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17-53-KAN
Wednesday, January 18, 2017

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Consumer Price Index, St. Louis – Second Half 2016

Prices increased 1.0 percent from the second half of 2015 to the second half of 2016

The Consumer Price Index for All Urban Consumers (CPI-U) for the St. Louis, Mo.-Ill., metropolitan area increased 1.0 percent from the second half of 2015 to the second half of 2016, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Stanley W. Suchman noted that higher shelter costs (3.4 percent) had the largest upward impact on the index. Energy costs decreased 5.4 percent and food prices declined 0.7 percent. The all items less food and energy index, which includes shelter, rose 2.0 percent over the year.

chart1

Food

Food prices decreased 0.7 percent from the second half of 2015 to the second half of 2016, compared to a 1.3-percent increase in the same period one year ago. Costs for food at home declined 2.5 percent, the largest annual decline since 1993, while prices for food away from home rose 2.0 percent. During the same period one year ago, these indexes rose 0.5 and 2.8 percent, respectively.

Energy

The energy index, which includes motor fuel and household fuels, declined 5.4 percent from the second half of 2015 to the second half of 2016, after decreasing 12.0 percent in the same period one year ago. Falling prices for electricity (-5.5 percent) and motor fuel (-5.8 percent) were largely responsible for the decline in the energy component, though lower costs for utility (piped) gas service (-3.6 percent) also contributed to the decrease. The declines in each of these energy components occurred in the first half of the year and were moderated by increases in the most recent half. In the same period one year ago, electricity costs rose 7.6 percent, motor fuel prices fell 25.2 percent, and prices for utility (piped) gas service declined 8.6 percent.

All items less food and energy

The index for all items less food and energy rose 2.0 percent from the second half of 2015 to the second half of 2016, following an increase of 1.0 percent in the same period one year ago. Among the expenditure categories posting higher costs were shelter (3.4 percent) and medical care (6.9 percent). In contrast, the index for education and communication (-2.0 percent) was among the components that registered lower prices over the year.

The St. Louis CPI-U stood at 222.357 for the second half of 2016. This means that a market basket of goods and services that cost $100.00 in the 1982-84 base period cost $222.36 in the second half of 2016. Because metropolitan area CPI data are not adjusted for seasonal price variation, consumers and businesses should be cautious in drawing conclusions about long-term retail price trends from short-term changes in the metropolitan area indexes.

CPI-W

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the St. Louis, Mo.-Ill., metropolitan area for the second half of 2016 was 220.082. The CPI-W increased 0.5 percent from the second half of 2015 to the second half of 2016.

The Consumer Price Index for the First Half of 2017 is scheduled to be released on July 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 St. Louis, Mo.-Ill., area covered in this release includes Clinton, Jersey, Madison, Monroe, and St. Clair Counties in Illinois; and Crawford (part), Franklin, Jefferson, Lincoln, St. Charles, St. Louis, and Warren Counties and St. Louis City in Missouri.

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 for semiannual averages and percent changes for selected periods

St. Louis, MO-IL (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
2nd half 2016 from-
2nd half
2015
1st half
2016
2nd half
2016
2nd half
2015
1st half
2016

Expenditure category

 
 

All Items

220.100 219.792 222.357 1.0 1.2

All items (1967=100)

653.732 652.820 660.438    

Food and beverages

248.553 246.670 247.099 -0.6 0.2

Food

248.015 246.030 246.273 -0.7 0.1

Food at home

232.222 227.704 226.344 -2.5 -0.6

Food away from home

273.942 276.302 279.287 2.0 1.1

Alcoholic beverages

228.278 226.522 228.984 0.3 1.1

Housing

212.305 211.700 216.203 1.8 2.1

Shelter

243.064 247.917 251.360 3.4 1.4

Rent of primary residence(1)

222.150 224.959 227.178 2.3 1.0

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

252.310 256.958 262.060 3.9 2.0

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

252.310 256.958 262.060 3.9 2.0

Fuels and utilities

224.359 200.024 216.280 -3.6 8.1

Household energy

206.411 178.321 195.802 -5.1 9.8

Energy services(1)

211.955 182.239 200.287 -5.5 9.9

Electricity(1)

232.743 192.747 219.923 -5.5 14.1

Utility (piped) gas service(1)

147.123 138.714 141.849 -3.6 2.3

Household furnishings and operations

122.984 120.658 121.307 -1.4 0.5

Apparel

151.959 152.559 154.237 1.5 1.1

Transportation

184.691 181.623 181.137 -1.9 -0.3

Private transportation

183.828 180.755 181.081 -1.5 0.2

Motor fuel

212.959 186.966 200.586 -5.8 7.3

Gasoline (all types)

209.495 184.067 197.398 -5.8 7.2

Gasoline, unleaded regular(3)

202.077 176.594 189.682 -6.1 7.4

Gasoline, unleaded midgrade(3)(4)

246.028 219.689 234.009 -4.9 6.5

Gasoline, unleaded premium(3)

214.233 193.375 206.357 -3.7 6.7

Medical Care

401.228 412.710 428.846 6.9 3.9

Recreation(5)

117.248 118.193 119.109 1.6 0.8

Education and communication(5)

139.737 139.237 137.008 -2.0 -1.6

Other goods and services

304.807 307.519 307.199 0.8 -0.1
 

Commodity and Service Group

 
 

All Items

220.100 219.792 222.357 1.0 1.2

Commodities

185.054 182.727 182.983 -1.1 0.1

Commodities less food & beverages

153.069 150.430 150.608 -1.6 0.1

Nondurables less food & beverages

202.308 196.996 200.139 -1.1 1.6

Durables

107.026 106.524 104.675 -2.2 -1.7

Services

256.731 258.295 263.016 2.4 1.8
 

Special aggregate indexes:

 
 

All items less medical care

211.084 210.169 212.051 0.5 0.9

All items less shelter

213.958 211.756 214.023 0.0 1.1

Commodities less food

156.441 153.810 154.059 -1.5 0.2

Nondurables

225.747 222.231 224.112 -0.7 0.8

Nondurables less food

205.260 200.155 203.269 -1.0 1.6

Services less rent of shelter(2)

277.832 275.960 282.066 1.5 2.2

Services less medical care services

243.256 243.854 247.122 1.6 1.3

Energy

210.377 183.038 198.956 -5.4 8.7

All items less energy

223.934 226.126 227.495 1.6 0.6

All items less food and energy

220.008 222.856 224.403 2.0 0.7

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

Table 2. Consumer Price Index for Wage Earners and Clerical Workers (CPI-W): Indexes for semiannual averages and percent changes for selected periods

St. Louis, MO-IL (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
2nd half 2016 from-
2nd half
2015
1st half
2016
2nd half
2016
2nd half
2015
1st half
2016

Expenditure category

 
 

All Items

218.965 217.752 220.082 0.5 1.1

All items (1967=100)

644.208 640.638 647.493    

Food and beverages

250.198 248.007 248.523 -0.7 0.2

Food

250.285 247.810 248.068 -0.9 0.1

Food at home

235.337 230.428 229.296 -2.6 -0.5

Food away from home

274.725 277.291 280.401 2.1 1.1

Alcoholic beverages

221.206 218.918 221.257 0.0 1.1

Housing

215.727 214.305 219.382 1.7 2.4

Shelter

244.102 248.531 252.094 3.3 1.4

Rent of primary residence(1)

222.150 224.959 227.178 2.3 1.0

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

231.152 235.410 240.084 3.9 2.0

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

231.152 235.410 240.084 3.9 2.0

Fuels and utilities

229.973 204.211 221.286 -3.8 8.4

Household energy

210.628 181.254 199.303 -5.4 10.0

Energy services(1)

216.760 186.006 204.933 -5.5 10.2

Electricity(1)

232.742 192.746 219.922 -5.5 14.1

Utility (piped) gas service(1)

147.123 138.714 141.849 -3.6 2.3

Household furnishings and operations

115.028 112.872 113.773 -1.1 0.8

Apparel

146.655 145.521 145.726 -0.6 0.1

Transportation

187.959 184.337 184.120 -2.0 -0.1

Private transportation

186.574 182.842 183.116 -1.9 0.1

Motor fuel

212.909 186.719 200.405 -5.9 7.3

Gasoline (all types)

209.496 184.067 197.398 -5.8 7.2

Gasoline, unleaded regular(3)

202.067 176.586 189.673 -6.1 7.4

Gasoline, unleaded midgrade(3)(4)

246.028 219.689 234.009 -4.9 6.5

Gasoline, unleaded premium(3)

214.243 193.384 206.366 -3.7 6.7

Medical Care

403.190 415.611 432.039 7.2 4.0

Recreation(5)

119.576 120.146 120.351 0.6 0.2

Education and communication(5)

133.146 132.685 130.503 -2.0 -1.6

Other goods and services

325.308 328.892 328.887 1.1 0.0
 

Commodity and Service Group

 
 

All Items

218.965 217.752 220.082 0.5 1.1

Commodities

188.524 185.443 185.765 -1.5 0.2

Commodities less food & beverages

157.871 154.357 154.589 -2.1 0.2

Nondurables less food & beverages

199.641 192.428 195.737 -2.0 1.7

Durables

115.782 115.185 113.249 -2.2 -1.7

Services

255.715 256.547 261.116 2.1 1.8
 

Special aggregate indexes:

 
 

All items less medical care

211.401 209.672 211.471 0.0 0.9

All items less shelter

212.139 209.064 211.009 -0.5 0.9

Commodities less food

160.593 157.107 157.439 -2.0 0.2

Nondurables

224.554 219.950 221.891 -1.2 0.9

Nondurables less food

201.725 194.836 198.037 -1.8 1.6

Services less rent of shelter(2)

256.855 254.055 259.359 1.0 2.1

Services less medical care services

242.739 242.689 246.006 1.3 1.4

Energy

208.399 180.811 196.685 -5.6 8.8

All items less energy

222.520 224.187 225.102 1.2 0.4

All items less food and energy

216.821 219.255 220.287 1.6 0.5

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 November 1984=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1997=100 base.
 

 

Last Modified Date: Wednesday, January 18, 2017