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News Release Information

22-1157-DAL
Friday, June 10, 2022

Contacts Technical information: Media contact:
  • (972) 850-4800

Consumer Price Index, Dallas-Fort Worth-Arlington area – May 2022

Area prices rose 1.8 percent in April and May, up 9.1 percent over the year

Prices in the Dallas-Fort Worth-Arlington area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 1.8 percent for the two months ending in May 2022, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Michael Hirniak noted that the food index increased 1.9 percent, and the energy index rose 6.6 percent in April and May. The all items less food and energy index rose 1.2 percent over the past two months, mainly due to increases in the categories for owners’ equivalent rent of residences and rent of primary residence. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U rose 9.1 percent, the largest percent increase since December 1981. The index for all items less food and energy advanced 6.0 percent over the year. Energy prices jumped 40.2 percent, largely the result of an increase in the price of gasoline, while food prices jumped 11.6 percent. (See chart 1 and table 1.)

Food

Food prices rose 1.9 percent for the two months ending in May. Prices for food at home rose 1.9 percent, partly due to price increases for dairy and related products. Prices for food away from home also increased 1.9 percent during the same period.

Over the year, food prices jumped 11.6 percent, the largest increase in the index since June 1979. Prices for food at home advanced 14.6 percent since a year ago, and prices for food away from home rose 8.2 percent.

Energy

The energy index advanced 6.6 percent for the two months ending in May. The increase was mainly due to higher prices for gasoline (+9.5 percent), but all components contributed to the rise. Prices for electricity rose 1.6 percent, and prices for natural gas service increased 7.6 percent for the same period.

From May 2021 to May 2022, energy prices jumped 40.2 percent over the year. The rise was largely driven by the surge in prices for gasoline (+50.6 percent), with all components contributing to the rise. Prices paid for electricity jumped 28.1 percent, and prices for natural gas service advanced 27.1 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 1.2 percent in the latest two-month period. Higher prices for owners’ equivalent rent of residences (+1.7 percent), rent of primary residence (+2.5 percent) and new vehicles (+2.3 percent) were partially offset by lower prices for education and communication (-1.8 percent).

Over the year, the index for all items less food and energy advanced 6.0 percent. Components contributing to the increase included shelter (+7.3 percent), used cars and trucks (+15.9 percent), and medical care (+3.1 percent).

The July 2022 Consumer Price Index for the Dallas-Fort Worth-Arlington area is scheduled to be released on Wednesday, August 10, 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 Dallas-Fort Worth-Arlington, Texas, Core Based Statistical Area includes the counties of Collin, Dallas, Denton, Ellis, Hood, Hunt, Johnson, Kaufman, Parker, Rockwall, Somervell, Tarrant, and Wise.

Information in this release will be made available to sensory impaired individuals 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,
Dallas-Fort Worth-Arlington, TX, May 2022 (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

All items

269.347 - 274.196 9.1 1.8 -

All items (1967 = 100)

844.927 - 860.138      

Food and beverages

296.052 - 301.285 11.1 1.8 -

Food

290.933 - 296.494 11.6 1.9 -

Food at home

250.567 249.456 255.353 14.6 1.9 2.4

Cereals and bakery products

286.711 - 295.704 11.0 3.1 -

Meats, poultry, fish, and eggs

306.135 - 305.477 16.4 -0.2 -

Dairy and related products

214.372 - 230.471 14.5 7.5 -

Fruits and vegetables

225.090 - 225.879 14.6 0.4 -

Nonalcoholic beverages and beverage materials(1)

208.721 - 215.278 12.2 3.1 -

Other food at home

237.991 - 242.840 15.2 2.0 -

Food away from home

350.266 - 356.967 8.2 1.9 -

Alcoholic beverages

360.966 - 359.891 4.2 -0.3 -

Housing

261.709 - 265.781 8.3 1.6 -

Shelter

290.198 294.240 294.629 7.3 1.5 0.1

Rent of primary residence

311.352 314.902 319.110 8.8 2.5 1.3

Owners' equivalent rent of residences(2)

310.877 314.362 316.071 6.6 1.7 0.5

Owners' equivalent rent of primary residence(2)

310.877 314.362 316.071 6.6 1.7 0.5

Fuels and utilities

296.973 - 302.573 20.1 1.9 -

Household energy

275.561 277.347 282.593 27.9 2.6 1.9

Energy services

270.835 272.725 277.930 27.9 2.6 1.9

Electricity

252.975 253.730 257.039 28.1 1.6 1.3

Utility (piped) gas service

292.147 299.980 314.495 27.1 7.6 4.8

Household furnishings and operations

133.698 - 135.522 4.9 1.4 -

Apparel

118.002 - 116.944 4.4 -0.9 -

Transportation

261.079 - 274.284 21.6 5.1 -

Private transportation

269.546 - 278.360 21.3 3.3 -

New and used motor vehicles(3)

133.749 - 136.557 13.5 2.1 -

New vehicles(1)

215.920 - 220.802 5.7 2.3 -

Used cars and trucks(1)

486.841 - 488.869 15.9 0.4 -

Motor fuel

359.843 352.975 395.088 51.3 9.8 11.9

Gasoline (all types)

357.251 349.336 391.219 50.6 9.5 12.0

Gasoline, unleaded regular(4)

345.326 337.373 378.724 51.5 9.7 12.3

Gasoline, unleaded midgrade(4)(5)

371.590 365.199 403.786 47.3 8.7 10.6

Gasoline, unleaded premium(4)

366.574 360.973 396.725 44.1 8.2 9.9

Medical care

493.586 - 496.530 3.1 0.6 -

Recreation(3)

124.091 - 125.453 0.5 1.1 -

Education and communication(3)

134.493 - 132.098 -2.3 -1.8 -

Tuition, other school fees, and childcare(1)

1,296.393 - 1,296.393 1.9 0.0 -

Other goods and services

476.290 - 478.676 7.6 0.5 -

Commodity and service group

Commodities

207.504 - 212.027 13.6 2.2 -

Commodities less food and beverages

167.064 - 171.055 15.0 2.4 -

Nondurables less food and beverages

215.015 - 224.153 22.1 4.2 -

Durables

127.478 - 127.734 7.5 0.2 -

Services

330.489 - 335.781 6.9 1.6 -

Special aggregate indexes

All items less shelter

260.564 - 265.656 10.2 2.0 -

All items less medical care

258.376 - 263.319 9.7 1.9 -

Commodities less food

172.102 - 176.066 14.6 2.3 -

Nondurables

252.839 - 260.546 16.6 3.0 -

Nondurables less food

221.970 - 230.822 20.9 4.0 -

Services less rent of shelter(2)

382.944 - 389.350 6.2 1.7 -

Services less medical care services

312.523 - 317.834 7.4 1.7 -

Energy

318.040 315.593 338.928 40.2 6.6 7.4

All items less energy

270.139 - 273.652 6.6 1.3 -

All items less food and energy

266.862 - 270.111 6.0 1.2 -

(1) Indexes on a February 1978=100 base.
(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) Index on a December 1993=100.

- Data not available.

 

Last Modified Date: Friday, June 10, 2022