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News Release Information

22-1635-KAN
Wednesday, August 10, 2022

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

Consumer Price Index, Midwest Region – July 2022

Area prices declined 0.2 percent over the past month, up 8.6 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the Midwest declined 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. (See table A.) Energy costs were down 5.7 percent in July due to declines in the indexes for gasoline and natural gas service. The food index was up 1.2 percent in July and the index for all items less food and energy advanced 0.3 percent. Within the all items less food and energy category, prices for shelter and medical care increased and costs for public transportation and apparel were lower. (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 increased 8.6 percent. (See chart 1 and table A.) The index for all items less food and energy rose 5.4 percent over the year. Energy prices advanced 34.1 percent, largely the result of an increase in the price of gasoline. Food prices were up 12.4 percent compared to their July 2021 levels. (See table 1.)

Food

Food prices increased 1.2 percent for the month of July. (See table 1.) Prices for food at home rose 1.5 percent as all six major grocery store food group indexes were higher over the month. Categories increasing included nonalcoholic beverages and beverage materials, 2.6 percent; and cereals and bakery products, 2.2 percent. Prices for food away from home rose 0.8 percent for the same period.

Over the year, food prices increased 12.4 percent. Prices for food at home were up 15.0 percent compared to a year ago. All six major grocery store food group indexes were higher over the year. Indexes posting annual increases included other food at home (includes sugar, sweets, fats, and oils, for example), 18.4 percent; and meats, poultry, fish, and eggs, 11.5 percent. Prices for food away from home rose 8.3 percent.

Energy

The energy index declined 5.7 percent over the month. The decrease was mainly due to lower prices for gasoline (-8.8 percent). Prices for electricity rose 1.5 percent, while prices for natural gas service decreased 6.4 percent for the same period.

Energy prices advanced 34.1 percent over the year, largely due to higher prices for gasoline (+46.8 percent). Prices paid for natural gas service rose 37.9 percent, and prices for electricity rose 11.2 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.3 percent in July. Higher prices for owners’ equivalent rent of residences (+0.5 percent), new and used motor vehicles (+0.8 percent) and medical care (+0.7 percent) were partially offset by lower prices for public transportation and apparel (-1.1 percent).

Over the year, the index for all items less food and energy rose 5.4 percent. Components contributing to the increase included shelter (+5.0 percent), new and used motor vehicles (+8.4 percent), and household furnishings and operations (+10.8 percent).

Table A. Midwest region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2018 2019 2020 2021 2022
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.6 1.6 0.2 0.8 0.4 2.5 0.5 1.2 0.8 7.9

February

0.2 1.7 0.7 1.3 0.3 2.1 0.8 1.7 0.9 8.0

March

0.2 1.8 0.6 1.7 -0.5 1.0 0.7 3.0 1.3 8.6

April

0.4 1.8 0.3 1.5 -1.1 -0.4 0.8 4.9 0.5 8.2

May

0.5 2.3 0.3 1.3 0.3 -0.4 1.0 5.6 1.5 8.8

June

0.2 2.5 0.0 1.2 0.8 0.4 1.0 5.8 1.6 9.5

July

0.0 2.4 0.2 1.5 0.5 0.7 0.6 5.9 -0.2 8.6

August

0.0 2.1 0.0 1.5 0.4 1.1 0.2 5.7

September

0.1 1.9 0.0 1.4 0.2 1.3 0.2 5.7

October

0.1 2.2 0.2 1.5 -0.1 1.0 0.8 6.6

November

-0.6 1.4 -0.2 1.9 -0.2 1.0 0.4 7.3

December

-0.4 1.3 0.0 2.3 0.1 1.1 0.3 7.5

The August 2022 Consumer Price Index for the Midwest Region is scheduled to be released on Tuesday, September 13, 2022.


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 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 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 individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods, Midwest Region, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure category Indexes Percent change from
May
2022
Jun.
2022
Jul.
2022
Jul.
2021
May
2022
Jun.
2022

All items

272.673 277.072 276.525 8.6 1.4 -0.2

All items (December 1977 = 100)

443.653 450.812 449.921      

Food and beverages

290.312 292.558 296.041 11.9 2.0 1.2

Food

291.562 293.901 297.499 12.4 2.0 1.2

Food at home

271.278 274.159 278.158 15.0 2.5 1.5

Cereals and bakery products

304.482 308.039 314.944 15.9 3.4 2.2

Meats, poultry, fish, and eggs

310.507 308.116 310.898 11.5 0.1 0.9

Dairy and related products

238.026 241.361 245.646 17.3 3.2 1.8

Fruits and vegetables

312.710 312.199 313.493 11.4 0.3 0.4

Nonalcoholic beverages and beverage materials

193.467 195.213 200.249 16.0 3.5 2.6

Other food at home

232.401 239.660 243.428 18.4 4.7 1.6

Food away from home

323.169 324.360 327.058 8.3 1.2 0.8

Alcoholic beverages

272.542 273.551 275.490 4.2 1.1 0.7

Housing

262.201 266.307 266.822 7.3 1.8 0.2

Shelter

307.740 309.877 311.079 5.0 1.1 0.4

Rent of primary residence(1)

308.779 310.746 312.689 5.4 1.3 0.6

Owners' equivalent rent of residences(1)(2)

313.386 315.222 316.791 5.0 1.1 0.5

Owners' equivalent rent of primary residence(1)(2)

313.293 315.131 316.699 5.0 1.1 0.5

Fuels and utilities

272.993 293.507 289.275 17.2 6.0 -1.4

Household energy

227.379 248.783 244.083 21.1 7.3 -1.9

Energy services(1)

233.469 256.588 251.751 20.5 7.8 -1.9

Electricity(1)

217.404 237.792 241.401 11.2 11.0 1.5

Utility (piped) gas service(1)

242.597 268.320 251.209 37.9 3.5 -6.4

Household furnishings and operations

135.434 136.114 137.297 10.8 1.4 0.9

Apparel

116.845 116.685 115.409 5.7 -1.2 -1.1

Transportation

266.058 277.141 270.412 15.8 1.6 -2.4

Private transportation

261.914 273.479 267.631 15.5 2.2 -2.1

New and used motor vehicles(3)

126.262 127.778 128.766 8.4 2.0 0.8

New vehicles

163.564 164.394 165.725 10.2 1.3 0.8

New cars and trucks(3)(4)

           

New cars(4)

161.183 161.258 163.089 11.0 1.2 1.1

Used cars and trucks

207.154 211.477 212.675 6.0 2.7 0.6

Motor fuel

390.374 447.700 409.085 47.3 4.8 -8.6

Gasoline (all types)

387.676 445.094 406.130 46.8 4.8 -8.8

Gasoline, unleaded regular(4)

379.752 436.422 397.288 47.1 4.6 -9.0

Gasoline, unleaded midgrade(4)(5)

435.648 498.608 462.924 45.6 6.3 -7.2

Gasoline, unleaded premium(4)

397.010 450.552 421.979 42.6 6.3 -6.3

Medical care

537.633 541.025 545.007 4.4 1.4 0.7

Medical care commodities

377.208 380.739 381.304 2.7 1.1 0.1

Medical care services

590.852 594.202 599.311 4.7 1.4 0.9

Professional services

443.290 444.456 449.108 2.8 1.3 1.0

Recreation(3)

132.741 132.227 132.843 4.7 0.1 0.5

Education and communication(3)

141.049 140.999 140.545 -0.9 -0.4 -0.3

Tuition, other school fees, and child care(6)

1,233.091 1,233.211 1,238.186 0.8 0.4 0.4

Other goods and services

485.161 486.965 489.613 7.4 0.9 0.5

Commodity and service group

Commodities

216.136 221.205 219.872 12.3 1.7 -0.6

Commodities less food and beverages

179.405 185.098 182.274 12.6 1.6 -1.5

Nondurables less food and beverages

237.165 250.591 241.915 19.2 2.0 -3.5

Durables

125.842 126.858 127.372 7.1 1.2 0.4

Services

330.014 333.572 333.914 6.0 1.2 0.1

Special aggregate indexes

All items less shelter

262.533 267.742 266.589 10.1 1.5 -0.4

All items less medical care

260.223 264.690 263.911 9.0 1.4 -0.3

Commodities less food

182.515 188.136 185.403 12.3 1.6 -1.5

Nondurables

263.599 271.829 268.839 15.3 2.0 -1.1

Nondurables less food

238.785 251.466 243.422 18.1 1.9 -3.2

Services less rent of shelter(2)

363.634 368.754 368.116 6.8 1.2 -0.2

Services less medical care services

310.623 314.223 314.172 6.2 1.1 0.0

Energy

298.959 335.836 316.691 34.1 5.9 -5.7

All items less energy

274.001 275.505 276.643 6.5 1.0 0.4

All items less food and energy

271.794 273.165 273.901 5.4 0.8 0.3

(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Indexes 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.
(6) Indexes on a December 1977=100 base.

Note: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Wednesday, August 10, 2022