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News Release Information

22-1182-BOS
Friday, June 10, 2022

Contacts Technical information: Media contact:

Consumer Price Index, Boston-Cambridge-Newton – May 2022

Area prices rose 1.1 percent over the past two months, up 7.5 percent from a year ago

The Consumer Price Index for All Urban Consumers (CPI-U) for Boston advanced 1.1 percent for the two months ending in May 2022, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner William J. Sibley noted that the May increase was influenced by higher prices for all items less food and energy. Within the all items less food and energy group, price increases were noted for several indexes, including shelter, household furnishings and operations, and medical care. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)

Over the last 12 months, the CPI-U advanced 7.5 percent, reflecting price increases for shelter and new and used motor vehicles. This was the highest annual advance recorded in Boston since November 1981. (See chart 1 and table A.) The index for all items less food and energy rose 4.9 percent over the year. (See table 1.)

Food

Food prices advanced 2.4 percent for the two months ending in May. (See table 1.) Prices for food at home rose 3.9 percent, and prices for food away from home inched down 0.1 percent for the same period.

Over the year, food prices rose 8.7 percent. This was the highest annual advance recorded in Boston since January 1981. Prices for food at home rose 9.2 percent since a year ago, and prices for food away from home rose 7.6 percent.

Energy

The energy index advanced 2.4 percent for the two months ending in May. The increase was mainly due to higher prices for gasoline (8.2 percent). Prices for electricity decreased 4.0 percent, and prices for natural gas service fell 11.3 percent for the same period.

Energy prices jumped 43.0 percent over the year, largely due to higher prices for gasoline (57.4 percent). Prices paid for natural gas service rose 41.1 percent, and prices for electricity advanced 12.9 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 the latest two-month period. Higher prices for shelter (0.6 percent) and household furnishings and operations (3.3 percent) were partially offset by lower prices for apparel (-5.1 percent) and education and communication (-0.6 percent).

Over the year, the index for all items less food and energy advanced 4.9 percent. Components contributing to the increase included shelter (4.0 percent) and household furnishings and operations (14.9 percent).

The Consumer Price Index for July2022 is scheduled to be released on Wednesday, August 10, 2022, at 8:30 a.m. (ET).


Technical Note

The Consumer Price Index (CPI) is a measures 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 BLS Handbook of Methods, Chapter 17, The Consumer Price Index, 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 Boston-Cambridge-Newton, Mass.-N.H. Core Based Statistical Area covered in this release is comprised of Essex, Middlesex, Norfolk, Plymouth, Suffolk Counties in Massachusetts; Rockingham, Strafford Counties in New Hampshire.

Information from this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Telecommunications Relay Service: 7-1-1.

Table A. Boston-Cambridge-Newton, MA-NH, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month20182019202020212022
2-month12-month2-month12-month2-month12-month2-month12-month2-month12-month

January

1.12.80.52.50.62.20.70.51.66.3

March

0.93.60.52.10.11.80.91.31.97.3

May

0.03.20.22.3-1.00.60.83.21.17.5

July

0.33.40.02.00.20.81.24.3

September

1.23.30.21.10.10.6-0.14.0

November

-0.43.20.72.10.40.41.75.3
Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods, Boston-Cambridge-Newton, Ma.-N.H. (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure categoryIndexesPercent change from
Historical
data
Mar.
2022
Apr.
2022
May
2022
May
2021
Mar.
2022
Apr.
2022

All items

Go to web page with historical data for series CUURS11ASA0
310.311 313.5787.51.1 

All items (1967 = 100)

Go to web page with historical data for series CUURS11AAA0
901.926 911.422   

Food and beverages

Go to web page with historical data for series CUURS11ASAF
305.791 312.6628.12.2 

Food

Go to web page with historical data for series CUURS11ASAF1
309.522 316.8988.72.4 

Food at home

Go to web page with historical data for series CUURS11ASAF11
279.213281.075290.1049.23.93.2

Cereal and bakery products

Go to web page with historical data for series CUURS11ASAF111
338.042 347.4258.82.8 

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS11ASAF112
310.171 317.58712.12.4 

Dairy and related products

Go to web page with historical data for series CUURS11ASEFJ
319.740 332.52314.64.0 

Fruits and vegetables

Go to web page with historical data for series CUURS11ASAF113
357.581 376.2898.35.2 

Nonalcoholic beverages and beverage materials(1)

Go to web page with historical data for series CUURS11ASAF114
168.060 175.4284.04.4 

Other food at home

Go to web page with historical data for series CUURS11ASAF115
209.243 219.2498.24.8 

Food away from home

Go to web page with historical data for series CUURS11ASEFV
362.937 362.5507.6-0.1 

Alcoholic beverages

Go to web page with historical data for series CUURS11ASAF116
268.857 269.7200.80.3 

Housing

Go to web page with historical data for series CUURS11ASAH
323.726 325.7617.10.6 

Shelter

Go to web page with historical data for series CUURS11ASAH1
375.114376.867377.3954.00.60.1

Rent of primary residence(2)

Go to web page with historical data for series CUURS11ASEHA
385.422386.973388.1903.40.70.3

Owners' equivalent rent of residences(2)(3)(4)

Go to web page with historical data for series CUURS11ASEHC
402.554403.791405.3463.80.70.4

Owners' equivalent rent of primary residence(2)(3)(4)

Go to web page with historical data for series CUURS11ASEHC01
402.554403.791405.3463.80.70.4

Fuels and utilities

Go to web page with historical data for series CUURS11ASAH2
385.343 379.20028.6-1.6 

Household energy

Go to web page with historical data for series CUURS11ASAH21
332.000335.281325.25832.9-2.0-3.0

Energy services(2)

Go to web page with historical data for series CUURS11ASEHF
334.893335.526312.89521.7-6.6-6.7

Electricity(2)

Go to web page with historical data for series CUURS11ASEHF01
360.829361.872346.25312.9-4.0-4.3

Utility (piped) gas service(2)

Go to web page with historical data for series CUURS11ASEHF02
272.127272.127241.25741.1-11.3-11.3

Household furnishings and operations

Go to web page with historical data for series CUURS11ASAH3
146.320 151.13114.93.3 

Apparel

Go to web page with historical data for series CUURS11ASAA
143.254 135.9975.9-5.1 

Transportation

Go to web page with historical data for series CUURS11ASAT
234.578 242.47017.33.4 

Private transportation

Go to web page with historical data for series CUURS11ASAT1
245.026 249.98518.42.0 

New and used motor vehicles(5)

Go to web page with historical data for series CUURS11ASETA
135.327 136.12312.60.6 

New Vehicles(1)

Go to web page with historical data for series CUURS11ASETA01
230.588 234.30110.81.6 

Used cars and trucks(1)

Go to web page with historical data for series CUURS11ASETA02
483.410 483.06717.1-0.1 

Motor fuel

Go to web page with historical data for series CUURS11ASETB
366.194360.242396.37157.68.210.0

Gasoline (all types)

Go to web page with historical data for series CUURS11ASETB01
362.173356.248391.69857.48.210.0

Gasoline, unleaded regular(6)

Go to web page with historical data for series CUURS11ASS47014
353.109346.685382.10558.38.210.2

Gasoline, unleaded midgrade(6)(7)

Go to web page with historical data for series CUURS11ASS47015
382.582380.501412.23554.37.88.3

Gasoline, unleaded premium(6)

Go to web page with historical data for series CUURS11ASS47016
367.482365.861396.04951.77.88.3

Motor vehicle insurance(1)

Go to web page with historical data for series CUURS11ASETE
      

Medical care

Go to web page with historical data for series CUURS11ASAM
723.561 733.0334.91.3 

Recreation(5)

Go to web page with historical data for series CUURS11ASAR
117.281 118.2661.40.8 

Education and communication(5)

Go to web page with historical data for series CUURS11ASAE
175.660 174.6100.8-0.6 

Tuition, other fees, and child care(1)

Go to web page with historical data for series CUURS11ASEEB
1,433.865 1,434.0760.70.0 

Other goods and services

Go to web page with historical data for series CUURS11ASAG
563.943 565.7408.20.3 

Commodity and service group

Commodities

Go to web page with historical data for series CUURS11ASAC
224.796 228.51213.11.7 

Commodities less food and beverages

Go to web page with historical data for series CUURS11ASACL11
181.196 183.58916.61.3 

Nondurables less food and beverages

Go to web page with historical data for series CUURS11ASANL11
238.609 245.04923.52.7 

Durables

Go to web page with historical data for series CUURS11ASAD
129.251 129.19310.70.0 

Services

Go to web page with historical data for series CUURS11ASAS
387.526 390.3924.80.7 

Special aggregate indexes

All items less shelter

Go to web page with historical data for series CUURS11ASA0L2
287.607 291.3679.61.3 

All items less medical care

Go to web page with historical data for series CUURS11ASA0L5
294.493 297.5287.71.0 

Commodities less food

Go to web page with historical data for series CUURS11ASACL1
185.061 187.43915.81.3 

Nondurables

Go to web page with historical data for series CUURS11ASAN
271.758 278.44214.82.5 

Nondurables less food

Go to web page with historical data for series CUURS11ASANL1
240.012 246.09521.52.5 

Services less rent of shelter(3)

Go to web page with historical data for series CUURS11ASASL2RS
419.615 423.3695.80.9 

Services less medical care services

Go to web page with historical data for series CUURS11ASASL5
363.235 365.4224.80.6 

Energy

Go to web page with historical data for series CUURS11ASA0E
342.958342.506351.08843.02.42.5

All items less energy

Go to web page with historical data for series CUURS11ASA0LE
313.115 316.0805.30.9 

All items less food and energy

Go to web page with historical data for series CUURS11ASA0L1E
314.943 317.2844.90.7 

Footnotes
(1) Indexes on a January 1978=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) Indexes on a November 1982=100 base.
(4) This index series underwent a change in composition in January 2010. The expenditure class now includes weight from secondary residences, and has been re-titled "Owners' equivalent rent of residences." The item stratum "Owners' equivalent rent of primary residence" excludes secondary residences.
(5) Indexes on a December 1997=100 base.
(6) Special index based on a substantially smaller sample.
(7) Indexes on a December 1993=100 base.

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

 

Last Modified Date: Friday, June 10, 2022