Full text of CPI Detailed Report : July 1967
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price index i U.S. DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS CONSUMER PRICE INDEXES: COMMODITIES AND SERVICES '(Seasonally Adjusted) 1957-59 = 100 140 1957-59=100 140 RELATIVE 135 IMPORTANCE ALL ITEMS INDEX (as of Dec. ALL SERVICES. 130 FOOD 125 135 1966) _ 34 97% _ 130 22 94% NONDURABLES LESS FOOD 24 45% DURABLE COMMODITIES 17 64% 125 ^B 120 120 ' f OOD* ALL SERVICES- 115 115 -ALL ITE MS 110 110 NONDU RABIES .ESS FOO D # 105 105 V D U R A I LES* 100 100 95 95 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS Latest Data: JULY 1967 Released August 25, 1967 U.S. DEPARTMENT OF LABOR Bureau of Labor Statistics Washington, D. C. 20212 CONSUMER PRICE INDEX FOR JULY 1967 The Consumer Price Index rose by 0.4 percent in July, to 116.5 (1957-59=100), the largest monthly advance since October 1966. As in June, the increase was largely the result of higher prices for food and consumer services. In spite of its recent advance, the index has risen less so far this year than in the first 7 months of 1966--1.6 percent compared with 2.1 percent. The index stood 2.8 percent above a year earlier in July, showing the same advance as in the July 1965 to July 1966 period. A 4.3 percent rise in charges for services accounted for more than half the increase. Food Food prices rose by 0.8 percent in July, less than seasonal, but still enough to raise the food index to a new record level of 116.0 (1957-59=100). (The previous peak was 115.8 in August 1966.) Sharply higher prices for fresh fruits and vegetables (up 6 percent) accounted for nearly three-fifths of the increase. Fresh fruit prices were up by 7-1/2 percent, mainly because of seasonally low supplies resulting from a delay in the California grape crop and dwindling storage stocks of apples. Apple prices rose seasonally, but grapefruit prices climbed almost 10 percent on a seasonally adjusted basis. Watermelon prices declined less than seasonally even though the harvest reached its peak. Over the year, fresh fruit prices were up only one-half of 1 percent, as lower prices of citrus fruits resulting from last year's bumper crops almost offset higher prices for other fruits, especially grapes which were more than 20 percent higher than in July 1966. The 1967 California grape crop is estimated at 12 percent below 1966 levels. Fresh vegetable prices rose almost 5 percent in July in response to limited supplies of most vegetables caused by adverse spring weather and reduced summer acreage. Tomato prices advanced 15 percent and lettuce prices 7 percent because shipments of these vegetables were off from the previous month by 60 percent and 15 percent, respectively. Significant price increases also affected celery and potatoes. Compared with July 1966, fresh vegetable prices averaged 8-1/2 percent higher, largely because of increases of 47 percent for lettuce and 15 percent for tomatoes, reflecting sharply lower production. Despite an 8 percent rise in production, poultry prices advanced by 3.6 percent in July, back to about their February level. The greater than seasonal July advance was attributed to strong demand, partly seasonal and partly in response to higher beef and pork prices. However, poultry prices in July still were more than 7 percent below July 1966 levels. Beef and pork prices, which are normally major factors in the July food price rise, advanced considerably less than usual. Production and cold storage holdings from the large spring slaughter were reduced in June, but were still ample, while the normally small summer marketings were larger than usual. These factors coupled with a shift in consumer buying to lower cost meats, chicken, and fish, have tended to ease the upward price pressures. Pork prices were 4-1/2 percent lower than a year ago, with cold storage holdings up by 36 percent. Beef prices have risen by 1 percent during the past year despite larger supplies. Egg prices, which had declined during the previous three months, advanced less than usual in July following the largest June egg production on record. Heavy demand from commercial processors appears to have strengthened egg prices0 Since July 1966 egg prices have declined by 15.7 percent, largely because of a 5 percent increase in the laying flocke Services Charges for consumer services averaged 0.4 percent higher in July. Interest rates on conventional mortgages bounced back almost to their December 1966 levels, in spite of improved availability of mortgage funds. During the past year mortgage interest rates have been an important factor in the increase in service costs. Medical care service charges advanced again in July, with professional medical fees and hospital charges continuing to rise at the rapid rates experienced since early 1966. Hotel and motel rates rose seasonally, and rents continued their steady climb. Water and sewer rates and local transit fares were raised in several cities. Durable Goods Much of the rise of 0.3 percent in prices of durable goods resulted from an advance of 2 percent in used car prices. This increase is considerably greater than is usual for July but is lower than the sharp price jumps in April and May. The diminishing supply of late-model used cars in relation to the continued strong demand is apparently the primary factor in these increases. New car prices, which usually show a decline in July, increased slightly, apparently buoyed up by the small number of 1967 models remaining, relative to the anticipated heavy end-of-year demand. Prices of household durables firmed noticeably in July. Furniture prices rose by 0.2 percent to a level 3-1/2 percent above a year ago. Prices of floor coverings and appliances rose slightly in July, but were at the same levels as a year earlier. Nondurable goods other than food Summer sales sent apparel prices down but not as much as is normal for July. Women's and girls' apparel prices declined more than seasonally as bathing suits, cotton slacks, skirts, and blouses were reduced for clearance. Men's sportswear and tropical and year-round suits were also marked down for special sales, but there were increases for boys' clothing and other year-round apparel. Prices of household textiles were reduced for traditional "white sales." Tobacco prices rose by 1.2 percent as the recent manufacturers' price increases were passed on to the consumer. Gasoline prices, which usually increase in July as summer travel reaches its peak, fell again because some major cities experienced gasoline price wars. Cost-of-Living Adjustments Approximately 335,000 workers are scheduled to receive increases in their costof-living allowances, based on changes in the national Consumer Price Index or individual city indexes through July. About 265,000, mostly in automobile, automotive parts, farm and construction equipment, and aerospace industries will receive a 3-cent increase because of the rise in the national index since April. Other increases will range from 1 cent to 5 cents, also based on changes since April in city or national indexes. TABLE 1: Consumer Price Index—United States City Average For Urban Wage Earners and Clerical Workers Major group, subgroup,.and special group indexes, July 1967 and percent changes from selected dates xes (1957-59=100) Group Unadlusted Seasonally adjusted Unadlusted Seasonally adjusted 116.5 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 116.0 113.3 118.2 112.3 116.4 124.4 100.2 129.7 Housing Shelter 1/ Rent Homeownership 2/ Fuel and utilities 3/ Fuel oil and coal 4/ Gas and electricity Household furnishings and operation - 114.5 118.1 112.4 120.5 108.9 111.4 108.3 108.2 Apparel and upkeep J)/ Men's and boys' Women's and girls' Footwear 113.7 113.9 109.2 125.4 114.2 114.4 109.7 125.8 113.9 114.1 109.7 125.4 Transportation Private Public 116.2 114.1 132.7 116.0 113.9 115.7 113.7 132.2 115.0 112.1 112.2 117.0 116.2 101.0 115.1 112.3 118.3 111.6 116.3 119.9 100.0 129.1 114.1 117.7 112.2 119.9 108.6 110.5 108.2 108.1 Unadjusted Percent change to July 1967 from — April 1967 July 1966 Unad- Seasonally adjusted unadjusted justed Seasonally adjusted 113.3 116.0 All items July 1966 unadjusted 115.3 112.6 .1 .6 .1 3.8 .2 .5 111.3 114.4 110.3 116.2 107.9 107.0 108.1 105.1 .4 .3 .2 .5 .3 .8 .1 .1 113.9 114.2 109.8 125.3 109.2 109.6 104.6 119.8 115.9 113.8 113.1 117.4 115.1 101.6 1.0 1.1 0.3 .4 114.3 112.7 114.8 114.3 111.0 121.5 102.1 123.5 .3 1.0 .6 .3 3.0 .6 8.9 1.2 1.1 2.0 .6 3.7 .9 1.5 .5 3.0 1.7 4.9 2.4 1.9 5.0 2.9 3.2 1.9 3.7 .9 4.1 .2 2.9 .5 1.2 1.0 .4 1.3 .1 .4 .1 .5 .2 .2 .5 0 .3 .2 .1 .4 .6 .4 .7 .4 1.0 .7 .9 4.1 3.9 4.4 4.7 113.5 111.5 129.1 .4 .4 .4 .1 .1 1.0 .8 1.6 .6 .4 2.4 2.3 2.8 115.5 119.8 117.8 123.2 136.3 115.3 119.7 116.9 119.1 127.7 112.5 117.2 115.3 .3 .4 .2 .1 .8 All items less shelter All items less food 116.1 116.8 115.6 116.5 113 .1 113 .2 .4 .3 Commodities 7/ Nondurables Durables 7/ 8/ Services 9/ 111.5 114.3 104.4 127.9 111.3 113.8 104.4 111.0 113.8 104.1 127.4 111.1 113.9 104.1 109 .3 111 .8 103 .0 122 .6 .5 .4 .3 .4 .2 .1 .3 1.2 1.2 1.0 1.0 .9 .6 1.0 2.0 2.2 1.4 4.3 Commodities less food ]_/ Nondurables less food Apparel commodities Apparel commodities less footwear Nondurables less food and apparel New cars Used cars Household durables 10/ Housefurnishings 109.1 112.8 112.6 110.0 113.0 97.0 124.8 98.1 100.8 109.2 113.0 113.2 110.4 108.9 112.7 112.8 110.3 112.7 96.8 122.4 98.0 100.7 108.9 112.8 112.9 110.4 106 .7 109 .7 108 .1 105 .8 110 .6 96 .7 120.3 96 .9 98 .8 .2 .1 .2 .3 .3 #2 2.0 .1 .1 .3 .2 .3 0 .6 .4 .6 .5 .3 0 5.1 .1 .2 .7 .4 1.0 .7 2.2 2.8 4.2 4.0 2.2 .3 3.7 1.2 2.0 Services less rent 9J Household services less rent Transportation services Medical care services Other services 11/ 131.4 127.4 128.3 146.0 131.6 130.8 126.7 128.1 145.2 131.3 125 .5 122 .1 125 .0 133 .9 126 .7 .5 .6 .2 .6 .2 All items index on other bases: 1947-49=100 1939=100 142.9 240.6 142.3 239.5 139 .0 234 .0 $0,858 .700 .416 $0,862 .703 .418 $0,883 .719 .427 Health and recreation Medical care Personal care Reading and recreation Other goods and services 6J 109.3 113.7 108.8 112.4 .6 3.1 3.8 7.2 2.7 2.2 2.2 1.3 .5 .3 1.0 Special Rroups: Purchasing power of the consumer dollar: 1957-59=$1.00 1947-49=$1.00 1939=$1.00 1/ 2J 3/ 4/ 5/ ~b_l ]_/ 8/ 9/ 10/ 11/ 97.9 122.8 97.2 120.9 2.7 3.2 .7 1.6 1.1 1.1 .5 1.7 1.0 Also includes hotel and motel rates not shown separately. Includes home purchase, mortgage interest, taxes, insurance, and maintenance and repairs. Also includes telephone, water, and sewerage service not shown separately. Called "Solid and petroleum fuels" prior to 1964. Also includes infants' wear, sewing materials, jewelry, and apparel upkeep services not shown separately. Includes tobacco, alcoholic beverages, and funeral, legal, and bank service charges. Includes home purchase costs which were classified under services prior to 1 9 6 4 . Also includes auto parts, toys, and recreational goods not shown separately. Excludes home purchase costs which were classified under this heading prior to 1 9 6 4 . Called "Durables less cars" prior to 1964. Includes the services components of apparel, personal care, reading and recreation, and other goods and services. 1.1 2.8 4.7 4.3 2.6 9.0 3.9 TABLE 2. Consumer Price Index—Ike United States and Selected Areas For Urban Wage Earners and Clerical Workers, All Items Most recent index and peTcesnt changes from selected dates Indexes Area 1/ Pricing Schedule 2/ U.S. City Average Chicago Detroit Los Angeles-Long Beach New York Philadelphia Boston Houston Minneapolis-St. Paul Pittsburgh M M M M M 1957-59=100 1947-49=100 Other bases April 1967 116.5 142.9 1.0 2.8 113.9 115.1 117.7 119.1 116.7 143.6 141.9 146.8 143.5 143.3 1.5 .4 1.2 3.1 3.4 2.3 2.4 2.6 120.0 114.3 115.7 115.0 July 1967 April 1967 148.7 140.8 143.1 141.7 1.0 .6 1.3 .7 February 1967 109.5 111.8 138.9 112.2 141.5 116.8 115.7 146.8 139.3 107.5 104.1 June 1967 Atlanta Baltimore Cincinnati Honolulu (Dec.1963=100) Kansas City St. Louis San Francisco-Oakland — July 1966 July 1967 May 1967 Buffalo (Nov.1963=100) Cleveland Dallas (Nov.1963=100) — Milwaukee San Diego (Feb.1965=100) Seattle Washington Percent change from: 114.8 115.7 113.1 142.1 143.6 137.6 117.4 116.5 118.4 145.2 144.6 150.2 107.9 July 1966 2.5 2.4 3.3 2.0 May 1966 0.9 .3 .5 .7 .4 .8 .5 2.7 1.9 2.8 1.9 2.5 2.7 2.6 March 1967 June 1966 0.7 .8 1.3 1.1 .4 .9 1.1 3.3 2.0 2.6 3.2 2.6 2.8 _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 are used. Area definitions are those established for the 1960 Census and do not include revisions made since 1960. 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, July, and October. 2 - February, May, August, and November. 3 - March, June, September, and December. TABLE 3: Consumer Price Index—The United States and Selected Areas 1/ For Urban Wage Earners and Clerical Workers, Major Groups Percent change from June 1967 to July 1967 U.S. City Average Group Chicago Detroit Los AngelesLong Beach New York Philadelphia All items 0.9 0.3 0.3 0.3 0.1 Food Housing Apparel and upkeep Transportation Health and recreation Medical care Personal care Reading and recreation Other goods and services 1.7 1.1 1.0 .5 1.0 .8 .4 .6 1.7 1.4 .5 1.4 .1 .2 .2 1.8 .7 .1 .6 .3 .1 .2 .3 .5 0 .1 .6 .9 .3 .1 .5 .5 .2 .3 - 1.1 1/ 2/ .4 .2 .4 .3 .4 .2 .1 .7 .3 .4 .4 .7 - 1.2 .3 .3 1.2 (21) See footnote 1, table 2. Not available. TABLE 4: Consumer Price Index—United States City Average For Urban Wage Earners and Clerical Workers Major group indexes, selected dates (1957-59=100) Health and recreation Date All 1967: 1966: Other goods and services Transportation Total Medical care Personal care 116.2 115.7 115.5 115.1 114.2 113.8 113.4 123.6 123.2 122.8 122.6 122.2 121.8 121.4 136.9 136.3 135.7 135.1 134.6 133.6 132.9 115.5 115.3 115.0 114.9 114.4 114.1 113.8 119.8 119.7 119.6 119.4 118.9 118.6 118.5 117.8 116.9 116.7 116.6 116.4 116.3 116.2 115.9 116.0 115.9 115.7 115.5 115.3 items Food Housing July June May Apr. Mar. Feb. Jan. 116.5 116.0 115.6 115.3 115.0 114.8 114.7 116.0 115.1 113.9 113.7 114.2 114.2 114.7 114.5 113.6 113.3 113.3 113.1 113.7 113.9 113.8 113.0 112.6 111.9 111.3 Dec. Nov. Oct. Sept. Aug. July 114.7 114.6 114.5 114.1 113.8 113.3 114.8 114.8 115.6 115.6 115.8 114.3 113.0 112.6 112.2 111.8 111.5 111.3 112.3 112.0 111.5 110.7 109.2 109.2 113.8 114.5 114.3 113.3 113.5 113.5 121.0 120.8 120.4 119.9 119.5 119.1 131.9 131.3 130.4 129.4 128.4 127.7 113.7 113.4 113.3 113.0 112.7 112.5 118.4 118.3 118.0 117.5 117.4 117.2 113.1 109.9 108.1 106.7 105.4 104.2 94.7 114.2 108.8 106.4 105.1 103.6 102.6 94.7 111.1 108.5 107.2 106.0 1Q4.8 103.9 95.5 109.6 106.8 105.7 104.8 103.6 103.0 97.8 112.7 111.1 109.3 107.8 107.2 105.0 91.3 119.0 115.6 113.6 111.4 109.4 107.3 93.6 127.7 122.3 119.4 117.0 114.2 111.3 91.8 112.2 109.9 109.2 107.9 106.5 104.6 93.7 117.1 115.2 114.9 111.4 114.1 111.5 109.6 107.2 93.4 108.8 107.1 105.3 104.6 95.8 Annual Average: 1955 Reading and recreation Apparel and upkeep 1965 1964 1963 1962 1961 1956 114.1 113.9 TABLE 5: Consumer Price Index—United States and Selected Areas 1/ For Urban Wage Earners and Clerical Workers, Commodity Groups July 1967 indexes and percent changes from April 1967 Group Los AngelesLong Beach Indexes (1957-59=100 unless otherwise U.S. City Average Chicago MinneapolisSt. Paul Philadelphia New York Pittsburgh specified) All items 116.5 120.0 113.9 115.1 114.3 117.7 115.7 119.1 116.7 115.0 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 116.0 113.3 118 .^2 112.3 116.4 124.4 100.2 129.7 120.1 115.8 122.1 116.1 112.8 129.8 101.4 139.1 116.5 115.4 119.5 115.5 126.3 121.9 99.1 121.8 115.1 112.7 112.7 115.1 118.8 117.3 99.9 128.5 115.9 112.3 125.3 108.6 112.9 125.2 99.1 131.5 114.3 109.7 119.7 102.9 116.5 127.5 93.1 131.2 113.1 111.0 109.1 110.7 118.6 120.0 100.8 122.3 116.5 112.0 116.7 111.4 108.2 127.2 99.2 136.0 114.7 111.1 113.4 107.5 123.2 121.2 96.6 134.5 112.9 111.3 116.3 115.0 109.5 120.7 98.0 122.6 Housing 114.5 118.1 121.0 127.8 V'125.7 128.6 108.7 116.9 101.7 114.4 111.5 113.4 108.7 115.8 106.5 106.1 106.7 109.5 109.7 111.7 120.1 127.0 112.8 131.7 104.7 110.6 107.1 118.5 109.6 116.7 110.3 114.2 114.5 117.3 113.2 118.4 108.5 118.2 101.8 108.7 113.3 112.7 110.3 113.2 116.7 125.6 114.1 113.6 120.1 110.8 121.8 101.9 106.1 97.9 103.7 117.6 120.5 114.2 103.0 104.6 105.1 105.5 111.1 109.3 102.2 112.0 115.3 Rent Homeownership Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation 112 120 108 111 108 108.2 116.5 109.4 Apparel and upkeep Men's and boys' Women's and girls' Foo twear 113.7 113.9 109.2 125.4 113.6 106.6 109.8 125.1 108.6 106.5 103.7 122.8 112.0 108.0 112.4 120.9 109.8 109.8 105.0 125.4 112.8 113.8 111.6 121.0 111.6 118.1 104.7 122.1 117.9 119.3 112.7 126.5 119.3 113.3 115.0 128.3 114.2 109.4 107.0 129.4 Transportation Private Public - 116.2 114.1 132.7 119.5 113.9 133.3 112.4 113.0 109.4 114.2 112.5 119.6 112.8 109.2 144.6 121.4 116.9 152.5 117.1 115.1 134.1 117.2 116.1 124.7 122.2 117.6 143.8 117.1 112.2 133.8 Health and recreation Medical care Personal care Reading and recreation — Other goods and services 123.6 136.9 115.5 119.8 117.8 123.4 136.5 117.0 125.1 113.9 119.1 145.1 114.5 104.5 110.8 126.9 144.2 122.2 118.5 118.4 123.1 126.7 125.5 120.3 119.3 117.4 135.0 110.3 107.4 110.0 124.5 145.7 114.5 119.9 110.7 128.5 138.8 112.0 128.8 126.4 122.2 140.7 110.0 114.6 122.5 143.7 110.4 113.6 116.9 on Percent changes April 1967 to July 1967 All items 0.8 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 Housing Shelter 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 Transportation Private Health and recreation Medical care Personal care Reading and recreation Other goods and services See footnote 1, table 2. # V 47 Not available. Change from May 1967. 2.0 2.3 .3 3.0 .6 8.9 1.2 1.1 1.7 .8 12.6 2.0 1.6 3.0 3.3 .8 5.7 2.2 9.2 2.7 1.8 2.2 2.5 .4 3.4 • .3 8.5 .4 .9 .4 1.1 .5 1.4 .1 .2 1.0 1.0 .4 1.2 .4 .2 .1 1.3 • 1.0 .4 1.3 .1 .4 .1 .5 .6 .4 .7 .4 .5 1.0 .1 .5 .5 1.1 1.0 .8 1.6 1.2 1.3 .3 1.0 1.1 .1 .7 1.9 .4 .5 1.5 1.9 .4 1.2 2.0 1.3 .5 .3 1.0 • .5 .3 .3 .6 1.9 4.4 6.6 3.7 1.7 1.9 .5 3.1 .3 6.3 1.4 1.2 .5 • .1 .1 .3 .3 .4 .6 .3 1.3 1.9 1.3 2.1 .4 .5 0 1.0 1.1 2.9 .9 2.2 .6 2.8 2.3 1.4 2.1 1.0 .2 1.9 .8 5.9 1.9 .2 1.8 2.2 .9 1.9 .4 11.3 - 1.2 - 1.5 1.7 1.2 1.8 4.0 6.0 1.7 .7 3.1 3.2 .1 5.0 4.0 7.6 1.2 1.7 .1 .2 .2 .4 .1 .4 0 2.3 3.4 .2 3.9 .2 1.0 .1 .7 .1 0 .3 .4 .5 .3 .4 .1 1.1 1.7 0 .6 .1 .1 .3 .6 .9 .4 1.6 .7 .5 .3 1.4 .1 .7 .2 1.4 .6 .3 .6 .2 .5 .7 2.8 .6 .3 .2 .1 .4 0 8.3 1.4 1.0 9.9 .9 1.1 .2 1.0 1.1 .1 .5 .4 1.2 1.0 .7 1.9 .6 1.2 1.0 2.1 0 .4 1.0 .6 1.8 1.4 .4 1.4 1.1 2.3 1.1 .4 .2 .3 .3 1.6 .5 47 .3 2.6 .2 3.1 .3 4/ - on TABLE 6: Consumer Price Index—United States and Selected Areas For Urban Wage Earners and Clerical "Workers, Food and its Subgroups July 1967 indexes and percent changes from June 1967 Food at home Area 1/ Total food Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other foods at home Food away from home Indexes (1957-59-100 unless otherwise specified) U.S. City Average 116.0 113.3 118.2 112.3 116.4 124.4 100.2 129.7 Atlanta Baltimore Boston Buffalo (Nov.1963=100) Chicago Cincinnati Cleveland Dallas (Nov.1963=100) Detroit Honolulu (Dec.1963=100) Houston Kansas City Los Angeles-Long Beach Minneapolis-St. Paul — New York Philadelphia Pittsburgh St. Louis San Francisco-Oakland Seattle Washington 114.4 117.6 120.1 111.1 116.5 115.2 112.2 110.2 115.1 109.9 115.9 118.4 114.3 113.1 116.5 114.7 112.9 119.9 116.1 115.4 116.3 111.9 113.6 115.8 110.0 115.4 112.6 110.0 109.1 112.7 109.9 112.3 116.4 109.7 111.0 112.0 111.1 111.3 117.0 112.4 111.5 112.9 114.0 122.2 122.1 103.3 119.5 115.2 110.6 107.4 112.7 108.3 125.3 122.0 119. 109. 116. 113. 116. 119. 116. 111.1 111.6 112.6 112.6 116.1 111.5 115.5 114.6 113.3 112.8 115.1 110.6 108.6 115.7 102.9 110.7 111.4 107.5 115.0 116.9 109.7 111.5 111.6 115.5 114.6 112.8 110.5 126.3 113.1 112.2 117.3 118.8 107.1 112.9 123.2 116.5 118.6 108.2 123.2 109.5 126.3 114.2 120.1 122.2 118.6 128.0 129.8 119.7 121.9 126.7 121.0 109.5 117.3 120.3 125.2 122.2 127.5 120.0 127.2 121.2 120.7 127.8 130.1 122.6 119.2 103.6 99.1 101.4 104.3 99.1 97.1 95.9 101.2 99.9 102.4 99.1 104.3 93.1 100.8 99.2 96.6 98.0 101.9 97.4 97.8 103.1 123.2 134.0 139.1 117.5 121.8 129.1 124.6 114.1 128.5 109.7 131.5 125.8 131.2 122.3 136.0 134.5 122.6 129.8 132.5 132.2 130.2 Percent changes June 1967 to July 1967 U.S. City Average 0.8 0.9 Atlanta Baltimore Boston Buffalo (Nov.1963=100) Chicago Cincinnati Cleveland Dallas (Nov.1963=100) Detroit Honolulu (Dec.1963=100) Houston Kansas City Los Angeles-Long Beach Minneapolis-St. Paul — New York Philadelphia Pittsburgh St. Louis San Francisco-Oakland Seattle Washington 1.8 .9 .5 1.7 1.3 .6 .7 1.4 .4 .8 .5 .6 .7 .9 .2 1.2 .9 1.5 .9 .5 .1 2.2 1.0 .5 1.9 1.5 .6 .7 1.7 .3 .8 .5 .6 .8 1.0 .3 1.2 .9 1.9 .8 .7 1/ See footnote 1, table 2. .5 .1 2.2 .2 .4 .1 1.5 .4 .9 .2 .4 0 0 1.1 .5 .2 0 .3 .2 .9 .2 0.6 0.1 3.8 0.2 0.5 1.0 2.9 .8 1.0 2.2 .2 1.4 1.6 2.2 .4 1.6 .6 .2 .5 .4 .3 1.0 .9 1.0 .7 .2 .2 .2 1.1 .4 .2 .3 .1 .1 1.5 .3 .2 .8 .2 .1 0 .1 .2 0 .1 .2 6.0 6.8 .8 4.0 6.7 2.6 1.2 3.0 1.5 1.6 .9 .4 0 1.3 .4 .2 .6 1.3 .3 0 0 .3 .3 .1 .1 1.2 .3 1.1 .1 .4 .5 .4 .7 .1 1.0 .2 .2 .2 .1 .5 .6 .3 .6 .2 .7 .3 1 0 .3 .1 .9 .2 3.5 4.6 2.0 3.6 3.8 7.1 2.6 1.6 TABLE 7: Consumer Price Index—United States City Average For Urban Wage Earners and Clerical Workers, Food Items July 1967 indexes and percent changes from selected dates (1957-59=100 unless otherwise specified) Item or Group Total food Food away from home Restaurant meals Snacks 1/ Food at home Cereals and bakery products Flour Cracker meal 1/ Corn flakes Rice Bread, white Bread, whole wheat 1/ Cookies Layer cake 1/ Cinnamon rolls 1/ Meats, poultry, and fish Meats Beef and veal Steak, round Steak, sirloin 2/ Steak, porterhouse JL/ Rump roast 1/ Rib roast Chuck roast Hamburger Beef liver 1/ Veal cutlets Pork Chops Loin roast 2J Pork sausage 1/ Ham, whole Picnics 1/ Bacon Other meats Lamb chops J 7 Frankfurters Ham, canned 1/ Bologna sausage 1/ Salami sausage 1/ Liverwurst JL/ Poultry Frying chicken Chicken breasts JL/ Turkey 1/ ~ Fish Shrimp, frozen JL/ Fish, fresh or frozen Tuna fish, canned Sardines, canned 1/ Dairy products Milk, fresh, grocery Milk, fresh, delivered Milk, fresh, skim 1/ Milk, evaporated Ice cream Cheese, American process — Butter See footnotes at end of table. Index July 1967 Seasonally Unadjusted adjusted 116.0 129.7 130.0 112.2 113.3 118.2 114.4 116.7 128.8 108.1 122.9 114.1 101.0 105.4 107.4 112.3 115.1 113.3 107.7 107.6 112.3 104.7 119.5 104.8 116.0 107.6 134.1 119.2 121.4 128.0 124.5 109.5 119.9 127.0 117.5 124.4 116.5 113.8 116.8 111.8 115.6 90.1 90.0 101.0 102.1 121.2 110.3 124.6 109.7 112.3 116.4 113.2 117.5 112.0 117.3 99.2 135.8 115.3 115.0 112.1 112.2 115.2 114.3 108.7 120.2 108.4 116.8 133.8 117.4 117.7 110.3 124.5 117.6 117.1 88.4 121.3 125.0 117.0 114.0 136.2 115.9 Percent change to July 1967 from — July June 1967 1966 Seasonally unadjuste< Unadjusted adjusted 0.8 .5 .5 .4 .9 .1 1.0 .1 .1 .2 .9 .2 .2 .3 1.1 .6 .3 .5 - .4 1.2 .5 1.9 1.4 .6 .9 1.7 1.0 1.6 .3 .2 .2 1.1 .7 1.6 .3 .3 1.1 .3 .1 .2 .3 .1 3.6 4.3 2.0 .9 .1 .6 .5 1.3 .3 .1 .2 .1 .1 .1 .5 .2 0 0.3 0 .7 .9 .6 2.7 4.1 - 1.9 3.6 .4 - - .2 - 3.3 - .2 .4 .3 .9 .5 .2 1.5 5.0 4.9 5.2 .5 3.0 4.4 .8 5.0 1.1 2.7 5.6 2.7 2.6 2.2 1.7 1.3 1.0 .8 .5 .7 1.2 1.2 .6 1.0 1.1 4.4 4.6 3.0 3.5 7.0 3.0 5.7 6.0 .8 4.6 .9 4.3 .3 1.6 2.2 7.2 8.5 3.6 4.4 2.3 7.7 1.4 4.8 5.1 4.9 4.0 4.7 6.8 6.4 4.5 5.0 4.0 10 TABLE 7: Consumer Price Index—United States City Average For Urban Wage Earners and Clerical Workers, Food Items July 1967 indexes and percent changes from selected dates—Continued (1957-59-100 unless otherwise specified) Index July 1967 Seasonally Unadjusted adjusted Item or Group Fruits and vegetables Fresh fruits and vegetables Apples Bananas Oranges Orange juice, fresh \_/ Grapefruit Grapes * Strawberries * Watermelon * Potatoes Onions Asparagus * JL/ Cabbage Carrots Celery — — — — — — — Cucumbers 1/ Peppers, green \J Spinach 1/ Tomatoes Processed fruits and vegetables Fruit cocktail, canned Pears, canned 1/ Grapefruit-pineapple juice, canned \J — Orange juice concentrate, frozen Lemonade concentrate, frozen 2/ Beets, canned 1/ -^ Peas, green, canned Tomatoes, canned Dried beans Broccoli, frozen 1/ Other food at home Vooa — — ___ CggS - - Fat8 and oils: Margarine Salad dressing, Italian 1/ Salad or cooking oil 1/ Sugar and sweets Sugar • Grape jellybar Chocolate Syrup, chocolate flavored 1/ Nonalcoholic beverages Coffee, can and bag Coffee, instant 3/ Tea Cola drink Carbonated fruit drink 1/ Prepared and partially prepared foods 1/ Bean soup, canned 1/ Chicken soup, canned If Spaghetti, canned 1/ Mashed potatoes, instant 1/ Potatoes, french fried, frozen If Baby foods, canned Sweet pickle relish 1/ Pretzels If 1/ 2/ 3/ kj * December 1963-100. April 1960-100. July 1961-100. Not available. Priced only in season. 124.4 137.5 162.4 94.4 112.6 71.7 145.8 182.7 116.2 123.2 126.1 94.6 112.3 110.4 140.7 135.1 108.0 139.1 110.3 131.2 128.3 179.2 169.7 104.9 140, 108, 98 96 94, 70 86, 107.2 121 124 112 99 100 79.2 112.0 109.2 120.8 103.6 101.3 122.9 115.0 112.7 116.6 105.5 99.1 98.9 87.6 96.1 101.1 138.9 108.7 100.8 100 96 109, 101. 84, 106, 105, 102.9 Percent change to July 1967 from — June 1967 July Seasonally 1966 adjusted Unadjusted unadjusted 3.8 5.9 8.4 1.4 3.9 .7 14.2 128.6 142.0 142.4 103.5 117.8 1.0 1.3 .2 3.3 2.6 9.5 (A/) * (A/) * 3.1 4.0 1.6 13.8 5.9 3.8 - 10, 6, 4, 6, 2.9 3.7 15.1 .5 1.7 2.3 .2 1.8 1.6 .3 .2 1.1 .4 .7 .2 1.0 192.7 135.1 71.2 101.1 86.4 - 1 2 .4 .4 .4 .6 .1 .3 .8 .1 .5 .2 0 .5 .5 .5 .1 .1 .6 0 1.1 .7 .7 1.6 5.5 .5 3.5 8.2 12.3 - 1.4 .6 3.6 2.4 4.8 .7 1.6 5.1 15.1 10, 21. * 3. 6 (47) 2.6 11.1 1.3 3.8 46.8 14.1 3.9 15.3 1.5 1.6 6.3 1.7 23.4 1.6 3.5 4.7 10.4 9.4 3.5 1.9 15.7 0 .1 1.8 3.9 2.5 .2 13.6 0 1.9 6.8 3.4 .2 6.9 3.9 1.2 2.7 2.1 4.6 .4 2.0 1.5 1.5 2.8 11 TABLE 8: Consumer Price Index--Portland, Oregon All items and commodity groups July 1967 indexes and percent changes from selected dates (1957-59-100) Percent change from Group — Index April 1967 July 1966 118.4 146.7 0.9 2.5 115.9 112.4 111.3 118.0 124.9 111.9 98.3 1.6 2.1 .4 2.4 2.4 7.7 2.0 1.0 .4 1.8 2.1 5.9 2.7 4.8 119.0 113.5 102.5 109.2 97.1 121.2 .7 .5 0 0 .4 .6 2.4 3.0 0 4.8 .2 5.8 Apparel Men's and boys' Women's and girls' Footwear Other apparel 114.8 119.0 110.2 122.9 105.9 .1 .5 1.2 .3 .9 2.0 2.7 2.3 .8 1.0 Transportation Private Public 115.7 111.8 138.8 1.5 1.9 0 5.1 4.0 9.5 Medical care Personal care Reading and recreation Other goods and services 134.9 118.8 121.6 117.3 1.8 .5 1.1 7.1 1.6 1.7 All items All items (1947-49-100) Food at home Cereals and bakery products Meats, poultry, and fish — Dairy products Fruit8 and vegetables Other foods at home Housing Gas and electricity Solid and petroleum fuels Housefurnishings Household operation Table 9: Percent Change in Prices for Selected Groups in the Consumer Price Index and the Wholesale Price Index (Seasonally adjusted except where indicated) June to .Tulv 1967 CPI WPI April to .Tulv 1967 WPI CPI Jan. 1967 to April 1967 WPI CPI Oct. 1966 to Jan. 967 CPI WPI July t o Oct. 966 WPI CPI 0.4 1.0 0.5 0.2 1.1 0 - .4 - .5 0.2 .1 0 0 3 .1 Household furnishings and supplies .2 -1.0 .4 .3 .7 .2 .3 .2 +PON^TTMFR SFRVTPE^ .4 .4 .2 .1 - .2 housekeeping and home maintenance services .3 .8 1 0 .8 -1.6 .2 .5 1.1 1.9 3.1 .3 1.3 - .6 1.8 0 - .5 .1 .1 -1.2 1 2 1.3 3.6 .2 .2 - .1 - .3 - .6 -2.0 .4 2.8 2.2 .2 0 - .1 - .4 -1.1 1 2 - .1 .1 .4 - .1 -1.0 -0.8 -1.0 -1.7 .7 - .7 -2.0 .1 .2 - .4 1.2 1.4 2.1 1 0 .7 .9 .5 .6 - .4 .1 .3 - .6 .6 .3 .4 .2 .5 .7 1 0 9 1.2 .3 4 4 - .5 - 1.1 - .3 - 1.6 .1 .4 4 g .6 .3 .1 1.0 1.1 1.6 - -0.2 .9 .8 .8 .2 .8 2.5 .2 .8 1.3 - - .2 - 1.5 1.1 - 1.0 - .9 1.2 .7 1.3 - .1 - 1.8 .6 1.1 1.8 .7 4 2 2.7 2.8 1.2 1.0 1.0 1.1 .1 1.6 4.2 2.0 2.3 1.0 .3 .3 .2 2.8 1.9 1.1 2.6 4.3 - 4.6 1.9 - 1.0 - 6.2 - 9 0 2 6 8 1 0 - 1.7 0.1 - .9 6 2 3 2.8 .1 1.2 4 2 1 .3 - .3 0 - .2 2 .2 .5 1.3 -0.8 .3 4 .6 .6 1.1 July 1966 to Julv 1967 WPI* CPI* 4 0 1 3 - 1.0 - 4.1 WHOLESALE PRICES: Type of Product: -4.6 - -1.9 - 4.7 - -4.6 - -2.7 - -1.9 Processed foods and feeds - - .6 - 1.4 - -1.1 - -1.4 - .4 - - .6 *tndu8trial commodities - 0 - 0 - .2 - .5 - .1 - .8 - - .2 - - .3 - .4 .4 - - .1 - .4 - .3 - .3 - .2 - 1.2 - - .9 - .7 - 1.0 - 1.3 - - .1 - -1.4 - - .9 - -1.2 - .5 - .5 - .7 - - .1 - - .2 - .9 - - .3 - .7 - - .2 - .2 Industrial Materials and Eauipment: Pulp, paper and allied products - .1 - - .1 - .2 - .2 - .4 - 1.5 - 1.0 - 3.0 - .1 - 1.2 - - .2 - - .3 - .8 - 1.6 - .8 - 1.2 2.9 Stage of Processing at Wholesale: .1 - o Intermediate materials, supplies and components - 0 -1.6 1.4 - 4 - - .1 - 2.8 - .4 - 3 - .1 - -3.5 - .7 1.0 _ - - .1 - 0 - -2.6 - -5.7 1.2 - .1 - -2.2 NOTE: The price changes shown for Consumer Products and components are for roughly comparable classes of finished consumer products from the CPI and WPI. A brief description of the classes of items contained in each group is included at the end of this report. Complete listings of inclusions in the CPI and WPI groupings will be furnished on request. *Based on data unadjusted for seasonal variations. 13 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 average standard errors for monthly, quarterly, and annual percent changes in the CPI for all items and for nine commodity groupings. The figures may be interpreted as follows: the chances are about 95 out of 100 that the percent change in the published CPI differs from the corresponding "complete coverage" change by less than twice the standard error. For any of the time period categories—i.e., monthly, quarterly, or annual—the standard errors are more or less independent of the size of the percentage changes to which they relate, within the range that has occurred in recent periods. An annual updating of the error estimates is planned. Because the CPI is rounded to one decimal place, some ambiguity may arise in interpreting small index changes. The table below indicates, for example, that a month-to-month change of 0.1 percent in the all-items CPI is significant (twice the standard error). 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. Average Standard Errors of Percent Changes in the CPI Component All items Food at home Food away from home Housing Apparel Transportation Medical care Personal care Reading and recreation Other Monthly Change 03 10 05 05 10 11 07 12 12 10 Quarterly Change .05 .13 .08 .08 .16 .21 .11 .19 .14 .16 Annual Change .06 .13 .16 .11 .18 .24 .24 .31 .27 .32 \j The method of deriving these estimates is described in a paper by Marvin Wilkerson, "Measurement of Sampling Error in the Consumer Price Index: First Results." Copies are available from the Bureau of Labor Statistics on request. Brief Explanation of the CPI The Consumer Price Index (CPI) measures average changes in prices of goods and services usually bought by urban wage earners and clerical workers, both families and single persons living alone. 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 Standard Metropolitan Statistical Areas (SMSA's) and 17 smaller cities, which were chosen to represent all urban places in the United States, including Alaska and Hawaii. They are collected from grocery and department stores, hospitals, filling stations, and other types of stores and service establishments which wage earners and clerical workers patronize. Prices of foods, fuels, and a few other items are obtained every month in all 56 locations. Prices of most other commodities and servipes are collected every month in the 5 largest SMSA's and every 3 months in other SMSA's and cities. Mail questionnaires are used to obtain local transit fares, public utility rates, newspaper prices, fuel prices, and certain other items which change in price infrequently. Prices of most other goods and services are obtained by personal visits of the Bureau's trained representatives. 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. SMSA and city data are then combined in the total index with weights based on the 1960 populations of SMSA's and cities they represent. Index numbers are computed on the base 1957-59=100, and are also available on the bases of 1947-49=100 and 1939-100. The national index (the United States city average) includes prices from the 23 SMSA's for which separate indexes are published in this report, as well as from the following additional locations: Alabama - Florence Alaska - Anchorage California - Bakersfield* Colorado - Denver* Connecticut - Hartford* Florida - Orlando* Indiana - Indianapolis* Indiana - Logansport Illinois - Champaign-Urbana* Iowa - Cedar Rapids* Kansas - Wichita* Louisiana - Baton Rouge* Maine - Portland* Massachusetts - Southbridge Michigan - Niles Minnesota - Crookston Mississippi - Vicksburg New Jersey - Millville New York -^Kingston North Carolina - Durham* North Dakota - Devils Lake Ohio - Dayton* Ohio - Findlay Oklahoma - Mangum Oregon - Klamath Falls Pennsylvania - Lancaster* South Carolina - Union Tennessee - Nashville* Texas - Austin* Texas - McAllen Utah - Orem Virginia - Martinsville Wisconsin - Green Bay* *Standard Metropolitan Statistical Area Comparisons of indexes for individual SMSA's show only that prices in one location changed more or less than in another. The SMSA indexes cannot be used to measure differences in price levels or in living costs between areas. A description of the index and historical tables of index numbers for the United States city average and for 23 large SMSA's are available on request to the Bureau of Labor Statistics, Washington, D. C. 20212 or any of its regional offices (addresses below). BLS Regional Offices 1371 Peachtree Street, N.E. Atlanta, Georgia 30309 341 Ninth Avenue New York, New York 10001 219 South Dearborn Street Chicago, Illinois 60604 450 Golden Gate Avenue San Francisco, California 94103 John F. Kennedy Fed. Bldg. Boston, Massachusetts 02203 911 Walnut Street Kansas City, Missouri 64106 Composition of Index Groupings Appearing in Table 1 Wholesale Price Index Consumer Price Index lodities and services All Commodities All commodities except home purchase, used cars, Nondurable and durable commodities ready for use by magazines and books. ducts included in WPI groupings of commodities purchased primarily by industrial firms. All nondurable commodities except food and beverages away from home and newspapers, magazines and books. A combination of indexes listed below. \J Food and beverages at home Food at home, alcoholic beverages at home. Fresh and dried fruits and vegetables, nuts, and eggs from the farm products group; and the processed foods and feeds group, excluding crude vegetable oils and manufactured animal feeds. Apparel and accessories • Appan Apparel and some fabrics and sewing materials, leather footwear, leather gloves, rubber footwear, watches and clocks, jewelry. Household furnishings and supplies Home maintenance nondurables, fuel oil and coal, textile housefurnishings, housekeeping supplies. Textile housefurnishings, fuels for home use (except gas), soap and synthetic detergents, sanitary papers and health products, matches, pens and pencils, and prepared paints, and miscellaneous housekeeping supplies. Gasoline and motor oil • Gasoline and motor oil. Gaso: Other nondurables Drugs and Pharmaceuticals, toilet goods, recreational nondurables, tobacco products Pharmaceutical preparations, cosmetics and other toilet preparations, tobacco products, personal brushes, and recreational items such as toys, film, and playing cards. CONSUMER PRODUCTS ries. 2/ il. A combination of indexes listed below. \J and used cars. New passenger cars Household appliances, radio and TV. Appliances Furniture and floor i Home electronic equipment, room heaters,,and household appliances, excluding electric lamps. Household furniture and floor coverings. Other durables Home maintenace durables, other housefurnishings, tires, recreational durables, except radio and TV. CONSUMER SERVICES Other durable commodities throughout the WPI which are used for home maintenance, including some household geods, tires and tubes, outboard motors, equipment for home workshops and home gardens, recreational items such as photographic equipment, sporting and athletic goods, musical instruments, and phonograph records, electric lamps, typewriters, luggage and small leather goods, and caskets and morticians goods. All consumer services. Insurance and finance Mortgage interest, taxes and insurance, automobile insurance and other auto expenses. _3/ Utilities and public transportation Gas and electricity, telephone, water and sewer, public transportation. Rent of home or apartment. Housekeeping and home maintenance services — Housekeeping and home maintenance services. Medical care except drugs and prescriptions. maintenance, recreational services, reading WHOLESALE PRICES Type of product Farm Product Processed foods and feeds Industrial commodities Industrial materials and equipment Same as the Wholesale Price Indexes for major groups Stage of Processing at wholesale Finished goods The Wholesale Price Stage of Processing Inde The Consumer Finished Goods index differs fr Consumer Products index in weighting structu is based on a larger sample of commodities. Producer Intermediati Crude materials \j The classification by durable and nondurable commodities is based on CPI classification and is not necessarily the same as the WPI classificatio Indexes by Durability of Product 2_/ Same as apparel commodities. 2/ Includes registration and license fees and parking fees. the