Full text of CPI Detailed Report : July 1968
The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
// /; // i/ in) if ilt it i SELECTED AREAS ] r CONSUMER PRICE INDEXES: COMMODITIES AND SERVICES '(Seasonally Adjusted) 1957-59=100 140 135 1957-59=100 140 135 RELATIVE IMPORTANCE A L L tTEMS INDEX (as of Dec. 1967) 130 125 ALL SERVICES 35.28% FOOD 22.54% NONDURABLES LESS FOOD _ 24.54% DURABLE COMMODITIES 17.64% 130 125 120 120 ALL SERVICES 115 115 110 110 105 105 DURABLES* 100 100 NONDURABLES LESS FOOD* 95 95 I960 1961 1962 1963 1964 1965 1966 1967 1968 1969 UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS Latest Data: July 1968 Released August 27, 1968 U.S. DEPARTMENT OF LABOR Bureau of Labor Statistics Washington, D. C. 20212 CONSUMER PRICE INDEX FOR JULY 1968 The Consumer Price Index went up 0.5 percent in July, the same as in June, to 121.5 (1957-59=100), for an increase of 4.3 percent since July 1967. Leading the upswing were higher prices for consumer services and food, consumer services accounting for more than half of the rise and food contributing about one-third. The cost of durable goods advanced modestly, as did nondurables other than food. Apparel prices declined less than usual for July and provided only a partial offset to increases in other sectors. Prices advanced half again as much in the first seven months of 1968 as they did in the same period of 1967. This more rapid rate of increase must be attributed largely to the cost of consumer services which advanced 3.7 percent compared with 2.0 percent in the first seven months of 1967. Similar comparisons for commodities show food up 3.3 percent vs. 1.0 percent; other nondurables 2.1 percent vs. 1.3 percent, and durables 1.4 percent, only slightly more than during the same period of last year. Food Grocery store tood prices rose 0.8 percent in July, less than usual for the month, and restaurant meals were up 0.5 percent. Fruits, vegetables, meats, poultry and dairy products showed less-than-seasonal increases. Seasonally adjusted, fruits and vegetables averaged 1*7 percent lower largely because of price reductions for watermelons, green peppers, cucumbers and onions as peak harvest periods were reached in many areas. Supplies of potatoes, lettuce, carrots and celery were in temporarily tight supply due to unfavorable harvesting weather and some gaps in production which resulted in larger than usual price rises for these items. Pork prices failed to show their usual seasonal strength because of heavy cold storage holdings. Beef and veal were relatively stable on the average, but frankfurters were off 1.7 percent as a result of sales promotions. Poultry prices rose fractionally despite large storage holdings; but over the year reduced production has resulted in a 1.7 percent increase. Dairy products posted a relatively small increase of 0.1 percent in July and on a seasonally adjusted basis fell 0.3 percent. The easing in dairy products prices is partially a reflection of a flattening-out of seasonal swings in milk production. Poor monetary return on dairying in recent years has forced out many marginal producers and the April 1 support price increase has encouraged other producers to increase production. Over the year, dairy products have increased 4.0 percent, primarily because of higher fresh milk prices. Services Charges for consumer services rose 0.7 percent in July, significantly more than the average for earlier months this year. The increases in July were particularly large for mortgage interest and medical care services. Rents were raised 0.2 percent, and motel and hotel rates were up 0.9 percent as the peak vacation season approached. After a 4% percent climb in July, mortgage interest charges were nearly 14 percent above a year ago, just before the recent sharp uptrend began. The recent increase in the interest rate ceiling on FHA insured loans as well as advancing interest rates on conventionally financed mortgages were reflected in the July index. Most other services associated with homeownership were also higher, particularly property taxes and insurance and charges for home decoration and repair. Medical care service costs, which had shown some signs of easing in the last quarter, resumed their rapid climb with a 0.7 percent advance. Charges for hospital services led the increase, mainly because of higher salaries for hospital personnel; there were also some increases in hospital supply costs. Dentists1 fees moved ahead firmly to cover advancing overhead and dental supply costs, and physicians1 fees also edged higher. Charges for most housekeeping services have been advancing steadily for some time, largely because of difficulty in hiring domestic workers. Charges for barber and beauty shop services, most recreational facilities, laundry, dry cleaning, and automobile repairs also were raised in July. Nondurable goods less food Although apparel prices declined slightly in July, higher prices for tobacco products, alcoholic beverages, and many other nondurable commodities caused an advance of 0.1 percent in the index for nondurables less food. Apparel and upkeep showed a smaller than usual 0.2 percent decline in July, primarily the result of clearance sales for women's apparel. Men's and boys1 wear held firm. Footwear prices responded to very strong demand and advanced contraseasonally; price increases for children's shoes lead the list. Gasoline and motor oil prices were unchanged on the average as lower prices in some cities were offset by gains in others. Fuel oil and coal rose 0.3 percent, due chiefly to higher fuel oil prices. Suppliers still have not offered their usual summer discounts on fuel oil, and prices are now close to 4.0 percent above those of a year ago. Alcoholic beverages, primarily beer, advanced significantly in July, and both cigarettes and cigars were more expensive because of higher state tobacco taxes. Durables Durables were up 0.2 percent in July as most items continued their rather moderate advance. New car prices declined 0.3 percentf as dealers offered larger price concessions to clear out end-of-year inventories and make room for 1969 models. On the other hand, most other durable goods were higher. With the exception of end-of-season close-out sales on lawn chairs, higher prices were reported for all furniture items, reflecting rising lumber, fabric, freight, and labor costs. Prices went up for all major appliances, mainly because of increases at the wholesale level. Higher prices for black and white television sets and table radios balanced lower prices for color television sets and portable radios. Cost-of-Living Adjustments About a million workers will receive pay increases based on the national and city indexes for July. The majority of those affected, about 800,000, are employed in the automobile, automotive parts, and farm and construction equipment industries. These workers will receive an added 8 cents per hour, the maximum permitted, in the first annual adjustment under their 3-year contracts negotiated in 1967 and 1968. Another 100,000 workers employed in the aerospace industry will receive a 4-cent increase based on the rise in the national index since April. Increases for the balance of about 100,000 will range from 1 cent to 6 cents. TABLE 1: Consumer Price Index—United States City Average For Urban Wage Earners and Clerical Workers Major group, subgroup, and special group indexes, July 1968 and percent changes from selected dates Indexes (1957-59-100) Group Unadjusted Seasonally adjusted 121.5 All items 120.0 116.7 119.2 114.0 121.0 132,2 103.3 136.5 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 1/ Homeownership 2/ ~ Fnel and utilities 3/ — Fuel oil and coal kj — Gas and electricity Household furnishings and operation - 119.5 124.2 115.1 127.8 110.6 115.7 109.5 113.1 Apparel and upkeep 5J Men's and boys' Women's and girls' Footwear 119.7 120.1 115.7 132.0 Transportation Priva te 119.8 117.6 138.5 Health and recreation Medical care Personal CSXG — — — — — — — — — — — Reading and recreation Other goods and services 6/ 130.2 145.1 120.4 125.9 123.9 All items less shelter All items less food All items less medical care — Commodities JJ Nondurables Durables 7/ 8/ Services 9./ 120.8 122.1 120.1 115.5 118.7 107.6 134.9 Commodities less food JJ Nondurables less food Apparel commodities Apparel commodities less footwear Nondurables less food and apparel New cars 113.2 117.6 118.9 116.3 116.9 99.8 (10/) 101.5 104.8 Unadjusted Seasonally adjusted 113.4 121.5 123.4 104.6 111.0 117.7 119.1 115.8 118.6 113.2 120.9 130.0 102.5 135,7 118.7 122.9 114.9 126.1 110.3 115.4 109.4 112.9 Unadjusted Percent change to July 1968 from— April 1968 July 1967 Seasonally Unad- Seasonally adjusted adjusted justed unadjusted 116.5 120.9 119.0 115.5 July 1967 unadjusted 119.2 115.9 114.0 121.9 125.5 104.3 110.6 117.2 116.0 113.3 118.2 112.3 116.4 124.4 100.2 129.7 .5 .7 .1 1.7 114.3 117.9 112.4 120.2 108.9 111.4 108.3 108.2 .7 1.1 .2 1.3 .3 .3 .1 .2 0.2 .3 .5 .3 1.7 .3 1.4 1.4 .8 1.2 1.9 3.0 .3 1.6 0.3 .2 .3 1.8 2.6 1.1 3.4 3.0 .8 1.5 4.0 6.3 3.1 5.2 1.7 2.4 .6 3.1 .5 1.5 1.0 3.7 1.0 1.2 1.5 1.3 1.4 1.8 5.3 5.4 6.0 5.3 .4 .4 3.1 3.1 4.4 4.5 5.3 2.4 6.3 1.6 3.9 1.1 4.5 120.7 116.4 132.5 119.9 120.1 116.5 131.7 119.9 120,1 116.5 131.7 113.7 113.9 109.2 125.4 .2 0 .7 .2 .3 .5 - .1 .6 119.6 117.4 119.7 117.4 138.4 119.8 117.5 116.2 114.1 132.7 .1 .2 .1 - .2 - .1 129.7 144.4 120.1 125.6 123.5 123.6 136.9 115.5 119.8 117.8 .4 .5 .2 .2 .3 1.1 1.1 1.2 5.3 6.0 4.2 5.1 5.2 120.4 121.6 119.5 115.1 118.2 107.4 133.9 116.1 116.8 115.2 111.5 114.3 104.4 127.7 .3 .4 .5 .3 .4 .2 .7 1.0 1.2 1.4 1.0 1.2 .7 1.8 4.0 4.5 •4.3 3.6 3.8 3.1 5.6 109.1 112.8 112.6 110.0 113.0 97.0 124.8 98.1 100.8 .2 .1 - .2 - .3 .3 - .3 .2 .1 .9 1.0 1.1 1.1 .9 - .5 (10/) .7 .6 .9 1.4 .2 .7 .2 2.0 3.1 .6 1.5 1.2 .7 .7 .9 Special groups: Used C&1TS •*•————————-————.———— Household durables 11/ Housefurnishings • Services less rent 9/ Household services less rent Transportation services Medical care services Other services YLj All items index on other bases: 1947-49-100 1 Q^Q*l 00 — •_•_»•« i n f •-, - . - . -••«•—•-• 115.3 118.3 107.6 113.3 117.8 119.5 116.9 100.6 (10/) 113.0 117.5 119.1 116.6 116.6 100.1 (10/) 101.3 104.7 115.1 118.3 107.4 113.0 117.5 119.1 116.6 100.7 (10/) 139.3 135.6 133.5 156.6 139.2 138.1 133.7 133.3 155.5 138.9 131.2 127.0 128.3 146.0 131.6 149.1 250.9 148.4 249.7 142.9 240.6 $0,823 .671 .399 $0,827 .674 .400 $0,858 .700 .416 (IP./) .2 0 .2 .3 .3 .3 .3 - .1 (10/) .7 .7 .6 1.0 1.2 1.4 1.5 1.0 3.8 4.3 5.6 5.7 3.5 2.9 3.5 4.0 6.2 6.8 4.1 7.3 5.8 Purchasing power of the consumer dollar: JL*f J/-*3"* B y X • i/v/ — — — — — — — — — — 1947-49-$1.00 1939-$1.00 — 1/ 2/ ][/ kj 5/ 6/ Ij ZJ 9/ 10/ 11/ 12/ — Also includes hotel and motel rates not shown separately. Includes home purchase, mortgage interest, taxes, insurance, and maintenance and repairs. Also includes telephone, water, a n d sewerage service not shown separately. Called "Solid and petroleum fuels" prior to 1964. Also includes infants' w e a r , sewing materials, jewelry, and apparel upkeep services not shown separately. Includes tobacco, alcoholic b e v e r a g e s , and funeral, legal, and bank service charges. Includes home purchase costs which w e r e 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 w e r e classified under this heading prior to 1964. N o t available d u e to insufficient data. Called "Durables less cars" prior to 1964. Includes the services components of apparel, personal c a r e , reading and recreation, and other goods and services. - 4.1 TABLE 2: Consumer Price Index—The United States and Selected Areas For Urban Wage Earners and Clerical Workers, All Items Most recent index and percent changes from selected dates Indexes Area 1/ Pricing Schedule 2/ U.S. City Average Chicago Detroit Los Angeles-Long Beach —-. New York --Philadelphia - M M M M M 1957-59=100 1947-49=100 July 1968 June 1968 April 1968 July 1967 121.5 149.1 0.5 1.3 4.3 118.9 120.3 122.3 124.2 122.6 149.9 148.3 152.5 149.7 150.5 .5 .4 .3 .5 .5 1.3 1.5 1.0 1.4 1.3 4.6 4.6 4.1 4.3 5.1 April. 1968 July 1967 154.5 147.0 150.7 147.9 0.9 1.1 1.2 .5 4.0 4.4 5.4 4.3 May 1968 February 1968 May 1967 1.8 1.1 2.2 .8 .9 .7 1.6 4.4 6.5 4.8 3.3 4.4 3.7 4.6 March 1968 June 1967 July 1968 Boston Houston --Minneapolis-St. Paul Pittsburgh Buffalo (Nov.1963=100) — Cleveland Dallas (Nov.1963=100) Milwaukee San Diego (Feb.1965=100) Seattle Washington 124.7 119.3 121.8 120.0 114.3 119.1 147.9 115.9 146.1 121.1 121.0 152.2 145.6 112.7 108.7 June 1968 Atlanta Baltimore Cincinnati Honolulu (Dec.1963=100) — Kansas City St. Louis San Francisco-Oakland Percent change from: Other bases 119.0 120.6 118.6 147.4 149.7 144.4 124.1 121.3 124.2 153.6 150.6 157.6 111.5 1.0 1.6 1.3 .6 2.0 .9 1.2 3.7 4.2 4.9 3.7 5.7 4.1 4.9 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 I960. 2y 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 1968 to July 1968 Group Housing Apparel and upkeep Transportation Health and recreation Medical care Personal care Reading and recreation Other goods and services 1/ 2/ Los AngelesLong Beach U.S. City Average Chicago Detroit 0.5 0.5 0.4 0.3 0.5 .8 .7 .2 .1 .4 .5 .2 .2 .3 1.0 .7 - 1.2 .3 .5 .1 .4 .3 1.2 .6 1.0 - .8 - .2 .2 0 .3 - .9 1.6 .6 .7 .7 - 1.1 .4 .6 .8 .4 .2 .9 .5 - .6 .5 .7 1.3 - .3 .3 1.2 - New York Philadelphia 0.5 .8 .5 _ n .5 .8 2.1 - .3 .2 (2/) 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) Hecilth and recreation and Other goods recreation services Reading Date Apparel and All items Food Apr. Mar. Feb. Jan. 121.5 120.9 120.3 119.9 119.5 119.0 118.6 120.0 119.1 118.8 118.3 1967: Dec. Nov. Oct. Sept. Aug. July Annual Average: 1967 1966 1965 1964 1963 1962 1957 1968: July June May Housing upkeep Transportation Total Medical care Personal care and 111 .4 117.0 119.5 118.7 117.8 117.5 117.2 116.9 116.4 119.7 119.9 119.5 118.4 117.6 116.6 115.9 119.8 119.7 119.1 119.0 119.0 118.6 118.7 130.2 129.7 129.2 128.8 128.3 127.5 111 .1 145.1 144.4 144.0 143.5 142.9 141.9 141.2 120.4 120.1 119.6 119.0 118.4 117.6 117.6 125.9 125.6 125.3 124.9 124.2 123.0 122.7 123.9 123.5 122.6 122.5 122.4 122.1 121.9 118.2 117.8 117.5 117.1 116.9 116.5 116.2 115.6 115.7 115.9 116.6 116.0 116.0 115.5 115.3 115.0 114.7 114.3 116.8 116.6 116.0 115.1 113.8 113.7 117.9 118.3 117.7 116.8 116.4 116.2 126.6 126.2 125.5 124.9 124.2 123.6 140.4 139.7 139.0 138.5 137.5 136.9 117.2 116.9 116.5 116.4 116.1 115.5 122.2 122.0 121.4 120.5 120.0 119.8 121.4 121.0 120.3 119.7 118.8 117.8 116.3 113.1 109.9 108.1 106.7 105.4 98.0 115.2 114.2 108.8 106.4 105.1 103.6 97.8 114.3 111.1 108.5 107.2 106.0 104.8 98.5 114.0 109.6 106.8 105.7 104.8 103.6 99.5 115.9 112.7 111.1 109.3 107.8 107.2 96.5 123.8 119.0 115.6 113.6 111.4 109.4 97.0 136.7 127.7 122.3 119.4 117.0 114.2 95.5 115.5 112.2 109.9 109.2 107.9 106.5 97.1 120.1 117.1 115.2 114.1 111.5 109.6 96.9 118.2 114.9 111.4 108.8 107.1 105.3 98.5 in .9 TABLE 5: Consumer Price Index—United States and Selected Areas 1/ For Urban Wage Earners and Clerical Workers, Commodity Groups July 1968 indexes and percent changes from April 1968 Group Los MinnAngeleseapolisLong St. Paul Beach Indexes (1957-59-100 unless otherwise specified) U.S. City Average Chicago New York Philadelphia Pittsburgh All items 121.5 124.7 118.9 120.3 119.3 122.3 121.8 124.2 122.6 120.0 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 120.0 116.7 119.2 114.0 121.0 132.2 103.3 136.5 123.2 118.3 121.1 120.0 115.5 131.9 104.4 144.8 121.3 119.9 124.3 116.0 134.1 130.3 104.7 128.3 118.6 115.9 112.2 117.9 125.1 123.3 101.7 133.8 119.9 116.2 126.7 111.2 119.6 131.3 103.4 136.2 118.0 112.6 121.1 104.6 119.3 135.2 95.4 137.7 118.1 115.3 109.2 112.4 126.6 126.6 106.1 130.8 120.8 115.9 117.3 114.7 112.1 136.3 102.3 141.9 120.1 115.5 115.3 110.9 127.2 131.3 100.4 144.4 116.3 113.8 117.5 116.4 109.7 129.0 100.2 132.8 Housing — Shelter 119.5 124.2 115.1 127.8 110.6 115.7 109.5 113.1 126.2 134.1 129.1 136.2 109.5 119,8 102.0 120.8 115.5 118.2 110.6 121.9 108.6 108.5 108.2 112.7 115.7 119.7 124.1 131.1 114.8 136.4 106.1 112.3 111.8 126.3 110.5 121.1 111.0 120.2 118.9 120.8 115.5 122.1 109.6 122.2 102.7 116.7 118.2 117.7 112.6 119.0 117.9 129.5 121.1 121.2 129.0 114.2 131.7 103.7 109.5 98.6 111.4 122.8 126.4 123.2 103.5 106.4 104.9 109.3 117.1 116.0 104.5 120.3 117.1 118.3 116.7 Apparel and upkeep Men's and boys' Women's and girls' Footwear 119.7 120.1 115.7 132.0 119.6 111.5 115.2 132.3 114.6 112.8 110.1 128.3 117.1 116.8 115.8 124.6 115.9 116.1 112.0 133.7 119.7 123.3 118.8 128.0 116.8 125.0 108.1 128.1 123.6 127.8 117.0 130.7 126.0 120.4 121.6 133.7 120.6 114.8 114.1 136.5 Transportation Private — Public 119.8 117.6 138.5 122.4 116.7 135.9 117.7 116.9 124.2 119.4 116.8 136.7 116.6 112.9 150.4 124.7 120.1 154.5 120.7 119.1 128.9 120.6 119.6 127.3 128.5 123.0 155.7 120.9 116.3 134.1 Health and recreation — Medical care Personal care Reading and recreation Other goods and services 130.2 145.1 120.4 125.9 123.9 129.8 147.1 122.2 133.2 115.8 125.3 152.8 119.1 109.9 117.4 132.5 153.5 126.8 124.8 119.7 127.7 133.1 131.7 124.4 120.9 124.2 142.2 115.4 111.1 120.5 131.1 153.5 121.1 128.9 113.8 135.6 148.7 116.1 136.9 131.6 130.5 154.0 114.8 120.7 (3/) 129.7 152.8 111.0 119.7 126.7 Homeownership Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation Percent changes April 1968 to July 1968 All items 1.3 0.9 1.3 1.5 1.1 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 1.4 1.4 .8 1.2 1.9 3.0 .3 1.6 1.5 1.5 .2 1.1 2.0 5.2 .7 1.8 2.2 2.2 2.5 2.8 2.4 2.0 1.0 2.2 2.1 2.2 1.1 2.6 .3 6.0 .2 1.6 Housing Shelter Rent Homeownership Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation 1.7 2.4 .6 3.1 .5 1.5 0 1.5 1.8 .5 2.4 .1 0 .2 1.9 2.8 3.9 Apparel and upkeep Men's and boys' Women's and girls' • — Footwear 1.1 .8 1.0 1.2 1.0 1.6 2.5 .6 .7 .7 .9 .1 .1 .7 1.1 1.1 1.2 .8 1.1 1.4 2.3 .2 0 Transportation Private Public Health and recreation Personal care Reading and recreation Other goods and services 1/ See footnote 1, table 2. 2/ Change from May 1968. V Not available. 1.7 2.3 / -5 3.0 .6 - .5 .1 .4 - - 4.5 .2 .7 .5 1.0 1.0 1.2 1.3 0.5 1.6 1.6 .9 2.6 2.9 1.3 0 1.9 2.3 1.2 .8 1.9 1.4 1.4 1.6 1.9 1.5 .9 4.0 1.5 1.8 .9 1.7 1.8 .8 1.1 1.5 5.7 .1 1.6 1.4 1.7 1.3 1.4 2.7 2.0 1.1 .6 1.5 1.5 1.7 1.8 .1 4.0 .4 1.9 1.7 3.1 .8 3.8 1.8 1.1 1.5 2/ .3 1.8 0 1.4 2.0 .1 .3 1.5 2.0 2/ .4 2.3 .6 2.3 0 1.2 .2 .2 .9 .1 .2 2.9 1.1 1.8 2.3 1.1 2.6 .3 3.1 .3 .3 .1 .1 .4 .4 1.5 .8 1.6 3.8 .7 3.0 .4 1.8 .1 .5 .1 .8 .3 .5 .6 1.2 1.0 1.7 .9 .4 .6 1.1 1.4 .7 1.9 1.3 .3 .2 .9 .2 .7 .2 .2 .6 .3 .3 .2 .3 .3 .6 .2 .2 .1 1.4 1.4 .6 .6 .7 0 1.3 1.0 1.8 1.3 1.5 .1 .8 .1 .9 .1 2.0 1.0 1.2 .2 .3 .3 .4 1.4 .3 1.1 .6 .7 .1 .6 1.6 .5 .5 .2 .5 .6 .3 1.3 .4 1.7 2.4 .4 .2 3.1 1.9 4.1 1.4 .6 (3/) .6 3.0 .5 .3 .7 - TABLE 6: Consumer Price Index—United States and Selected Areas For Urban Wage Earners and Clerical Workers, Food and its Subgroups July 1968 indexes and percent changes from June 1968 Food at home Area 1/ Total food Total 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 120.0 116.7 119.2 114.0 121.0 132.2 103.3 136.5 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 Milwaukee Minneapolis-^St. Paul New York — Philadelphia Pittsburgh St. Louis San Diego (Feb.1965=100) San Francisco-Oakland — Seattle — Washington 117 .1 121 .8 123 .2 115 .7 121 .3 117 .6 117 .3 113 .8 118 .6 111 .3 119 .9 123 .0 118 .0 118 .5 118 .1 120 .8 120 .1 116 .3 123 .8 111 .8 119 .2 118 .8 121 .6 114.3 117. 5 118.3 114.0 119.9 114. 1 114.5 111.7 115.9 110.5 116.2 120.2 112.6 117.0 115.3 115.9 115.5 113.8 120. 1 109.2 115.0 114.2 117.8 113.5 123.0 121.1 105.4 124.3 113.9 114.2 110.2 112.2 112.4 126.7 123 121 109 109 117 115.3 117.5 120.2 108.0 117.1 109.3 111.3 113.5 115.9 120.0 112.4 116.0 114.2 115.8 113.1 117.9 111.4 111.2 118.1 104.6 115.0 112.4 114.7 110.9 116.4 119.8 114.9 111.3 113.0 113.4 114.2 117.0 115.5 116.6 134.1 116.6 119.4 122.3 125.1 112.8 119.6 127.2 119.3 129.5 126.6 112.1 127.2 109.7 133.7 108.5 116.2 125.5 125.4 129.0 135.6 131.9 129.5 130.3 129.9 129.2 115.6 123.3 113.1 131.3 130.7 135.2 132.2 126.6 136.3 131.3 129.0 133.3 111.6 136.4 127.3 133.2 107.0 104.2 104.4 108.3 104.7 100.0 99.5 103.2 101.7 103.8 103.4 107.7 95.4 104, 106, 102, 100.4 100.2 101.8 100.8 100.7 100.8 109.7 127.2 139.4 144.8 125.7 128.3 135.6 133.5 121.7 133.8 113.7 136.2 132.9 137.7 130.8 141.9 144.4 132.8 138.6 (2/) 138.0 138.4 137.0 0.6 (£/) Percent changes June 1968 to July 1968 U.S. City Average 0.8 0.8 0.5 0.7 0.1 1.7 0.8 Atlanta Baltimore .3 .4 1.1 .2 1.0 1.1 .3 .3 .6 .4 .7 .1 .6 .2 .5 .2 .3 1.3 .1 .9 1.2 .4 .4 .7 .6 .5 0 .6 .3 .6 1.1 .9 1.1 .1 .5 1.1 0 0 .3 .2 .4 1.6 1.5 1.5 .1 .5 1.5 .5 .2 .6 .2 1.1 .3 1.2 1.5 .7 .4 1.4 .9 1.9 .2 .7 .1 .8 .7 .3 1.0 .6 .6 .5 .1 .5 .4 .4 .3 0 .1 .6 1.6 .1 .1 .3 .3 .1 .1 .2 .2 .4 .1 .5 .1 .1 0 .6 .5 1.7 2.0 3.0 .6 1.0 .2 .5 1.8 .5 .6 1.6 Buffalo (Nov.1963=100) Chicago Cincinnati Cleveland Dallas (Nov.1963=100) — Detroit Honolulu (Dec.1963=100) Houston Kansas City Los Angeles-Long Beach Milwaukee Minneapolis-St. Paul New York Philadelphia Pittsburgh St. Louis San Diego (Feb.l965»100) San Francisco-Oakland — Seattle Washington 1.0 0 .4 .9 .2 .6 1/ See footnote 1, table 2. 2/ Not available. .9 1.1 .2 0 .1 1.3 .2 .4 .3 0 .2 .9 .5 3.1 .5 2.9 1.6 .9 .2 .8 0 3.7 3.1 2.7 1.3 1.3 4.2 2.0 2.9 .4 1.2 1.0 .5 .8 .7 1.1 1.0 1.3 .9 1.0 .7 .4 0 1.4 .9 1.7 .6 .7 .6 .5 1.4 .4 .2 .2 .5 - .2 1.3 .1 .7 (2/) .4 .4 .4 .7 .4 (2/) .3 .9 .3 TABLE 7: Consumer Price Index—United States City Average For Urban Wage Earners and Clerical Workers, Food Items July 1968 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 JL/ Food at home Cereals and bakery products Cracker meal 1/ Corn flakes Rice Bread, white Bread, whole wheat JL/ Cookies Layer cake 1/ Cinnamon rolls 17 : Meats, poultry, and fish Meats Beef and veal Steak, round Steak, sirloin 1/ Steak, porterhouse 1/ Rump r o a s t JL/ Rib roast Chuck roast iidinD\iir£€ir —-•—•«•» - " • - . - " • • • Beef liver 1/ Veal cutlets Chops Loin roast 2/ Pork sausage 1/ Ham, whole Picnics 27 Other meats Lamb chops \j Frankfurters Ham, canned 1/ Bologna sausage 1/ Salami sausage JL/ Liverwurst 1/ Poultry Frying chicken Chicken breasts %l XU1TlC6y Pisii JL/ •— — «•—— — — -•-•———•-— —————————— Shrimp, frozen 1/ Fish, fresh or frozen Tuna fish, canned Sardines, canned JL/ Dairy products Milk, fresh, grocery Milk, fresh, delivered Milk, fresh, skim JL/ — Milk, evaporated Ice cream Cheese, American process Butter — See footnotes at end of table. Index July 1968 Seasonally Unadjusted adjusted 120. 136. 136. 118. 116. 119. 112 117 128. 110 124. 115. 100. 109. 107. 114. 116, 117. 112, 111, 116, 108. 126, 110, 120, 108, 143, 116, 123, 127, 123, 108, 115, 115, 118, 130, 115, 112 118, 114, 116 91 92 102 96 124 109 125 110 121 121 118 124 118 121 97 139 116 .9 119.0 115.5 113.4 116.1 117.9 112.8 126.5 112.2 120.0 143.3 113.9 118.8 110.0 112.0 119.0 115.6 90*4 124.3 126.1 121.5 119.6 140.2 117.5 Percent changes to July 1968 from— June 1968 July 1967 Seasonally adjusted Unadjusted Unadjusted 0.8 .6 .5 .7 .8 .5 .2 .1 .1 .3 .7 .8 .2 .7 .7 .3 .4 .7 .2 1.4 .3 1.8 .3 2.1 5.9 3.6 .4 1.0 2.7 1.2 .2 .7 1.7 .5 .0" .4 .3 .1 .0 .2 .0 .4 1.0 .6 .2 .2 .1 .1 .3 .3 .2 .9 .3 .1 - 0.2 .3 .5 l'.O .4 .7 .1 .1 .2 .2 1.1 4.5 - 1.4 - 5.5 - .2 - 1.1 - 3.0 .4 3.4 5.2 5.2 5.3 3.0 .8 1.7 .3 .3 2.4 1.5 .9 .2 3.7 .3 1.5 1.3 3.9 4.1 3.2 3.5 3.5 5.5 5.1 3.6 .9 7.2 2.4 1.3 .2 . 1.0 • .5 3.5 . 9.1 1.2 4.5 1.3 .9 1.7 2.3 .7 1.7 3.1 1.7 • 5.1 2.4 • 1.2 .4 .3 1.1 .3 0 1.0 1.1 8.5 4.0 5.0 5.8 5.5 3.2 • 1.4 2.9 1.4 ' 9 TABLE 7: Consumer Price Index—United States City Average For Urban Wage Earners and Clerical Workers, Food Items July 1968 indexes and percent changes from selected dates—Continued (1957-59-100 unless otherwise specified) Index July 1968 Seasonally adjusted Unadjusted Item or Group Fruits and vegetables Fresh fruits and vegetables Orange juice, fresh 1/ Grapefruit Grapes 3/ Strawberries VWatermelon 3/ Potatoes Onions Asparagus 1/3/— Cabbage Carrots Celery — Cucumbers 1/ Lettuce — Peppers, green JL/ -- Spinach 1/ Tomatoes Processed fruits and vegetables — Fruit cocktail, canned Pears, canned 1/ Grapefruit-pineapple juice, canned 1/ — 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 Eggs Fats and oils: Margarine Salad dressing, Italian 1/ - — Salad or cooking oil 1/ Grape jelly Chocolate bar Syrup, chocolate flavored JL/ Nonalcoholic beverages Coffee, can and bag • — Coffee, instant 5/ Tea Cola drink Carbonated fruit drink 1/ Prepared and partially prepared foods 1/ Bean soup, canned 1/ Chicken soup, canned 1/ Spaghetti, canned JL/ Mashed potatoes, instant JL/ Potatoes, french fried, frozen 2/ Baby foods, canned Sweet pickle relish 1/ Pretzels 1/ 1/ 2/ 3/ 4/ "5/ December 1963*100. April 1960-100. Priced only in season. Not available, July 1961=100. 132. 145. 200. 96. 144. 85. 177. 194.9 (3/) 109.5 163.5 151.2 121.4 142.6 118.9 137.7 110.7 134.5 152.4 105.7 131.5 115.3 108.6 118, 95, 86.3 111.7 121.3 130.6 123.7 100.3 103.3 103.7 102.7 121.5 118.3 113.0 119.0 112.0 101.9 101.1 87.7 98.6 100.8 147.5 115.1 102.4 100.4 96.1 111.8 101.8 87.3 108.2 107.9 105.8 123.4 129.9 159.1 95.8 144.4 158.3 148.2 (3/) 112.3 150.7 141.0 142.0 112.1 121.8 144.3 122.9 91.2 104.6 96.9 Percent change to July 1968 fromJune 1968 July Seasonally 1967 Unadjusted adjusted Unadjusted 1.7 2.8 8.0 2.0 4.4 .9 1.8 (4/) (3/) -29.2 1.9 - 5.0 2.5 - 4.0 5.5 16.2 - 9.3 17.7 -19.9 2.1 5.0 - .1 - .3 .3 - .2 1.1 - 2.9 .4 .6 - .2 0 - .3 .8 6.0 - - .2 .2 .4 .6 .2 .2 2.2 0 .2 .1 .2 .1 .1 .6 .1 .1 .1 - 0 .5 .8 - 1.2 .7 0 - 1.7 - 2.5 .8 2.2 2.8 - .9 (4/) (3/) -12.9 11.6 - 2.0 8.1 6.5 6.3 31.1 1.3 1.4 .3 2.1 6.3 6.0 23.3 2.0 28.0 19.2 21.5 6.7 (3/) - .8 16.2 11.9 12.4 2.5 7.8 5.0 -13.7 -24.9 -10.2 .8 - 6.1 6.8 10.3 22.5 .4 26.1 - .5 4.2 - .3 4.8 9.9 .4 3.1 12.2 .1 1.4 - 1 1 2.9 .3 2.1 6.2 2.8 2.2 .1 2.6 .3 6.2 5.9 1.6 .3 .3 2.0 0 3.4 1.6 2.6 2.8 10 TABLE 8: Consumer Price Index—Portland, Oregon All items and commodity groups July 1968 indexes and percent changes from selected dates (1957-59-100) Percent change from — Group Index April 1968 July 1967 All items — All items (1947-49-100) 122.5 151.8 1.0 3.6 Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products — — — Fruit8 and vegetables — - — Other foods at home 119, 114, 113.3 121, 125, 116, 99.7 .5 0 1.4 .8 .6 0 0 2.9 2.0 1.8 2.6 .6 3.9 1.4 Housing Rent — Gas and electricity Solid and petroleum fuels Housefurnishings Household operation 122.9 115.6 102.5 113.3 98.8 120.9 1.5 .3 0 .4 .1 .2 3.6 1.9 0 3.8 1.8 .2 Apparel Men'8 and boys' — Women'8 and girls' Footwear Other apparel 120.3 123.7 116.8 130.1 107.8 .3 .6 .4 .3 .6 4.8 3.9 6.0 5.9 1.8 Transportation -Private Public -.—.——»——————.—— 117.9 114.3 139.7 .8 1.0 0 1.9 2.2 .6 Medical care Personal care — Reading and recreation Other goods and services 141.0 129.0 127.5 121.6 .6 4.1 0 2.1 4.5 8.6 4.9 3.7 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 1968 to July 1968 April 1968 to July 1968 Jan. 1968 to April 1968 Oct. 1967 to July 1967 to Jan. 1968 let. 1967 July 1967 to July 1968 WPI* 4.3 *ALL ITEMS CONSUMER PRODUCTS 0 0.3 Food and beverages at home .4 Apparel and accessories .3 0 Household furnishings and supplies .2 Gasoline and motor oil 0 Other nondurables Durable — — — — — — — — — — — — — 0.6 .9 1.6 .2 0 .2 .2 .2 .1 .2 New passenger cars .1 Appliances .2 .2 Furniture and floor coverings .3 .3 *Other durables .4 .6 — 0.7 .6 .2 0.7 1.0 1.3 1.0 1.0 1.3 1.4 2.0 1.3 .9 .6 .8 .8 .5 .5 .9 .9 .6 1.0 .3 .4 .1 - .1 .9 .3 .3 .4 .7 .3 0 1.2 1.7 1.9 1.0 1.9 4.2 .6 - .2 - .5 .6 1.0 1.1 1.2 1.0 .5 .6 0.9 • 0.3 1.1 1.5 1.5 0 • 1.1 .5 1.1 .1 1.6 .5 .5 .7 2.6 1.3 1.7 .3 .7 1.1 .1 .4 1.6 .6 1.2 1.2 .2 .9 -3.8 .1 .3 1.0 1.1 2.6 .5 1.5 2.6 .2 3.5 3.6 2.9 5.6 2.8 1.5 4.2 3.3 2.9 1.3 1.0 4.8 .7 3.8 5.6 0.7 1.8 1.3 1.3 1.1 2.0 4.1 .9 1.5 1.0 7.7 .2 .6 .6 .6 .5 2.4 •Utilities and public transportation .2 .5 .6 .5 .3 1.9 •Housekeeping and home maintenance services .5 1.8 2.1 2.1 1.8 8.1 .7 1.5 1.9 1.8 1.8 7.3 .3 1.4 1.7 1.2 1.0 5.4 .2 1.1 2.2 1.3 1.1 5.8 •CONSUMER SERVICES •Insurance and finance •Personal care services • •Other services 2.6 2.7 3.1 3.8 3.1 - 1.4 .7 2.5 2.3 1.0 3.5 3.3 WHOLESALE PRICES: Type of Product: -1.4 0.7 3.2 0.5 3.3 1.1 Processed foods and feeds .7 1.1 2.0 .2 .7 2.5 •Industrial commodities .1 .1 .9 .9 - .3 - .3 .5 - .2 .1 .1 .9 1.4 .2 .6 2.8 5.1 2.0 3.1 5.0 2.0 2.4 13.2 .3 0 - .4 1.0 .2 .8 - .3 -1.7 1.0 2.1 .9 2.3 .3 .6 1.2 .7 3.2 .4 1.2 .9 .1 2.9 .5 1.1 .9 .2 2.8 .3 .8 1.1 1.3 3.7 0 1.0 .5 2.4 -1.2 2.7 1.7 .9 Farm products - — 2.7 Industrial Materials and Equipment: Chemicals and allied products Rubber and rubber products Lumber and wood products Pulp, paper and allied products * Metals <md metal products Machinery and equipment Stage of Processing at Wholesale: Finished goods Producer — Intermediate materials, supplies and components Crude materials 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. 12 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 1967 averages. 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. Data also are shown in terms of the relative error of the standard error of percent changes. The relative errors tend to decrease markedly for successively longer time periods, as expected. 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-tomonth 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. Standard and Relative Errors of Percent Changes in the CPI Based on 1967 Data Component All items -Food at home Food away from home Housing Apparel Transportation Medical care Personal care Reading and recreation Other goods and services Monthly Change .03 .08 .06 .04 .16 .07 .12 .14 .08 .10 Standard Error Quarterly Annua1 Change Change .05 .11 .12 .07 .24 .12 .17 .19 .12 .14 .07 .16 .27 .14 .26 .14 .26 .34 .15 .20 Monthly Change .12 .14 .16 .18 .29 .17 .23 .56 .29 .25 Relative Error Quarterly Change .07 .10 .10 .11 .23 .11 .10 .26 .16 .13 Annual Change .03 .19 .05 .05 .06 .05 .04 .12 .06 .07 This replaces the table of average standard errors based on 1965 data which was included in the CPI report through January 1968. \J The method of deriving these estimates is described in a paper by Marvin Wilkerson, "Measurement of Sampling Error in the Consumer Price Index," Journal of the American Statistical Association, September 1967. Composition of Index Groupings Appearing in Table 9 Wholesale Price Index Consumer Price Index All commodities and services All Commodities All commodities except home purchase, used cars, food and beverages away from home, newspapers, magazines and books. Nondurable and durable commodities ready for use by home consumers except a few individual consumer products 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. 1/ 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 Apparel, footwear, and accessories. 2/ 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. CONSUMER PRODUCTS • Gasoline and motor oil Gasoline and motor oil. Gasoline and automotive motor oil. 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. All durable commodities except home purchase and used cars. A combination of indexes listed below. \J New passenger cars New cars. Passenger cars. Appliances Household appliances, radio and TV. Home electronic equipment, room heaters,,and household appliances, excluding electric lamps. Durable Furniture and floor coverings Furniture and floor coverings. Household furniture and floor coverings. Other durables Home maintenace durables, other housefurnishings, tires, recreational durables, except radio and TV. 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. CONSUMER SERVICES • All consumer services. Insurance and finance Mortgage interest, taxes and insurance, automobile insurance and other auto expenses. 3_/ Rent Rent of home or apartment. Utilities and public transportation Gas and electricity, telephone, waicr and sewer, public transportation. Housekeeping and home maintenance services — Housekeeping and home maintenance services. Medical care services Medical care except drugs and prescriptions. Personal care services Personal care services. i and maintenance, recreational services, reading and educational services, personal expenses. WHOLESALE PRICES Type of product Farm Product Processed foods and feeds Industrial commodities Industrial materials and equipment Stage of Processing at wholesale Finished goods Consumer Producer Intermediate materials, supplies, and components Crude materials : as the Wholesale Price Indexes for major groups. The Wholesale Price Stage of Processing Indexes. The Consumer Finished Goods index differs from the Consumer Products index in weighting structure and is based on a larger sample of commodities. 1/ The classification by durable and nondurable commodities is based on CPI classification and is not necessarily the same as the WPI classification in the Indexes by Durability of Product 2/ Same as apparel commodities. _3/ Includes registration and license fees and parking fees. 14 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, Illiriois 60604 450 Golden Gate Avenue San Francisco, California 94102 John F. Kennedy Fed. Eldg. Boston, Massachusetts 02203 911 Walnut Street Kansas City, Missouri 411 N. Akard St. Dallas, Texas 75201 Box 1784 William Penn Annex Philadelphia, Pennsylvania 19105 64106