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Consumer Price Index, Midwest Region – December 2024

Area prices rose 0.2 percent in December, up 3.0 percent over the year

Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.2 percent in December, the U.S. Bureau of Labor Statistics reported today. (See table A.) The December advance was led by a 0.1-percent rise in the all items less food and energy index, with owners’ equivalent rent of residences contributing most to the increase. The energy index was up 1.3 percent in December, while the food index was down 0.2 percent. (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 3.0 percent. (See chart 1.) The index for all items less food and energy increased 3.3 percent over the year, the food index rose 2.1 percent, and the energy index was up 2.0 percent. (See table 1.)

Food

Food prices decreased 0.2 percent for the month of December. Prices for food at home (grocery store prices) fell 0.4 percent, and prices for food away from home (restaurant, cafeteria, and vending purchases) rose 0.3 percent within the same period. Within the index for food at home, other food at home (-0.9 percent) and nonalcoholic beverages and beverage materials (-1.4 percent) led price declines.

Over the year, food prices rose 2.1 percent. Prices for food away from home were up 3.1 percent, and prices for food at home increased 1.5 percent. The index for meats, poultry, fish, and eggs (+2.9 percent) led grocery store item advances, but all major index categories contributed to the rise.  

Energy

The energy index rose 1.3 percent over the month. The increase was mainly due to higher prices for natural gas service (+5.7 percent), but an increase to gasoline prices (+0.7 percent) also contributed. The index for electricity advanced 0.3 percent for the same period.

From December 2023 to December 2024, the energy index increased 2.0 percent. The rise was largely due to higher prices for natural gas service, (+8.1 percent), but gasoline (+1.6 percent) and electricity (+0.7 percent) also contributed.

All items less food and energy

The index for all items less food and energy rose 0.1 percent in December. Higher prices for owners’ equivalent rent of residences (+0.4 percent), medical care services (+0.3 percent), and rent of primary residence (+0.3 percent) were the top influences on the change. These increases were almost entirely offset by declines, with lower prices for apparel (-2.5 percent) and other goods and services (-0.4 percent) contributing most over the month.

Over the year, the index for all items less food and energy advanced 3.3 percent. Components contributing most to the increase included shelter (+5.5 percent) and medical care services (+2.9 percent). A decrease in the index for new and used motor vehicles (-2.4 percent) led declines.

Table A. Midwest region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2020 2021 2022 2023 2024
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.4 2.5 0.5 1.2 0.8 7.9 0.8 6.0 0.3 2.7

February

0.3 2.1 0.8 1.7 0.9 8.0 0.5 5.6 0.6 2.8

March

-0.5 1.0 0.7 3.0 1.3 8.6 0.6 4.9 0.7 2.8

April

-1.1 -0.4 0.8 4.9 0.5 8.2 0.6 4.9 0.5 2.8

May

0.3 -0.4 1.0 5.6 1.5 8.8 0.3 3.7 0.2 2.7

June

0.8 0.4 1.0 5.8 1.6 9.5 0.4 2.4 0.1 2.5

July

0.5 0.7 0.6 5.9 -0.2 8.6 0.3 2.9 0.5 2.7

August

0.4 1.1 0.2 5.7 -0.2 8.1 0.2 3.4 0.1 2.6

September

0.2 1.3 0.2 5.7 0.2 8.1 0.1 3.2 0.0 2.5

October

-0.1 1.0 0.8 6.6 0.1 7.4 -0.1 2.9 -0.1 2.6

November

-0.2 1.0 0.4 7.3 -0.2 6.8 -0.2 2.9 -0.1 2.6

December

0.1 1.1 0.3 7.5 -0.5 6.0 -0.2 3.2 0.2 3.0

The January 2025 Consumer Price Index for the Midwest Region is scheduled to be released on Wednesday, February 12th, 2025.

Notice Regarding Ceasing Publication of Utility Indexes

With the publication of January 2025 data in February 2025, several indexes and average price series will be discontinued, and one index title will change.

The following CPI indexes will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity
  • Utility (piped) gas (often referred to as natural gas)
  • Energy services
  • Fuels and utilities
  • Household energy

The following CPI average price series will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity per KWH
  • Utility (piped) gas per therm

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 Consumer Price Index for Midwest is published monthly. The set of components and sub-aggregates published for regional and metropolitan indexes is more limited than at the U.S. city average level; these indexes are byproducts of the national CPI program. Each local index has a much smaller sample size than the national or regional indexes and is, therefore, subject to substantially more sampling and other measurement error. As a result, local-area indexes are more volatile than the national or regional indexes. In addition, local indexes are not adjusted for seasonal influences. 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.

Refer to the national CPI news release technical note or the Handbook of Methods for more information.

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
Oct.
2024
Nov.
2024
Dec.
2024
Dec.
2023
Oct.
2024
Nov.
2024

All items

292.291 292.022 292.533 3.0 0.1 0.2

All items (December 1977 = 100)

475.573 475.136 475.968      

Food and beverages

318.321 318.540 318.017 2.0 -0.1 -0.2

Food

319.824 320.020 319.500 2.1 -0.1 -0.2

Food at home

292.313 292.523 291.229 1.5 -0.4 -0.4

Cereals and bakery products

340.597 337.940 337.983 0.7 -0.8 0.0

Meats, poultry, fish, and eggs

317.833 321.733 320.566 2.9 0.9 -0.4

Dairy and related products

248.622 248.624 250.550 2.0 0.8 0.8

Fruits and vegetables

322.683 323.304 322.974 0.9 0.1 -0.1

Nonalcoholic beverages and beverage materials

216.630 216.537 213.591 2.8 -1.4 -1.4

Other food at home

260.329 259.400 257.083 0.4 -1.2 -0.9

Food away from home

365.086 365.247 366.314 3.1 0.3 0.3

Alcoholic beverages

297.157 297.695 297.128 1.2 0.0 -0.2

Housing

294.458 295.121 296.426 4.9 0.7 0.4

Shelter

356.519 357.747 358.975 5.5 0.7 0.3

Rent of primary residence(1)

360.659 362.342 363.549 5.7 0.8 0.3

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

365.170 366.679 368.112 5.6 0.8 0.4

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

365.057 366.568 368.009 5.6 0.8 0.4

Fuels and utilities

273.718 271.150 275.227 3.1 0.6 1.5

Household energy

220.377 217.633 221.988 2.9 0.7 2.0

Energy services(1)

228.252 225.249 229.649 2.9 0.6 2.0

Electricity(1)

238.901 232.112 232.737 0.7 -2.6 0.3

Utility (piped) gas service(1)

190.773 195.008 206.049 8.1 8.0 5.7

Household furnishings and operations

139.550 140.242 140.432 2.0 0.6 0.1

Apparel

125.372 119.990 116.989 1.3 -6.7 -2.5

Transportation

259.922 258.382 259.224 1.4 -0.3 0.3

Private transportation

258.551 256.638 257.643 1.1 -0.4 0.4

New and used motor vehicles(3)

125.003 125.072 125.103 -2.4 0.1 0.0

New vehicles

171.712 171.950 171.976 -0.2 0.2 0.0

New cars and trucks(3)(4)

           

New cars(4)

166.505 166.715 167.102 -0.1 0.4 0.2

Used cars and trucks

179.893 181.134 181.695 -2.6 1.0 0.3

Motor fuel

279.040 265.398 267.142 1.0 -4.3 0.7

Gasoline (all types)

278.599 264.784 266.731 1.6 -4.3 0.7

Gasoline, unleaded regular(4)

269.859 256.117 258.040 1.5 -4.4 0.8

Gasoline, unleaded midgrade(4)(5)

336.405 321.786 323.924 2.6 -3.7 0.7

Gasoline, unleaded premium(4)

322.815 310.586 312.453 3.0 -3.2 0.6

Medical care

560.150 560.810 562.210 2.3 0.4 0.2

Medical care commodities

394.164 393.770 393.832 -0.5 -0.1 0.0

Medical care services

615.184 616.206 618.063 2.9 0.5 0.3

Professional services

474.159 474.695 475.282 2.4 0.2 0.1

Recreation(3)

140.443 141.205 141.364 1.3 0.7 0.1

Education and communication(3)

142.926 142.093 142.210 -0.2 -0.5 0.1

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

1,351.395 1,351.587 1,349.108 2.6 -0.2 -0.2

Other goods and services

559.032 560.147 557.802 5.0 -0.2 -0.4

Commodity and service group

Commodities

216.544 215.103 214.597 0.8 -0.9 -0.2

Commodities less food and beverages

170.644 168.711 168.238 0.1 -1.4 -0.3

Nondurables less food and beverages

221.893 217.475 216.365 1.3 -2.5 -0.5

Durables

120.704 120.568 120.553 -1.3 -0.1 0.0

Services

369.973 370.871 372.400 4.4 0.7 0.4

Special aggregate indexes

All items less shelter

271.642 270.797 271.041 1.8 -0.2 0.1

All items less medical care

279.711 279.394 279.862 3.1 0.1 0.2

Commodities less food

174.457 172.569 172.091 0.1 -1.4 -0.3

Nondurables

268.737 266.372 265.515 1.7 -1.2 -0.3

Nondurables less food

225.874 221.714 220.632 1.2 -2.3 -0.5

Services less rent of shelter(2)

393.211 393.718 395.624 3.0 0.6 0.5

Services less medical care services

351.812 352.703 354.210 4.6 0.7 0.4

Energy

247.821 240.223 243.448 2.0 -1.8 1.3

All items less energy

300.173 300.547 300.826 3.1 0.2 0.1

All items less food and energy

297.672 298.074 298.479 3.3 0.3 0.1

(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 15, 2025