Full text of CPI Detailed Report : December 1954
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Issued January 21, 1955 U.S. DEPARTMENT OF LABCR Bureau of Labor Statistics Washington 25, D. C. GONSUMER PRICE INDEX - DECEMBER 195k Consumer prices in urban areas declined 0.3 percent on the average in December, according to the U.S. Department of Labor's Bureau of Labor Statistics. Most of the decrease was due to latter food prices, although prices were Also lower for transportation, apparel, reading and recreation, personal care, and the "other goods and servicesw category. Fuel, residential rent, and medical care costs were higher. The Consumer Price Index for December 195U was llii.3 (19U7-U9 • 100), 0.5 percent lower than a year ago, and 1.0 percent below the record high level of October 1953* FOOD Retail food prices declined 0.6 percent between mid-November and mid-December 195U, the fifth consecutive monthly decrease. Since July, average food prices have dropped 3*7 percent, with monthly decreases ranging from 0.5 percent to 1.3 percent. Major influences contributing to the food decline were substantially lower prices for eggs, pork chops, chickens, lettuce, and oranges. Egg prices were d<am seasonally (about 8 percent) as reductions were reported in h3 of the U6 cities in the index. At an average price of 53*6 cents a dozen, eggs in December were 23 percent l<*rer than in December 1953? and were selling at the lowest prices for any December since 19Ul» Usually egg prices reach their lowest level in early springy rising to a peak in October or November, but with production at a record rate, prices this year have not exhibited their usual seasonal movement. Prices of pork chops declined 5 percent between November and December, but ham prices rose slightly. At the end of the year pork prices were about 8 percent below December 1953* Prices of frying chickens declined 3f percent during the month, as supplies continued at record levels. Other meats for which lower prices prevailed in December were frankfurters, chuck roast, and leg of lamb. Oranges averaged 8 percent lower in price than in November and canned orange juice prices declined lj percent, reflecting higher than average production. Bananas declined 3^ percent during the month, but apple prices were 3 percent higher than in November. Lettuce prices dropped 17 percent, as lower prices were reported in IpL of the U6 cities, with reductions ranging up to U6 percent. Prices of green beans also were 13 percent lover than in November. These declines were nearly counterbalanced by higher prices for tomatoes (up 17 percent), cabbage (up 19 percent), and sweetpotatoes (up 8* percent). Tea prices rose for the ninth consecutive month to a level about 9 percent above December 1953* Coffee prices edged up (0.2 percent), with increases reported in 2h cities. HOUSING After three months at the same level, the housing costs index rose 0.2 percent between November and December as a result of higher prices for fuel oil and coa and continued increases in residential rents. Higher rates for gas and other public utilities were reported in several cities, prices of housefurnishings averaged unchanged from November. Some decreases in electrical appliances and furniture were reported in a number of cities. Household operation costs declined 0.1 percent, primarily because of decreases in laundry soap and detergent prices. OTHER COMMODITIES AND SERVICES The transportation index declined 0.2 percent, primarily because of substantial decreases in used car prices, following introduction of the 1955 model automobiles. New car prices were higher than in November, as more 1955 models were on the market. The apparel price decline in December is due principally to the end-of-season sale prices for women's and girls1 coats and women's wool suits reported in practically all cities. 2 Prices were lower for television sets and radios, and movie admissions declined with the return to regular prices after showings of special features in a number of cities. Medical care costs continued their slow advance as higher fees were reported in December by physicians and dentists. Hospitals in 7 cities quoted higher ward and room rates because of higher expenses. The personal care and f?other goods and services1' groups each declined slightly. YEAR-EM) SUMMARY During 195U the Consumer Price Index moved within the very narrow range between 11U.3 and 115*2. The greatest month-to-month change in the average of all goods and services prices was 0.3 percent. From Il5»2 in January, the index moved downward slowly for 3 months to llU*6. It turned up in May and by July had regained its January level. Since July the price index has edged down steadily, except for a 0.1 percent rise in November. Beginning in September, the index has been lower each month than for the corresponding month of the previous year. Most of the change during the year was due to decreasing food prices. The total food index was down 1.7 percent and food at home was down 2.2 percent. All subgroups of food at home, except cereals and bakery products, reflected lower prices than a year ago. The December 19%h prices of meats, poultry, and fish averaged more than 5 percent below December 1953* primarily because of larger 195U production of pork and poultry. Dairy products were down 3*2 percent, reflecting chiefly the reduction in Government support prices. During most of the first eight months of the year, prices of other groups of foods rose, largely hecause of higher coffee prices, but declined slightly in the last four months oJT the year as coffee prices fell and egg prices went down, prices of restaurant meals advanced during the year. The advance of 0.7 percent in the overall prices of housing in 195k resulted largely from steadily increasing residential rents, which rose l.U percent. This compares with a $.7 percent increase during 1953* indicating that rents are levelling off for the first time since mid-19U7 when Federal rent controls were first relaxed. During this period, in which Federal, State, and local controls gradually were lifted, rents advanced 37*8 percent. In 195U> rent decreases began to appear more frequently, particularly in smaller cities, and more recently in a few large cities. The average costs of gas and electricity, solid fuels and fuel oil, and household operation also were higher than in December 195>3« Housefurnishings prices dropped 2.5 percent during the year as retailers generally reduced prices of electrical appliances to meet competition from discount* houses, and reductions in Federal excise taxes largely were passed on to consumers. Apparel prices moved generally downward in 195U* The net decrease over the year was 0.9 percent. Women's and girls1 apparel prices were dcwn 1.5 percent from December 1953 and men's and boys 1 , 1.0 percent, but footwear and other apparel prices were slightly higher than a year ago. Transportation costs declined 1,2 percent from December 1953 to December 195U* as used car prices decreased steadily, and prices of tires also were lower* New car prices rose slightly. The nodical care of services, rose in eveiy 2.2 percent higher than in average from last year, as balanced by reduced excise index, which reflects the general continued increases in prices month in 195U except June, to the end of the year, when it was December 1953• Personal care costs were unchanged on the higher prices for barber and beauty shop services were countertaxes on cosmetics. The decline of 2.1 percent for reading and recreation resulted from lower prices for television sets, radios, toys, and sporting goods. "Other goods and services" prices fell 0.3 percent during the year. TABLE 1. CONSUMER PRICE INDEX — U.S. CITY AVERAGE ALL ITEMS AND COMMODITY GROUPS Indexes and Percent Changes for Selected Dates December 1954 November 19524 This Month Last Month October 1954 December 1953 3 June 1950 Group 2 Months Ago Last Year Pre-Korea Year 1939 Pretforld War II INDEXES (1947-49 = 1 0 0 ) ALL ITEMS ll4«3 nil. 6 114.5 114.9 101.3 59.4 FOOD 1/ 110.1* 111.1 111.8 112.3 100.5 47.1 112.0 103-5 106.6 109.6 113.7 110.9 122.7 103.9 106.7 111.1 115.7 111.7 120.9 107.8 110.3 109.2 113.5 100.5 102.7 106.1 92.3 102.5 94.1 47.1 57.2 41.6 49.8 46.3 48k4 119.7 U9.5 119.5 118.9 104.9 76.1 109.1 125.5 io$.li 117.7 129.2 108.7 124.2 105.4 117.3 129.0 108.5 123.8 105.6 117.6 127.6 107.2 125.3 108.1 117.0 104.3 104.6 104.6 105.3 96.5 106.4 99.6 116.7 91.1 107.6 98.1 125.0 125.9 113.4 106.9 120.1 128.9 123.6 113.6 108.9 120.3 Food at home Cereals and bakery products • • Meats, poultry and fish • • • • Dairy products Rent 109.2 123.3 102.2 106.8 108.U . . . . . . a . . . . . . . Solid fuels and fuel oil . . «, APPAREL Footwear • • . . • • • • • « « • TRANSPORTATION MEDICAL CARE PERSONAL CARE READING AND RECREATION 4 OTHER GOODS AND SERVICES jJ . . . . 106.5 99.0 116.9 91.1 127.3 126.3 113.6 106.6 119.9 110.1 123.1 106.5 99.5 117.0 91.2 127.6 "126.1 113.8 106.8 120.0 100.5 116.1 90.9 108.7 102.7 107.6 97.4 99.6 86.6 104.9 56.4 53.4 68.1 52.5 4/ 93.3 X/ 88.4 109.9 105.4 99.2 102.5 103.7 y 68.9 72.6 59.6 63.0 70.6 June 1950 Year 1939 102.1 y, PERCENT CHANGE TO DECEMBER 195U FROM: October 1954 December 1953 - 0.3 - 0.2 - 0.5 12.3 92.4 - 0.6 - 1.3 - 1.7 9.9 134.4 - 0.8 0.2 - 1.3 0.2 - 1.1 - 1.5 - 1.5 0.5 - 1.6 0.1 - 2.4 - 3.2 - 2.2 2.0 - 5.2 - 3.2 - 0.7 - 1.3 8.7 20.1 - 3.7 15.7 5.8 19.0 131.8 115.6 145.7 114.5 134.1 131.4 0.2 0.2 0.7 14.1 57.3 0.2 0.4 1.0 0 - 0.1 0.3 1.4 19.0 - 0.2 0.1 - 2.5 0.6 8.2 18.2 122.5 97.4 72.1 - 0.3 - 0.3 - 0.9 8.1 98.7 0 - 0.5 0.1 - 0.6 0.2 - 1.0 8.6 6.1 14.5 3.1 V November 1954 - 0.1 - 0.1 PERSONAL CARE READING AND RECREATION OTHER GOODS AND SERVICES jJ 1/ 2/ 3/ 4/ - 0.2 0.2 - 0.2 - 0.2 - 0.1 0.6 1.4 0 1.8 0.3 0.2 - 0.3 - 0.2 1.8 0.2 - 1.5 0.7 0.2 - 1.2 2.2 0 - 2.1 - 0.3 6.2 16.6 15.8 19.8 14.5 4.o 15.6 Includes restaurant meals not shown separately. Includes home purchase and other home-owner costs not shown separately. Includes tobacco, alcoholic beverages, and "miscellaneous services"(such as legal services, banking fees, "burial services, etc.). Not available. 49.4 4.0 V y 84.8 74.0 90.6 69.2 69.8 TABIC 2. CONSUMER HIICE INDEX — ALL ITEMS INDEXES PGR SELECTED DATES U.S. C U T AVERAGE AND 20 LARGE CITIES (1935-39=100) ( i 9 t 7 . % 9 a . l O O ) City December 192* November 195U December 1953 June 1950 Year 1939 December 195U 1/ U.S. CITY AVERAGE 11U.3 llii.6 114.9 101.8 59.* 191.1 117.0 116.2 115.3 112.2 115.6 117.6 116.9 115.0 112.7 115.9 ll6.li 116.1I 115.8 113.0 115.0 102.8 102.8 101.3 100.9 101.6 58.6 59.0 60.% 60.1 59.2 199.3 196.1 192.7 185.7 192.ii CITIES H^ICED MONTHLY: Detroit New York Philadelphia December 195U CITIES PRICED IN MARCH, JUNE, SEPTEMBER, DECEMBER 2/ Atlanta September 1951* 115.7 lliu8 113.3 115.1* 115.7 CITIES PRICED IN FEBRUARY, MAY, AUGUST, NOVEMBER 2/ Washington, D. C. 116.3 115.2 llii. 3 115.7 116.2 November 1951i . . . . . . . . CITIES PRICED IN JANUARY, APRIL, JULY, OCTOBER 2/ Decentoer 1953 August 1951i 117.1 lllu5 11U.6 116.9 116.9 November 1953 June 1950 101.3 101.6 101.2 101.1 100.9 Decenfcer 195li 196.2 197.3 190.8 192.6 197.7 58.3 57.9 58.ii 59.3 58.6 w May 1950 115.3 116.7 112.3 115.7 113.5 115.3 116.5 112.k 116.2 llli.l 115.5 117.3 U3.it li6.ll llii.3 100. h 103.5 100.2 102.0 101.6 October July 1951i October 1953 April 1950 113.5 115.7 116.9 11U.3 115.2 113.8 115.6 117.3 115.U 115.5 113.8 115.7 116.6 llli.7 116.1 101.2 101.U 102.1 99.9 101.5 November 1951i 59.2 59.5 58.5 59.2 60.ii 196.5 197.6 186.6 197.7 I86.ii October 1951i 3/ 61.0 61.7 60.7 58.1 58.3 182.7 186.3 193.6 19li.3 199.5 l/ These are the same Indexes shown In column 1, converted to a base of 1935-39 = 100. 2/ Foods, fuels, rents, and a few other items priced monthly; other commodities and services priced quarterly. 3/ June 19$0; formerly priced March, June, September, December. 2/ May 1950; foimerly priced February, May, August, November. TABLE 3. CONSUMER PRICE INDEX — PERCENT CHANGES FROM NOVEMBER 1951* TO DECEMBER 1954 U.S. City Average and Five Cities Priced Monthly All Items and Commodity Groups U.S. CITY AVERAGE Chicago Detroit • • Los Angeles New York • • Philadelphia • . •• • • .. Food All Items City . • • . • • • • • • • • • • • • Housing Apparel Transportation Medical Care Reading and Personal Recreation Care Other Goods & Services - 0.3 - 0.6 0.2 - 0.3 - 0.2 0.2 - 0.2 - 0.2 - 0.1 - 0.5 - 0.6 0.3 - O.ii - 0.3 . - 0.2 0 0.9 0.1 0 - O.U 0 0 - 0.7 - 0.6 - 0.7 - 2.1 0.1 - 0.5 - 0.6 0 0 0 0 0.9 - 0.2 0.1 0 - 0.1 0 - 0.3 - 1.6 0 - 0.1 0 - 0.2 0 1.3 0.8 0.2 0.8 0.7 - O.k - 0.3 - 0.1 5 TABUS CONSUMER FRICE INDEX — ALL ITKMS AND COMMODITY GROUPS December 19Sh Indexes and Percent Changes, September 195U to December 19 5U U.S. City Average and 10 Cities Priced In December 195U U.S. Los CincinBaltic m AVERAGE Atlanta more Chicago nati Detroit Angeles Group New York Phila- St. delphia Louis San Francisco December 195k Indexes (19U7-U9 - 100) Food at home . . . . . . . . . . . . . Cereals and bakery products • • • • . . Meats, poultry and fish Dairy products • • • • • Fruits and vegetables ... Other foods at home • • • • • • • • • • Rent . . . . . . . . . . . . . . . . . Gas and electricity Solid fuels and fuel oil Housefurnishings •••• Household operation • • • • • • • • • • Men's and boys' Other apparel . . . . . • . . . . . . . . . READING AND RECREATION OTHER GOODS AND SERVICES m . 3 115.7 llli.8 117.0 113.3 116.2 115.3 112.2 115.6 115.1; 115.7 110.1* 110.0 111.1; 108.2 112.0 113.0 110.7 110.1 112.6 112.3 111.8 109.2 123.3 102.2 106.8 108 .U 112.0 108.3 117.0 10U.9 108.3 110.1 105.1 110.0 122.3 10U.U 109.1 105.5 112.6 106.7 116.7 97.5 105.5 107.2 116.6 111.1 121;.7 101; . 3 111.3 105.9 117.1; 111.7 119.8 102.2 106.5 119.3 113.1 108.6 127.5 102.0 103.3 107.0 110.5 109.0 127.3 103.1; 107.0 103.6 112.9 111.3 120.7 10U.5 112.5 110.2 112.1; 110.1 118.8 102.3 98.2 115.7 120.6 110.7 130.3 105.9 10U.7 110.1; 110.3 119.7 12U.0 115.1 128.5 117.6 122.1; 125.1 116.1 111;. 5 119.9 117.8 129.1* 109.1 125.5 105.U 117.7 113.3 119.5 109.3 128.6 100.0 127.2 99.1 112.6 106.2 12U.6 108.1; 121.1 131.6 119.5 127.2 101.0 120.1 109.0 119.3 109.0 110.3 113.6 102.3 123.1; 109.3 11U.7 135.5 103.8 138.7 101.3 119.8 130.8 130.1 106.7 108.1 108.2 129.8 105.0 119.1 10U.3 110.3 102.5 106.2 103.2 102.ii 10U.7 103.7 105.8 103.7 101.9 106.5 99.0 116.9 91.1 112.1 105.1 123.2 92.0 1D1.1i 98.9 117.0 9U.U 111.3 98.0 120.1 93.6 10U.0 98.1 122.2 87.1 108.3 91;.6 113.0 87.3 108.1; 118.5 83.U 105.9 98.0 115.9 9U.1 10U.8 10U.6 111.2 92.9 107.8 95.7 118.9 95.8 105.3 96.3 u$.l» 87.2 127.3 126.3 113.6 106.6 119.9 125.7 121.6 115.5 106.3 •118.0 138.9 133.1 133. U 126.1 107.5 115.2 117.1 110.7 123.0 118.2 123.5 126.3 109.0 99.3 116.3 122.7 127.6 119.1 108.6 121;.7 126.1; 122.9 117.1 96.9 111;.3 130.8 121; . 6 108.3 10U.2 121.0 137.9 133.7 117.6 113.0 123.9 130.6 139.9 113.6 93.U 113.6 11*1.3 123.7 111.7 107.6 115.5 - 0.1 - o.U - 0.5 - 0.3 - o.U 1.1 - - 1.5 - 2.3 - 2.7 - 2.0 1.2 1.6 - 3.U 3.3 1.9 - U.7 - 1.9 o.5 - U.8 o.5 - 0.8 - 2.0 - 2.0 1.7 - 3.8 0.9 - 3.U - 2.9 . 2.6 0 - 3.8 3.9 - 6.5 - U.2 - 3.U 0 . U.o - 3.3 - 2.2 - 5.2 - 0.3 0.3 0.2 0.2 0.3 . 3.7 0 5.2 - 0.1 0.8 1/1.3 0 l.U - l.U 0.7 1/1.U ~ 0 Percent Change — September 195U to December 195U 0 ALL ITEMS FOOD . Food at home • • • • • • • • Cereals and bakery products Meats, poultry and fish . • Dairy products • Fruits and vegetables . . . Other foods at home • • • • HOUSING Rent . . . * . . * . . . . . Gas and electricity Solid fuels and fuel oil • • Housefurnishings • • • • • • Household operation APPAREL 1.8 * 2 # 9 98.5 - 2.5 - 1.8 - 2.0 - l.U 2.2 0.6 1*.2 0.9 1.9 3.1; 3.6 0.1 - 6.2 0.2 - 7.1; - 2.5 - 2.9 0.3 - U.o 0.2 - 5.7 - 3.3 - 2.3 0.1 - lwl 1.8 - 2.2 - U.o - 2.1; 3.0 - U.O 3.5 - 5.U - U.6 0.2 - 0.1 0.6 0.5 0.5 - 0.2 0.5 1.1 2.5 0.6 0.3 1.8 1.5 - 0.3 - 0.6 0.1; 5.0 0 l.U 1/2.3 - 0 . 1 ~ 3.7 3.3 1.3 - 0.1 - 0.5 0 0.3 0.8 0.3 0 0.1 - 0.9 0 0 5.5 - 0.9 0.2 0 - 0 _ - «» - - 0.9 - 0.5 - 0.1 - 0.7 - 0.5 - 0.2 - 1.2 0.2 - 0.9 0.1 - 0.3 - 0.2 - 0.5 0.2 - 0.2 - 0.2 - 2.U 0.3 - 0.7 0 - 0.2 0.6 0 0 - 1.2 0.2 - 0.7 - 0.1 - 1.7 0.3 - 0.5 - 0.9 - 1.6 0.2 0.1 0 - 1.0 0 - 0.3 - 0.6 - 0.2 0.7 0.8 0 - 1.6 o.5 - 0.2 TRANSPORTATION MEDICAL CARE PERSONAL CARE READING AND RECREATION . . . . OTBER GOODS AND SERVICES . . . 0.7 0.5 0.1 0.1 0.2 U.8 0.1; 0 - 2.1 - 0.1 2.7 0 0.1 - 0.7 - 0.1 0 2.8 0.1 0.1 0 - 2.9 1.2 - 0.3 1.0 - l.U U.o 0.6 0 - o.5 0 2.7 0 - 0.3 - 2.2 - 0.2 0.8 o.U 1.1 0.5 0.6 ii 0.3 - 0.3 ;1 - 0.6 I - -J.2 o.3 ;I- - o.U - 0.1 - 0.7 0.1 0 0.3 0.2 Change from June I9^h to December 2.5 o.5 2.9 0.7 0.5 - 6.1 - 0.6 Men's and boys' Women'8 and girls' Footwear . . . Other apparel . . . . . . . . 1/ 105.2 108.9 U.U 2.8 0.2 .1 0.2 0.8 0.2 - 0.1 ;- 0 . 3 6 TABLE 5. CONSUMER PRICE INDEX — FOOD AND ITS SUBGROUPS December 1954 Indexes and Percent Changes, November 1954 to December 1954 U. S. City Average and 20 Large Cities (191+7-49 — 100) Total Food Total Cereals & Meats, Poultry Dairy Fruits & Other Food at Home Bakery Products & Fish Products Vegetables Foods at Home City Percent Percent Change Index U.S. CITY AVERAGE . . 110.4 - 0.6 109.2 - 0.8 110.0 Atlanta . Baltimore 111.4 Boston . « • • • • • 108.5 Chicago 108.2 Cincinnati 112.0 Cleveland 108.9 Detroit • 113.0 Houston 109.8 Kansas City 107.1 Los Angeles • • • . • !110.7 - 0.5 108.3 110.0 - 0.6 Minneapolis • • • • • > 109.9 110.1 New York Philadelphia . . . • 112.6 Pittsburgh 110.8 Portland, Ore. . . . 109.T St. Louis 112.3 San Francisco . • • . 111.8 108.1 Scranton 110.8 Seattle Washington, D.C. • • >109.7 - Index - 0.9 - 0.4 1.3 0.9 0.7 - 0.8 - 0.5 - 0.7 - 0.2 0.8 0.8 0.7 0.9 0.1 1.1 0.7 1.5 0.2 - 0.4 Change 106.8 106.7 - 107.7 - 111.7 108.8 105.7 108.6 109.1 109.0 111.3 110.0 108.8 110.1 110.7 107.8 110.5 108.1 Food and Unit CEREALS AND BAKERY PRODUCTS: Flour, wheat 5 lb. Biscuit mix 20 oz. Corn meal lb. Rice lb. Rolled oats 20 oz. Corn flakes 12 oz. Bread, white lb. Soda crackers lb. Vanilla cookies 7 oz. MEATS, POULTRY AND FISH: lb. Round steak lb. Chuck roast lb. Rib roast lb. Hamburger lb. Veal cutlets lb. Pork chops, center cut lb. Bacon, sliced lb. Ham, whole lb. Lamb, leg lb. Frankfurters 12 oz. Luncheon meat, canned lb. Frying chickens, dressed lb. Frying chickens, ready-to-cook lb. Ocean perch, fillet, frozen lb. Haddock, fillet, frozen 16 oz. Salmon, pink, canned 7 oz. Tuna fish, canned DAIRY PRODUCTS: qt. Milk, fresh, (grocery) qt. Milk, fresh, (delivered) pt. Ice cream lb. Butter lb. Cheese, American process 14 Milk, evaporated i oz. can FRUITS AND VEGETABIES: Frozen Strawberries 10 oz. 6 oz. Orange juice concentrate 1G oz. Peas, green 10 oz. Beans, green Fresh lb. Apples lb. Bananas doz. Oranges, size 200 lb. Lemons • 111.1 TABLE 6. * Priced only in season Index Percent - • • • • - - Index Change 123.3 117.0 1.0 0.5 1.7 1.1 0.8 0.8 0.5 1.0 0.4 122.3 119.1 116.7 124.7 120.5 1.1 1.4 1.0 1.0 0.1 1.3 0.9 1.7 0.3 0.6 125.4 127o3 120.7 124.6 124.4 119.8 118c 2 120.3 127.5 118.8 130.3 118.6 127.4 120.8 Percent Index Change 0.2 102.2 0.4 - 0.1 0 0.2 0.2 0.2 1.8 0 0.3 0.3 104.9 104.4 99.2 97.5 104.3 99.9 102.2 98.7 97.9 102.0 0.2 0 - 0.1 0.2 - 0.1 0.2 0 - 0.1 0.4 0.1 97.8 103.4 104.5 98.7 103.7 102.3 105.9 102.3 102.7 98.2 - 1.3 - 1.6 - 1.3 1.2 1.9 1.8 0.6 0.9 1.1 1.9 1.1 - 0.6 • - 1.6 0.8 1.0 1.6 1.3 - 0.8 - 1.4 - 0.8 - 0.5 Percent Index Change 0.2 108.4 108.3 109.1 111.4 0.3 0.3 1.3 - 0.1 o.l 110.1 111.3 103.5 106.5 108.7 108.5 103.3 102.9 107.0 112.5 110.0 102.5 98.2 104.7 108.3 105.9 110.8 Percent Index Change Change 106.8 105.5 Percent 105.5 106.2 107.2 105.9 103.9 119.3 113.0 103.9 107.0 0.2 0.2 - 0.2 0.2 0 114.3 103.6 110.2 105.5 109.1 115.7 110.4 102.0 115.0 105.1 0.5 - 0.2 0.2 0 0.1 - 1.7 0.3 0.1 0 - 0.4 - 1.1 112.0 - 1.5 - 1.1 - 0,9 1.1 - 3.3 105.1 112.6 103.7 116.6 117.4 116.1 113.1 112.3 105.6 110.5 - 0.7 2.0 2„Q 2.2 1-7 1.3 2.0 0.1 0.9 0.8 117.5 112.9 112.4 120.9 110.4 120.6 110.3 109.8 109.9 111.9 - 3.5 2.5 2.6 1.9 0.2 1.6 1.8 2.1 0.6 2.2 - 0.7 - 2.6 - 2.0 - l.l - 1.7 0.5 - 1.0 - 1.6 - 0.8 - 2.0 1.6 - 2.0 - 1.1 - 5-7 3.0 1.5 - RETAIL FOOD PRICES FOR DECEMBER 1954 AND NOVEMBER 195* U.S. City Average December 195* (Cents) 54.0 27.4 12.6 17.6 18.6 22.0 17.6 27.2 23.8 92.3 52.7 72.1 40.0 107.9 77.2 71.3 64.1 68.9 5*.l 48.7 39.9 49.6 *3.7 48.3 53.8 38.3 22.3 23.4 29.2 72.2 56.8 13.7 November 195* (Cents) 53.8 27.4 12.6 17.6 18.5 22.0 17.5 27.2 23.8 92.4 53.0 71.8 4o.o 108.4 81.2 71.4 63.7 69.9 54.4 48.8 41.4 51.5 43.4 48.9 53.3 38.* 22.2 23.3 29.4 71.* 56.8 13-7 30.7 18.5 19.4 24.2 30.6 18.4 19.3 24.0 13.5 16.8 48.2 18.5 13.1 17.* 52.5 18.8 December 195* Food and Unit Fresh (continued) Grapefruit * Peaches * Strawberries * Grapes, seedless * Watermelons * Potatoes Sweetpotatoes Onions Carrots Lettuce Celery Cabbage Tomatoes Beans, green Canned Orange juice Peaches Pineapple Fruit cocktail Corn, cream style Peas, green Tomatoes Baby foods Dried Prunes Navy beans OTHER FOODS AT HOME: Vegetable soup Beans with pork Gherkins, sweet Catsup, tomato Coffee Tea Cola drink carton Shortening, hydrogenated Margarine, colored Lard Salad dressing Peanut butter Sugar Corn syrup Grape jelly Chocolate bar Eggs, Grade A, large Gelatin, flavored (Cents) November 195* (Cents) each lb. pt. 23.1 lb. lb. 15 lb. lb. lb. lb. head lb. lb. lb. lb. 4 6 oz. can # 2 ft can #2 ft can #2 ft can #303 #303 #303 can can can 4 ft-5 oz. lb. lb. 11 oz. can 16 oz. can 7 ftoz. 14 in. lb. * lb. of 6, 6 oz. lb. lb. lb. pt. lb 5 lb. 24 oz. 12 o z . 1 oz. <\oz. 3-4 oz. 78.1 12.4 7.7 14.2 14.4 13.5 7.8 29.1 21.8 78.2 11.4 7.6 13.9 17.3 13.5 6.5 24.9 25.1 35.2 32.9 38.7 41.0 17.5 21.4 14.8 9.7 35.7 32.7 38.7 41.0 17.7 21.5 14.7 9.7 32.1 18.2 31.9 17.9 1*.3 14.5 29.2 22.3 105.3 36.1 32.2 35.* 29.3 24.5 35.6 50.4 52.3 23.7 25.9 5.3 53.6 14.3 14.5 29.5 22.2 105.1 35.* 32.4 35.* 29.1 25.3 35.8 49.7 52.3 23.7 25.9 5.2 58.1 8.5 8.5 BRIEF EXPLANATION OF THE CONSUMER PRICE INDEX 7 The Consumer Price Index measures the average change in prices of goods and services customarily purchased "by city wage-earner and clerical-worker families. Index numbers are presented on the base 19^7-^-9 = 100, and show the average increase or decrease in prices from the 19^7-^9 average. For the convenience of users, indexes are also calculated on the base 1935-39 = 100* About 300 items are priced for the index to estimate the average change in prices of a fixed quantity of goods and services from one period to the next. Among these are all the important items that wage and clerical workers buy, and they are selected so that their average price change will be representative of the price changes on all items. Prices are collected in k6 cities which are representative of all cities in the United States. Foods, fuels, rents, and a few other items are priced evex*y month in eacn city. Prices of most other goods and services are obtained every month in the 5 largest cities, every 3 months in 16 other large cities and in 9 medium-sized cities, and every b months in l6 small cities. In each city, prices are reported by representative retail storey and service establishments patronized by wage and clerical worker families. Indexes are calculated for all cities combined (the U.S. city average) and for each of the 20 largest cities. No separate index numbers are calculated for the following 26 medium-sized and small cities which are included in the U.S. average: Anna, Illinois Camden, Arkansas Canton, Ohio Charleston, W. Virginia Evansville, Indiana Garrett, Indiana Glendale, Arizona Grand Forks, N. Dakota Grand Island, Nebraska Huntington, W. Virginia Laconia, New Hampshire Lodi, California Lynchburg, Virginia Madill, Oklahoma Madison, Wisconsin Middlesboro, Kentucky Middletown, Connecticut Newark, Ohio Pulaski, Virginia Ravenna, Ohio Rawlins, Wyoming San Jose, California Sandpoint, Idaho Shawnee, Oklahoma Shenandoah, Iowa Youngstown, Ohio In the calculation, price changes on individual items are weighted by their importance in wage-earner and clerical-worker family spending. City data are combined by weighting with 1950 population data to arrive at the U.S. city average. Comparison of city indexes shows only that prices in one city changed more or less than in another. City indexes do not measure differences in price level between cities. A detailed description of the index containing lists of items priced, their weights, cities included, and an explanation of the index calculation, its uses and limitations, is available in Bureau of Labor Statistics Bulletin No. Il*f0 - "The Consumer Price Index - A Layman's Guide," for sale by the Superintendent of Documents, United States Government Printing Office, Washington 25, D. C. Price 20 cents. A more technical description of the Consumer Price Index is available upon request to the Bureau of Labor Statistics, U. S. Department of Labor, Washington 25, D. Cm Historical series of iildex numbers for the U.S. city average and 20 individual large cities are available upon request. These series include index numbers for All Items, Food, Apparel, and Rent for periods from 1913 to date; and for other groups of goods and services from 19^7 to date.