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Consumer Price Index, Northeast Region - September 2014 : Mid -Atlantic Information 0... Page 2 of 4
<br />Energy prices dedlned over the year, down 3.1 percent, reflecting price decreases for all three major components. Gasoline prices were down 4.7
<br />percent since September 2013; prices were also lower for utility (piped) gas service and eledrtdty, down 4.0 and 0.7 percent, respectively.
<br />All items less food and energy
<br />The index for all items Tess food and energy edged up 0.2 percent over the month. A seasonal increase In prices for apparel (3.7 percent) led the
<br />advance. Higher prices for medical care (0.3 percent), among others, were moderated by lower prices for recreation and household furnishings and
<br />operations (-0.1 percent each) stns August.
<br />The all items less food and energy index rose 1.5 percent over the year. The advance primarily reflected a 2.S -percent increase in prices for shelter.
<br />Lower prices for household furnishings and operations (-1.0 percent) and recreation (-0.1 percent) moderated the increase in the all Items less food and
<br />energy Index since last September.
<br />Table A. Northeast region CPI -U 1 -month and 12 -month percent changes, all items Index (not seasonally adjusted)
<br />2009 2010 2011 1 2012
<br />12 -month i 1 -month j 12 -month 1-monll2-month 1 1 -month-; th 12 -mon
<br />- - 1.61 0.4 2.9' 0.3 1. 0.61 1.5
<br />2.0t ----0-.;i1- - ---2.8 - 0.61---81 - 2.0'---- 0.1; 1.01
<br />.5'
<br />2 2.8 • - 0.5.__-_..2.5-- O.Oi - 1.5; •- 0.51 1�
<br />1 0.3,-- 2.31 ------0-.i;
<br />-0.1! 1.1 --6-.;5!------1.6
<br />-3-4r-_--6-.11-----Ti -O.D' 1.2 0.4 2.0
<br />-
<br />--- 3-2 -0 --.27 .._ 1.5 0.1j .-- 1.5_ - '-5.61----- 1.9
<br />3.6. -0.11 1.1 02, 1.8� 0.1 1.8
<br />- --- 3.130...- - ._ 0.5` --.-'� -- --021•-- - -0 -1.5; .3; --- 1.3I
<br />--- --0.0- - -------
<br />1.2
<br />4.... 0,51 -Til.-- --v0r- - --i:-i7. 1.1' � - I
<br />3.8' -- 0.1 '-- - 1.9 -0.4. 0.7 -1
<br />3.2 0.21 1.8 0.1; 1.0
<br />2.9j -0.3j 1.81 0.01 1.3
<br />Month 1 1 -month 12 -month ', 1 -month 12 -month . 1-month1
<br />January0.2: 0.5 0.4; 3.0; 0.4;
<br />February 1 - -0� 5. - 0.71 - 00f 2. 0.5
<br />r-- • - - - -•-
<br />IMarch , 02 iii -----6.-37 _ 0.3 � 2.81 �- 0.8,
<br />April i 0.2r --- -0.1 0.2 2.5' 0.5,
<br />May 0.1+ -0.8j- 0.2' 2.6' 0.5'
<br />;June 0.81 - - -1.2j -0.1, --. l.71 -- 0.9:.
<br />July 1 0. � -1.9. 0.0 1.6, 0.2
<br />'--- ---- -- - -- .- .- .- ---
<br />IAu9wt 0.3 -1.2 O.t. 1.47. 0.3
<br />'September w- - -o.t -0.71 -0.1 ---- --- 1.2:---- -0.1'
<br />, October 0.0 0.2 0.3' 1.5j -0.11
<br />November t - 0.2� - 2.0 0.21 1.5I- -0.1;
<br />.
<br />December i -0.1 2_8' _ 0.0 1.6; -0.3,
<br />2013 2014
<br />The October 2014 Consumer Price Index for the Northeast region is scheduled to be released on November 20, 2014, at 8:30 a.m. (ET).
<br />Technical Note
<br />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
<br />Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI -U) whidi covers approximately 88 percent of the total
<br />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
<br />addition to wage eamers and clerical workers, gawps such as professional, managerial, and technical workers, the self-employed, short-term workers,
<br />the unemployed, and retirees and others not in the labor force.
<br />The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other
<br />goods and services that people buy for day -to -clay living. Each month, prices are collected in 87 urban areas across the country from about 4,000 housing
<br />units and approximately 26,000 retail estabiishments-department stores, supermarkets, hospitals, filling stations, and other types of stores and service
<br />establishments. All taxes directly assodated with the purchase and use of items are included in the Index.
<br />The index measures price changes from a designated reference date (1982-84) that equals 100.0. An increase of 165 percent, for example, is shown as
<br />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
<br />$10 In 1982-84 to $11.65. For further details see the CPI home page on the Internet at www.bis.gov/cgl and the BLS Handbook of Methods, Chapter 17,
<br />The Consumer Price Index, available on the Internet at www.bls.aoy/ooub/hom/homch17 a.htm
<br />In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the
<br />spending of the appropriate population group. Local data are then combined to obtain a U.S. city average. Because the sample size of a focal area Is
<br />smaller, the local area index is subject to substantially more sampling and other measurement error than the national index. In addition, local indexes are
<br />not adjusted for seasonal influences. As a result, local area indexes show greater volatility than the national Index, although their long-term trends are
<br />quite similar. NOTE: Area Indexes do not measure differences in the level of prices between dtles; they only measure the average change
<br />in prices for each area since the base period
<br />The Northeast region Is comprised of Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and
<br />Vermont
<br />Information In this release will be made available to sensory impaired individuals upon request Voice phone: 202-691-5200; Federal Relay Service: 1-
<br />800.877-8339.
<br />Table 1. Consumer Price Index for All Urban Consumers (CPI -U): Indexes and percent changes for selected periods
<br />Northeast (1982-84--100 unless otherwise noted)
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<br />121
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