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News Release Information

21-212-CHI
Wednesday, February 10, 2021

Contacts

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

Consumer Price Index, Chicago-Naperville-Elgin — January 2021

Area prices were up 0.7 percent over the past month, up 0.7 percent from a year ago

Prices in the Chicago-Naperville-Elgin area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.7 percent in January, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Jason Palmer noted that the food index increased 0.9 percent, and the energy index rose 3.7 percent in January. The all items less food and energy index rose 0.5 percent in January. Among the indexes within the all items less food and energy category, prices were higher for apparel, shelter, and medical care. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U rose 0.7 percent. (See chart 1 and table A.) Food prices increased 5.3 percent. The index for all items less food and energy rose 0.2 percent over the year. Energy prices declined 3.8 percent, largely the result of a decrease in the price of gasoline. (See table 1.)

Food

Food prices advanced 0.9 percent for the month of January.  Prices for food at home (groceries) increased 0.9 percent, and prices for food away from home (restaurant, cafeteria, and vending purchases) rose 1.0 percent for the same period. Within the food at home group, indexes were higher in January for other fresh fruits, cheese and related products, and fresh fish and seafood. In contrast, the index for milk was lower.

Over the year, food prices increased 5.3 percent. Prices for food at home increased 4.9 percent since a year ago, and prices for food away from home increased 5.7 percent.

Energy

The energy index rose 3.7 percent over the month. The increase was mainly due to higher prices for gasoline (8.0 percent). Prices for utility (piped) gas service rose 1.7 percent, while prices for electricity decreased 1.0 percent for the same period.

Energy prices declined 3.8 percent over the year, largely due to lower prices for gasoline (-7.9 percent). Prices paid for utility (piped) gas service rose 6.5 percent, while prices for electricity declined 3.2 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.5 percent in January. Higher prices for apparel (4.7 percent), shelter (0.2 percent), and medical care (0.7 percent) were partially offset by lower prices for household furnishings and operations (-0.5 percent).

Over the year, the index for all items less food and energy rose 0.2 percent. Components contributing to the increase included shelter (1.8 percent) and new and used motor vehicles (3.4 percent). Partly offsetting the increases were price decreases in apparel (-9.4 percent) and education and communication (-1.3 percent).

Table A. Chicago-Naperville-Elgin, IL-IN-WI, CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2017 2018 2019 2020 2021
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.7 1.8 0.8 1.8 0.6 0.8 0.9 2.6 0.7 0.7

February

0.1 2.2 0.0 1.6 0.6 1.4 0.0 2.0

March

-0.1 2.0 0.0 1.8 0.1 1.5 -0.7 1.1

April

0.4 1.7 0.7 2.1 -0.1 0.8 -0.9 0.3

May

0.2 1.8 0.4 2.3 0.8 1.2 1.0 0.4

June

0.0 1.3 -0.2 2.2 -0.4 1.0 0.3 1.1

July

0.0 2.2 -0.3 1.9 0.3 1.6 0.2 1.0

August

0.3 2.3 0.1 1.7 0.2 1.6 0.1 1.0

September

0.4 2.1 0.4 1.6 0.2 1.4 0.6 1.4

October

-0.4 1.6 0.0 2.0 0.3 1.8 -0.1 1.0

November

0.4 1.8 -0.6 1.0 -0.2 2.2 -0.4 0.8

December

-0.4 1.7 -0.3 1.1 -0.2 2.2 -0.2 0.9

The February 2021 Consumer Price Index for the Chicago-Naperville-Elgin area is scheduled to be released on Wednesday, March 10, 2021.

Coronavirus (COVID-19) Pandemic Impact on January 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 January 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 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 6,000 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 Chicago-Naperville-Elgin, IL-IN-WI, Core Based Statistical Area covered in this release is comprised of Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry, and Will Counties in Illinois; Jasper, Lake, Newton, and Porter Counties in Indiana; and Kenosha County in Wisconsin.

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

Indexes Percent change from-
Nov.
2020
Dec.
2020
Jan.
2021
Jan.
2020
Nov.
2020
Dec.
2020

Expenditure category

All items

244.610 244.235 246.008 0.7 0.6 0.7

All items (1967=100)

730.793 729.673 734.970 - - -

Food and beverages

266.030 265.590 268.085 5.1 0.8 0.9

Food

265.872 265.459 267.960 5.3 0.8 0.9

Food at home

247.872 247.226 249.411 4.9 0.6 0.9

Cereals and bakery products

282.144 277.367 280.160 4.8 -0.7 1.0

Meats, poultry, fish and eggs

264.009 267.326 264.775 3.5 0.3 -1.0

Dairy and related products

223.495 224.876 229.751 9.4 2.8 2.2

Fruits and vegetables

311.481 314.042 322.852 2.2 3.7 2.8

Nonalcoholic beverages and beverage materials(1)

207.389 207.245 208.695 7.4 0.6 0.7

Other food at home

202.243 198.202 199.599 5.6 -1.3 0.7

Food away from home

285.191 285.114 288.005 5.7 1.0 1.0

Alcoholic beverages

266.612 265.835 268.235 3.3 0.6 0.9

Housing

259.836 260.098 260.496 1.5 0.3 0.2

Shelter

331.084 331.560 332.383 1.8 0.4 0.2

Rent of primary residence(2)

353.426 354.001 354.330 2.3 0.3 0.1

Owners' equiv. rent of residences(2)(3)

341.471 342.176 343.037 2.5 0.5 0.3

Owners' equiv. rent of primary residence(2)(3)

341.471 342.176 343.037 2.5 0.5 0.3

Fuels and utilities

209.973 209.972 209.982 0.6 0.0 0.0

Household energy

161.385 161.384 161.535 0.4 0.1 0.1

Energy services(2)

164.667 164.653 164.791 0.4 0.1 0.1

Electricity(2)

162.456 162.431 160.875 -3.2 -1.0 -1.0

Utility (piped) gas service(2)

154.469 154.471 157.124 6.5 1.7 1.7

Household furnishings and operations

90.085 89.955 89.537 -0.3 -0.6 -0.5

Apparel

81.136 77.675 81.311 -9.4 0.2 4.7

Transportation

176.361 176.894 180.646 -2.8 2.4 2.1

Private transportation

176.225 178.651 181.898 -0.7 3.2 1.8

New and used motor vehicles(4)

98.505 98.913 98.780 3.4 0.3 -0.1

New vehicles(1)

170.772 174.468 178.438 3.4 4.5 2.3

Used cars and trucks(1)

293.494 289.813 287.743 10.3 -2.0 -0.7

Motor fuel

192.102 202.109 218.179 -8.0 13.6 8.0

Gasoline (all types)

190.070 200.005 215.937 -7.9 13.6 8.0

Gasoline, unleaded regular(5)

181.966 191.939 207.432 -8.1 14.0 8.1

Gasoline, unleaded midgrade(5)(6)

216.161 224.519 240.008 -7.7 11.0 6.9

Gasoline, unleaded premium(5)

220.566 227.023 243.622 -6.0 10.5 7.3

Motor vehicle insurance(1)

500.055 500.010 508.159 -6.3 1.6 1.6

Medical care

534.148 533.028 536.511 - 0.4 0.7

Recreation(4)

114.720 113.473 114.161 -2.0 -0.5 0.6

Education and communication(4)

141.352 141.366 141.344 -1.3 0.0 0.0

Tuition, other school fees, and childcare(1)

1,218.961 1,218.595 1,220.439 1.2 0.1 0.2

Other goods and services

406.016 404.635 405.674 1.2 -0.1 0.3

Commodity and service group

All items

244.610 244.235 246.008 0.7 0.6 0.7

Commodities

168.108 168.208 170.924 1.3 1.7 1.6

Commodities less food and beverages

121.448 121.736 124.351 -1.5 2.4 2.1

Nondurables less food and beverages

158.862 158.107 163.620 -4.9 3.0 3.5

Durables

85.715 86.615 87.173 2.7 1.7 0.6

Services

317.552 316.670 317.316 0.3 -0.1 0.2

Special aggregate indexes

All items less medical care

232.160 231.818 233.519 0.6 0.6 0.7

All items less shelter

215.352 214.698 216.779 0.1 0.7 1.0

Commodities less food

126.320 126.584 129.218 -1.3 2.3 2.1

Nondurables

211.872 211.258 215.401 0.8 1.7 2.0

Nondurables less food

165.724 164.966 170.304 -4.2 2.8 3.2

Services less rent of shelter(3)

319.280 316.882 317.361 -1.3 -0.6 0.2

Services less medical care services

300.534 299.653 300.080 0.1 -0.2 0.1

Energy

172.686 176.684 183.197 -3.8 6.1 3.7

All items less energy

253.314 252.556 253.936 1.0 0.2 0.5

All items less food and energy

251.917 251.094 252.275 0.2 0.1 0.5

Footnotes
(1) Index on a December 1977=100 base.
(2) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(3) Index on a December 1982=100 base.
(4) Indexes on a December 1997=100 base.
(5) Special index based on a substantially smaller sample.
(6) Index on a December 1993=100 base.

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

 

Last Modified Date: Wednesday, February 10, 2021