An increase of 7 percent from the reference base, for example, is shown as 107.000. The index measures price changes from a designated reference date for most of the CPI-U the reference base is 1982-84 equals 100. All taxes directly associated with the purchase and use of items are included in the index. 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. 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. 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. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. 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. 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 May 2023 Consumer Price Index for the Midwest Region is scheduled to be released on Tuesday, June 13, 2023. Midwest region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted Month A decline in the index for used cars and trucks of 6.1 percent partly offset the rise. Components most contributing to the increase included owners’ equivalent rent of residences (+7.0 percent), recreation (+6.9 percent), and rent of primary residence (+7.3 percent). Over the year, the index for all items less food and energy rose 5.5 percent. Lower prices for medical care services (-0.6 percent) and apparel (-1.1 percent) partially offset the increase. Higher prices for used cars and trucks (+4.7 percent), owners’ equivalent rent of residences (+0.4 percent) and recreation (+1.4 percent) were the largest contributors to the increase. The index for all items less food and energy advanced 0.5 percent in April. Partially offsetting the 12-month decline were prices paid for electricity, which rose by 8.2 percent. Somewhat offsetting the increase were prices paid for natural gas service (-6.8 percent) and electricity (-0.9 percent).įrom April 2022 to April 2023, energy prices decreased 4.4 percent, largely due to lower prices for gasoline (-8.3 percent), but natural gas service (-10.4 percent) also contributed to the decline. The increase was entirely due to higher prices for gasoline (+8.0 percent). The energy index increased 2.3 percent over the month. ![]() Prices for food away from home increased 7.9 percent over the same period. The other food at home index (which includes sugar, sweets, fats, and oils) contributed the most to the annual increase at 11.0 percent, followed by cereals and bakery products (+12.5 percent). Prices for food at home increased 7.3 percent since a year ago, with all six major grocery store food group indexes contributing to the rise. ![]() Over the year, food prices rose 7.5 percent. A decrease in the index for cereals and bakery products (-0.5 percent) somewhat offset the increase. Within the food at home category, prices paid for fruits and vegetables (+0.9 percent) contributed the most to the over-the-month increase. Prices for food at home rose 0.2 percent, and prices for food away from home (restaurant, cafeteria, and vending purchases) fell 0.1 percent for the same period. Over-the-year percent change in CPI-U, Midwest region, April 2020–April 2023 Monthįood prices increased 0.1 percent for the month of April.
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