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21-1345-PHI
Tuesday, July 13, 2021

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Consumer Price Index, Philadelphia-Camden-Wilmington – June 2021

Area prices up 1.9 percent since April; up 4.9 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for Philadelphia-Camden-Wilmington increased 1.9 percent from April to June, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Alexandra Hall Bovee noted that the recent increase was due largely to an identical increase in the all items less food and energy index (1.9 percent). The energy index and the food index also increased over the 2-month period, up 4.3 and 1.2 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 CPI-U rose 4.9 percent. (See chart 1 and table A.) The over-the-year rise was due largely to an increase in the all items less food and energy index (4.5 percent). The energy index and the food index also increased since June 2020, up 19.8 and 0.9 percent, respectively. (See table 1.)

Food

The food index increased 1.2 percent over the last 2 months. Prices for food at home rose 2.2 percent since April, while those for food away from home inched down 0.1 percent. Within the food at home component, prices were higher for items such as uncooked ground beef and breakfast cereal, while prices were lower for rice, pasta, cornmeal as well as eggs.

Over the year, the food index increased 0.9 percent. Prices for food away from home rose 3.4 percent, while those for food at home were down 1.0 percent.

Energy

The energy index, which includes prices for household and transportation fuels, increased 4.3 percent since April. The 2-month increase reflected a 7.2-percent rise in gasoline prices. Prices were also higher for electricity, up 1.2 percent, while those for utility (piped) gas service were lower, down 0.5 percent since April.

Over the year, the energy index advanced 19.8 percent, led by a 40.0-percent jump in gasoline prices. Prices were also higher for electricity, up 0.6 percent, while those for utility (piped) gas service were lower, down 1.0 percent.

All items less food and energy

The index for all items less food and energy increased 1.9 percent from April to June. Higher prices for new and used motor vehicles (14.3 percent), particularly those for used cars and trucks (18.1 percent), were moderated by lower prices for apparel (-2.4 percent) and medical care (-0.7 percent).

Since June 2020, the index for all items less food and energy advanced 4.5 percent. Prices were higher for new and used motor vehicles (27.0 percent), particularly those for used cars and trucks (45.3 percent), along with prices for household furnishings and operations (11.0 percent).

Table A. Philadelphia CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2017 2018 2019 2020 2021
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

0.7 2.1 0.4 0.5 0.8 1.5 1.0 2.6 0.8 1.0

April

0.0 1.3 0.9 1.4 1.3 1.9 -1.3 -0.1 1.2 3.5

June

-0.3 0.7 0.2 1.9 0.5 2.1 0.6 0.1 1.9 4.9

August

0.5 1.4 0.3 1.7 0.5 2.3 0.8 0.4

October

0.0 0.8 0.0 1.6 -0.4 1.9 0.0 0.8

December

-0.1 0.8 -0.7 1.0 -0.3 2.4 0.0 1.1

The Consumer Price Index for July 2021 is scheduled to be released Wednesday, August 11, 2021 at 8:30 am (ET).

Coronavirus (COVID-19) Pandemic Impact on June 2021 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 for Philadelphia-Camden-Wilmington is published bi-monthly. The Consumer Price Index (CPI) is a measures 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 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; 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 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, Core Based Statistical Area includes Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties in Pennsylvania; Burlington, Camden, Cumberland, Gloucester, and Salem Counties in New Jersey; New Castle County in Delaware; and Cecil County in Maryland.

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.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods, Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure category Indexes Percent change from
Historical
data
Apr.
2021
May
2021
Jun.
2021
Jun.
2020
Apr.
2021
May
2021

All items

265.355   270.499 4.9 1.9  

All items (1967 = 100)

766.597   781.455      

Food and beverages

248.347   251.504 0.9 1.3  

Food

249.307   252.233 0.9 1.2  

Food at home

246.590 246.725 252.121 -1.0 2.2 2.2

Cereals and bakery products

318.114   329.566 -1.0 3.6  

Meats, poultry, fish, and eggs

276.816   295.828 -0.7 6.9  

Dairy and related products

201.692   204.327 -3.1 1.3  

Fruits and vegetables

281.062   275.783 -0.7 -1.9  

Nonalcoholic beverages and beverage materials(1)

163.550   170.638 2.0 4.3  

Other food at home

221.319   221.028 -1.9 -0.1  

Food away from home

246.449   246.195 3.4 -0.1  

Alcoholic beverages

231.671   238.375 1.3 2.9  

Housing

274.219   277.690 2.7 1.3  

Shelter

340.666 343.549 344.373 1.1 1.1 0.2

Rent of primary residence

320.992 323.574 324.064 2.3 1.0 0.2

Owners' equivalent rent of residences(2)

352.615 353.503 354.398 0.8 0.5 0.3

Owners' equivalent rent of primary residence(2)

352.615 353.503 354.398 0.8 0.5 0.3

Fuels and utilities

209.987   212.873 4.9 1.4  

Household energy

168.694 169.603 171.720 5.5 1.8 1.2

Energy services

178.982 178.200 180.200 0.1 0.7 1.1

Electricity

179.930 178.777 182.050 0.6 1.2 1.8

Utility (piped) gas service

165.061 165.121 164.267 -1.0 -0.5 -0.5

Household furnishings and operations

125.340   128.208 11.0 2.3  

Apparel

110.576   107.951 6.9 -2.4  

Transportation

220.407   238.189 18.9 8.1  

Private transportation

223.341   243.756 20.9 9.1  

New and used motor vehicles(3)

108.420   123.972 27.0 14.3  

New vehicles(1)

189.466   207.562 18.7 9.6  

Used cars and trucks(1)

311.505   367.957 45.3 18.1  

Motor fuel

266.588 281.445 285.626 39.8 7.1 1.5

Gasoline (all types)

263.211 278.044 282.217 40.0 7.2 1.5

Gasoline, unleaded regular(4)

259.470 274.575 278.607 40.7 7.4 1.5

Gasoline, unleaded midgrade(4)(5)

272.929 284.407 289.291 35.8 6.0 1.7

Gasoline, unleaded premium(4)

268.183 280.184 284.908 34.8 6.2 1.7

Motor vehicle insurance(1)

651.153   653.356 -5.6 0.3  

Medical care

576.610   572.833 2.8 -0.7  

Recreation(3)

125.476   128.137 2.3 2.1  

Education and communication(3)

133.529   134.206 1.4 0.5  

Tuition, other school fees, and child care(1)

1,053.564   1,069.904 1.4 1.6  

Other goods and services

590.414   586.000 6.1 -0.7  

Commodity and service group

Commodities

191.134   197.900 10.4 3.5  

Commodities less food and beverages

159.099   167.075 17.2 5.0  

Nondurables less food and beverages

196.636   200.359 12.2 1.9  

Durables

115.259   125.249 23.3 8.7  

Services

340.100   343.547 1.8 1.0  

Special aggregate indexes

All items less shelter

240.563   246.213 6.7 2.3  

All items less medical care

252.196   257.717 5.0 2.2  

Commodities less food

161.923   169.919 16.6 4.9  

Nondurables

223.601   227.075 5.8 1.6  

Nondurables less food

198.772   202.663 11.5 2.0  

Services less rent of shelter(2)

347.097   350.318 2.6 0.9  

Services less medical care services

321.912   325.736 1.5 1.2  

Energy

204.045 210.014 212.878 19.8 4.3 1.4

All items less energy

274.226   279.097 3.9 1.8  

All items less food and energy

281.159   286.441 4.5 1.9  

Footnotes
(1) Indexes on a December 1977=100 base
(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.

 

Last Modified Date: Tuesday, July 13, 2021