 0.8 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Northeast edged up 0.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s regional commissioner, noted that the recent increase reflected an increase in the energy index, up 4.0 percent since May. The all items less food and energy index also rose over the month, inching up 0.1 percent, while the food index was 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 0.8 percent. (See chart 1 and table A.) This reflected an advance in the all items less food and energy index, up 1.3 percent. The food index also rose, up 4.5 percent, while the energy index fell 11.8 percent since June 2019. (See table 1.)

Food

The food index was unchanged since April. Higher prices for food away from home, up 0.4 percent, were offset by lower prices for food at home, down 0.2 percent over the month.

From June 2019 to June 2020, the food index increased 4.5 percent. Prices for food at home increased over the year, up 5.0 percent; those for food away from home also rose, up 3.8 percent.

Energy

The energy index, which includes prices for household and transportation fuels, advanced 4.0 percent in June, led by a 5.2-percent rise in gasoline prices. Prices were also higher for electricity (4.5 percent) while prices were lower for utility (piped) gas service (-0.7 percent) over the month.

The energy index decreased 11.8 percent since June 2019. The decrease reflected a drop in prices for gasoline (-22.3 percent). Prices for utility (piped) gas service also decreased over the year, down 4.5 percent, while those for electricity increased 2.8 percent.

All items less food and energy

The index for all items less food and energy inched up 0.1 percent over the month. Higher prices for shelter (0.4 percent) and medical care (0.7 percent) were nearly offset by lower prices for recreation (-2.8 percent) and apparel (-0.7 percent).

The index for all items less food and energy increased 1.3 percent since June 2019, led by higher prices for shelter and medical care, up 2.2 and 5.7 percent, respectively. Prices also rose over the year for education and communication (2.7 percent), recreation (1.7 percent), and other goods and services (2.3 percent).

Table A. Northeast region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2016 2017 2018 2019 2020
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.0 0.7 0.6 2.5 0.5 1.6 0.3 1.5 0.7 2.3

February

0.2 0.7 0.3 2.6 0.4 1.7 0.2 1.3 0.3 2.4

March

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

April

0.6 1.0 0.3 1.9 0.4 2.1 0.4 1.7 -0.4 0.8

May

0.3 0.9 0.1 1.7 0.4 2.5 0.3 1.5 0.0 0.6

June

0.2 0.7 0.0 1.5 0.0 2.6 0.1 1.6 0.3 0.8

July

0.0 0.8 -0.2 1.3 0.0 2.7 0.1 1.7

August

0.1 1.0 0.3 1.6 0.2 2.7 0.1 1.5

September

0.2 1.3 0.5 1.9 0.1 2.2 0.0 1.4

October

0.2 1.6 -0.1 1.5 -0.1 2.3 -0.1 1.5

November

0.0 1.6 0.0 1.6 -0.4 1.9 0.1 1.9

December

0.0 1.9 0.1 1.7 -0.1 1.7 -0.1 1.9

Geographic divisions

Additional price indexes are now available for the two divisions of the Northeast. Over the month, the all items CPI-U increased in the New England division, up 0.5 percent, and rose in the Middle Atlantic division, up 0.3 percent.

Over the year, the all items index increased in the New England division (0.4 percent). (See table B.) Prices rose in the Middle Atlantic division, up 0.9 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 0.8

New England Division

0.5 0.4

Middle Atlantic Division

0.3 0.9

The Consumer Price Index for July 2020 is scheduled to be released Wednesday, August 12, 2020, at 8:30 a.m. (ET).

Coronavirus (COVID-19) Pandemic Impact on June 2020 Consumer Price Index Data

Data collection by personal visit for the Consumer Price Index (CPI) program has been suspended since March 16, 2020. When possible, data normally collected by personal visit were collected either online or by phone. Additionally, data collection in June 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.


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
Apr.
2020
May
2020
Jun.
2020
Jun.
2019
Apr.
2020
May
2020

All items

271.325 271.345 272.283 0.8 0.4 0.3

All items (December 1977 = 100)

427.254 427.285 428.762      

Food and beverages

273.573 275.327 275.422 4.3 0.7 0.0

Food

274.617 276.418 276.511 4.5 0.7 0.0

Food at home

262.180 264.135 263.522 5.0 0.5 -0.2

Cereals and bakery products

313.438 312.739 318.380 6.8 1.6 1.8

Meats, poultry, fish, and eggs

268.731 279.088 277.864 10.5 3.4 -0.4

Dairy and related products

241.163 242.054 242.169 6.4 0.4 0.0

Fruits and vegetables

320.523 321.906 318.167 1.6 -0.7 -1.2

Nonalcoholic beverages and beverage materials

181.651 181.340 180.292 0.8 -0.7 -0.6

Other food at home

234.059 232.173 231.093 2.9 -1.3 -0.5

Food away from home

296.492 298.070 299.261 3.8 0.9 0.4

Alcoholic beverages

258.802 259.914 260.041 2.0 0.5 0.0

Housing

291.569 291.328 293.283 1.6 0.6 0.7

Shelter

365.383 365.728 367.321 2.2 0.5 0.4

Rent of primary residence

369.142 369.469 369.973 2.4 0.2 0.1

Owners' equivalent rent of residences(1)

379.025 379.410 380.135 2.9 0.3 0.2

Owners' equivalent rent of primary residence(1)

378.705 379.093 379.810 2.9 0.3 0.2

Fuels and utilities

219.796 217.304 223.222 -2.4 1.6 2.7

Household energy

191.620 188.822 194.986 -3.2 1.8 3.3

Energy services

197.091 195.422 201.147 0.8 2.1 2.9

Electricity

202.391 203.446 212.556 2.8 5.0 4.5

Utility (piped) gas service

172.177 165.428 164.255 -4.5 -4.6 -0.7

Household furnishings and operations

120.596 119.994 120.756 -0.1 0.1 0.6

Apparel

122.783 118.529 117.665 -8.7 -4.2 -0.7

Transportation

192.380 190.787 193.629 -7.8 0.6 1.5

Private transportation

186.784 185.148 188.195 -6.6 0.8 1.6

New and used motor vehicles(2)

95.942 96.679 96.629 -0.5 0.7 -0.1

New vehicles

144.030 145.786 145.161 -0.9 0.8 -0.4

New cars and trucks(2)(3)

99.818 101.004 100.569 -0.9 0.8 -0.4

New cars(3)

133.004 135.082 135.008 0.1 1.5 -0.1

Used cars and trucks

145.373 144.269 142.665 -3.0 -1.9 -1.1

Motor fuel

180.260 175.899 184.823 -22.2 2.5 5.1

Gasoline (all types)

179.103 174.767 183.774 -22.3 2.6 5.2

Gasoline, unleaded regular(3)

175.315 171.025 180.212 -23.0 2.8 5.4

Gasoline, unleaded midgrade(3)(4)

201.686 195.799 203.737 -18.8 1.0 4.1

Gasoline, unleaded premium(3)

198.540 194.354 201.483 -17.7 1.5 3.7

Motor vehicle insurance(5)

568.633 529.141 563.674 -9.3 -0.9 6.5

Medical care

549.330 548.862 552.744 5.7 0.6 0.7

Medical care commodities

390.261 390.799 392.995 -2.4 0.7 0.6

Medical care services

595.764 594.982 599.370 7.6 0.6 0.7

Professional services

401.080 403.512 407.393 3.9 1.6 1.0

Recreation(2)

128.377 132.380 128.712 1.7 0.3 -2.8

Education and communication(2)

147.043 146.915 146.720 2.7 -0.2 -0.1

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

1,301.052 1,301.458 1,302.856 3.9 0.1 0.1

Other goods and services

511.241 509.456 507.516 2.3 -0.7 -0.4

Commodity and service group

Commodities

188.826 188.241 188.755 -1.9 0.0 0.3

Commodities less food and beverages

145.084 143.583 144.240 -6.1 -0.6 0.5

Nondurables less food and beverages

183.337 179.901 181.757 -9.1 -0.9 1.0

Durables

100.951 100.950 100.711 -2.1 -0.2 -0.2

Services

350.479 351.075 352.420 2.2 0.6 0.4

Special aggregate indexes

All items less shelter

238.814 238.717 239.426 0.0 0.3 0.3

All items less medical care

259.058 259.099 259.905 0.3 0.3 0.3

Commodities less food

149.072 147.632 148.278 -5.8 -0.5 0.4

Nondurables

227.723 226.778 227.792 -1.8 0.0 0.4

Nondurables less food

187.760 184.597 186.349 -8.3 -0.8 0.9

Services less rent of shelter(1)

346.404 347.273 348.402 2.0 0.6 0.3

Services less medical care services

333.579 334.271 335.406 1.5 0.5 0.3

Energy

187.095 183.663 190.948 -11.8 2.1 4.0

All items less energy

282.453 282.786 283.159 1.7 0.2 0.1

All items less food and energy

285.641 285.717 286.141 1.3 0.2 0.1

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: Tuesday, July 14, 2020