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News Release Information

22-2211-CHI
Tuesday, November 22, 2022

Contacts Technical information: Media contact:
  • (312) 353-1138

Consumer Price Index, Chicago-Naperville-Elgin area – October 2022

Prices in the Chicago-Naperville-Elgin area, 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.) Regional Commissioner Jason Palmer noted that the energy index was down 0.6 percent, while the food index was unchanged in October. The all items less food and energy index rose 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 increased 7.7 percent. (See chart 1 and table A.) The index for all items less food and energy increased 6.1 percent over the year. Energy prices rose 21.4 percent, largely the result of an increase in the price of utility (piped) gas service. Food prices rose 9.3 percent. (See table 1.)


Food

Food prices were unchanged for the month of October. Prices for food at home (groceries) declined 0.1 percent, and prices for food away from home (restaurant, cafeteria, and vending purchases) rose 0.1 percent for the same period.

Over the year, food prices rose 9.3 percent. Prices for food at home rose 10.0 percent since a year ago, and prices for food away from home rose 7.8 percent.

Energy

The energy index declined 0.6 percent over the month The decrease was mainly due to lower prices for electricity (-11.6 percent). Prices for gasoline increased 4.5 percent, while prices for utility (piped) gas service decreased 0.7 percent for the same period.

Energy prices increased 21.4 percent over the year, largely due to higher prices for utility (piped) gas service (44.3 percent). Prices paid for gasoline increased 24.1 percent, while prices for electricity decreased 7.7 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.2 percent in October. Higher prices for shelter (1.0 percent) and recreation (1.4 percent) were partially offset by lower prices for apparel (-2.7 percent) and education and communication (-1.0 percent).

Over the year, the index for all items less food and energy increased 6.1 percent. Components contributing to the increase included shelter (6.2 percent), new and used motor vehicles (9.2 percent), and recreation (10.3 percent). Partly offsetting the increases was a price decrease in education and communication (-1.8 percent).

Table A. Chicago-Naperville-Elgin, IL-IN-WI, CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month20182019202020212022
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.81.80.60.80.92.60.70.70.96.8

February

0.01.60.61.40.02.00.61.20.87.1

March

0.01.80.11.5-0.71.10.62.61.47.8

April

0.72.1-0.10.8-0.90.31.04.60.47.2

May

0.42.30.81.21.00.41.04.71.88.0

June

-0.22.2-0.41.00.31.10.44.71.3(r)8.9(r)

July

-0.31.90.31.60.21.00.44.9-0.2(r)8.4(r)

August

0.11.70.21.60.11.00.14.80.1(r)8.3(r)

September

0.41.60.21.40.61.40.34.50.2(r)8.2(r)

October

0.02.00.31.8-0.11.00.75.30.1(r)7.7(r)

November

-0.61.0-0.22.2-0.40.80.26.0

December

-0.31.1-0.22.2-0.20.90.46.6

Footnotes:
(r) Revised

The November 2022 Consumer Price Index for the Chicago-Naperville-Elgin area 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 Chicago-Naperville-Elgin, IL-IN-WI, Core Based Statistical Area covered in this release is comprised of Cook, DeKalb, DuPage, Grundy, Kane, Kendall, Lake, McHenry, and Will Counties in Illinois; Jasper, Lake, Newton, and Porter Counties in Indiana; and Kenosha County in 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
Chicago-Naperville-Elgin, IL-IN-WI (1982-84=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Aug.
2022
Sep.
2022
Oct.
2022
Oct.
2021
Aug.
2022
Sep.
2022

Expenditure category

All items

(r)277.454(r)278.030278.4157.7(r)0.3(r)0.1

All items (1967=100)

(r)828.917(r)830.638831.789---

Food and beverages

305.319306.514307.0409.20.60.2

Food

306.927307.977307.9479.30.30.0

Food at home

285.633285.822285.58310.00.0-0.1

Cereals and bakery products

319.626319.882320.57712.40.30.2

Meats, poultry, fish and eggs

314.075313.629311.6438.9-0.8-0.6

Dairy and related products

257.708255.628264.61115.42.73.5

Fruits and vegetables

356.083352.283347.0895.8-2.5-1.5

Nonalcoholic beverages and beverage materials(1)

237.260242.010240.1299.61.2-0.8

Other food at home

230.227231.212231.72811.10.70.2

Food away from home

327.905330.652331.0527.81.00.1

Alcoholic beverages

280.807284.272293.5368.34.53.3

Housing

(r)291.956(r)293.130293.9567.6(r)0.7(r)0.3

Shelter

356.626359.095362.7076.21.71.0

Rent of primary residence(2)

377.091379.085383.0555.91.61.0

Owners' equiv. rent of residences(2)(3)

366.013368.438372.8716.41.91.2

Owners' equiv. rent of primary residence(2)(3)

366.013368.438372.8716.41.91.2

Fuels and utilities

(r)292.466(r)292.341280.29715.9(r)-4.2(r)-4.1

Household energy

(r)242.430(r)241.570229.26819.1(r)-5.4(r)-5.1

Energy services(2)

(r)247.352(r)246.452233.85419.1(r)-5.5(r)-5.1

Electricity(2)

(r)171.447(r)171.507151.598-7.7(r)-11.6(r)-11.6

Utility (piped) gas service(2)

333.602331.501329.02944.3-1.4-0.7

Household furnishings and operations

109.107108.224108.6788.7-0.40.4

Apparel

91.42392.46589.9565.8-1.6-2.7

Transportation

239.716236.086237.82313.1-0.80.7

Private transportation

241.520237.148240.30113.3-0.51.3

New and used motor vehicles(4)

121.888121.333120.4509.2-1.2-0.7

New vehicles(1)

210.580211.861212.52913.00.90.3

Used cars and trucks(1)

409.782393.330384.6732.4-6.1-2.2

Motor fuel

395.810367.540383.88224.3-3.04.4

Gasoline (all types)

391.615363.541379.78424.1-3.04.5

Gasoline, unleaded regular(5)

379.068351.396367.48024.2-3.14.6

Gasoline, unleaded midgrade(5)(6)

427.038399.924413.15224.5-3.33.3

Gasoline, unleaded premium(5)

406.275383.288395.97522.9-2.53.3

Medical care

540.531546.894544.4243.00.7-0.5

Recreation(4)

123.405124.488126.18510.32.31.4

Education and communication(4)

140.838140.525139.080-1.8-1.2-1.0

Tuition, other school fees, and childcare(1)

1,238.0831,238.3731,239.5020.50.10.1

Other goods and services

434.817442.807441.3026.11.5-0.3

Commodity and service group

All items

(r)277.454(r)278.030278.4157.7(r)0.3(r)0.1

Commodities

203.360201.860202.0608.7-0.60.1

Commodities less food and beverages

152.852150.509150.5798.3-1.50.0

Nondurables less food and beverages

206.671202.934204.74710.9-0.90.9

Durables

104.162102.885101.9665.9-2.1-0.9

Services

(r)345.939(r)348.895349.4727.0(r)1.0(r)0.2

Special aggregate indexes

All items less medical care

(r)266.439(r)266.739267.2658.1(r)0.3(r)0.2

All items less shelter

(r)250.412(r)250.380249.7328.4(r)-0.3(r)-0.3

Commodities less food

157.665155.411155.6758.3-1.30.2

Nondurables

256.150254.739255.9549.9-0.10.5

Nondurables less food

211.878208.489210.70010.7-0.61.1

Services less rent of shelter(3)

(r)351.797(r)355.391352.5807.8(r)0.2(r)-0.8

Services less medical care services

(r)330.507(r)333.075333.9337.4(r)1.0(r)0.3

Energy

(r)301.541(r)290.506288.71721.4(r)-4.3(r)-0.6

All items less energy

278.257279.823280.3976.60.80.2

All items less food and energy

273.983275.652276.3416.10.90.2

Footnotes
(1) Index on a December 1977=100 base.
(2) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(3) Index on a December 1982=100 base.
(4) Indexes on a December 1997=100 base.
(5) Special index based on a substantially smaller sample.
(6) Index on a December 1993=100 base.
(r) Revised

- Data not available.
Note: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.

 

Last Modified Date: Tuesday, November 22, 2022