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News Release Information

22-1155-CHI
Friday, June 10, 2022

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

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

Area prices were up 1.8 percent over the past month, up 8.0 percent from a year ago

Prices in the Chicago-Naperville-Elgin area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 1.8 percent in May, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Jason Palmer noted that the food index increased 1.0 percent, and the energy index rose 13.2 percent in May. The all items less food and energy index advanced 0.7 percent. Within the all items less food and energy category, prices were higher over the month for public transportation and shelter. (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 rose 8.0 percent. (See chart 1 and table A.)  The index for all items less food and energy advanced 4.7 percent over the year. The energy index was up 39.4 percent, largely the result of an increase in gasoline prices. Food prices rose 10.9 percent. (See table 1.)


Food

Food prices increased 1.0 percent for the month of May. (See table 1.) Prices for food at home (groceries) rose 0.9 percent as five of the six major grocery store food group indexes increased over the month. Categories increasing included cereals and bakery products (3.9 percent) and dairy and related products (5.4 percent). The index for fruits and vegetables fell 3.8 percent. Prices for food away from home (restaurant, cafeteria, and vending purchases) were up 1.2 percent for the same period.

Over the year, food prices increased 10.9 percent. Prices for food at home advanced 11.8 percent since a year ago. Among the grocery food categories, the index for meats, poultry, fish, and eggs increased 16.6 percent and the index for other food at home (includes sugar, sweets, fats, and oils, for example) was up 12.1 percent over the year. Prices for food away from home were up 8.9 percent compared to May 2021.

Energy

The energy index increased 13.2 percent over the month. The increase was mainly due to higher prices for utility (piped) gas service (30.1 percent) and gasoline (10.7 percent). The index for electricity increased 1.4 percent for the same period.

Energy prices increased 39.4 percent over the year, largely due to higher gasoline prices (50.3 percent). Prices paid for utility (piped) gas service advanced 53.0 percent, and electricity prices rose 8.6 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 0.7 percent in May. Higher prices for public transportation and shelter (0.5 percent) contributed to the increase.

Over the year, the index for all items less food and energy advanced 4.7 percent. Components contributing to the increase included shelter (4.4 percent) and new and used motor vehicles (13.7 percent).

Table A. Chicago-Naperville-Elgin, IL-IN-WI, CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2018 2019 2020 2021 2022
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.8 1.8 0.6 0.8 0.9 2.6 0.7 0.7 0.9 6.8

February

0.0 1.6 0.6 1.4 0.0 2.0 0.6 1.2 0.8 7.1

March

0.0 1.8 0.1 1.5 -0.7 1.1 0.6 2.6 1.4 7.8

April

0.7 2.1 -0.1 0.8 -0.9 0.3 1.0 4.6 0.4 7.2

May

0.4 2.3 0.8 1.2 1.0 0.4 1.0 4.7 1.8 8.0

June

-0.2 2.2 -0.4 1.0 0.3 1.1 0.4 4.7

July

-0.3 1.9 0.3 1.6 0.2 1.0 0.4 4.9

August

0.1 1.7 0.2 1.6 0.1 1.0 0.1 4.8

September

0.4 1.6 0.2 1.4 0.6 1.4 0.3 4.5

October

0.0 2.0 0.3 1.8 -0.1 1.0 0.7 5.3

November

-0.6 1.0 -0.2 2.2 -0.4 0.8 0.2 6.0

December

-0.3 1.1 -0.2 2.2 -0.2 0.9 0.4 6.6

The June 2022 Consumer Price Index for the Chicago-Naperville-Elgin area is scheduled to be released on July 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

Indexes Percent change from-
Mar.
2022
Apr.
2022
May
2022
May
2021
Mar.
2022
Apr.
2022

Expenditure category

All items

268.417 269.569 274.301 8.0 2.2 1.8

All items (1967=100)

801.917 805.360 819.498 - - -

Food and beverages

293.398 297.030 299.982 10.4 2.2 1.0

Food

294.405 298.418 301.455 10.9 2.4 1.0

Food at home

274.477 278.706 281.208 11.8 2.5 0.9

Cereals and bakery products

301.851 303.393 315.175 12.2 4.4 3.9

Meats, poultry, fish and eggs

305.735 311.622 317.170 16.6 3.7 1.8

Dairy and related products

242.656 244.701 257.865 13.0 6.3 5.4

Fruits and vegetables

354.147 351.955 338.631 4.5 -4.4 -3.8

Nonalcoholic beverages and beverage materials(1)

229.551 234.646 235.309 12.7 2.5 0.3

Other food at home

216.705 223.442 225.098 12.1 3.9 0.7

Food away from home

313.501 316.770 320.682 8.9 2.3 1.2

Alcoholic beverages

278.298 275.946 277.579 3.9 -0.3 0.6

Housing

280.012 280.998 286.126 7.1 2.2 1.8

Shelter

346.940 348.376 350.260 4.4 1.0 0.5

Rent of primary residence(2)

367.338 368.362 370.324 4.1 0.8 0.5

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

356.830 357.738 359.115 3.9 0.6 0.4

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

356.830 357.738 359.115 3.9 0.6 0.4

Fuels and utilities

256.232 256.334 288.474 23.7 12.6 12.5

Household energy

206.806 206.803 239.579 29.5 15.8 15.8

Energy services(2)

210.915 210.846 244.362 29.4 15.9 15.9

Electricity(2)

184.156 180.158 182.603 8.6 -0.8 1.4

Utility (piped) gas service(2)

235.138 240.176 312.385 53.0 32.9 30.1

Household furnishings and operations

104.927 105.217 104.950 8.5 0.0 -0.3

Apparel

88.821 85.070 88.254 7.8 -0.6 3.7

Transportation

232.239 234.686 244.750 20.7 5.4 4.3

Private transportation

234.290 234.513 242.676 20.2 3.6 3.5

New and used motor vehicles(4)

118.006 118.618 119.671 13.7 1.4 0.9

New vehicles(1)

202.583 204.514 206.776 14.3 2.1 1.1

Used cars and trucks(1)

401.031 398.613 400.397 15.9 -0.2 0.4

Motor fuel

388.256 386.698 427.985 50.5 10.2 10.7

Gasoline (all types)

384.376 382.743 423.695 50.3 10.2 10.7

Gasoline, unleaded regular(5)

372.804 370.906 411.363 51.1 10.3 10.9

Gasoline, unleaded midgrade(5)(6)

409.737 411.667 449.471 46.1 9.7 9.2

Gasoline, unleaded premium(5)

390.444 392.324 425.244 41.4 8.9 8.4

Medical care

536.127 536.702 538.239 0.9 0.4 0.3

Recreation(4)

120.292 120.529 120.756 1.1 0.4 0.2

Education and communication(4)

139.443 139.481 139.353 -1.5 -0.1 -0.1

Tuition, other school fees, and childcare(1)

1,226.800 1,226.800 1,231.527 0.5 0.4 0.4

Other goods and services

426.749 427.977 429.406 3.4 0.6 0.3

Commodity and service group

All items

268.417 269.569 274.301 8.0 2.2 1.8

Commodities

196.766 197.136 200.778 12.3 2.0 1.8

Commodities less food and beverages

148.608 147.801 151.427 13.6 1.9 2.5

Nondurables less food and beverages

202.102 200.155 209.315 18.2 3.6 4.6

Durables

100.611 100.543 100.615 8.9 0.0 0.1

Services

334.637 336.626 342.324 5.4 2.3 1.7

Special aggregate indexes

All items less medical care

257.122 258.310 263.226 8.8 2.4 1.9

All items less shelter

241.639 242.694 248.306 9.7 2.8 2.3

Commodities less food

153.398 152.547 156.182 13.2 1.8 2.4

Nondurables

248.007 248.715 254.993 13.7 2.8 2.5

Nondurables less food

207.386 205.405 214.236 17.1 3.3 4.3

Services less rent of shelter(3)

338.196 340.860 350.903 6.3 3.8 2.9

Services less medical care services

318.734 320.856 326.768 5.9 2.5 1.8

Energy

276.004 275.424 311.657 39.4 12.9 13.2

All items less energy

270.525 271.836 273.947 5.7 1.3 0.8

All items less food and energy

267.118 267.928 269.874 4.7 1.0 0.7

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.

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

 

Last Modified Date: Friday, June 10, 2022