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17-336-KAN
Wednesday, March 15, 2017

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Consumer Price Index, Midwest Region – February 2017

Prices in the Midwest up 0.2 percent in February, and 2.4 percent higher over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Midwest rose 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. The monthly advance was led by a 0.4-percent increase in the index for all items less food and energy. Food prices were 0.2 percent higher over the month and also contributed to the upward movement. Partially offsetting the increases was a 2.3-percent decline in energy costs. (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 rose 2.4 percent from February 2016 to February 2017, the largest over-the-year increase since March 2012. (See chart 1 and table A.) The energy index, which includes motor fuel and household fuels, was up 17.7 percent, but food prices decreased 0.2 percent. Excluding food and energy, the CPI-U advanced 1.7 percent over the year. (See table 1.)

Food

Food prices increased 0.2 percent in February. Higher costs for food at home and for food away from home, each up 0.2 percent, contributed to the monthly advance.

From February 2016 to February 2017, the index for food decreased 0.2 percent. Prices for food at home registered their seventeenth consecutive over-the-year decrease, down 1.8 percent. Costs for food away from home rose 2.3 percent over the year.

Energy

The energy index turned down 2.3 percent in February and had the largest downward impact on the all items index. Lower motor fuel prices, down 4.5 percent, led the decrease in the energy component. Also contributing to the decline, costs for electricity and utility (piped) gas service decreased 0.4 and 0.5 percent, respectively, over the month.

Despite the monthly decline, energy costs advanced 17.7 percent from February 2016 to February 2017. Motor fuel prices jumped 38.3 percent over the year, the largest 12-month gain since June 2011. Costs for utility (piped) gas service increased 11.8 percent and prices for electricity were up 0.5 percent over the year.

All items less food and energy

The index for all items less food and energy for the Midwest rose 0.4 percent in February. Expenditure categories registering higher prices over the month included recreation (1.6 percent), apparel (2.7 percent), and shelter (0.2 percent).

The index for all items less food and energy was up 1.7 percent from February 2016 to February 2017. Higher costs for shelter (2.6 percent) and medical care services (3.9 percent) led the advance.

The Midwest Consumer Price Index for All Urban Consumers (CPI-U) stood at 228.633 in February 2017. A typical market basket of goods and services that cost $100.00 in the 1982-84 base period cost $228.63 in February 2017.

CPI-W

In February, the Midwest Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 222.507, unchanged over the month. The CPI-W increased 2.5 percent over the year.

Table A. Midwest region 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

0.1 1.3 0.5 1.4 -0.6 -0.3 0.3 0.8 0.7 2.2

February

1.1 2.2 0.6 0.9 0.3 -0.5 0.0 0.4 0.2 2.4

March

0.2 1.4 0.9 1.5 0.6 -0.9 0.6 0.5    

April

-0.1 1.2 0.3 1.9 0.1 -1.1 0.4 0.8    

May

0.5 1.8 0.2 1.6 0.4 -0.8 0.4 0.8    

June

0.3 2.2 0.5 1.7 0.5 -0.7 0.6 0.8    

July

-0.4 1.8 -0.3 1.8 0.0 -0.5 -0.5 0.4    

August

0.1 1.2 -0.2 1.6 0.0 -0.3 0.1 0.6    

September

0.1 1.0 0.1 1.6 -0.3 -0.8 0.2 1.1    

October

-0.5 0.8 -0.5 1.6 -0.1 -0.3 -0.1 1.0    

November

-0.2 1.0 -0.6 1.2 -0.5 -0.2 -0.3 1.2    

December

-0.2 1.0 -0.7 0.7 -0.6 0.0 0.1 1.8    

The March 2017 Consumer Price Index for the Midwest region is scheduled to be released on Friday, April 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 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: (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-
Dec.
2016
Jan.
2017
Feb.
2017
Feb.
2016
Dec.
2016
Jan.
2017

Expenditure category

 
 

All Items

226.794 228.279 228.633 2.4 0.8 0.2

All items (December 1977=100)

369.006 371.422 371.998      

Food and beverages

239.494 240.077 240.532 -0.1 0.4 0.2

Food

238.923 239.464 240.000 -0.2 0.5 0.2

Food at home

224.151 225.083 225.558 -1.8 0.6 0.2

Food away from home

263.767 263.637 264.278 2.3 0.2 0.2

Alcoholic beverages

245.204 246.391 245.662 0.6 0.2 -0.3

Housing

217.867 219.369 219.711 2.4 0.8 0.2

Shelter

258.348 259.528 260.016 2.6 0.6 0.2

Rent of primary residence(1)

258.228 258.736 259.003 2.6 0.3 0.1

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

263.042 263.522 263.834 2.7 0.3 0.1

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

263.028 263.506 263.812 2.7 0.3 0.1

Fuels and utilities

214.249 218.703 218.321 4.4 1.9 -0.2

Household energy

175.144 179.422 178.854 4.4 2.1 -0.3

Energy services(1)

182.197 186.608 185.745 3.9 1.9 -0.5

Electricity(1)

196.059 198.684 197.811 0.5 0.9 -0.4

Utility (piped) gas service(1)

148.229 155.269 154.476 11.8 4.2 -0.5

Household furnishings and operations

113.109 113.896 114.268 -0.9 1.0 0.3

Apparel

113.436 113.754 116.785 -0.7 3.0 2.7

Transportation

192.164 195.395 193.850 6.4 0.9 -0.8

Private transportation

186.910 190.013 188.209 6.8 0.7 -0.9

New and used motor vehicles(3)

96.626 96.984 97.207 -1.9 0.6 0.2

New vehicles

138.938 140.162 140.337 -0.6 1.0 0.1

New cars and trucks(3)(4)

98.261 98.999 99.121 -0.8 0.9 0.1

New cars(4)

134.687 136.756 137.672 0.2 2.2 0.7

Used cars and trucks

138.152 138.051 138.424 -4.1 0.2 0.3

Motor fuel

199.912 212.034 202.461 38.3 1.3 -4.5

Gasoline (all types)

198.809 210.904 201.278 38.5 1.2 -4.6

Gasoline, unleaded regular(4)

192.964 204.966 195.197 39.6 1.2 -4.8

Gasoline, Unleaded midgrade(4)(5)

232.281 246.015 237.973 36.0 2.5 -3.3

Gasoline, unleaded premium(4)

223.666 234.328 226.251 32.0 1.2 -3.4

Medical Care

477.476 479.115 480.573 3.8 0.6 0.3

Medical care commodities

382.672 386.773 388.355 3.5 1.5 0.4

Medical care services

509.346 510.100 511.508 3.9 0.4 0.3

Professional services

412.901 413.960 415.610 4.0 0.7 0.4

Recreation(3)

117.984 118.860 120.781 2.4 2.4 1.6

Education and communication(3)

140.552 140.444 140.076 -0.2 -0.3 -0.3

Other goods and services

412.612 412.612 412.232 1.6 -0.1 -0.1
 

Commodity and Service Group

 
 

All Items

226.794 228.279 228.633 2.4 0.8 0.2

Commodities

174.645 176.159 176.119 2.0 0.8 0.0

Commodities less food & beverages

143.331 145.170 144.935 3.4 1.1 -0.2

Nondurables less food & beverages

184.435 187.971 187.154 7.9 1.5 -0.4

Nondurables less food, beverages, and apparel

230.989 236.605 233.321 11.0 1.0 -1.4

Durables

103.073 103.529 103.741 -2.1 0.6 0.2

Services

280.562 282.021 282.777 2.7 0.8 0.3

Rent of shelter(2)

265.482 266.708 267.212 2.6 0.7 0.2

Transportation services

300.775 302.297 303.383 2.6 0.9 0.4

Other services

334.126 335.288 337.388 2.0 1.0 0.6
 

Special aggregate indexes:

 
 

All items less medical care

214.926 216.404 216.705 2.3 0.8 0.1

All items less food

224.706 226.341 226.666 2.9 0.9 0.1

All items less shelter

217.663 219.271 219.580 2.4 0.9 0.1

Commodities less food

146.503 148.333 148.084 3.3 1.1 -0.2

Nondurables

211.481 213.626 213.412 3.5 0.9 -0.1

Nondurables less food

187.658 191.061 190.250 7.4 1.4 -0.4

Nondurables less food and apparel

230.886 236.083 233.040 10.0 0.9 -1.3

Services less rent of shelter(2)

313.347 315.145 316.220 2.8 0.9 0.3

Services less medical care services

263.516 265.024 265.732 2.6 0.8 0.3

Energy

186.581 194.261 189.806 17.7 1.7 -2.3

All items less energy

233.578 234.471 235.303 1.4 0.7 0.4

All items less food and energy

233.317 234.276 235.165 1.7 0.8 0.4

Commodities less food and energy commodities

143.124 143.776 144.568 -0.9 1.0 0.6

Energy commodities

199.799 211.647 202.786 37.1 1.5 -4.2

Services less energy services

293.096 294.254 295.187 2.7 0.7 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) 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-
Dec.
2016
Jan.
2017
Feb.
2017
Feb.
2016
Dec.
2016
Jan.
2017

Expenditure category

 
 

All Items

220.938 222.428 222.507 2.5 0.7 0.0

All items (December 1977=100)

357.306 359.715 359.843      

Food and beverages

239.052 239.662 240.160 -0.3 0.5 0.2

Food

238.435 239.048 239.608 -0.4 0.5 0.2

Food at home

224.477 225.479 226.040 -1.9 0.7 0.2

Food away from home

264.918 264.722 265.274 2.3 0.1 0.2

Alcoholic beverages

247.365 247.930 247.413 0.8 0.0 -0.2

Housing

213.121 214.425 214.683 2.5 0.7 0.1

Shelter

247.677 248.484 248.857 2.6 0.5 0.2

Rent of primary residence(1)

258.864 259.386 259.662 2.6 0.3 0.1

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

245.159 245.616 245.864 2.6 0.3 0.1

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

245.154 245.613 245.859 2.6 0.3 0.1

Fuels and utilities

215.230 219.798 219.524 4.5 2.0 -0.1

Household energy

175.838 180.218 179.754 4.4 2.2 -0.3

Energy services(1)

181.470 185.951 185.175 3.9 2.0 -0.4

Electricity(1)

194.292 196.983 196.274 0.6 1.0 -0.4

Utility (piped) gas service(1)

149.344 156.744 155.892 12.0 4.4 -0.5

Household furnishings and operations

111.177 111.826 112.130 -1.3 0.9 0.3

Apparel

111.581 111.766 114.376 -0.8 2.5 2.3

Transportation

188.866 192.194 190.281 7.2 0.7 -1.0

Private transportation

185.507 188.762 186.740 7.4 0.7 -1.1

New and used motor vehicles(3)

95.890 96.086 96.353 -2.5 0.5 0.3

New vehicles

141.986 143.211 143.513 -0.7 1.1 0.2

Used cars and trucks

138.710 138.600 138.957 -4.2 0.2 0.3

Motor fuel

200.289 212.443 202.924 38.6 1.3 -4.5

Gasoline (all types)

199.100 211.212 201.654 38.8 1.3 -4.5

Gasoline, unleaded regular(4)

193.094 205.094 195.433 39.9 1.2 -4.7

Gasoline, unleaded midgrade(4)(5)

232.155 245.895 237.786 36.2 2.4 -3.3

Gasoline, unleaded premium(4)

223.429 234.083 225.941 32.0 1.1 -3.5

Medical Care

482.922 484.842 486.218 3.8 0.7 0.3

Medical care commodities

374.113 378.327 380.004 3.0 1.6 0.4

Medical care services

516.854 517.937 519.192 4.0 0.5 0.2

Professional services

415.482 416.489 418.363 4.0 0.7 0.4

Recreation(3)

113.785 114.699 116.270 1.8 2.2 1.4

Education and communication(3)

132.022 132.040 131.596 -0.5 -0.3 -0.3

Other goods and services

460.687 460.918 459.798 1.7 -0.2 -0.2
 

Commodity and Service Group

 
 

All Items

220.938 222.428 222.507 2.5 0.7 0.0

Commodities

176.770 178.454 178.109 2.4 0.8 -0.2

Commodities less food & beverages

146.688 148.741 148.075 4.2 0.9 -0.4

Nondurables less food & beverages

191.593 195.810 194.004 9.9 1.3 -0.9

Nondurables less food, beverages, and apparel

240.701 247.231 242.974 13.1 0.9 -1.7

Durables

104.580 104.938 105.138 -2.6 0.5 0.2

Services

273.020 274.339 274.870 2.7 0.7 0.2

Rent of shelter(2)

246.088 246.898 247.271 2.6 0.5 0.2

Transportation services

303.158 304.157 304.810 2.7 0.5 0.2

Other services

308.316 309.487 310.890 1.5 0.8 0.5
 

Special aggregate indexes:

 
 

All items less medical care

210.897 212.369 212.399 2.4 0.7 0.0

All items less food

217.398 219.023 219.025 3.1 0.7 0.0

All items less shelter

213.810 215.559 215.535 2.5 0.8 0.0

Commodities less food

149.676 151.706 151.040 4.0 0.9 -0.4

Nondurables

215.492 218.012 217.296 4.3 0.8 -0.3

Nondurables less food

194.430 198.467 196.724 9.3 1.2 -0.9

Nondurables less food and apparel

239.670 245.708 241.761 12.0 0.9 -1.6

Services less rent of shelter(2)

277.067 278.810 279.462 2.7 0.9 0.2

Services less medical care services

256.947 258.273 258.758 2.5 0.7 0.2

Energy

186.445 194.410 189.751 18.9 1.8 -2.4

All items less energy

227.018 227.750 228.394 1.2 0.6 0.3

All items less food and energy

224.878 225.632 226.292 1.5 0.6 0.3

Commodities less food and energy commodities

145.844 146.357 146.977 -1.2 0.8 0.4

Energy commodities

200.280 212.152 203.338 37.2 1.5 -4.2

Services less energy services

285.116 286.055 286.747 2.6 0.6 0.2

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: Wednesday, March 15, 2017