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19-1480-KAN
Tuesday, August 13, 2019

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Consumer Price Index, Midwest Region – July 2019

Prices in the Midwest increased 0.2 percent in July and up 1.5 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Midwest increased 0.2 percent in July, the U.S. Bureau of Labor Statistics reported today. Higher costs for gasoline and shelter had the largest upward impacts on the index, while lower prices for food at home and utility (piped) gas service had the largest offsetting movements. The index for all items less food and energy edged 0.2 percent higher in July, energy costs turned up 1.2 percent, and food prices declined 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 over the latest 12 months. (See chart 1 and table A.) Food prices increased 1.2 percent. The energy index, which includes motor fuel and household fuels, declined 1.9 percent. The index for all items less food and energy was up 1.9 percent from July 2018 to July 2019. (See table 1.)

Food

Food prices in the Midwest were down 0.2 percent from June to July. The decrease was due to a 0.5-percent decline in prices for food at home. Prices for food away from home increased 0.2 percent.

From July 2018 to July 2019, the index for food advanced 1.2 percent. Costs for food away from home were up 2.8 percent, and prices for food at home were virtually unchanged (-0.1 percent) over the year.

Energy

The energy index turned up 1.2 percent in July. The monthly increase reflected higher prices for gasoline (2.1 percent) and electricity (1.3 percent). Lower prices for utility (piped) gas service (-2.7 percent) partially offset the increases. 

Energy costs declined 1.9 percent since July 2018 due to over-the-year decreases in prices for utility (piped) gas service and gasoline, -5.1 percent and -2.5 percent, respectively. Electricity prices were 0.7 percent higher than a year ago.

All items less food and energy

The index for all items less food and energy for the Midwest edged up 0.2 percent in July. Among the expenditure categories that registered higher costs were shelter (0.2 percent), new and used motor vehicles (0.6 percent) and medical care services (0.5 percent). Decreases in prices for education and communication (-0.2 percent), motor vehicle insurance (-0.4 percent) and medical care commodities (-0.5 percent) were among those that moderated the increase.

The index for all items less food and energy was up 1.9 percent from July 2018 to July 2019. Higher costs for shelter (3.5 percent) led the increase.

The Midwest Consumer Price Index for All Urban Consumers (CPI-U) stood at 238.760 in July 2019. A typical market basket of goods and services that cost $100.00 in the 1982-84 base period cost $238.76 in July 2019.

CPI-W 

In July, the Midwest Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 232.979. The CPI-W increased 0.3 percent in July and advanced 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 2015 2016 2017 2018 2019
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

-0.6 -0.3 0.3 0.8 0.7 2.2 0.6 1.6 0.2 0.8

February

0.3 -0.5 0.0 0.4 0.2 2.4 0.2 1.7 0.7 1.3

March

0.6 -0.9 0.6 0.5 0.1 1.9 0.2 1.8 0.6 1.7

April

0.1 -1.1 0.4 0.8 0.4 1.8 0.4 1.8 0.3 1.5

May

0.4 -0.8 0.4 0.8 0.0 1.4 0.5 2.3 0.3 1.3

June

0.5 -0.7 0.6 0.8 0.0 0.9 0.2 2.5 0.0 1.2

July

0.0 -0.5 -0.5 0.4 0.0 1.3 0.0 2.4 0.2 1.5

August

0.0 -0.3 0.1 0.6 0.3 1.5 0.0 2.1

September

-0.3 -0.8 0.2 1.1 0.3 1.5 0.1 1.9

October

-0.1 -0.3 -0.1 1.0 -0.2 1.5 0.1 2.2

November

-0.5 -0.2 -0.3 1.2 0.2 1.9 -0.6 1.4

December

-0.6 0.0 0.1 1.8 -0.2 1.7 -0.4 1.3

The August 2019 Consumer Price Index for the Midwest region is scheduled to be released on Thursday, September 12, 2019.


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 population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 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 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 (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/pdf/homch17.pdf.

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 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 Region, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure category Indexes Percent change from
May
2019
Jun.
2019
Jul.
2019
Jul.
2018
May
2019
Jun.
2019

All items

238.219 238.288 238.760 1.5 0.2 0.2

All items (December 1977 = 100)

387.596 387.709 388.476      

Food and beverages

247.517 247.960 247.594 1.3 0.0 -0.1

Food

246.953 247.346 246.889 1.2 0.0 -0.2

Food at home

228.000 227.950 226.822 -0.1 -0.5 -0.5

Cereals and bakery products

259.730 262.143 260.334 -0.6 0.2 -0.7

Meats, poultry, fish, and eggs

249.425 247.922 247.967 -0.4 -0.6 0.0

Dairy and related products

195.331 195.142 195.282 -1.1 0.0 0.1

Fruits and vegetables

273.099 270.639 266.628 -0.5 -2.4 -1.5

Nonalcoholic beverages and beverage materials

163.014 161.891 163.567 2.3 0.3 1.0

Other food at home

197.784 199.528 197.460 0.1 -0.2 -1.0

Food away from home

278.434 279.497 280.046 2.8 0.6 0.2

Alcoholic beverages

253.144 254.268 255.142 2.4 0.8 0.3

Housing

232.790 233.655 234.158 2.7 0.6 0.2

Shelter

279.672 280.235 280.794 3.5 0.4 0.2

Rent of primary residence(1)

278.085 278.668 278.982 3.2 0.3 0.1

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

283.587 284.189 284.697 3.4 0.4 0.2

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

283.553 284.155 284.655 3.4 0.4 0.2

Fuels and utilities

219.835 225.255 225.592 -0.2 2.6 0.1

Household energy

176.947 182.522 182.804 -1.1 3.3 0.2

Energy services(1)

183.384 189.738 190.036 -1.0 3.6 0.2

Electricity(1)

202.154 212.048 214.893 0.7 6.3 1.3

Utility (piped) gas service(1)

141.504 141.773 137.967 -5.1 -2.5 -2.7

Household furnishings and operations

115.298 114.497 114.949 0.6 -0.3 0.4

Apparel

114.920 114.069 113.802 0.3 -1.0 -0.2

Transportation

207.945 206.242 207.344 -0.1 -0.3 0.5

Private transportation

202.413 200.922 202.530 -0.2 0.1 0.8

New and used motor vehicles(3)

97.347 97.834 98.447 0.5 1.1 0.6

New vehicles

137.761 137.458 137.566 0.1 -0.1 0.1

New cars and trucks(3)(4)

97.388 97.178 97.242 0.1 -0.1 0.1

New cars(4)

134.363 133.982 133.884 -0.3 -0.4 -0.1

Used cars and trucks

138.123 140.351 142.013 1.5 2.8 1.2

Motor fuel

254.253 244.784 249.836 -2.6 -1.7 2.1

Gasoline (all types)

252.987 243.457 248.612 -2.5 -1.7 2.1

Gasoline, unleaded regular(4)

246.676 237.244 242.197 -2.6 -1.8 2.1

Gasoline, unleaded midgrade(4)(5)

288.763 279.181 287.529 -2.3 -0.4 3.0

Gasoline, unleaded premium(4)

274.350 265.543 271.368 -2.0 -1.1 2.2

Motor vehicle insurance(6)

731.394 734.564 731.670 0.0 0.0 -0.4

Medical care

492.063 493.894 495.492 2.4 0.7 0.3

Medical care commodities

391.030 390.713 388.785 -1.0 -0.6 -0.5

Medical care services

525.925 528.484 531.278 3.3 1.0 0.5

Professional services

420.560 421.252 421.410 1.0 0.2 0.0

Recreation(3)

121.203 120.979 121.251 -0.6 0.0 0.2

Education and communication(3)

137.108 137.330 137.018 -0.7 -0.1 -0.2

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

1,200.659 1,202.214 1,194.919 0.8 -0.5 -0.6

Other goods and services

434.887 433.359 435.996 2.2 0.3 0.6

Commodity and service group

Commodities

181.197 180.302 180.816 0.3 -0.2 0.3

Commodities less food and beverages

149.055 147.697 148.519 -0.3 -0.4 0.6

Nondurables less food and beverages

199.757 196.511 197.861 -0.6 -0.9 0.7

Durables

101.490 101.554 101.940 0.1 0.4 0.4

Services

297.028 298.116 298.540 2.2 0.5 0.1

Special aggregate indexes

All items less shelter

225.726 225.624 226.069 0.6 0.2 0.2

All items less medical care

226.204 226.189 226.607 1.4 0.2 0.2

Commodities less food

152.308 151.007 151.833 -0.2 -0.3 0.5

Nondurables

223.461 221.917 222.474 0.4 -0.4 0.3

Nondurables less food

202.555 199.556 200.878 -0.4 -0.8 0.7

Services less rent of shelter(2)

324.691 326.395 326.679 0.9 0.6 0.1

Services less medical care services

279.957 280.935 281.182 2.1 0.4 0.1

Energy

212.344 210.885 213.389 -1.9 0.5 1.2

All items less energy

243.706 243.932 244.202 1.8 0.2 0.1

All items less food and energy

243.848 244.045 244.444 1.9 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: Tuesday, August 13, 2019