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1a consumerpriceindex_midwest (april 2019)N EWS RELEASE Q�Q�4� SNT oFl��P BUREAU OF LABOR STATISTICS U. S. D E P A R T M E N T O F L A B O R�� C BLS ��rrATESO�P For Release: Friday, May 10, 2019 19-792-KAN MOUNTAIN -PLAINS INFORMATION OFFICE: Kansas City, Mo. Technical information: (816) 285-7000 BLSInfoKansasCity@bls.gov www.bls.gov/regions/mountain-plains Media contact: (816) 285-7000 Consumer Price Index, Midwest Region — April 2019 Prices in the Midwest up 0.3 percent in April and 1.5 percent higher over the year The Consumer Price Index for All Urban Consumers (CPI -U) in the Midwest rose 0.3 percent in April following a gain of 0.6 percent in the prior month, the U.S. Bureau of Labor Statistics reported today. The April movement was influenced by higher prices for gasoline and shelter. Overall, energy costs were up 4.8 percent, while prices for food edged down 0.1 percent. The index for all items less food and energy turned down a slight 0.1 percent after rising in each of the prior three months. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.) The CPI -U for the Midwest rose 1.5 percent over the latest 12 months. (See chart 1 and table A.) The energy index, which includes motor fuel and household fuels, rose 1.8 percent. Food prices increased 0.8 percent. The index for all items less food and energy was up 1.6 percent from April 2018 to April 2019. (See table 1.) Chart 1. Over -the -year percent change in CPI -U, Midwest region, April 016�April 201' Percent change y.0 2.0 1.0 0.0 Apr Jul Oct Jan °16 Source: U.S. Bureau at La bar Statistics. - AJI items Al items less food and energy Apr Jul Oct Jan Apr Jul Oct Jan Apr 1'7 'is 119 Food Food prices in the Midwest edged down for the second month in a row, down 0.1 percent in April, led by a 0.3 -percent decrease in prices for food at home. Prices for food away from home rose a slight 0.2 percent over the month and moderated the decline. From April 2018 to April 2019, the index for food advanced 0.8 percent. Costs for food away from home were up 2.5 percent and prices for food at home were down 0.5 percent over the year. Energy The energy index continued to increase for the third month in a row up 4.8 percent in April. The monthly gain reflected a 9.4 -percent rise in prices for gasoline. Lower prices for utility (piped) gas service (-2.4 percent) did little to moderate the increase. Energy costs rose 1.8 percent since April 2018 due to increases in the prices for gasoline, 4.5 percent. Prices for utility (piped) gas service and electricity declined, 3.7 percent and 0.4 percent respectively, from a year ago. All items less food and energy The index for all items less food and energy for the Midwest crept down 0.1 percent following three consecutive monthly increases. Among the expenditure categories that registered lower costs were medical care services (-1.1 percent) and apparel (-1.5 percent), while prices for shelter (0.2 percent) were among those that increased over the month. The index for all items less food and energy was up 1.6 percent from April 2018 to April 2019. Higher costs for shelter (3.5 percent) were among those that contributed to the increase. The Midwest Consumer Price Index for All Urban Consumers (CPI -U) stood at 237.510 in April 2019. A typical market basket of goods and services that cost $100.00 in the 1982-84 base period cost $237.51 in April 2019. CPI -W In April, the Midwest Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI -W) was 231.726. The CPI -W rose 0.4 percent in April and advanced 1.6 percent over the year. Table A. Midwest region CPI -U 1 -month and 12 -month percent changes, all items index, not seasonally adjusted Month 2015 2016 2017 2018 2019 12- 12- 12- 12- 12- 1 -month 1 -month 1 -month 1 -month 1 -month month month month month month January .............................................. -0.6 -0.3 0.3 0.8 0.7 2.2 0.6 1.6 0.2 0.8 February ............................................ 0.3 -0.5 0.0 0.4 0.2 2.4 0.2 1.7 0.7 1.3 March ................................................ 0.6 -0.9 0.6 0.5 0.1 1.9 0.2 1.8 0.6 1.7 April ................................................... 0.1 -1.1 0.4 0.8 0.4 1.8 0.4 1.8 0.3 1.5 May .................................................... 0.4 -0.8 0.4 0.8 0.0 1.4 0.5 2.3 June ................................................... 0.5 -0.7 0.6 0.8 0.0 0.9 0.2 2.5 July .................................................... 0.0 -0.5 -0.5 0.4 0.0 1.3 0.0 2.4 August ............................................... 0.0 -0.3 0.1 0.6 0.3 1.5 0.0 2.1 September ......................................... -0.3 -0.8 0.2 1.1 0.3 1.5 0.1 1.9 October .............................................. -0.1 -0.3 -0.1 1.0 -0.2 1.5 0.1 2.2 November .......................................... -0.5 -0.2 -0.3 1.2 0.2 1.9 -0.6 1.4 December .......................................... -0.6 0.0 0.11 1.8 -0.21 1.7 -0.4 1.3 The May 2019 Consumer Price Index for the Midwest region is scheduled to be released on Wednesday, June 12, 2019. 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 5,000 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/homchl7.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 Feb. Mar. Apr. Apr. Feb. Mar. 2019 2019 2019 2018 2019 2019 All items........................................................... 235.444 236.793 237.510 1.5 0.9 0.3 All items (December 1977 = 100) .................... 383.081 385.275 386.441 Food and beverages ................................... 247.108 246.618 246.391 0.8 -0.3 -0.1 Food ......................................................... 246.428 245.913 245.689 0.8 -0.3 -0.1 Food at home ....................................... 228.347 227.372 226.719 -0.5 -0.7 -0.3 Cereals and bakery products ........... 260.329 259.057 257.264 -0.9 -1.2 -0.7 Meats, poultry, fish, and eggs........... 246.053 246.636 246.965 -1.6 0.4 0.1 Dairy and related products ............... 193.663 195.000 194.063 -1.8 0.2 -0.5 Fruits and vegetables ....................... 276.639 272.508 269.574 0.6 -2.6 -1.1 Nonalcoholic beverages and 166.935 165.344 162.936 0.9 -2.4 -1.5 beverage materials ........................... Other food at home .......................... 197.804 196.992 198.321 -0.3 0.3 0.7 Food away from home .......................... 276.590 276.762 277.182 2.5 0.2 0.2 Alcoholic beverages ................................. 254.311 254.159 253.893 1.1 -0.2 -0.1 Housing....................................................... 230.869 231.701 231.999 2.8 0.5 0.1 Shelter ...................................................... 276.593 278.067 278.535 3.5 0.7 0.2 Rent of primary residence(1)................ 276.056 276.931 277.399 3.3 0.5 0.2 Owners' equivalent rent of residences(1 281.362 282.211 282.449 3.4 0.4 0.1 )(2) ........................................................ Owners' equivalent rent of primary 281.322 282.178 282.416 3.4 0.4 0.1 residence(1)(2)................................. Fuels and utilities ...................................... 219.218 218.256 217.617 -0.3 -0.7 -0.3 Household energy ................................ 176.604 175.292 174.666 -1.4 -1.1 -0.4 Energy services(1) ........................... 182.861 181.432 180.802 -1.4 -1.1 -0.3 Electricity(1)................................... 197.345 196.740 197.879 -0.4 0.3 0.6 Utility (piped) gas service(l) .......... 147.886 145.228 141.802 -3.7 -4.1 -2.4 Household furnishings and operations..... 115.854 115.904 116.256 1.4 0.3 0.3 Apparel........................................................ 118.579 117.625 115.838 -3.3 -2.3 -1.5 Transportation ............................................. 197.175 203.171 207.665 2.1 5.3 2.2 Private transportation ............................... 192.290 198.350 202.644 2.3 5.4 2.2 New and used motor vehicles(3).......... 97.417 98.225 98.142 1.5 0.7 -0.1 New vehicles .................................... 137.174 138.817 138.861 1.3 1.2 0.0 New cars and trucks(3)(4)............. 97.025 98.129 98.155 1.3 1.2 0.0 New cars(4)................................... 133.619 134.805 134.809 1.1 0.9 0.0 Used cars and trucks ........................ 138.090 139.498 139.697 0.5 1.2 0.1 Motor fuel ............................................. 205.451 229.666 250.913 4.5 22.1 9.3 Gasoline (all types) ........................... 203.708 228.058 249.602 4.5 22.5 9.4 Gasoline, unleaded regular(4)....... 197.880 222.025 243.301 4.5 23.0 9.6 Gasoline, unleaded midgrade(4) 236.046 263.142 286.308 5.0 21.3 8.8 (5) .................................................. Gasoline, unleaded premium(4).... 229.206 250.871 271.531 4.2 18.5 8.2 Motor vehicle insurance(6)................... 746.614 744.816 737.005 0.5 -1.3 -1.0 Medical care ................................................ 491.532 491.086 487.594 1.1 -0.8 -0.7 Medical care commodities ........................ 390.920 391.406 394.680 0.8 1.0 0.8 Medical care services ............................... 525.252 524.491 518.705 1.1 -1.2 -1.1 Professional services ........................... 421.478 419.222 419.222 0.4 -0.5 0.0 Recreation(3)............................................... 121.032 121.194 120.985 -1.1 0.0 -0.2 Education and communication(3)................ 137.823 137.446 137.404 0.0 -0.3 0.0 Note: See footnotes at end of table. 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) - Continued Expenditure category Indexes Percent change from Feb. Mar. Apr. Apr. Feb. Mar. 2019 2019 2019 2018 2019 2019 Tuition, other school fees, and child 1,200.651 1,200.553 1,200.610 1.8 0.0 0.0 care(6)...................................................... Other goods and services ........................... 431.938 431.444 432.934 1.6 0.2 0.3 Commodity and service group Commodities ............................................... 177.477 179.531 181.219 0.7 2.1 0.9 Commodities less food and beverages .... 144.252 147.172 149.505 0.7 3.6 1.6 Nondurables less food and beverages. 188.364 194.239 199.681 1.0 6.0 2.8 Durables ............................................... 101.650 102.280 102.266 0.2 0.6 0.0 Services....................................................... 295.269 295.863 295.548 2.1 0.1 -0.1 Special aggregate indexes All items less shelter .................................... 223.034 224.349 225.158 0.7 1.0 0.4 All items less medical care .......................... 223.321 224.755 225.673 1.6 1.1 0.4 Commodities less food ................................ 147.634 150.489 152.767 0.7 3.5 1.5 Nondurables ................................................ 217.123 220.064 222.893 0.9 2.7 1.3 Nondurables less food ................................. 191.874 197.407 202.524 1.0 5.6 2.6 Services less rent of shelter(2).................... 324.391 324.009 322.804 0.7 -0.5 -0.4 Services less medical care services............ 278.116 278.811 278.906 2.2 0.3 0.0 Energy......................................................... 189.411 200.004 209.577 1.8 10.6 4.8 All items less energy ................................... 242.951 243.374 243.197 1.5 0.1 -0.1 All items less food and energy ................. 243.049 243.640 243.471 1.6 0.2 -0.1 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.