Full text of CPI Detailed Report : August 1973
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
the consumer price index LJSLJ for August 1973 U.S. DEPARTMENT OF LABOR Peter J. Brennan, Secretary BUREAU OF LABOR STATISTICS Julius Shiskin, Commissioner CONTENTS Page Price movements OFFICE OF PRICES AND LIVING CONDITIONS Charts 1—4. W. John Layng, Assistant Commissioner Table 1. a monthly report on consumer price movements including statistical tables and technical notes. Table 2. Table 3. Table 4. Table 5. Table 6. Table 7. Table 8. 1 Consumer price indexes for all items and major components, and rates of change over 1-, 3-, 6-, and 12-months spans 4 CPI—United States city average for urban wage earners and clerical workers, by commodity and service groups, and expenditure classes 8 CPI -United States city average for urban wage earners and clerical workers, by commodity and service groups, and expenditure classes 9 CPI—United States and selected areas for urban wage earners and clerical workers, all items most recent index and percent changes from selected dates 10 CPI—United States and selected areas for urban wage earners and clerical workers, major groups, percent change from July 1973 to August 1973 10 CPI—United States and selected areas for urban wage earners and clerical workers, commodity groups, August 1973, and percent changes from May 1973 11 CPI—United States and selected areas for urban wage earners and clerical workers, food and its subgroups, August 1973, and percent changes from July 1973 13 CPI—United States city average for urban wage earners and clerical workers, food items, August 1973 indexes and percent changes from selected dates 14 CPI—United States city average for urban wage earners and clerical workers, indexes for selected items and groups, August 1973, and percent changes from selected dates 16 Price Movements August 1973 The Consumer Price Index rose 1.8 percent in August to 135.1 percent of its 1967 base. A substantial increase in food prices, primarily for meats, poultry, and eggs, accounted for about 80 percent of the rise in the CPI. On a seasonally adjusted basis, the July-to-August increase in the CPI was 1.9 percent. In the 6-month period that ended in August, the CPI rose at a seasonally adjusted annual rate of 10 percent; over the 12-month period the rate of increase was 7.5 percent. The August increase in the CPI was the sharpest 1-month rise since September 1947, mainly because of the record 6.1 percent rise in the food index. The nonfood commodities index increased 0.5 percent in August after seasonal adjustment, slightly above the average for recent months. The services index rose 0.7 percent, the largest monthly rise in almost 3 years. The price freeze, in effect since June 13, was terminated for all foods except beef on July 18 and for most other items on August 12. Food prices were col- lected on August 7th, 8th, and 9th, and prices for other items were collected throughout the month. Monthly change in detail (not seasonally adjusted) The index for food purchased in grocery stores rose 7.4 percent; this index usually declines in August. Most of the August increase was due to unusually sharp advances in prices of poultry (45.8 percent), eggs (31.1 percent), and pork (28.4 percent). Beef and veal prices also increased sharply. Prices rose for bread, flour, milk, and most other food items, except fresh fruits and vegtables. Although the decline in fresh fruit prices was more than usual for August, the decline in fresh vegetable prices was less. Effective July 18—under the first step of Phase IV regulations covering food—retailers were allowed to increase prices on all food, except beef, to reflect price increases for raw agricultural products since June 8. Table A . Percent changes in CPI and components, selected periods Changes in all items at seasonally adjusted compound annual rates Changes from preceding month Month A l l items Unadjusted Commodities less food Food Seasonally Unadadjusted justed Seasonally Unadadjusted justed Services Seasonally Unadadjusted justed From From From 3 months 6 months 12 months ago ago ago 1972: August . . . September October . . November December 0.2 .4 .3 .2 .3 0.3 .4 .3 .3 .2 0.3 .2 .1 .4 .5 0.5 .7 .6 .7 -.1 0.1 .7 .4 .2 .1 0.3 .3 0 .2 .2 0.2 .2 .4 .2 .4 3.2 4.4 4.2 4.3 3.4 2.8 3.4 3.8 3.7 3.9 2.9 3.3 3.4 3.5 3.4 1973: January . . February . March . . . April May June July August . . . .3 .7 .9 .7 .6 .7 .2 1.8 .5 .7 .9 .6 .6 .6 .2 1.9 2.1 1.9 2.6 1.5 1.0 1.4 .8 6.0 2.1 1.9 2.4 1.4 1.1 -.5 .3 .5 .7 .6 .6 -.2 .2 .2 .3 .5 .4 .4 .5 .1 .5 .2 .4 .3 .3 .4 .4 .2 .7 4.0 5.7 8.6 9.2 8.7 7.4 5.7 11.4 4.1 5.0 5.9 6.6 7.2 8.0 7.4 10.0 3.7 3.9 4.7 5.1 5.5 5.9 5.7 7.5 .9 .5 6.1 Retail price increases were limited to a dollar-for-dollar pass through of increased costs. In August, the wholesale price index for farm products and processed foods and feeds climbed 17.6 percent. Prices of most agricultural products including livestock, poultry, and eggs rose sharply. The largest increases occurred in grains and manufactured animal feeds. The index for food away from home—restaurant meals and snacks—increased 1.1 percent in August. The index for nonfood commodities, which usually declines in August, rose 0.2 percent. Prices of apparel rose instead of declining as they usually do in August. Higher prices, particularly for yearround items, were reported as prices returned to regular or higher levels following sales, or rose as a result of higher wholesale prices. Prices for houses, home maintenance and repair commodities, and fuel oil also increased. The effect of these increases was moderated by declines in prices of new and used cars. The decline in new car prices was smaller than usual for August, because concessions on small cars did not increase in August as a result of growing demand and short supply. The index for consumer services rose 0.7 percent in August. A rise in mortgage interest costs, primarily due to increases in mortgage interest rates, accounted for more than half the rise in the service index. The increase in the mortgage interest rates index reflect higher rates for conventional loans and the increase from 7.0 to 7.5 percent on VA-guaranteed loans announced in July. The residential telephone service index advanced 1.0 percent as rates increased in several cities following the price freeze. Charges for housekeeping and home maintenance services also increased. The index for residential rents rose 0.6 percent, the largest monthly increase since February 1971. The index for medical care services continued to increase moderately, and the index for transportation services edged up only slightly. Diffusion of individual price changes Approximately 117,000 individual prices were collected directly by the Bureau of Labor Statistics in August for use in the index. Approximately 80 percent of these quotations (accounting for about 40 percent of the weight of the CPI market basket) represent monthly comparisons. Sixty-two percent of these monthly comparisons showed no change, 29 percent showed an increase, and 9 percent a decrease, as can be seen from table B. The proportion of food prices increasing in August was considerably larger and the proportion showingno change was smaller than in July. The August index also includes approximately 23,000 price comparisons from periods before July, 18,000 of which cover the quarterly span from May to August. About 20 percent of these quarterly price comparisons increased, compared with 17 percent in the April-to-July period. The proportion of restaurant meal prices increasing was much larger in the May-to-August period than in the preceding 3-month period. In addition, about 4,700 rental units were surveyed in August, and 28 percent of these reported rent increases from February 1973, more than the proportion reporting increases for the 6-month period that ended in July. Table B. Percent distribution of monthly price cc 1971 February April March March to April All items 2 Increases Decreases No change 100 15 10 75 100 14 12 74 Food at home Increases Decreases No change 100 16 12 72 Commodities less food . . . . Increases Decreases No change Services Increases Decreases No change Item May to June June to July 100 13 12 75 100 15 11 74 100 18 10 72 100 16 11 73 100 15 13 72 100 14 13 73 100 17 12 71 100 20 11 69 100 18 13 69 100 10 5 85 100 7 7 86 100 8 6 86 100 6 7 87 100 8 85 100 8 6 86 100 3 1 96 100 6 4 100 7 5 88 100 5 3 92 100 4 3 93 100 3 3 94 to to May 90 1972—Continued August to September September to October October to November November to December 7 December 1972 to January 1973 July to August 1973 January to February All items 2 Increases Decreases No change 100 15 10 75 100 15 11 74 100 14 11 75 100 14 9 77 100 Food at home Increases Decreases No change 100 16 12 72 100 17 12 71 100 16 12 72 100 100 100 6 4 100 7 90 85 100 12 4 84 100 3 3 94 100 9 27 64 100 5 4 91 10 73 21 10 69 69 Commodities less food . . . . Increases Decreases No change 100 11 5 84 100 6 6 88 100 6 Services Increases Decreases No change 100 4 2 94 100 4 5 91 100 4 2 94 March to April April to May May to June June to July 5 89 8 100 27 9 64 100 31 10 59 1973—Continued February to March July to August All items 2 Increases Decreases No change 100 26 8 66 100 24 10 66 100 20 11 69 100 20 11 69 100 16 9 75 100 29 9 62 Food at home Increases Decreases No change 100 30 9 61 100 27 12 61 100 23 13 64 100 23 12 65 100 18 10 72 100 34 10 56 Commodities less food 100 100 100 11 9 100 13 100 11 100 7 5 4 5 5 6 5 No change 84 85 86 82 86 88 Services Increases Decreases No change 100 4 2 94 100 4 3 93 100 6 3 91 100 3 100 2 2 96 100 5 Increases Decreases Regulations of the Economic Stabilization Program permit whether allowable increases accounted for all increases shown in the 2 Based on approximately 98.000 individual quotations. 2 95 8 2 93 types of increases, but it is not possible to determine Chart 1. All items index and its rate of change, 1964—73 (1967=100) SEMILOG 145 140 135 130 125 120 115 110 105 100 95 RUG 135 .1 / CPI flLL ITEMS INDEX (NOT S ERSONRL LY RDJU STED) ^ — RUG _—— _——•^ 1 .9 • PEI — • BRITH. *CENT C 4RNGE 0 VER 1-M ONTH SP RN (SEf SONRLUr RDJUS rEO) SCFILE 1 .4 — — 1 .2 — 1 .0 — 0.8 — 0.6 — 0.4 — 0.2 0.0 A n Aw V RUG -0.2 11 . 4 PEI *CENT CHRNGE 0 VER 3-MONTH SF RN (RNNURL RRTE. SERSONRLLY RDJUSTED) 8RITH. SCflLE /V w •A> AA vi V A KP y RUG 10.0 / PERCENT CHRNGE OVER 6-MONTH SPflN (RN MUflL RR T E . SEfi SONHLLY RDJUSl ED) flRITH SCflLE ^V 6 r- 4 2 IJ mu- RUG 7.5 PER CENT Z\1RNGE 0^/ER 1 2 - 10NTH S PRN 1^/ — ^ — ~s— 0 •— ..1..{..!.. 1964 1965 1966 1967 If Computed from the unadjusted s e r i e s . UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS 1968 1969 1970 1971 1972 ••in iii 1973 M SEMILOG 140 135 130 125 120 115 110 105 100 95 90 Chart 2. Commodities less food index and its rates of change, 1964—73 (1967=100) RUG 124.2 CPI COMMODITIES LESS FOOD INDEX (SEflSONflLLY fiDJUSTED) PERCENT CHflNGE OVER 1-MONTH SPflN (SEflSONflLLY flDJUSTEO) flRITH. RUG SCflLE0.7 0.5 — 0.6 — 0.5 — 0.4 — 0.3 — 0.2 — 0.1 — 0.0 — -0.1 — -0.2 _ -0.3 PERCENT CHflNGE OVER 3-MONTH SPflN (flNNUflL RflTE. SEflSONflLLY flDJUSTEO) flRITH. SCflLE 6 RUG 4.3 4 2 0 V_J -2 PERCENT CHflNGE OVER 6-MONTH SPflN (flNNUflL RflTE. SEflSONflLLY flDJUSTED) flRITH* SCflLE 6 PERCENT CHflNGE OVER 12-MONTH SPflN- 1964 1965 1966 1967 1/ Computed from the unadjusted s e r i e s . UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS flRITH. SCflLE 6 1968 1969 1970 1971 1972 1973 Chart 3. Total food index and its rates of change, 1964—73 (1967=100) SEMILOG 150 145 140 135 130 125 120 115 110 — — — - 105 - CPI TOTflL FOOD INDEX (SEflSONflLLY flDJUSTED) 100 PERCENT CHflNGE OVER 1-MONTH (SEflSONflLLY flOJUSTED) PERCENT CHflNGE OVER 3-MONTH SPflN (flNNUflL RflTE. SEflSONflLLY flOJUSTED) PERCENT CHflNGE OVER 6-MONTH SPflN (flNNUflL RflTE. SEflSONflLLY flDJUSTED) T CHflNGE OVER 12-MONTH SPflN 1 / 1964 1965 1966 1967 1/ Computed f r c » t h e unadjusted s e r i e s . UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS 1968 1969 1970 1971 1972 1973 Chart 4. Services index and its rates of change, 1964—73 (1967=100) SEMILOG 140 135 130 125 120 115 110 105 100 95 90 RRITH* SCHLE 12 10 8 6 4 2 0 flRITHSCflLE 8 1964 1965 1966 UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS 1967 1968 1969 1970 1971 1972 1973 Table 1. Consumer Price Index—United States city average for urban wage earners and clerical workers, by commodity and service groups, and expenditure classes Group All items (1957-59=100) Commodities Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other foods at home Food away from home Commodities less food Nondurables less food Apparel commodities ' Men's and boys' Women's and girls' Footwear Nondurables less food and apparel Gasoline and motor oil Tobacco products Alcoholic beverages Fuel oil and coal Other nondurables Durable commodities Household durables New cars Used cars Other durables Rent Services less rent Household services less rent Transportation services Medical care services Other services Special indexes: All items less food Nondurable commodities Apparel commodities less footwear Services less medical care services Insurance and finance Utilities and public transportation Housekeeping and home maintenance service Appliances (including radio and T. V. ) Relativ* importan December 1972 100.000 - 62.552 22.492 17.494 2.243 6.016 2.685 2.999 3.552 4.998 40.059 23.415 8.960 2.799 3.982 1.572 14.455 2.902 2.103 2.459 .655 6.335 16.644 4.772 2.060 2.056 7.756 37.448 5.059 32.389 15.486 5.473 5.575 5.855 77.508 45.907 7.388 31.873 9.829 5.522 4.502 1.621 Unadjusted indexes Unadjusted Seasonally adjusted 1967=100 unless percent change to percent change from— otherwise noted August 1973 from— July August July May to June to July to August June 1973 1972 1973 July August 1973 Commodity and service groups 140.9 140.9 123.5 157. 8 124.1 153.7 128.5 140.9 123.5 124.4 126.0 125.4 125.5 129.9 123.5 119.5 137.8 122.8 131.7 120.7 122.4 119.4 110.9 122.7 127.8 138.4 124.3 141.0 145.3 137.0 143.9 131.7 135. 1 157. 1 132. 8 149.4 151.3 124.7 184.0 126.6 152.6 135.6 142.4 123.8 124.7 126.6 126. 3 126. 0 130.6 123.6 119.4 137. 8 122.4 132. 8 120.9 122.6 119.6 110.6 121.3 12 8.7 139. 3 125.0 141.9 146. 8 137. 1 144.3 132. 1 130.4 132.4 125.2 137.6 146.9 129.5 153.3 105.4 130.9 136.6 125. 9 138.5 148.9 129.9 154.0 105. 3 132.7 154.4 129.7 0.6 9.4 19.9 23.3 9.0 40.7 8.6 19.1 16.9 8.0 3.6 4.4 4.7 4.9 5.2 4.4 4.2 9.0 2.8 2.1 12.6 2.5 2.4 6.0 7.4 1.0 16.6 2.0 -.7 5.5 1. 1 .2 .2 .5 .7 .4 .5 . 1 -.1 0 -.3 2.4 3.6 0 7.9 .9 4. 1 4.5 4.0 4.9 .6 4. 1 4.9 .2 .2 -.3 -1. 1 .7 .7 .6 .6 1. 0 .1 .3 .3 3.8 12.0 4.9 4.1 2.9 3.2 6.0 -.4 .4 3.2 .6 .7 1.4 .3 .5 •2 2.6 .9 1.2 . 8 .1 *. 7 3.3 2. 8 .6 | 2.6 *.2 *.5 2.1 .4 .6 .3 *1.4 -. 1 *.4 *. 3 *.4 .6 .3 .5 *.5 .5 .2 .3 -. 1 *0 1.3 -.2 .7 .1 .2 -. 1 -.2 -.5 .4 .1 -. 1 *.4 *.5 .1 .2 .2 .3 .5 *.3 -. 1 *. 2 *. 3 *.2 .1 .1 .1 *. 3 6.1 7.7 1. 1 16.4 *2.0 1.1 4.5 1.0 .5 .2 1.0 .8 1.3 .4 *-.3 .9 .2 .5 .3 .4 *-l. 1 .6 *.7 *.6 *.6 . 9 .5 .2 *. 3 .2 .3 -.2 *.2 .1 .1 .5 .5 3. 3 1.2 *.7 1.2 .4 .4 *-. 1 0.6 0.2 .9 .5 1.9 6.1 .5 *.4 .3 .2 Expenditure classes All items Food Housing Shelte r 2 j^ en jHomeownership3 Fuel and utilities* Gas and electricity Household furnishings and operation Apparel and upkeep Transportation Private Public Health and recreation Medical care Personal care Reading and recreation Other goods and services Special indexes: All items less shelter All items less medical care All items less mortgage interest costs CPI - domestically produced farm foods 5 CPI - selected beef cuts 6 Puchasing power of consumer dollar: 1 QA"7 = £ 1 0 0 100.000 22.492 33.859 21.830 5.059 16.355 4.708 2.434 7.321 10.370 13. 134 11.665 1.469 19.768 6.447 2.573 5.656 5.093 132.7 140.9 134.2 139.7 124. 3 145.2 125.7 125.5 125. 0 125. 8 124. 8 122.6 144.9 130. 3 137. 3 125.3 126.2 129.5 135. 1 149.4 135.2 141. 1 125.0 147. 0 126.3 125. 8 125.3 126.5 124.5 122. 3 144.9 130.5 137.6 125.7 126. 1 129.4 7.5 19.9 4.1 4.1 4.5 4.0 5.2 4.4 3.4 78.170 93.553 96.298 15.519 2.060 131. 0 132.5 132.0 141.5 163.0 133.5 135.0 134.2 153.0 174.8 $0,754 .648 $0,740 .637 • 1957-59=$!.00 _ 1 1. 8 6. 0 .7 1.0 *. 2 .1 *. 3 .1 -. 1 .4 .5 *.7 .9 1.2 .5 .2 .2 *.5 .4 *.3 .3 .5 .2 .5 3.3 3.6 1. 1 3.2 3.5 4.6 2.5 2.7 -.2 -.2 0 .6 .7 .3 .4 .2 .1 -. 1 .1 .5 .2 .2 .3 -. 1 -. 1 *. 3 .4 *.4 .2 .3 *. 2 .1 *. 3 .3 .2 *.2 .2 *. 3 0 -.2 8.4 7.7 7.5 24.8 25.9 1.9 1.9 1.7 8.1 7.2 .5 .6 .5 .3 .2 .4 2.1 2.0 1.7 *8. 1 *7.2 .6 *. 6 1. 1 .6 .2 .3 4.7 *1.6 *. 6 Also includes infants' wear, sewing materials, and jewelry not shown separately. Also includes hotel and motel rates not shown separately. Includes home purchase, mortgage interest, taxes, insurance, and maintenance and repairs. Also includes residential telephone, fuel oil, coal, water, and sewerage service not shown separately. 5 Calculated from the CPI food at home component by excluding fish, nonalcoholic beverages, bananas, chocolate candy bars, chocolate syrup and about half of the index weight for sugar. 6 Calculated from the CPI beef and veal component by excluding veal cutlets and beef liver. * Not seasonally adjusted. 2 3 4 NOTE: Index applies to month as a whole, not to any specific date. 8 Table 2. Consumer Price Index—United States city average for urban wage earners and clerical workers, by commodity and service groups, and expenditure classes May 1973 Commodities Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products (not seasonally a adjusted) Fruits and vegetables Other foods at home Food away from home Commodities less food Nondurables less food Apparel commodities ' Men's and boys' Women's and girls' Footwear Nondurables less food and apparel Gasoline and motor oil Tobacco products (not seasonally adjusted) Alcoholic beverages (not seasonally adjusted) Fuel oil and coal Other nondurables Durable commodities Household durables New cars Used cars (not seasonally adjusted) — Other durables Services (not seasonally adjusted) Rent (not seasonally adjusted) Services less rent (not seasonally adjusted) Household services less rent Transportation services Medical care services Other services (not seasonally adjusted) Special indexes: All items less food Nondurable commodities Apparel commodities less footwear Services less medical care services (not seasonally adjusted) Insurance and finance Utilites and public transportation Housekeeping and home maintenance service Appliances (including radio and T. V. ) (not seasonally adjusted) Seasonally adjusted annual rate percent change for 3 months ending in 6 months ending in August January August T August Novembe rjFebruary 1 May 1973 1973 1972 | 1973 1 1973 1973 1973 Commodity and service groups Seasonally adjusted indexes (1967=100) Group T lJuly 73 I * I 128.3 137.9 137.6 122.0 155.9 129. 1 139.2 139.2 123.0 156.0 129.4 139.9 139.5 123.4 155.8 132.7 148.5 150.2 124.7 181.3 4.7 8.3 9.5 2.8 13.3 5.7 6.7 16.8 20.0 9.3 37.4 8.7 12. 1 21. 3 24.0 15.0 37.4 11.4 14.4 34.5 42.0 9.2 82.9 5.0 5.7 12.5 14.6 6.0 24.8 10.0 13.2 27.7 32.7 12.1 58.5 123.2 141.6 126.7 139.0 124.1 146.3 130.2 139.9 123.5 124.1 148.2 129.9 140.9 123.6 124.7 127.1 126.6 127.4 129.9 123.4 119.6 124.9 127.0 126.4 126.8 130.4 123.5 119.5 126.6 149.9 135.7 142.3 124.2 125.2 128.3 127.4 128.4 130.9 123.5 118.9 3.8 14.4 7.4 4.3 2.0 4. 1 5.0 7. 1 6.7 4.2 3. 1 7.9 11.7 15.6 14.2 4.9 2.7 3.0 1.6 2.6 -.6 4.5 3.7 7.0 7.5 21.4 15.6 13. 1 5.4 6.4 7.3 5.6 9.7 5.7 6.1 13.0 11.5 25.6 31.6 9.8 4.3 4.3 5.1 4.2 5. 1 3. 1 4.0 8.1 7.7 15.0 10.8 4.6 2.3 3.5 3.3 4.8 3.0 4.4 3.4 7.5 9.5 23.5 23.3 11.4 4.8 5.3 6.2 4.9 7.4 4.4 5.0 10.5 137.0 137.3 137.8 137. 8 121.7 129.3 119.9 121.7 118.3 111.1 120.6 128.0 122.8 132.1 120.6 122.0 119.3 112.0 122.7 127.8 138.4 124.3 122.4 133.3 120.9 122.6 119.6 112.5 121.3 128.6 137.5 123.5 122.3 132.0 120.4 121.8 119.0 111.4 122.3 127.9 138. 1 123.9 140.1 144.3 136.5 142.8 140.7 145.2 136.9 143.5 130.6 122.9 123.9 126.7 126.1 126.8 129*9 122.3 116.6 .6 7.6 2.4 .6 5.0 2.7 25.6 1.7 1.7 2.1 2.6 -11.8 .3 1.7 9.5 2.4 4.4 6.0 5.2 32.5 2.2 2.0 14.0 11.2 2.0 2.9 1.2 2.1 3.7 5.2 5.2 3.9 5.4 3.9 4.7 2.3 13.0 3.4 3.0 4.5 5. 1 2.3 1.9 5.3 4.9 2.2 139.3 125.0 1.7 3.4 2.4 .7 2. 1 -11.9 13.4 -.9 3. 3 3.0 141.0 145.4 137.0 143.6 141.9 146.7 137.7 143.9 3.6 3.8 .6 7.4 3.2 5.8 -4.9 2.6 4. 1 3. 1 3.6 3.4 5.2 6.8 3.6 3. 1 131.3 131.7 132. 1 4.9 3.8 6.4 129.7 130.6 126.0 130.2 131.7 126.6 130.4 132.1 126.3 131.0 136.5 127.8 2.9 5.7 5.4 3.5 9.7 1.3 4. 8 13.6 7.3 136.7 146.6 129.2 151.1 137.3 147.1 129.4 152.3 137.6 147.2 129.5 153.1 138.5 149.0 130.0 153.7 3.3 1.4 5.2 3.6 3.3 1.1 1.6 7.0 4.2 2.5 3.5 6. 3 105.4 105.4 105.4 105.3 .6 -4.9 0 -.3 16.5 3.6 4.2 4.6 4.8 3.4 4.8 5.0 4.7 4.9 3.6 3.3 4. 1 19.3 5.8 3.2 7.7 3.3 4.4 16 . 4 6 .6 5.4 6.7 2.5 7.1 3.3 1.2 3.4 5.3 4 .8 4 .6 3.0 6.7 11.4 34.5 5.8 5.9 4.9 6.5 4.2 3.2 5.3 3.3 3.3 4.2 3.0 6.1 5.4 2.7 4.9 5.0 4.8 5.1 4.4 3.4 4.1 -2.2 2.1 Expenditure classes All items ousing (not seasonally adjust :d ) helter 2 Rent (not seasonally adjusted) Homeowner ship 3 Fuel and utilities* Gas and electricity Household furnishings and operation Apparel and upkeep Transportation Private Public Health and recreation (not seasonally adjusted) Medical care Personal care (not seasonally adjusted) Reading and recreation Other goods and services Special indexes: All items less shelter All items less medical care All items less mortgage interest costs CPI - domestically produced farm foods (not seasonally adjusted) CPI - selected beef cuts (not seasonally adjusted) _ _ _ 4.3 5.7 8.7 8.3 2.8 2. 1 3.0 2. 0 4.4 4.0 3.0 16.8 3.7 4.5 5.4 4.0 7.8 6.7 2.3 21.3 4.0 4. 1 4.7 3.7 4.6 3.6 3.0 5.0 2.0 6.6 5.5 3.5 6.0 2.7 2.4 4.0 0 1.4 -3.3 6.8 6.5 .3 4.0 4.0 3.7 1.3 1.9 .3 5.3 5.3 2.0 130.5 137.3 125.7 126.2 129.3 2.9 5.9 2.7 3.0 .6 2.2 2.7 4.7 1.6 3.5 4.8 2.7 6.7 3.3 5.5 2.8 3.0 4.2 Z.Z 1.2 2.5 4.3 3.7 2.3 2.1 3.8 2.8 5.5 2.7 3.3 130.7 132.4 131.9 133.5 135.0 134.2 5.0 4.2 4.6 5.9 5.5 5.5 10.2 9.7 9.4 12.6 11.8 10.8 5.4 4.8 5.0 11.4 10.7 10.1 140.4 141.5 153.0 1.6 25.9 26.2 50.2 13.1 37.7 162.2 163.0 174. 8 -8.9 55.8 28.5 37.9 19.1 33.1 137.9 133.3 139.0 123.5 144.6 125.3 125.2 123.7 126.2 123.3 121.1 144.0 139.2 133.9 139.5 123.9 145. 1 125.9 125.5 124.3 126.7 124.1 121.9 144.5 139.9 134.2 139.7 124.3 145.3 125.8 126.0 124.9 126.7 124.6 122.2 144.6 148.5 135.2 141.0 125.0 146.9 126.6 126.2 125.3 127.9 124.5 122.3 145. 3 129.6 136.3 124.4 125.5 128.9 130.0 136.9 124.9 125.8 129.3 130.3 137.0 125.3 126.2 129.5 129-6 131.3 130.8 130.3 132. 1 131.4 138.2 161.3 1 Also includes infants' wear, sewing materials, and jewelry not shown separately. Also includes hotel and motel rates not shown separately. Includes home purchase, mortgage interest, taxes, insurance, and maintenance and repairs. Also includes residential telephone, fuel oil, coal, water, and sewerage not shown separately. NOTE: Index applies to month as a whole, not to any specific date. 2 3 4 9 Table 3. Consumer Price Index-United States and selected areas for urban wage earners and clerical workers, all items most recent index and percent changes from selected dates Pricing 1967-100 1957-59=100 Percent change from: Other bases August 1973 August 1972 May 1973 7.6 7.8 6.6 7.6 7.6 2. 8 2.5 2.7 2.7 2.2 July 1972 April 1973 5.6 5.0 6.1 5.7 1.8 1.1 July 1973 2.7 U. S. city average Chicago Detroit Los Angeles—Long Beach N.Y.-Northeastern N.J Philadelphia M 134.5 136.8 130.9 141.7 137.1 152.8 157.2 153.9 168.7 160.2 July 1973 134.1 131.5 133.1 132.6 Minneapolis—St. Paul Pittsburgh 160.6 150.5 154.2 152.5 136.6 135.9 133.7 133.2 134.4 128.8 136.4 Buffalo Cleveland — Dallas Milwaukee San Diego — Seattle Washington 132.6 133.6 130.9 127.5 129.8 128.1 130.7 Baltimore Cincinnati Honolulu Kansas City Louis — San Francisco-Oakland - May 1973 August 1972 August 1973 3 150.1 3 144.5 4 141.3 153.5 150.4 151.4 15 8.9 152.5 155.1 148.5 5 137. 5 154.0 149.7 155.5 2.4 2.2 1.4 1.9 1.7 7.7 7.7 6.5 6.9 7.4 7.4 6.8 2.6 2.4 2.4 2.5 2.8 2.0 2.3 June 1972 March 1973 6.3 6.5 5.1 4.3 4.8 5.1 5.3 1.5 1.6 1 Area coverage includes the urban portion of the corresponding Standard Metropolitan Statistical Area (SMSA) except for New York and Chicago where the more extensive Standard Consolidated Areas arc used. Area definitions are those established for the I960 Census and do not include revisions made since I960. 2 Foods, fuels, and several other items priced every month in all cities; most other goods and services priced as indicated: M - Every month. 1 - January. April. Jury, and October. 2 - February, May, August, and November. 3 - March, June, September, and December. 5 November 1963^100. 4 February 1965400. 5 December 1963=100. NOTE: The Consumer Price Index cannot be used for measuring differences in areas. Estimates of differences in living costs among areas are found in the family budgets. ving costs among a r e a s ; it indicates price change within Table 4. Consumer Price Index—United Stales and selected areas 1 for urban wage earners and clerical workers, major groups, percent change front July 1973 to August 1973 Group Food Housing Apparel and upkeep — Transportation Health and recreation Medical care Personal care Reading and recreation Other goods and services 1 2 U.S. city average 6.0 .7 .6 -.2 .2 .2 .3 -.1 2.4 2.2 7.6 1.0 1.1 -.4 8.3 .4 2.3 -.2 (*) 0 0 .3 (2) -.2 .2 See footnote 1. table 3. Not available. Los Angeles— Long Beach Chicago 1O New York— Northeastern New Jersey Philadelphia 1.9 4.3 1.2 .8 -.5 .2 .7 5.3 1.0 1.7 0 .2 6.1 .1 -.2 -.5 .7 1.1 (2) 1. 1 . 1 Table 5. Consumer Price Index—United States and selected areas 1 for urban wage earners and clerical workers, commodity groups, August 1973, and percent changes from May 1973 U.S. Chicago Group average New YorkNortheaste rn New Jersey Philadelphia s (1967=100) All items 135.1 134.5 136.8 130.9 141.7 137.1 Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home Food away from home 149.4 151.3 124.7 184.0 126.6 152.6 135.6 142.4 152.8 155.6 129.2 187.8 127.4 157.1 137.5 141.6 154.6 158.4 130.9 196-9 128.1 146.3 139.1 138.7 141.9 144.5 119-9 181.4 122.4 132.4 133.4 134.5 152.7 154.6 125.8 181.4 128.9 160.2 138.4 147.3 150.5 151.3 126.0 182.3 126.3 150.4 136.6 147.0 Housing Shelter Rent, residential Homeowner ship Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation 135.2 141.1 125.0 147.0 126.3 132.8 125.8 125.3 128.9 133.3 132.6 136.1 136.3 121.9 145.1 153.1 137.4 164.9 133.2 138.5 133.8 131.3 137.2 146.9 138.0 119.6 128.5 120.3 121.6 137.0 147.5 124.8 152.0 119.9 125.0 121.5 116.2 151.3 127.1 129.3 3 132.3 125.7 Apparel and upkeep Men's and boys' Women's and girls' Footwear 126.5 126.3 126.0 130.6 124.7 120.3 128.0 125.0 121.8 121.7 115.9 133.2 123.3 119.0 126.6 128.9 126.0 126.7 123.2 129.0 122.0 122.5 116. 1 130.4 Transportation Private Public 124.5 122.3 144.9 128.3 123.2 160.6 124.7 122.6 149-4 124.3 124.6 119-4 136.1 128.9 163.7 127.7 125.0 143.6 Health and recreation Medical care Personal care Reading and recreation Other goods and services 130.5 137.6 125.7 126.1 129.4 131.4 136.7 133.6 148.7 125.3 135.7 135.4 144.6 124.7 129.4 137.0 135. 1 149.9 (2) (2) 127.8 132.1 C2) 126.3 124.8 (2) 140.4 129.4 _ (2) 117.9 122.6 (2) 129.4 130.6 Percent changes May 1973toAugust 1973 All items 2.7 2.8 2.5 2.7 2.7 Z.Z Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home Food away from home 8.3 10.0 10.1 11.8 11.5 13.8 2.1 2.0 2.2 6.2 7.2 .8 7.6 9.9 1.6 7.9 9.3 2.1 18.3 20.4 23.3 2.8 5.5 8.1 2.5 2.4 9.2 9-5 3.1 Housing Shelter Rent, residential Homeowner ship Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation 1.4 1.7 1.2 1.9 .7 2.7 .1 1.1 .9 .9 (2) .9 Apparel and upkeep Men's and boys' Women's and girls' Footwear -.2 -.3 T ransportation Private Public Health and recreation Medical care Personal care Reading and recreation Other goods and services .7 3.1 .5 1.2 17.3 17.2 1.7 -2.2 6.9 2.5 6.2 7.5 1.2 2.3 3.9 8.6 1.8 2.1 2.1 .7 .5 (2) .3 2.2 3.2 1.5 .4 9.6 1.8 -.4 -.3 4 .6 -.6 -.1 .5 -.2 -.9 -.6 3.2 2.9 3.5 (2) 4.3 .2 _ .1 1.3 4 1.4 2.0 2.0 7.2 1.0 2.2 .1 .5 -.5 -.9 -1.3 -.8 -3.8 -2.4 -9 .2 1.0 2.2 .7 .8 .8 .7 .4 .5 .1 .8 .8 .6 1.2 1.2 1.8 .7 ! -9 .2 1 .7 .7 1.0 .4 .7 .5 .2 .9 1.0 1.5 (2) .7 1.2 .3 .4 -.6 -.1 1.0 .6 () 2 .3 .4 See footnotes at end of table. 16.1 4.1 10.5 11 2 C) -.5 .1 -.6 -2.2 -.3 -.4 .2 -2.7 -2. 1 -5.5 -.4 1.2 1.7 (2) 1. 1 .6 Table 5. Consumer Price Index—United States and selected areas l for urban wage earners and clerical workers commodity groups, August 1973, and percent changes from May 1973—Continued Milwaukee Group Washington Diego Indexes (1967=100) All items 136.6 135.9 133.7 133.2 134.4 128. 8 136.4 Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home Food away from home 149.1 149.7 125.5 183.0 125.2 151.0 131.6 145.6 152.0 154.5 122.6 187.9 134.3 154.0 136.2 139.2 149.2 149.9 121.9 182.9 122.0 150.7 135.4 146.7 145.8 147.1 128.2 177.9 125.4 141.7 133.1 140.2 146.2 146.6 119.7 184.3 121.3 132.2 135.8 144.7 142.5 144.5 119.5 177.2 125.1 138.0 134. 8 135. 8 152.6 153.0 126.9 181.2 123. 1 161.1 138.7 151.0 Housing 138.1 141.0 127.2 143.5 143.8 130.9 145.3 125.9 129.4 130.8 115.4 133.5 128.5 130.8 135.7 113.7 145.5 120.3 141.3 155.2 137.5 162.7 118.9 124.0 124.0 115.8 125.4 130.6 132.6 123.9 135.3 132.5 139.5 137.4 123.7 120. 8 116.3 130.5 137.0 109.2 145.0 120.7 5 127. 1 109.4 121.0 134.1 137.6 125.9 144.3 126. 8 131.6 129.1 127. 8 Apparel and upkeep Men's and boys' Women's and girls' Footwea r 135.9 151.2 134.9 126.6 129.8 122.8 134.2 132.9 129.6 129.3 131.6 132.2 132.5 134.5 129.6 133.9 127.9 125.3 137.0 126.6 122. 8 127.7 119.3 123.3 130.9 129.9 133.4 135.2 Transportation 123.6 120.5 157.8 130.3 123.9 172.3 124.3 122.6 146.5 126.2 121.3 186.0 123.5 124.4 107.7 112. 3 114.4 100. 3 126. 1 122.5 146.1 128.9 130.2 126.4 128.1 129.9 137.6 150.8 130.9 128.5 135.4 130.4 136.3 132.3 122.3 130.4 128.6 134.7 127.2 128.5 124.2 123.9 130.9 122.4 118.9 122.3 123.5 130.3 120.4 121.2 120.8 132.1 144.6 122.0 124.9 132.9 2.6 2.4 2.4 2.5 2.8 2.0 2.3 7.9 8.7 3.7 18.7 2.5 -1.3 7.8 3.3 9.0 10.2 1.2 17.9 5.3 6.2 7.4 2.1 9.0 10.7 1.5 19.0 4.8 5.6 8.8 2.8 8.4 9-8 3.6 18.0 4.6 1.6 8.7 3.1 6.6 8.0 1.6 15.5 .7 -1.5 9.6 3. 1 6.4 7.8 2. 1 16.0 1.1 .7 8.2 2. 0 7.8 9.4 .7 1.0 1.4 1.1 1.4 .5 1.6 .2 -.5 .7 -.7 2.6 _ .8 1.0 .8 1.1 -.2 2.3 2.6 .9 3.2 .5 -1.4 .2 1.4 -.7 .7 1.3 1.9 1.7 2.0 .3 .5 .6 1.2 1.2 2.0 1.0 1.6 4.5 1.4 .7 2.3 2.1 .6 2.0 .7 .2 2.4 -2.4 .4 2.5 1.8 4.4 .5 -.3 1.6 .3 1.1 1.1 .3 7.9 .5 .6 .2 .6 .7 .1 -.2 -.3 .2 1.5 1.6 .5 .5 .5 .4 .4 .1 -.4 .5 1.7 -2.3 -.3 .4 .5 .8 .1 .2 3.0 -3.0 .2 1.4 1.2 .4 .3 1. 1 1.9 .5 .3 1. 1 .2 1.3 .1 -. 1 -.6 .5 1.1 1. 1 -.4 .4 Rent, residential Homeownership Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation Public Health and recreation Medical care Personal care Reading and recreation Other goods and services Percent changes May 1973 to August 1973 All items Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home Food away from home Housing Shelter Rent, residential Homeownership Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation Apparel and upkeep Men's and boys' Women's and girls' Footwear T rans portation Publi c Health and recreation Medical care Personal care Reading and recreation Other goods and services — See footnote 1, table 3. Not available. Revised index: July 1973, 132.1. Change from June 1973. Revised index: April 1973, 126.5; May 1973, 126.5. 12 17.7 3.9 3. 1 7.6 3.8 1.2 1.4 2.3 1.0 1.0 .9 1.2 -1.2 -l.f Table 6. Consumer Price Index-United States and selected areas for urban wage earners and clerical workers, food and its subgroups, August 1973, and percent changes from July 1973 Food at home Cereals and bakery products Total food Meats, poultry, and fish Dairy products Fruits and vegetable Other foods Food away from home Indexes (1967=100) United States Atlanta Baltimore Boston Buffalo Chicago Cincinnati Cl eve land Dallas Detroit Honolulu Houston Kansas City Los Angeles—Long Beach Milwaukee Minneapolis—St. Paul N. Y.-Northeastern N. J Philadelphia Pittsburgh St. Louis San Diego San Francisco—Oakland Seattle Washington 152. 151. 146. 149. 152. 152. 152. 149. 154. 136. 151. 149. 141. 145. 149. 152. 150. 150. 149, 146. 144. 142. 152. 151.3 124.7 184.0 126.6 152.6 135.6 142.4 154.9 153.5 148.1 149.7 155.6 155.8 154.5 149.9 158.4 134.8 152.0 151.9 144.5 147.1 149.5 154.6 151.3 151.5 151.3 146.6 147.5 144.5 153.0 128.2 123.0 125.9 125.5 129.2 127.6 122.6 121.9 130.9 115.9 120.0 125.7 119.9 128.2 135.0 125.8 126.0 122.9 131.2 119.7 119.1 119.5 126.9 187.1 182.0 176.8 183.0 187.8 187.5 187.9 182.9 196.6 148.9 190.6 186.9 181.4 177.9 185.3 181.4 182.3 185.8 180.5 184.3 180.1 177.2 181.2 132.5 128.5 122.9 125.2 127.4 132.2 134.3 122.0 128. 1 128.0 131.6 137. 1 122.4 125.4 128.5 128.9 126.3 123.0 130.8 121.3 124.2 125. 1 123. 1 161.6 160.9 151.8 151.0 157.1 159.3 154.0 150.7 146.3 136. 3 145.7 141.9 132.4 141.7 142.6 160.2 150.4 152. 8 155.9 132.2 135.7 138.0 161. 1 137.9 137.6 132.3 131.6 137.5 137.3 136.2 135.4 139. 1 128.0 134.5 137.0 133.4 133.1 137. 1 138.4 136.6 137.2 131.6 135.8 138. 8 134. 8 138.7 146.1 142.2 139.7 145.6 141.6 138.2 139.2 146.7 138.7 139.4 151.1 141.9 134.5 140.2 147.0 147.3 147.0 147.3 142.9 144.7 133. 8 135. 8 151. 0 Percent changes July 1973 to August 1973 United States Atlanta Baltimore Boston Buffalo Chicago Cincinnati Cle veland Dallas Detroit Honolulu Houston Kansas City Los Angeles—Long Beach Milwauke e Minneapolis-St. Paul N. Y.-Northeastern N. J Philadelphia Pittsburgh St. Louis San Diego San Francisco—Oakland Seattle Washington 6.3 5.7 5.0 6.3 7.6 6.2 7.0 6.6 8.3 1.6 7. 1 5.9 4.3 6.0 5.2 5.3 6.1 6.7 6.7 5.3 4.4 4.6 4.8 7.4 1.0 16.6 7.8 6.7 5.9 7.2 9.2 7.6 8.1 8.2 10.2 1.8 9.2 7.4 5.6 6.7 6.1 7.1 7.4 7.8 7.9 6.5 5.4 6.0 6.3 .2 .7 1.0 1.3 .4 1.6 .5 .8 2.1 .3 .8 -.2 -.5 2.2 -.1 .8 .2 1.0 .8 .5 .4 16.5 14.2 13.0 17.5 18.8 18.4 15.9 15.7 20. 1 2.9 19.1 17.3 15.5 14.7 14.4 14.7 15.5 20.0 18.7 14.8 16.2 14.3 14. 2 -.1 See footnote 1, table 3. Change from May 1973. 13 2.5 1.3 .1 1.0 2.0 2.5 3.4 4.5 3.6 .5 4.7 1.5 1.7 3.0 2. 1 .8 1.6 .7 4.7 .9 2.1 -0.7 5.5 .5 -.2 1.3 -1.4 3.2 -.7 .4 2.1 6.7 5.4 3.6 4.4 5.3 -.6 1.4 .1 -.9 -7. 8 -4.3 -.2 .6 .7 -3. 8 -2. 1 -7. 1 -11. 8 -1.9 -1.5 4. 1 7.4 6.2 7.4 2.2 6.5 5. 8 6.1 6.5 6.0 4.8 6.4 5. 1 5.4 9.3 6.6 6.3 4.8 1.2 1.5 1.6 1.3 1.1 .7 1. 0 1.0 .5 .5 .6 1.0 .5 2 3.1 1.2 .3 .9 .7 .9 2 2.1 .8 0 1.0 Table 7. Consumer Price Index-United States city average for urban wage earners and clerical \ food items, August 1973 indexes and percent changes from selected dates r e r c e nt cnange to Augus from— August 1972 July 1973 Index August 1973 Item and group Unadjusted Food away from home Restaurant meals Food at home Cereals and bakery products Flour Cracker meal Corn flakes Rice Bread, white Bread, whole wheat Cookies Layer cakes Cinnamon rolls Meats, poultry, and fish Meats Beef and veal Steak, round Steak, sirloin Steak, porterhouse Rump roast Rib roast Chuck roast Hamburger Beef liver Veal cutlets °Chops Loin roast Pork sausage Ham, whole Picnics Bacon Other meats Lamb chops Frankfurters Ham, canned Bologna sausage Salami sausage Liverwurst ^ ^ O \ l lt r v "• —""••——.--—— — - - . _ — T . _ .n i. i Frying chicken Chicken, breasts Turkey Fish Shrimp, frozen Fish, fresh or frozen Tuna fish, canned Sardines, canned Dairy products Milk, fresh, grocery Milk, fresh, delivered Milk, fresh, skim Milk, evaporated Ice cream Cheese, American process Butte r r.,-. IL- r - —— - - _ — 149.4 142.4 143.2 138.2 151.3 124.7 119. 1 143. 8 105. 8 128.2 124.8 130. 0 113.0 126.9 128.4 184.0 180.0 175.4 170. 8 160.0 161.2 165.0 170.6 190.5 188.9 163.0 195.5 197. 0 195.0 211.7 209.6 174.4 198.0 195.7 166.3 154.7 180. 1 157.6 175.5 165.0 165. 8 225.4 244.5 202.7 15 8.7 165.2 159.2 194.2 144.9 163. 1 126.6 125.9 129.2 134.6 135.5 111.5 137.5 107. 1 See footnote at end of table. 14 Seasonally adjusted 148.5 142.3 142.9 138.3 150.2 124.7 119.3 143.5 106.0 128.3 124.4 130. 0 112.2 127.0 128.5 181.3 177. 0 172.6 168.1 156. 3 156. 8 162.7 167.7 186. 8 187.0 161.4 193.2 192.0 186.6 203. 8 205.7 176.5 194. 3 191.3 165. 1 153.2 177.6 159.0 173.9 163.7 165. 3 221.9 239.9 198. 9 15 8.5 165.5 159. 0 193.6 145.5 164.2 _ 126.2 135.0 135.1 111.4 137.5 107. 3 Seasonally adjusted Unadjusted Unadjusted 19.9 8.0 8.5 5.0 23.3 9.0 20.1 5.8 5.9 17.4 9.6 8.4 3.6 5.8 7.9 40.7 35.8 25.1 24.7 17. 1 15.7 20.9 21.0 35.9 34.1 22.3 18.1 57. 1 52.3 64.5 58.1 52.3 54.3 62.1 32.1 17.6 41.1 37.4 33.1 28.6 36.7 103. 8 122.9 77.3 42.5 15.7 16.4 25.9 9.5 10.4 8.6 8.9 7.3 10.6 14.9 5.1 10.3 2.4 6.0 1. 1 1.1 6.1 1.0 .6 .7 7.7 1.1 1.3 7.4 1.0 1.2 .6 .4 .5 2.6 1.4 -.4 -.2 -.5 16.6 14.1 6.8 6.5 5.4 4.4 5.7 3.8 9.7 10.1 4.0 3.0 28.4 29.2 35.8 24.0 23. 8 24.5 30.8 10.9 5.6 15.1 11.9 11.8 10.3 11.3 45. 8 54.6 37.6 9.1 .9 .7 2.2 -.6 .9 2.0 2.4 1.6 2.8 1.0 1.1 .9 4.4 .8 .6 .3 .6 2.0 1.3 -.5 -.1 -.4 16.4 13.8 6.7 6.1 6.5 4.8 4.6 3.6 8.8 10.2 4.4 3.3 27.6 27.3 33.2 22.6 23.5 22.3 29.5 10.4 6.3 13.7 11.3 11.2 9.9 11.2 47.1 56.9 35.9 8.8 .9 1.0 1.9 -.6 .7 0 2.6 0 3.1 1.3 1.0 1. 1 4.4 Table 7. Consumer Price Index—United States city aveage for urban wage earners and clerical workers, food items, August 1973 indexes and percent changes from selected dates—Continued Index Item and group Food—Continued Food at home—Continued Fruits and vegetables Fresh fruits and vegetables Fresh fruits Bananas Orange juice, fresh Grapefruit Strawberries Watermelon Fresh vegetables Potatoes Onions Asparagus Cabbace Ca r rots Celery Cucumbers Lettuce ^r Peppers, green Spinach Processed fruits and vegetables Fruit cocktail, canned Pears, canned Pineapple-grapefruit juice drink Orange juice concentrate, frozen Lemonade concentrate, frozen Beets, canned Peas, green, canned Tomatoes, canned Dried beans Broccoli, frozen Other food at home £„„Fats and oils: Margarine Salad dressing, Italian Salad or cooking oil Sugar and sweets Chocolate bar -. Syrup, chocolate flavored Nonalcoholic beverages Coffee, can and bag Coffee, instant Tea Carbonated drink, cola flavored Carbonated drink, fruit flavored Prepared and partially prepared foods Bean soup, canned Chicken soup, canned Spaghetti, canned Mashed potatoes, instant Potatoes, french fried, frozen Baby foods Sweet pickle relish Pretzels August 1973 Seasonally Unadjusted adjusted 152.6 168.4 149.4 168. 1 117.6 147.5 132. 8 183.8 157.9 (') C) 129.1 183. 8 252.4 170.9 151.0 187.9 226.4 153.8 175.9 157.0 193.0 103.7 184.9 131.9 170.5 142.0 129. 1 129.4 125.7 119.9 135. 8 119.2 143.9 110.4 125.6 157.8 123.2 135.6 198.4 147.8 193.38 200. 129.0 188.7 165. 1 171.0 163.8 129.2 129.7 125.6 120.0 134.6 120. 8 143.8 110.4 125. 1 158.0 123.2 1 35. 7 200.4 131.4 110. 8 129.4 128. 8 124. 6 135.1 137.6 116.9 131.9 138.6 133.2 111.1 131.3 131.6 118.4 118.2 105.8 124.0 118.2 114.8 114.9 131.2 117.6 132. 1 111.0 129.4 128. 8 124.4 1 35. 4 137.2 117. 1 131.8 138.2 133.7 110. 8 131.4 131.5 11 8. 3 118.4 106.0 124.4 118.0 114.2 114.7 132.0 117.4 Priced only in season. 149.9 163.7 136.7 140.2 116.3 139.2 131.6 146. 1 164.3 15 o percent cnange to Augu s JVM from— July 1973 Seasonally Unadjusted Unadjusted adjusted August 1972 19.1 26.2 10.8 16.3 17.4 9.4 .7 1.9 5.2 (') 3.9 38.8 70.4 9.9 -0.7 -1.7 -3.4 -5.2 3.9 8.9 .2 1. 1 1.5 -2.6 -6.4 4.9 4. 3 -.5 14.8 -20.4 -1.8 -21.7 -.6 -13.4 5. 0 O 1.4 (•) 1.5 5.8 -2.6 -4.6 5.3 15.5 34.6 -10.1 -5.1 7.8 9.6 21.4 -18.9 -1.9 -9.0 19.4 17.4 -12.0 47.1 25.3 54.8 -10.5 61.2 7.4 6.9 6.4 4.2 .1 3.5 17.0 3.2 7. 1 14.3 4.3 16.9 89.0 11.9 1.5 7.8 6.9 8.9 8.0 5.4 5.6 9.4 17.1 8.9 1.6 2.6 3.1 3.1 2.0 1.2 2.1 5.6 3.1 4.4 4.5 2.0 2.6 1.2 .2 .6 .3 -. 1 8.3 9.6 2.9 1.5 1.2 .6 .4 .3 -.7 0 3.2 .2 3.2 .2 .4 4.5 .5 5.5 .3 4.3 .6 4.5 31. 1 23.0 4.5 1.2 .9 .7 .9 . 1 4. 8 1.5 .5 .7 . 8 .4 .7 .7 .5 .7 .2 .8 .2 .3 0 -.2 -.3 .2 .1 -. 1 _. i .3 -.2 .4 .3 0 -.2 0 .3 -. 1 -.2 .5 -.2 0 -. 1 .5 -.3 0 -. 1 -.7 -.2 Table 8. Consumer Price Index—United States city average for urban wage earners and clerical workers, indexes for selected items and groups, August 1973, and percent changes from selected dates (1967= 100) Item and group Other index base She It e r * Rent, residential Homeowner ship 2 Mortgage interest rates Property taxes Property insurance premiums Maintenance and repairs Maintenance and repair commodities 3 Exterior house paint Interior house paint Maintenance and repair services Repainting living and dining rooms Re shingling house roof • Residing house Replacing sink Repairing furnace Fuel and utilities: Fuel oil and coal Fuel oil, No. 2 Gas and electricity Electricity Other utilities: Residential telephone serv ces Resideil d ge i g4 Household furnishings and operation 4 Housefurnishings Textiles She et s Curtains, tailored Bedspreads Drapery fabric Pillows bed Slipcovers and throws, ready-made Furniture and bedding Bedroom furniture, chest and dresser Sofas, upholstered Cocktail tables Dining room chairs Recliners, upholstered Sofas, dual purpose Bedding, mattress and box springs Aluminum folding chairs Cribs Floor coverings Broadloom carpeting, manmade fibers Vinyl sheet goods Vinyl asbestos tile Appliances (excluding radio and T. V.) Washing machines, electric, automatic Vacuum cleaners, canister type Refrigerators or refrigerator-freezers, Dec. 71 Mar. 70 Dec. 71 Ranges, free standing, gas or electric Clothes dryers, electric Air conditioners, demountable Room heaters, electric, portable Garbage disposal units Other housefurnishings: Dinnerware, fine china Flatware, stainless steel Table lamps, with shade Lawn mowers, power, rotary type Electric drills, hand-held — Housekeeping supplies: Laundry soaps and detergents Paper napkins Toilet tissue Housekeeping services: Domestic services, general housework Baby sitter services Postal charges Laundry, flatwork, finished service Licensed day care services, preschool child Washing machine repairs See footnotes at end of table. 16 July 1973 August 1973 August 1972 July 1973 134.2 139.7 124.3 145.2 119. 1 152.6 124.8 152.2 138.7 119.2 119.4 158.0 171.5 165. 1 145.9 155.2 163.0 125.7 131.7 130.8 125.5 126.5 124.6 135.2 141. 1 125.0 147.0 121.8 152.6 124.2 153. 0 139.8 120.3 120.0 158.7 172.2 165.6 146.6 156. 1 163. 5 126.3 132.8 132. 0 125.8 126.7 125. 0 4. 1 4. 1 4.5 4.0 3.8 4.7 .6 7.8 11. 7 2.3 2. 1 6.4 6.8 5.4 7.5 6.4 5.5 5.2 12.6 13.2 4.4 4.4 4.5 0.7 1. 0 .6 1. 2 2.3 0 115.9 144.7 125.0 119. 1 115. 1 116.7 115.2 110.6 127.6 103.9 116. 1 125.9 110.4 124.0 104.2 110. 1 99.9 2.6 4.4 3.4 2.5 1. 6 2.9 120.4 107.8 129.4 125.5 108.6 103.4 121.2 120.0 109.7 110.8 104.8 117. 1 144.9 125.3 119. 2 114.8 114.9 115.4 109.3 129.0 103. 1 116.5 126. 2 100.7 124.6 105.2 109.4 99.6 120.4 108.9 127.6 126. 3 108.4 103.1 121. 6 120. 1 109.6 111.0 104.0 1. 0 .1 .2 .1 -.3 -1.5 .2 -1.2 1. 1 -.8 .3 .2 .3 .5 1. 0 -.6 -.3 0 1.0 -1.4 .6 -.2 -.3 . 3 .1 -. 1 .2 -.8 108.0 109.5 114.4 110.5 (5) 111.9 107.9 110.3 114. 1 109.9 (5) 112.0 .1 -.9 .1 -.5 -.3 -.5 131.3 132. 1 129.3 122.2 106.9 132.2 132.4 129.6 121. 1 107.0 5.2 6.2 3.8 1.8 0 .7 .2 .2 -.9 .1 112.7 139. 1 129.5 113.4 139.3 130.0 2. 1 5.6 4.9 .6 .1 .4 146.2 142.7 146.6 149.0 131.0 149. 1 146.7 143.2 146.6 149.7 131.0 150. 1 5. 1 4.6 0 7. 3 6.5 6.2 . 3 .4 2. 3 -. 5 3.9 -1. 1 1. 7 4.2 5.4 3.5 3.3 6.0 1.5 3.2 3.8 3.3 6.7 1.8 1. 7 2.4 1.4 .1 .5 .5 -.5 . 5 .8 . 9 . 5 .4 .4 . 3 . 5 .6 . 3 .5 .8 .9 . 2 . 2 .3 5 Table 8. Consumer Price Index-United States city average for urban wage earners and clerical workers, indexes for selected items and groups, August 1973, and percent changes from selected dates—Continued (1967= 100) Itemand group Other inde base Apparel and upkeep7 Apparel commodities Apparel commodities less footwear Men1 s and boys' Men1 s: Topcoats, wool or all-weather coats, polyester blends Suits, year round weight Suits, tropical weight Jackets, lightweight Slacks, wool or wool blends Slacks, cotton or manmade blends Trousers, work, cotton or polyester/cotton Shirts, work, cotton or polyester /cotton Shirts, business, polyester/cotton T-shirts, chiefly cotton Socks, cotton or manmade fibers Handkerchiefs, cotton or poly ester/cotton Boys' : Coats, all purpose, cotton or cotton blends Sport coats, wool or wool blends Dungarees, cotton or cotton blends Undershorts, cotton Women s 3.nci ^ l r i s —————————————————————————————— Women' s: Coats, heavyweight, wool or wool blends Carcoats, heavyweight, cotton Sweaters, wool or acrylic Skirts, wool, wool blend or manmade fibers Skirts, cotton or polyester/cotton Blouses, cotton or manmade fibers Dresses, street, chiefly manmade fibers Slips, nylon Panties, acetate or nylon tricot Girdles, manmade blend Brassieres, nylon lace Hose or panty hose, nylon seamless Anklets or knee-length socks,various fibers Gloves, fabric, nylon or cotton Handbags, rayon faille or plastic Girls' : Raincoats, vinyl, cotton or polyester blends Skirts, wool, wool blends or acrylic Dresses, cotton, manmade fibers or blends Slacks, cotton or chiefly cotton Slips, polyester blends Handbags, plastic Miscellaneous apparel: Diapers, cotton gauze or disposable Yard goods, polyester blend Wrist watches, men1 s and women1 s August 1973 Percent change to August 197 from: August July 1972 1973 125.8 126.0 125.2 125.4 126.5 126.6 125.9 126.3 129.8 137. 0 117. 7 114. 6 138.3 120.2 121. 0 113.3 122.8 117. 7 120.0 132.4 118.4 114.4 137.4 121. 6 122. 3 114.0 123.3 117. 8 121. 1 4. 1 0 1.6 5.6 6.0 2. 2 4.8 1.6 .6 -. 2 -. 7 1. 2 1. 1 .6 .4 .1 3.9 .9 138.2 123.4 125.5 140.0 124.4 126.0 9.9 3.5 5.2 1. 3 .8 .4 (6) 4.7 4.7 4.9 4.9 0.6 .5 .6 . 7 (*) 2. 0 (!) 121.4 124.6 132.9 111.3 119.9 117.7 124. 1 94.2 114.3 111.4 151. 5 117.4 126.0 136. 3 111.3 120. 0 119.4 125.8 93.9 113.4 112. 0 153. 7 6.3 4.3 7. 7 .5 1.4 1.3 2. 7 -2.2 -.4 1. 3 6.4 109.7 130.2 110. 0 130. 2 -. 3 8.0 . 3 119. 1 124.9 120. 0 129.9 119. 1 124.7 120. 6 130.6 2. 7 4.5 3.4 4.4 0 -.2 .5 . 5 133.5 138.0 133.8 138.8 7.5 13.0 .2 .6 128. 1 124. 7 129. 3 128.6 129. 2 124. 8 129.6 128.7 2. 1 2.2 5. 1 2.5 .9 . 1 .2 .1 132.6 125.6 129. 7 132.9 125.8 133. 2 3.6 1.3 2. 1 . 2 . 2 2. 7 121. 6 118. 0 128.7 138. 3 121.7 122.2 118. 1 129. 7 139. 5 122.5 3.8 2.8 6. 1 4.3 5.0 2. 0 6 i 1. 4 1. 4 - 3 8 5 i! 5 -. 4 Men' s: Shoes, street Shoes, work, high Women1 s: Shoes, street, pump Shoes, evening, pump Sho e s, ca suaI House slippers, scuff Children' s: Shoes, oxford Sneakers, boys' , oxford type Dress shoes, girls' , strap or pump Apparel services: Drycleaning, men's suits and women1 s dresses Automatic laundry service Laundry, men' s shirts Tailoring charges, hem adjustment Shoe repairs, women' s heel lift See footnotes at end of table. July 1973 17 .5 . 1 .8 .9 . 7 Table 8. Consumer Price Index-United States city average for urban wage earners and clerical workers, indexes for selected items and groups, August 1973, and percent changes from selected dates—Continued Other Item and group Transportation Automobiles, new Automobiles, used Gasoline, regular and premium -Motor oil, premium Tires, new, tubeless Auto repairs and maintenance 9 Auto insurance rates Auto registration Parking fees, private and municipal Public Local transit fares Taxicab fares Railroad fares, coach Airplane fares, chiefly coach Bus fares, intercity Health and recreation Medical care Drugs and prescriptions Over-the-counter items Multiple vitamin concentrates Aspirin compounds Liquid tonics Cold tablets or capsules Adhesive bandages, packages Cough syrup Prescriptions Anti-infectives Sedatives and hypnotics Ataractics Antispasmodics Cough preparations Cardiovasculars and antihypertensives Analgesics, internal — Anti-obesity Professional services: Physicians 1 fees General physician, office visits General physician, house visits Obstetrical cases Pediatric care, office visits Psychiatrist, office visits Herniorrhaphy, adult Tonsillectomy and adenoidectomy Dentists' fees Fillings, adult, amalgam, one surface Extractions, adult Dentures, full upper Other professional services: Examination, prescription, and dispensing of Routine laboratory tests, urinalysis Hospital service charges Semiprivate rooms Operating room charges X-ray diagnostic series, upper G.I Laboratory tests, urinalysis Anti-infectives, tetracyline, HCL Tranquilizers, chlordiazepoxide, HCL and meprobamate Electrocardiogram Intravenous solution, saline Physical therapy, whirlpool bath Oxygen, inhalation therapy Jan. 72 Jan. 72 Jan. 72 Jan. Jan. Jan. Jan. Jan. 72 72 72 72 72 Toilet goods Toothpaste, standard dentifrice Toilet soap, hard milled Hand lotions, liquid Shaving cream, aerosol Face powder, pressed Deodorants, aerosol Cleansing tissues Home permanent wave kits Personal care services Men1 s haircuts Beauty shop services Women1 s haircuts Shampoo and wave sets, plain Permanent waves, cold See footnotes at end of table. Indexe s July 1973 base 18 August 1973 from: August 1972 July 1973 124. 8 122.6 110.9 122.7 118.8 128. 1 110.3 142.5 138. 1 123.7 154. 1 144.9 150.3 138. 3 122.6 134.5 145.9 124.5 122.3 110.6 121. 3 118.7 128.4 109. 1 142.9 138. 2 123.7 153. 6 144.9 150.3 138.3 122.6 134.5 145.9 0 7.9 9.5 3.4 -5.5 5.3 -2. 1 -3.0 4.3 1. 1 0 3.5 -. 2 4. 1 2.7 130.3 137. 3 105.9 112.4 94.6 117. 6 101.8 114.8 126.3 115.4 100.4 71.0 129. 0 103.8 107.9 137.6 112.8 111.2 117. 1 91.3 130.5 137. 6 105.9 112.4 94.8 117. 3 101.6 115.0 126. 3 115. 6 100.5 70.9 129.5 103.8 107.9 137.8 112.9 111.2 117.4 91.4 3.2 3.5 # 1 !8 -.5 .4 .2 .4 1.8 • 1.7 -.4 -4.6 1.5 .5 -. 1 4.2 1. 1 1.3 -.5 -1.6 138. 2 139.5 141.5 138.4 140.4 133.8 131.3 133.3 136. 7 139. 0 136.0 132. 7 138. 6 139.8 141.9 138.7 141.5 133.9 131.8 133. 3 136. 7 139. 1 135.9 132. 8 3.3 3.4 3.4 3.3 4.0 129.8 122.5 105.6 181. 8 179. 2 131.9 104.3 97.6 130. 6 123.8 106.0 182. 5 179. 7 132. 1 105. 2 97.4 4.2 2.5 3.2 4. 1 5.7 1.9 2.7 -2.6 .6 1. 1 .4 .4 . 3 .2 .9 -.2 104.9 104.5 103.8 106.7 103.5 125.3 119. 7 109. 1 128.0 125.5 108.8 146.6 104. 9 125.0 109.5 131. 1 133. 8 129.3 134.2 132. 8 116.8 105. 3 104.7 103.8 107.9 103.8 125.7 120. 1 109. 3 128.4 127.0 108. 7 148.2 105.2 124.7 109. 3 131. 6 133.9 130. 0 135.2 133.5 117. 1 3.3 1.8 1.4 5.6 1.8 4.6 2.3 -.5 5.3 -. 1 1.5 10.4 .4 .2 0 1. 1 .3 .3 .3 .2 .3 1.2 -. 1 1. 1 .3 -.2 -.2 .4 . 1 .5 .7 .5 .3 3.3 3.6 -0.2 -.2 -%3 -1. 1 -. 1 .2 -1. 1 .3 . 1 0 -.3 0 0 0 0 0 0 .2 .2 .0 0 .2 -.3 -.2 .2 0 .2 # 1 -. 1 .4 0 0 . 1 . 1 0 .3 . 1 .3 .2 .3 .2 .8 . 1 .4 3.6 2.5 2.2 2.9 3.6 2.3 2.5 m i 0 -.3 6.8 6.8 6.9 10.9 6.3 4.0 0 0 . 1 -. 1 Table 8. Consumer Price Index-United States city average for urban wage earners and clerical workers, indexes for selected items and groups, August 1973, and percent changes from selected dates—Continued (1967= 100) Other index base Item and group Health and recreation—Continued Reading and recreation 10 Recreational goods TV sets, portable and console TV replacement tubes Radio, portable and table model Tape recorders, portable Phonograph records, stereophonic Movie cameras, super 8, zoom lens Film, 35mm, color Golf balls, liquid center or solid core Basketballs, rubber or vinyl cover Fishing rods, fresh-water spincasting Bowling balls Bicycles, boys' Tricycle s Dog food, canned or boxed Recreational services Indoor movie admissions — Adult Children1 s Drive-in movie admissions, adult Bowling fees, evening v j O U JJ3TCCH I € G S 126.2 109.4 97.6 134.8 —————————————————————————————— TV repair, color picture tube replacement Film developing, color Reading and education: Newspapers, street sale and delivery Magazines, single copy and subscription Piano lessons, beginner ^^fclier GToods & u d s e r v i c e s ————-—————••-————~———————————————— T n K s / * / * A im*s>#1*i**f" c _ x v w a w u ^ / i ^ / u u v i > o ——————————————— __— _— — Cigarettes, nonfilter tip, regular size Cigarettes, filter tip, king size Cigars, domestic, regular size Alcoholic beverages B e er Whiskey, spirit blended and straight bourbon Wine, dessert and table Dp*y aimv July 1973 f i * / \ m "hi™iTV^*» August 1973 126. 1 109.5 97.4 134.8 Percent change to August 1973 from: August July 1972 1973 2.5 1.3 -2.0 1.7 .2 -1. 4 .7 2.2 99.5 99.4 93.4 108.0 89.9 107. 6 103. 2 127.0 109. 7 115.6 122.8 116.2 123.9 133.2 148.5 146.6 153.9 152.9 123.2 137.9 100. 2 116. 2 93.8 108.3 90.2 107. 5 103.8 126.4 110. 1 115.9 124.2 116. 1 125.3 132.9 148.8 146.7 154.7 151. 3 122.4 138.0 100.4 116. 1 136.4 136. 1 126.2 129. 5 137.8 139. 3 140. 0 113. 5 122.8 116.0 109.0 136.8 135.2 136.4 136. 1 126.4 129.4 137.8 139.5 140. 1 133.2 122.4 115. 1 109.0 136.9 135. 1 2. 5 2.0 3.2 2.7 2.8 2.6 2.9 2.0 2. 1 1. 1 . 1 7. 3 2.7 126.4 107. 0 163.3 127. 6 107.0 163.4 5. 1 0 8.7 -.6 -1.2 0 2.3 1.6 6. 1 1.4 13.7 3.3 3.8 2.8 6.7 2.9 3.9 5.4 2.3 -.3 -. 1 .4 .3 .3 -. 1 .6 -.5 .4 .3 1. 1 -. 1 1. 1 -.2 .2 . 1 .5 -1.0 -.6 . 1 .2 -. 1 0 0 .2 -. 1 0 . 1 . 1 -. 3 -. 3 -.8 0 . 1 -. 1 j-*c;^x ttway AAV*** J I V I I I C Financial and miscellaneous personal expenses: Funeral services, adult Bank service charges, checking accounts Legal services, short form will Also includes hotel and motel rates not shown separately. Also includes home purchase costs not shown separately. Also includes pine shelving, furnace filters, packaged dry cement mix, and shrubbery not shown separately. Also includes Venetian blinds, nails, carpet sweepers, air deodorizers, steel wool scouring pads, envelopes, reupholstering, and moving expenses. Priced only in season. Not available. Also includes men' s sport shirts, women' s and girls' lightweight coats, women1 s slacks, cocktail dresses, bathing suits, girls' shorts, earrings, and zippers not shown separately. Also includes recapped tires and drivers' license fees not shown separately. 9 Includes prices for water pump replacement, motor tune-up, automatic transmission repair, exhaust system repair, front end alignment, and chassis lubrication. 10 Also includes outboard motors, nondurable toys, college tuition fees, paperback books, and college textbooks, not shown separately. 19 Brief Explanation of the CPI personal visits of the Bureau's trained representatives. Mail questionnaires are used to obtain local transit fares, public utility rates, newspaper prices, fuel prices, and certain other items. In calculating the index, price changes for the various items in each location are averaged together with weights which represent their importance in the spending of all wage earners and clerical workers. Local data are then combined to obtain a U.S. city average. Separate indexes are also published for 23 areas. The index measures price changes from a designated reference date- 1967—which equals 100.0. An increase of 22 percent, for example, is shown as 122.0. This change can also be expressed in dollars as follows: The price of a base period "market basket" of goods and services bought by urban wage earners and clerical workers has risen from $10 in 1967 to $12.20. The Consumer Price Index (CPI) measures average changes in prices of goods and services usually bought by urban wage earners and clerical workers. It is based on prices of about 400 items which were selected to represent the movement of prices of all goods and services purchased by wage earners and clerical workers. Prices for these items are obtained in urban portions of 39 major statistical areas and 17 smaller cities, which were chosen to represent all urban places in the United States. They are collected from about 18,000 establishments— grocery and department stores, hospitals, filling stations, and other types of stores and service establishments. Prices of foods, fuels, and a few other items are obtained every month in .all 56 locations. Prices of most other commodities and services are collected every month in the five largest areas and every 3 months in other areas. Prices of most goods and services are obtained by A Note About Calculating Index Changes period. BLS does not publish annual rates based on data for 1 month. Movements of the indexes from one month to another are usually expressed as percent changes rather than changes in index points because index point changes are affected by the level of the index in relation to its base period while percent changes are not. The example in the accompanying box illustrates the computation of index point and percent changes. Seasonally adjusted percent changes in the U.S. All Items Index are based on seasonal adjustment factors and seasonally adjusted indexes carried to two decimal places. This procedure helps to eliminate rounding error in the percent changes. Percent changes for 3-month and 6-month periods are expressed as annual rates and are computed according to the standard formula for compound growth rates. These data indicate what the percent change would be if the current rate were maintained for a 12-month Index Point Change CPI Less previous index Equals index point change: 123.8 123.2 0.6 Percent Change Index point difference, Divided by the previous index, Equals, Results multiplied by one hundred Equals percent change: 0.6 123.2 0.005 0.005x100 0.5 A Note on Seasonally Adjusted and Unadjusted Data climatic conditions, production cycles, model changeovers, holidays, and sales. The unadjusted data are of primary interest to consumers concerned about the prices they actually pay. Unadjusted data are also used extensively for escalation purposes. Many collective bargaining contract agreements and pension plans, for example, tie compensation changes to the Consumer Price Index unadjusted for seasonal variation. Because price data are used for different purposes by different groups, the Bureau of Labor Statistics publishes seasonally adjusted as well as unadjusted changes each month. For analyzing general price trends in the economy, seasonally adjusted changes are usually preferred, since they eliminate the effect of changes that normally occur at the same time and in about the same magnitude every year—such as price movements resulting from changing 20 Reliability of Percent Changes in the CPI A system of "replicated" samples introduced into the index structure in the 1964 revision permits an estimate of sampling error for the CPI.1 The table below shows standard errors for monthly, quarterly, and annual percent changes in the CPI for all items and for nine commodity groupings based on 1972 averages. Average standard errors of percent changes in the CPI based on 1972 data Component All items Food at home Food away from home Housing Apparel and upkeep. Transportation . . . . Medical care Personal care Reading and recreation Other goods and services Monthly change Standard error Quarterly change Annual change .04 .07 .06 .10 .09 .15 .08 .06 .17 .11 .09 .14 .14 .10 .27 .17 .14 .19 .33 .19 .33 .20 .28 .34 .09 .12 .20 .11 .17 .23 The figures may be interpreted as follows: The chances are about 95 out of 100 that the percent change in the CPI as computed differs from the corresponding "complete coverage" change by less than twice the standard error. Because the CPI is rounded to one decimal place, some ambiguity may arise in interpreting small index changes. As the table indicates, for example, a monthto-month change of 0.1 percent in the all-items CPI is significant. Because of rounding, however, a change of this size in the published index might result from a much smaller change in the unrounded value. Hence, any particular change of 0.1 percent may or may not be significant. On the other hand, a published change of 0.2 percent is almost always significant, regardless of the time period to which it relates. This replaces the table of average errors based on 1971 data which was included in the CPI report through March 1973. The method of deriving these estimates is described in a paper by Marvin Wikerson, "Measurement of Sampling Error in the Consumer Price Index," Journal of the American Statistical Association, September 1967. 21 BUREAU OF LABOR STATISTICS REGIONAL OFFICES PUERTO RICO Region I 1603 JFK Federal Building Government Center Boston, Mass. 02203 Phone: 223-6762 (Area Code 617) Region V 8th Floor, 300 South Wacker Drive Chicago, III. 60606 Phone: 353-1880 (Area Code 312) Region II 1515 Broadway New York, N.Y. 10036 Phone: 971-5405 (Area Code 212) Region V I 1100 Commerce St., Rm. 6B7 Dallas, Tex. 75202 Phone: 749-3516 (Area Code 214) Region I I I Regions V I I and VIM * Federal Office Building 911 Walnut St., 15th Floor Kansas City, Mo. 64106 Phone: 374-2481 (Area Code 816) P.O. Box 13309 Philadelphia, Pa. 19101 Phone: 597-1154 (Area Code 215) Region IV Suite 540 1371 Peachtree St., NE. Atlanta, Ga. 30309 Phone: 526-5418 (Area Code 404) * ** Regions IX and X * * 450 Golden Gate Ave. Box 36017 San Francisco, Calif. 94102 Phone: 556-4678 (Area Code 415) Regions V I I and VIM are serviced by Kansas City. Regions IX and X are serviced by San Francisco.