Area prices were up 0.3 percent over the past month, up 7.5 percent from a year ago

Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.3 percent in December, the U.S. Bureau of Labor Statistics reported today. (See table A.) The food index rose 0.6 percent in December while the index for energy declined 2.1 percent as a result of lower gasoline prices. The all items less food and energy index increased 0.5 percent in December due to advances in the categories for new and used motor vehicles, medical care, household furnishings and operations, and recreation. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U advanced 7.5 percent. (See chart 1 and table A.) The index for all items less food and energy increased 5.7 percent over the year. Energy prices jumped 30.6 percent, largely the result of an increase in the price of gasoline. Food prices increased 7.5 percent. (See table 1.)

View Chart Data

Food

Food prices rose 0.6 percent for the month of December. (See table 1.) Prices for food at home increased 0.6 percent, and prices for food away from home advanced 0.6 percent for the same period.

Over the year, food prices increased 7.5 percent. Prices for food at home advanced 7.4 percent since a year ago, and prices for food away from home increased 7.7 percent.

Energy

The energy index fell 2.1 percent over the month. The decrease was due to lower prices for gasoline (-4.0 percent) and to a lesser extent, a 0.8 percent drop in costs for natural gas service. The electricity index increased 0.2 percent in December.

Energy prices rose 30.6 percent over the year. Gasoline prices were up 48.8 percent compared to a year ago and natural gas service costs rose 33.7 percent over the year. Prices for electricity advanced 3.8 percent during the past year.

All items less food and energy

The index for all items less food and energy advanced 0.5 percent in December. Higher prices for new and used motor vehicles (2.0 percent), medical care (0.6 percent), household furnishings and operations (1.1 percent), and recreation (0.9 percent) were only partially offset by lower prices for apparel (-1.1 percent) and education and communication (-0.1 percent).

Over the year, the index for all items less food and energy increased 5.7 percent. Components contributing to the increase included new and used motor vehicles (20.2 percent), shelter (4.5 percent), and household furnishings and operations (9.1 percent).

Month 2017 2018 2019 2020 2021
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.7 2.2 0.6 1.6 0.2 0.8 0.4 2.5 0.5 1.2

February

0.2 2.4 0.2 1.7 0.7 1.3 0.3 2.1 0.8 1.7

March

0.1 1.9 0.2 1.8 0.6 1.7 -0.5 1.0 0.7 3.0

April

0.4 1.8 0.4 1.8 0.3 1.5 -1.1 -0.4 0.8 4.9

May

0.0 1.4 0.5 2.3 0.3 1.3 0.3 -0.4 1.0 5.6

June

0.0 0.9 0.2 2.5 0.0 1.2 0.8 0.4 1.0 5.8

July

0.0 1.3 0.0 2.4 0.2 1.5 0.5 0.7 0.6 5.9

August

0.3 1.5 0.0 2.1 0.0 1.5 0.4 1.1 0.2 5.7

September

0.3 1.5 0.1 1.9 0.0 1.4 0.2 1.3 0.2 5.7

October

-0.2 1.5 0.1 2.2 0.2 1.5 -0.1 1.0 0.8 6.6

November

0.2 1.9 -0.6 1.4 -0.2 1.9 -0.2 1.0 0.4 7.3

December

-0.2 1.7 -0.4 1.3 0.0 2.3 0.1 1.1 0.3 7.5

The January 2022 Consumer Price Index for the Midwest Region is scheduled to be released on Thursday, February 10, 2022.

Coronavirus (COVID-19) Pandemic Impact on December 2021 Consumer Price Index Data

Data collection by personal visit for the Consumer Price Index (CPI) program has been suspended almost entirely since March 16, 2020. When possible, data normally collected by personal visit were collected either online or by phone. Additionally, data collection in December was affected by the temporary closing or limited operations of certain types of establishments. These factors resulted in an increase in the number of prices considered temporarily unavailable and imputed.

While the CPI program attempted to collect as much data as possible, many indexes are based on smaller amounts of collected prices than usual, and a small number of indexes that are normally published were not published this month.

For each month from March 2020 to December 2021, BLS has published a summary of the impact of the pandemic on the Consumer Price Index news release and data. The impact summary for December is available at www.bls.gov/covid19/consumer-price-index-covid19-impacts-december-2021.htm. Beginning with publication of January 2022 data in February 2022, this month-specific impact summary will be discontinued. However, information related to the impact of the pandemic will continue to be available at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-consumer-price-index.htm.


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 93 percent of the total U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. 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 75 urban areas across the country from about 6,000 housing units and approximately 22,000 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; for most of the CPI-U the reference base is 1982-84 equals 100. An increase of 7 percent from the reference base, for example, is shown as 107.000. Alternatively, that relationship can also be expressed as the price of a base period market basket of goods and services rising from $100 to $107. For further details see the CPI home page on the internet at www.bls.gov/cpiand the CPI section of the BLS Handbook of Methods available on the internet at www.bls.gov/opub/hom/cpi/.

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 cities; they only measure the average change in prices for each area since the base period.

The Midwest region is comprised of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Expenditure category Indexes Percent change from
Oct.
2021
Nov.
2021
Dec.
2021
Dec.
2020
Oct.
2021
Nov.
2021

All items

257.793 258.911 259.609 7.5 0.7 0.3

All items (December 1977 = 100)

419.443 421.262 422.397

Food and beverages

270.883 272.279 273.898 7.1 1.1 0.6

Food

271.335 272.824 274.453 7.5 1.1 0.6

Food at home

249.139 249.142 250.622 7.4 0.6 0.6

Cereals and bakery products

275.701 276.763 280.192 5.6 1.6 1.2

Meats, poultry, fish, and eggs

288.098 288.855 289.510 13.5 0.5 0.2

Dairy and related products

212.930 214.270 213.581 1.9 0.3 -0.3

Fruits and vegetables

287.671 285.533 290.090 7.6 0.8 1.6

Nonalcoholic beverages and beverage materials

178.911 177.167 179.750 6.9 0.5 1.5

Other food at home

214.122 214.685 214.591 5.9 0.2 0.0

Food away from home

307.993 311.731 313.604 7.7 1.8 0.6

Alcoholic beverages

263.730 263.968 265.448 1.7 0.7 0.6

Housing

252.586 253.207 253.832 5.9 0.5 0.2

Shelter

299.370 300.638 301.055 4.5 0.6 0.1

Rent of primary residence

300.024 301.403 302.039 3.7 0.7 0.2

Owners' equivalent rent of residences

305.161 306.554 307.251 4.1 0.7 0.2

Owners' equivalent rent of primary residence

305.072 306.458 307.156 4.1 0.7 0.2

Fuels and utilities

252.684 251.448 251.445 12.0 -0.5 0.0

Household energy

207.489 206.161 206.067 15.0 -0.7 0.0

Energy services

213.649 212.021 211.704 13.7 -0.9 -0.1

Electricity

207.141 205.495 205.980 3.8 -0.6 0.2

Utility (piped) gas service

209.867 208.374 206.809 33.7 -1.5 -0.8

Household furnishings and operations

128.294 128.187 129.614 9.1 1.0 1.1

Apparel

114.918 111.784 110.516 3.6 -3.8 -1.1

Transportation

233.869 238.028 238.179 21.3 1.8 0.1

Private transportation

233.468 237.102 237.489 21.9 1.7 0.2

New and used motor vehicles

118.647 120.995 123.421 20.2 4.0 2.0

New vehicles

154.523 156.811 159.150 12.5 3.0 1.5

New cars and trucks

109.221 110.826 112.491 12.5 3.0 1.5

New cars

151.004 154.160

Used cars and trucks

194.686 199.847 207.038 37.6 6.3 3.6

Motor fuel

287.353 293.355 282.043 48.7 -1.8 -3.9

Gasoline (all types)

286.005 291.916 280.384 48.8 -2.0 -4.0

Gasoline, unleaded regular

279.256 285.061 273.494 49.8 -2.1 -4.1

Gasoline, unleaded midgrade

327.821 334.716 324.063 43.1 -1.1 -3.2

Gasoline, unleaded premium

304.170 309.998 301.188 39.5 -1.0 -2.8

Motor vehicle insurance

736.807 737.669 736.357 4.8 -0.1 -0.2

Medical care

523.379 524.390 527.708 1.8 0.8 0.6

Medical care commodities

369.884 369.497 370.093 -1.9 0.1 0.2

Medical care services

574.339 575.798 579.994 2.6 1.0 0.7

Professional services

437.642 437.309 439.930 2.4 0.5 0.6

Recreation

126.909 127.123 128.253 3.5 1.1 0.9

Education and communication

142.260 141.904 141.707 0.9 -0.4 -0.1

Tuition, other school fees, and child care

1,227.067 1,226.444 1,224.927 0.6 -0.2 -0.1

Other goods and services

463.890 465.276 465.205 4.1 0.3 0.0

Commodity and service group

Commodities

199.863 200.972 201.727 12.4 0.9 0.4

Commodities less food and beverages

165.124 166.079 166.486 15.9 0.8 0.2

Nondurables less food and beverages

208.738 208.651 205.916 14.2 -1.4 -1.3

Durables

120.242 121.706 123.932 17.6 3.1 1.8

Services

317.009 318.113 318.732 4.3 0.5 0.2

Special aggregate indexes

All items less shelter

245.313 246.386 247.181 8.8 0.8 0.3

All items less medical care

245.254 246.379 246.950 8.2 0.7 0.2

Commodities less food

168.277 169.216 169.653 15.2 0.8 0.3

Nondurables

239.224 239.844 239.169 10.2 0.0 -0.3

Nondurables less food

211.524 211.458 208.995 13.1 -1.2 -1.2

Services less rent of shelter

345.139 346.078 346.946 4.0 0.5 0.3

Services less medical care services

297.816 298.896 299.232 4.6 0.5 0.1

Energy

243.658 245.627 240.486 30.6 -1.3 -2.1

All items less energy

262.589 263.643 264.891 5.9 0.9 0.5

All items less food and energy

261.811 262.791 263.975 5.7 0.8 0.5

Note: Index applies to a month as a whole, not to any specific date.

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BLS - U.S. Bureau of Labor Statistics published this content on 12 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2022 18:15:03 UTC.