The URL can be used to link to this page

Home My Public Portal AboutExhibit RC 91D - Bureau of Labor Statistics August 15, 2013Exhibit RC 91 D BLS BUREAU of LABOR STATISTICS U.S. DEPARTMENT OF I.AAROR NEWS RELEASE MOUNTAIN -PLAINS INFORMATION OFFICE Kansas City, Mo. For release: Thursday, August 15, 2013 Technical information : (816) 285-7000 • BLSInfoKansasCity@b1s.gov Media contact : (816) 285-7003 • BLSInfoKansasCity@b1s.gov 13-1664-KAN • www.bls.gov/ro7 CONSUMER PRICE INDEX (CPI) FOR ST. LOUIS Prices increased 1.6 percent from the first half of 2012 to the first half of 2013 The Consumer Price Index for All Urban Consumers (CPI-U) for the St. Louis, Mo.-IlI., metropolitan area rose 1.6 percent from the first half of 2012 to the first 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 shelter having the largest upward impact on the index. Costs for energy were up 0.8 percent, food prices rose 2.6 percent, and the all items less food and energy index advanced 1.5 percent. Chart 1. Over -the -year percent changes in consumer price indexes, St. Louis, first half 2010—first half 2013 Percent change 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 First half 2010 Second half First half 2091 2010 SOURCE: U.S. Bureau of Labor Statistics. OAR items EAll items less food and energy Second half First half 2012 Second half First half 2013 2011 2012 Food Food prices rose 2.6 percent from the first half of 2012 to the first halt of 2013, considerably less than the 5.3-percent advance in the same period one year ago. Costs for food at home were up 1.4 percent and prices for food away from home advanced 3.4 percent over the year. Comparatively, these indexes rose 6.8 percent and 3.7 percent, respectively, from the first half of 2011 to the first half of 2012. Energy The energy index, which includes motor fuel and household fuels, increased 0.8 percent from the first half of 2012 to the first half of 2013. An 11.2-percent gain in electricity prices had the greatest impact on the energy component. Higher costs for motor fuel in the most recent six months of the period partially offset price declines that occurred in the earlier portion, leaving the motor fuel index down 1.9 percent over the year ---the first annual decline since 2009. Costs for utility (piped) gas service were down 5.3 percent with most of the decrease occurring in the latter part of the period. All items less food and energy The index for all items less food and energy rose 1.5 percent from the first half of 2012 to the first half of 2013. Higher costs for shelter, up 2.4 percent, led the advance. Other components that contributed to the increase included apparel (3.4 percent), other goods and services (2.1 percent), and recreation (1.0 percent). In contrast, the index for education and communication decreased 1.1 percent over the year and costs for household furnishings and operations were down 1.0 percent. The St. Louis CPI-U stood at 217.431 for the first half of 2013. This means that a market basket of goods and services that cost $100.00 in 1982-84 cost $217.43 in the first 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. CPT-W The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the St. Louis, Mo.-Ill., metropolitan area for the first half of 2013 was 217.826. The CPI-W increased 1.5 percent from the first half of 2012 to the first 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. -2 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/hornch17_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., 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 -IL (1982-84=100 unless otherwise noted) Item and Group Semiannual average indexes Percent change to 1st half 2013 from - 1st half 2012 2nd half 2012 1st half 2013 1st half 2012 2nd half 2012 Expenditure category All items 213.921 215.614 217.431 1.6 0.8 All items (1967=100) 635.381 640.410 645.805 - Food and beverages 228.571 229.958 234.273 2.5 1.9 Food 227.295 228.662 233.097 2.6 1.9 Food at home 218.434 218.772 221.413 1.4 1.2 Food away from home 242.823 245.124 251.103 3.4 2.4 Alcoholic beverages 220.374 221.885 223.910 1.6 .9 Housing 197.935 201.789 202.408 2.3 .3 Shelter 225.997 230.390 231.349 2.4 .4 Rent of primary residence 1 205.858 208.416 208.875 1.5 .2 Owners' equivalent rent of residences 1 2 235.431 240.140 241.232 2.5 .5 Owners' equivalent rent of primary residence 1 2 235.431 240.140 241.232 2.5 .5 Fuels and uliitties 198.473 205.420 205.817 3.7 .2 Household energy 173.212 189.357 181.507 4.8 -4.1 Energy services 1 177.075 194.157 186.024 5.1 -4.2 Electricity 1 169.775 197.008 186.766 11.2 -4.2 Utility (piped) gas service 1 162.825 160.909 154.152 -5.3 -4.2 Household furnishings and operations 125.689 124.938 124.428 -1.0 -.4 Apparel 155.952 156.711 161.184 3.4 2.9 Transportation 203.881 202.326 206.541 1.3 2.1 Private transportation 204.851 202.788 206.751 .9 2.0 Motor fuel 338.441 322.653 331.913 -1.9 2.9 Gasoline (all types) 333.621 317.459 326.948 -2.0 3.0 Gasoline, unleaded regular 3 325.377 309.388 318.545 -2.1 3.0 Gasoline, unleaded midgrade 3 4 380.101 362.411 375.087 -1.3 3.5 Gasoline, unleaded premium 3 321.379 306.554 314.080 -2.3 2.5 Medical care 379.807 378276 378.404 -.4 .0 Recreation 5 116.462 117.855 117.611 1.0 -.2 Education and communications 139.986 139.471 138.477 -1.1 -.7 Other goods and services 302.801 305.960 309.246 2.1 1.1 Commodity and service group A.I items 213.921 215.614 217.431 1.6 .8 Commodities 189.901 189.457 191.757 1.0 1.2 Commodities less food and beverages 168.681 167.455 166.826 .1 .8 Nondurables less food and beverages 231.294 228.922 232.725 .6 1.7 Durables 111.121 110.936 110.120 -.9 -.7 Services 240.229 243.851 245.285 2.1 .6 SpeclaI aggregate Indexes All items less medical care 205.827 207.435 209.304 1.8 .9 All items less shelter 211.890 212.539 214.715 1.3 1.0 Commodities less food 171.536 170.372 171.771 .1 .8 Nondurables 230.799 230.218 234.279 1.5 1.8 Nondurables less food 232.311 200.134 233.865 .7 1.6 Services less rent of shelter 2 261.360 264.402 266.485 2.0 .8 Services less medical care services 227.562 231.354 232.915 2.4 .7 Energy 244.876 247.443 246.873 .8 -.2 All items less energy 213.533 215.523 217.165 1.7 .8 All items less food and energy 211.466 213.571 214.721 1.5 .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 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) ltem and Group Semiannual average indexes Percent change to from- 1st half 2012 2nd half 2012 1st half 2013 1st half 2013 1st half 2012 2nd half 2012 Expenditure category All Hems 214.712 215.904 217.826 1.5 0.9 All items (1967=100) 631.694 635.202 640.855 - - Food and beverages 229.391 230.805 234.760 2.3 1.7 Food 228.977 230.309 234.355 2.3 1.8 Food at home 219.467 219.978 222.516 1.4 1.2 Food away from home 244.478 246.696 251.782 3.0 2.1 Alcoholic beverages 210.239 212.680 214.879 2.2 1.0 Housing 200.731 204.830 205.559 2.4 .4 Shelter 226.944 231.234 232232 2.3 .4 Rent of primary residence 1 205.858 208.416 208.875 1.5 .2 Owners' equivalent rent of residences 1 2 215.688 220.002 221.002 2.5 .5 Owners' equivalent rent of primary residence 1 2 215.688 220.002 221.002 2.5 .5 Fuels and utilities 202.109 209.617 210.208 4.0 .3 Household energy 175.319 192.440 184.470 5.2 -4.1 Energy services 1 179.605 197.907 189.618 5.6 -4.2 Electricity 1 169.773 197.007 188.765 11.2 -4.2 Utility (piped) gas service 1 162.825 160.909 154.153 -5.3 -4.2 Household furnishings and operations 118.575 117.991 117.681 -.8 -.3 Apparel 158.805 154.879 161.334 - 1.6 4.2 Transportation 210.272 208.517 212.362 1.0 1.8 Private transportation 209.874 207.823 211.577 .8 1.8 Motor fuel 338.396 322.675 331.895 -1.9 2.9 Gasoline (all types) 333.621 317.460 326.949 -2.0 3.0 Gasoline, unleaded regular 3 325.361 309.373 318.530 -2.1 3.0 Gasoline, unleaded midgrade 3 4 380.101 362.411 375.087 -1.3 3.5 Gasoline, unleaded premium 3 321.394 306.569 314.095 -2.3 2.5 Medical care 381.343 379.788 379.799 -.4 .0 Recreation 5 119.533 120.229 120.181 .5 .0 Education and communication 5 135.152 133.492 132.089 -2.3 -1.1 Other goods and services 314.027 317.345 320.501 2.1 1.0 Commodity and service group All items 214.712 215.904 217.826 1.5 .9 Commodities 196.543 195.353 197.475 .5 1.1 Commodities less food and beverages 177.808 175.651 177.001 -.5 .8 Nondurables less food and beverages 237.196 232.791 237.180 .0 1.9 Durables 120.755 120.672 119267 -1.2 -1.2 Services 238.638 242.121 243.913 2.2 .7 Special aggregate Indexes All items less medical care 207.758 209.018 210.975 1.5 .9 All items less shelter 212.411 212.440 214.716 1.1 1.1 Commodities less food 179.879 177.819 179.199 -.4 .8 Nondurables 234.062 232.249 236.451 1.0 1.8 Nondurables less food 236.805 232.722 237.020 .1 1.8 Services less rent of shelter 2 240.380 242.958 245.548 2.1 1.1 Services less medical care services 226.434 230.004 231.891 2.4 .8 Energy 248.494 250.204 250.288 .7 .0 All items less energy 212.766 214.315 215.974 1.5 .8 All Items less food and energy 209.326 210.908 212.153 1.4 .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 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.