Full text of CPI Detailed Report : December 1955
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Issued January 20, 1956 U.S. DEPARTMENT OF LABOR Bureau of Labor Statistics Washington 25, D. C. CONSUMER PRICE INDEX FOR DECEMBER 1955 AND YEAR-END SUMMARY Consumer prices in United States cities fell 0.3 percent between November and December 1955, according to the U.S. Department of Labor's Bureau of Labor Statistics. Prices of transportation, food, and housing dropped 0.9> 0.3> and 0.1 percent, respectively. Costs of medical care and personal care each rose 0.3 percent to offset in part the decreases in other portions of urban family living expenses. The December Consumer Price Index was Iliu7 (19U7-U9 percent higher than in December 19$h* 5 3 100), 0.3 FOOD At 109.5, the retail food price index was 0.3 percent lower than in November, 0.8 percent lower than a year earlier, and at its lowest point since December 1950. For the second consecutive month, reduced prices of fresh meats accounted for the bulk of the decrease. Pork prices continued to drop, as weekly marketings of hogs reached their highest point on record, showing a reduction of 5*5 percent from their November level. A 3*1 percent decrease in poultry prices was an important factor, and all other cuts of fresh meat also fell. Other contributing factors were a l.U percent drop in coffee prices and a slight decline in fresh milk. Fresh fruit and vegetable prices increased 2.5 percent between November and December, as most individual items rose, led by Ik to 17 percent increases for lettuce, carrots, and cabbage, with smaller advances for potatoes and green beans. Apple prices rose 5.1 percent and lemons also increased, but prices of bananas and grapefruit fell 3«1 percent and 2.7 percent, respectively. Despite the drop of more than a cent a pound for coffee, a I percent rise in eggs brought the other-food-at-home index * to 113.7* an increase of 0.5 percent over the month. Housing costs edged off slightly (0.1 percent), as a 1.1 percent decrease in prices of housefurnishings was almost completely offset by small increases in residential rents, coal and fuel oil prices, and household operation costs. A major part of this decrease reflects price discounts and concessions allowed during recent months in the purchase of refrigerators, washing machines, cook stoves, and vacuum cleaners. HOUSING OTHER COMMODITIES AND SERVICES The decrease of 0.9 percent in the transportation index was the most important factor in the overall index decline. Prices of the 1956 model new cars fell 2.U percent between November and December, and used car prices declined 3®1 percent. Scattered increases in fees for dental care and in prices of medicines caused the medical care index to rise, while increased prices for men's haircuts led to the advance in the personal care component. Apparel prices averaged unchanged. YEAR-END SUMMARY During 1955 the index fluctuated within the range of llli*2 and 115 »0, displaying its greatest stability since monthly pricing of all items was initiated in 19U0. This overall stability, however, concealed divergent trends in the two main pricing elements. In broad terms, service items increased in cost, while commodities, especially foods, declined on the average. 2 The 1955 average was lliw5j 0.3 percent lower than the average for 195U, primarily because the index was lower during the first six months of 1955 than the corresponding period in 195U* Beginning in September, the index was higher each month than in the corresponding month of 195b, finishing the year 0.3 percent (0.U index points) higher in December 1955 than in December 195U« Food was the only major consumption group which decreased over the year (December 195U-December 1955)* 0.3 percent. Food purchased for home consumption declined 1.2 percent. The meats, poultry, and fish component was responsible for the decrease in the food index, falling 7*U percent. At 9U#6 in December 1955* this was the only index subgroup substantially below its 19ii7~U9 average. Prices of all types of fresh meat dropped, but a decrease of more than 15 percent in prices of pork products was largely responsible, as hog marketings were heavy throughout the year. Poultry prices, which had fallen nearly 25 percent over the preceding two-year period, rose an average of about 1 percent in 1955 • The other important food subgroup indexes rose moderately, led by a 2.1 percent increase in the fruits and vegetables index. Egg prices rose 28.3 percent, following their marked decline during 195Uj contrariwise, coffee prices declined 12.9 percent, despite the temporary advance occasioned by the early autumn reports of crop damage, continuing the reaction from the large 195U increases. Restaurant meal prices were up 1.5 percent. Housing costs edged up 1 percent over the year, as residential rents increased 1.3 percent, household operation (heavily dominated by service elements) rose 2.5 percent, coal and fuel oil advanced 2 percent, and the gas and electricity subgroup was up 2.2 percent. These gains were offset in part by a decline of almost 2 percent in the housefurnishings index, reflecting reduced retail prices as a number of manufacturers abandoned or relaxed efforts to obtain conformity with fair trade laws. The apparel index rose 0.U percent, featured by a 2.5 percent advance in prices of footwear, reflecting increases at the manufacturing level. The other apparel subgroups rose slightly} even so, womenfs and girls1 apparel averaged slightly lower than in the 19U7-19U9 base period. Although the transportation index ended the year at exactly its December 195U level, it proved the most volatile index group during 1955* Between March and April the group fell 1.6 percent as both new and used car prices dropped. With the introduction of the 1956 models, the group index rose 1 percent between September and October and an additional 1.5 percent in the next month. Prices of the new cars rose more than 12 percent from September to November, but dropped to their 195U year-end level in December. Used car prices continued their 3-year decline, and at yearfs end were about 30 percent below their January 1953 level and more than 7 percent lower than the prices of cars of comparable ages at the end of 195U» The large changes in automobile prices tended to obscure higher costs of public transportation, which increased nearly every month. The medical care and personal care groups reflected persistent advances in price as service elements in the economy continued their efforts to catch up with earlier increases in commodity prices. Medical care costs rose every month during the year, for a cumulative increase of 3«1 percent, led by higher hospital costs, as fees for professional services and prices of medicines also advanced. Advances in prices of menfs haircuts, which occurred in more than half of the U6 cities, accounted for most of the 3#8 percent increase in personal care costs. The indexes for the reading and recreation group and the other goods and services component rose 0.2 and 0.6 percent, respectively. TABLE 1. 3 CONSUMER PRICE INDEX — U.S. CITY AVERAGE ALL ITEMS AND COMMODITY GROUPS Indexes and Percent Changes for Selected Dates December 1955 November 1955 October 1955 December 195U June 1950 Group This Month Last Month 2 Months Ago Last Year Pre-Korea Year 1939 PreWorld War II INDEXES (1947-49 = 1 0 0 ) ALL ITEMS 11U.7 115.0 114.9 114.3 101.3 59.4 FOOD 1/ 109.5 109.8 110.8 110.1 100.5 47.1 107.9 123.9 94.6 107.7 IK.7 113.7 108.2 123.9 97.1 107.8 109.0 lljt.l 109.U 123.9 100.9 107.5 108.5 113.9 109.2 123.3 102.2 106.8 108.1 112.0 100.5 102.7 106.1 92.3 102.5 94.1 47.1 57.2 41.6 49.8 46.3 48,4 120.8 120.9 120.8 119.7 104.9 76.1 131.1 111.5 125.0 103.h 120.7 130.9 111.5 126.7 10U.5 120.5 130.8 111.2 126.3 104.4 120.1 129.4 109.1 125.5 1C5. l i 117.7 108.7 102.7 107.6 97.4 99.6 86.6 104.9 56.4 53.4 68.4 101.7 10U.7 10U.6 104.3 96.5 52.5 106.1 99.1 119.8 91.1 106.0 99.3 119.2 91.0 1C6.0 99.5 ne.u 91.0 106.5 99.0 116.9 91.1 98.1 93.3 102.1 88.4 127.3 130.2 117.9 106.8 120.6 128.5 129.8 117.5 106.8 120.6 126.6 128.7 117.0 106.7 120.6 127.3 126.3 113.6 106.6 119.9 109.9 105.4 99.2 102.5 103.7 Food at home . . . . . . . . . . Cereals and bakery products . . Meats, poultry and fish . . . . Dairy products Solid fuels and fuel oil . . . . APPAREL Footwear . . TRANSPORTATION MEDICAL CARE PERSONAL CARE READING AND RECREATION OTHER GOODS AND SERVICES jJ . . . . V V y, y 68.9 72.6 59.6 63.0 70.6 PERCENT CHANGS TO DECEMBER 1955 raOMi November 1955 October 1955 - 0.3 . . . . . . 0.2 - 0.3 Food at home - 1.2 - - 0.3 0 - 2.6 - 0.1 1.6 0.5 0.2 0 1.0 - 1.1 0.2 PERSONAL CARE OTHER GOODS AND SERVICES y 2/ 3/ 4/ - 0.9 0.3 0.3 0 0 93.1 o.e 9.0 132.5 - 1.2 0.5 - 7.4 0.8 2.1 1.5 7.4 20.6 -10.8 16.7 8.0 20.8 129.1 116.6 127 .U 116.3 139.1 13U.9 0.9 15.2 58.7 0.2 0.3 1.3 - 1.0 0.5 1.3 2.2 2.0 - 1.9 2.5 20.6 8.6 19.0 6.2 21.2 51.4 6.3 127.0 93.6 76.5 0.1 o.U 8.5 99.U 0.1 0.4 1.2 0.1 - o.U 0.1 2.5 0 8.2 6.2 17.3 3.1 H £ V 5' 0.6 1.2 0.8 0.1 0 0 3.1 3.3 0.2 0.6 15.8 23.5 18.9 4.2 16.3 8U.9 79.3 97.8 69.5 70.8 1.4 0 - 6.2 0.2 2.0 - 0.2 0 - - Includes restaurant meals not shown separately. Includes home purchase and other home-owner costs not shovn separately. Includes tobacco, alcoholic beverages, and "miscellaneous services"(such as legal services, banking fees, burial services, etc.). Not available. Year 1939 12.7 0 0.1 - 0.2 0.5 0.1 June 1953 0.3 - 0.1 TRANSPORTATION December 1954 k TABLE 2. CONSUMER PRICE INDEX — ALL ITEMS INDEXES FOR SELECTED DATES U.S. CITY AVERAGE AKD 20 LARGE CITIES (1935-39=100) ( 1 9 ^ 7 - ^ 9 = 1 0 0 ) City December 1955 December 195U 11U.7 U.S. CITY AVERAGE November 1955 115.0 llli.3 118.5 116.7 116.3 112.0 llU.8 119.1 116.8 116.3 112.5 ll5.n 117.0 116.2 115.3 112.2 115.6 June 1950 Year 1939 December 1955 101.8 59.^ 191.8 102.8 102.8 101.3 100.9 101.6 58.6 59.0 60.U 201.8 197.0 19U.3 185.a 191.0 1/ CITIES HtfCED MONTHLY: Chicago Detroit • . . . . New York Philadelphia December 1955 September 1955 December 195U 117.1 115.9 11U.2 116.1 115.9 117.2 115.5 113.7 116.5 115.6 115.7 11U.B 113.3 115.1* 115.7 CITIES PRICED IN FEBRUARY, MAY, AUGUST, NOVEMBER 2/ November 1955 August 1955 Washington, D. C. 116.2 116.7 110.9 1 1 7 . It 113.7 CITIES PRICED IN MARCH, JUNE, SEPTEMBER, DECEMBER 2/ • • • • • • • • CITIES PRICED IN JANUARY, APRIL, JULY, OCTOBER 2/ 116.0 115.5 111.5 116.6 113.6 October 1955 115.3 116.7 112.3 115.7 113.5 July 1955 11U.5 116.2 116.U 113.fi 116.2 1J 2/ 37 ?/ November 195U October 195U 113.5 115.7 116.9 11U.3 115.2 113.fi 115.9 117.5 11U.0 lia.7 60.1 59.2 June 1950 U/ 1 0 1 . 3 101.6 101.2 101.1 100.9 December 1955 198.6 199.1 192.3 193.fi 198.1 58.3 57.9 58.U 59.3 58.6 May 1950 1D0.U 103.5 100.2 102 oO 101.6 November 195*5 59.2 59.5 58.5 59.2 60.U 198.0 197.6 18U.3 200.6 186.7 April 1950 101.2 101.li 3/ 102.1 99.9 101.5 October 1955 61.0 61.7 60.7 58.1 58.3 181.3 187.1 192.8 193.5 201.3 These are the same Indexes shown in column 1, converted to a base of 1935-39 = 100. Foods, fuels, rents, and a few other items priced monthly; other commodities and services priced quarterly. June 1950j formerly priced March, Juae, September, December. May 1950} formerly priced February, May, August, November. TABLE 3. All Items . . . . . . . . Housing - 0.3 - 0.1 - U.S. CITY AVERAGE Food - 0.3 City Chicago Detroit Loe Angeles New- York Philadelphia CONSUMER PRICE INDEX — PERCENT CHANGES FROM NOVEMBER 1955 TO DECEMBER 1955 U.S. City Average and Five Cities Priced Monthly All Items and Commodity Groups - 0.2 - o.U - 0.2 0.6 - 1.1 - 0.7 - 0.8 - 0.2 - 0.2 0.1 - 0.1 0.5 - 0.1 0 - o.U Apparel 0 - 0.7 0.2 0.2 0.1 - 0.3 Transportation Medical Care Personal Care - 0.9 0.3 0.3 - 1.5 0.2 - 0.7 - 1.2 - 0.9 0 0 0.6 0 0.5 0 0.2 - 0.1 0.2 6.3 Reading and Recreation Other Goods 8 c Services 0 0 0 - 0.3 - 0.1 - o.U o.U - 0.1 0 0 - 0.1 0.2 5 TABLE k. CONSUMER PRICE INDEX — ALL ITEMS AND COMMODITY GROUPS December 1955 Indexes and Percent Changes, September 1955 to December 1955 U.S. City Average and 10 Cities Priced in December 1955 U.S. 1 BaltiCincinLos * New CITY AVERAGE Atlanta more Chicagc nati )etroit Angeles| York Group Philadelphia St. Louis San Francisco December 1955 Indexes (191*7-1*9 • 100) 11U.7 118.5 11U.2 116.7 116.3 112.0 11U8 116.1 115.9 108.3 110.U 107.6 110.1 111.5 112.1 108.7 110.6 110.2 112.5 106.1* 116.3 96.8 108.5 110.6 106.9/ 107.8 121.3 95.7 108.9 107.9 113.2 105.6 119.5 88.8 107.1 110.9 119.7 108.7 123.6 9U.1 110.0 110.8 119.0 109.9 118.9 93.6 105.5 12l*.l* 111.8 109.0 128.0 96.0 103.0 115.6 112.6 106.9 128.6 97.1* 105.3 101.7 11U.6 109.0 123.2 96.1 112.8 109.2 113.1 107.9 119.0 91.7 100.9 118.9 121.9 111.3 130.8 101.2 105.3 118.1 112.0 120.8 • 115.8 107.9 123.9 9U.6 107.7 110.7 113.7 Cereals and bakery products Meats, poultry and fish Dairy products Fruits and vegetables Other foods at home 117.1 109.5 ALL ITEMS 127.3 119.C 131.2 119.8 122.5 126.7 116.6 llluO 111*. 3 116.2 121.1: 1C6.8 103.5 lll*.0 125.1 109.9 129.7 10) J. 2 3 3 9.5 122.5 117.3 101.8 126.9 105.6 117.1 138.1 103.8 133.7 136.3 102.5 125.3 103.7 110.5 131.1 111.* 128.0 103.U 120.7 119.6 123.3 106.2 131.6 99.9 127.9 96.2 13U.7 110.5 131.8 105.2 l?li.5 3 33.3 119.3 135.0 98.0 129.0 10),.7 11C. 2 1C2.U 1C8.C- 103.9 101.8 lOh.U 101.3 105.7 103.7 1014.1* IO^.I 90.1 11°.8 91.) 111.3 iol«.5 127.5 °i.3 101.U 96.2 llf.7 112. h 99.5 12S.1 91.8 103.2 96.5 127.6 87.9 107.5 93.3 115.3 87.0 1C8.3 97.2 121.1 83.2 106.C 98.2 119.3 91*.2 103.2 10U.8 113.0 92.2 106.3 96.1 121.3 95.1* 105.1 99.6 121.5 88.7 TRANSPORTATION MEDICAL CAKE 127.3 130.2 135.3 136.5 113.1: 125.2 137.3 126.7 108.5 12U.0 126.3 125.2 118.1 96.2 116.2 129.5 126.5 111.2 ICU.O 121.0 13li.3 136.2 12l4.il 112.3 125.2 133.6 11*0.1 106.8 12C.6 131.3 13i.9 121.9 11U.6 117.5 122.5 137.3 116.8 READING AND RECREATION OTHER GOODS AND SERVICES 1?L.L 128.6 121.C 109 08 125.0 91. h 117.2 11*0.7 125.7 110.7 105. 2 117. h Gas and electricity . Solid fuels and fuel oil Hou6efurnishings . • Household operation . Women's and girls' .... Other apparel 91.2 116 .U 123.3 98.S 116.3 Perccnt Change — ii»i.e lie.6 September 1955 to December 1955 0.I4 Food at home Meats, poultry and fish Dairy products Fruits and vegetables . . . . . . . - 2.3 - 0.1 - 8.6 1.1 0.5 - o.l0.3 - 3.0 - 2.9 - 0.8 - 0.5 - 9.6 - e.c 0.2 - 0.1 - 2.0 - 2.8 0.6 - O.li i.e 1.0 0.? Solid fuels and fuel oil Housefurnishings Household operation ' . . . . . 0.3 2.2 - 0.2 0.8 READING AND RECREATION 1/ Change from June 1955 to December 1955. U.3 0 0.3 - - 0.3 0.1 0.3 APPAREL Men's and boys' . . . . . Women's and girls' . . . 0.2 0 0 1.2 O.li - o.l o.5 1.h 0.1 - 0.7 0 1.6 1.6 1.1 0.] 0 2.0 0.8 1.2 o.l* 0 o.h - 0.9 - O.l; 0.8 2.1 - 0.2 i.h 3.6 0.5 0 - 0.3 - 3.0 0.2 - 2.3 - O.h -1C.2 1.0 - 0.7 - 0.1 -10.3 3.7 0.8 0.3 0.2 1.2 0.2 - 0.5 - 0.3 - 0.3 0.3 0 0.3 - 2.9 - 2.8 - 3.1 - O.l* - 2.0 - 0.3 - 8.5 0 5.2 - 1.8 0.3 0.3 6.2 0 7.1 0.3 - 3.6 0.2 7.2 0.6 5.0 2.0 - 3.5 0.9 - 9.8 3.6 - 5.5 - 1.0 - 3.3 - 0.1 -10.9 0 - 0.5 - 0.6 0 - 5.8 0.5 6.1 - 0.3 - 0.5 1.1 - 0.2 1.2 0.8 1/ 1.5 0 l.li - 0.7 1.5 1/ 1.2 0 - 0.2 - 0.5 1/ 0.9 0 - 0.3 - 1.2 0.2 3.0 1.0 0 - 0.5 7.5 1.5 2.7 - 0.3 - 0.2 0.1 - 0.2 - 0.2 0.3 0.5 0.3 1.7 0 0.2 - 1.5 3.7 - 0.? 0.5 - 1.0 0.7 - 0.1 0 o.li 1.6 0.1 - 0.2 - 0.7 0.6 - 0.1 0 - 0.9 1.3 0.2 - 0.3 0.7 1.7 7.5 0.8 - 0.7 3.1 3.5 o.l - 0.7 - 0.3 2.5 0.7 2.1 0.2 0.5 - 1.0 - 0.1 3.7 0.6 6.7 O.lj 1.5 2.0 0.1 0.3 - 0.3 1.7 0.2 1.2 0 0.6 0.1 O.h 1.5 0 0.5 1*.2 0.2 0.2 0.6 0.3 1.7 - 0.6 0.2 l*.l 2.3 - 1.3 0.3 - 0.6 0.9 0 o.h - 0.1 0.1 0.3 0 - - o.U 0.1 0.3 - 0.1 0 0.1 - 1.1 0.1 6 TABLE 5. CONSUMER PRICE INDEX — FOOD AND ITS SUBGROUPS December 1955 Indexes and Percent Changes, November 1955 to December 1955 U. S. City Average and 20 Large Cities (19^7-^9 = . 100) = Total Food at Home Percent Index Change Total Food City Index Percent Change U.S. CITY AVERAGE . . 109.* - 0.3 107.9 Atlanta • Baltimore • • • • • • Boston 1 Chicago • • • • • • • 1 Cincinnati Cleveland Detroit Houston Kansas City Los Angeles ! 108.3 110. U 0.2 0.1 IO6.I4 108. U - 0.7 107.6 - Minneapolis New York Philadelphia ... Pittsburgh Portland, Ore. . . St. Louis San Francisco . . . Scranton ..... Seattle Washington, D.C. . 110.U 107.1 111.5 107.7 105.7 112.1 0.2 0.1 - 0.3 - o.U 111.7 0 9U.6 - 2.6 107.7 0.1 110.7 1.6 113*7 0.1 96.8 107.8 - 0.3 110.6 108.9 0 1.0 121.3 122.1 106.9 113.2 0.2 105.6 0.3 0.3 119.5 123.6 - 3.3 2.8 110.9 110.8 - 0.3 119.2 2.5 1.7 l.U 107.1 - 11U.3 107.1 110.0 107.9 102.1 3.3 1.0 - 2.3 1.5 1.6 108.5 106.0 - - 2.0 - 0.5 10U.9 116.8 - 0.2 0.2 93.6 - 2.5 - 0.2 - 3.3 2.9 1.9 1.1 120.3 128.0 91.9 87.9 96.0 105.5 109.9 10U.7 12U.U 112.0 l.U 118.9 117.6 108.3 125.14 128.6 - 0.1 - 0.1 92.0 - 108.7 105.3 109.9 o.U 0.2 0.6 - 106.3 103.7 109.0 110.8 0.3 0.2 106.9 109.0 109.3 112.1 - o.5 o.e - 1.2 . 105.9 111.6 0.5 109.7 - 0.6 0.6 0.7 112.5 0.1 0.6 - 0.2 - l.U 1.0 108.3 110.7 - 0.6 1.0 107.9 - 0.9 119.0 130.8 111.3 105.1 o.5 0 110.6 107.6 0.6 0.2 - CEREALS AND BAKERY FRGDUCTS: 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 1 / lb. Frying chickens, ready-to-cook lb. Ocean perch, fillet, frozen lb. Haddock, fillet, frozen 16 oz. Salmon, pink, canned oz. Tuna fish, canned DAIRY PRODUCTS: qt. Milk, fresh, (grocery) qt. Milk, fresh, (delivered) pt. Ice cream lb. Butter lb. Cheese, American process Milk, evaporated & oz. can FRUITS AND VEGETABLES: Frozen Strawberries 10 oz. 6 oz. Orange juice concentrate 1C oz. Peas, green 10 oz. Beans, green Fresh lb. Apples lb. Bananas doz. Oranges, size 200 lb. Lemons 0.2 0.1 O.I4 95.7 93.7 88.8 0.2 0.1 9U.1 91.6 0.1 123.2 0.3 0 o.U - 0.1 0.1 119.0 0.2 127.8 121.6 0.3 0.1 - 97.U 96.1 - 1.6 1.9 2.1 - 2.5 1.5 0.2 0.I4 0 0.2 0.2 0.1 107.5 103.0 110.7 105.3 112.8 92.7 - 97.0 - 2.5 - U.3 1.6 100.9 - 1.6 - 3.6 0.1 - 1.9 92.7 95.9 92.6 - 1.7 105.3 107.7 110.9 112.9 1955 (Cents) (Cents) 5 3 .U 27.1 12.6 53 .U 27.1 12.6 17.U 17.5 19.3 22.0 19.3 22.0 17.8 17.8 27.0 23.8 87.1 U7.7 26.9 23.7 88.1 U8.6 38.8 68.7 39.0 108.9 109.0 68.2 67.2 73.2 57.5 55.7 66.2 60.9 56.9 67.2 52.U U2.0 52.9 U2.U U9.7 51.2 U2.5 U6.0 U2.U 22.U 23.9 11U.8 3.5 112.6 l.U 119.8 2.1 123.0 2.3 1.1 o.U 11U.6 1.3 0 105.U 0 117.3 118.9 118.1 102.2 120.1 106.3 November 1955 58.7 35.2 119.7 119.0 3.9 101.7 109.2 0.3 - 0.1 0.2 0.9 0.1 • 0.9 0.2 - 0.7 0.3 1.0 0.3 - 0.6 0.8 1.0 115.6 0.2 109.5 - 0.5 111.1 107.2 0 108.5 91.7 101.2 1.8 - - 113.1 - - 0.1 5.2 122. U 115.U 1.2 121.9 2.5 112.0 2.2 6.2 0.6 111.1 112.0 11U.1 o.U 2.U o.U 1.9 - 0.1 1.7 0.5 RETAIL FOOD PRICES FOR DECEMBER 1955 AND NOVEMBER 1955 U.S. City Average December Food and Unit - 125.0 1214.6 TABLE 6o * Priced only in season. 1/ Discontinued. Percent Change 116.3 110.2 . . Index Other Foods at Home Percent Index Change 123.9 1.1 . Fruits A Vegetables 0.3 - 108.7 110.6 Dairy Products Percent Index Change 0.2 0.6 - . Meats, Poultry & Fish Percent Index Change - 0.1 - Cereals & Bakery Products Percent Index Change U5.5 58.U 35.3 28.8 22.U 23.9 28.8 71.1 71.0 57.7 13.8 57.8 13.7 30.6 30.7 18.9 18.9 21.U 23.8 21.U 23.8 12.8 12.2 16.U 53.6 19.0 16.9 53.6 18.0 December 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 Beans OTHER FOODS AT HOME: Vegetable soup Beans with pork Pickles, sweet Catsup, tomato Coffee Tea bags 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 1955 each lb. (Cents) 10.3 November 1955 (Cents) 10.6 pt. 18.6 lb. lb. 10 lb. lb. U7.8 U7.1 ll.U 10.9 8.2 lb. 8.U lb. 17.1 1U.9 head lb. lb. lb. lb. 17.1 1U.6 35.0 1U.8 8.0 27.8 46 oz. can #2 i can can #2 #303 can 35.2 35.0 35.U 3U.9 33.U 26.6 #303 can #303 can 17.7 21.6 #303 can 4 h-5 oz. 15.3 9.7 33.3 26.6 17.6 21.6 15.2 lb. 35.0 lb. 17.1 3U.9 17.U 11 oz. can 16 oz. can 7 i oz. 1U.2 1U.1 1U.8 1U.8 27.3 23.0 27.3 22.9 93.0 14 Oz. lb. pkg. of 16 9.U 27.6 21.8 91.6 21.U 9.7 2U.2 2U.2 3 6 oz. 3 lb. 32.U 32. U 88.7 lb. 28.5 88.9 28.8 lb. 19.7 pt. 35.2 5b.9 52.U 23.6 lb 5 lb. 24 oz. 12 oz. 1 oz. doz. 3-4 oz. 26.3 U.6 69.0 8.6 19.9 35.2 55.2 52.3 23.7 26.2 U.7 66.U 8.6 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 axe 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 4 months in 16 small cities. In each city, prices are reported by representative retail stores 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 axe calculated for the following 26 medium-sized and small cities which axe included in the U.S. averages 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 I<ynchburg, 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. 11^-0 - "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 upqn request to the Bureau of Labor Statistics, U. S. Department of Labor, Washington 25, D. C. Historical series of index numbers for the U.S. city average and 80 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.