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17-577-CHI
Friday, May 12, 2017

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Consumer Price Index, Chicago-Gary-Kenosha — April 2017

Local prices up 1.7 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Chicago-Gary-Kenosha area increased 0.4 percent in April, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Charlene Peiffer noted that energy prices rose 2.7 percent and food prices decreased 0.5 percent in April. 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 higher for apparel and shelter. (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 increased 1.7 percent. (See chart 1 and table A.) Energy costs rose 10.2 percent over the year, primarily due to increases in the indexes for gasoline and utility (piped) gas service. The all items less food and energy index was 1.5 percent higher over the year. (See table 1.)

Food

Food prices fell 0.5 percent in April after increasing 0.3 percent in March. Over the month, the food at home index (groceries) fell 1.1 percent while the food away from home index (restaurant, cafeteria, and vending purchases) rose 0.5 percent. Within the food at home group, indexes were lower in April for other bakery products and canned fruits and vegetables. In contrast, the indexes other pork including roasts and picnics and uncooked ground beef were higher.

From April 2016 to April 2017, the food index declined 0.9 percent. Grocery prices fell 2.8 percent, while food away from home prices rose 2.0 percent over the year.

Energy

The energy index increased 2.7 percent in April, primarily due to gasoline prices rising 7.8 percent. In comparison, the electricity index fell 2.1 percent over the month, while utility (piped) gas service costs decreased 0.7 percent.

Over the year, the Chicago area energy index rose 10.2 percent. The major contributing factors in the energy index’s rise were a 14.7-percent increase in gasoline prices and a 21.4-percent increase in utility (piped) gas service costs. The electricity index declined 1.6 percent over the year.

All items less food and energy

The index for all items less food and energy increased 0.3 percent in April. Among the index’s components, prices were higher for apparel (3.9 percent) and shelter (0.3 percent), but lower for education and communication (-0.6 percent).

Over the year, the index for all items less food and energy increased 1.5 percent. Increases in the indexes for shelter (2.2 percent) and medical care (3.8 percent) were major contributing factors.

Table A. Chicago CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2013 2014 2015 2016 2017
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.2 1.2 0.9 1.2 -0.2 0.4 0.8 0.9 0.7 1.8

February

1.1 2.3 0.5 0.7 0.0 -0.2 -0.2 0.7 0.1 2.2

March

-0.1 0.9 1.1 1.9 0.7 -0.6 0.1 0.2 -0.1 2.0

April

0.0 0.9 0.5 2.4 0.1 -0.9 0.6 0.7 0.4 1.7

May

0.5 1.5 -0.1 1.8 0.3 -0.5 0.0 0.3    

June

0.1 1.7 0.4 2.0 0.2 -0.7 0.5 0.7    

July

-0.2 1.7 -0.4 1.9 -0.1 -0.5 -0.8 -0.1    

August

0.1 1.1 0.1 1.9 0.4 -0.1 0.2 -0.2    

September

-0.2 0.7 0.0 2.1 -0.3 -0.4 0.6 0.6    

October

-0.3 0.5 -0.4 2.0 -0.1 -0.2 0.1 0.8    

November

-0.3 0.6 -0.8 1.6 -0.4 0.2 0.2 1.5    

December

-0.3 0.5 -0.4 1.5 -0.6 0.0 -0.2 1.9    

The May 2017 Consumer Price Index for Chicago is scheduled to be released on Wednesday, June 14, 2017.


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-
Feb.
2017
Mar.
2017
Apr.
2017
Apr.
2016
Feb.
2017
Mar.
2017

Expenditure category

 
 

All items

232.491 232.225 233.066 1.7 0.2 0.4

All items (1967=100)

694.586 693.792 696.303 - - -

Food and beverages

242.266 242.987 242.079 -0.8 -0.1 -0.4

Food

242.088 242.842 241.723 -0.9 -0.2 -0.5

Food at home

232.648 233.725 231.135 -2.8 -0.7 -1.1

Food away from home

250.726 250.953 252.175 2.0 0.6 0.5

Alcoholic beverages

243.173 243.410 245.612 0.4 1.0 0.9

Housing

240.382 239.698 240.022 2.3 -0.1 0.1

Shelter

301.142 299.877 300.859 2.2 -0.1 0.3

Rent of primary residence(1)

318.021 318.071 319.569 2.7 0.5 0.5

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

304.978 305.444 306.145 2.4 0.4 0.2

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

304.978 305.444 306.145 2.4 0.4 0.2

Fuels and utilities

203.417 203.895 201.534 5.6 -0.9 -1.2

Household energy

161.380 161.621 159.146 6.3 -1.4 -1.5

Energy services(1)

164.534 164.878 162.311 6.4 -1.4 -1.6

Electricity(1)

154.027 156.635 153.313 -1.6 -0.5 -2.1

Utility (piped) gas service(1)

167.158 163.828 162.697 21.4 -2.7 -0.7

Household furnishings and operations

92.163 92.416 92.478 -0.6 0.3 0.1

Apparel

86.958 83.546 86.812 -1.6 -0.2 3.9

Transportation

180.859 182.158 186.064 3.5 2.9 2.1

Private transportation

177.223 178.455 182.061 3.7 2.7 2.0

Motor fuel

211.378 215.119 231.854 14.7 9.7 7.8

Gasoline (all types)

209.239 212.950 229.645 14.7 9.8 7.8

Gasoline, unleaded regular(3)

200.295 203.631 220.437 14.8 10.1 8.3

Gasoline, unleaded midgrade(3)(4)

236.133 242.219 258.367 14.9 9.4 6.7

Gasoline, unleaded premium(3)

236.313 240.732 253.755 13.1 7.4 5.4

Medical care

492.667 491.401 490.939 3.8 -0.4 -0.1

Recreation(5)

111.345 113.501 113.185 1.5 1.7 -0.3

Education and communication(5)

145.495 143.432 142.626 -0.1 -2.0 -0.6

Other goods and services

384.379 384.439 385.179 0.5 0.2 0.2
 

Commodity and service group

 
 

All items

232.491 232.225 233.066 1.7 0.2 0.4

Commodities

164.788 164.527 165.906 -0.1 0.7 0.8

Commodities less food & beverages

125.614 124.971 127.201 0.5 1.3 1.8

Nondurables less food & beverages

165.539 164.413 169.453 2.9 2.4 3.1

Durables

88.288 88.036 88.096 -2.7 -0.2 0.1

Services

296.790 296.523 296.818 2.7 0.0 0.1
 

Special aggregate indexes

 
 

All items less medical care

221.324 221.102 222.001 1.5 0.3 0.4

All items less shelter

209.346 209.426 210.220 1.5 0.4 0.4

Commodities less food

129.859 129.232 131.484 0.5 1.3 1.7

Nondurables

204.382 204.141 206.348 0.7 1.0 1.1

Nondurables less food

170.693 169.638 174.545 2.7 2.3 2.9

Services less rent of shelter(2)

307.536 308.418 307.962 3.3 0.1 -0.1

Services less medical care services

281.815 281.660 282.006 2.5 0.1 0.1

Energy

180.462 182.057 187.023 10.2 3.6 2.7

All items less energy

239.321 238.881 239.347 1.1 0.0 0.2

All items less food and energy

239.664 239.004 239.760 1.5 0.0 0.3

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. Data not seasonally adjusted.
 

 

Last Modified Date: Friday, May 12, 2017