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17-1290-KAN
Thursday, September 14, 2017

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Consumer Price Index, Midwest Region – August 2017

Prices in the Midwest up 0.3 percent in August and 1.5 percent higher over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Midwest was up 0.3 percent in August after recording no change for three consecutive months, the U.S. Bureau of Labor Statistics reported today. Higher costs for gasoline, food, and apparel had the largest upward impact on the index, while lower prices for new and used motor vehicles and airline fares had the largest offsetting downward movements. The all items less food and energy index was virtually unchanged, up a slight 0.1 percent, in August. Energy costs increased 1.9 percent and food prices rose 0.5 percent. (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 1.5 percent from August 2016 to August 2017. (See chart 1 and table A.) The energy index, which includes motor fuel and household fuels, rose 5.2 percent and food prices increased 0.7 percent. Excluding food and energy, the CPI-U advanced 1.3 percent over the year. (See table 1.)

Food

Food prices in the Midwest rose 0.5 percent in August after recording no change in July. Higher costs for food away from home led the increase with a gain of 0.8 percent, the largest one-month advance since February 2014. Prices for food at home were up 0.3 percent over the month.

From August 2016 to August 2017, the index for food was 0.7 percent higher, mostly attributable to an increase of 1.5 percent in costs for food away from home. Prices for food at home were little changed, up 0.1 percent over the year.

Energy

The energy index advanced 1.9 percent in August following a decline of 0.5 percent in July. A 4.4-percent increase in gasoline prices was largely responsible for the rise. Electricity costs were little changed over the month, up a slight 0.1 percent. Moderating the overall increase, utility (piped) gas service costs declined 0.7 percent in August.

Energy costs were 5.2 percent higher from August 2016 to August 2017 due to increases among all three major subcategories: gasoline (7.3 percent), utility (piped) gas service (5.2 percent), and electricity (2.6 percent).

All items less food and energy

The index for all items less food and energy for the Midwest was nearly unchanged, up 0.1 percent, in August following little movement in June (-0.1 percent) and July (0.1 percent). Increases in the indexes for apparel (1.6 percent) and owners’ equivalent rent of residences (0.2 percent) had the largest upward impact on the August index. Costs for new and used motor vehicles, airline fares, and lodging away from home were down over the month.

The index for all items less food and energy was up 1.3 percent from August 2016 to August 2017. Higher costs for shelter (2.5 percent), recreation (3.6 percent) and medical care (2.0 percent) led the increase. Among the indexes that registered offsetting movements were education and communication (-2.9 percent) and new and used motor vehicles (-2.4 percent).

The Midwest Consumer Price Index for All Urban Consumers (CPI-U) stood at 230.443 in August 2017. A typical market basket of goods and services that cost $100.00 in the 1982-84 base period cost $230.44 in August 2017.

CPI-W

In August, the Midwest Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 224.366. The CPI-W increased 0.3 percent in August and 1.3 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 0.1 1.9

April

-0.1 1.2 0.3 1.9 0.1 -1.1 0.4 0.8 0.4 1.8

May

0.5 1.8 0.2 1.6 0.4 -0.8 0.4 0.8 0.0 1.4

June

0.3 2.2 0.5 1.7 0.5 -0.7 0.6 0.8 0.0 0.9

July

-0.4 1.8 -0.3 1.8 0.0 -0.5 -0.5 0.4 0.0 1.3

August

0.1 1.2 -0.2 1.6 0.0 -0.3 0.1 0.6 0.3 1.5

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 September 2017 Consumer Price Index for the Midwest region is scheduled to be released on Friday, October 13, 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-
Jun.
2017
Jul.
2017
Aug.
2017
Aug.
2016
Jun.
2017
Jul.
2017

Expenditure category

 
 

All Items

229.780 229.820 230.443 1.5 0.3 0.3

All items (December 1977=100)

373.866 373.930 374.943      

Food and beverages

240.701 240.794 241.870 0.7 0.5 0.4

Food

240.139 240.237 241.352 0.7 0.5 0.5

Food at home

226.024 225.959 226.561 0.1 0.2 0.3

Food away from home

263.857 264.233 266.222 1.5 0.9 0.8

Alcoholic beverages

246.259 246.288 246.791 1.1 0.2 0.2

Housing

223.325 222.809 222.978 2.3 -0.2 0.1

Shelter

263.258 262.779 263.051 2.5 -0.1 0.1

Rent of primary residence(1)

261.592 262.237 262.826 2.8 0.5 0.2

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

266.170 266.601 267.110 2.5 0.4 0.2

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

266.136 266.561 267.071 2.5 0.4 0.2

Fuels and utilities

230.574 230.362 230.385 3.5 -0.1 0.0

Household energy

190.907 190.630 190.462 3.5 -0.2 -0.1

Energy services(1)

199.401 199.320 198.993 3.3 -0.2 -0.2

Electricity(1)

219.647 220.116 220.293 2.6 0.3 0.1

Utility (piped) gas service(1)

153.965 152.995 151.868 5.2 -1.4 -0.7

Household furnishings and operations

113.930 113.055 113.015 -1.1 -0.8 0.0

Apparel

115.627 115.604 117.480 1.3 1.6 1.6

Transportation

195.076 193.971 194.846 1.1 -0.1 0.5

Private transportation

189.157 188.556 189.987 1.4 0.4 0.8

New and used motor vehicles(3)

96.986 96.767 96.146 -2.4 -0.9 -0.6

New vehicles

138.148 137.862 137.058 -1.0 -0.8 -0.6

New cars and trucks(3)(4)

97.598 97.375 96.799 -1.0 -0.8 -0.6

New cars(4)

134.571 134.005 133.125 -0.8 -1.1 -0.7

Used cars and trucks

140.044 139.402 139.009 -4.6 -0.7 -0.3

Motor fuel

206.410 204.436 213.316 7.3 3.3 4.3

Gasoline (all types)

205.304 203.342 212.206 7.3 3.4 4.4

Gasoline, unleaded regular(4)

199.448 197.415 206.236 7.3 3.4 4.5

Gasoline, Unleaded midgrade(4)(5)

238.057 237.253 248.507 7.6 4.4 4.7

Gasoline, unleaded premium(4)

229.497 228.369 235.659 6.7 2.7 3.2

Medical Care

478.231 482.591 483.167 2.0 1.0 0.1

Medical care commodities

389.037 401.125 401.076 4.2 3.1 0.0

Medical care services

508.096 509.682 510.477 1.4 0.5 0.2

Professional services

414.938 415.702 415.458 1.8 0.1 -0.1

Recreation(3)

121.091 122.812 123.120 3.6 1.7 0.3

Education and communication(3)

136.183 136.245 136.534 -2.9 0.3 0.2

Other goods and services

413.821 415.468 416.243 1.8 0.6 0.2
 

Commodity and Service Group

 
 

All Items

229.780 229.820 230.443 1.5 0.3 0.3

Commodities

175.889 175.796 176.856 0.6 0.5 0.6

Commodities less food & beverages

144.551 144.388 145.408 0.5 0.6 0.7

Nondurables less food & beverages

187.076 187.425 190.235 2.6 1.7 1.5

Nondurables less food, beverages, and apparel

233.934 234.523 237.948 3.0 1.7 1.5

Durables

103.157 102.624 102.247 -2.3 -0.9 -0.4

Services

285.334 285.509 285.686 2.0 0.1 0.1

Rent of shelter(2)

270.545 270.044 270.338 2.5 -0.1 0.1

Transportation services

307.070 305.039 302.705 1.7 -1.4 -0.8

Other services

333.611 336.111 337.278 0.9 1.1 0.3
 

Special aggregate indexes:

 
 

All items less medical care

218.019 217.854 218.478 1.4 0.2 0.3

All items less food

227.974 228.004 228.548 1.6 0.3 0.2

All items less shelter

219.993 220.218 220.971 1.0 0.4 0.3

Commodities less food

147.724 147.565 148.576 0.5 0.6 0.7

Nondurables

213.451 213.679 215.676 1.6 1.0 0.9

Nondurables less food

190.209 190.540 193.221 2.5 1.6 1.4

Nondurables less food and apparel

233.649 234.185 237.336 2.9 1.6 1.3

Services less rent of shelter(2)

318.083 319.003 319.064 1.6 0.3 0.0

Services less medical care services

268.720 268.792 268.924 2.1 0.1 0.0

Energy

198.416 197.405 201.139 5.2 1.4 1.9

All items less energy

235.729 235.873 236.196 1.2 0.2 0.1

All items less food and energy

235.645 235.798 235.978 1.3 0.1 0.1

Commodities less food and energy commodities

143.785 143.863 143.966 -0.6 0.1 0.1

Energy commodities

205.849 203.703 212.363 7.3 3.2 4.3

Services less energy services

296.590 296.793 297.025 2.0 0.1 0.1

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-
Jun.
2017
Jul.
2017
Aug.
2017
Aug.
2016
Jun.
2017
Jul.
2017

Expenditure category

 
 

All Items

223.625 223.626 224.366 1.3 0.3 0.3

All items (December 1977=100)

361.651 361.653 362.849      

Food and beverages

240.324 240.513 241.636 0.7 0.5 0.5

Food

239.755 239.935 241.079 0.6 0.6 0.5

Food at home

226.382 226.444 227.172 0.1 0.3 0.3

Food away from home

265.018 265.439 267.430 1.5 0.9 0.8

Alcoholic beverages

247.837 248.192 248.947 1.4 0.4 0.3

Housing

218.158 217.881 218.139 2.3 0.0 0.1

Shelter

251.552 251.497 251.896 2.5 0.1 0.2

Rent of primary residence(1)

262.225 262.895 263.497 2.8 0.5 0.2

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

247.956 248.337 248.822 2.4 0.3 0.2

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

247.946 248.326 248.813 2.4 0.3 0.2

Fuels and utilities

231.734 231.512 231.522 3.5 -0.1 0.0

Household energy

191.653 191.364 191.207 3.5 -0.2 -0.1

Energy services(1)

198.700 198.680 198.372 3.3 -0.2 -0.2

Electricity(1)

217.404 217.862 218.128 2.7 0.3 0.1

Utility (piped) gas service(1)

155.296 154.433 153.131 5.0 -1.4 -0.8

Household furnishings and operations

111.753 110.536 110.500 -1.4 -1.1 0.0

Apparel

114.369 114.080 115.460 1.9 1.0 1.2

Transportation

191.559 190.617 192.159 1.1 0.3 0.8

Private transportation

187.924 187.225 188.974 1.2 0.6 0.9

New and used motor vehicles(3)

96.543 96.251 95.753 -2.9 -0.8 -0.5

New vehicles

141.350 140.861 140.273 -0.8 -0.8 -0.4

Used cars and trucks

140.551 139.916 139.530 -4.6 -0.7 -0.3

Motor fuel

206.544 204.709 213.650 7.3 3.4 4.4

Gasoline (all types)

205.342 203.524 212.444 7.3 3.5 4.4

Gasoline, unleaded regular(4)

199.310 197.433 206.300 7.3 3.5 4.5

Gasoline, unleaded midgrade(4)(5)

237.732 237.051 248.312 7.6 4.5 4.8

Gasoline, unleaded premium(4)

228.978 227.986 235.266 6.7 2.7 3.2

Medical Care

483.419 488.132 488.861 1.9 1.1 0.1

Medical care commodities

380.131 392.829 393.256 4.0 3.5 0.1

Medical care services

515.377 517.196 518.024 1.4 0.5 0.2

Professional services

417.051 417.962 417.607 1.8 0.1 -0.1

Recreation(3)

117.155 117.935 118.213 2.9 0.9 0.2

Education and communication(3)

126.698 126.707 126.865 -4.1 0.1 0.1

Other goods and services

463.219 464.842 464.652 1.9 0.3 0.0
 

Commodity and Service Group

 
 

All Items

223.625 223.626 224.366 1.3 0.3 0.3

Commodities

178.263 178.061 179.236 0.6 0.5 0.7

Commodities less food & beverages

148.221 147.871 149.030 0.5 0.5 0.8

Nondurables less food & beverages

194.696 194.725 197.823 3.0 1.6 1.6

Nondurables less food, beverages, and apparel

244.066 244.269 248.392 3.3 1.8 1.7

Durables

104.881 104.280 103.964 -2.7 -0.9 -0.3

Services

277.036 277.252 277.548 1.9 0.2 0.1

Rent of shelter(2)

249.936 249.880 250.294 2.5 0.1 0.2

Transportation services

307.506 306.487 305.142 2.0 -0.8 -0.4

Other services

306.304 307.372 308.224 -0.3 0.6 0.3
 

Special aggregate indexes:

 
 

All items less medical care

213.667 213.487 214.228 1.3 0.3 0.3

All items less food

220.295 220.267 220.940 1.5 0.3 0.3

All items less shelter

216.102 216.124 216.993 0.9 0.4 0.4

Commodities less food

151.193 150.857 152.013 0.6 0.5 0.8

Nondurables

217.739 217.846 220.019 1.8 1.0 1.0

Nondurables less food

197.403 197.449 200.431 2.9 1.5 1.5

Nondurables less food and apparel

242.795 243.009 246.851 3.2 1.7 1.6

Services less rent of shelter(2)

280.898 281.387 281.529 1.2 0.2 0.1

Services less medical care services

261.274 261.392 261.654 1.9 0.1 0.1

Energy

197.763 196.758 200.819 5.3 1.5 2.1

All items less energy

228.702 228.823 229.174 0.9 0.2 0.2

All items less food and energy

226.630 226.739 226.943 1.0 0.1 0.1

Commodities less food and energy commodities

146.709 146.638 146.622 -0.9 -0.1 0.0

Energy commodities

206.141 204.091 212.770 7.2 3.2 4.3

Services less energy services

287.540 287.786 288.156 1.7 0.2 0.1

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: Thursday, September 14, 2017