13-296-CHI
Thursday, February 21, 2013
The Consumer Price Index for All Urban Consumers (CPI-U) in the Milwaukee-Racine area rose 1.9 percent from 2011 to 2012, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Charlene Peiffer noted that the energy index saw little change in 2012, down 0.1 percent as falling prices for utility (piped) gas service were partially offset by higher prices for gasoline and electricity. Food prices were up 3.0 percent. The index for all items less food and energy increased 2.1 percent. Within the all items less food and energy category, the indexes for medical care, shelter, and education and communication were higher over the year.
Average annual food prices rose 3.0 percent in 2012 after rising 3.8 percent in 2011. Between the two components of the food index, prices for food at home rose 2.6 percent and prices for food away from home rose 3.9 percent.
The energy index saw little change in 2012, down 0.1 percent, after rising 15.5 percent in 2011. Within the energy category, the index for utility (piped) gas service fell 11.0 percent, which was partially offset by increases in prices for gasoline (2.7 percent) and electricity (0.2 percent).
Over the year, the annual average index for all items less food and energy increased 2.1 percent. Among the indexs components, higher costs were recorded for medical care (7.4 percent), shelter (1.0 percent), and education and communication (3.8 percent).
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The first half 2013 Consumer Price Index for Milwaukee-Racine is scheduled to be released on August 15, 2013, at 7:30 a.m. (CT).
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 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 Milwaukee-Racine, Wis., consolidated area covered in this release is comprised of Milwaukee, Ozaukee, Racine, Washington, and Waukesha Counties in Wisconsin
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.
| Item and Group |
Annual average indexes |
Percent change 2011 to 2012 |
|
|---|---|---|---|
| 2011 | 2012 | ||
Expenditure category |
|||
All Items |
216.934 | 221.143 | 1.9 |
All items (1967=100) |
670.024 | 683.024 | - |
Food and beverages |
229.570 | 236.138 | 2.9 |
Food |
232.574 | 239.563 | 3.0 |
Food at home |
230.566 | 236.634 | 2.6 |
Food away from home |
235.227 | 244.409 | 3.9 |
Alcoholic beverages |
204.640 | 205.537 | 0.4 |
Housing |
203.583 | 204.662 | 0.5 |
Shelter |
242.154 | 244.666 | 1.0 |
Rent of primary residence (1) |
223.245 | 226.706 | 1.6 |
| 258.143 | 260.421 | 0.9 | |
| 258.143 | 260.421 | 0.9 | |
Fuels and utilities |
206.477 | 202.701 | -1.8 |
Household energy |
177.092 | 170.348 | -3.8 |
Energy services (1) |
181.553 | 174.543 | -3.9 |
Electricity (1) |
199.810 | 200.152 | 0.2 |
Utility (piped) gas service (1) |
141.032 | 125.474 | -11.0 |
Household furnishings and operations |
106.888 | 106.579 | -0.3 |
Apparel |
125.004 | 133.215 | 6.6 |
Transportation |
206.334 | 207.468 | 0.5 |
Private transportation |
198.168 | 199.917 | 0.9 |
Motor fuel |
310.965 | 319.715 | 2.8 |
Gasoline (all types) |
308.242 | 316.568 | 2.7 |
Gasoline, unleaded regular (3) |
314.482 | 322.319 | 2.5 |
| 321.556 | 330.901 | 2.9 | |
Gasoline, unleaded premium (3) |
263.917 | 274.039 | 3.8 |
Medical care |
413.953 | 444.698 | 7.4 |
Recreation (5) |
111.427 | 113.646 | 2.0 |
Education and communication (5) |
140.356 | 145.670 | 3.8 |
Other goods and services |
373.710 | 377.845 | 1.1 |
Commodity and service group |
|||
All Items |
216.934 | 221.143 | 1.9 |
Commodities |
178.687 | 182.541 | 2.2 |
Commodities less food & beverages |
154.240 | 157.031 | 1.8 |
Nondurables less food & beverages |
208.845 | 215.794 | 3.3 |
Durables |
105.487 | 104.327 | -1.1 |
Services |
253.330 | 257.907 | 1.8 |
Special aggregate indexes |
|||
All items less medical care |
208.236 | 211.299 | 1.5 |
All items less shelter |
209.658 | 214.494 | 2.3 |
Commodities less food |
156.212 | 158.994 | 1.8 |
Nondurables |
221.502 | 228.366 | 3.1 |
Nondurables less food |
208.170 | 214.865 | 3.2 |
Services less rent of shelter (2) |
277.961 | 284.956 | 2.5 |
Services less medical care services |
240.003 | 242.922 | 1.2 |
Energy |
237.775 | 237.427 | -0.1 |
All items less energy |
216.824 | 221.724 | 2.3 |
All items less food and energy |
215.025 | 219.601 | 2.1 |
|
Footnotes |
|||
|
- Data not available. |
|||
| Item and Group |
Semiannual average indexes |
Percent change to 2nd half 2012 from- |
|||
|---|---|---|---|---|---|
| 2nd half 2011 |
1st half 2012 |
2nd half 2012 |
2nd half 2011 |
1st half 2012 |
|
Expenditure category |
|||||
All Items |
218.222 | 220.171 | 222.114 | 1.8 | 0.9 |
All items (1967=100) |
674.001 | 680.023 | 686.025 | - | - |
Food and beverages |
232.838 | 234.952 | 237.325 | 1.9 | 1.0 |
Food |
236.062 | 238.374 | 240.753 | 2.0 | 1.0 |
Food at home |
234.574 | 236.308 | 236.960 | 1.0 | 0.3 |
Food away from home |
237.669 | 241.884 | 246.934 | 3.9 | 2.1 |
Alcoholic beverages |
205.712 | 204.328 | 206.747 | 0.5 | 1.2 |
Housing |
204.197 | 204.540 | 204.784 | 0.3 | 0.1 |
Shelter |
242.942 | 243.695 | 245.638 | 1.1 | 0.8 |
Rent of primary residence (1) |
224.266 | 225.472 | 227.940 | 1.6 | 1.1 |
| 258.967 | 259.468 | 261.374 | 0.9 | 0.7 | |
| 258.967 | 259.468 | 261.374 | 0.9 | 0.7 | |
Fuels and utilities |
207.460 | 203.692 | 201.710 | -2.8 | -1.0 |
Household energy |
177.730 | 171.944 | 168.752 | -5.1 | -1.9 |
Energy services (1) |
182.172 | 176.173 | 172.914 | -5.1 | -1.8 |
Electricity (1) |
201.835 | 198.419 | 201.884 | 0.0 | 1.7 |
Utility (piped) gas service (1) |
139.356 | 131.427 | 119.520 | -14.2 | -9.1 |
Household furnishings and operations |
107.316 | 107.935 | 105.224 | -1.9 | -2.5 |
Apparel |
128.521 | 130.990 | 135.439 | 5.4 | 3.4 |
Transportation |
206.586 | 208.125 | 206.811 | 0.1 | -0.6 |
Private transportation |
198.444 | 200.738 | 199.095 | 0.3 | -0.8 |
Motor fuel |
307.341 | 322.706 | 316.725 | 3.1 | -1.9 |
Gasoline (all types) |
304.259 | 319.763 | 313.373 | 3.0 | -2.0 |
Gasoline, unleaded regular (3) |
310.365 | 326.259 | 318.379 | 2.6 | -2.4 |
| 317.527 | 332.951 | 328.850 | 3.6 | -1.2 | |
Gasoline, unleaded premium (3) |
260.740 | 274.082 | 273.996 | 5.1 | 0.0 |
Medical care |
416.459 | 433.205 | 456.191 | 9.5 | 5.3 |
Recreation (5) |
111.456 | 113.625 | 113.667 | 2.0 | 0.0 |
Education and communication (5) |
141.837 | 143.381 | 147.960 | 4.3 | 3.2 |
Other goods and services |
376.155 | 378.579 | 377.112 | 0.3 | -0.4 |
Commodity and service group |
|||||
All Items |
218.222 | 220.171 | 222.114 | 1.8 | 0.9 |
Commodities |
180.324 | 182.501 | 182.581 | 1.3 | 0.0 |
Commodities less food & beverages |
155.241 | 157.426 | 156.636 | 0.9 | -0.5 |
Nondurables less food & beverages |
210.757 | 216.140 | 215.449 | 2.2 | -0.3 |
Durables |
105.701 | 104.776 | 103.877 | -1.7 | -0.9 |
Services |
254.265 | 256.048 | 259.767 | 2.2 | 1.5 |
Special aggregate indexes |
|||||
All items less medical care |
209.471 | 210.778 | 211.820 | 1.1 | 0.5 |
All items less shelter |
211.202 | 213.476 | 215.512 | 2.0 | 1.0 |
Commodities less food |
157.218 | 159.347 | 158.640 | 0.9 | -0.4 |
Nondurables |
224.043 | 228.030 | 228.702 | 2.1 | 0.3 |
Nondurables less food |
210.027 | 215.125 | 214.605 | 2.2 | -0.2 |
Services less rent of shelter (2) |
279.297 | 281.952 | 287.960 | 3.1 | 2.1 |
Services less medical care services |
240.900 | 241.645 | 244.200 | 1.4 | 1.1 |
Energy |
236.543 | 239.649 | 235.205 | -0.6 | -1.9 |
All items less energy |
218.349 | 220.299 | 223.150 | 2.2 | 1.3 |
All items less food and energy |
216.245 | 218.131 | 221.070 | 2.2 | 1.3 |
|
Footnotes |
|||||
|
- Data not available. |
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Last Modified Date: February 21, 2013