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News Release Information

20-417-KAN
Wednesday, March 11, 2020

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Technical information:
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  • (816) 285-7000

Consumer Price Index, Midwest Region – February 2020

Area prices were up 0.3 percent over the past month, up 2.1 percent from a year ago

Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.3 percent in February, the U.S. Bureau of Labor Statistics reported today. (See table A.) The February increase was most 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 seasonal influences.)

Over the last 12 months, the CPI-U increased 2.1 percent. (See chart 1 and table A.) The index for all items less food and energy advanced 2.2 percent over the year. Food prices rose 1.4 percent. Energy prices increased 2.6 percent, largely the result of higher prices for gasoline. (See table 1.)

Food

Food prices advanced 0.3 percent for the month of February. (See table 1.) Prices for food at home increased 0.6 percent and prices for food away from home were unchanged for the same period.

Over the year, food prices rose 1.4 percent. Prices for food at home increased 0.6 percent since a year agoand prices for food away from home were 2.4 percent higher.

Energy

The energy index decreased 2.1 percent over the month. The decrease was mainly due to lower prices for gasoline (-3.9 percent). Prices for natural gas service declined 1.3 percent, while prices for electricity inched up 0.2 percent for the same period.

Energy prices increased 2.6 percent over the year, largely due to higher prices for gasoline (5.6 percent). Prices paid for electricity edged up 0.2 percent, while prices for natural gas service decreased 2.2 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.5 percent in February. The February increase was broad-based and included higher prices for medical care services (1.3 percent), new and used motor vehicles (0.8 percent), and apparel (1.6 percent).

Over the year, the index for all items less food and energy advanced 2.2 percent. Components contributing to the increase included higher prices for shelter (3.1 percent) and medical care services (5.9 percent). Declining prices in apparel (-2.4 percent) did little to offset the increases.

Table A. Midwest region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2016 2017 2018 2019 2020
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.3 0.8 0.7 2.2 0.6 1.6 0.2 0.8 0.4 2.5

February

0.0 0.4 0.2 2.4 0.2 1.7 0.7 1.3 0.3 2.1

March

0.6 0.5 0.1 1.9 0.2 1.8 0.6 1.7

April

0.4 0.8 0.4 1.8 0.4 1.8 0.3 1.5

May

0.4 0.8 0.0 1.4 0.5 2.3 0.3 1.3

June

0.6 0.8 0.0 0.9 0.2 2.5 0.0 1.2

July

-0.5 0.4 0.0 1.3 0.0 2.4 0.2 1.5

August

0.1 0.6 0.3 1.5 0.0 2.1 0.0 1.5

September

0.2 1.1 0.3 1.5 0.1 1.9 0.0 1.4

October

-0.1 1.0 -0.2 1.5 0.1 2.2 0.2 1.5

November

-0.3 1.2 0.2 1.9 -0.6 1.4 -0.2 1.9

December

0.1 1.8 -0.2 1.7 -0.4 1.3 0.0 2.3

The March 2020 Consumer Price Index for the Midwest Region is scheduled to be released on April 10, 2020.


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 population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 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 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 (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/pdf/homch17.pdf.

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 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 Region, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure category Indexes Percent change from
Dec.
2019
Jan.
2020
Feb.
2020
Feb.
2019
Dec.
2019
Jan.
2020

All items

238.734 239.690 240.421 2.1 0.7 0.3

All items (December 1977 = 100)

388.433 389.988 391.178      

Food and beverages

248.802 249.749 250.546 1.4 0.7 0.3

Food

248.223 249.149 249.998 1.4 0.7 0.3

Food at home

227.074 228.471 229.829 0.6 1.2 0.6

Cereals and bakery products

255.745 258.395 259.049 -0.5 1.3 0.3

Meats, poultry, fish, and eggs

250.039 249.974 250.342 1.7 0.1 0.1

Dairy and related products

200.690 198.996 204.018 5.3 1.7 2.5

Fruits and vegetables

266.927 273.091 270.704 -2.1 1.4 -0.9

Nonalcoholic beverages and beverage materials

163.199 164.544 165.660 -0.8 1.5 0.7

Other food at home

196.659 197.375 199.839 1.0 1.6 1.2

Food away from home

283.025 283.255 283.349 2.4 0.1 0.0

Alcoholic beverages

254.606 255.820 255.963 0.6 0.5 0.1

Housing

234.889 235.848 236.473 2.4 0.7 0.3

Shelter

283.184 284.095 285.087 3.1 0.7 0.3

Rent of primary residence(1)

283.508 284.503 285.103 3.3 0.6 0.2

Owners' equivalent rent of residences(1)(2)

288.794 289.737 290.183 3.1 0.5 0.2

Owners' equivalent rent of primary residence(1)(2)

288.732 289.674 290.119 3.1 0.5 0.2

Fuels and utilities

218.912 220.145 219.893 0.3 0.4 -0.1

Household energy

175.374 176.012 175.612 -0.6 0.1 -0.2

Energy services(1)

181.397 182.261 181.800 -0.6 0.2 -0.3

Electricity(1)

195.839 197.280 197.750 0.2 1.0 0.2

Utility (piped) gas service(1)

146.584 146.477 144.572 -2.2 -1.4 -1.3

Household furnishings and operations

115.164 116.081 116.200 0.3 0.9 0.1

Apparel

111.711 113.913 115.759 -2.4 3.6 1.6

Transportation

200.968 201.165 200.811 1.8 -0.1 -0.2

Private transportation

196.613 196.607 196.078 2.0 -0.3 -0.3

New and used motor vehicles(3)

96.680 96.750 97.548 0.1 0.9 0.8

New vehicles

138.099 137.921 138.832 1.2 0.5 0.7

New cars and trucks(3)(4)

97.634 97.498 98.139 1.1 0.5 0.7

New cars(4)

134.600 134.980 136.468 2.1 1.4 1.1

Used cars and trucks

135.959 134.978 136.400 -1.2 0.3 1.1

Motor fuel

226.932 225.542 216.693 5.5 -4.5 -3.9

Gasoline (all types)

225.330 224.003 215.217 5.6 -4.5 -3.9

Gasoline, unleaded regular(4)

219.041 217.738 209.022 5.6 -4.6 -4.0

Gasoline, unleaded midgrade(4)(5)

262.622 260.923 251.190 6.4 -4.4 -3.7

Gasoline, unleaded premium(4)

251.566 250.064 242.390 5.8 -3.6 -3.1

Motor vehicle insurance(6)

738.741 738.436 749.097 0.3 1.4 1.4

Medical care

505.493 507.573 512.813 4.3 1.4 1.0

Medical care commodities

387.320 382.508 382.459 -2.2 -1.3 0.0

Medical care services

545.161 549.439 556.381 5.9 2.1 1.3

Professional services

422.628 423.023 425.728 1.0 0.7 0.6

Recreation(3)

123.028 123.725 123.761 2.3 0.6 0.0

Education and communication(3)

138.550 138.804 139.094 0.9 0.4 0.2

Tuition, other school fees, and child care(6)

1,198.388 1,198.577 1,200.416 0.0 0.2 0.2

Other goods and services

439.894 442.284 444.148 2.8 1.0 0.4

Commodity and service group

Commodities

178.697 179.077 179.188 1.0 0.3 0.1

Commodities less food and beverages

145.246 145.404 145.262 0.7 0.0 -0.1

Nondurables less food and beverages

191.477 192.027 190.834 1.3 -0.3 -0.6

Durables

101.094 101.002 101.500 -0.1 0.4 0.5

Services

300.727 302.305 303.715 2.9 1.0 0.5

Special aggregate indexes

All items less shelter

225.207 226.182 226.830 1.7 0.7 0.3

All items less medical care

226.104 227.006 227.518 1.9 0.6 0.2

Commodities less food

148.614 148.801 148.666 0.7 0.0 -0.1

Nondurables

219.594 220.336 220.085 1.4 0.2 -0.1

Nondurables less food

194.827 195.416 194.311 1.3 -0.3 -0.6

Services less rent of shelter(2)

328.666 331.000 332.903 2.6 1.3 0.6

Services less medical care services

282.494 283.863 284.835 2.4 0.8 0.3

Energy

198.773 198.499 194.298 2.6 -2.3 -2.1

All items less energy

245.661 246.743 247.941 2.1 0.9 0.5

All items less food and energy

245.930 247.043 248.306 2.2 1.0 0.5

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) Indexes 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.
(6) Indexes on a December 1977=100 base.

Note: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Wednesday, March 11, 2020