News Release Information

17-1515-KAN
Wednesday, November 15, 2017

Contacts

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

Consumer Price Index, Midwest Region – October 2017

Prices in the Midwest down 0.2 percent in October and 1.5 percent higher over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Midwest decreased 0.2 percent in October, following an increase of 0.3 percent in the prior month, the U.S. Bureau of Labor Statistics reported today. Lower costs for electricity (-8.5 percent) and gasoline (-2.9 percent) led the decline.  Overall, energy prices were down 4.3 percent over the month.  Food prices advanced 0.3 percent in October and the index for all items less food and energy rose 0.2 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 October 2016 to October 2017.  (See chart 1 and table A.) The energy index, which includes motor fuel and household fuels, rose 5.0 percent and food prices increased 1.0 percent. Excluding food and energy, the CPI-U advanced 1.2 percent over the year.  (See table 1.)

 

Food

Food prices in the Midwest rose 0.3 percent in October, following gains of 0.2 and 0.5 percent in September and August, respectively. Costs for food away from home were up 0.4 percent and prices for food at home rose 0.3 percent over the month.

From October 2016 to October 2017, the index for food was 1.0 percent higher led by an increase of 1.7 percent in costs for food away from home. Prices for food at home were up 0.5 percent over the year.

Energy

The energy index declined 4.3 percent in October attributable to lower prices for electricity and gasoline. Prices for electricity were down 8.5 percent influenced by seasonal rate schedules. Gasoline costs were 2.9 percent lower in October after rising 5.6 percent in the prior month. Costs for utility (piped) gas service (0.1 percent) were virtually unchanged over the month.

Energy costs rose 5.0 percent from October 2016 to October 2017 led by a 9.1-percent increase in gasoline prices.  Higher costs for utility (piped) gas service (2.4 percent) also contributed to the increase, while electricity prices (0.3 percent) changed little over the year.

All items less food and energy

The index for all items less food and energy for the Midwest was up 0.2 percent in October after recording little change (0.1 percent) in each of the prior three months. Increases in the indexes for apparel (1.5 percent) and shelter (0.1 percent) had the largest upward impact on the October index. Costs for new and used motor vehicles (-0.7 percent) and medical care commodities (-0.5 percent) were among those that were down over the month.

The index for all items less food and energy was up 1.2 percent from October 2016 to October 2017. Higher costs for shelter (2.5 percent) led the increase. Among the indexes that registered offsetting movements were new and used motor vehicles (-2.6 percent) and education and communication (-2.3 percent).

The Midwest Consumer Price Index for All Urban Consumers (CPI-U) stood at 230.660 in October 2017. A typical market basket of goods and services that cost $100.00 in the 1982-84 base period cost $230.66 in October 2017..

CPI-W

In October, the Midwest Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 224.515. The CPI-W decreased 0.2 percent in October and rose 1.4 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 0.3 1.5

October

-0.5 0.8 -0.5 1.6 -0.1 -0.3 -0.1 1.0 -0.2 1.5

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 November 2017 Consumer Price Index for the Midwest region is scheduled to be released on Wednesday, December 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-
Aug.
2017
Sep.
2017
Oct.
2017
Oct.
2016
Aug.
2017
Sep.
2017

Expenditure category

 
 

All Items

230.443 231.030 230.660 1.5 0.1 -0.2

All items (December 1977=100)

374.943 375.898 375.297      

Food and beverages

241.870 242.352 243.137 1.0 0.5 0.3

Food

241.352 241.808 242.612 1.0 0.5 0.3

Food at home

226.561 226.883 227.606 0.5 0.5 0.3

Food away from home

266.222 266.908 267.849 1.7 0.6 0.4

Alcoholic beverages

246.791 247.648 248.135 1.3 0.5 0.2

Housing

222.978 223.455 222.389 2.1 -0.3 -0.5

Shelter

263.051 264.066 264.438 2.5 0.5 0.1

Rent of primary residence(1)

262.826 263.669 264.525 3.0 0.6 0.3

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

267.110 268.022 268.747 2.7 0.6 0.3

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

267.071 267.979 268.703 2.7 0.6 0.3

Fuels and utilities

230.385 228.954 218.676 1.9 -5.1 -4.5

Household energy

190.462 188.891 178.315 1.5 -6.4 -5.6

Energy services(1)

198.993 196.870 185.151 1.1 -7.0 -6.0

Electricity(1)

220.293 217.584 198.999 0.3 -9.7 -8.5

Utility (piped) gas service(1)

151.868 150.832 151.019 2.7 -0.6 0.1

Household furnishings and operations

113.015 113.046 113.181 -0.9 0.1 0.1

Apparel

117.480 120.438 122.206 1.1 4.0 1.5

Transportation

194.846 196.614 195.305 1.7 0.2 -0.7

Private transportation

189.987 191.783 190.238 1.9 0.1 -0.8

New and used motor vehicles(3)

96.146 95.273 94.597 -2.6 -1.6 -0.7

New vehicles

137.058 136.283 135.425 -2.3 -1.2 -0.6

New cars and trucks(3)(4)

96.799 96.266 95.671 -2.4 -1.2 -0.6

New cars(4)

133.125 132.554 131.640 -2.4 -1.1 -0.7

Used cars and trucks

139.009 136.715 135.278 -3.8 -2.7 -1.1

Motor fuel

213.316 225.246 218.769 9.1 2.6 -2.9

Gasoline (all types)

212.206 224.023 217.436 9.0 2.5 -2.9

Gasoline, unleaded regular(4)

206.236 218.049 211.413 9.2 2.5 -3.0

Gasoline, Unleaded midgrade(4)(5)

248.507 258.803 252.232 8.4 1.5 -2.5

Gasoline, unleaded premium(4)

235.659 246.917 241.312 7.9 2.4 -2.3

Medical Care

483.167 478.861 478.733 0.6 -0.9 0.0

Medical care commodities

401.076 388.445 386.422 0.4 -3.7 -0.5

Medical care services

510.477 509.160 509.709 0.6 -0.2 0.1

Professional services

415.458 415.589 415.674 2.0 0.1 0.0

Recreation(3)

123.120 122.565 122.531 3.5 -0.5 0.0

Education and communication(3)

136.534 137.110 137.489 -2.3 0.7 0.3

Other goods and services

416.243 416.205 418.438 1.9 0.5 0.5
 

Commodity and Service Group

 
 

All Items

230.443 231.030 230.660 1.5 0.1 -0.2

Commodities

176.856 177.734 177.462 0.6 0.3 -0.2

Commodities less food & beverages

145.408 146.417 145.731 0.3 0.2 -0.5

Nondurables less food & beverages

190.235 193.642 193.071 2.8 1.5 -0.3

Nondurables less food, beverages, and apparel

237.948 241.662 239.590 3.4 0.7 -0.9

Durables

102.247 101.408 100.682 -3.0 -1.5 -0.7

Services

285.686 285.978 285.509 2.0 -0.1 -0.2

Rent of shelter(2)

270.338 271.397 271.784 2.5 0.5 0.1

Transportation services

302.705 303.025 305.915 2.7 1.1 1.0

Other services

337.278 337.322 338.254 1.2 0.3 0.3
 

Special aggregate indexes:

 
 

All items less medical care

218.478 219.299 218.917 1.5 0.2 -0.2

All items less food

228.548 229.155 228.598 1.5 0.0 -0.2

All items less shelter

220.971 221.411 220.774 1.0 -0.1 -0.3

Commodities less food

148.576 149.586 148.926 0.4 0.2 -0.4

Nondurables

215.676 217.704 217.776 1.8 1.0 0.0

Nondurables less food

193.221 196.484 195.972 2.7 1.4 -0.3

Nondurables less food and apparel

237.336 240.778 238.941 3.2 0.7 -0.8

Services less rent of shelter(2)

319.064 318.538 317.109 1.5 -0.6 -0.4

Services less medical care services

268.924 269.332 268.789 2.2 -0.1 -0.2

Energy

201.139 205.385 196.531 5.0 -2.3 -4.3

All items less energy

236.196 236.430 236.893 1.2 0.3 0.2

All items less food and energy

235.978 236.172 236.574 1.2 0.3 0.2

Commodities less food and energy commodities

143.966 143.673 143.634 -1.1 -0.2 0.0

Energy commodities

212.363 224.265 218.390 9.2 2.8 -2.6

Services less energy services

297.025 297.574 298.292 2.1 0.4 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 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-
Aug.
2017
Sep.
2017
Oct.
2017
Oct.
2016
Aug.
2017
Sep.
2017

Expenditure category

 
 

All Items

224.366 225.026 224.515 1.4 0.1 -0.2

All items (December 1977=100)

362.849 363.916 363.091      

Food and beverages

241.636 242.017 242.836 1.0 0.5 0.3

Food

241.079 241.457 242.305 0.9 0.5 0.4

Food at home

227.172 227.380 228.190 0.5 0.4 0.4

Food away from home

267.430 268.157 269.075 1.7 0.6 0.3

Alcoholic beverages

248.947 249.388 249.722 1.3 0.3 0.1

Housing

218.139 218.549 217.387 2.2 -0.3 -0.5

Shelter

251.896 252.777 253.310 2.6 0.6 0.2

Rent of primary residence(1)

263.497 264.349 265.193 3.0 0.6 0.3

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

248.822 249.654 250.329 2.6 0.6 0.3

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

248.813 249.644 250.318 2.6 0.6 0.3

Fuels and utilities

231.522 230.171 219.594 1.9 -5.2 -4.6

Household energy

191.207 189.733 178.918 1.4 -6.4 -5.7

Energy services(1)

198.372 196.287 184.290 0.9 -7.1 -6.1

Electricity(1)

218.128 215.566 196.962 0.3 -9.7 -8.6

Utility (piped) gas service(1)

153.131 151.996 152.279 2.4 -0.6 0.2

Household furnishings and operations

110.500 110.651 110.759 -1.2 0.2 0.1

Apparel

115.460 118.967 121.013 2.3 4.8 1.7

Transportation

192.159 194.125 192.453 1.8 0.2 -0.9

Private transportation

188.974 190.954 189.185 1.9 0.1 -0.9

New and used motor vehicles(3)

95.753 94.738 93.973 -2.8 -1.9 -0.8

New vehicles

140.273 139.652 138.740 -2.0 -1.1 -0.7

Used cars and trucks

139.530 137.237 135.805 -3.8 -2.7 -1.0

Motor fuel

213.650 225.531 219.318 9.1 2.7 -2.8

Gasoline (all types)

212.444 224.201 217.896 9.1 2.6 -2.8

Gasoline, unleaded regular(4)

206.300 218.035 211.709 9.3 2.6 -2.9

Gasoline, unleaded midgrade(4)(5)

248.312 258.464 252.073 8.4 1.5 -2.5

Gasoline, unleaded premium(4)

235.266 246.499 241.115 7.9 2.5 -2.2

Medical Care

488.861 483.706 483.322 0.4 -1.1 -0.1

Medical care commodities

393.256 378.668 376.551 0.0 -4.2 -0.6

Medical care services

518.024 516.286 516.523 0.5 -0.3 0.0

Professional services

417.607 417.739 417.765 2.0 0.0 0.0

Recreation(3)

118.213 118.023 117.797 3.0 -0.4 -0.2

Education and communication(3)

126.865 127.265 127.597 -3.5 0.6 0.3

Other goods and services

464.652 464.575 467.854 2.2 0.7 0.7
 

Commodity and Service Group

 
 

All Items

224.366 225.026 224.515 1.4 0.1 -0.2

Commodities

179.236 180.292 179.907 0.8 0.4 -0.2

Commodities less food & beverages

149.030 150.318 149.470 0.7 0.3 -0.6

Nondurables less food & beverages

197.823 202.026 201.225 3.6 1.7 -0.4

Nondurables less food, beverages, and apparel

248.392 253.096 250.726 3.9 0.9 -0.9

Durables

103.964 103.064 102.239 -3.1 -1.7 -0.8

Services

277.548 277.805 277.150 1.8 -0.1 -0.2

Rent of shelter(2)

250.294 251.181 251.715 2.6 0.6 0.2

Transportation services

305.142 305.315 308.117 2.8 1.0 0.9

Other services

308.224 308.634 309.201 0.2 0.3 0.2
 

Special aggregate indexes:

 
 

All items less medical care

214.228 215.111 214.596 1.5 0.2 -0.2

All items less food

220.940 221.643 220.916 1.5 0.0 -0.3

All items less shelter

216.993 217.581 216.693 0.9 -0.1 -0.4

Commodities less food

152.013 153.288 152.463 0.8 0.3 -0.5

Nondurables

220.019 222.422 222.390 2.2 1.1 0.0

Nondurables less food

200.431 204.448 203.704 3.4 1.6 -0.4

Nondurables less food and apparel

246.851 251.203 249.053 3.7 0.9 -0.9

Services less rent of shelter(2)

281.529 281.089 279.220 1.0 -0.8 -0.7

Services less medical care services

261.654 262.030 261.324 2.0 -0.1 -0.3

Energy

200.819 205.543 196.906 5.3 -1.9 -4.2

All items less energy

229.174 229.357 229.808 1.0 0.3 0.2

All items less food and energy

226.943 227.090 227.468 1.0 0.2 0.2

Commodities less food and energy commodities

146.622 146.242 146.164 -1.1 -0.3 -0.1

Energy commodities

212.770 224.616 218.976 9.3 2.9 -2.5

Services less energy services

288.156 288.698 289.419 1.9 0.4 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, November 15, 2017