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Home My WebLink AboutUS Bureau of Labor Statistics- Consumer Price Index Summary.PDFU.S. Bureau of Labor Statistics Consumer Price Index Summary Page I of6 Econornic l{ews Release Consumer Price Index Summary TlaDsmissionofmateria]intbisrefeaseised]argoed" B:30 a.n. (EST) Friday, February f9t 2Oi-O USOr,-rO-OZOr Technical infoxmationi (2021 691-?Ooo Reed.steveGb]s. gou "*,lI".oou/"o,Media contacti l2o2) 69L-5902 pressofficecblslgov " .*- Consmer price Index _ January 201O On a seasonafly adjusted basis, the January Consuner price Index forA11 Urban Conswers (CPI-U) rose 0,2 percent, the U.S. eu..u;l"i --- Labor Statistics reported today. Over the fast 12 months, the iodexincreased 2,6 percent before seasonal adjustnent. The seasonally adjusted increase in the all items index was due to arise in the energy index. An increase in the gasoline index wiis thenain factorf and the indexes for fuel oi1 and naturaL gas rose aswe1f. though the electricity index declined. ?he index for alf items less food and energy fell 0.1 percent inJanuary, This decline was largely the result of decreases in {helndexes for shelter, new vehicles, and alrline fares. In conEqast,the nedicaL care index posted its largest increase since Janu4ry2008, and the index for used cars and trucks increased signiflc;ntlyfor the sixth month in a !oh. The food index .increased in January, with the food at home conponentposting its largest increase since Septenber 2OOB, Sharp incrd-ases inthe indexes for dairy and related products and for fruits andvegetabfes accounted fox nost of the increase. Table A. Percent changes in CpI for All Urban Consuers (cpI-U): U.S. citvaverage Seasonally adjusted changes fron JuIy Aug. 2009 2009 Al1 itens, ,7 .4Food..., -,2 .oI'ood at hone. -.5 -.1food away from home (1),. .L ,LEnergy. , .5 3.'j Energy comodj-ties....,., 1.0 6.'l Gasol-ine (a11 types).,,. 1,1 6,9 Euel oi1 (1.)....,,,..... -.3 5.0 Energy seivi.ces,......... -,2 .1E]ectricity. -.4 -,LUtility {piped) gas service. .5 .5 -1.5 ..7Afl items less food and energy, . .1 .1 .2 .2Comodities less food and enexgy comodities, . . . .2 - .2 ,3 ,4 New vehicles. .. .5 -1.0 .3 1.4Used cars and trucks.,.. ,0 2.0 L.'t 3.1Apparel. .4 .O .2 -.3Medical care comodities {1)...... *.1 .s .6 -2Services less energy servlces. .1, ,2 .I .ISbelter. -.1 .1 .0 .0Transportation servlces ,5 .5 .'j .5Medical care servlces... ,3 ,2 .3 .2 1 Not seasonally adjusted. percenE, sep. 2009 Oct. 2009 .2 .0 .0 .1 .6 .4 .3 2,2 .8 .8 Nov, 2009 .2 .0 -.2 .5 .3 ,l .2 .1 ,B 1.6 .0 -.3 -.2 -.-t Un_ adj usted 12-mos, Jan. ended 20L0 Jan, 2 010 .2 2,6 . A -2.0 2.8 19,1 4.9 46.6 4.4 51.3 6.1 19.3 .0 -a.'? -1 1 -1 0 3. 5 -72,2 .2 .0 .1 -.1 1.6 .2 .1 .1 2.e .5 -.2 -.5 4.-I1.9 2.2 1.5 11.5 -.3 .1 -.1 1,7 ,1 -.2 1,0 :3 -:: ,:1 )q Conswer Price Index Data for January 2O1O Food The food index lose 0.2 percent in,January. The food at hone irldexincreased 0.4 percent, with four of the sia grocery store food groupsposting increases. The index for dairy and related products rode Z.lpercent ln January, but 6till has declined over the past 12 moiths.The index for fruits and vegetables increased 1.3 percent due !o a2,8 percent increase in the jndex for fresh fruits. The index iormeats, poultry, fish, and eggs lose 0.4 percent and the index iornonalcoholic beverages advanced 0.2 percent. The indexes for celrealsand bakery products decl_ined in January, falling 0,5 percent, ahd theindex for other food at home decfj"ned 0.3 percent. ?he index for foodaway flom home increased 0.1 percent in January. Over the last 12nonths, the food index has declined 0.4 percent with the food ai homeindex down 2,0 perceot and the index fo! food away from hone up 1.6 bttp : I I data.bls. gov/cgi-bin/print. pllnews.release/cpi.nrO,htm 03/1st20t0 Consumer Price Index Summary 2009 .Tanuary Februaxy March Apri I May June ,lul y August Septenlce r Octobe! Nove[iber December 2009 .lanuary Februaxy March Ap!i1 May June Jul y August Septembe ! 0ctober .2 .2.2 .2 1. 11 .2 ,2 11 11 ut tt Page2 of 6 ?he energy index rose 2,8 percent in.Tanuary, its nint.h consecutiveincrease, The j-ndex for energy comodities lncreased 4.9 bcrdahrwith the gasoline index rising 4.4 percent. The index f..'fr"r".frifaenergy rose 0.5 percent in \tanuary. The fuel o_i] index increJsed 6.1percent and the index for natural gas rose 3,5 percent, whild theelectricj.ty index dectined 1.1 percent. Over the pu"t iZ ^o^dfr", -tt" energy index has xisen 19,1 percent, with the gusolLnu index up 51.3 Energy A11 itens fess food and energy percent but the index for household energy down 3,5 percent. equivalent rent declined 0.1 percent. The index for new vehidfes fetl0.5 percent, ils second consecutive decline, and the index foraj-rline fares turtred down in January, falling 2.5 percent afterincreasing in each of the past six months. fhe indexes for hduseholdfuxnistlings and operatlons. fo! apparef, and for recreat.ren qtldecleased 0.1 percent j.nJanuary. In contrast, the nedical cdre indexxose 0,5 percent. The index for medical cale comodities rose 0../percent and the nedical care services jndex advanced 0.5 perCent.Afso increasing was the index for used cars and trucks, which rose1.5 pexcent in.Ianuary and has increased 12.9 peacent over rng pastsix months, The index for aff itens less food and energy has iisen1,6 percent over the past 12 nonths. Not seasonafly adjusted CpI measures The index for alL itens less food and energy declined 0.1 pe4cent in.Tanuary after rising 0.1 percent in Decenbex, ?he shelter inqexdecfined 0.5 percent. The index for Lodgjng away fron home felt 2,1percent, while the rent index was unchanged and the index for owners, Revised seasonaJ.ly adjusted changes Over-the-month percent changes in the U.S. City Average ConsmerPrice Index for ALl Urban Consmers {CPI-U) for Al_f ltens and tor Af}ftens Less food and energy, seasonal.Ly adjusted, using former andrecalculated seasonaf factors fo! 2009. All Items Reca}culated DifferenceForner .3 .4 .0 .1 .1 .0 ,4 .2 .3 .4 .1 .0 .0 .0 .1 .0 .0 .1 .0 .0 -,2 .1 ,3 .4 -,t .1 .1 .'7 .7 ,q .2 .2 .2 .2 Al] Iten6 less food and energy Fomer Recafculated Difference .0 .0 .0 -.1 .0 .0 .0 .0 .0 .0 The Consuea Price Index for A11 Uxban Conswers (CpI_U) tnclgased2.6 percent over the last 12 nonths to aD index ]evel of 2L6.FB? Consmer Pxice lndex for A.I1 Urban Consmers ( increased 2.8 percent over the last 12 nonths. for the nonth,index increased 0.4 percent on a not seasonalty adjusted basiPlease note that the indexes for the post-2008 period arerevi sion. The consmer Price Index for !.ebruary 2O1O is scheduled to berefeased on Thursday, March Le, 2010. at 8:30 a.m. (EDf). The Consmer Price lndex for Urban l,lage Earners and C.lerica] l0orkersICPI-W) increased 3,3 percent over the l-ast 12 months to an j"nctexlevel of 212.568 (1,982-84:100), For the nonth, the index incr0.4 percent prior to seasonaf adiustment. hl/cp : I I data.bls. gov/cgi-bin/print. pl/news.release/cpi,nrO.htm 031r5t20t0 Consumer Price Index Summarv Novenber December C-CPI-U ltrdex Revisions As scheduled, effective with release of data for January 201d, theChai.ned Consmer pxice Index for AlL Urban Consuners (C_CpI_U) hasunderqone its aonual revision, -Because the cuxrent expenditure datarequixed for the cal,cufation of the C-CpI-U are avaitable only with atime ]ag, the index is issued.first in pre.liminary form, using thefatest avai.lable expenditure data at the tine of publicatlon, and issublect to two subsequent revisions. Therefore, C_CpI_U inde{es forthe 12 months of 2008 witl be issued in final forn - empfoy_irlgmonth]y expenditure weights fron 2OOB. Va]ues for the 12 nonths of2009 wilI be revised and issued as interin, using expenditurd weightsfron the 200?-2008 period, Calculation of the i;iti;t value of theJanuary 2010 C-CPI-U index, and al-l subsequent months in 2010, willalso be based upon 2007-2008 expenditure weights. Fo! nore lnformation on the C-CPI-U, contact Rob Cage by telephone at1202) 691,-6959 or by electronic mail at Cage.nobGbti.gov Item Structure and publication changes for January 2O1O Effective with this xefease of CpI data, the BLS is introducihoseveral iten structure and other pubfication changes into tne 6pr. .0 .0 ,0 ,1 .0 .1 Page 3 of6 shelter. The expenditure weight for second hones wilf be moved fromLodging away fron home to a new, unpriced stratun under the Ownerslequivaletrt rent expenditure class. As such, the expenditure classindex for Owners,equivalent rent will now include both prinarv andsecondary homes, and the title of that expenditure class inaeJ<'wllichange fron Owners' equivalent rent of primary residences to pwners,equivalent rent of res_idences, Both the expenditure cfass (Owlers,equivafent reot of residences)/ and the Owners' equivalent rept ofprlmaxy resiclence stratm within it, will be published Current Structure Lodging away from hone Iiousing at school, eacluding board Other l.odging away fron hone including hotels and notels Owners' equivalent rent of prinary residence Owners' equivafent rent of prinary residence* New Structure Lodging away fron hone llousing at school, excluding boardOthex lodging away fxon hone, incl.uding hotefs and motefs Owners' equj-valent rent of re€idences Ownersr equivalent rent of primary residence Unsanpfed owners, equivalent rent of secondary residences* Medical care comodlties, The iten structure for Medical carecomodities wiLl chatge: Current Structure Medical care comodities Prescription dxugs Prescription drugs Unsdpled rent or repair of nedical equipnent*Nonpresctiption drugs and nedicaf suppliesInternal and respiratory O?C drugs Nonprescription medical equipment and suppljes New Structure Medical Care Comodities Medicinal drug€ Prescxiption druqs Nanprescription drugs Medi.caL equipment and supplies Medical equipnent and suppfies Un€anpled rent ox repair of nedica.l equipnenc* Telephone services. The iten structure for teLephone servicesalso change: Current structuxe Telephone sexvices land-]ine telephone services. local chargesLand-line teLephone servlces, long distanceWlreless tefephone services New strucLure ?efephone services Wj,reless telephone services Land-.line telephone servtces ldi 1l fndexeg tlEt are deened continuous wi]I have the see referench basepreviousfy used. New index series will have a Decenbet 2009 = iooreference base. Unpublished series are indicated with a *, Other publication changes The index for Slate and locaL !egj.stration and ficense will beretitled State notor vehicle legistratjon and licen€e fees. A new index for lttracity mass transit will be pubtished. Ind6xesfor land-line i.nterstate tolf cafls and land-fine intrastare riII hfip : I I data.bls. gov/cgi-bin/print.pl/news.release/cpi.nrO. htm 03/t5t2010 Consumer Price Index Summary calls wi.11 be discontinued. Expenditure Weight Update Effective with the release of the ,fanuary 2010 CpI on February 19,2010, the Bureau of Labor Statistics (BLS) wi]l update caeconsmption expendituxe weights in the Consmer price fndex for AlfUxban Consmers (CpI-U) and Consuner price Index fot Urban liaoeEarners and Clexicat workers (CpI-!,i) to the 2007-OB period. lheupdated experditure weights for these indexes wiff rlplace tlie 2005_2006 weights that wexe introduced effective with the ianuary 2O0g CpIrelease. As original.ly anoounced by BLS in Decenber 1998, CpIexpendlture weights will contlnue to be updated at two_yearintervals. Facilitles for Sensory Impaired Infomation fron this refease wifl be made available to sensoryimpaired individuats upon request. Voice phone: 202-69I_5200-,Federal Re]ay Services: 1-800-8??-8339. Brief Explanation of the CpI The Conswer Price lndex (CpI) is a measure of the average chanqe inprices over tlne of goods and services purchased Uy frousenofai.- fneBureau of l,abo! Statistics publishes CpIs for two aopulation groups:(1) the CPI for Urban Wage Earnexs and Cfericaf woil-rs lCpl_fa),which covels househoJ.ds of wage earners and clericaf woxkers thatcomprrse approrinately 32 percent of the totaf population and {2) theCPI for All llrban Consmers {CPI-U) and tne Chained CpI for AII UrbanConsmers (C..CPI-U). which.cover approxinately 8? percent of thetotal population and include in addj-tion to wage ealners and blericalworker households, groups such as professional, nanagerial, afdtechnical" woxkexs, the self-employed, short-tem workers, tneunempLoyed, and retirees and others not in the _labor force, The CPIS are based on prices ot food, cfothing, shefter, and luels,transportation fares, charges for doctors, and dettists. se.vtces,drugs, and other goods and services that people buy for day_t5_daVIiving, Pric:es are collected each nonth in B? ulban areas acloss thecouDtry from about 4,000 housing units and approximately 25,0g0retail establishments-departnent stores. supernarkets, ho6pit?ls,fllling $tations, and other types of stores and serviceestablislments. AlL taxes directly associated with the purcnase anduse of items are included in the index, prices of fuels and t fewother items are obtained every nonth in a]l 8? locatlons. prices ofnost other comoditj"es and services are coL.lected every nonth in thethree largest geographic areas and every other nonth in other areas.Prlces of nost goods and services are obtained by personaf viAits ortelephone calls of the Bureau,s trained representatives. In calculating the index, price changes for the various itens in eachlocation ale averaged together with weights? which represent theirinportance in the spending of the appropriate population group.Local data are then conllined to obtain a U.S. clty average. !-or theCPI-U and CPI-l,i separate indexes are also published by size of citV,by region of the couotry, for cross-cfassifications of reqionJ andpopuLation-size classes, and fot 2i local areas. Area indexeJ do notneasure dj-fferences in the levef of prices anong cities; they onlyneasure the average change in prices for each area since the daseperiod, For the C-CPI-U data are issued onl_y at the nationaf leve1.It is important to note that the CPI-U and CPI-W are considered finalwhen re.leased, but the C-CPI-U is lssued io prefininary form andsublect bo t.wo annua.I revisions. The index neasures price change from a designed reference oace. t.orthe CP:[-U and the CPI-W the reference base is 1982-84 equaLs 1OO.O.The reference base for the C-CPI-U js December 1999 equals 1OO. Anincrease of 16.5 percent from the reference base, for example, j-s shown as 116.5, Thls change can also be expressed in dol-1ars asfoLlows: the price of a base period narket basket of goods andservices in the CPI has risen from $10 in 1982-84 to S11.65, f'or further details visit the CpI hone page on the Internet athttp:,//ww.bls.9ov/cpi/ or contact our CpI Information and AnalysisSection on (202) 691-7000. Note on Smpling Error in the Consmer price Index The CPI is a statistical estimate that is subject to sampfing errorbecause it is based upon a sample of retail prices and not theconp.Iete univetse of aIf prices. BLS cafcufates and publishesestinates of the 1-month, 2-mont.h, 6-nont.h and 12-month percenr cbange standard errors annuafly, fo! the CpI-U. These standard errorestimate6 can be used Lo construct confidence intervals forhypothesis testlng. For example, the estj.nated standard elror of theL nonth percent change is 0.04 percent fo! the U.S, AII ]tensConsmer Price Index. This neans that if we repeatedly sanple fromthe unlverse of alf retail prices using the sme methodology, 5ndestinate a percentage cbange for each sample, then 95% of thesbestinates woul-d be within 0.08 percent of the 1 nqnth percentale change based on alf retaif prices. Eor exanple, for a 1-nqnth chanseof 0.2 percent- in the Al] Items CpI for Af1 Urban Consumers, w! are95 percent confident that the actuaf percent change based on aJfretail- prices would fall between 0.12 and O,28 pelcent. ror thelatest data, including infomation on how to use the est.inates ofstandard errot:, see "Varlance Estinates for price Changes in theConswer Price lndex, January-Decenber 200B,'. These data are hfttp : I I data,,bls. gov/cgi-bin/print.pl/news.release/cpi.nrO.htm Page 4 of6 03n5t20t0 Consumer Price Index Summarv available on the CpI home page. thttpi//ww.bls,govlcpl), or by usingthe following link http:,//ww.bts. gov,/cpi/cpi"aiZOOA.pii CaLcufating Index Changes Movements of the indexes fron one month to another are usuaf-Lyexpressed as percent changes rather than changes in index points,because index point changes are affected by the level of the index inxelat.ion to its base perlod while percent -hanges are not. ?he :i:H::.0"t* iLfustrates the conputation of index point and percenr Percent changes for 3-nonth and 6-month periods are expressed asannual rates and are conputed accordlng to the standard formula forconpound growt.h rates. These data indicate what the percenr cnangewoul"d be if the current xate were naint.ained for a 12:nonth peliod. Page 5 of6 Index Point Change cPI 202.41.6 tess previous index 201. 800 Equals index point change .676 Percent Change Index point difference . 616 Divided by the previous index 201. 800 Equals 0. 003 Resufts nultiptied by one hundred 0, 003x100 Equals percent change 0.3 Regions Defined The states in the four below. reglons shown in Tabfes 3 and 6 are li+ted The North.east--Connecticut, Maine, Massachusettsi New Uampshile, NewYo!k, New Jersey, pennsylvania, Rhode Island, and Vernronr,The Midwest--ILIinois, lndianaf Iowa/ Kansas, Michigan, ttinnedota,Missouri, Nebraska, North Dakota, Ohiof South Dakota, and wisJonsin.The South--A]abma. Arkansas, Delaware, Florida. Georgia, Xenducky,Louisiana, Ma.yland, Misslssippi, North caro.lina, Oktatrona, SJutl-Carolina, Tennessee? Teaas, Virginia/ West vj"rginia, and the di"t.i.tof Colunbia. The West--Alaska, Arizona, Cal_ifornia, CoLorado, Hawaii, Idahd,Montana, Nevada. New Mexico, Oregon, Utah, Washington, and ,iydming. A Note on Seasonally Adjusted and Unadjusted Dala Because price data are used for different purposes by differeftgroups. the Bureau of Labor Statistics publishes seasonalfv adiustedas well. as unadjusted changes each month. For ana.lyzing genexaf price lrends in the economyf seasonallyadjusted changes are usually preferred since they eliminate ihleeffect of chaDges that norma_lly occur at. the same time and in aboutthe sane nagnitude every year--such as price novenents resulting fronchanging cl-inatic conditions, production cycles, model changeovtrs,holidays, aDd sales. The unadjusted data are of prinary j.oterest to consmers concerneoabout the prices they actuaffy pay. Unadjusted data afso are usedextensively for escalation puxposes. Many col,fective barsaininocontract itgreenents and pension p]ans, for exmpfe, tie conpensitionchanqes to the Conswer price Index before adjustment for seasona.l-variation, Seasonaf factors used in conputing the seasonally adjusted indexesare derived by the X-12-A.F.II{A Seasooal Adjustneot Method. Seasonaflyadjusled indexes and seasonaf factors are conputed annually. Eachyear, the last 5 years of seasonalfy adjusted data are revised. Datafron Janualy 2005 through Decembe! 2OO9 were repfaced in .lanua!v2010. Exceptj.ons to the usual revision scheduLl werer the updlieaseasonal data at the end of 19?7 replaced data from fSeZ tfr.oufn19?7; and, in ,fanuary 2002, dependentfy seasonally adjusted seiieswexe revilred for,January 1g8?_December 2001 as a result of a chanqein the agg.egation weights for dependently adjusted series. Foffurther infornation. please see ,,Aggregation of Dependenttly adjustedSeasonally Adjusted Sexies,', in the October 2001 issue of ihe 6pIDetailed Report. The seasonal novenent of all itens and 54 other aggregations iAderlved by combining the seasonaf movenent of 73 sefecteo conpoDencs.Each year the seasonaL status of every series is reevaluated tlsedupon certain statistical criteria. If any of the 73 componenrschange their seasonal adjustment status ftom seasonally aajustdO tonot seasonalfy adjusted, not seasonalty adjusLed data will be ilsed inthe aggregation of the dependent series for the last 5 years, Sut. theseasonally adjusted indexes will- be used before that period. Irtote: http : I I data.bls. gov/cgi-bin/print.pl/news.release/cpi.nrO.htm 031r5t2010 Consumer Price Index Summarv 46 of the 73 conponents are seasonally adjusted for 2010. seasonafly adjusted data, including the af1 items iodex .Ievels, aresub]ect to revision for up to five year€ afLer their oriqirafrelease, !'ox this reason, BLS adviies against tn. us.-of these data1n escaf ation aqreenents. Effective wlth the calculation of the seasonat factors for tge0, ttreBureau of labor Statistics has used an enhanced seasona.I adj{stnentpxocedure called Intervention Analysis Seasonal Adjustnent fer soneCPI series, Intexvention Analysis Seasonal adjustirent a]]owg forbetter estinates of seasonally adjusted a.t.. -nri.".. vaJues and/orsharp movements whj_ch night distort the seasonal patfern areestinated and removed from the data prior to .uf."fuiion of Seasonalfactols. Begiming with the calculailon ot ""u"o"ui-iu"tors for1996, X-12-ARIl.4q softwate was used for Intervention enafysis SeasonafAdjustnent. For the seasonal factors introduced in January 2010, BLs adjLlsted 30series using InLervention Analysis Seasonal ai5u"t^.nt, inclqdingsefected food and beverage itens, notor fueIs, electricity andvehicles. For example, thls procedure was used to, ifre uotor ruefseraes to offset the effects.of events such as damage to oifrefineries fron Huxricane Katrina. For a complete fist of Intervention Analysis Seasonal Adjustnentsexies.and explanations, pfease refer to the article ,,IncerventionAnafysis seasonal Adjustment,,, located on ou. ".l"ii. uahttp: //\W. bls , govlcpi /cpisapage . htn. For additiotral_ information on seasonal adjustnent in the CpI, pfeasewrite to the Bureau of tabor Statistics, Oiri"io, of Cor"mu, prr.u" 9i9^fti99 Indexes, washingron. Dc 20272 or contact David r,evih ar1202) 691,-6968t or by e-mait at Levin.DavidGbls.gov ri you havegeneraf questions about the cprr prease calf our-irfornaiio.'-!iutr ut(202) 691-?000. 5,_qqll$q!!!er._P.r!9-IB-de,-1.f _o...r.Urba[ -6".e0-rr-s-uneri!it-a-e!n-dgx-f g.r_u.-rba! Ea mers ancl Cledeal -!.r]orken Page 6 of6 U,.5, CitttAt:erase.expendit{re cdtegoq,'C{nrllr-AdlB:.And- $-e{]l..cr. gIA.Up . laDte 2.. T,alle.& dlrd ele.ricnl 'Wt sele,qlgd ar:en.$, all iterns irdex .H.T-l-1!_ver.siq!..af lhe..-entilpr_err.s The PDF version ofthe news release lahlegfg,ntprus Iast Modified Dater February 19, 2oto www,bls.govlcpi I Telephone; (202) 691-7000 | Faxi 691-6999 Do you have a CpI data ouestion? u's' Bureau of Labor statistics Division of consumer Ptices and Price rndexes suite 3130, 2 t4assachusetts Avenue, NE washington, Dc 20212-0001 http : I I data.bls. gov/cgi-birVprint.pllnews.release/cpi.nrO.htm 031rst2010