An official website of the United States government
21-1297-NEW
Tuesday, July 13, 2021
Prices in the New York-Newark-Jersey City area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose 1.0 percent in June, following increases of 0.5 percent in May and 0.7 percent in April, the U.S. Bureau of Labor Statistics reported today. Chief Regional Economist Martin Kohli noted that the advance was influenced by higher prices for all items less food and energy. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)
Over-the-year, the CPI-U rose 4.1 percent. (See chart 1 and table A.) June marked the first month since October 2008 that the 12-month percent increase exceeded 4.0 percent. Energy prices climbed 16.8 percent, largely the result of an increase in the price of gasoline. Food prices increased 1.8 percent. The index for all items less food and energy rose 3.7 percent. (See table 1.)
FoodFood prices increased 0.8 percent for the month of June. Prices for food at home rose 0.9 percent. Four of the six grocery categories had price increases, with the largest increase in the meats, poultry, fish and eggs category (3.9 percent). Prices for food away from home increased 0.6 percent.
For the year ended in June 2021, food prices advanced 1.8 percent. Prices for food at home edged up 0.2 percent, while prices for food away from home rose 3.7 percent.
EnergyThe energy index rose 2.8 percent over the month. The increase was mainly due to higher prices for household energy (3.6 percent). Prices for electricity rose 3.7 percent; prices for natural gas increased 3.1 percent, following three consecutive declines. Gasoline prices rose 1.8 in June, after increasing 4.2 percent in May.
Over the year, energy prices rose 16.8 percent, largely due to a 40.1-percent climb in gasoline prices. Prices paid for natural gas service advanced 7.6 percent, while prices for electricity declined 0.4 percent.
All items less food and energyThe index for all items less food and energy advanced 0.9 percent in June. Higher prices were reported for new and used motor vehicles (7.3 percent) and recreation (2.8 percent). Prices for shelter rose 0.5 percent, the largest increase since January 2020. Lower prices for medical care (-0.5 percent) and a seasonal decline in apparel prices (-0.7 percent) partially offset the increases.
From June 2020 to June 2021, the index for all items less food and energy rose 3.7 percent. Components with over-the-year increases included new and used motor vehicles (20.9 percent), shelter (1.8 percent), and apparel (10.6 percent). Within shelter, owners’ equivalent rent rose 1.0 percent, and residential rent ticked up 0.1 percent.
Month | 2017 | 2018 | 2019 | 2020 | 2021 | |||||
---|---|---|---|---|---|---|---|---|---|---|
1-month | 12-month | 1-month | 12-month | 1-month | 12-month | 1-month | 12-month | 1-month | 12-month | |
January |
0.6 | 2.5 | 0.4 | 1.4 | 0.5 | 1.6 | 0.8 | 2.5 | 0.4 | 1.2 |
February |
0.3 | 2.6 | 0.5 | 1.7 | 0.2 | 1.3 | 0.2 | 2.4 | 0.3 | 1.4 |
March |
0.0 | 2.3 | 0.0 | 1.7 | 0.3 | 1.6 | -0.2 | 2.0 | 0.4 | 2.0 |
April |
0.1 | 2.0 | 0.3 | 1.9 | 0.3 | 1.6 | -0.5 | 1.1 | 0.7 | 3.2 |
May |
0.1 | 1.8 | 0.4 | 2.2 | 0.2 | 1.5 | 0.5 | 1.4 | 0.5 | 3.2 |
June |
0.2 | 1.8 | 0.1 | 2.0 | 0.3 | 1.7 | 0.1 | 1.3 | 1.0 | 4.1 |
July |
-0.2 | 1.6 | 0.0 | 2.2 | 0.0 | 1.7 | 0.5 | 1.7 | ||
August |
0.2 | 1.7 | 0.1 | 2.2 | 0.2 | 1.8 | -0.1 | 1.4 | ||
September |
0.5 | 2.1 | 0.4 | 2.0 | 0.0 | 1.4 | 0.4 | 1.9 | ||
October |
-0.2 | 1.8 | -0.1 | 2.0 | 0.0 | 1.5 | -0.2 | 1.7 | ||
November |
-0.1 | 1.6 | -0.2 | 1.9 | 0.1 | 1.8 | -0.3 | 1.4 | ||
December |
0.1 | 1.6 | -0.2 | 1.6 | 0.1 | 2.2 | 0.4 | 1.6 |
The July 2021 Consumer Price Index for the New York-Newark-Jersey City area is scheduled to be released on Wednesday, August 11, 2021, at 8:30 a.m. (ET).
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 June 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-price-index.htm.
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 New York-Newark-Jersey City, NY-NJ-PA Core Based Statistical Area includes Bronx, Dutchess, Kings, Nassau, New York, Orange, Putnam, Queens, Richmond, Rockland, Suffolk, and Westchester Counties in New York; Bergen, Essex, Hudson, Hunterdon, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, and Union Counties in New Jersey; and Pike County in Pennsylvania.
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.
Item and Group | Indexes | Percent change from- | ||||
---|---|---|---|---|---|---|
April 2021 |
May 2021 |
June 2021 |
June 2020 |
April 2021 |
May 2021 |
|
Expenditure category |
||||||
All items |
289.493 | 290.991 | 293.872 | 4.1 | 1.5 | 1.0 |
All items (1967=100) |
836.885 | 841.216 | 849.543 | |||
Food and beverages |
287.011 | 286.955 | 289.062 | 1.8 | 0.7 | 0.7 |
Food |
287.250 | 287.277 | 289.528 | 1.8 | 0.8 | 0.8 |
Food at home |
271.550 | 271.019 | 273.446 | 0.2 | 0.7 | 0.9 |
Cereals and bakery products |
315.173 | 313.059 | 305.328 | -4.5 | -3.1 | -2.5 |
Meats, poultry, fish, and eggs |
274.012 | 275.305 | 286.111 | 1.9 | 4.4 | 3.9 |
Dairy and related products |
241.696 | 239.570 | 242.056 | -0.2 | 0.1 | 1.0 |
Fruits and vegetables |
341.386 | 339.627 | 339.105 | 0.1 | -0.7 | -0.2 |
Nonalcoholic beverages and beverage materials(1) |
268.312 | 266.678 | 267.008 | 0.7 | -0.5 | 0.1 |
Other food at home |
235.774 | 236.062 | 237.801 | 1.2 | 0.9 | 0.7 |
Food away from home |
317.349 | 318.164 | 320.230 | 3.7 | 0.9 | 0.6 |
Alcoholic beverages |
278.888 | 277.704 | 277.787 | 2.5 | -0.4 | 0.0 |
Housing |
312.728 | 313.864 | 316.315 | 2.5 | 1.1 | 0.8 |
Shelter |
395.644 | 396.656 | 398.824 | 1.8 | 0.8 | 0.5 |
Rent of primary residence |
408.794 | 408.391 | 408.583 | 0.1 | -0.1 | 0.0 |
Owners' equivalent rent of residences(2) |
403.234 | 403.677 | 404.330 | 1.0 | 0.3 | 0.2 |
Owners' equivalent rent of primary residence(2) |
402.735 | 403.177 | 403.829 | 1.0 | 0.3 | 0.2 |
Fuels and utilities |
201.608 | 203.536 | 209.964 | 4.5 | 4.1 | 3.2 |
Household energy |
190.667 | 192.869 | 199.716 | 4.6 | 4.7 | 3.6 |
Energy services |
184.739 | 186.784 | 193.393 | 1.9 | 4.7 | 3.5 |
Electricity |
185.167 | 189.853 | 196.959 | -0.4 | 6.4 | 3.7 |
Utility (piped) gas service |
171.113 | 167.704 | 172.855 | 7.6 | 1.0 | 3.1 |
Household furnishings and operations |
116.919 | 117.974 | 118.934 | 8.2 | 1.7 | 0.8 |
Apparel |
124.678 | 125.626 | 124.798 | 10.6 | 0.1 | -0.7 |
Transportation |
233.736 | 239.716 | 246.962 | 16.1 | 5.7 | 3.0 |
Private transportation |
227.887 | 231.454 | 240.305 | 19.2 | 5.4 | 3.8 |
New and used motor vehicles(3) |
103.688 | 105.142 | 112.830 | 20.9 | 8.8 | 7.3 |
New vehicles(1) |
213.183 | 212.325 | 215.041 | 3.7 | 0.9 | 1.3 |
Used cars and trucks(1) |
324.917 | 346.261 | 383.799 | 45.3 | 18.1 | 10.8 |
Motor fuel |
231.080 | 240.649 | 245.017 | 39.7 | 6.0 | 1.8 |
Gasoline (all types) |
230.269 | 239.911 | 244.273 | 40.1 | 6.1 | 1.8 |
Gasoline, unleaded regular(4) |
228.945 | 239.048 | 243.384 | 41.8 | 6.3 | 1.8 |
238.882 | 247.797 | 252.773 | 31.7 | 5.8 | 2.0 | |
Gasoline, unleaded premium(4) |
241.999 | 248.008 | 252.512 | 28.9 | 4.3 | 1.8 |
Motor vehicle insurance(1) |
777.234 | 777.224 | 777.224 | 4.1 | 0.0 | 0.0 |
Medical care |
536.584 | 537.225 | 534.576 | -0.3 | -0.4 | -0.5 |
Recreation(3) |
130.753 | 130.743 | 134.423 | 3.8 | 2.8 | 2.8 |
Education and communication(3) |
151.253 | 151.377 | 152.071 | 2.9 | 0.5 | 0.5 |
Tuition, other school fees, and child care(1) |
1,272.387 | 1,274.893 | 1,278.436 | 1.6 | 0.5 | 0.3 |
Other goods and services |
449.590 | 449.505 | 451.073 | 2.6 | 0.3 | 0.3 |
Commodity and service group |
||||||
All items |
289.493 | 290.991 | 293.872 | 4.1 | 1.5 | 1.0 |
Commodities |
199.643 | 201.131 | 203.246 | 7.2 | 1.8 | 1.1 |
Commodities less food and beverages |
147.839 | 149.932 | 151.919 | 12.3 | 2.8 | 1.3 |
Nondurables less food and beverages |
185.512 | 188.274 | 188.302 | 11.7 | 1.5 | 0.0 |
Durables |
99.179 | 100.462 | 103.994 | 13.3 | 4.9 | 3.5 |
Services |
364.959 | 366.507 | 370.043 | 2.8 | 1.4 | 1.0 |
Special aggregate indexes |
||||||
All items less medical care |
278.764 | 280.296 | 283.405 | 4.5 | 1.7 | 1.1 |
All items less shelter |
247.366 | 249.056 | 252.220 | 5.6 | 2.0 | 1.3 |
Commodities less food |
152.689 | 154.697 | 156.639 | 11.8 | 2.6 | 1.3 |
Nondurables |
237.337 | 238.782 | 239.814 | 5.8 | 1.0 | 0.4 |
Nondurables less food |
191.117 | 193.653 | 193.684 | 10.9 | 1.3 | 0.0 |
Services less rent of shelter(2) |
343.048 | 345.127 | 350.162 | 4.1 | 2.1 | 1.5 |
Services less medical care services |
349.744 | 351.360 | 355.208 | 3.1 | 1.6 | 1.1 |
Energy |
208.610 | 213.605 | 219.623 | 16.8 | 5.3 | 2.8 |
All items less energy |
299.431 | 300.654 | 303.305 | 3.4 | 1.3 | 0.9 |
All items less food and energy |
303.634 | 305.062 | 307.797 | 3.7 | 1.4 | 0.9 |
Footnotes |
Last Modified Date: Tuesday, July 13, 2021