Error on Page

New England Information Office

News Release Information

14-2002-BOS October 22, 2014

Contacts

Technical information:
Media contact:

Consumer Price Index, Boston-Brockton-Nashua - September 2014

Area prices up over two months; up 1.6 percent from a year ago

The Consumer Price Index for All Urban Consumers (CPI-U) in the Boston-Brockton-Nashua area was up 0.2 percent in September, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Deborah A. Brown noted that over the two-month period an increase in the all items less food and energy index was partially offset by lower gasoline prices. (Data in this report are not seasonally adjusted. Accordingly, bimonthly changes may reflect the impact of seasonal influences.)

Over the last 12 months the Boston CPI-U rose 1.6 percent. The increase was largely attributable to higher shelter prices, up 3.3 percent. (See chart 1.)  

 Chart 1. Over-the-year percent change in CPI-U, Boston-Brockton-Nashua, September 2011 - September 2014

 

Food

Food prices edged up 0.5 percent since July due to higher grocery store, also known as food at home, and restaurant prices. Prices within each category were up 0.5 and 0.4 percent, respectively.

From September 2013 to September 2014 the index for food rose 1.5 percent mainly due to higher grocery store prices (+1.6 percent) and, to a lesser extent, higher restaurant prices (+1.3 percent).  

Energy

The energy index fell 4.2 percent over the two months, mainly due to lower gasoline prices, down 6.1 percent.  Area motorists paid $3.476 per gallon of gasoline in September.

Energy prices were down 1.2 percent from a year ago, attributable to lower gasoline prices down 4.8 percent, and to a lesser extent, lower utility (piped) gas prices, down 5.3 percent.  Partially offsetting these declines was an 8.0-percent advance in local electricity prices. 

All items less food and energy

The index for all items less food and energy increased 0.7 percent in September, due to higher prices for shelter and apparel.  Price increases within apparel were attributable to higher prices for women’s and girls’ apparel and the introduction of fall fashion lines. 

Over the year, the index for all items less food and energy rose 1.9 percent, with higher shelter costs, rising 3.3 percent from September 2013, being the main cause of this increase. This marked the 39th consecutive annual increase in the local shelter index.

CPI-W

In September, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 255.818. The CPI-W edged up 0.1 percent over two months and rose 1.0 percent over the year.

The November 2014 Consumer Price Index for Boston-Brockton-Nashua is scheduled to be released on Wednesday, December 17, 2014, at 8:30 a.m. (ET).


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 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.

The index measures price change 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.bls.gov/opub/hom/homch17_a.htm.

In calculating the index, price changes for the various items in each location are averaged together withweights 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 Boston-Brockton-Nashua, Mass.-N.H.-Maine-Conn. consolidated area covered in this release is comprised of Essex, Middlesex, Norfolk, Plymouth and Suffolk Counties and parts of Bristol, Hampden, and Worcester Counties in Massachusetts; parts of Hillsborough, Merrimack, Rockingham, and Strafford Counties in New Hampshire; part of York County in Maine; and part of Windham County in Connecticut.

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

 

Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods, Boston-Brockton-Nashua, Ma.-N.H.-Maine-Conn., (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure category Indexes Percent change from
 
Historical
data
Jul.
2014
Aug.
2014
Sep.
2014
Sep.
2013
Jul.
2014
Aug.
2014

All items

Jump to page with historical data
255.296   255.878 1.6 0.2  

All items (1967 = 100)

Jump to page with historical data
742.023   743.715      
 

Food and beverages

Jump to page with historical data
250.075   251.453 1.5 0.6  

Food

Jump to page with historical data
250.544   251.716 1.5 0.5  

Food at home

Jump to page with historical data
241.302 243.265 242.474 1.6 0.5 -0.3

Food away from home

Jump to page with historical data
265.821   266.983 1.3 0.4  

Alcoholic beverages

Jump to page with historical data
248.587   252.108 1.6 1.4  
 

Housing

Jump to page with historical data
250.057   251.356 3.0 0.5  

Shelter

Jump to page with historical data
292.914 293.269 295.662 3.3 0.9 0.8

Rent of primary residence (1)

Jump to page with historical data
302.414 303.097 304.672 2.9 0.7 0.5

Owners' equivalent rent of residences (1) (2) (3)

Jump to page with historical data
311.023 311.630 312.866 3.1 0.6 0.4

Owners' equivalent rent of primary residence (1) (2) (3)

Jump to page with historical data
311.023 311.630 312.866 3.1 0.6 0.4

Fuels and utilities

Jump to page with historical data
249.286   245.160 2.2 -1.7  

Household energy

Jump to page with historical data
210.010 209.047 205.945 2.5 -1.9 -1.5

Energy services (1)

Jump to page with historical data
195.396 194.183 190.950 4.3 -2.3 -1.7

Electricity (1)

Jump to page with historical data
208.661 208.661 208.654 8.0 0.0 0.0

Utility (piped) gas service (1)

Jump to page with historical data
165.653 162.261 153.232 -5.3 -7.5 -5.6

Household furnishings and operations

Jump to page with historical data
127.790   127.244 0.3 -0.4  
 

Apparel

Jump to page with historical data
139.704   150.798 -1.6 7.9  
 

Transportation

Jump to page with historical data
212.118   206.609 -0.9 -2.6  

Private transportation

Jump to page with historical data
210.806   205.957 -0.6 -2.3  

Motor fuel

Jump to page with historical data
313.759 300.821 294.746 -4.8 -6.1 -2.0

Gasoline (all types)

Jump to page with historical data
310.086 297.281 291.266 -4.8 -6.1 -2.0

Gasoline, unleaded regular (4)

Jump to page with historical data
308.348 294.428 288.169 -5.1 -6.5 -2.1

Gasoline, unleaded midgrade (4) (5)

Jump to page with historical data
315.197 305.288 299.454 -4.1 -5.0 -1.9

Gasoline, unleaded premium (4)

Jump to page with historical data
300.288 291.263 286.700 -4.0 -4.5 -1.6
 

Medical care

Jump to page with historical data
589.062   588.820 0.3 0.0  
 

Recreation (6)

Jump to page with historical data
114.703   114.602 2.7 -0.1  
 

Education and communication (6)

Jump to page with historical data
148.373   149.764 0.5 0.9  
 

Other goods and services

Jump to page with historical data
440.549   439.841 2.0 -0.2  
 

Commodity and service group

 

Commodities

Jump to page with historical data
196.533   196.455 0.4 0.0  

Commodities less food and beverages

Jump to page with historical data
167.882   167.083 -0.3 -0.5  

Nondurables less food and beverages

Jump to page with historical data
224.731   223.759 -0.7 -0.4  

Durables

Jump to page with historical data
112.710   112.084 0.1 -0.6  

Services

Jump to page with historical data
307.589   308.801 2.3 0.4  
 

Special aggregate indexes

 

All items less shelter

Jump to page with historical data
243.164   242.892 0.7 -0.1  

All items less medical care

Jump to page with historical data
242.237   242.839 1.7 0.2  

Commodities less food

Jump to page with historical data
171.037   170.420 -0.3 -0.4  

Nondurables

Jump to page with historical data
236.058   236.275 0.4 0.1  

Nondurables less food

Jump to page with historical data
224.835   224.241 -0.6 -0.3  

Services less rent of shelter (2)

Jump to page with historical data
340.834   340.084 1.3 -0.2  

Services less medical care services

Jump to page with historical data
288.423   289.764 2.7 0.5  

Energy

Jump to page with historical data
253.636 247.471 243.098 -1.2 -4.2 -1.8

All items less energy

Jump to page with historical data
259.134   260.785 1.8 0.6  

All items less food and energy

Jump to page with historical data
261.340   263.091 1.9 0.7  

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Indexes on a December 1982=100 base.
(3) This index series underwent a change in composition in January 2010. The expenditure class now includes weight from secondary residences, and has been re-titled "Owners' equivalent rent of residences." The item stratum "Owners' equivalent rent of primary residence" excludes secondary residences.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
(6) Indexes on a December 1997=100 base.
 

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

Last Modified Date: Wednesday, October 22, 2014

Recommend this page using:

News Release Information

14-2002-BOS October 22, 2014

Contacts

Technical information:
Media contact:

Consumer Price Index, Boston-Brockton-Nashua - September 2014

Area prices up over two months; up 1.6 percent from a year ago

The Consumer Price Index for All Urban Consumers (CPI-U) in the Boston-Brockton-Nashua area was up 0.2 percent in September, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Deborah A. Brown noted that over the two-month period an increase in the all items less food and energy index was partially offset by lower gasoline prices. (Data in this report are not seasonally adjusted. Accordingly, bimonthly changes may reflect the impact of seasonal influences.)

Over the last 12 months the Boston CPI-U rose 1.6 percent. The increase was largely attributable to higher shelter prices, up 3.3 percent. (See chart 1.)  

 Chart 1. Over-the-year percent change in CPI-U, Boston-Brockton-Nashua, September 2011 - September 2014

 

Food

Food prices edged up 0.5 percent since July due to higher grocery store, also known as food at home, and restaurant prices. Prices within each category were up 0.5 and 0.4 percent, respectively.

From September 2013 to September 2014 the index for food rose 1.5 percent mainly due to higher grocery store prices (+1.6 percent) and, to a lesser extent, higher restaurant prices (+1.3 percent).  

Energy

The energy index fell 4.2 percent over the two months, mainly due to lower gasoline prices, down 6.1 percent.  Area motorists paid $3.476 per gallon of gasoline in September.

Energy prices were down 1.2 percent from a year ago, attributable to lower gasoline prices down 4.8 percent, and to a lesser extent, lower utility (piped) gas prices, down 5.3 percent.  Partially offsetting these declines was an 8.0-percent advance in local electricity prices. 

All items less food and energy

The index for all items less food and energy increased 0.7 percent in September, due to higher prices for shelter and apparel.  Price increases within apparel were attributable to higher prices for women’s and girls’ apparel and the introduction of fall fashion lines. 

Over the year, the index for all items less food and energy rose 1.9 percent, with higher shelter costs, rising 3.3 percent from September 2013, being the main cause of this increase. This marked the 39th consecutive annual increase in the local shelter index.

CPI-W

In September, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 255.818. The CPI-W edged up 0.1 percent over two months and rose 1.0 percent over the year.

The November 2014 Consumer Price Index for Boston-Brockton-Nashua is scheduled to be released on Wednesday, December 17, 2014, at 8:30 a.m. (ET).


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 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.

The index measures price change 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.bls.gov/opub/hom/homch17_a.htm.

In calculating the index, price changes for the various items in each location are averaged together withweights 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 Boston-Brockton-Nashua, Mass.-N.H.-Maine-Conn. consolidated area covered in this release is comprised of Essex, Middlesex, Norfolk, Plymouth and Suffolk Counties and parts of Bristol, Hampden, and Worcester Counties in Massachusetts; parts of Hillsborough, Merrimack, Rockingham, and Strafford Counties in New Hampshire; part of York County in Maine; and part of Windham County in Connecticut.

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

 

Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods, Boston-Brockton-Nashua, Ma.-N.H.-Maine-Conn., (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure category Indexes Percent change from
 
Historical
data
Jul.
2014
Aug.
2014
Sep.
2014
Sep.
2013
Jul.
2014
Aug.
2014

All items

Jump to page with historical data
255.296   255.878 1.6 0.2  

All items (1967 = 100)

Jump to page with historical data
742.023   743.715      
 

Food and beverages

Jump to page with historical data
250.075   251.453 1.5 0.6  

Food

Jump to page with historical data
250.544   251.716 1.5 0.5  

Food at home

Jump to page with historical data
241.302 243.265 242.474 1.6 0.5 -0.3

Food away from home

Jump to page with historical data
265.821   266.983 1.3 0.4  

Alcoholic beverages

Jump to page with historical data
248.587   252.108 1.6 1.4  
 

Housing

Jump to page with historical data
250.057   251.356 3.0 0.5  

Shelter

Jump to page with historical data
292.914 293.269 295.662 3.3 0.9 0.8

Rent of primary residence (1)

Jump to page with historical data
302.414 303.097 304.672 2.9 0.7 0.5

Owners' equivalent rent of residences (1) (2) (3)

Jump to page with historical data
311.023 311.630 312.866 3.1 0.6 0.4

Owners' equivalent rent of primary residence (1) (2) (3)

Jump to page with historical data
311.023 311.630 312.866 3.1 0.6 0.4

Fuels and utilities

Jump to page with historical data
249.286   245.160 2.2 -1.7  

Household energy

Jump to page with historical data
210.010 209.047 205.945 2.5 -1.9 -1.5

Energy services (1)

Jump to page with historical data
195.396 194.183 190.950 4.3 -2.3 -1.7

Electricity (1)

Jump to page with historical data
208.661 208.661 208.654 8.0 0.0 0.0

Utility (piped) gas service (1)

Jump to page with historical data
165.653 162.261 153.232 -5.3 -7.5 -5.6

Household furnishings and operations

Jump to page with historical data
127.790   127.244 0.3 -0.4  
 

Apparel

Jump to page with historical data
139.704   150.798 -1.6 7.9  
 

Transportation

Jump to page with historical data
212.118   206.609 -0.9 -2.6  

Private transportation

Jump to page with historical data
210.806   205.957 -0.6 -2.3  

Motor fuel

Jump to page with historical data
313.759 300.821 294.746 -4.8 -6.1 -2.0

Gasoline (all types)

Jump to page with historical data
310.086 297.281 291.266 -4.8 -6.1 -2.0

Gasoline, unleaded regular (4)

Jump to page with historical data
308.348 294.428 288.169 -5.1 -6.5 -2.1

Gasoline, unleaded midgrade (4) (5)

Jump to page with historical data
315.197 305.288 299.454 -4.1 -5.0 -1.9

Gasoline, unleaded premium (4)

Jump to page with historical data
300.288 291.263 286.700 -4.0 -4.5 -1.6
 

Medical care

Jump to page with historical data
589.062   588.820 0.3 0.0  
 

Recreation (6)

Jump to page with historical data
114.703   114.602 2.7 -0.1  
 

Education and communication (6)

Jump to page with historical data
148.373   149.764 0.5 0.9  
 

Other goods and services

Jump to page with historical data
440.549   439.841 2.0 -0.2  
 

Commodity and service group

 

Commodities

Jump to page with historical data
196.533   196.455 0.4 0.0  

Commodities less food and beverages

Jump to page with historical data
167.882   167.083 -0.3 -0.5  

Nondurables less food and beverages

Jump to page with historical data
224.731   223.759 -0.7 -0.4  

Durables

Jump to page with historical data
112.710   112.084 0.1 -0.6  

Services

Jump to page with historical data
307.589   308.801 2.3 0.4  
 

Special aggregate indexes

 

All items less shelter

Jump to page with historical data
243.164   242.892 0.7 -0.1  

All items less medical care

Jump to page with historical data
242.237   242.839 1.7 0.2  

Commodities less food

Jump to page with historical data
171.037   170.420 -0.3 -0.4  

Nondurables

Jump to page with historical data
236.058   236.275 0.4 0.1  

Nondurables less food

Jump to page with historical data
224.835   224.241 -0.6 -0.3  

Services less rent of shelter (2)

Jump to page with historical data
340.834   340.084 1.3 -0.2  

Services less medical care services

Jump to page with historical data
288.423   289.764 2.7 0.5  

Energy

Jump to page with historical data
253.636 247.471 243.098 -1.2 -4.2 -1.8

All items less energy

Jump to page with historical data
259.134   260.785 1.8 0.6  

All items less food and energy

Jump to page with historical data
261.340   263.091 1.9 0.7  

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Indexes on a December 1982=100 base.
(3) This index series underwent a change in composition in January 2010. The expenditure class now includes weight from secondary residences, and has been re-titled "Owners' equivalent rent of residences." The item stratum "Owners' equivalent rent of primary residence" excludes secondary residences.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
(6) Indexes on a December 1997=100 base.
 

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

Last Modified Date: Wednesday, October 22, 2014