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

21-1481-KAN
Wednesday, August 11, 2021

Contacts

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

Consumer Price Index, Denver-Aurora-Lakewood area – July 2021

Area prices rise 1.8 percent in June and July, up 3.5 percent from a year ago

Prices in the Denver-Aurora-Lakewood area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 1.8 percent for the two months ending in July 2021, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Michael Hirniak noted that the July increase was primarily influenced by higher prices for all items less food and energy, but increases for the energy and food indexes also contributed. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U rose 3.5 percent. (See chart 1.) The index for all items less food and energy increased 2.4 percent over the year. Energy prices jumped 24.3 percent, while food prices increased 2.6 percent. (See table 1.)

Food

Food prices rose 1.2 percent for the two months ending in July. Prices for food at home increased 1.3 percent, while prices for food away from home increased 1.1 percent for the same period.

Over the year, food prices increased 2.6 percent. Prices for food away from home increased 4.0 percent and prices for food at home increased 1.5 percent since a year ago.

Energy

The energy index rose 9.7 percent for the two months ending in July. The increase was mainly due to higher prices for gasoline (14.8 percent). Prices for electricity decreased 0.4 percent for the same period.

Energy prices jumped 24.3 percent over the year, largely due to higher prices for gasoline (37.4 percent). Prices paid for electricity advanced 2.2 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 1.4 percent in the latest two-month period. Higher prices for shelter (1.9 percent), used cars and trucks (12.2), and recreation (3.6 percent) were partially offset by lower prices for household furnishings and operations (-2.5 percent), apparel (-3.3 percent), and education and communication (-0.8 percent).

Over the year, the index for all items less food and energy rose 2.4 percent. Components contributing to the increase included owners’ equivalent rent of residences (3.2 percent), used cars and trucks (41.7 percent), and apparel (15.0 percent). Partly offsetting the increases were price decreases in education and communication (-1.5 percent), new vehicles (-1.2 percent), and motor vehicle insurance (-2.8 percent).

The September 2021 Consumer Price Index for the Denver-Aurora-Lakewood area is scheduled to be released on Wednesday, October 13, 2021.

Coronavirus (COVID-19) Pandemic Impact on July 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 July 2021 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) measures 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 Denver-Aurora-Lakewood metropolitan area is comprised of Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park counties in Colorado.

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,
Denver-Aurora-Lakewood, CO (1982-84=100 unless otherwise noted)
Item and Group Indexes Percent change from -
May
2021
Jun.
2021
Jul.
2021
Jul.
2020
May
2021
Jun.
2021

All items

280.154 - 285.268 3.5 1.8 -

All items (1967 = 100)

934.198 - 951.251      

Food and beverages

253.507 - 256.399 2.6 1.1 -

Food

258.555 - 261.578 2.6 1.2 -

Food at home

238.262 240.289 241.252 1.5 1.3 0.4

Cereals and bakery products

286.091 - 283.445 2.5 -0.9 -

Meats, poultry, fish, and eggs

235.080 - 247.951 1.7 5.5 -

Dairy and related products

207.665 - 206.004 -0.1 -0.8 -

Fruits and vegetables

281.880 - 283.694 2.5 0.6 -

Nonalcoholic beverages and beverage materials(1)

162.332 - 164.693 -2.8 1.5 -

Other food at home

214.910 - 213.034 2.9 -0.9 -

Food away from home

285.818 - 288.845 4.0 1.1 -

Alcoholic beverages

209.124 - 210.781 3.3 0.8 -

Housing

279.172 - 282.988 0.5 1.4 -

Shelter

321.700 324.703 327.813 -0.1 1.9 1.0

Rent of primary residence

333.535 334.279 336.496 1.0 0.9 0.7

Owners' equivalent rent of residences(2)

317.228 320.351 323.027 3.2 1.8 0.8

Owners' equivalent rent of primary residence(2)

317.228 320.351 323.027 3.2 1.8 0.8

Fuels and utilities

239.678 - 243.489 3.9 1.6 -

Household energy

156.188 156.410 159.441 6.5 2.1 1.9

Energy services

154.542 154.747 157.776 6.4 2.1 2.0

Electricity

161.941 162.103 161.226 2.2 -0.4 -0.5

Utility (piped) gas service

- - - - - -

Household furnishings and operations

132.115 - 128.834 2.8 -2.5 -

Apparel

111.847 - 108.201 15.0 -3.3 -

Transportation

281.928 - 299.144 15.6 6.1 -

Private transportation

278.350 - 299.243 14.9 7.5 -

New and used motor vehicles(3)

- - 123.732 13.5 - -

New vehicles(1)

- - 223.464 -1.2 - -

Used cars and trucks(1)

346.846 - 389.261 41.7 12.2 -

Motor fuel

257.352 273.888 295.084 37.7 14.7 7.7

Gasoline (all types)

255.725 272.262 293.590 37.4 14.8 7.8

Gasoline, unleaded regular(4)

247.991 264.805 286.176 38.7 15.4 8.1

Gasoline, unleaded midgrade(4)(5)

251.901 266.868 286.691 33.3 13.8 7.4

Gasoline, unleaded premium(4)

280.548 295.464 316.037 31.9 12.6 7.0

Motor vehicle insurance(1)

3,145.929 - 3,105.349 -2.8 -1.3 -

Medical care

637.353 - 636.469 0.8 -0.1 -

Recreation(3)

161.872 - 167.771 4.0 3.6 -

Education and communication(3)

126.838 - 125.791 -1.5 -0.8 -

Tuition, other school fees, and childcare(1)

1,116.080 - 1,099.264 0.6 -1.5 -

Other goods and services

387.899 - 398.314 3.5 2.7 -

Commodity and service group

Commodities

185.011 - 191.122 7.5 3.3 -

Commodities less food and beverages

150.505 - 157.428 10.6 4.6 -

Nondurables less food and beverages

183.531 - 190.338 12.8 3.7 -

Durables

117.262 - 123.803 8.2 5.6 -

Services

364.184 - 367.904 1.4 1.0 -

Special aggregate indexes

All items less shelter

260.196 - 264.838 5.6 1.8 -

All items less medical care

263.865 - 269.165 3.8 2.0 -

Commodities less food

152.883 - 159.663 10.2 4.4 -

Nondurables

218.836 - 223.953 7.2 2.3 -

Nondurables less food

185.191 - 191.631 12.0 3.5 -

Services less rent of shelter(2)

421.160 - 420.934 3.3 -0.1 -

Services less medical care services

340.025 - 343.897 1.4 1.1 -

Energy

202.209 210.180 221.805 24.3 9.7 5.5

All items less energy

288.815 - 292.797 2.5 1.4 -

All items less food and energy

295.200 - 299.362 2.4 1.4 -

(1) Indexes on a January 1978=100 base.
(2) Indexes on a November 1982=100 base.
(3) Indexes on a December 1997=100 base.
(4) Special index based on a substantially smaller sample.
(5) Index on a December 1993=100 base.

- Data not available.

 

Last Modified Date: Wednesday, August 11, 2021