CPI Detailed Report. Contents. U.S. DEPARTMENT OF LABOR Ray Marshall, Secretary

Transcription

1 Detailed Report For Consumer Price Index: U.S. City Average and Selected Areas Contents U.S. DEPARTMENT OF LABOR Ray Marshall, Secretary BUREAU OF LABOR STATISTICS Julius Shiskin, Commissioner OFFICE OF PRICES AND LIVING CONDITIONS W. John Layng, Assistant Commissioner The Detailed Report is a monthly report on consumer price movements including statistical tables and technical notes. This publication may be ordered from the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C.. Subscription price per year: $9., domestic $., foreign $5, single copy Material in this publication is in the public domain and may be reproduced without permission of the Federal Government. Please credit the Bureau of Labor Statistics. Library of Congress Catalog number 7-79 November Page Price movements Chart. index and its rate of change, Chart. Commodities less food index and its rate of change, Chart. Total food index and its rate of change, Chart. Services index and its rate of change, Table. U.S. city average, by commodity and service group and expenditure class Table. seasonally adjusted U.S. city average, by commodity and service group and expenditure class Table. food items, U.S. city average Table. nonfood commodities and services, U.S. city average Table 5. selected areas, all items index 8 Table. areas priced monthly, by expenditure class, percent change from to 8 Table 7. selected areas, by expenditure class 9 Table 8. food groups, selected areas Table 9. gasoline indexes, U.S. city average and selected areas Table. gasoline average prices, U.S. city average and selected areas Table. by population size Table. by region Appendix: Technical notes 5

2 Price Movements The Consumer Price Index () rose percent in before seasonal adjustment to 8. percent of its 97 base. The was percent higher than in 97. Seasonally adjusted changes On a seasonally adjusted basis, the rose percent in, the same as in. The July increase was percent. The rose moderately in for the third consecutive month as prices for food and other commodities continued to show small increases. prices increased percent in, and prices of nonfood commodities rose percent. Charges for consumer services rose percent in, the same as in, and less than the average monthly increase of percent in the first 7 months of this year. Changes in the third quarter For the months ended in, the rose at a seasonally adjusted annual rate of percent; this was noticeably slower than the 8 percent rise in the quarter ended in June, the percent rise in the quarter ended in March, and the same as in the final quarter of 97. (See table B.) The slowdown occurred primarily in the food and nonfood commodities components, reflecting larger supplies of farm and energy products this summer compared with last winter and a slackening in consumer demand since spring., The rise in retail food prices slowed to a percent rate in the third quarter as food prices at the processors' level declined at a 7 percent rate. In the first half year, food prices at both retail and processors' levels advanced at rates exceeding percent. The decline at the processors' level which was broad based reflected lower prices at the farm level. Prices for crude foods and feeds declined at Table A. Percent changes in and components, selected periods Changes in all items Month Changes from preceding month Commodities less food Services Compound annual rate from months ago From months ago Seasonally adjusted Seasonally adjusted Seasonally adjusted Seasonally adjusted Seasonally adjusted Unadjusted Unadjusted Unadjusted Unadjusted Unadjusted 97: October... November, December, - - O : January... February.. March April May June July

3 a percent rate in the second quarter and at a 7 percent rate in the third quarter. Prices of intermediate materials used in food manufacturing also declined in the third quarter at a percent rate following sharp advances in the first two quarters of this year. (See table B.) An important turnaround in food prices in the third quarter was for coffee. With prices of green coffee moving down since the second quarter as a result of a sharp cutback in coffee purchases by consumers, roasters and retailers reduced their prices in the third quarter. However, the declines were small relative to the sharp advances recorded during 97 and particularly in the first two quarters of this year. Prices for pork, poultry, and eggs also declined at both the retail and processors' levels in the third quarter in response to increased output which was reflected in declining prices at the farm level. Beef prices declined at the retail level reflecting earlier declines in prices at the processors' level as well as increased competition from large supplies of pork and poultry; however, beef prices at the processors' level and cattle prices at the farm level turned up in the third quarter; the increase was primarily due to strong demand which bolstered cow prices; heavy slaughter continued to depress steer prices. Although prices rose at the retail level for other foods such as dairy products, cereal and bakery products, salad and cooking oils, and sugar and sweets, increases in the third quarter were smaller than earlier in the year. Price rises at retail slowed as prices for these products turned down at the processors' level for the first quarterly decline this year. The downturn in processors' prices reflected earlier declines in prices for raw commodities and ingredients such as wheat, flour, raw sugar, cocoa beans, soybeans, and milk used in processed dairy products. Prices for wheat, corn, and soybeans which have a widespread impact on food production costs and prices Table B. Changes in selected components of the Consumer and Wholesale Price Indexes, 97*77 Index months ending (compound annual rate, seasonally adjusted) 97 March June December March June Consumer Price Index Commodities less food Services less food and energy items.. Commodities less food and energy items Services less energy items Energy items (gas, electricity, fuel oil, coal, gasoline, motor oil) Wholesale Price Index All commodities Farm products and processed foods and feeds Crude foods and feeds Intermediate materials for food manufacturing Consumer foods Industrial commodities Crude materials except foods... Intermediate materials except foods Producers' finished goods Consumer finished goods except foods Industrial except fuels 7. 7 Crude materials, excluding foods, feeds, and fibers.

4 Table C. Changes in wholesale and retail prices for consumer goods and services, months ending (compound annual rate, seasonally adjusted) Index Index 97 March June December March June Consumer Price Index Consumer goods Meats, poultry, fish... Dairy products Cereal and bakery products Fresh fruits and vegetables Commodities less food... Nondurables less food Apparel less footwear Footwear Gasoline Fuel oil Tobacco products.. Durables New cars.... Furniture Appliances including radio and television... Services Rent Household less rent Medical care Other services Q A 7.*T ft Q Q A 57«*t inp U.O in n \J.\J i i R ft %JmO 8-7 A 7 n /.u O.OO Q p o O.O C A Includes items not listed. includes motor oil. includes coal. NOTE: Consumer goods represent percent and services percent of all items in the Consumer Price Index. Consumer goods represent percent of all commodities in the Wholesale Price Index. declined sharply in the third quarter as harvests this summer pointed to large supplies for the -78 marketing year. Both corn and soybean crops are expected to surpass last year's record and the wheat crop is expected to be just slightly less than last year's record. Raw sugar prices, which declined in the second quarter, turned up in the third quarter. The increase, which occurred in, was primarily due to expectations of government action to boost sugar prices. Prices declined again late in the quarter following reports of increased supplies in the

5 world market. Cocoa bean prices also turned up in the third quarter. Ghana, the largest producer of cocoa beans, raised its prices as the world supply remained tight; in addition, the crop in Brazil the second largest producer is expected to be reduced because of adverse weather conditions. Prices for fresh fruits and vegetables turned up in the third quarter and prices of processed fruits and vegetables continued to increase at the retail, processors' and farm levels. Although prices of most fruits and vegetables have moved erratically from quarter-to-quarter, prices for fresh orange juice and frozen orange concentrates have been moving up steadily this year because of the effects of last winter's freeze in Florida and the smaller California-Arizona Valencia crop this year. Consumer goods other than food. During the third quarter of, prices for consumer goods other than food rose at an annual rate of percent at the retail level. This was the smallest increase in any calendar quarter since 97 and it was down from the 5 percent rate in the first half year. At the primary market level, the rise in these prices moderated to a 5 percent rate from June to, following a 7 percent rate of advance registered from December to June. The slowdown in the component was primarily due to a sharp decline in used car prices (which are not included in the ). Used car prices declined in each month during the third quarter reflecting weak demand especially for large-size cars. House prices (which are also in the component but not in the ) rose at a faster rate in the third quarter than in either of the first two quarters of this year. The for commodities excluding food, used cars, and houses which would be most nearly comparable to the for consumer finished goods excluding foods rose at a. percent rate in the third quarter, slightly less than the percent rate in the second quarter, and the 5 percent rate in the first quarter. Prices increased less in the third quarter for apparel, appliances, furniture, and footwear at both the retail and manufacturers' levels. A smaller rise in consumer demand this summer than in the first half year as well as slower rise in prices of some materials contributed to the slowdown. Among energy products, the for gasoline moved down, and prices for retail gasoline increased less than in the second quarter. Fuel oil prices at the retail and manufacturing levels continued to advance but at rates much slower than those posted in the first quarter. Record seasonal stocks as a result of abundant crude oil inventories and increased production of refined petroleum products contributed to these developments New car price indexes in both the and rose at a faster rate in the third quarter than in the first two quarters Gasoline and fuel oil prices in the are lagged one month but are current in the. of this year. The acceleration was primarily due to price increases on imported cars following a decline in the value of the dollar in international markets. Also, year-end discounts on domestic cars were smaller-than-usual because of strong demand. Prices of tobacco products advanced sharply in the third quarter at both the retail and manufacturers' levels primarily due to higher costs for leaf tobacco. Materials costs are important factors which affect manufacturers' prices. In the third quarter, prices of industrial materials at the intermediate stage of process rose at a 7 percent rate, faster than the percent rate in the second quarter, and about the same as the rates posted in the first quarter of this year and in the fourth quarter of 97. Sharply higher prices for some kinds of construction materials and metals accounted for much of the third quarter rise. Among other intermediate industrial materials, prices were higher from June to for liquefied petroleum gas, electric power, and motor vehicle parts. On the other hand, prices moved down after increasing during the second quarter for inedible fats and oils, leather, and most kinds of textile products. Prices for crude materials excluding foods, feeds, and fibers moved up at an 8 percent annual rate in the third quarter after declining slightly in the second quarter. Most of the increase was due to higher prices for natural gas and crude petroleum reflecting upward adjustments in regulated prices. Both ferrous and nonferrous scrap metal quotations declined, partly as a result of sluggish domestic steel production and continued excess production and inventories of copper. Services, Prices of consumer services rose at an annual rate of 7 percent in the third quarter, compared with rates of 9 and 9 percent in the first and second quarters of. The rate of price increase in transportation service in the third quarter was less than one-half the rate of increase in the previous quarter. In addition, charges for household services excluding rent and medical care services rose less in the quarter than in the previous - month period. Residential rent charges rose at a rate of 7. percent, slightly more than in the first and second quarters of. In the transportation services sector, auto insurance rates rose at the slowest rate since early 975. It appeared that the sizable rate increases for auto insurance throughout most of 975 and 97 enabled companies to replenish reserves which had been liquidated during the period, when underwriting losses were heavy. Increased profits in permitted some insurance companies to pay consumers dividends and postpone further rate hikes. In the public transportation sector, smaller increases in the third quarter were noted for local transit fares, taxicab charges, railroad and bus fares. Also, in the third quarter,

6 airline fares rose for the third time in, as the Civil Aeronautics Board agreed for the first time to consider future airline costs on fare increase requests. The rate of increase in household services other than rent slowed to 8 percent from its percent rate in the second quarter. Mortgage interest rates turned down in the third quarter as the amount of lendable funds continued to be adequate despite the continued surge in new home construction and subsequent demand for mortgage funds. Property taxes increased at the smallest rate in over a year. Charges for housekeeping and home repair services also increased at a slower rate in the third quarter. On the other hand, charges for natural gas and electricity continued to increase rapidly percent-rate in the quarter compared with a rate of percent in the previous months. Consumer electric bills rose sharply when many areas were granted rate increases and higher costs for coal, petroleum, and other fuels were passed through. Gas prices also continued to increase sharply in the third quarter as rate hikes were noted in many large metropolitan areas including Los Angeles, Houston, San Francisco, Baltimore, and San Diego. Medical care services also increased at a slower rate in the third quarter, as the rate of change for physicians' fees decelerated slightly. There were signs that advances in some physicians' expenses such as medical malpractice insurance were easing somewhat. Hospital service charges continued to increase at a annual rate above percent for the third consecutive quarter. Large increases were noted for semiprivate and operating room rates. Other types of services, including personal care, recreational, and apparel services rose at an annual rate of percent, slightly higher than in the June quarter. Charges for these services which traditionally are more susceptible to discretionary spending than most household or medical care services continued to advance as higher labor, material, and overhead changes were passed through to consumers.

7 SE«I- Chart. index and its rate of change, (97=) flll ITEMS INDEX I NOT SERSONRLLY RDJUSTEOl Z PERCENT CHRNGE OVER L-MONTH SPRN ISERSONRLLY ROJUSTEOJ 5C*lE 8 PERCENT CHRNGE OVER -MONTH SPflN (RNNURL RRTE. SERSONFILLY RJU5TEI A PERCENT CHRNGE OVER -HONTH SPRN IRNNURL ROTE, SERSONflLLY ROJUSTEOI RRITH. SCRLE B PERCENT CHRNGE OVER L-MNTH SPflN L97 98 L Computed from the unadjusted series. UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS

8 SEtU- "" too IBO Chart. Commodities less food index and its rate of change, (97=) caririodjtjes LESS POOD INOEX (SEftSONflLLY flojusteol MO ftrjth. 5CflLE PERCENT CHflNGE OVER t-month SPRN ISEflSONflLLY fiojusteol PERCENT CHRNGE OVER -MONTH SPflN IflNNUflL RflTE. SERSQNflLLY RJUSTE SEP V SEP A ith. I PERCENT CHflNGE OVER -honth SPf?N (BNNUflL RflTE, SEflSONflLLY BOJUSTEOJ flrjth. SCALE -T m i TH. SCflLE PERCENT CHONGE OVER -MONTH SPflN / / Computed from the unadjusted series. UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS

9 Chart. Total food index and its rate of change, (97=) serti- CP5 TOTftL FOOD INDEX ISEffSONRLLY RJUSTE WUTH. SC8LE,. I. - - CHANGE OVER l-month SPR (SERSONRLLY ROJUSTEO PERCENT CHRNGE OVER -honth SPRN IflNNUflL RRTE* SERSONflLLY flojusteoi BRJTH, SCALE PERCENT CHRNGf OVER -MONTH SPflN BNNURL RflTE. SEflSONftLLY ROJUSTEOI 9 - PERCENT CHRNGE OVER -MONTH SPflN / / Computed from the unadjusted series. UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS 8

10 SEMJ- \_os ISO Chart. Services index and its rate of change, (97=) CPJ SERVICES INDEX ISEflSONfiLLY flojusteol PERCENT.CHRNGE OVER t-month SP flsonrlly d ' MUTH. SCALE PERCENT CHRNGE OVER -fionth SPflN IflNNUfiL R«TE. SEflSONRLLY RJUSTE 8 PERCENT CHflNGE OVER -MONTH SPflN (flnnum. Rjrtt. SEflSONflLLY flojusteql f^rith. SC8LE ftrjtn. SCflLE 8 OVER -MONTH SPflN / Computed from the unadjusted series. UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS 9

11 Table. U.S. city average, by commodity and service group and expenditure class (Consumer price index for urban wage earners and clerical workers, 97=) Unadjusted Relative Unadjusted indexes importance percent change to j fron Group or class December I June to July Commodity and service groups (957-59=). Commodities at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other foods at home 9 away from home 5. 7 Commodities less food 8 Nondurables less food Apparel commodities Men's and boys' Women's and girls' Footwear Other apparel commodities 8. Nondurables less food and apparel Gasoline and motor oil Tobacco products Alcoholic beverages Fuel oil and coal 8 85 Other nondurables Durable commodities Household durables 5. 5 New automobiles 9 5 Used automobiles Other durables *. 8 Services Rent Services less rent 5 8 Household services less rent 8 8 services Medical care services Other services Special indexes:. less food * Nondurable commodities *. Apparel commodities less footwear Services less medical care services *. 8 Insurance and finance Utilities and public transportation Housekeeping and home maintenance service 7 8 * Appliances (including radio and TV). 95 Shelter Rent Homeownership Fuel and utilities Gas and electricity Household furnishings and operation. Apparel and upkeep Private Public Medical care Personal care Reading and recreation Other goods and services Special indexes: less shelter less medical care less mortgage interest costs -domestically produced farm foods.. -selected beef cuts 5 less food and energy Purchasing power of consumer dollar: 97=$ =$ $,5 9 Also includes hotel and motel rates not shown separately. Includes home purchase, mortgage interest, taxes, insurance, and maintenance and repairs. Also includes residential telephone, fuel oil, coal, water, and sewerage services not shown separately. Calculated from the food at home component by excluding fish, nonalcoholic beverages, bananas, chocolate candy bars, chocolate syrup, and about half of the $,5 7 O Expenditure classes *. * - - * * * *. * * *. - Seasonally adjusted percent change from July to * * * * * * * *.. - *. *. 7 * - *. * *. *. - to * * * - *. 7 * *. 7 * * - * *. 7 * * *. *. *- index weight for sugar. 5 Calculated from the beef and veal component by excluding veal cutlets and beef liver. Energy includes gasoline, motor oil, fuel oil, coal, gas, and electricity. Not seasonally adjusted. NOTE: Index applies to month as a whole, not to any specific date.

12 Table. seasonally adjusted U.S. city average, by commodity and service group and expenditure class (Consumer price index for urban wage earners and clerical workers, 97=) Group and class June Seasonally adjusted indexes July December 97 Seasonally adjusted annual rate percent change for months ending in March June Commodity and service groups months ending in March.... Commodities at home... Cereals and bakery products Meats poultry and fish Dairy products Fruits and vegetables Other foods at home away from home Commodities less food Nondurables less food Apparel commodities Men's and boys' Women's and girls' Footwear Other apparel commodities.. Nondurables less food and apparel... Gasoline and motor oil Tobacco products Alcoholic beverages Fuel oil and coal. Other nondurables Durable commodities Household durables New automobiles Used automobiles Other durables Services Rent Services less rent.... Household services less rent. services Medical care services Other services Special indexes: less food.. Nondurable commodities.... Apparel commodities less footwear Services less medical care services * Insurance and finance Utilities and public transportation Housekeeping and home maintenance service. Appliances (including radio and TV) Expenditure classes! Shelter * Rent Homeownership x. Fuel and utilities Gas and electricity Household furnishings and operation... Apparel and upkeep. Private Public l Medical care! Personal care Reading and recreation Other goods and services Special indexes: less shelter, less medical care less mortgage interest costs. less food and energy s domestically produced farm foods!... selected beef cuts Not seasonally adjusted. Calculated from the food at home component by excluding fish, nonalcoholic ; Also includes hotel and motel rates not shown separately. beverages, bananas, chocolate candy bars, chocolate syrup, and about half of the index Includes home purchase, mortgage interest, taxes, insurance, and maintenance and weight for sugar. 7 repairs. Calculated from the beef and veal component by excluding veal cutlets and Also includes residential telephone, fuel oil, coal, water, and sewerage service not beef liver, shown separately.» Energy includes gasoline, motor oil, fuel oil, coal, gas and electricity. NQTE: n(jex app ies tq mqnth as a who f not t any specjfic date.

13 Table. food items, U.S. city average (Consumer price index for urban wage earners and clerical workers, 97=) Item and group Index Percent change to from 97 Unadjusted Seasonally adjusted Unadjusted Unadjusted Seasonally adjusted away from home Restaurant meals Snacks at home Cereals and bakery products. Flour Cracker meal Corn flakes Rice Bread, white Bread, whole wheat Cookies Layer cake Cinnamon rolls Meats, poultry, and fish Meats Beef and veal Steak, round Steak, sirloin Steak, porterhouse... Rump roast Rib roast Chuck roast Hamburger Beef liver Veal cutlets Pork Chops Loin roast Sausage Ham, whole Picnics Bacon Other meats Lamb chops... Frankfurters Ham, canned Bologna sausage Salami sausage Liverwusrt Poultry Frying chicken Chicken breasts Turkey Fish Shrimp, frozen Fish, fresh or frozen... Tuna fish, canned Sardines, canned Dairy products Milk, fresh, grocery Milk, fresh, skim Milk, evaporated Ice cream Cheese, American process. Butter Fruits and vegetables Fresh fruits and vegetables. Fresh fruits Apples Bananas Oranges Orange juice, fresh... Grapefruit Grapes Strawberries Watermelon Fresh vegetables Potatoes Onions Asparagus Cabbage Carrots Celery Cucumbers Lettuce Peppers, green Spinach Tomatoes See footnotes at end of table , ( ( ) H , ( ) H # _. 9. #.. _ e. 8 _ # 7 -! _, l!,7 _,,7.,.,.,5.,,, 8.,., 5, 7,,,,5, 8,,,,. 7, 8,, f ) - 8 -

14 Table. food items, U.S. city average Continued (Consumer price index for urban wage earners and clerical workers97=) Index Percent change to from Item and group 97 Unadjusted Seasonally adjusted Unadjusted Unadjusted Seasonally adjusted Continued at home Continued Fruits and vegetables Continued Processed fruits and vegetables Fruit cocktail canned Pears canned Pineapple-grapefruit drink canned Orange juice concentrate frozen Lemonade concentrate frozen... Beets canned Peas green canned Tomatoes canned Dried beans Broccoli frozen Other food at home E99S Fats and oils.... Margarine Salad dressing Italian Salad or cooking oil Sugar and sweets Suaar Grape jelly Chocolate bar Syrup chocolate flavored Nonalcoholic beverages Coffee Coffee, instant Tea Carbonated drink cola flavored Carbonated drink fruit flavored Prepared and partially prepared foods Bean soup canned Chicken soup canned Spaghetti, canned Mashed potatoes instant Potatoes french fried frozen Baby foods Sweet pickle relish Pretzels , (*) 88 (i) (*) 8 /i\ I ) 8 (J) n (*) o (*) - (*) - (*) - H (M ṇ H (*) () () H (*) Not available. Priced only in season.

15 Table. nonfood commodities and services, U.S. city average (Consumer price index for urban wage earners and clerical workers, 97=) Item and group Other index base Index <^ Percent change to from 97 Shelter ' Rent, residential Homeownership Mortgage interest rates Property taxes Property insurance premium Maintenance and repairs Maintenance and repair commodities Exterior house paint Interior house paint Maintenance and repair services... Repainting living and dining rooms Reshingling house roof Residing house Replacing sink Repairing furnace Fuel and utilities Fuel oil and coal Fuel oil, No. Gas and electricity Gas Electricity Other utilities: Residential telephone services Residential water and sewerage services Household furnishings and operation... Housefumishings Textiles Sheets, full, flat Curtains, tailored Bedspreads Drapery fabrics Pillows, bed Slipcovers and throws, ready-made. Furniture and bedding Bedroom furniture, chest and dresser Sofas, upholstered Cocktail tables Dining room chairs Recliners, upholstered Sofas, dual purpose Bedding, mattress and box springs.. Aluminum folding chairs Cribs Floor coverings Broadloom carpeting Vinyl sheet goods Vinyl floor tile Appliances (excluding radio and TV).. Washing machines, electric Vacuum cleaners Refrigerators, refrigerator-freezers, electric Ranges, free standing, gas or electric Clothes dryers, electric Air conditioners, demountable Room heaters, electric, portable... Garbage disposal units Other housefumishings: Dinnerware, fine china Flatware, stainless steel Table lamps, with shade Lawn mowers, power, rotary type. Electric drills, hand-held Housekeeping supplies: Laundry soaps and detergents Paper napkins Toilet tissue Housekeeping services: Domestic services, general housework Baby sitter services Postal charges Laundry, flatwork, finished service... Licensed day care services, preschool child Washing machine repairs Mar. 7 Dec. 7 Mar. 7 Dec. 7 June ( 5 ) ( 5 ) !! ( 5 ) ( 5 ) Ṛ See foonotes at end of table.

16 Table. nonfood commodities and services, U.S. city average Continued (Consumer price index for urban wage earners and clerical workers, 97=) Item and group Other index base Indexes Percent change to from 97 Apparel and upkeep Apparel commodities Apparel commodities less footwear Men's and boys' Men's: Topcoats and all-weather coats.. Suits, year round weight Sport jackets Jackets, lightweight Slacks, heavyweight Slacks, lightweight Trousers, work Shirts, work Shirts, business or dress T-shirts Socks Handkerchiefs Boys': Coats, heavyweight Sport coats, wool or wool blends Dungarees Undershorts Women's and girls' Women's: Coats, heavyweight Carcoats, heavyweight Sweaters Skirts, winter weight Skirts, summer weight, Blouses Dresses, street, year round weight Slips Panties Girdles Brassieres Hose or panty hose, nylon Anklets or knee-length socks Gloves, fabric Handbags Girls': Raincoats Skirts, fall and winter Dresses Slacks, fall and winter. Slips Handbags Other apparel commodities Diapers Yard goods Wrist watches, men's and women's Footwear Men's: Shoes, street Shoes, work, high Women's: Shoes, street, pump Shoes, evening, pump Shoes, casual Houseslippers, scuff Children's: Shoes, oxford Sneakers, boys', oxford type Dress shoes, girls' Apparel services: Drycleaning Automatic laundry service Laundry, men's shirts Tailoring charges Shoe repairs June ( 5 ) ( 5 ) ( 5 ) ( 5 ) -. ( 5 ) Private 7 Automobiles, new Automobiles, used Gasoline, regular, premium, and unleaded... Motor oil Tires Auto repairs (mechanical) and maintenance 8 Auto insurance premiums Auto registration fees Parking fees, private and municipal See footnotes at end of table. 5

17 Table. nonfood commodities and services, U.S. city average Continued (Consumer price index for urban wage earners and clerical workers, 97=) Item and group Other index base Indexes Percent change to ] from Continued Public Local transit fares Taxicab fares Railroad fares, coach Airplane fares, chiefly coach Bus fares, intercity Medical care 9 Drugs and prescriptions Over-the-counter items Multiple vitamin concentrates Aspirin compounds Liquid tonics Adhesive bandages, packages Cold tablets or capsules Cough syrup Prescriptions Anti-infectives Sedative and hypnotics Ataractics Antispasmodics Cough preparations Cardiovasculars and antihypertensives Analgesics, internal Hormones Professional services: Physicians' fees General physician, office visits General physician, house visits Obstetrical cases Pediatric care, office visits Psychiatrist, office visits Herniorrhapy, adult Tonsillectomy and adenoidectomy Dentists' fees Fillings, adult, amalgam, one surface Extractions, adult Dentures, full upper Other professional services: Examination, prescription, and dispensing of eyeglasses Routine laboratory tests Hospital service charges Semiprivate rooms Operating room charges X-ray, diagnostic series, upper Gl Laboratory tests Anti-infectives Tranquilizers Electrocardiogram Intravenous solution Physical therapy Oxygen, inhalation therapy Personal care Toilet goods Toothpaste, standard dentifrice Toilet soap, hard-milled Hand lotions Shaving cream. Face powder Deodorants Cleansing tissues Home permanent wave kits Personal care services Men's haircuts Beauty shop services Women's haircuts Shampoo and wave sets, plain Permanent waves, cold Reading and recreation Recreational goods TV sets, portable and console TV replacement tubes Radios, portable and table models Tape recorders, portable Phonograph records, stereophonic Movie cameras, 8mm Film, 5mm, color Golf balls Jan. 7 Jan. 7 Jan. 7 Jan. 7 Jan. 7 Jan. 7 Jan. 7 Jan o' _ See footnotes at end of table.

18 Table. nonfood commodities and services, U.S. city average Continued (Consumer price index for urban wage earners and clerical workers, 97=) Item and group Other index Indexes Percent change to fron 97 Continued Reading and recreation Continued Recreational goods Continued Basketballs, rubber or vinyl cover Fishing rods, fresh-water spincasting Bowling balls Bicycles, boys' Tricycles Dog food, canned or boxed Recreational services Indoor movie admissions Adult Children's Drive-in movie admissions Bowling fees, evening Golf green fees TV repair Film developing Reading and education: Newspapers, street sale and delivery Magazines, single copy and subscription Piano lessons, beginner Other goods and services Tobacco products Cigarettes, nonfilter tip, regular size Cigarettes, filter tip, king size Cigars, domestic, regular size Alcoholic beverages Beer, at home Whiskey, spirit blended and straight bourbon Wine, dessert and table Beer, away from home Financial and miscellaneous personal expenses: Funeral services, adult Bank service charges, checking account Legal services, short form will Also includes hotel and motel rates not shown separately. Also includes home purchase costs not shown separately. Also includes pine shelving, furnace filters, packaged dry cement mix, and shrubbery not shown separately. Also includes window shades, nails, carpet sweepers, air deodorizers, steel wool scouring pads, envelopes, reupholstering, and moving expenses. 5 Priced only in season. Also includes men's sport shirts, women's and girls' lightweight coats, women's books, and college textbooks, not shown separately. slacks, bathing suits, girls' shorts, earrings, and zippers not shown separately. 7 Also includes storage batteries and drivers' license fees not shown separately. 8 Includes prices for water pump replacement, motor tune-up, automatic transmission repair, front-end alignment, and chassis lubrication; does not include prices for auto body repairs. In the this component represents consumers' direct, out-ofpocket expenses for automobile repairs and maintenance. 9 Also includes health insurance not shown separately. Also includes outboard motors, nondurable toys, college tuition fees, paperback 7

19 Table 5. -selected areas, all items index (Consumer price index for urban wage earners and clerical workers) Area Pricing schedule Indexes 97= = Other bases Percent change frcm 97 June U.S. city average M 8.. Chicago Detroit Los Angeles Long Beach N Y -Northeastern N J Philadelphia M M M M M July July 97 April Boston Houston Minneapolis St Paul Pittsburgh , May Buffalo Cleveland Dallas Milwaukee San Diego Seattle Washington June Atlanta Baltimore Cincinnati Honolulu Kansas City St Louis San Francisco Oakland Area coverage includes the urban portion of the corresponding Standard Metropolitan Statistical Area (SMSA) except for New York and Chicago which have more extensive Standard Consolidated Areas. Area definitions were established for the 9 Census and exclude revisions made since 9. s, fuels, and several other items priced every month in all cities; most other goods and services priced as indicated: M Every month. January, April, July, and October. February, May,, and November. March, June,, and December. November 9=. February 95=. Revised index for June, 8.. Revised index for June,. December 9=. NOTE: Price changes within areas are found in the Consumer Price Index; differences in living costs among areas are found in family budgets. Table. areas priced monthly, by expenditure class, percent change from to (Consumer price index for urban wage earners and clerical workers, 97=) Expenditure class U.S. city average Chicago Detroit Los Angeles- Long Beach New York- Northeastern New Jersey Philadelphia Apparel and upkeep Medical care Personal care. Reading and recreation. Other goods and services ( ) - - ( ) - U -, - ( ) See footnote, table 5. Not available. 8

20 Table 7. selected areas, by expenditure class (Consumer price index for urban wage earners and clerical workers, 97=) Expenditure class U.S. city average Chicago Detroit Los Angeles- Long Beach New York- Northeastern New Jersey Philadelphia Indexes, at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home away from home ' Shelter Rent, residential Homeownership Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation. Apparel and upkeep.. Men's and boys'... Women's and girls'. Footwear ( ) ( ) Private Public Medical care Personal care Reading and recreation.. Other goods and services ( ) ( ) ( ) 58 Percent changes June to... at home Cereals and bakery products.. Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home away from home Shelter Rent, residential Homeownership Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation... M ( ) ( ) M.O 5 Apparel and upkeep.. Men's and boys!... Women's and girls'. Footwear Private Public Medical care Personal care Reading and recreation... Other goods and services See footnotes at end of table. 9

21 Table 7. -selected areas, by expenditure class Continued (Consumer price index for urban wage earners and clerical workers97=) Expenditure class Atlanta Baltimore Cincinnati Honolulu Kansas City St. Louis San Francisco- Oakland Indexes, at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home away from home Shelter Rent, residential Homeownership Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation Apparel and upkeep Men's and boys' Women's and girls' Footwear Private Public Medical care Personal care Reading and recreation Other goods and services Percent changes June to. at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home away from home Shelter Rent, residential Homeownership Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation Apparel and upkeep Men's and boys' Women's and boys' Footwear Private Public Medical care Personal care Reading and recreation Other goods and services.. See footnote, table 5. Not available. Change from July. Revised index: June,8.. Revised index: June,8.

22 Table 8. food groups, selected areas (Consumer price index for urban wage earners and clerical workers, 97=) U.S. city average Area Atlanta Baltimore Boston Buffalo Chicago Cincinnati Cleveland Dallas Detroit Honolulu Houston Kansas City Los Angeles Long Beach Milwaukee Minneapolis St. Paul... N.Y.-Northeastern N.J. Philadelphia Pittsburgh St. Louis San Diego San Francisco Oakland. Seattle '. Washington Total food Total U Cereals and bakery products at home Meats, poultry, and fish Dairy products Indexes, T Fruits and vegetables Percent changes, to Other foods home away from home ( ) ( ) U.S. city average Atlanta Baltimore Boston Buffalo Chicago Cincinnati Cleveland Dallas Detroit Honolulu Houston Kansas City Los Angeles Long Beach Milwaukee Minneapolis-St. Paul... N.Y.-Northeastern N.J. Philadelphia Pittsburgh St. Louis San Diego San Francisco-Oakland. Seattle Washington U ( ) - ( ) See footnote, table 5. Not available.

23 Table 9. gasoline indexes, U.S. city average and selected areas (Consumer price index for urban wage earners and clerical workers, January 97=) Leaded regular gasoline Unleaded regular gasoline Premium gasoline Area Index Percent change to Sept. from Index Percent change to Sept. from Index Percent change to Sept. from U.S. city average Atlanta Baltimore Boston Buffalo Chicago Cincinnati Cleveland Dallas Detroit Honolulu Houston Kansas City Los Angeles Long Beach Milwaukee Minneapolis St. Paul N.Y.-Northeastern NJ Philadelphia Pittsburgh. St. Louis San Diego San Francisco Oakland Seattle l Area coverage includes the urban portion of the corresponding Standard Metro- extensive Standard Consolidated Areas are used. Area definitions are those established politan Statistical Area (SMSA) except for New York and Chicago where the more for the 9 Census and do not include revisions made since 9. Table. gasoline average prices, U.S. city average and selected areas (Consumer price index for urban wage earners and clerical workers) Leaded regular gasoline Unleaded regular gasoline Premium gasoline Area July July Average price per gallon July U.S. city average $, $, $,9 $,7 $. 7 $, $,8 $,8 $,8 Atlanta.... Baltimore Boston Buffalo Chicago Cincinnati Cleveland Dallas.... Detroit Honolulu Houston Kansas City Los Angeles Long Beach Milwaukee Minneapolis St. Paul N.Y. Northeastern NJ Philadelphia Pittsburgh St. Louis San Diego San Francisco Oakland Seattle Washington Area coverage includes the urban portion of the corresponding Standard Metro- extensive Standard Consolidated Areas are used. Area definitions are those established poli tan Statistical Area (SMSA) except for New York and Chicago where the more for the 9 Census and do not include revisions made since 9.

24 Table. -by population size (Consumer price index for urban wage earners and clerical workers, 97=) Area and group Relative importance Indexes (97=) Percent change to fron December June 97 June United States: Apparel and upkeep Class A- ( million or more): Apparel and upkeep Class A- ( million to million): Apparel and upkeep Class B (5, to million): Apparel and upkeep Class C (5, to 5,): Apparel and upkeep Class D (,5 to 5,): Apparel and upkeep 788. Ill Based upon 9 Census of Population.

25 Table. -by region (Consumer price index for urban wage earners and clerical workers, 97=) Area and group Relative importance Percent change to from December June 97 June United States: Apparel and upkeep Northeast: Apparel and upkeep North Central: Apparel and upkeep South: Apparel and upkeep West: Apparel and upkeep Regional index and relative importance data exclude Anchorage, Alaska, and relative importances will not add to U.S. totals. Honolulu, Hawaii which are included in the U.S. level data. Consequently, regional

26 The Consumer Price Index () measures average changes in prices of goods and services usually bought by urban wage earners and clerical workers. It is based on prices of about items which were selected to represent the movement of prices of all goods and services purchased by wage earners and clerical workers. Prices for these items are obtained in urban portions of 9 major statistical areas and 7 smaller cities, which were chosen to represent all urban places in the United States. They are collected from about 8, establishments grocery and department stores, hospitals, filling stations, and other types of stores and service establishments. Prices of food, fuels, and a few other items are obtained every month in all 5 locations. Prices of most other commodities and services are collected every month in the five largest areas and every months in other areas. Prices of most goods and services are obtained by Appendix: Technical Notes Brief Explanation of the * personal visits of the Bureau's trained representatives. Mail questionnaires are used to obtain local transit fares, public utility rates, newspaper prices, fuel prices, and certain other items. In calculating the index, price changes for the various items in each location are averaged together with weights which represent their importance in the spending of all wage earners and clerical workers. Local data are then combined to obtain a U.S. city average. Separate indexes are also published for areas. The index measures price changes from a designated reference date 97 which equals.. An increase of percent, for example, is shown as.. This change can also be expressed in dollars as follows: The price of a base period "market basket" of goods and services bought by urban wage earners and clerical workers has risen from $ in 97 to SI. A Note About Calculating Index Changes Movements of the indexes from one month to another are usually expressed as percent changes rather than changes in index points because index point changes are affected by the level of the index in relation to its base period while percent changes are not. The example in the accompanying box illustrates the computation of index point and percent changes. Seasonally adjusted percent changes in the U.S. All Items Index are based on seasonal adjustment factors and seasonally adjusted indexes carried to two decimal places. This procedure helps to eliminate rounding error in the percent changes. Percent changes for -month and -month periods are expressed as annual rates and are computed according to the standard formula for compound growth rates. These data indicate what the percent change would be if the current rate were maintained for a -month period. BLS does not publish annual rates based on data for month. j j j j Less previous index Index Point Change Equals index pomt change: Index point difference. Percent Change I Divided by the previous index, Equals, Results multiplied by one hundred Equals percent change:.5.5x A Note on Seasonally Adjusted and Unadjusted Data Because price data are used for different purposes by different groups, the Bureau of Labor Statistics publishes seasonally adjusted as well as unadjusted changes each month. For analyzing general price trends in the economy, seasonally adjusted changes are usually preferred, since they eliminate the effect of changes that normally occur at the same time and in about the same magnitude every year such as price movements resulting from changing climatic conditions, production cycles, model changeovers, holidays, and sales. The unadjusted data are of primary interest to consumers concerned about the prices they actually pay. Unadjusted data are also used extensively for escalation purposes. Many collective bargaining contract agreements and pension plans, for example, tie compensation changes to the Consumer Price Index unadjusted for seasonal variation. 5