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News Release Information

21-34-KAN
Wednesday, January 13, 2021

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

Consumer Price Index, Midwest Region – December 2020

Area prices up 0.1 percent over the past month, up 1.1 percent from a year ago

Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), crept up 0.1 percent in December, the U.S. Bureau of Labor Statistics reported today. (See table A.) The December increase was most influenced by higher prices for energy. (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 advanced 1.1 percent. (See chart 1 and table A.) The index for all items less food and energy increased 1.6 percent over the year and food prices rose 2.8 percent. In contrast, energy prices declined 7.4 percent. (See table 1.)

Food

Food prices increased 0.2 percent for the month of December. (See table 1.) Prices for food at home rose 0.2 percent and prices for food away from home inched up 0.1 percent for the same period.

Over the year, food prices increased 2.8 percent. Prices for food at home rose 2.7 percent and prices for food away from home advanced 2.9 percent since a year ago.

Energy

The energy index increased 2.5 percent over the month. The increase was overwhelmingly due to higher prices for gasoline (5.2 percent), though prices for natural gas also increased (0.5 percent). Prices for electricity were unchanged for the same period.

Energy prices declined 7.4 percent over the year, as prices for gasoline dropped 16.4 percent. In contrast, prices paid for natural gas service increased 5.5 percent and prices for electricity rose 1.3 percent during the past year.

All items less food and energy

The index for all items less food and energy declined 0.2 percent in December. Lower prices for apparel (-2.0 percent), used cars and trucks (-1.2 percent), and medical care (-0.2 percent) were partially offset by higher prices for shelter (0.2 percent), new vehicles (0.4 percent), and other goods and services (0.3 percent).

Over the year, the index for all items less food and energy increased 1.6 percent. Components contributing to the increase included shelter (1.8 percent), new and used motor vehicles (6.2 percent), and medical care services (3.7 percent). Partly offsetting the increases was a price decrease in apparel (-4.5 percent) and motor vehicle insurance (-4.9 percent).

Table A. Midwest region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2016 2017 2018 2019 2020
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

-0.3 0.8 0.7 2.2 0.4 1.6 -0.2 0.8 0.4 2.5

February

0.2 0.4 0.8 2.4 0.9 1.7 0.9 1.3 0.3 2.1

March

0.6 0.5 0.2 1.9 0.4 1.8 1.3 1.7 -0.5 1.0

April

1.1 0.8 0.5 1.8 0.6 1.8 0.9 1.5 -1.1 -0.4

May

0.8 0.8 0.4 1.4 0.9 2.3 0.6 1.3 0.3 -0.4

June

1.0 0.8 0.0 0.9 0.7 2.5 0.3 1.2 0.8 0.4

July

0.1 0.4 0.1 1.3 0.1 2.4 0.2 1.5 0.5 0.7

August

-0.3 0.6 0.3 1.5 -0.1 2.1 0.2 1.5 0.4 1.1

September

0.4 1.1 0.5 1.5 0.1 1.9 0.0 1.4 0.2 1.3

October

0.1 1.0 0.1 1.5 0.2 2.2 0.2 1.5 -0.1 1.0

November

-0.4 1.2 0.0 1.9 -0.5 1.4 0.0 1.9 -0.2 1.0

December

-0.2 1.8 0.0 1.7 -0.9 1.3 -0.2 2.3 0.1 1.1

The January 2021 Consumer Price Index for the Midwest Region is scheduled to be released on Wednesday, February 10, 2021.

Coronavirus (COVID-19) Pandemic Impact on December 2020 Consumer Price Index Data

Data collection by personal visit for the Consumer Price Index (CPI) program has been suspended since March 16, 2020. When possible, data normally collected by personal visit were collected either online or by phone. Additionally, data collection in December was affected by the temporary closing or limited operations of certain types of establishments. These factors resulted in an increase in the number of prices considered temporarily unavailable and imputed. While the CPI program attempted to collect as much data as possible, many indexes are based on smaller amounts of collected prices than usual, and a small number of indexes that are normally published were not published this month. Additional information is available at https://www.bls.gov/covid19/effects-of-covid-19-pandemic-on-consumer-pric e-index.htm.


Technical Note

The Consumer Price Index (CPI) is a measures 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; 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 Region, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure category Indexes Percent change from
Oct.
2020
Nov.
2020
Dec.
2020
Dec.
2019
Oct.
2020
Nov.
2020

All items

241.740 241.316 241.453 1.1 -0.1 0.1

All items (December 1977 = 100)

393.324 392.634 392.857      

Food and beverages

256.336 255.325 255.750 2.8 -0.2 0.2

Food

255.915 254.737 255.213 2.8 -0.3 0.2

Food at home

234.245 232.725 233.262 2.7 -0.4 0.2

Cereals and bakery products

265.042 265.472 265.348 3.8 0.1 0.0

Meats, poultry, fish, and eggs

259.723 258.428 255.078 2.0 -1.8 -1.3

Dairy and related products

206.071 206.248 209.573 4.4 1.7 1.6

Fruits and vegetables

272.740 270.622 269.604 1.0 -1.1 -0.4

Nonalcoholic beverages and beverage materials

166.397 164.546 168.164 3.0 1.1 2.2

Other food at home

203.941 201.587 202.666 3.1 -0.6 0.5

Food away from home

291.593 290.913 291.304 2.9 -0.1 0.1

Alcoholic beverages

260.147 261.211 261.004 2.5 0.3 -0.1

Housing

238.811 239.340 239.663 2.0 0.4 0.1

Shelter

287.428 287.663 288.195 1.8 0.3 0.2

Rent of primary residence(1)

289.897 290.772 291.126 2.7 0.4 0.1

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

294.451 294.774 295.119 2.2 0.2 0.1

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

294.372 294.697 295.046 2.2 0.2 0.1

Fuels and utilities

223.323 223.823 224.571 2.6 0.6 0.3

Household energy

178.375 178.689 179.203 2.2 0.5 0.3

Energy services(1)

185.740 185.929 186.216 2.7 0.3 0.2

Electricity(1)

202.512 198.366 198.366 1.3 -2.0 0.0

Utility (piped) gas service(1)

146.951 153.990 154.711 5.5 5.3 0.5

Household furnishings and operations

117.929 119.187 118.772 3.1 0.7 -0.3

Apparel

112.418 108.941 106.713 -4.5 -5.1 -2.0

Transportation

196.665 195.565 196.331 -2.3 -0.2 0.4

Private transportation

194.860 193.579 194.863 -0.9 0.0 0.7

New and used motor vehicles(3)

103.630 103.233 102.693 6.2 -0.9 -0.5

New vehicles

140.731 140.923 141.477 2.4 0.5 0.4

New cars and trucks(3)(4)

99.469 99.601 99.999 2.4 0.5 0.4

New cars(4)

139.786 139.935 140.583 4.4 0.6 0.5

Used cars and trucks

154.432 152.256 150.443 10.7 -2.6 -1.2

Motor fuel

187.838 180.330 189.676 -16.4 1.0 5.2

Gasoline (all types)

186.878 179.169 188.417 -16.4 0.8 5.2

Gasoline, unleaded regular(4)

180.991 173.379 182.575 -16.6 0.9 5.3

Gasoline, unleaded midgrade(4)(5)

223.528 214.101 226.383 -13.8 1.3 5.7

Gasoline, unleaded premium(4)

215.486 208.823 215.847 -14.2 0.2 3.4

Motor vehicle insurance(6)

682.429 701.290 702.580 -4.9 3.0 0.2

Medical care

520.319 519.503 518.433 2.6 -0.4 -0.2

Medical care commodities

378.711 377.928 377.106 -2.6 -0.4 -0.2

Medical care services

567.491 566.662 565.508 3.7 -0.3 -0.2

Professional services

430.030 429.926 429.675 1.7 -0.1 -0.1

Recreation(3)

123.656 124.170 123.939 0.7 0.2 -0.2

Education and communication(3)

141.188 140.452 140.421 1.4 -0.5 0.0

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

1,219.259 1,217.797 1,217.907 1.6 -0.1 0.0

Other goods and services

444.292 445.559 446.941 1.6 0.6 0.3

Commodity and service group

Commodities

180.172 179.009 179.393 0.4 -0.4 0.2

Commodities less food and beverages

144.462 143.297 143.650 -1.1 -0.6 0.2

Nondurables less food and beverages

181.590 178.840 180.235 -5.9 -0.7 0.8

Durables

105.807 105.717 105.410 4.3 -0.4 -0.3

Services

305.381 305.793 305.650 1.6 0.1 0.0

Special aggregate indexes

All items less shelter

227.818 227.173 227.180 0.9 -0.3 0.0

All items less medical care

228.537 228.131 228.327 1.0 -0.1 0.1

Commodities less food

147.994 146.884 147.223 -0.9 -0.5 0.2

Nondurables

217.957 216.022 216.962 -1.2 -0.5 0.4

Nondurables less food

185.937 183.435 184.724 -5.2 -0.7 0.7

Services less rent of shelter(2)

333.788 334.403 333.536 1.5 -0.1 -0.3

Services less medical care services

285.751 286.265 286.203 1.3 0.2 0.0

Energy

182.841 179.638 184.125 -7.4 0.7 2.5

All items less energy

250.459 250.287 250.023 1.8 -0.2 -0.1

All items less food and energy

250.229 250.235 249.839 1.6 -0.2 -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) 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, January 13, 2021