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News Release Information

22-2213-KAN
Tuesday, November 22, 2022

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

Consumer Price Index, Midwest Region – October 2022

Area prices rose 0.1 percent in October, up 7.4 percent over the year

Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.1 percent in October, the U.S. Bureau of Labor Statistics reported today. (See table A.) The index for all items less food and energy was up 0.3 percent, and the food index rose 0.4 percent over the month. The energy index was down 0.8 percent in October. Within the all items less food and energy category, prices for owners’ equivalent rent of residence, recreation, and rent of primary residence contributed the most to the increase. (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 increased 7.4 percent. (See chart 1.) The index for all items less food and energy advanced 5.8 percent over the year. Food prices rose 12.1 percent compared to their October 2021 levels. Energy prices increased 16.2 percent, led by an increase in the price of gasoline. (See table 1.)

Food

Food prices advanced 0.4 percent for the month of October. Prices for food away from home (restaurant, cafeteria, and vending purchases) rose 0.6 percent over the month. Prices for food at home (grocery store items) increased 0.3 percent over the same period. The increase in the index for food at home was due to increases in the cost for other food at home (+1.3 percent), meats, poultry, fish, and eggs (+0.5 percent), and dairy and related products (+0.8 percent). This increase was partially offset by lower prices for fruits and vegetables (-1.2 percent).

Over the year, food prices rose 12.1 percent. Prices for food at home advanced 13.2 percent since a year ago, with all six major grocery store food group indexes contributing to the rise. The other food at home index (sugar, sweets, fats, and oils, for example) contributed most to the increase at 16.3 percent. Prices for food away from home increased 10.0 percent over the same period.

Energy

The energy index declined 0.8 percent over the month. The decrease was due to lower prices for natural gas service (-7.8 percent), and electricity (-3.9 percent). The decline was moderated by a rise in the prices paid for gasoline (+3.9 percent).

From October 2021 to October 2022, energy prices rose 16.2 percent, mainly due to higher prices for gasoline (+20.1 percent), but all energy categories contributed. Prices paid for natural gas service increased 17.4 percent, and prices for electricity advanced 8.5 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.3 percent in October. This rise was driven mainly by higher prices for owners’ equivalent rent of residence (+0.7 percent), recreation (+1.5 percent), and rent of primary residence (+0.8 percent). These increases were partially offset by lower prices for used cars and trucks (-2.3 percent), medical care services (-0.4 percent), and apparel (-1.0 percent).

Over the year, the index for all items less food and energy advanced 5.8 percent. Components contributing most to the increase included owners’ equivalent rent of residence (+5.7 percent), medical care services (+5.3 percent), recreation (+7.4 percent), household furnishings and operations (+8.8 percent), and new vehicles (+9.2 percent).

Table A. Midwest region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2018 2019 2020 2021 2022
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.6 1.6 0.2 0.8 0.4 2.5 0.5 1.2 0.8 7.9

February

0.2 1.7 0.7 1.3 0.3 2.1 0.8 1.7 0.9 8.0

March

0.2 1.8 0.6 1.7 -0.5 1.0 0.7 3.0 1.3 8.6

April

0.4 1.8 0.3 1.5 -1.1 -0.4 0.8 4.9 0.5 8.2

May

0.5 2.3 0.3 1.3 0.3 -0.4 1.0 5.6 1.5 8.8

June

0.2 2.5 0.0 1.2 0.8 0.4 1.0 5.8 1.6 9.5

July

0.0 2.4 0.2 1.5 0.5 0.7 0.6 5.9 -0.2 8.6

August

0.0 2.1 0.0 1.5 0.4 1.1 0.2 5.7 -0.2 8.1

September

0.1 1.9 0.0 1.4 0.2 1.3 0.2 5.7 0.2 8.1

October

0.1 2.2 0.2 1.5 -0.1 1.0 0.8 6.6 0.1 7.4

November

-0.6 1.4 -0.2 1.9 -0.2 1.0 0.4 7.3

December

-0.4 1.3 0.0 2.3 0.1 1.1 0.3 7.5

The November 2022 Consumer Price Index for the Midwest Region is scheduled to be released on Tuesday, December 13, 2022.


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 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; Telecommunications Relay Service: 7-1-1.

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
Aug.
2022
Sep.
2022
Oct.
2022
Oct.
2021
Aug.
2022
Sep.
2022

All items

275.875 276.549 276.908 7.4 0.4 0.1

All items (December 1977 = 100)

448.865 449.961 450.545      

Food and beverages

298.882 300.921 302.322 11.6 1.2 0.5

Food

300.558 302.844 304.053 12.1 1.2 0.4

Food at home

280.226 281.284 282.059 13.2 0.7 0.3

Cereals and bakery products

319.119 322.665 321.565 16.6 0.8 -0.3

Meats, poultry, fish, and eggs

311.727 312.064 313.539 8.8 0.6 0.5

Dairy and related products

247.100 246.330 248.389 16.7 0.5 0.8

Fruits and vegetables

314.408 318.119 314.310 9.3 0.0 -1.2

Nonalcoholic beverages and beverage materials

201.098 203.468 202.987 13.5 0.9 -0.2

Other food at home

246.519 245.776 248.919 16.3 1.0 1.3

Food away from home

331.994 336.646 338.681 10.0 2.0 0.6

Alcoholic beverages

275.415 274.172 278.109 5.5 1.0 1.4

Housing

268.204 269.309 268.641 6.4 0.2 -0.2

Shelter

312.253 313.166 315.262 5.3 1.0 0.7

Rent of primary residence(1)

314.951 316.631 319.052 6.3 1.3 0.8

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

318.787 320.041 322.420 5.7 1.1 0.7

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

318.698 319.936 322.317 5.7 1.1 0.7

Fuels and utilities

289.841 292.505 279.343 10.6 -3.6 -4.5

Household energy

243.040 245.660 232.365 12.0 -4.4 -5.4

Energy services(1)

251.123 253.786 239.548 12.1 -4.6 -5.6

Electricity(1)

234.274 233.983 224.779 8.5 -4.1 -3.9

Utility (piped) gas service(1)

260.301 267.194 246.360 17.4 -5.4 -7.8

Household furnishings and operations

137.702 138.482 139.041 8.4 1.0 0.4

Apparel

116.773 119.482 118.272 2.9 1.3 -1.0

Transportation

260.777 258.416 260.375 11.3 -0.2 0.8

Private transportation

258.186 255.964 258.154 10.6 0.0 0.9

New and used motor vehicles(3)

128.907 128.052 127.246 7.2 -1.3 -0.6

New vehicles

166.648 167.675 168.730 9.2 1.2 0.6

New cars and trucks(3)(4)

           

New cars(4)

163.459 164.744 165.550 9.6 1.3 0.5

Used cars and trucks

212.156 203.195 198.594 2.0 -6.4 -2.3

Motor fuel

348.670 333.336 346.406 20.6 -0.6 3.9

Gasoline (all types)

345.689 330.352 343.362 20.1 -0.7 3.9

Gasoline, unleaded regular(4)

337.474 322.309 335.143 20.0 -0.7 4.0

Gasoline, unleaded midgrade(4)(5)

398.108 381.023 394.966 20.5 -0.8 3.7

Gasoline, unleaded premium(4)

367.787 353.979 366.184 20.4 -0.4 3.4

Medical care

548.159 550.779 548.934 4.9 0.1 -0.3

Medical care commodities

379.551 379.831 380.431 2.9 0.2 0.2

Medical care services

604.078 607.470 604.819 5.3 0.1 -0.4

Professional services

450.651 453.126 454.035 3.7 0.8 0.2

Recreation(3)

133.604 134.222 136.241 7.4 2.0 1.5

Education and communication(3)

141.135 141.486 140.989 -0.9 -0.1 -0.4

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

1,250.200 1,262.347 1,263.182 2.9 1.0 0.1

Other goods and services

491.790 494.655 495.642 6.8 0.8 0.2

Commodity and service group

Commodities

217.180 216.381 217.441 8.8 0.1 0.5

Commodities less food and beverages

177.936 176.259 177.147 7.3 -0.4 0.5

Nondurables less food and beverages

229.356 227.508 230.235 10.3 0.4 1.2

Durables

127.773 126.411 126.249 5.0 -1.2 -0.1

Services

335.561 337.865 337.434 6.4 0.6 -0.1

Special aggregate indexes

All items less shelter

265.307 265.903 265.668 8.3 0.1 -0.1

All items less medical care

263.065 263.642 264.115 7.7 0.4 0.2

Commodities less food

181.136 179.459 180.420 7.2 -0.4 0.5

Nondurables

263.472 263.447 265.564 11.0 0.8 0.8

Nondurables less food

231.611 229.800 232.593 10.0 0.4 1.2

Services less rent of shelter(2)

370.282 374.245 370.880 7.5 0.2 -0.9

Services less medical care services

315.572 317.802 317.552 6.6 0.6 -0.1

Energy

290.436 285.462 283.218 16.2 -2.5 -0.8

All items less energy

278.106 279.303 280.112 6.7 0.7 0.3

All items less food and energy

275.106 276.126 276.873 5.8 0.6 0.3

(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, November 22, 2022