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16-1321-KAN
Friday, July 15, 2016

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Consumer Price Index, St. Louis – First Half 2016

Prices increased 0.6 percent from the first half of 2015 to the first half of 2016

The Consumer Price Index for All Urban Consumers (CPI-U) for the St. Louis, Mo.-Ill., metropolitan area increased 0.6 percent from the first half of 2015 to the first half of 2016, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Stanley W. Suchman noted that higher shelter costs (3.2 percent) had the largest upward impact on the index, while lower motor fuel prices (-18.2 percent) had the greatest downward influence on the index. Overall, energy costs fell 11.3 percent, food prices were little changed (-0.1 percent), and the all items less food and energy index rose 1.9 percent over the year.

 

Food

Food prices registered little movement (-0.1 percent) from the first half of 2015 to the first half of 2016. Costs for food away from home rose 1.8 percent, while prices for food at home declined 1.4 percent. During the same period one year ago, these indexes rose 3.9 and 0.3 percent, respectively.

Energy

The energy index, which includes motor fuel and household fuels, declined 11.3 percent from the first half of 2015 to the first half of 2016, after decreasing 16.1 percent in the same period one year ago. Falling prices for motor fuel (-18.2 percent) were largely responsible for the decline in the energy component. Lower costs for utility (piped) gas service (-11.1 percent) and electricity (-1.8 percent) also contributed to the decrease. During the same period one year ago, motor fuel costs fell 29.7 percent, prices for utility (piped) gas service declined 1.6 percent, and electricity costs rose 5.2 percent.

All items less food and energy

The index for all items less food and energy rose 1.9 percent from the first half of 2015 to the first half of 2016, following an increase of 0.6 percent in the same period one year ago. Among the expenditure categories posting higher costs were shelter (3.2 percent) and medical care (3.3 percent). In contrast, the indexes for household furnishings and operations (-1.9 percent) and education and communication (-0.4 percent) were among the components that registered lower prices over the year.

The St. Louis CPI-U stood at 219.792 for the first half of 2016. This means that a market basket of goods and services that cost $100.00 in the 1982-84 base period cost $219.79 in the first half of 2016. Because metropolitan area CPI data are not adjusted for seasonal price variation, consumers and businesses should be cautious in drawing conclusions about long-term retail price trends from short-term changes in the metropolitan area indexes.

CPI-W

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the St. Louis, Mo.-Ill., metropolitan area for the first half of 2016 was 217.752. The CPI-W increased 0.2 percent from the first half of 2015 to the first half of 2016.

The Consumer Price Index for the Second Half of 2016 is scheduled to be released in January 2017.


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 St. Louis, Mo.-Ill., area covered in this release includes Clinton, Jersey, Madison, Monroe, and St. Clair Counties in Illinois; and Crawford (part), Franklin, Jefferson, Lincoln, St. Charles, St. Louis, and Warren Counties and St. Louis City in Missouri.

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 for semiannual averages and percent changes for selected periods

St. Louis, MO-IL (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
1st half 2016 from-
1st half
2015
2nd half
2015
1st half
2016
1st half
2015
2nd half
2015

Expenditure category

 
 

All Items

218.543 220.100 219.792 0.6 -0.1

All items (1967=100)

649.109 653.732 652.820    

Food and beverages

246.906 248.553 246.670 -0.1 -0.8

Food

246.281 248.015 246.030 -0.1 -0.8

Food at home

230.911 232.222 227.704 -1.4 -1.9

Food away from home

271.495 273.942 276.302 1.8 0.9

Alcoholic beverages

228.032 228.278 226.522 -0.7 -0.8

Housing

208.155 212.305 211.700 1.7 -0.3

Shelter

240.275 243.064 247.917 3.2 2.0

Rent of primary residence (1)

218.026 222.150 224.959 3.2 1.3

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

248.729 252.310 256.958 3.3 1.8

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

248.729 252.310 256.958 3.3 1.8

Fuels and utilities

207.325 224.359 200.024 -3.5 -10.8

Household energy

187.706 206.411 178.321 -5.0 -13.6

Energy services (1)

191.633 211.955 182.239 -4.9 -14.0

Electricity (1)

196.229 232.743 192.747 -1.8 -17.2

Utility (piped) gas service (1)

155.966 147.123 138.714 -11.1 -5.7

Household furnishings and operations

122.936 122.984 120.658 -1.9 -1.9

Apparel

152.607 151.959 152.559 0.0 0.4

Transportation

186.351 184.691 181.623 -2.5 -1.7

Private transportation

185.532 183.828 180.755 -2.6 -1.7

Motor fuel

228.602 212.959 186.966 -18.2 -12.2

Gasoline (all types)

224.821 209.495 184.067 -18.1 -12.1

Gasoline, unleaded regular (3)

217.906 202.077 176.594 -19.0 -12.6

Gasoline, unleaded midgrade (3) (4)

260.957 246.028 219.689 -15.8 -10.7

Gasoline, unleaded premium (3)

223.376 214.233 193.375 -13.4 -9.7

Medical Care

399.380 401.228 412.710 3.3 2.9

Recreation (5)

117.536 117.248 118.193 0.6 0.8

Education and communication (5)

139.860 139.737 139.237 -0.4 -0.4

Other goods and services

308.338 304.807 307.519 -0.3 0.9
 

Commodity and Service Group

 
 

All Items

218.543 220.100 219.792 0.6 -0.1

Commodities

186.043 185.054 182.727 -1.8 -1.3

Commodities less food & beverages

155.198 153.069 150.430 -3.1 -1.7

Nondurables less food & beverages

207.564 202.308 196.996 -5.1 -2.6

Durables

106.677 107.026 106.524 -0.1 -0.5

Services

252.726 256.731 258.295 2.2 0.6
 

Special aggregate indexes:

 
 

All items less medical care

209.540 211.084 210.169 0.3 -0.4

All items less shelter

212.836 213.958 211.756 -0.5 -1.0

Commodities less food

158.516 156.441 153.810 -3.0 -1.7

Nondurables

227.570 225.747 222.231 -2.3 -1.6

Nondurables less food

210.198 205.260 200.155 -4.8 -2.5

Services less rent of shelter (2)

272.415 277.832 275.960 1.3 -0.7

Services less medical care services

239.336 243.256 243.854 1.9 0.2

Energy

206.259 210.377 183.038 -11.3 -13.0

All items less energy

222.594 223.934 226.126 1.6 1.0

All items less food and energy

218.738 220.008 222.856 1.9 1.3

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 November 1982=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1997=100 base.
 

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

St. Louis, MO-IL (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
1st half 2016 from-
1st half
2015
2nd half
2015
1st half
2016
1st half
2015
2nd half
2015

Expenditure category

 
 

All Items

217.378 218.965 217.752 0.2 -0.6

All items (1967=100)

639.536 644.208 640.638    

Food and beverages

248.840 250.198 248.007 -0.3 -0.9

Food

248.874 250.285 247.810 -0.4 -1.0

Food at home

234.541 235.337 230.428 -1.8 -2.1

Food away from home

272.137 274.725 277.291 1.9 0.9

Alcoholic beverages

220.780 221.206 218.918 -0.8 -1.0

Housing

210.898 215.727 214.305 1.6 -0.7

Shelter

241.044 244.102 248.531 3.1 1.8

Rent of primary residence (1)

218.026 222.150 224.959 3.2 1.3

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

227.871 231.152 235.410 3.3 1.8

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

227.871 231.152 235.410 3.3 1.8

Fuels and utilities

211.486 229.973 204.211 -3.4 -11.2

Household energy

190.492 210.628 181.254 -4.8 -13.9

Energy services (1)

195.253 216.760 186.006 -4.7 -14.2

Electricity (1)

196.228 232.742 192.746 -1.8 -17.2

Utility (piped) gas service (1)

155.967 147.123 138.714 -11.1 -5.7

Household furnishings and operations

115.077 115.028 112.872 -1.9 -1.9

Apparel

147.737 146.655 145.521 -1.5 -0.8

Transportation

189.723 187.959 184.337 -2.8 -1.9

Private transportation

188.382 186.574 182.842 -2.9 -2.0

Motor fuel

228.574 212.909 186.719 -18.3 -12.3

Gasoline (all types)

224.822 209.496 184.067 -18.1 -12.1

Gasoline, unleaded regular (3)

217.895 202.067 176.586 -19.0 -12.6

Gasoline, unleaded midgrade (3) (4)

260.957 246.028 219.689 -15.8 -10.7

Gasoline, unleaded premium (3)

223.387 214.243 193.384 -13.4 -9.7

Medical Care

401.564 403.190 415.611 3.5 3.1

Recreation (5)

120.230 119.576 120.146 -0.1 0.5

Education and communication (5)

133.124 133.146 132.685 -0.3 -0.3

Other goods and services

325.548 325.308 328.892 1.0 1.1
 

Commodity and Service Group

 
 

All Items

217.378 218.965 217.752 0.2 -0.6

Commodities

189.566 188.524 185.443 -2.2 -1.6

Commodities less food & beverages

159.973 157.871 154.357 -3.5 -2.2

Nondurables less food & beverages

205.189 199.641 192.428 -6.2 -3.6

Durables

115.249 115.782 115.185 -0.1 -0.5

Services

251.190 255.715 256.547 2.1 0.3
 

Special aggregate indexes:

 
 

All items less medical care

209.817 211.401 209.672 -0.1 -0.8

All items less shelter

211.025 212.139 209.064 -0.9 -1.4

Commodities less food

162.637 160.593 157.107 -3.4 -2.2

Nondurables

226.598 224.554 219.950 -2.9 -2.1

Nondurables less food

206.927 201.725 194.836 -5.8 -3.4

Services less rent of shelter (2)

251.031 256.855 254.055 1.2 -1.1

Services less medical care services

238.280 242.739 242.689 1.9 0.0

Energy

205.283 208.399 180.811 -11.9 -13.2

All items less energy

221.083 222.520 224.187 1.4 0.7

All items less food and energy

215.377 216.821 219.255 1.8 1.1

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 November 1984=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1997=100 base.
 

 

Last Modified Date: Friday, July 15, 2016