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News Release Information

16-343-KAN
Friday, February 19, 2016

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Technical information:
Media contact:
  • (816) 285-7000

Consumer Price Index, Midwest Region – January 2016

Prices in the Midwest up 0.3 percent in January and 0.8 percent higher over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Midwest rose 0.3 percent in January following four consecutive monthly declines, the U.S. Bureau of Labor Statistics reported today. The monthly increase was largely attributable to a 0.4-percent advance in the all items less food and energy index. Food prices were also 0.4 percent higher while energy costs declined 1.6 percent over the month. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)

The CPI-U for the Midwest advanced 0.8 percent from January 2015 to January 2016. (See chart 1 and table A.) Food prices increased 0.7 percent, and the energy index, which includes motor fuel and household fuels, fell 6.9 percent. Excluding food and energy, the CPI-U rose 1.6 percent over the year. (See table 1.)

Food

Food prices in the Midwest increased 0.4 percent in January. The index for food at home rose 0.5 percent and costs for food away from home were 0.3 percent higher.  

From January 2015 to January 2016, the index for food advanced 0.7 percent. Rising costs for food away from home (2.4 percent) were responsible for the yearly advance. Prices for food at home registered their fourth consecutive over-the-year decline, down 0.3 percent from January 2015 to January 2016. 

Energy

The energy index registered its seventh consecutive monthly decline, falling 1.6 percent in January, and had the greatest downward impact on the all items index. The decrease in energy costs was largely attributable to a 5.0-percent drop in motor fuel prices. Higher costs for electricity (0.9 percent) and utility (piped) gas service (1.6 percent) moderated the overall decline in energy costs.

Energy prices fell 6.9 percent from January 2015 to January 2016. Prices for motor fuel and utility (piped) gas service were down 8.1 and 17.7 percent, respectively, while costs for electricity were 0.5 percent higher over the year.

All items less food and energy

The index for all items less food and energy for the Midwest turned up 0.4 percent in January. Expenditure categories registering higher prices over the month included shelter (0.6 percent), medical care (0.9 percent), and new vehicles (0.9 percent). Partially offsetting the increases, apparel prices declined 1.0 percent reflecting typical seasonal discounting of fall-winter wear.

The index for all items less food and energy was up 1.6 percent from January 2015 to January 2016. Higher costs for shelter (2.5 percent) and medical care (2.7 percent) led the advance.

The Midwest Consumer Price Index for All Urban Consumers (CPI-U) stood at 223.301 in January 2016. A typical market basket of goods and services that cost $100.00 in the 1982-84 base period cost $223.30 in January 2016. Because regional CPI data are not adjusted for seasonal price variation, consumers and businesses should be cautious in drawing conclusions about long-term retail price trends from short-term changes in the regional indexes.

CPI-W

In January, the Midwest Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 217.406, up 0.2 percent over the month. The CPI-W increased 0.6 percent over the year.

Table A. Midwest region 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

0.62.80.11.30.51.4-0.6-0.30.30.8

February

0.22.71.12.20.60.90.3-0.5  

March

1.02.80.21.40.91.50.6-0.9  

April

0.22.3-0.11.20.31.90.1-1.1  

May

-0.11.50.51.80.21.60.4-0.8  

June

-0.11.40.32.20.51.70.5-0.7  

July

0.01.3-0.41.8-0.31.80.0-0.5  

August

0.71.80.11.2-0.21.60.0-0.3  

September

0.31.90.11.00.11.6-0.3-0.8  

October

-0.32.2-0.50.8-0.51.6-0.1-0.3  

November

-0.41.8-0.21.0-0.61.2-0.5-0.2  

December

-0.21.8-0.21.0-0.70.7-0.60.0  

The February 2016 Consumer Price Index for the Midwest region is scheduled to be released on Wednesday, March 16, 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 approximately 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/homch17_a.htm.

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 areas; they only measure the average change in prices for each area since the base period.

The Midwest region is comprised of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods

Midwest (1982-84=100 unless otherwise noted)
Item and Group

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

Expenditure category

 
 

All Items

224.009222.722223.3010.8-0.30.3

All items (December 1977=100)

364.475362.381363.324   

Food and beverages

240.006240.283241.2280.70.50.4

Food

239.676239.965240.9100.70.50.4

Food at home

229.217229.594230.695-0.30.60.5

Food away from home

257.145257.281257.9592.40.30.3

Alcoholic beverages

242.242242.342243.2660.90.40.4

Housing

212.784212.751213.9781.30.60.6

Shelter

251.104251.159252.7172.50.60.6

Rent of primary residence (1)

250.581250.954251.4782.70.40.2

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

255.101255.603256.2052.30.40.2

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

255.095255.593256.1952.30.40.2

Fuels and utilities

207.998207.707209.516-3.80.70.9

Household energy

170.868170.228171.981-6.00.71.0

Energy services (1)

178.131177.472179.413-5.30.71.1

Electricity (1)

195.913196.090197.8460.51.00.9

Utility (piped) gas service (1)

138.200136.057138.180-17.70.01.6

Household furnishings and operations

115.088114.930114.861-1.1-0.2-0.1

Apparel

120.087116.220115.113-0.8-4.1-1.0

Transportation

192.703186.673185.470-0.6-3.8-0.6

Private transportation

186.808180.971179.619-0.7-3.8-0.7

New and used motor vehicles (3)

98.19898.06598.5920.60.40.5

New vehicles

139.507139.731141.0201.31.10.9

New cars and trucks (3) (4)

98.73498.89499.7861.21.10.9

New cars (4)

135.628135.869137.3611.01.31.1

Used cars and trucks

143.518142.725142.8920.9-0.40.1

Motor fuel

198.363174.035165.273-8.1-16.7-5.0

Gasoline (all types)

197.007172.760164.221-7.8-16.6-4.9

Gasoline, unleaded regular (4)

191.809167.221158.679-8.9-17.3-5.1

Gasoline, Unleaded midgrade (4) (5)

227.208203.700193.684-4.7-14.8-4.9

Gasoline, unleaded premium (4)

216.831196.843189.455-0.4-12.6-3.8

Medical Care

456.198456.158460.4822.70.90.9

Medical care commodities

367.345367.698372.1422.51.31.2

Medical care services

486.047485.853490.1152.70.80.9

Professional services

393.089393.920398.6902.51.41.2

Recreation (3)

116.914116.820117.035-0.70.10.2

Education and communication (3)

140.814140.809140.7590.80.00.0

Other goods and services

402.790402.754404.0011.40.30.3
 

Commodity and Service Group

 
 

All Items

224.009222.722223.3010.8-0.30.3

Commodities

176.406173.956173.702-0.5-1.5-0.1

Commodities less food & beverages

145.614142.071141.346-1.4-2.9-0.5

Nondurables less food & beverages

185.783178.468176.365-1.9-5.1-1.2

Nondurables less food, beverages, and apparel

228.948219.385216.630-2.3-5.4-1.3

Durables

105.538105.394105.740-0.70.20.3

Services

273.173273.027274.4591.60.50.5

Rent of shelter (2)

257.912257.965259.5852.50.60.6

Transportation services

296.418294.734295.2731.7-0.40.2

Other services

328.985329.098329.5651.00.20.1
 

Special aggregate indexes:

 
 

All items less medical care

213.020211.674212.0750.6-0.40.2

All items less food

221.362219.819220.3400.8-0.50.2

All items less shelter

216.470214.664214.9000.1-0.70.1

Commodities less food

148.664145.198144.511-1.3-2.8-0.5

Nondurables

212.470208.707208.046-0.5-2.1-0.3

Nondurables less food

188.806181.867179.932-1.7-4.7-1.1

Nondurables less food and apparel

228.843220.113217.696-2.0-4.9-1.1

Services less rent of shelter (2)

305.736305.354306.6640.80.30.4

Services less medical care services

257.295257.153258.3771.50.40.5

Energy

183.519172.607169.831-6.9-7.5-1.6

All items less energy

230.735230.433231.3501.40.30.4

All items less food and energy

229.815229.402230.3181.60.20.4

Commodities less food and energy commodities

145.592144.724144.964-0.1-0.40.2

Energy commodities

197.788174.361165.933-8.8-16.1-4.8

Services less energy services

285.298285.208286.5962.20.50.5

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

Regions defined as the four Census regions. Midwest includes Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.
 

Table 2. Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W): Indexes and percent changes for selected periods

Midwest (1982-84=100 unless otherwise noted)
Item and Group

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

Expenditure category

 
 

All Items

218.569217.076217.4060.6-0.50.2

All items (December 1977=100)

353.474351.060351.594   

Food and beverages

240.322240.429241.3070.50.40.4

Food

240.036240.126241.0150.50.40.4

Food at home

230.047230.145231.145-0.50.50.4

Food away from home

258.309258.382259.0322.30.30.3

Alcoholic beverages

243.231243.618244.3041.00.40.3

Housing

207.969208.019208.9641.10.50.5

Shelter

240.625240.820241.8442.40.50.4

Rent of primary residence (1)

251.213251.579252.0812.60.30.2

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

237.803238.259238.8182.30.40.2

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

237.810238.264238.8202.30.40.2

Fuels and utilities

209.033208.733210.607-3.60.80.9

Household energy

171.663171.065172.874-5.70.71.1

Energy services (1)

177.558176.948178.924-5.10.81.1

Electricity (1)

194.351194.528196.1880.30.90.9

Utility (piped) gas service (1)

138.815136.666139.096-17.50.21.8

Household furnishings and operations

113.399113.211113.211-1.1-0.20.0

Apparel

118.743114.942113.929-0.6-4.1-0.9

Transportation

189.647182.979181.247-1.0-4.4-0.9

Private transportation

186.033179.465177.641-1.0-4.5-1.0

New and used motor vehicles (3)

98.03297.77098.0990.60.10.3

New vehicles

142.788142.957144.1901.11.00.9

Used cars and trucks

144.166143.365143.5070.9-0.50.1

Motor fuel

198.865174.645165.692-8.2-16.7-5.1

Gasoline (all types)

197.425173.289164.562-7.9-16.6-5.0

Gasoline, unleaded regular (4)

192.083167.620158.866-9.0-17.3-5.2

Gasoline, unleaded midgrade (4) (5)

227.061203.598193.747-4.6-14.7-4.8

Gasoline, unleaded premium (4)

216.638196.871189.441-0.5-12.6-3.8

Medical Care

461.573461.516466.3162.81.01.0

Medical care commodities

361.112361.494366.0052.51.41.2

Medical care services

492.767492.531497.3852.80.91.0

Professional services

394.590395.464401.0872.81.61.4

Recreation (3)

113.152113.007113.315-0.70.10.3

Education and communication (3)

132.656132.688132.6710.50.00.0

Other goods and services

448.371449.210450.9722.20.60.4
 

Commodity and Service Group

 
 

All Items

218.569217.076217.4060.6-0.50.2

Commodities

178.735175.929175.493-0.6-1.8-0.2

Commodities less food & beverages

149.039144.999144.058-1.4-3.3-0.6

Nondurables less food & beverages

192.404184.028181.446-2.1-5.7-1.4

Nondurables less food, beverages, and apparel

238.147226.980223.470-2.6-6.2-1.5

Durables

107.455107.240107.546-0.60.10.3

Services

265.879265.862267.0131.50.40.4

Rent of shelter (2)

238.969239.160240.1892.50.50.4

Transportation services

296.449295.372295.5582.0-0.30.1

Other services

304.817304.910305.3290.90.20.1
 

Special aggregate indexes:

 
 

All items less medical care

209.250207.707207.8660.4-0.70.1

All items less food

214.435212.657212.8960.6-0.70.1

All items less shelter

213.082210.973211.060-0.1-0.90.0

Commodities less food

151.873147.932147.024-1.3-3.2-0.6

Nondurables

216.444212.153211.209-0.7-2.4-0.4

Nondurables less food

194.966187.052184.632-1.9-5.3-1.3

Nondurables less food and apparel

236.950226.789223.618-2.3-5.6-1.4

Services less rent of shelter (2)

270.562270.312271.4880.70.30.4

Services less medical care services

250.864250.860251.7811.40.40.4

Energy

183.637172.019168.830-6.9-8.1-1.9

All items less energy

224.630224.377225.1281.40.20.3

All items less food and energy

221.760221.434222.1601.60.20.3

Commodities less food and energy commodities

148.623147.798148.0900.1-0.40.2

Energy commodities

198.675175.132166.562-8.8-16.2-4.9

Services less energy services

277.551277.612278.6662.20.40.4

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 1984=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.
 

Regions defined as the four Census regions. Midwest includes Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.
 

 

Last Modified Date: Friday, February 19, 2016