Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

News Release Information

16-479-CHI
Wednesday, March 16, 2016

Contacts

Technical information:
Media contact:
  • (312) 353-1138

Consumer Price Index, Chicago-Gary-Kenosha — February 2016

Local prices increased 0.7 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Chicago-Gary-Kenosha area decreased 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Charlene Peiffer noted that energy prices fell 5.8 percent and food prices were down 0.8 percent in February. The all items less food and energy index increased 0.3 percent over the month. Among the indexes within the all items less food and energy category, prices were lower for apparel, but higher for shelter, medical care, and recreation. (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 Chicago area all items CPI-U rose 0.7 percent. (See chart 1 and table A.) The energy index fell 18.2 percent over the year due to annual declines in gasoline prices. The all items less food and energy index was 2.2 percent higher over the year. (See table 1.)

Food

Food prices fell 0.8 percent in February following a 0.9-percent increase in January. Between the two components within the food index, prices for food at home (groceries) decreased 1.3 percent, while prices for food away from home (restaurant, cafeteria, and vending purchases) were unchanged over the month. Within the food at home group, prices were down for tomatoes, lettuce, and uncooked ground beef. In contrast, the indexes for apples and other pork including roasts and picnics experienced increases.

From February 2015 to February 2016, the food index increased 2.1 percent. Prices for food eaten away from home increased 3.8 percent over the year, while grocery food prices rose 0.9 percent from the previous February.

Energy

The energy index was down 5.8 percent in February primarily due to gasoline prices falling 14.9 percent. In contrast, utility (piped) gas service costs rose 2.2 percent while electricity costs recorded little movement, up 0.1 percent over the month.

On an annual basis, the Chicago area energy index declined 18.2 percent over the year. The major contributing factor for the energy index’s decline was the 29.5 percent decrease in gasoline prices since February 2015. Electricity costs fell 10.9 percent and utility (piped) gas service costs fell 6.2 percent during the same period.

All items less food and energy

The index for all items less food and energy rose 0.3 percent in February. Prices were lower for apparel (-1.0 percent), but higher for shelter (0.4 percent), medical care (0.7 percent), and recreation (0.6 percent).

Over the year, the index for all items less food and energy increased 2.2 percent. Annual increases in the indexes for shelter (3.3 percent), medical care (1.4 percent), and recreation (2.2 percent) were major contributing factors.  

Table A. Chicago CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month20122013201420152016
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.62.10.21.20.91.2-0.20.40.80.9

February

0.01.61.12.30.50.70.0-0.2-0.20.7

March

1.22.1-0.10.91.11.90.7-0.6  

April

0.01.70.00.90.52.40.1-0.9  

May

-0.11.00.51.5-0.11.80.3-0.5  

June

-0.10.90.11.70.42.00.2-0.7  

July

-0.21.1-0.21.7-0.41.9-0.1-0.5  

August

0.61.50.11.10.11.90.4-0.1  

September

0.31.6-0.20.70.02.1-0.3-0.4  

October

-0.21.7-0.30.5-0.42.0-0.1-0.2  

November

-0.41.5-0.30.6-0.81.6-0.40.2  

December

-0.31.7-0.30.5-0.41.5-0.60.0  

The March 2016 Consumer Price Index for Chicago is scheduled to be released on Thursday, April 14, 2016.


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 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 6,000 housing units and approximately 24,000 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 Chicago-Gary-Kenosha, Ill.-Ind.-Wis. consolidated area covered in this release is comprised of Cook, DeKalb, DuPage, Grundy, Kane, Kankakee, Kendall, Lake, McHenry, and Will Counties in Illinois; Lake and Porter Counties in Indiana; and Kenosha County in Wisconsin.

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

Chicago-Gary-Kenosha, IL-IN-WI (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Dec.
2015
Jan.
2016
Feb.
2016
Feb.
2015
Dec.
2015
Jan.
2016

Expenditure category

 
 

All items

226.271227.977227.4380.70.5-0.2

All items (1967=100)

676.002681.101679.489---

Food and beverages

243.377245.610243.6871.90.1-0.8

Food

243.108245.397243.4902.10.2-0.8

Food at home

238.461241.630238.5420.90.0-1.3

Food away from home

244.185245.031245.0313.80.30.0

Alcoholic beverages

245.626247.010244.869-0.6-0.3-0.9

Housing

231.915234.312235.1091.71.40.3

Shelter

290.244294.048295.1743.31.70.4

Rent of primary residence (1)

309.939310.212310.8742.70.30.2

Owners' equiv. rent of residences (1) (2)

297.120297.807298.8032.70.60.3

Owners' equiv. rent of primary residence (1) (2)

297.120297.807298.8032.70.60.3

Fuels and utilities

188.610187.636188.848-5.60.10.6

Household energy

150.959149.835151.073-9.20.10.8

Energy services (1)

153.782152.632153.903-9.30.10.8

Electricity (1)

158.638155.005155.175-10.9-2.20.1

Utility (piped) gas service (1)

132.600135.550138.482-6.24.42.2

Household furnishings and operations

94.14694.59294.235-2.90.1-0.4

Apparel

87.08790.77889.8632.43.2-1.0

Transportation

173.699173.581169.456-5.1-2.4-2.4

Private transportation

170.155169.114165.136-5.6-2.9-2.4

Motor fuel

185.278174.279148.371-29.5-19.9-14.9

Gasoline (all types)

183.208172.365146.680-29.5-19.9-14.9

Gasoline, unleaded regular (3)

174.715163.518138.316-31.5-20.8-15.4

Gasoline, unleaded midgrade (3) (4)

209.067201.279174.342-23.0-16.6-13.4

Gasoline, unleaded premium (3)

211.555203.500179.414-16.8-15.2-11.8

Medical care

465.295467.447470.6901.41.20.7

Recreation (5)

108.904110.576111.2432.22.10.6

Education and communication (5)

143.576142.495142.8380.9-0.50.2

Other goods and services

384.159382.564382.4761.0-0.40.0
 

Commodity and service group

 
 

All items

226.271227.977227.4380.70.5-0.2

Commodities

164.125165.253162.916-1.4-0.7-1.4

Commodities less food & beverages

124.272124.900122.512-4.1-1.4-1.9

Nondurables less food & beverages

159.689159.235153.926-6.2-3.6-3.3

Durables

90.27491.63591.508-1.41.4-0.1

Services

285.128287.389288.6412.01.20.4
 

Special aggregate indexes

 
 

All items less medical care

216.027217.716217.0090.70.5-0.3

All items less shelter

204.730205.714204.596-0.5-0.1-0.5

Commodities less food

128.598129.252126.846-3.9-1.4-1.9

Nondurables

201.847202.691198.970-1.6-1.4-1.8

Nondurables less food

165.275164.922159.762-5.8-3.3-3.1

Services less rent of shelter (2)

294.506295.199296.7280.60.80.5

Services less medical care services

271.489273.717274.9292.11.30.4

Energy

163.989159.044149.771-18.2-8.7-5.8

All items less energy

233.997236.334236.5992.21.10.1

All items less food and energy

233.165235.519236.1802.21.30.3

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) Index is on a December 1982=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1997=100 base.
 

- Data not available.
Note: Index applies to a month as a whole, not to any specific date.
 

 

Last Modified Date: Wednesday, March 16, 2016