Mid-Atlantic Information Office

For release: Friday, July 15, 2011 PLS - 4800
Technical Information: (215) 597-3282 • BLSInfoPhiladelphia@bls.govwww.bls.gov/ro3
Media Contact: (215) 861-5600 • BLSMediaPhiladelphia@bls.gov

Consumer Price Index, Philadelphia–Wilmington–Atlantic City –
June 2011 (PDF)

Area Prices Rose 0.6 Percent Since April and 2.8 Percent Over the Year

The Consumer Price Index for All Urban Consumers (CPI-U) in the Philadelphia-Wilmington-Atlantic City area rose 0.6 percent from April to June, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s regional commissioner, noted that the recent advance was led by a 0.5-percent increase in the all items less food and energy index. The index for food rose 1.9 percent, while the energy index declined 0.7 percent since April. (Data in this report are not seasonally adjusted. Accordingly, two-month changes may reflect the impact of seasonal influences.)

Over the last 12 months, the CPI-U increased 2.8 percent. (See chart 1 and table A.) Since June 2010, energy prices advanced 17.5 percent; prices were also higher for both all items less food and energy (1.0 percent) and food (3.5 percent) over the year. (See table 1.)

Chart 1. 12-month percent change in CPI for All Urban Consumers (CPI-U), PhiladelphiaWilmingtonAtlantic City, June 2008 to June 2011 (not seasonally adjusted)

Food

Following a 0.6-percent decrease from February to April, food prices increased 1.9 percent over the last two months, due mostly to higher prices for food at home (2.9 percent). Within the food at home component, price advances for various items including breakfast cereal and milk were partially offset by lower prices for eggs, among others. Food away from home prices also rose, up 0.6 percent from April to June.

Since June 2010, the food index advanced 3.5 percent, the largest 12-month increase since December 2008. Both components of the food index had price increases over the year—prices for food at home rose 4.5 percent and those for food away from home, 2.3 percent.

Energy

After three consecutive bimonthly advances totaling 19.2 percent, the energy index, which includes prices for household and transportation fuels, decreased 0.7 percent since April. The recent declines reflected lower prices for gasoline (-1.4 percent) and utility (piped) gas service (-3.9 percent). Partially offsetting these decreases was a smaller-than-usual seasonal increase of 2.5 percent in electricity prices, which typically rise in June as summer rate schedules are introduced, then fall in October.

The energy index rose 17.5 percent since last June, dominated by a 37.6-percent jump in gasoline prices. Electricity prices posted an over-the-year decline for the first time since August 2009, down 3.2 percent. The index for utility (piped) gas service—which has recorded uninterrupted 12-month decreases for over two years—also declined since June 2010, down 2.7 percent.

All items less food and energy

The index for all items less food and energy rose 0.5 percent from April to June, dominated by higher prices for shelter (1.4 percent), particularly lodging away from home. Partially offsetting this two-month advance were lower prices for other goods and services (-1.7 percent) and medical care (-1.0 percent), among others.

Since last June, the index for all items less food and energy increased 1.0 percent. Higher prices for shelter (1.1 percent), particularly lodging away from home, led the 12-month advance. Price decreases for education and communication (-1.8 percent) and recreation (-1.4 percent) helped to moderate the over-the-year rise in the all items less food and energy index.

The August 2011 Consumer Price Index for Philadelphia-Wilmington-Atlantic City is scheduled to be released on September 15, 2011, at 8:30 a.m. (ET).

Table A. Philadelphia-Wilmington-Atlantic City CPI-U 2-month and 12-month percent changes, all items index (not seasonally adjusted)
Month 2006 2007 2008 2009 2010 2011
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

2.0 4.4 0.7 2.0 0.9 3.7 1.0 -0.3 0.8 2.8 1.3 1.9

April

1.2 4.1 1.0 1.7 1.2 3.9 0.6 -0.9 0.4 2.6 1.0 2.5

June

1.1 4.4 0.9 1.6 2.1 5.1 1.0 -2.0 0.3 1.9 0.6 2.8

August

1.2 4.7 0.7 1.1 0.0 4.4 1.0 -1.0 0.2 1.1

October

-2.2 2.0 0.1 3.5 -1.4 2.8 -0.6 -0.1 0.0 1.7

December

0.0 3.3 0.0 3.5 -3.1 -0.4 0.0 3.0 -0.2 1.4

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 87 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 32 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 changes 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 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 Philadelphia-Wilmington-Atlantic City, Pa.-N.J.-Del.-Md., Consolidated Metropolitan Statistical Area (CMSA) includes Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties in Pennsylvania; Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, and Salem Counties in New Jersey; New Castle County in Delaware; and Cecil County in Maryland.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; TDD message referral phone number: 1-800-877-8339.

For personal assistance or further information on Consumer Price Indexes, as well as other Bureau products, contact the Mid-Atlantic Information Office at (215) 597-3282 from 8:30 a.m. to 12:00 p.m. and 1:00 p.m. to 3:30 p.m. ET.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods, Philadelphia-Wilmington-Atlantic City, Pa.-N.J.-Del.-Md. (1982-84=100 unless otherwise noted)
Expenditure category Indexes Percent change from-
Apr. 2011 May 2011 June 2011 June 2010 Apr. 2011 May 2011

All items

233.143 - 234.463 2.8 0.6 -

Food and beverages

212.495 - 216.203 3.6 1.7 -

Food

211.893 - 215.944 3.5 1.9 -

Food at home

222.137 226.090 228.555 4.5 2.9 1.1

Food away from home

192.818 - 194.020 2.3 0.6 -

Alcoholic beverages

217.763 - 217.085 4.7 -0.3 -

Housing

236.249 - 238.751 1.2 1.1 -

Shelter

281.854 282.720 285.806 1.1 1.4 1.1

Rent of primary residence (1)

259.471 259.612 260.511 0.6 0.4 0.3

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

290.252 290.228 291.267 0.0 0.3 0.4

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

290.252 290.228 291.267 0.0 0.3 0.4

Fuels and utilities

220.317 - 220.672 2.9 0.2 -

Household energy

194.204 193.540 194.652 1.1 0.2 0.6

Energy services (1) (3)

199.974 199.568 201.465 -3.0 0.7 1.0

Electricity (1)

200.177 199.528 205.195 -3.2 2.5 2.8

Utility (piped) gas service (1)

194.551 194.774 187.037 -2.7 -3.9 -4.0

Household furnishings and operations

121.151 - 120.760 -0.5 -0.3 -

Apparel

104.515 - 103.552 2.2 -0.9 -

Transportation

217.962 - 217.814 12.2 -0.1 -

Private transportation

216.174 - 216.259 13.2 0.0 -

Motor fuel

331.220 346.839 326.325 37.5 -1.5 -5.9

Gasoline (all types)

326.472 342.185 321.743 37.6 -1.4 -6.0

Gasoline, unleaded regular (4)

327.631 343.514 322.678 38.3 -1.5 -6.1

Gasoline, unleaded midgrade (4) (5)

315.844 331.255 312.468 35.5 -1.1 -5.7

Gasoline, unleaded premium (4)

303.781 317.203 299.769 34.1 -1.3 -5.5

Medical care

443.025 - 438.765 1.9 -1.0 -

Recreation (6)

121.987 - 122.202 -1.4 0.2 -

Education and communication (6)

127.101 - 127.466 -1.8 0.3 -

Other goods and services

429.465 - 422.126 0.4 -1.7 -
Commodity and service group

Commodities

180.917 - 181.207 6.9 0.2 -

Commodities less food and beverages

160.449 - 159.404 8.8 -0.7 -

Nondurables less food and beverages

202.922 - 200.771 13.1 -1.1 -

Durables

113.254 - 113.428 1.3 0.2 -

Services

287.961 - 290.244 0.6 0.8 -
Special aggregate indexes

All items less medical care

224.258 - 225.733 2.9 0.7 -

All items less shelter

218.594 - 218.874 3.7 0.1 -

Commodities less food

162.693 - 161.654 8.6 -0.6 -

Nondurables

210.718 - 211.061 8.7 0.2 -

Nondurables less food

203.882 - 201.804 12.6 -1.0 -

Services less rent of shelter (2)

301.343 - 301.617 0.1 0.1 -

Services less medical care services

275.959 - 278.302 0.5 0.8 -

Energy

245.842 251.612 244.177 17.5 -0.7 -3.0

All items less energy

233.432 - 235.096 1.3 0.7 -

All items less food and energy

239.510 - 240.806 1.0 0.5 -

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 was formerly titled Gas (piped) and electricity.
(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.
- Data not available.
NOTE: Index applies to a month as a whole, not to any specific date.

Last Modified Date: July 18, 2011

Recommend this page using: