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Consumer Price Index, Northeast Region - September 2014 : Mid -Atlantic Information 0... Page 2 of 4
<br />Energy prices declined 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 electricity, down 4.0 and 0.7 percent, respectively.
<br />All items Tess food and energy
<br />The index for all items less 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) since August.
<br />The all items less food and energy index rose 1.5 percent over the year The advance primarily reflected a 2.5 -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 20112012 2013 2014 1
<br />Month ' 1 -month 1 12 -month ' 1 -month 12 -month 1 -month ( 12 -month 1 -month 1 12 -month 1 -month 12 -month 1 1 -month 1 12 -month '
<br />January 0.21 0.5 0.41 3.0! 0.4' 1.61 04' 2.9; 0.31 1.8' 0.61 1.5
<br />February 0.6 0.7- 0.0i 2.5; 0.5: 2.01 0.4; 2.81 0.61, 2.0 0.1! 1.01
<br />March ; 0.2 0.2 0.3; 2.6, 0.8, 2.5' 0.5, 2.5' 0.0! 1.5 0.51 1.51
<br />April 0.2 -0.110.2 2.5' 0.5, 2.81 0.3 2.3!-0.1 1 1' 0.0' - - 1.6,
<br />1 May i 0.1! -0.8 0.2 2.6; 0.5! 3.21 -0.1' 1 71 0.0! 1.2 0.4 2.01
<br />:June 0.81 -1.2 0.1 17' 0.1: 3.4! -0.2• 1.5; 0.1; 1.5 0.0' 1.91
<br />H- - ---- .- -- --
<br />.1 -0.1i 1 1 0.21 1.8' 0.1 1.8'
<br />y0.3i 1.2 0.101 14! 0.3, 3.8' ! ;August
<br />I 0.5' 1.3i 0.2 1.5' 0.3; 1.3J
<br />'September ; 0.1] -0.7' -0.11 1.2 0.1 4.0; 0.5' 1 7' 0.1' 11 0.0 1.2
<br />,October 0.011 0.2 0.3T 1.5; -0.1' 3.6 0.1, 1.9' -0.4, 07!
<br />November 1 0.2 2.0. 0.21 1.5i -0.1, 3.2 0.2; 1.8, 0.1 1.0 -
<br />-
<br />December ; -0.1 2.8; 0.0 1.61 -0.31 2.91 -0.3; 1.81 00; 1.3• ;
<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) which covers approximately 88 percent of the total
<br />population and (2) a CPI for Urban Wage Eamers and Clerical Workers (CPI -W) which covers 29 percent of the total population. The CPI -U includes, in
<br />addition to wage eamers and derical workers, groups 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-day 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 establishments -department stores, supermarkets, hospitals, filling stations, and other types of stores and service
<br />establishments. All taxes directly associated 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 16.5 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.bls.gov/coi and the BLS Handbook of Methods, Chapter 17,
<br />The Consumer Price Index, available on the Internet at www.bls,gov/ooub/hom/homchl7 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 local 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. DOTE: Area indexes do not measure differences in the level of prices between cities; 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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