News Release Information

16-1848-KAN
Friday, September 16, 2016

Contacts

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

Consumer Price Index, Midwest Region – August 2016

Prices in the Midwest little changed in August, but 0.6 percent higher over the year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Midwest registered little movement (0.1 percent) in August, following a 0.5-percent decline in July, the U.S. Bureau of Labor Statistics reported today. The indexes for food and energy each rose 0.2 percent, and the all items less food and energy index was little changed (0.1 percent) over the month. (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 advanced 0.6 percent from August 2015 to August 2016. (See chart 1 and table A.) The energy index, which includes motor fuel and household fuels, fell 9.0 percent, and prices for food were virtually unchanged (-0.1 percent). Excluding food and energy, the CPI-U rose 1.8 percent over the year. (See table 1.)

Food

Food prices in the Midwest rose 0.2 percent in August. Higher costs for food at home and for food away from home, each up 0.2 percent, contributed to the monthly advance.

From August 2015 to August 2016, the index for food was little changed (-0.1 percent). Prices for food at home registered their eleventh consecutive over-the-year decrease, down 1.9 percent since August 2015. Costs for food away from home rose 2.6 percent over the year, nearly offsetting the decrease in the food at home index.

Energy

The energy index turned up 0.2 percent in August. Higher costs for utility (piped) gas service (1.5 percent) and electricity (0.4 percent) were partially offset by lower prices for motor fuel (-0.4 percent).

Despite the monthly advance, energy prices fell 9.0 percent from August 2015 to August 2016. Lower costs for motor fuel, down 17.4 percent, were largely responsible for the decline in the energy component. Prices for utility (piped) gas service and electricity, down 1.6 and 0.3 percent, respectively, also contributed to the over-the-year decline.

All items less food and energy

The index for all items less food and energy for the Midwest was little changed (0.1 percent) in August. Expenditure categories registering higher prices over the month included apparel (2.0 percent), owners’ equivalent rent of residences (0.2 percent), and medical care services (0.6 percent). In contrast, new and used motor vehicles (-0.5 percent) and recreation (-0.4 percent) were among the expenditure categories posting lower prices over the month.

The index for all items less food and energy was up 1.8 percent from August 2015 to August 2016. A 2.7-percent rise in shelter costs led the advance. Prices for medical care services had the next largest upward impact with a 4.9-percent increase.

The Midwest Consumer Price Index for All Urban Consumers (CPI-U) stood at 227.101 in August 2016. A typical market basket of goods and services that cost $100.00 in the 1982-84 base period cost $227.10 in August 2016.

CPI-W

In August, the Midwest Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 221.406, up 0.2 percent over the month. The CPI-W increased 0.1 percent over the year.

Table A. Midwest region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2012 2013 2014 2015 2016
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.6 2.8 0.1 1.3 0.5 1.4 -0.6 -0.3 0.3 0.8

February

0.2 2.7 1.1 2.2 0.6 0.9 0.3 -0.5 0.0 0.4

March

1.0 2.8 0.2 1.4 0.9 1.5 0.6 -0.9 0.6 0.5

April

0.2 2.3 -0.1 1.2 0.3 1.9 0.1 -1.1 0.4 0.8

May

-0.1 1.5 0.5 1.8 0.2 1.6 0.4 -0.8 0.4 0.8

June

-0.1 1.4 0.3 2.2 0.5 1.7 0.5 -0.7 0.6 0.8

July

0.0 1.3 -0.4 1.8 -0.3 1.8 0.0 -0.5 -0.5 0.4

August

0.7 1.8 0.1 1.2 -0.2 1.6 0.0 -0.3 0.1 0.6

September

0.3 1.9 0.1 1.0 0.1 1.6 -0.3 -0.8    

October

-0.3 2.2 -0.5 0.8 -0.5 1.6 -0.1 -0.3    

November

-0.4 1.8 -0.2 1.0 -0.6 1.2 -0.5 -0.2    

December

-0.2 1.8 -0.2 1.0 -0.7 0.7 -0.6 0.0    

The September 2016 Consumer Price Index for the Midwest region is scheduled to be released on Tuesday, October 18, 2016.


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 89 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 28 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 87 urban areas across the country from about 6,000 housing units and approximately 24,000 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/homch17_a.htm.

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 areas; 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 (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Jun.
2016
Jul.
2016
Aug.
2016
Aug.
2015
Jun.
2016
Jul.
2016

Expenditure category

 
 

All Items

227.828 226.777 227.101 0.6 -0.3 0.1

All items (December 1977=100)

370.689 368.980 369.506      

Food and beverages

239.963 239.675 240.178 -0.1 0.1 0.2

Food

239.478 239.193 239.736 -0.1 0.1 0.2

Food at home

226.303 225.750 226.294 -1.9 0.0 0.2

Food away from home

261.589 261.764 262.302 2.6 0.3 0.2

Alcoholic beverages

244.428 244.086 244.022 1.0 -0.2 0.0

Housing

217.518 217.823 218.070 1.9 0.3 0.1

Shelter

256.656 256.461 256.634 2.7 0.0 0.1

Rent of primary residence (1)

254.235 254.876 255.594 3.0 0.5 0.3

Owners' equiv. rent of residences (1) (2)

259.216 259.951 260.595 2.9 0.5 0.2

Owners' equiv. rent of primary residence (1) (2)

259.206 259.941 260.584 2.9 0.5 0.2

Fuels and utilities

217.622 221.092 222.530 0.3 2.3 0.7

Household energy

179.174 182.814 184.069 -0.8 2.7 0.7

Energy services (1)

187.236 191.213 192.560 -0.7 2.8 0.7

Electricity (1)

212.924 213.959 214.736 -0.3 0.9 0.4

Utility (piped) gas service (1)

133.708 142.223 144.414 -1.6 8.0 1.5

Household furnishings and operations

114.596 114.496 114.253 -1.4 -0.3 -0.2

Apparel

116.767 113.700 115.994 -0.9 -0.7 2.0

Transportation

198.807 193.405 192.636 -4.9 -3.1 -0.4

Private transportation

192.751 187.884 187.362 -5.1 -2.8 -0.3

New and used motor vehicles (3)

99.176 98.956 98.492 -1.0 -0.7 -0.5

New vehicles

139.739 139.202 138.376 -0.3 -1.0 -0.6

New cars and trucks (3) (4)

98.802 98.363 97.776 -0.5 -1.0 -0.6

New cars (4)

135.564 134.755 134.179 -0.7 -1.0 -0.4

Used cars and trucks

147.087 146.282 145.698 -3.8 -0.9 -0.4

Motor fuel

222.246 199.520 198.802 -17.4 -10.5 -0.4

Gasoline (all types)

221.405 198.498 197.797 -17.4 -10.7 -0.4

Gasoline, unleaded regular (4)

216.066 192.969 192.156 -18.3 -11.1 -0.4

Gasoline, Unleaded midgrade (4) (5)

253.631 229.768 230.962 -14.0 -8.9 0.5

Gasoline, unleaded premium (4)

240.606 220.598 220.799 -12.4 -8.2 0.1

Medical Care

467.459 470.596 473.903 5.0 1.4 0.7

Medical care commodities

377.876 381.059 385.158 5.5 1.9 1.1

Medical care services

497.507 500.615 503.626 4.9 1.2 0.6

Professional services

406.220 405.979 408.263 4.0 0.5 0.6

Recreation (3)

119.718 119.374 118.858 0.8 -0.7 -0.4

Education and communication (3)

140.213 140.204 140.606 0.5 0.3 0.3

Other goods and services

409.344 408.123 408.757 1.5 -0.1 0.2
 

Commodity and Service Group

 
 

All Items

227.828 226.777 227.101 0.6 -0.3 0.1

Commodities

177.969 175.534 175.844 -2.4 -1.2 0.2

Commodities less food & beverages

147.695 144.476 144.699 -3.9 -2.0 0.2

Nondurables less food & beverages

190.727 184.297 185.433 -4.6 -2.8 0.6

Nondurables less food, beverages, and apparel

239.213 230.592 230.994 -5.8 -3.4 0.2

Durables

105.710 105.093 104.623 -2.4 -1.0 -0.4

Services

279.260 279.621 279.960 2.5 0.3 0.1

Rent of shelter (2)

263.726 263.511 263.698 2.8 0.0 0.1

Transportation services

300.346 298.673 297.780 1.9 -0.9 -0.3

Other services

334.538 334.674 334.384 1.8 0.0 -0.1
 

Special aggregate indexes:

 
 

All items less medical care

216.486 215.236 215.418 0.1 -0.5 0.1

All items less food

225.816 224.644 224.932 0.7 -0.4 0.1

All items less shelter

219.678 218.313 218.693 -0.4 -0.4 0.2

Commodities less food

150.754 147.595 147.812 -3.7 -2.0 0.1

Nondurables

215.027 211.494 212.334 -2.2 -1.3 0.4

Nondurables less food

193.554 187.465 188.534 -4.3 -2.6 0.6

Nondurables less food and apparel

238.276 230.428 230.787 -5.2 -3.1 0.2

Services less rent of shelter (2)

312.465 313.473 313.996 2.2 0.5 0.2

Services less medical care services

262.983 263.143 263.287 2.2 0.1 0.1

Energy

198.523 190.806 191.216 -9.0 -3.7 0.2

All items less energy

233.549 233.143 233.462 1.5 0.0 0.1

All items less food and energy

233.182 232.753 233.033 1.8 -0.1 0.1

Commodities less food and energy commodities

145.483 144.519 144.849 -0.7 -0.4 0.2

Energy commodities

220.358 198.588 197.915 -16.9 -10.2 -0.3

Services less energy services

291.114 291.095 291.329 2.7 0.1 0.1

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) Index is 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.
 

Regions defined as the four Census regions. Midwest includes Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.
 

Table 2. Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W): Indexes and percent changes for selected periods

Midwest (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Jun.
2016
Jul.
2016
Aug.
2016
Aug.
2015
Jun.
2016
Jul.
2016

Expenditure category

 
 

All Items

222.224 221.072 221.406 0.1 -0.4 0.2

All items (December 1977=100)

359.385 357.522 358.063      

Food and beverages

239.903 239.622 240.039 -0.4 0.1 0.2

Food

239.419 239.138 239.592 -0.5 0.1 0.2

Food at home

226.964 226.461 226.865 -2.2 0.0 0.2

Food away from home

262.789 262.970 263.522 2.7 0.3 0.2

Alcoholic beverages

246.052 245.769 245.585 1.3 -0.2 -0.1

Housing

212.253 212.846 213.194 1.9 0.4 0.2

Shelter

245.147 245.338 245.692 2.7 0.2 0.1

Rent of primary residence (1)

254.852 255.497 256.212 2.9 0.5 0.3

Owners' equiv. rent of residences (1) (2)

241.628 242.309 242.886 2.9 0.5 0.2

Owners' equiv. rent of primary residence (1) (2)

241.630 242.307 242.884 2.9 0.5 0.2

Fuels and utilities

218.829 222.453 223.637 0.3 2.2 0.5

Household energy

180.001 183.772 184.804 -0.8 2.7 0.6

Energy services (1)

186.752 190.849 191.943 -0.6 2.8 0.6

Electricity (1)

210.695 211.939 212.352 -0.4 0.8 0.2

Utility (piped) gas service (1)

134.736 143.651 145.886 -1.1 8.3 1.6

Household furnishings and operations

112.782 112.444 112.115 -1.9 -0.6 -0.3

Apparel

114.069 110.484 113.349 -2.5 -0.6 2.6

Transportation

196.607 190.781 190.030 -5.9 -3.3 -0.4

Private transportation

192.941 187.372 186.723 -5.9 -3.2 -0.3

New and used motor vehicles (3)

99.467 99.183 98.602 -1.5 -0.9 -0.6

New vehicles

143.092 142.430 141.365 -0.4 -1.2 -0.7

Used cars and trucks

147.690 146.849 146.249 -3.8 -1.0 -0.4

Motor fuel

222.789 199.825 199.157 -17.5 -10.6 -0.3

Gasoline (all types)

221.815 198.700 198.059 -17.5 -10.7 -0.3

Gasoline, unleaded regular (4)

216.279 193.009 192.266 -18.4 -11.1 -0.4

Gasoline, unleaded midgrade (4) (5)

253.730 229.704 230.690 -14.0 -9.1 0.4

Gasoline, unleaded premium (4)

240.356 220.247 220.507 -12.5 -8.3 0.1

Medical Care

472.968 476.383 479.610 5.1 1.4 0.7

Medical care commodities

370.801 374.242 378.151 5.4 2.0 1.0

Medical care services

504.633 508.003 510.954 5.0 1.3 0.6

Professional services

408.624 408.334 410.364 4.2 0.4 0.5

Recreation (3)

115.518 115.159 114.845 0.7 -0.6 -0.3

Education and communication (3)

132.049 132.050 132.347 0.4 0.2 0.2

Other goods and services

456.608 455.535 456.055 1.7 -0.1 0.1
 

Commodity and Service Group

 
 

All Items

222.224 221.072 221.406 0.1 -0.4 0.2

Commodities

180.938 177.939 178.186 -2.9 -1.5 0.1

Commodities less food & beverages

152.032 148.055 148.227 -4.7 -2.5 0.1

Nondurables less food & beverages

199.016 190.890 192.002 -5.7 -3.5 0.6

Nondurables less food, beverages, and apparel

251.021 240.192 240.383 -6.7 -4.2 0.1

Durables

108.071 107.350 106.834 -2.7 -1.1 -0.5

Services

271.281 272.060 272.495 2.4 0.4 0.2

Rent of shelter (2)

243.545 243.725 244.090 2.8 0.2 0.1

Transportation services

299.874 299.976 299.280 2.3 -0.2 -0.2

Other services

308.960 309.153 309.081 1.6 0.0 0.0
 

Special aggregate indexes:

 
 

All items less medical care

212.613 211.286 211.510 -0.3 -0.5 0.1

All items less food

218.728 217.440 217.754 0.2 -0.4 0.1

All items less shelter

216.470 214.827 215.158 -0.9 -0.6 0.2

Commodities less food

154.898 150.984 151.149 -4.5 -2.4 0.1

Nondurables

219.821 215.394 216.180 -2.9 -1.7 0.4

Nondurables less food

201.421 193.683 194.730 -5.3 -3.3 0.5

Nondurables less food and apparel

249.047 239.082 239.244 -6.1 -3.9 0.1

Services less rent of shelter (2)

276.344 277.693 278.164 2.1 0.7 0.2

Services less medical care services

255.848 256.467 256.748 2.1 0.4 0.1

Energy

199.092 190.453 190.692 -9.7 -4.2 0.1

All items less energy

226.964 226.692 227.041 1.3 0.0 0.2

All items less food and energy

224.631 224.361 224.690 1.6 0.0 0.1

Commodities less food and energy commodities

148.736 147.598 147.893 -1.1 -0.6 0.2

Energy commodities

220.984 199.035 198.420 -17.3 -10.2 -0.3

Services less energy services

282.517 282.895 283.252 2.7 0.3 0.1

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) Index is on a December 1984=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.
 

Regions defined as the four Census regions. Midwest includes Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.
 

 

Last Modified Date: Friday, September 16, 2016