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Home My Public Portal AboutExhibit RC 91C - Bureau of Labor Statistics February 20, 2014Exhibit RC 91C W BLS NEWS RELEASE BUREAU OF LABOR STATISTICS U.S. DEPARTMENT OF LABOR MOUNTAIN -PLAINS INFORMATION OFFICE Kansas City, Mo. For release: Thursday, February 20, 2014 14-244-KAN Technical information : (816) 285-7000 • BLSInfoKansasCity@b1s.gov • www.bls.govlro7 Media contact : (816) 285-7002 • BLSInfoKansasCity@b1s.gov CONSUMER PRICE INDEX (CPI) FOR ST. LOUIS Prices increased 1.3 percent from the second half of 2012 to the second half of 2013 The Consumer Price Index for All Urban Consumers (CPI-U) for the St. Louis, Mo.-I11., metropolitan area rose 1.3 percent from the second half of 2012 to the second half of 2013, 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 food and shelter having the largest upward impact on the index. Costs for energy registered little movement (0.1 percent), food prices rose 3.1 percent, and the all items less food and energy index advanced 1.2 percent. Chart 1. Over -the -year percent change in consumer price indexes, St Louis, first half 2010-second half 2013 Percent change 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 MtALI items ■AII items less food and energy First half 2010 Second half First half 2011 Second half First half 2012 Second half First half 2013 Second half 2010 2011 2012 2013 SOURCE: U.S. Bureau of Labor Statistics. Food Food prices rose 3.1 percent from the second half of 2012 to the second half of 2013. Costs for food at home were up 3.1 percent and prices for food away from home were 3.2 percent higher over the year. Energy The energy index, which includes motor fuel and household fuels, was little changed (0.1 percent) from the second half of 2012 to the second half of 2013. Electricity prices advanced 9.7 percent, with all of the increase occurring in the most recent six months of the period. Lower costs for motor fuel (-3.4 percent) and utility (piped) gas service (-5.1 percent) helped offset the increase in electricity prices over the year. Motor fuel costs declined in the latter half of the period while most of the decrease in prices for utility (piped) gas service occurred in the first part of the period. All items less food and energy The index for all items less food and energy rose 1.2 percent from the second half of 2012 to the second half of 2013. Higher costs for shelter, up 1.5 percent, led the advance. Other components that contributed to the increase included medical care (2.4 percent) and education and communication (2.2 percent). In contrast, the index for apparel decreased 3.7 percent over the year. The St. Louis CPI-U stood at 218.499 for the second half of 2013. This means that a market basket of goods and services that cost $100.00 in 1982-84 cost $218.50 in the second half of 2013. 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 2013 was 218.549. The CPI-W increased 1.2 percent from the second half of 2012 to the second half of 2013. 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 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 -2- 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 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 areas; they only measure the average change in prices for each area since the base period. The St. Louis, Mo.-Ill., area covered in this release includes Clinton, Jersey, Madison, Monroe, and St. Clair Counties in Illinois; and Crawford (part), Franklin, Jefferson, Lincoln, St. Charles, St. Louis, and Warren 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 -IL (1982-84=100 unless otherwise noted) Item and Group Semiannual average indexes Percent change to from - 2nd half 2012 1st half 2013 2nd half 2013 2nd half 2013 2nd half 2012 1st half 2013 Expenditure category All items 215.514 217.431 218.499 1.3 0.5 All items (1967=100) 640.410 645.805 648.977 _ Food and beverages 229.958 234.273 237.242 3.2 1.3 Food 228.662 233.097 235.785 3.1 1.2 Food at home 218.772 221.413 225.575 3.1 1.9 Food away from home 245.124 251.103 252.933 32 .7 Alcoholic beverages 221.885 223.910 230.717 4.0 3.0 Housing 201.789 202.408 204.757 1.5 1,2 Shelter 230.390 231.349 233.797 1.5 1.1 Rent of primary residence 1 208.416 208.875 212.149 1.8 1.6 Owners' equivalent rent of residences 1 2 240.140 241.232 242.977 1.2 .7 Owners' equivalent rent of primary residence 1 2 240.140 241.232 242.977 1.2 .7 Fuels and utilities 205.420 205.817 212.496 3.4 3.2 Household energy 189.357 181.507 198.108 4.6 9.1 Energy services 1 194.157 186.024 203.365 4.7 9.3 Electricity 1 197.008 188.766 216.058 9.7 14.5 Utility (piped) gas service 1 160.909 154.152 152.782 -5.1 -.9 Household fumishings and operations 124.938 124.428 123.852 -.9 -.5 Apparel 156.711 161.184 150.927 -3.7 -6.4 Transportation 202.326 206.541 203.499 .6 -1.5 Private transportation 202.788 206.751 203.352 .3 -1.6 Motor fuel 322.653 331.913 311.710 -3.4 -6.1 Gasoline (all types) 317.459 326.948 306.755 -3.4 -6.2 Gasoline, unleaded regular 3 309.388 318.545 298.815 -3.4 -6.2 Gasoline, unleaded midgrade 3 4 362.411 375.087 351.855 -2.9 -6.2 Gasoline, unleaded premium 3 306.554 314.080 295.659 -3.6 -5.9 Medical care 378.276 378.404 387.348 2.4 2.4 Recreation 5 117.855 117.611 117.155 -.6 -.4 Education and communication 5 139.471 138.477 142.539 2.2 2.9 Other goods and services 305.960 309.246 308.908 1.0 -.1 Commodity and service group All items 215.614 217.431 218.499 1.3 .5 Commodities 189.457 191.757 190.130 .4 -.8 Commodities less food and beverages 167.455 168.626 165.234 -1.3 -2.1 Nondurables less food and beverages 228.922 232.725 225.053 -1.7 -3.3 Durables 110.936 110.120 110.219 -.6 .1 Services 243.851 245.285 248.754 2.0 1.4 Special aggregate indexes All items less medical care 207.435 209.304 210.050 1.3 .4 All items less shelter 212.539 214.715 215.361 1.3 .3 Commodities less food 170.372 171.771 168.429 -1.1 -1.9 Nondurables 230.218 234.279 231.669 .6 -1.1 Nondurables Tess food 230.134 233.865 226.938 -1.4 -3.0 Services less rent of shelter 2 264.402 266.485 271.393 2.6 1.8 Services less medical care services 231.354 232.915 235.906 2.0 1.3 Energy 247.443 246.873 247.814 .1 .4 All items less energy 215.523 217.165 218.712 1.5 .7 All items less food and energy 213.571 214.721 216.068 1.2 .6 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. 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 2013 from - 2nd half 2012 1st half 2013 2nd half 2013 2nd half 2012 1st halt 2013 Expenditure category All items 215.904 217.826 218.549 1.2 . 0.3 All items (1967=100) 635.202 640.855 642.983 _ Food and beverages 230.805 234.760 237.810 3.0 1.3 Food 230.309 234.355 237.224 3.0 1.2 Food at home 219.978 222.516 226.991 3.2 2.0 Food away from home 246.696 251.782 253.192 2.6 .6 Alcoholic beverages 212.680 214.879 220.227 3.5 2.5 Housing 204.830 205.559 208.167 1.6 1.3 Shelter 231.234 232.232 234.543 1.4 1.0 Rent of primary residence 1 208.416 208.875 212.149 1.8 1.6 Owners' equivalent rent of residences 1 2 220.002 221.002 222.601 1.2 .7 Owners' equivalent rent of primary residence 1 2 220.002 221.002 222.601 12 .7 Fuels and utilities 209.817 210.268 217.586 3.8 3.5 Household energy 192.440 184.470 202.136 5.0 9.6 Energy services 1 197.907 189.618 208.165 5.2 9.8 Electricity 1 197.007 188.765 216.057 9.7 14.5 Utility (piped) gas service.' 160.909 154.153 152.783 -5.1 -.9 Household furnishings and operations 117.991 117.681 117.316 -.6 -.3 Apparel 154.879 161.334 149.447 -3.5 -7.4 Transportation ..... 208.517 212.362 208.670 .1 -1.7 Private transportation 207.823 211.577 207.698 -.1 -1.8 Motor fuel 322.675 331.895 311.725 -3.4 -6.1 Gasoline (all types) 317.460 326.949 306.755 -3.4 -6.2 Gasoline, unleaded regular3 309.373 318.530 298.801 -3.4 -6.2 Gasoline, unleaded midgrade 3 4 362.411 375.087 351.855 -2.9 -6.2 Gasoline, unleaded premium 3 306.569 314.095 295.674 -3.6 -5.9 Medical care 379.788 379.799 389.590 2.6 2.6 Recreation 5 120.229 120.181 119.824 -.3 -.3 Education and communication 5 133.492 132.089 135.634 1.6 2.7 Other goods and services 317.345 320.501 320.206 .9 -.1 Commodity and service group All items 215.904 217.826 218.549 1.2 .3 Commodities 195.353 197.475 195.182 -.1 -1.2 Commodities less food and beverages 175.651 177.001 172.710 -1.7 -2.4 Nondurables lass food and beverages 232.791 237.180 228.532 -1.8 -3.6 Durables 120.672 119.267 118.983 -1.4 -.2 Services 242.121 243.913 247.505 2.2 1.5 Special aggregate indexes All items less medical care 209.018 210.975 211.429 1.2 .2 All items Tess shelter 212.440 214.716 214.922 1.2 .1 Commodities less food 177.819 179.199 175.114 -1.5 -2.3 Nondurables 232.249 236.451 233.028 .3 -1.4 Nondurables less food 232.722 237.020 229.035 -1.6 -3.4 Services less rent of shelter 2 242.958 245.548 250.392 3.1 2.0 Services less medical care services 230.004 231.891 235.038 2.2 1.4 Energy 250.204 250.288 250.226 .0 .0 All items less energy 214.315 215.974 217.344 1.4 .6 All items less food and energy 210.906 212.153 213.262 1.1 .5 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. 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.