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Home My Public Portal AboutExhibit RC 91A - Bureau of Labor Statistics February 21, 2013Exhibit RC 91A *BLS BUREAU OF LABOR STATISTICS U.S. DEPARTMENT OF LABOR NEWS RELEASE MOUNTAIN -PLAINS INFORMATION OFFICE Kansas City, Mo. For release: Thursday, February 21, 2013 13-314-KAN Technical information : (816) 285-7000 • BLSInfoKansasCity@b1s.gov www.bls.govlro7 Media contact : (816) 285-7000 • BLSInfoKansasCity@b1s.gov CONSUMER PRICE INDEX (CPI) FOR ST. LOUIS Prices increased 2.2 percent from the second half of 2011 to the second half of 2012 The Consumer Price Index for All Urban Consumers (CPI-U) for the St. Louis, Mo.-III., metropolitan area rose 2.2 percent from the second half of 2011 to the second half of 2012, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Stanley W. Suchman noted that the increase was broad -based, with higher prices for shelter and food having the largest upward impact on the index. Costs for energy rose 1.2 percent, food prices were up 3.2 percent, and the all items less food and energy index advanced 2.1 percent. Chart 1. Over -the -year percent changes in consumer price indexes, St. Louis, first half 2009—second half 2012 Percent change 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 -0.5 -1.0 First half 2009 Second half First half 2010 Second half First half 2011 Second half First half 2012 Second half 2009 2010 2011 ®All items All items less food and energy 1._8 02 .0.5 1.3 SOURCE: U.S. Bureau of LaborStatistics 2012 Food Food prices rose 3.2 percent from the second half of 2011 to the second half of 2012, with most of the increase occurring in the first half of the period. Costs for food at home were up 2.8 percent following an increase of 5.7 percent in the same period one year ago. Prices for food away from home advanced 4.2 percent over the year after rising 0.7 percent from the second half of 2010 to the second half of 2011. Energy The energy index, which includes motor fuel and household fuels, increased 1.2 percent from the second half of 2011 to the second half of 2012 following a sharp advance of 14.2 percent in the same period one year ago. An increase of 3.3 percent in motor fuel prices had the greatest impact on the energy component, though rising costs for motor fuel in the earlier half of the period were partially offset by declines in the most recent six-month period. Electricity costs were up 0.8 percent from the second half of 2011, the smallest over -the -year gain since 2008. Prices for utility (piped) gas service declined 3.5 percent over the year. All items less food and energy The index for all items less food and energy rose 2.1 percent from the second half of 2011 to the second half of 2012. Higher costs for shelter, up 3.8 percent, led the advance. Other components that contributed to the increase included apparel (7.7 percent) and recreation (2.2 percent). In contrast, the index for household furnishings and operations decreased 2.0 percent over the year and education and communication costs were down 0.2 percent. The St. Louis CPI-U stood at 215.614 for the second half of 2012. This means that a market basket of goods and services that cost $100.00 in 1982-84 cost $215.61 in the second half of 2012. Because metropolitan area CPI data are not adjusted for seasonal price variation, consumers and businesses should be cautious in drawing conclusions about long-term retail price trends from short-term changes in the metropolitan area indexes. CPI-W The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the St. Louis, Mo.-Ill., metropolitan area for the second half of 2012 was 215.904. The CPI-W increased 2.1 percent from the second half of 2011 to the second half of 2012. 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 88 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 87 urban areas across the country from about 4,000 housing units and approximately 26,000 retail establishments --department stores, supermarkets, hospitals, filling -2- 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.b1s.gov/opub/hom/homch17_a.htm. 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 Iocal 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 Ievel of prices between areas; they only measure the average change in prices for each area since the base period. The St. Louis, Mo.-Ill., Metropolitan Statistical Area includes Bond, Calhoun, Clinton, Jersey, Macoupin, Madison, Monroe, and St. Clair Counties in Illinois; and Franklin, Jefferson, Lincoln, St. Charles, St. Louis, Warren, and Washington Counties and St. Louis City in Missouri. Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Federal Relay Service: 1-800-877-8339. - 3 - Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes for semiannual averages and percent changes for selected periods St. Louis, MO-1L (1982-84=100 unless otherwise noted) Item and Group Semiannual average indexes Percent change to 2nd half 2012 from - 2nd half 2011 1st halt 2012 2nd half 2012 2nd half 2011 1st half 2012 Expenditure category All items 210.966 213.921 215.614 2.2 0.8 All items (1967=100) 626.605 635.381 640.410 - - Food and beverages 223.076 228.571 229.958 3.1 .6 Food 221.483 227.295 228.662 3.2 .6 Food at home 212.898 218.434 218.772 2.8 .2 Food away from home 235.345 242.823 245.124 4.2 .9 Alcoholic beverages 220.316 220.374 221.885 .7 .7 Housing 196.781 197.935 201.789 2.5 1.9 Shelter 221.919 225.997 230.390 3.8 1.9 Rent of primary residence 1 201.612 205.858 208.416 3.4 1.2 Owners' equivalent rent of residences 1 2 230.619 235.431 240.140 4.1 2.0 Owners' equivalent rent of primary residence 1 2 230.619 235.431 240.140 4.1 2.0 Fuels and utilities 207.664 198.473 205.420 -1.1 3.5 Household energy 192.236 173.212 189.357 -1.5 9.3 Energy services 1 196.814 177.075 194.157 -1.4 9.6 Electricity 1 195.395 169.775 197.008 .8 16.0 Utility (piped) gas service 1 166.670 162.825 160.909 -3.5 -1.2 household furnishings and operations 127.532 125.689 124.938 -2.0 -.6 Apparel 145.500 155.952 156.711 7.7 .5 Transportation 198.548 203.881 202.326 1.9 -.8 Private transportation 199.352 204.851 202.788 1.7 -1.0 Motor fuel 312.478 338.441 322.653 3.3 -4.7 Gasoline (ail types) 307.417 333.621 317.459 3.3 -4.8 Gasoline, unleaded regular 3 299.537 325.377 309.388 3.3 -4.9 Gasoline, unleaded midgrade 3 4 350.570 380.101 362.411 3.4 -4.7 Gasoline, unleaded premium 3 297.745 321.379 306.554 3.0 -4.6 Medical care 377.000 379.807 378.276 .3 -.4 Recreation 5 115.271 116.462 117.855 2.2 1.2 Education and communication 5 139.803 139.986 139.471 -.2 -.4 Other goads and services 302.680 302.801 305.960 1.1 1.0 Commodity and service group All items 210.966 213.921 215.614 2.2 .8 Commodities 185.082 189.901 189.457 2.4 -.2 Commodities less food and beverages 164.149 168.681 167.455 2.0 -.7 Nondurabtes less food and beverages 221.510 231.294 228.922 3.3 -1.0 Durables 111.235 111.121 110.936 -.3 -.2 Services 238.829 240.229 243.851 2.1 1.5 Speclal aggregate Indexes All items less medical care 202.694 205.627 207.435 2.3 .9 All Items less shelter 209.233 211.890 212.539 1.6 .3 Commodities less food 167.102 171.536 170.372 2.0 -.7 Nondurables 223.227 230.799 230.218 3.1 -.3 Nondurables less food 223.051 232.311 230.134 3.2 -.9 Services less rent of shelter 2 262.836 261.360 264.402 .6 1.2 Services less medical care services 226.353 227.562 231.354 2.2 1.7 Energy 244.408 244.876 247.443 1.2 1.0 All items less energy 210.797 213.533 215.523 2.2 .9 All items less food and energy 209.264 211.466 213.571 2.1 1.0 1 This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator. 2 Index is on a November 1982=100 base. 3 Special index based on a substantially smaller sample. 4 Indexes on a December 1993=100 base. 5 Indexes on a December 1997=100 base. Data not available. -4- Table 2. Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W):Indexes for semiannual averages and percent changes for selected periods St. Louis, MO -IL (1982-84=100 unless otherwise noted) Item and Group Semiannual average indexes Percent change to 2nd half 2012 from - 2nd half 2011 let half 2012 2nd half 2012 2nd half 2011 1st half 2012 Expenditure category Ail items 211.537 214.712 215.904 2.1 0.6 All items (1967=100) 622.354 631.694 635.202 - - Food and beverages 223.794 229.391 230.805 3.1 .6 Food 223.092 228.977 230.309 3.2 .6 Food at home 213.667 219.467 219.978 2.9 .2 Food away from home 236.611 244.478 246.696 4.3 .9 Alcoholic beverages 209A78 210.239 212.680 1.5 1.2 Housing 199.547 200.731 204.830 2.6 2.0 Shelter 222.607 226.944 231.234 3.9 1.9 Rent of primary residence 1 201.612 205.858 208.416 3.4 1.2 Owners' equivalent rent of residences 1 2 211.280 215.688 220.002 4.1 2.0 Owners' equivalent rent of primary residence 1 2 211.280 215.688 220.002 4.1 2.0 Fuels and utilities ... 211.506 202.109 209.617 -.9 3.7 Household energy 194.337 175.319 192.440 -1.0 9.8 Energy services 1 199.378 179.605 197.907 -.7 10.2 Electricity 1 195.394 169.773 197.007 .8 16.0 Utility (piped) gas servicet 165.672 162.825 160.909 -3.5 -1.2 Household fumishings and operations 120.522 116,575 117.991 -2.1 -.5 Apparel 149.119 158.805 154.879 3.9 -2.5 Transportation 204.817 210.272 208.517 1.8 -.8 Private transportation 204284 209.874 207,823 1.7 -1.0 Motor fuel 312.627 338.396 322.675 3.2 -4.6 Gasoline (all types) 307.417 333.621 317.460 3.3 -4.8 Gasoline, unleaded regular 3 299.523 325.361 309.373 3.3 -4.9 Gasoline, unleaded midgrade 3 4 350.570 380.101 362.411 3.4 -4.7 Gasoline, unleaded premium 3 297.759 321.394 306.569 3.0 -4,6 Medical care 378.017 381.343 379.788 .5 -.4 Recreation 5 118.237 119.533 120.229 1.7 .6 Education and communication 5 134.971 135.152 133.492 -1.1 -1.2 Other goods and services 313.593 314.027 317.345 1.2 1.1 Commodity and service group Ali items 211.537 214.712 215.904 2.1 .6 Commodities 191.122 196.543 195.353 2.2 -.6 Commodities less food and beverages 172.980 177.808 175.651 1.5 -1.2 Nondurables less food and beverages 226.857 237.196 232.791 2.6 -1.9 Durables 120.609 120.755 120.672 .1 -.1 Services 237.410 238.638 242.121 2.0 1.5 Special aggregate indexes All items less medical care 204.654 207.758 209.018 2.1 .6 At items less shelter 209.471 212A11 212.440 1.4 .0 Commodities less food 175.091 179.879 177.819 1.6 -1.1 Nondurables ...... 225.502 234.062 232.249 3.0 -.8 Nondurables less food 226.855 236.805 232.722 2.6 -1.7 Services less rent of shelter 2 242.337 240.380 242.958 .3 1.1 Services less medical care services 225.446 226.434 230.004 2.0 1.6 Energy 246.479 248.494 250.204 1.5 .7 All items less energy 210.120 212.766 214.315 2.0 .7 All items less food and energy 207.308 209.326 210.906 1.7 .8 1 This index series was calculated using a Laspeyres estimator. All other item stratum Index series were calculated using a geometric means estimator. 2 Index is on a November 1984=100 base. Special index based on a substantially smaller sample. 4 Indexes on a December 1993=100 base. 6 Indexes on a December 1997=100 base. Data not available. - 5 -