Full text of CPI Detailed Report : March 1973
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the consumer price index for March 1973 CONTENTS U.S. DEPARTMENT O F LABOR Peter J. Brennan, Secretary BUREAU OF LABOR STATISTICS Ben Burdetsky, Deputy Commissioner Price movements Charts 1—4. Consumer price indexes for all items and major components, and rates of change over 1-, 3-, 6-, and 12-month spans 6 Charts A—B. Percent change for beef, cattle, pork, and hog prices, 3-months ending March, June, September, and December (seasonally adjusted annual rate) 10 Table 1. a monthly report on consumer price movements including statistical tables and technical notes. Page 1 Table 2. Table 3. CPI—United States city average for urban wage earners and clerical workers, by commodity and service groups, and expenditure classes 12 CPI—United States city average for urban wage earners and clerical workers, by commodity and service groups, and expenditure classes 13 CPI—United States and selected areas for urban wage earners and clerical workers, all items most recent index and percent changes from selected dates 14 Table 4. CPI—United States and selected areas for urban wage earners and clerical workers, major groups percent changes from February 1973 to March 1973 14 Table 5. CPI—United States and selected areas for urban wage earners and clerical workers, commodity groups, March 1973, and percent changes from December 1972 15 CPI—United States and selected areas for urban wage earners and clerical workers, food and its subgroups, March 1973, and percent changes from February 1973 ,. 17 Table 6. Table 7. Table 8. Table 9. CPI—United States city average for urban wage earners and clerical workers, food items, March 1973 indexes and percent changes from selected dates 18 CPI—United States city average for urban wage earners and clerical workers, indexes for selected items and groups, March 1973, and percent changes from selected dates 20 CPI—United States average and areas grouped by size of population for urban wage earners and clerical workers, all items and major groups, March 1973, and percent changes from selected dates 24 Price Movements March 1973 The Consumer Price Index rose 0.9 percent in March, to 129.8 percent of its 1967 base. A substantial increase in food prices, due largely to higher prices for poultry and meats, accounted for about two-thirds of the rise in the CPI. Increases for clothing, used cars, and rent and other household services also contributed significantly to the rise. The March index was 4.7 percent higher than it was a year ago. After seasonal adjustment, the March increase was 0.8 percent. Prices of food, including restaurant meals and snacks, rose an average of 2.5 percent after seasonal adjustment. The nonfood commodities index increased 0.3 percent after seasonal adjustment. The services index rose 0.3 percent. as they were under Phases 1 and 2; and controls on rent were removed completely. Food Higher food prices accounted for about three-fourths of the rise in the CPI in the first quarter. Prices of food purchased in grocery stores—the major portion of the total food index—advanced at a seasonally adjusted annual rate of 35.8 percent, after rising at a 6.3 percent rate in the last 3 months of 1972. Price advances accelerated for all major categories of food purchased in grocery stores as well as in food-away from home—restaurant meals and snacks, as the following tabulation shows: 3 months ending Price developments in the first quarter December 1972 In the calendar quarter ending in March, which includes 1 month of Phase 2 and 2 months of Phase 3 of the Economic Stabilization Program, the CPI rose at a seasonally adjusted annual rate of 8.8 percent; in the quarter ending in December, the rate of advance was 3.2 percent. The acceleration was primarily due to a faster rate of increase in the food index which advanced at a seasonally adjusted annual rate of 29.8 percent in the December-March period—the largest increase for any 3-month period since 1951. The index for nonfood commodities increased at a seasonally adjusted annual rate of 3.4 percent in the 3 months ending in March, compared with 1.0 percent in the quarter ending in December. The increase reflected the action of the Price Commission to postpone most of the price increases for new cars from the fourth quarter of 1972 into 1973 and a first quarter acceleration in the price increases for fuel oil and gasoline. The services index increased at a 3.6 percent rate in the December-March period, slightly less than the 3.9 percent rate in the preceding quarter. In mid-January, the Economic Stabilization Program shifted from Phase 2 controls, which required prenotification of wage and price changes for larger economic units, to self-administered controls under Phase 3 for most economic sectors. Phase 2 controls were retained, however, in three areas—medical care, construction, and food (at processor, wholesaler, and retailer levels). Some prices, notably farm products, continued to be exempt, Food at home Cereal and bakery products Meats, poultry,and fish Dairy products . . . Fruits and vegetables Other foods at home Food away from home March 1973 6.3 35.8 5.3 10.8 11.3 4.9 74.8 12.4 2.2 24.5 6.3 16.0 4.0 7.1 The rise in consumer food prices at the wholesale level was even sharper—at a seasonally adjusted annual rate of 45.0 percent—as increases in most categories of food were larger at wholesale than at retail. The most significant increases were in meat and poultry prices. Meat prices began to advance sharply at the wholesale level in late 1972 as supplies, already under pressure from strong demand, were further reduced by severe weather conditions which curtailed livestock marketings. Grain harvesting also was affected by bad weather. Since feed grains were in tight supply due to heavy domestic and export demand, prices of feeds rose sharply. An unusually strong export demand for pork following the dollar devaluation in mid-February was another factor which contributed to smaller meat supplies. 1 Table A. Percent changes in CPI and components, selected periods Changes in all items at seasonally adjusted compound annual rates Changes from preceding month Month All items Unadjusted Commodities less food Food Seasonally Unadadjusted justed Seasonally Unadjusted adjusted Unadjusted 0.2 .2 .2 .3 .3 .2 .2 .4 .2 .4 3.6 3.1 2.1 2.2 3.3 2.9 4.6 4.1 4.2 3.2 3.1 3.2 3.5 2.9 3.2 2.5 3.4 3.7 3.6 3.9 3.5 3.4 3.2 2.9 3.0 2.9 3.3 3.4 3.5 3.4 .2 .4 4.1 6.3 8.8 4.1 5.2 5.9 3.7 3.9 4.7 0.2 .2 .3 .2 .4 .2 .4 .3 .2 .3 0.0 .2 .3 .1 .4 .2 .5 .3 .3 .2 0.2 0 -.1 .6 1.0 .3 .2 .1 .4 .5 0.0 -.1 -.1 .2 .6 .5 .6 .2 1.1 0 0.3 .3 .6 .2 0 .1 .7 .4 .2 .1 0.2 .2 .5 0 .3 .3 .4 -.1 .1 .2 1973: January . . February . March .3 .7 .9 .5 .8 .8 2.1 1.9 2.6 1.9 2.2 2.5 .5 .3 .5 .5 .3 From From From 3 months 6 months 12 months ago ago ago Seasonally adjusted 1972: March April May June July August . . September October . . November. December All of these factors combined to push up livestock and meat prices at an even faster rate in the first quarter of 1973 than in the fourth quarter of 1972. As wholesale price increases were reflected in retail prices, consumer protests intensified and meat boycotts were organized. In late March, the Cost-of-Iiving Council announced a price ceiling on meats sold by retailers and by processors and distributors at the wholesale level. The ceilings do not apply to farmers' sales of live cattle, hogs, sheep, or lambs. Historically, price changes for livestock and meat at all stages of processing have shown a definite relationship to one another. This relationship exists because beef and pork prices are sensitive to the quantity of meat available, as well as the demand for meat. And, the quantity of beef or pork available at the meat counter is closely associated with cattle and hog supplies. Chart A shows the relationship between cattle and beef prices and chart B the relationship between hog and pork prices, (pages 10-11). Percent changes from the first quarter of 1964 to the first quarter of 1973 indicate that the CPI for beef and for pork generally move in the same direction as the WPI for beef and for pork with a lag of 1 to 3 months. The magnitude of change, both upward and downward, in the CPI has usually been smaller than in the WPI. The WPI for pork moved in the same direction as the WPI for hogs, but the degree of increase or decrease has been generally smaller for pork. Large fluctuations in hog prices reflect reversals in hog production cycles which in Services .3 turn are influenced by prices farmers receive for hogs and for corn. Smaller fluctuations in wholesale pork prices in relation to hog prices may be partly due to the fact that, except for fresh pork, supplies of processed products such as ham and bacon can be held in cold storage over a long period of time. In addition, wholesale and retail pork prices are highly responsive to changes in demand and vice versa. On the other hand, both the direction and the rate of change in the WPI for beef and for cattle have been very similar. Since beef products typically are not held in cold storage for long periods, adjustments in beef supplies influence cattle numbers and vice versa. The amount of beef on the market could be increased by dipping into the basic breeding herd for slaughter. However, beef supplies will decline if more than the usual number of cattle are retained for replacement and herd expansion.1 Over the long run, particularly since the early 1960's, beef production has risen sharply—at a much faster pace than cattle numbers—because of the rapid expansion of the fed-cattle industry. In 1972, about 75 percent of the cattle slaughtered came from large-scale feedloss which numbered over 2,000, twice as much as in 1962. The rise in beef production, however, has barely kept pace with the rise in beef consumption. Strong economic growth and rising income in 1972 and early 1973 permitted 1 Blaine W. Bickel "Meeting Consumer Demand for Beef— From Ranch to Roast," Monthly Review, Federal Reserve Bank of Kansas City, April 1 9 1 ~ greater consumption of beef despite rising prices. An exceptionally large increase in wholesale and retail poultry prices in the first quarter of 1973 reflected the shift in demand away from red meats, as well as reduction in supplies due to curtailed slaughter in many areas and the effects of higher food costs. Increased demand and rising costs for dairy and poultry feeds also contributed to higher prices for other meat substitutes such as cheese and eggs. Retail prices for cereal and bakery products rose at a faster rate in the first quarter, as they reflected earlier advances in wheat and flour prices caused by strong domestic and export demand. Wholesale prices for grains declined in the first quarter as a result of aggressive selling of grain stocks by the Commodity Credit Corporation. As a result, the increase in wholesale prices for cereal and bakery products moderated in the first quarter. Unfavorable weather conditions in 1972 and early 1973 were primarily responsible for large increases in prices of fresh vegetables, such as onions and potatoes, and for oranges and coffee. Commodities less food The index for nonfood commodities increased at a seasonally adjusted annual rate of 3.4 percent in the first quarter, up from 1.0 percent in the last 3 months of 1972. See table 1 for seasonally adjusted monthly changes during the first quarter and table 2 for quarterly changes at an annual rate. The behavior of this index in both quarters was influenced by the Price Commission action which resulted in a postponement of most of the price increase for the 1973 model cars from the fourth quarter of 1972 to the first quarter of 1973. Higher prices for new cars also was due to the fact that, because of strong demand, concessions from list prices granted by new car dealers did not increase as much as they usually do in the first quarter. Price increases for imported cars following the mid-February devaluation of the dollar have not yet been reflected in the CPI. Higher prices for fuel oil and gasoline contributed significantly to the rise in the nonfood commodity index in the first quarter. Fuel oil prices advanced sharply, reflecting increases in wholesale prices. Gasoline prices moved up as, in response to tightening supplies, discounts and rebates were eliminated. The increase in retail gasoline prices did not reflect the sharp rise in wholesale prices at the refinery level. These prices moved up strongly as the demand continued to outpace refinery production. The demand for gasoline has been rising because of antipollution devices and airconditioners in cars, production of heavier cars, greater numbers of cars on the road, and more miles driven per car. At the same time, gasoline production has been hampered by refinery breakdowns and shortages of crude oil. Refineries in early 1973 did not start to maximize gasoline output in time to build up stocks as normally is done to meet the peak demand for the summer season. This lag was largely due to the use of refinery capacity and available crude oil for output of heating oil to meet seasonal needs. In early March, mandatory controls were reimposed on the oil industry; in addition, actions were taken to increase the inflow of foreign oil and refined petroleum products through a revision of the oil import program. Among other nonfood commodities, price rises also accelerated for home maintenance and repair commodities and footwear, but moderated for furniture and apparel other than footwear. Prices declined for used cars, tires and tubes, and appliances. The increase in prices of home maintenance and repair commodities stemmed primarily from higher lumber prices. Lumber prices, which rose strongly during 1972, advanced substantially in the first quarter of 1973, as supplies continued to tighten due to a combination of factors: the strong demand created by high rate of housing starts and other types of construction; rail car shortages which slowed deliveries at-various times; and adverse weather conditions in producing areas. During the first quarter, hearings were held by the Cost-of-Living Council on possible controls on lumber prices and steps were taken by the government to speed up production of timber from national forest lands. Higher lumber prices have contributed to a slightly faster rise in wholesale furniture prices since the fall of 1972. The increase in retail furniture prices was modest thoughout 1972 and in the first quarter of 1973. The small rise in retail furniture prices, as well as the decline in appliance prices, appear to be partly due to sales and competitive changes as furniture and appliance retailers attempt to maintain their share of the market in the face of pressure from discount stores. Retail footwear prices rose at a progressively faster rate in 1972, and the increase in the first quarter of 1973 was the sharpest in 3 years. Retail prices have moved up in response to—but not as much as—the rise in wholesale prices. Sharp advances in leather prices were reflected quickly in wholesale prices, particularly in the first half of 1972 and again in the first quarter of 1973. Prices of apparel other than footwear also have been under pressure from sharp increases in prices of all types of textile fabrics. In addition, retail apparel sales have been improving since late 1972. Apparel prices at wholesale and retail rose sharply in the fourth quarter of 1972, but moderated somewhat in the first quarter of this year. Services Prices for consumer services rose at a slightly slower Table B. Percent distribution of monthly price comparisons 1 April to May May to June June to July 80 100 14 11 75 100 22 8 70 100 15 10 75 100 14 12 74 100 13 12 75 100 15 11 74 100 18 10 72 100 13 10 77 100 17 8 75 100 15 11 74 100 24 9 67 100 16 12 72 100 15 13 72 100 14 13 73 100 17 12 71 100 20 11 69 100 7 6 87 100 6 5 89 100 7 10 83 100 8 7 85 100 10 5 85 100 7 7 86 100 8 6 86 100 6 7 87 100 8 7 85 100 2 1 97 100 6 1 93 100 12 5 83 100 100 3 1 96 100 6 4 90 100 7 5 88 100 5 3 92 100 4 3 93 100 11 9 Food at home Increases Decreases No change Services Increases Decreases No change March to April 100 16 7 77 All items Increases Decreases No change Commodities less food Increases Decreases No change 1972 CO CO 00 Item December 1971 January February October November 1971 to to to to to January March February November December 1972 December 1973 1Q79 July August September October Movember January February to to to to to to to January to 1973 August Septembei October November December February March 1972—Continued All items 2 Increases Decreases No change 100 16 11 73 100 15 10 75 100 15 11 74 100 14 11 75 100 14 9 77 100 21 10 69 100 27 9 64 100 26 8 66 Food at home Increases Decreases No change 100 18 13 69 100 16 12 72 100 17 12 71 100 16 12 72 100 17 10 73 100 23 8 69 100 31 10 59 100 30 9 61 100 8 100 6 100 6 100 6 100 7 6 86 100 11 5 84 6 88 5 89 4 90 8 85 100 12 4 84 100 11 5 84 100 3 3 94 100 4 2 94 100 4 5 91 100 4 2 94 100 3 3 94 100 9 27 64 100 5 4 91 100 4 2 94 Commodities less food Increases . . Decreases No change Services Increases Decreases No change Regulations of the Economic Stabilization Program permit certain types of increases, but it is not possible to determine whether allowable increases accounted for all increases shown in the table. Based on approximately 98,000 individual quotations. rate in the first quarter than in the fourth quarter of 1972. Among the five major components of the services index, transportation services declined at a faster rate than they did in the fourth quarter, and medical care services and household services less rent increased at a slower rate. The rent and other service components rose more rapidly than they had in the final quarter of 1972. (See tables 1 and 2.) In the transportation services component, local-transit fares edged down slightly, auto insurance charges continued to decline as no-fault insurance was introduced in some more States, and auto registration fees fell. However, charges for auto repairs and parking fees rose sharply. The first quarter increase in the medical care services component was considerably smaller than the increase in the fourth quarter, which reflected the effects of the annual adjustment for retained earnings of health insurance companies. Since health care is one of the areas in which Phase 2 regulations have been retained the annual increase in physicians' fees is still limited to 2.5 percent and hospital charges to 6.0 percent. The rise in the index for household services less rent was slower in the first quarter of 1973 than in the fourth quarter of 1972 mostly because of a smaller increase in property taxes. Charges for home repair and maintenance services rose sharply, at the same rate as they did in the fourth quarter of 1972, and the increase for domestic services was twice as large.*. Among utilities, the rise in telephone charges remained moderate, reflecting a 1 percent decline in the Federal excise tax, but charges for resi- dential electricity and gas services rose substantially and at a faster rate than they did in the fourth quarter. The increase in rent in the first quarter was the largest in 2 years. Among other services, charges for personal care services rose at a 7.9 percent annual rate, accelerating from a 5.3 percent rate in the fourth quarter of 1972. The rate of advance in charges for apparel services in the first quarter was 3.0 percent, less than the 4.3 percent rate in the preceding quarter. Diffusion of individual price changes Approximately 120,000 individual prices were collected directly by the Bureau of Labor Statistics in March for use in the index. Approximately 80 percent of these quotations represent monthly comparisons. As can be seen from table B, 66 percent of these monthly comparisons were unchanged, 8 percent decreased, and 26 percent increased from February to March. The proportion of prices increasing in March was slightly smaller than the proportion in February for the three major components of the index—food, nonfood commodities, and services. The March index also includes 24,000 price comparisons to March from periods before February, 19,000 of which cover the quarterly span from December to March. About 19 percent of these increased—considerably more than in the November—February period. In addition, about 5,000 rental units were surveyed in March and 20 percent of these reported rent increases from September 1972. CHflRT 1. flLL ITEMS INDEX ( flND 1967 I T S RflTE - 100 OF C H R N 6 E 1964-73 ) SEMILOG MRR 129.8 135 130 125 120 115 110 105 CPI flLL ITEMS INDEX (NOT SEflSONflLLY flDJUSTED) 100 95 90 PERCENT CHflNGE OVER 1-MONTH SPflN (SEflSONflLLY flDJUSTED) 85 RRITri. SCALE — 0.7 — 0.6 — 0.5 — 0.4 _ 0.3 — 0.2 — 0.1 — 0.0 — -0.1 MflR 8.8 PERCENT CHflNGE OVER 3-MONTH SPflN (flNNUflL RflTE, SEflSONflLLY flDJUSTED) RRITHSCflLE 8 6 4 2 0 PERCENT CHflNGE OVER 6-MONTH SPflN (flNNUflL RflTE. SEflSONflLLY flDJUSTED) MflR 5.9 8RITH. sc PERCENT CHflNGE OVER 12-MONTH SPflN 1/ MflR 4-7 J 1964 1965 1966 1967 1968 1/ Computed from the unadjusted s e r i e s . UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS 6 1969 1970 1971 1972 1973 flRITH. SCALE 8 ChflRT 2. COMMODITIES LESS FOOD INDEX flND ITS RRTES OF CHflNGE 1964-73 ( 1967 = 100 ) SEMILOG 140 135 MflR 121 .7 CPI COMMODITIES LESS FOOD INDEX (SEflSONflLLY flDJUSTED) 130 125 120 115 110 105 100 95 90 PERCENT CHflNGE OVER 1-MONTH SPflN (SEflSONflLLY flDJUSTED) MflR 0.3 — — — — — — — — — — _ 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0 -0.1 -0.2 -0.3 PERCENT CHflNGE OVER 3-MONTH SPflN (flNNUflL RflTE. SEflSONflLLY flDJUSTED] flRITH* SCflLE 6 PERCENT CHflNGE OVER 6-MONTH SPflN (flNNUflL RflTE. SEflSONflLLY flDJUSTED) flRITH SCflLE 6 MflR 2.2 flRITHSCRLE 6 PERCENT CHflNGE OVER 12-MONTH SPflN MflR 2.8 1964 1965 1966 1967 1/ Computed from t h e u n a d j u s t e d s e r i e s . UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS flRITH. SCflLE 1968 1969 1970 1971 1972 1973 CHART 3. TOTAL FOOD INDEX flND ITS RflTES OF CHANGE 1967 = 100 ) SEMI- I OG 140 135 130 125 120 115 110 105 100 95 90 1964-73 CPI TOTflL FOOD INDEX (SEASONALLY ADJUSTED) PERCENT CHANGE OVER 1-MONTH SPAN (SEASONALLY ADJUSTED) PERCENT CHANGE OVER 3-MONTH SPAN (ANNUAL R A T E . SEASONALLY ADJUSTED) flRIThU SCflLE 12 10 8 6 4 2 0 -2 PERCENT CHANGE OVER 6-MONTH SPAN (ANNUAL R A T E . SEASONALLY ADJUSTED) -4 flRITH. SCflLE 8 T CHANGE OVER 12-MONTH SPAN 1 / • 11.1 i i 11 i l 111111 i i i • 111111111111111.111111111 j 111111111111111111111 i i 11111111111111111111111> 11111 i l 111111111111 i i 11 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1/ Computed from the unadjusted s e r i e s . UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS 8 1 1 1 0 0.6 0.4 0.2 0.0 -0.2 -0.4 -0.6 CHflRT 4. SERVICES INDEX RND ITS RflTES OF CHflNGE ( 1967 = 100 ) 1964-73 riRR 136.5 SEMILOG 140 135 130 125 120 115 110 105 100 95 90 CPI SERVICES INDEX (NOT SEflSONflLLY flDJUSTEDJ I RRITH. SCflLE PERCENT CHflNGE OVER 1-MONTH .SPflN (NOT SEflSONflLLY flDJUSTE! —. — —i MflR 0.3 — , — — — , — — — flRITH. SCflLE 12 1.1 1 .0 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0 -0.1 PERCENT CHflNGE OVER 3-MONTH SPflN (flNNUflL RflTE, NOT SEflSONflLLY flD^JSTED) 10 8 MflR 3.6 6 4 2 0 flRITH. SCflLE -i 10 PERCENT CHflNGE OVER 6-MONTH SPflN (PNNUflL RflTE. NOT SEflSONflLLY flDJCTSTED) hflR 3.8 flRITH. SCflLE PERCENT CHflNGE OVER 12-MONTH SPflN MflR 3.4 , i l , , l , , l , , l , , l , , l , , l ,,!,,! , , l ,.!,, I ., I ,, I , , ! , , ! , , ! , , ! , , l , , l , , I , , I i , l , i l 1964 1965 1966 1967 UNITED STATES DEPARTMENT OF LABOR BUREAU OF LABOR STATISTICS 1968 1969 1970 1971 1972 1973 CHflRT R . PERCENT CHANGE FOR BEEF flND CflTTLE P R I C E S , 3-MONTHS ENDING M R R C H , J U N E . S E P T E M B E R , DECEMBER (SERSONRLLY RDJUSTED RNNURL R R T E ) WPI BEEF CflTTLE flRITH. SCflLE 120 100 WPI CATTLE WPI BEEF 80 60 40 A 20 0 7—U \7 -20 -40 -60 CPI + WPI BEEF + VEflL flRITH. 100 80 — CPI BEEF AND VEAL —WPI BEEF AND VEAL 60 A n A /\ 40 A. 20 0 \/ 7 V\ \! -20 -40 -60 1964 1965 1966 1967 1968 10 1969 1970 1971 1972 1973 CHflRT B. PERCENT CHflNGE FOR PORK FIND HOG PRICES, 3-MONTHS ENDING MARCH, JUNE, SEPTEMBER, DECEMBER (SEflSONRLLY ADJUSTED ANNUAL RATE) WPI flRITH. SCflLE 120 PORK + HOGS r- WP HOGS WPI PORK V V CPI + WPI PORK flR SC CPI PORK WPI PORK 120 - 100 - 80 - 60 - 40 - 20 - 0 - -20 - -40 V \l _ -60 I 1964 1965 1966 I 1967 I I I I 1968 11 I 1 I I 1969 1970 i I i I i 1971 I i 1 i 1972 1 i I 1973 Table 1. Consumer Price Index—United States city average for urban wage earners and clerical workers, by commodity and service groups, and expenditure classes Group Relative importance December 1972 Unadjusted indexes 1967-100 unless otherwise noted March February 1973 1973 percent change to March 1973 from— February March 1972 1973 Seasonally adjusted percent change from December January January to February February to to March 2.2 2.4 1.3 5.0 1.8 2.4 .1 .4 2.5 3. 1 1.0 6.0 .5 1. 5 1. 1 Commodity and service groups All items All items (1957-59 = 100) Commodities Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other foods at home Food away from home Commodities less food Nondurables less food Apparel commodities ' Men's and boys' Women's and girls' Footwear Nondurables less food and apparel — Gasoline and motor oil Tobacco products Alcoholic beverages Fuel oil coal Other nondurables Durables commodities Household durables New cars Used cars Other durables Se rvice s Rent Services less rent Household services less rent Transportation services Medical care services Other services Special indexes: All items less food Nondurable commodities Apparel commodities less footwear Services less medical care services Insurance and finance Utilities and public transportation Housekeeping and home maintenance service Appliances (including radio and T. V. ) 62.552 22.492 17.494 2.243 6. 016 2.685 2.999 3.552 4.998 40. 059 23.415 8. 960 2.799 3.982 1. 572 14.455 2.902 2. 103 2.459 .655 6. 335 16.644 4 . 772 2. 060 2.056 7.756 37.448 5.059 32.389 15.486 5.473 5.575 5. 855 77.508 45.907 7. 388 31. 873 9. 829 5.522 4.502 129.8 150.9 126. 1 134.5 134.2 119.0 152.7 121.5 136. 8 123.2 135.7 121.5 128.6 149. 5 124.5 131. 1 130. 1 117. 8 142. 8 121.0 133. 3 123. 1 134.7 120. 9 121.6 123. 8 123. 3 123.3 127.6 120.4 112.4 134.5 121.2 127. 2 119. 1 127. 9 126. 2 123. 1 135. 3 145.7 12 8.5 148.4 105.5 0.9 5.3 1. 3 2.6 3. 2 1.0 9.9 11. 3 3.7 20.4 3.6 12.7 5.6 4.9 2.8 122.4 125.2 124. 6 125. 1 128.7 120.8 113.0 135.5 121.3 127. 8 119. 3 120.2 116.9 110. 8 113.7 127.4 119.9 116. 3 111. 0 112.4 127. 3 136.2 122. 1 13 8. 7 142. 8 136. 1 141.5 12 8.6 4.7 2.9 3.0 3.6 2. 1 4.2 3. 0 5.3 2. 3 Z.O 7.7 2. 1 6.9 .4 1.9 2. 3 . 3 3. 3 .7 2.6 . 1 .7 .5 .7 1. 1 1. 1 1.5 .9 . 3 . 5 . 7 136.6 122.6 139.2 143.2 136. 3 142.2 129.2 2.5 2.5 -.8 9.4 1.9 3.4 3.9 3.4 4.1 .7 3.9 3.6 . 1 .5 .2 . 3 .5 -.2 1.2 . 1 .3 .4 .4 . 3 . 1 .5 .5 128.4 128. 3 124.5 135. 8 145.7 128.9 149.4 105.4 3. 1 6.4 2.6 3.4 2.2 3.3 4.9 -.4 .4 1.7 1. 1 .4 0 . 3 .7 -. 1 .9 .5 0 -. 3 .2 -. 8 -. 1 . 3 .3 *0 *. 2 .4 . 1 -.2 0 1.0 -1.9 -.2 *. 2 *.4 *. 2 .6 -1. 0 .3 .2 .6 .3 -. 1 .4 .9 .7 1.2 *. 2 *.4 5.4 .3 .3 .2 -. 1 *-.4 .2 *.4 *.5 *. 3 .6 *-. 1 .2 .6 0 1.0 -. 3 *.2 -. 2 .4 .5 .5 .9 .6 1.2 .5 .3 -.3 *. 7 *. 1 .7 .1 .3 .3 .3 *1.2 .2 *. 3 *.4 *.4 -. 1 . 1 .2 .3 .2 1.6 .8 *.4 -.3 .2 .4 Expenditure classes All items Food Hous ing Shelter 2 Rent Homeowner ship 3 Fuel and utilities 4 Gas and electricity Household furnishings and operation Apparel and upkeep T ranspo rtation Public Health and recreation Medical care Personal care Reading and recreation Other goods and services Special indexes: All items less shelter All items less medical care All items less mortgage interest costs — CPI — domestically produced farm foods 5 CPI - selected beef cuts 6 Purchasing power of consumer dollar: 1967- $ 1.00 1957-59=$ 1.00 12 8.6 4.7 16.355 4. 708 2.434 7.321 10. 370 13. 134 11.665 1.469 19.768 6.447 2. 573 5.656 5.093 131. 1 132. 0 137. 3 122. 1 142. 9 124. 1 124.5 122.6 123. 6 121. 1 118.7 144. 3 12 8. 1 135.3 122.4 124. 3 127. 1 134.5 132. 3 137.7 122.6 143.2 124.6 125.0 123.0 124. 8 121.5 119. 1 144.5 128.6 135. 8 123.1 124.5 127.6 78. 170 93. 553 96.298 15.519 2.060 126.4 128.2 127. 8 130.4 151.5 127. 8 129.5 129.0 134.9 159.1 22.492 33. 859 21. 830 5.059 0.9 0.5 0. 8 2.5 3.4 3.7 3.9 3.6 4.4 4. 5 2.4 .2 . 3 .4 .2 .4 .4 .3 1.9 *. 2 .2 *.4 . 3 . 8 1. 3 .2 2.6 2. 8 1.5 .3 .3 .1 -.5 -.5 -.7 2.9 3.3 3.7 2.3 2.4 .4 .4 .6 .2 .4 4.9 4.8 4.7 12.0 16.3 1. 1 1.0 .9 3.5 5.0 *. 5 .5 *.5 .4 1.1 . 1 .1 *. 2 -. 1 *.4 -. 3 .3 *. 2 .3 .3 0 .3 .5 .4 . 1 *.2 .1 .6 .4 .5 .4 .3 -.6 *.4 .1 .4 .2 .6 .6 .5 .4 2.7 5.0 .9 .9 .9 2.5 7.0 .9 .9 . 8 3.5 5.0 .6 . 2 $0. 778 .669 rup, ex weight for sugar. rom the CPI beef and veal component by excluding veal cutlets and beef l lly adjusted. NOTE: Index applies to month as a whole, not to any specific date. 12 and Table 2. Consumer Price Index-United States city average for urban wage earners and clerical y orkers, by commodity and service groups, and expenditure classes Group Seasonally adjusted annual rate Percent changes for 6 months ending in 3 months ending in Seasonally adjusted indexes (1967=100) December 1 January February I March June JSeptemberjbecember March 1973 I 1972 1 1973 1972 1 1972 I 1972 I 1973 1973 Commodity and service groups All items Commodities Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other foods at home Food away from home Commodities less food Nondurables less food Apparel commodities 1 Men's and boys' Women's and girls' Footwear Nondurables less food and apparel Gasoline and motor oil Tobacco products (not seasonally adjusted) Alcoholic beverages (not seasonally adjusted) Fuel oil and coal Other nondurables Durables commodities Household durables New cars Used cars (not seasonally adjusted)Other durables Services (not seasonally adjusted) Rent (not seasonally adjusted) Services less rent (not seasonally adjusted) — Household services less rent Transportation services Medical care services Other services Special indexes: All items less food Nondurable commodities Apparel commodities less footwear Services less medical care services (not seasonally adjusted) Insurance and finance Utilities and public transportation Housekeeping and home maintenance service 126.4 134.8 134.5 119.0 152.7 121.7 136. 8 123.3 136.0 120.7 121.3 124. 1 124.4 123.7 126.9 119.7 111.7 124.9 131.5 130.5 117. 8 144. 0 121. 1 134. 8 122. 0 134. 8 121. 3 122. 0 124.5 124.3 124.2 12 8. 0 120.5 113.0 134.2 134.2 134.5 135.5 120.5 119.4 118. 8 120. 1 116. 3 108.9 115. 0 127.2 120.7 119.9 118.9 121.2 126.4 119. 2 120. 3 116.5 109.9 112.4 127.2 122. 8 126.3 124. 6 116.0 132. 8 118.2 129. 5 118. 8 133.7 120.7 121. 3 124.5 124.2 124. 7 127. 0 119.4 111.4 123.6 128.7 127.5 116.3 137.2 119.0 131.7 121.9 134.2 121.7 122.6 125.6 125.0 125.7 128.7 120.9 112.7 2.2 2.0 0 -1.3 -.7 -2.5 -2.0 4.4 0 4. 1 3.6 1.7 -.4 4. 6 5.4 7.0 7.9 -.3 10. 9 -.3 21.4 .7 4. 3 4. 1 3.7 2.6 3.0 2. 3 3.6 4.5 17. 5 3.2 2.3 5.2 6.3 5.3 11. 3 4.9 Z.Z 6.3 4.0 12.3 29. 8 35.8 10. 8 74. 8 12.4 24.5 16.0 7. 1 1. 0 2.3 4.6 6.0 4.6 4.2 .7 .4 3.4 4.4 3.6 2.6 3.2 5.5 5. 1 4. 8 .7 .3 3.5 3.7 .3 1.4 3. 1 2.8 3.6 35.0 4.2 5.9 2. 8 4.0 5. 8 4.2 1.0 3.4 1.7 -1.0 2. 1 -14.4 5.0 -1.2 2.7 29.2 3. 1 3.4 3.3 4.4 3.3 3.9 1.6 3. 0 3.1 3.0 2.6 4.2 1. 8 4.2 3.9 3.7 3.9 5.2 -.6 7. 1 3.8 Septembt 1972 3.4 3.7 3.5 3.2 -.5 4.0 -1.2 12.6 .3 4.2 3.4 March 1973 5.9 7.2 16.9 20.2 8.0 39.5 8.6 12. 8 11. 1 5. 5 2. 8 .3 3.6 3. 1 8.2 2.2 3.3 4. 1 4. 3 3.9 4. 8 2.9 2.5 2.2 .3 2.4 4.5 2. 8 3.8 19.5 4.2 3.1 3.2 3. 1 3.5 3.7 2. 8 2.9 1. 8 15.6 1. 7 .5 2. 1 -5.2 .2 -. 3 3. 8 4.6 3. 7 4.6 -2. 3 5.0 4. 3 .6 1.9 135.4 121.0 13 8. 0 141. 8 136.9 140.9 127. 8 119.9 116.3 110.0 112. 8 126.9 135.7 121.5 138.3 142.6 135.5 141.3 128.1 136. 2 122. 1 138.7 143.4 135. 3 141. 6 128.9 121.3 127.3 119.3 120.7 116.9 110.2 113.7 127.4 136.6 122.6 139.2 143.2 135.5 141.9 129.3 127.5 123.7 124. 0 127.5 124. 9 123.6 128.2 126. 6 124. 0 128.5 128.6 125.0 3.2 .7 .3 2.5 3.3 3. 2 16. 8 3. 3 3.4 3.2 1.3 2. 9 9.8 4.0 134.6 145. 7 127.6 147.4 134.9 145.4 128.1 148.2 135. 3 145. 8 128.2 148. 8 135. 8 145.5 128.5 149.4 3.4 4.6 3.9 4.9 3.6 2.8 3.6 -. 5 2.9 5.5 3.2 3.7 3.6 4.0 3. 6 1. 0 3.0 5.9 8. 8 29. 8 3.4 5.9 3.5 16. 8 3.6 4.4 4.4 3.3 3.0 4.6 2.4 6.0 6.0 6.2 1.7 2.0 2. 1 4.9 -4.4 .6 3.6 5.4 3.5 4. 0 -4. 0 Expenditure classes All items Food Housing (not seasonally adjusted) Shelter 2 Rent (not seasonally adjusted) Homeownership 3 Fuel and utilities 4 Gas and electricity Household furnishings and operation Apparel and upkeep T ranspo rtation P rivate Public Health and recreation (not seasonally adjusted adjusted) Medical care Personal care Reading and recreation Other goods and services Special indexes: All items less shelter All items less medical care All items less mortgage interest costs CPI — domestically produced farm foods (not seasonally adjusted) CPI — selected beef cuts (not seasonally adjusted) 1 2 3 4 126. 3 131. 2 136. 7 121. 0 142.5 121.7 122.4 122.4 124. 1 121. 2 118. 9 145.2 123.9 120.6 118.3 144.2 131. 5 132. 0 137.7 122. 1 143.5 124. 0 124. 1 122.7 124.2 121.2 118. 8 144. 3 134. 8 132.3 137.6 122.6 143. 1 124.4 124. 8 123.0 125. 1 121.7 119.2 143.4 127. 5 134. 8 121.5 124. 0 126. 2 127. 8 135.2 121.9 124. 0 126.6 12 8. 1 135.4 122.6 124. 5 127. 1 124. 8 126. 8 126.4 125.6 127.4 126.9 128.7 131.4 137.0 121.5 142.9 122.7 124.0 122.6 2.2 4.6 3.2 0 7. 0 5. 2 3. 8 3. 1 3.4 4.2 3.3 3.7 5.4 3.5 4.6 3.4 4.7 3. 1 2.7 2.7 4.0 2.7 1. 9. 8. 2. 1.3 3. 3 4.0 3.3 2.3 3.6 2.4 9.4 1. 7 1. 0 -4.9 5.8 6.5 4.4 -0. 5 -0. 8 -1.2 3.5 2.9 2.6 4. 1 5.0 2. 7 2. 1 11. 1 2.6 6.3 128.6 135.5 123. 1 124.7 127.9 3.6 3.7 4.5 3.0 3.9 Z.Z 1.5 1.7 3.0 2.2 6.2 3.4 1.0 -0.6 126.7 128.5 12 8. 1 127.9 129.6 129. 1 2.0 2.6 2.3 4. 3 127.2 130.4 134.9 141.6 151.5 159. 1 13 2. 1 2.9 3.0 2.5 2. 3 2.9 3. 1 1. 3 5.4 2.3 5.5 3.0 1.6 4.4 1.6 3.4 4.6 4.6 3.3 2.9 3.2 10.3 9. 1 8. 8 3.1 3.6 3.4 6.7 6.0 6.0 0. 7 6. 8 4.0 41.0 3.7 21. 1 7.7 7.4 4.6 93.5 0.4 35.9 Also includes infants' wear, sewing materials, and jewelry not shown separately. Also includes hotel and motel rates not shown separately. Includes home purchase, mortgage interest, taxes, insurance, and maintenance and repairs. Also includes residential telephone, fuel oil, coal, water, and sewerage service not shown se parately. 3. 1 3. 0 7 2 1 0 4. 8 3.4 2.4 3. 1 2.6 2.6 2.5 NOTE: Index applies to month as a whole, not to any specific date. 2. 7 Table 3. Consumer Price Index—United States and selected areas for urban wage earners and clerical workers, all items most recent index and percent changes from selected dates Pricing schedule 2 1967= 100 1957-59= 100 Percent change from: Other bases March 1972 March 1973 U.S. city average Chicago Detroit Los Angeles—Long Beach N. Y.-Northeastern N. J Philadelphia M M M M M 129.8 150.9 4.7 129. 0 131. 1 126.4 136.5 132.5 146.6 150.6 148.6 162.4 154.8 4.7 4.9 4.4 4.9 5.3 129.7 127. 2 127. 8 127.2 155.4 145.5 148. 1 146. 3 Buffalo Cleveland Dallas Milwaukee San Diego Seattle Washington 130.3 129.9 127. 7 127. 0 128.2 123. 1 130. 7 146.6 143. 4 0.9 0.6 .6 .5 .6 February 1972 3 143.2 3 138. 1 4 134. 7 November 1972 4.3 3.2 3.2 3.9 5.0 3.4 4.8 144. 7 152.2 1. 3 1.6 1.6 1.6 1. 1 1.6 December 1972 March 1972 Atlanta Baltimore Cincinnati Honolulu Kansas City St. Louis San Francisco—Oakland 130. 1 131. 9 129.8 126. 0 127.4 126.2 128. 7 5. 1 5.6 5.5 2.9 4. 1 4.5 4.9 149. 7 153. 1 147.3 151.3 147.4 153. 1 1.2 1. 1 .7 1.2 1.5 October 1972 3.9 3. 2 3.2 3.2 February 1973 February 1973 2.3 2.2 1.6 2. 1 2.8 January 1972 January 1973 Boston Houston Minneapolis—St. Paul -Pittsburgh December 1972 1.9 3.0 2.6 1. 3 1. 5 2.0 1.9 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 I960 Census and do not include revisions made since I960. 2 Foods, fuels, and several other items priced every month in all cities; most other goods and services priced as indicated: M—Every month. 1—January, April, July, and October. 2—February, May, August, and November. 3—March, June, September, and December. 3 4 5 November 1963= 100. February 1965= 100. December 1963= 100. NOTE: The Consumer Price Index cannot be used for measuring differences in living ;osts among areas; it indicates price change within eas. Estimates of differences in living costs among areas are found in the family budgets. Table 4. Consumer Price Index—United States and selected areas * for urban wage earners and clerical workers, major groups percent changes from February 1973 to March 1973 Group U.S. city All items 0.9 Food Housing Apparel and upkeep Transportation Health and recreation Medical care Personal care Reading and recreation — Other goods and services 2.6 .2 1.0 .3 .4 .4 .6 .2 .4 Chicago 2. 1 1.0 2.6 .5 .1 .4 (2) -.2 -. 2 See footnote 1, table 3. Not available. 14 3. 1 .2 1.3 .2 .8 1.5 (2) .7 .3 Los AngelesLong Beach New YorkNortheastern New Jersey 1.2 1.5 1.6 2.5 .4 3.2 .1 .3 -. 2 3.3 1.0 2. 1 0 .5 1.2 (2) -.4 .4 -. 1 2.2 . 2 .7 .4 .5 2 Philadelphia Table 5. Consumer P r i c e Index—United States and selected a r e a s l for urban wage earners and clerical workers, commodity groups, March 1973, and percent changes from December 1972 U. £>. city average Group Chicago Detroit Los AngelesLong Beach New YorkNortheastern New Jersey Philadelphia Indexes (1967= 100) All items 129.8 129.0 131. 1 126.4 136. 5 132.5 Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home Food away from home 134.5 134. 2 119.0 152.7 121. 5 136.8 123. 2 135.7 135.2 135. 7 123.9 153. 1 121. 8 134.6 124.2 133. 1 135. 1 135.8 123.8 157.3 119. 3 127.4 124. 0 132.5 129. 8 131. 1 115.4 152. 8 119.5 127.5 121.9 125. 9 139.0 137.6 119.9 152.2 124. 6 144.3 126. 2 143.8 136.5 135. 5 120. 5 152.4 122.6 141.3 122. 1 140.5 Housing Shelt e r Rent, residential Home owne r ship Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation 132.3 137.7 122. 6 143.2 124.6 127.8 125.0 123.0 127. 0 131.3 120. 1 136.3 118. 5 123.4 119. 3 119.3 135.0 144.4 129. 7 132.6 120. 3 136.3 128. 1 134.5 120.3 141.0 148. 1 (2) 159. 2 130. 1 128.4 130. 3 129.0 134.8 144. 5 127.6 149.0 122. 6 121. 0 128.5 124.5 Apparel and upkeep Men1 s and boys' Women1 s and girls' Footwea r 124.8 124. 6 125. 1 128. 7 125.6 120. 3 132.7 122.9 121.9 120. 3 118.9 131.6 122.6 119.5 126.4 127.7 125.6 127.4 123. 7 127. 1 125. 1 123.4 123.4 131.4 Transportation Private Public 121.5 119. 1 144.5 125.2 119. 6 160.5 120.6 118.2 148.5 120.7 120.9 117.3 134. 1 126. 5 163.3 125.9 123. 0 143.5 Health and recreation Medical care Personal care Reading and recreation Other goods and services 128. 6 135.8 123. 1 124.5 127. 6 129.4 135.2 123. 6 125.4 130. 3 132.5 146.4 (2) 126.8 124. 3 123.0 132.7 118.8 115. 1 120.8 133.9 143.0 (2) 128.6 135.2 132. 8 146.6 (2) 127. 5 128.9 2 ( ) 148.8 119. 8 125.2 121. 3 116. 1 Perc snt changes Deceniber 1972 to Marc h 1973 All items Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home Food away from home Housing Shelter Rent, residential Home owne r ship 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' Footwea r T 2.0 2.3 2.2 1.6 2. 1 2.8 6.7 8. 1 2.8 16.4 2.7 7.5 2.5 1.5 6.8 8.2 5.3 15.2 3.0 6.3 1.8 1.3 7. 7 9.3 5.3 17.4 4.0 6.0 2. 1 1.3 5. 7 7.4 1. 8 17.0 3.0 2. 1 3.2 1. 1 6.2 7.8 2.0 13. 7 2. 1 8. 8 3.2 1. 7 7.6 9.3 2.3 17. 0 2. 1 11. 2 3. 7 1.3 .5 . 5 .4 .4 . 2 .5 . 5 1. 1 .7 (2) -. 1 3.9 . 2 2. 7 -1. 7 .8 . 7 1.3 .4 2. 2 7.0 2.0 .6 -. 2 -.2 -1.0 1. 1 .2 . 2 3 1.2 1. 1 3. 4 -.4 2. 3 7.9 2.8 1. 1 _. 7 1. 7 9.9 1. 1 -.4 3 6.6 5.3 . 7 1.9 .9 .9 -.9 3.3 1.3 1. 7 3.5 .9 .9 1. 7 1.3 2.0 2.2 0 -.5 -.5 0 0 .6 1.5 2. 2 (2) 1. 1 1.5 1.4 . 9 .4 1. 1 0 (2) . 6 1.6 Transportation Private Public 0 -.2 -. 3 0 Health and recreation Medical care Personal care Reading and recreation Other goods and services . 9 1. 0 1. 3 . 4 .9 1. 2 0 .8 . 2 See footnotes at end of table. -.3 -.6 (2) 15 .6 1.9 .6 0 . 1 1. 8 1.9 3 .6 2. 1 2.9 6.3 3. 1 1.0 2. 1 -. 2 4.0 1. 5 -.4 -.4 0 . 8 1.3 (2) 0 .9 Table 5. Consumer Price Index—United States and selected areas 1 for urban wage earners and clerical workers, commodity groups, March 1973, and percent changes from December 1972—Continued Kansas City Group San FranciscoOakland St. Louis Indexes (1967= 100) A l l itpm<? 130. 1 131.9 129.8 126.0 127.4 128.7 126.2 136.4 136. 2 121.5 155. 6 125.4 141.4 123. 2 137.0 137.0 137.5 118.6 154.9 123.5 143.3 126.0 135. 0 136.0 137.0 122.2 153. 9 126.0 138.0 126.6 132.5 129.6 128. 1 107.8 140. 3 125.0 132.0 121. 3 133.8 133.3 133. 2 121. 1 151. 0 131.4 126. 1 122. 6 133.4 131.6 132.5 111.7 150. 5 119.9 132.3 125. 8 128.4 132.9 132.2 124.3 145.9 121. 8 139. 1 118. 7 135.8 135. 3 139.9 118.8 146. 2 4 132.0 126.7 131.8 110. 8 141.4 123. 2 127.4 133.4 130. 8 135. 1 112.2 127.2 131.9 112. 0 139. 6 120. 4 134. 1 139.3 131.6 143. 2 124.0 129. 5 126.7 135. 8 144.6 114. 7 157.2 121. 7 122.8 120.4 124.8 119.9 115.7 106.4 116. 1 119.5 119.4 124.7 122. 1 124. 1 125.4 109.7 129. 7 124.6 137.0 124.9 121. 0 122.0 128.6 118.5 119. 0 127.5 136.8 117.9 137. 3 126.2 126. 0 124.4 136. 3 122. 7 114. 8 125.2 120. 6 129.2 126. 2 132.7 134. 7 124. 6 123.0 126. 3 125.9 120.6 113.2 123. 1 130.2 114.5 117. 2 79.2 118.9 118.4 121. 6 127.0 120.0 181. 2 123. 8 125.8 113. 0 121.4 120. 2 141.3 121. 1 120. 3 133.6 123.3 121.2 145.3 130. 9 142.2 128.0 126. 1 120.9 131. 1 146. 7 124.4 126.3 124. 8 130. 5 142.3 131.4 122.2 126. 7 122.9 131.2 121.2 121.9 116. 0 127.2 134. 1 121.9 119. 2 131.5 124.4 131.0 120.0 120.6 121.4 125.8 128.6 125.6 119. 7 128.5 - - - - Food jf o o u e t c n o i x i e ——»—»*——~—»~——~—.———-————•—•-——••.——»——«—— Cereals and bakery products Meats, poultry.and fish Dairy products Fruits and vegetables Other food at home Food away from home Housing Shelter Rent, residential Homeowner ship 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' T ran spo rtation Private Public - ^ Health and recreation Medical care Personal care Reading and recreation Other goods and services 5 6 Percent changes December 1972 to March 1973 1.9 3.0 2.6 7. 3 8.9 3. 1 20.2 3. 2 4. 7 2.6 2. 7 7. 3 9.0 3. 0 17.2 2.5 9.6 2. 2 . 7 7. 1 8. 5 4.4 17.6 3.0 5. 3 2.6 2. 3 Housing Shelter Rent, residential Homeowne r ship Fuel and utilities Fuel oil and coal Gas and electricity Household furnishings and operation .7 .2 . 7 .1 3.6 5. 9 . 3 2. 5 3.0 .7 3. 8 2. 3 6.3 -. 5 1. 0 Apparel and upkeep Men' s and boys' Women' s and girls' Footwea r . 7 -. 1 .6 2. 3 2. 7 8.0 .4 1.6 Transportation Private Public -. 1 -. 1 0 Health and recreation Medical care Personal care Reading and recreation Other goods and services .6 2. 1 .4 All items Food Food at home Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other food at home Food away from home 1 2 3 4 5 6 .9 1.2 .4 1. 4 1. 5 1.9 2. 0 2. 2 3.0 -1. 2 9.5 3.6 -5.4 1.8 .2 5.9 7. 3 2.8 16.4 3.2 5.4 1. 3 1.2 6.2 7. 9 -1.0 16.6 2.6 6.2 3. 2 .5 6.3 7. 6 3. 1 14. 6 .8 9.4 2.4 . 7 1. 1 1. 1 1.2 1. 0 1. 3 0 -.6 .4 -1.0 1. 7 1.4 1.5 .8 1.8 .2 . 2 1. 2 1.9 4. 7 1.5 . 7 .3 .3 . 2 3.9 11. 0 1.7 .3 1. 1 4. 4 . 2 1. 5 -1.9 3. 1 .4 -1.0 . 2 1. 5 . 6 . 6 1.9 -.5 1. 1 1.8 3.0 1.2 2.2 .6 . 1. . . 1. 6 0 1 2 0 . 1 -1.4 .4 -.9 -1.0 0 1. 1 1.7 .6 . 6 1. 2 1. 2 1. 2 . 7 1. 1 1.8 See footnote 1, table 3. Not available. Change from January 1973. Revised indexes: December 1972, 128. 1; January 1973, 132. 3; February 1973, 132.6. Revised indexes: March 1972, 111. 3; June 1972, 112. 2; September 1972, 113. 7; December 1972, 114. 6; 1972 annual average, 113.0. Revised indexes: March 1972, 113. 9; June 1972, 114. 7; September 1972, 116. 3; December 1972, 117. 3; 1972 annual average, 115.3. 16 2. 9 -. 2 1. 5 -. 1 -.3 1.3 Table 6. Consumer Price Index—United States and selected areas for urban wage earners and clerical workers, food and its subgroups, March 1973, and percent changes from February 1973 Food at home Total food Cereals and bakery products Meats, poultry, and fish Dairy products Fruits and vegetables Other foods at home Food away from home Indexes (1967= 100) U. S. city average 134.5 134. 2 119. 0 152.7 121. 5 136.8 123.2 135.7 Atlanta Baltimore Bo ston Buffalo Chicago Cincinnati Cleveland Dalla s Detroit Honolulu Houston Kansas City Los Angeles-Long Beach Milwaukee Minneapolis-St. Paul N. Y.-Northeastern N. J Philadelphia Pittsburgh St. Louis San Diego San Francisco-Oakland Seattle Wa shington 136. 4 137.0 133. 6 135.0 135.2 136. 0 135.4 133. 6 135. 1 129. 6 136.6 133. 3 129.8 132.3 135. 1 139.0 136. 5 134.9 132.9 134.0 131. 6 130. 1 138.4 136. 2 137.5 133. 8 134.9 135.7 137.0 136. 3 132. 1 135.8 128. 1 134.0 133.2 131. 1 132.5 134. 6 137.6 135.5 134. 3 132. 2 134. 1 132.5 130. 0 137.2 121.5 118. 6 121. 1 118.3 123.9 122.2 118. 5 116. 7 123. 8 107.8 115.2 121. 1 115. 4 120.4 129. 6 119.9 120. 5 116. 5 124.3 115. 1 111.7 115. 8 122.2 155.6 154.9 149. 7 150. 5 153. 1 153.9 155. 5 152.9 157. 3 140. 3 156.8 151. 0 152.8 152.0 156. 7 152.2 152.4 152. 6 145.9 160. 8 150.5 148. 1 154.2 125.4 123.5 121.7 120. 8 121.8 126. 0 125.0 113. 6 119.3 125. 0 122. 8 131.4 119.5 119.7 123. 0 124. 6 122.6 117.4 121. 8 119. 1 119.9 121.4 116.4 141.4 143.3 137.0 148. 1 134.6 138. 0 136.6 134.9 127.4 132. 0 132. 8 126. 1 127.5 132.2 129.3 144.3 141. 3 142.8 139. 1 127.0 132. 3 125.7 146. 5 123.2 126.0 122. 6 121.3 124.2 126.6 124.5 120.9 124.0 121. 3 121.5 122. 6 121.9 120.9 124. 1 126.2 122. 1 123.2 118. 7 122. 1 125.8 123.3 126. 7 137.0 135. 0 132.9 135.5 133. 1 132.5 131.2 139.2 132.5 133.8 145.5 133.4 125.9 (2) 137. 7 143.8 140.5 138.4 135.8 (2) 128.4 130. 5 141.5 Percent changes February 1973 to March 1973 U. S. city average Atlanta Baltimore Bo ston Buffalo Chicago Cincinnati Cleveland Dalla s Detroit Honolulu Houston Kansas City Los Angeles—Long Beach Milwaukee Minneapolis—St. Paul N. Y.-Northeastern N. J Phila de lphia Pitt sburgh St. Louis San Diego San Francisco-Oakland Seattle Wa shington 2. 7 3. 2 2.4 3.4 2. 1 3. 3 3.5 1.9 3. 1 1. 3 2. 2 2.2 1. 6 2. 8 1. 9 2. 5 3.3 3.6 2.9 1. 9 1.6 1. 2 3. 1 3. 1 3.9 2.9 3.8 2.3 3.9 4. 1 2. 5 3. 7 1. 7 2.8 2.5 1.9 3.5 2.4 3. 1 4. 1 4. 1 3.4 2. 7 2. 1 1.6 4. 1 1. 1 1. 3 2.4 1. 1 1. 1 1.8 2.8 1. 0 -. 4 -1.2 1. 1 1.5 1. 3 .2 .9 .9 1.7 .6 2.2 .9 -1.0 1.5 1. 2 See footnote 1, table 3. Not available. 17 8. 1 7.8 5.3 8.3 5.6 9. 1 8.4 6. 5 8. 2 5. 1 7. 3 6.4 5.5 8.6 7.0 5. 7 7.3 9.2 6.9 6.4 5.8 4. 2 9.0 1.0 .6 .7 -. 7 .5 -. 2 -. 5 -.6 . 6 .4 . 2 .6 . 3 1. 2 .2 .2 .7 .3 0 .4 .1 .7 .1 1.6 4.8 1.9 5. 0 .1 2.4 2.9 2.3 3. 0 .1 1.3 .2 -. 5 2. 2 .2 3.5 5.6 4.2 3. 8 1.0 -. 2 -.6 .4 1. 3 -1. 1 -. 1 -.4 -1. 1 -. 2 -.7 -.4 -.2 .6 .2 -. 1 .3 -.5 .2 -.9 -.4 1. 3 .6 .5 .9 1.2 1. 2 .2 0 .2 0 .5 1.2 .7 (2) .2 1.0 .4 .4 .3 .2 .6 Table 7. Consumer Price Index—United States city average for urban wage earners and clerical workers, food items, March 1973 indexes and percent changes from selected dates Index Item and group Food away from home Re staurant meals Snacks Food at home Cereals and bakery products Cracker meal Corn flakes Rice Bread, white Bread, whole wheat Cookies Layer cakes Cinnamon rolls Meats, poultry, and fish Meats Beef and veal Steak, round Steak, sirloin Steak, porterhouse Rump roast Rib roast Chuck roast Hamburger Beef liver Veal cutlets pork Chops Loin roa st Pork sausage Ham, whole Picnics Bacon Other meats Lamb chops F r ankfurte r s Ham, canned Bologna sausage Salami sausage Live r wur st Poultry Frying chicken Chicken, breasts Turkey Fish Shrimp, frozen Fish, fresh or frozen Tuna fish, canned Sardines, canned Dairy products Milk, fresh, grocery Milk, fresh, delivered Milk f re sh skim Ice cream Cheese, American process Butt e r Unadjusted Seasonally adjusted 134. 5 135.7 135.9 134.3 134.2 119.0 111.8 139. 1 99.5 118.7 117.0 125.4 112. 6 123.7 123. 2 152.7 153.0 160.2 158.9 149.4 149. 8 154. 1 158.2 167.9 166.0 150. 7 185.4 149.8 153.0 156. 3 157.6 135.0 154.2 143.5 142. 1 144.7 147. 9 134.0 148. 0 142. 1 135.9 150.7 158.8 145. 5 118.0 152.8 145.6 174. 5 136.8 154.5 121.5 120.5 125.0 127.8 125.8 109. 1 130. 5 105.9 134.8 136.0 136. 2 134.6 134.5 119.0 111.6 139. 1 99.3 118.6 117. 1 125.4 112.8 123. 7 123.2 152.7 153.5 160. 7 159.2 150.8 151.6 154.9 159.0 167. 1 166.2 151.5 186.0 150. 7 153.8 156.9 159.4 132.9 152.8 145.5 142.4 145.4 148. 9 132. 1 148. 6 143. 1 136.4 150.5 158.6 146. 1 118.2 152.6 145.2 173.8 136.8 154.5 121.7 120.6 125. 1 128. 2 126.4 109. 2 130.5 106. 1 See footnote at end of table. from— March 1972 March 1973 18 h. 1973 February 1973 Unadjusted Unadjusted 9.9 4.9 5. 1 3. 1 11.3 3.7 10.9 3. 1 -2.5 7.9 3.4 5.2 1. 7 2. 7 2.7 20.4 19.6 16.8 15.6 12.9 11. 1 13.8 12.9 18.9 20.9 24.2 17.8 26.7 28.6 30.8 27.6 18. 1 24.6 27.4 16.9 13.7 20.0 18.9 17. 2 16.0 15. 7 35.0 43. 1 29.3 3.8 10.5 10.4 20.4 3.6 7.2 3.6 3. 1 4.2 4.9 4. 1 1.9 5.8 . 1 2.6 . 7 . 7 . 3 3.2 1.0 3.4 . 7 . 1 1.9 1.6 . 7 -.6 1.8 -. 2 6.9 5.4 5.2 4. 1 3.6 2. 2 3. 1 4.5 4.8 8.0 7.7 6.0 5.3 4.4 6. 1 8.6 4.3 8.7 2.9 6.0 3.4 10. 1 4. 1 6.9 6.2 5.7 24.9 30.5 18.8 3.3 1.0 2.8 .4 .4 .5 .4 0 .2 0 1.7 1.3 .6 . 3 Seasonally adjusted 2.5 .9 .7 .5 3. 1 1. 0 3.2 .4 . 1 1.9 1.7 .6 -1.3 2. 1 . 1 6.0 4.8 4.6 3.7 2.5 1.7 3.0 3.9 3.8 7.4 7.3 5.4 4.9 4. 1 5.4 8. 1 3.9 7.5 2.0 5.7 3. 1 9.3 3.5 6.8 6.4 6. 1 23.6 28.6 18. 3 3.6 1.3 2.9 .2 .8 1. 1 .5 0 .3 . 1 1.8 1.4 .7 .6 Table 7. Consumer Price Index—United States city average for urban wage earners and clerical workers, food items, March 1973 indexes and percent changes from selected dates—Continued (1967= 100) Percent change to March 1973 from— Item and group March 1973 Unadjusted Food—Continued Food away from home—Continued Fruits and vegetables Fresh fruits and vegetables Fresh fruits Orang es Orange juice, Grapefruit fresh Strawber rie s Watermelon Fresh vegetable s Potatoes Asparagus Cabbage Ca r r ot s Peppers, green Tomatoe s Processed fruits and vegetables Fruit cocktail, canned Pears, canned Pineapple-grapefruit juice, drink Orange juice, concentrate, frozen Lemonade concentrate, frozen Beets, canned Peas, green, canned Tomatoes, canned Dried beans Broccoli, frozen Other food at home Eggs Fats and oils: ivLcL r g E r x n . c ——————————————————————————————— Salad dressing, Italian Salad or cooking oil Sugar and sweets Sugar Grape j elly Chocolate bar Syrup, chocolate flavored Nonalcoholic beve ra ge s Coffee, can and bag Coffee, instant Tea Carbonated drink, cola flavored Carbonated drink, fruit flavored Prepared and partially prepared foods Bean soup, canned Chicken soup, canned Spaghetti, canned Mashed potatoes, instant Potatoes, french fried, frozen Baby foods Sweet pickle relish Pretzels 136.8 145. 1 127. 6 125.8 97.2 133.3 132. 0 128.9 ft (l) 159.2 163.9 210. 6 182. 1 166.6 145. 2 145.6 187. 9 133.7 146.4 152.6 138.4 124.5 127. 7 122.8 118. 2 137.3 119. 7 132.8 109.4 121.7 141. 1 119.0 123. 2 136.2 117.5 110.4 120. 1 124. 0 118.6 131.3 131.3 113.8 126.4 128.4 128. 1 110. 1 130. 2 129.9 117. 0 117.0 105. 2 122.8 115. 1 112.5 111. 7 132.0 117. 0 Priced only in season. 19 March 1972 Seasonally adjusted 136.8 145.0 132.5 131.0 96.5 139.3 132.3 148. 2 (!) ft 154.4 171. 1 211.4 146.0 157.0 153.5 152.0 153.4 136.6 126.3 152.3 132. 2 124.7 128. 2 123.0 118. 6 138.3 118.4 132.9 109. 8 121.8 141.5 119. 1 123.3 136.3 117.0 110. 5 120. 2 124.2 118.8 130.9 132. 2 113.5 126.5 128.4 129.0 110.4 129.9 130.4 116. 9 116.9 105.0 l'22. 6 115. 1 112.5 112. 0 131. 2 117. 2 Unadjusted 12. 7 18.6 10.5 12. 1 -1. 1 9.9 1.0 3.5 () 24.5 42.0 100.4 11.4 24.9 1. 0 -11.4 29. 1 25. 7 -.9 12.4 22.6 3.8 5. 2 4.8 2. 6 .5 1. 6 10.9 1.4 5.4 3.4 0 5.6 26.7 -.9 -.4 -2.9 2.3 3. 2 5. 5 . 5 . 3 4. 5 8.5 2.4 1.9 1. 6 1.3 2. 3 . 7 -1. 1 5. 1 2.5 1. 9 . 3 6. 1 1. 6 February 1973 Unadjusted Seasonally adjusted 2.6 3.8 1. 0 2.6 -4.0 2.9 -.3 0 1. 5 1. 8 _# 5 8 -5. 6 2. 7 -1. 0 1. 6 5.6 7.3 20. 1 3. 3 6.3 18.6 24.6 -6.9 .6 .8 1. 0 . 2 . 3 .2 2.2 1. 1 . 1 -. 1 . 1 . 1 -3. 5 7. 1 3.4 18.0 26.9 -7.9 2.4 -8.9 .8 .9 1.3 . 1 . 5 .2 1.9 1.2 -. 2 .7 1. 0 1. 1 2.9 .8 .5 .9 1. 0 .6 1. 3 .2 1.9 . 3 .5 1. 1 .8 .4 1.0 0 1.9 -1. 0 16. 1 .4 -4. 4 1. 0 -5. 7 .6 .6 .9 .6 .9 .4 1. 1 . 1 . 2 .5 .5 -. 2 .2 . 2 1.9 . 4 1. 2 .9 .3 0 .5 . 5 . 7 0 . 5 . 2 1.9 . 6 .9 1. 2 . 3 Table 8. Consumer Price Index—United States city average for urban wage earners and clerical i orkers, indexes for selected items and groups, March 1973, and percent changes from selected dates Other index base Item and group Housing Shelter * x\.ent, r es i c i e n t x a x 2 ———————————————————————————————————————————————————————— Home owne r ship Mortgage interest rates Property insurance premiums Maintenance and repairs Maintenance and repair commodities3 Exterior house paint Interior house paint Maintenance and repair services Repainting living and dining rooms Re shingling house roof Residing house Replacing sink Repairing furance Fuel and utilities Fuel oil, No. 2 Gas and electricity Gas El6ctricitv Other utilities: Residential telephone services Residential water and sewerage services Household furnishing and operation 4 Housefurnishings ~* Sheets Curtains, tailored Bedspreads Drapery fabric Pi11nw«! hprl Slipcovers, and throws, ready made Furniture and bedding Bedroom furniture, chest and dresser Sofas, upholstered Cocktail tables Dining room chairs Recliners, upholstered Sofas, dual purpose Bedding, mattress and box springs Aluminum folding chairs Cribs Floor coverings Broadloom carpeting, manmade fibers Vinyl sheet goods Vinyl asbestos tile Appliances (excluding radio and T. V.) Washing machines, electric, automatic Vacuum cleaners, canister type Refrigerators or refrigerator-freezers, electric Ranges, free standing, gas or electric Clothes dryers, electric Air conditioners, demountable Room heaters, electric, portable Garbage disposal units Other housefurnishings: Dinnerware, fine china Flatware, stainless steel Table lamps, with shade Lawn mowers, power, rotary type Electric drills, hand-held Housekeeping supplies: Laundry soaps and detergents Paper napkins Toilet tissue Housekeeping services: Domestic services, general housework Babysitter service s Postal charges Laundry, flatwork, finished service Licensed day care services, preschool child Washing machine repairs Dec. 71 Mar. 70 Dec. 71 See footnotes at end of table. 20 February 1973 March 1973 Percent change to March 1973 from: March February 1972 1973 132.0 137.3 122. 1 142.9 118. 1 151.7 124.5 145.3 128.6 118.8 119.3 152.5 165. 1 160. 2 139.6 150. 7 158.3 124. 1 127.2 125. 1 124. 5 126.6 122. 6 132.3 137. 7 122.6 143. 2 117.8 151.9 124.7 146.5 130. 3 119. 1 119.2 153.5 166.0 161.0 140. 7 152. 1 158.9 124.6 127. 8 125.7 125.0 126.7 123.4 3.4 3. 7 3.9 3.6 .1 5.8 1.9 5. 7 6.8 .8 2.5 5. 2 6.7 5. 2 5. 1 4.8 4.4 4.4 7. 7 7.9 4.5 3. 7 5.3 0.2 .3 .4 .2 -.3 .1 .2 .8 1.3 .3 -. 1 . 7 .5 .5 .8 .9 .4 .4 .5 .5 .4 .1 .7 115. 2 141.7 122. 6 117.2 115.2 117.5 113.5 113.6 125.3 105. 7 115. 1 121. 7 105.4 120.9 102. 1 104. 0 98.8 116. 5 105.2 115.4 143. 2 123.0 117. 6 115. 1 117. 7 111.3 113. 7 126.0 106. 0 115.3 122.8 106.9 121.8 102.4 106.5 98.6 117.4 105. 7 2.7 4. 0 2.4 1. 7 1.7 2.9 .4 3.6 4.0 -2.0 .6 1.7 2. 2 1. 8 2.9 2.2 0 .4 1. 2 .2 1. 1 .3 .3 -. 1 . 2 -1.9 .1 .6 .3 .2 .9 1.4 . 7 .3 2.4 -. 2 120. 1 107. 1 101. 6 119.8 119. 7 109. 7 110.9 103. 8 120. 8 107.2 101. 6 120.3 119. 7 109.5 110. 8 103.8 1. 5 8 1 3. 1 1. 6 1 2 1 108. 3 110.9 114. 0 1 6 5 4 _. 5 1 -. 1 -1. 0 107. 8 111.4 108. 2 109.8 114.2 110.0 108.0 111. 1 128.6 130.8 127. 1 128. 7 130.9 127.8 5. 3 7. 8 5. 0 .1 .1 .6 111. 7 137.2 126.2 112.2 137.4 126.6 .9 6.6 1. 2 .4 .1 .3 142.2 139.4 146. 6 143.8 126. 1 144.9 143.8 140.7 146.6 144. 6 126.4 146. 2 5.0 4.4 0 5. 5 5. 1 5. 3 1. 1 .9 0 .6 . 2 .9 .6 .1 0 .4 0 -.2 -. 1 0 .2 (5) . 2 -.3 Table 8. Consumer Price Index—United States city average for urban wage earners and clerical workers, indexes for selected items and groups, March 1973, and percent changes from selected dates—Continued (1967= 100) Item and group Other index base Apparel and upkeep 6 Apparel commodities Apparel commodities less footwear Men1 s and boys' Men1 s: Topcoats, wool or all-weather coats, polyester blends Suits, year round weight Suits, tropical weight Jackets, lightweight Slacks, wool or wool blends Slacks, cotton or manmade blends Trousers, work, cotton or polyester/cotton Shirts, work, cotton or polyester/cotton Shirts, business, polyester/cotton T-shirts, chiefly cotton Socks, cotton or manmade fibers Handkerchiefs, cotton or polyester/cotton or cotton Boys' : Coats, all purpose, cotton or cotton blends Sport coats, wool or wool blends Dungarees, cotton or cotton blends Undershorts, cotton Women' s and girls' Women1 s: Coats, heavyweight, wool or wool blends Carcoats, heavyweight, cotton Sweaters, wool or acrylic Skirts, wool, wool blend or manmade fibers Skirts, cotton or polyester/cotton Blouses, cotton or manmade fibers Dresses, street, chiefly manmade fiber Slips, nylon Panties, acetate or nylon tricot Girdles, manmade blend Brassieres, nylon lace Hose or panty hose, nylon seamless Anklets, or knee-length socks, various fibers Gloves, fabric, nylon or cotton Handbags, rayon faille or plastic Girls' : Raincoats, vinyl, cotton, or polyester blends Skirts, wool, wool blends or acrylic Dresses, cotton, manmade fibers or blends Slacks, cotton or chiefly cotton Slips, polyester blends Handbags, plastic Miscellaneous apparel: Diapers, cotton gauze of disposable Yard goods, polyester blend Wrist watches, men' s and women' s Footwear Men' s: Shoes, street Shoes, work, high Women' s: Shoes, street, pump Shoes, evening, pump Shoe s, ca sual Houseslippers, scuff Children' s: Shoes, oxford Sneakers, boys' , oxford type Dress shoes, girls' , strap or pump Apparel services: Drycleaning, men's suits and women1 s dresses Automatic laundry service Laundry, men' s shirts Tailoring charges, hem adjustment Shoe repairs, women' s heel lift March 1973 123.6 123. 8 123. 1 123.3 124. 8 125. 2 124.5 124.6 2.9 3.0 2.6 3.6 1.0 1. 1 1. 1 1. 1 126.6 129. 2 130.0 131.7 9.0 3.2 2. 7 1.9 5 116.0 115.7 141.8 116.7 116. 7 111.0 118.9 116.3 5 116.8 141. 7 117. 1 118. 0 111.3 119. 0 116. 6 ) 3. 1 2.4 3. 1 -1.0 1. 0 .3 () -. 1 .3 1. 1 .3 . 1 .3 118.4 119.4 2.8 123.3 122.0 8.6 131. 1 121.2 123.3 131.6 121. 2 125. 1 (5) 3.8 .6 2. 1 119. 1 127.6 ( ) 125.5 132.4 110.9 118. 7 117.8 121. 6 94.4 114.3 111. 6 146.4 124.8 133. 6 111.0 118. 9 117.9 123. 2 95.3 114.7 111. 0 145.3 109.8 114.3 123.4 138.7 109.4 123.5 109.0 126.2 117. 1 118.7 118. 0 127.6 117.9 119.8 117.9 128.7 3. 1 4.2 129. 1 129.4 130.4 130. 3 7.2 7.4 1.0 .7 127.0 123.3 126. 8 126.7 128.9 123.8 128. 3 126. 9 3.5 2. 0 2. 2 2.2 1.5 .4 1.2 .2 130. 1 124. 8 132.9 131.3 125. 3 134. 3 5.4 2.5 4.4 .9 .4 1. 1 119. 3 115.8 126.5 135.7 119. 6 119.5 116.4 126.9 136. 2 120. 1 1.8 1.9 5.0 3. 1 5.4 . 2 .5 .3 .4 .4 -1. 1 (5) .4 0 1.5 () See footnotes at end of table. Percent change to March 1973 from: March February 1972 1973 February 1973 21 2. 1 2.5 .5 2. 1 .4 1.3 -2. 3 -1.2 .6 2.7 -.6 .9 .1 .2 .1 1.3 1.0 .3 -.5 124.9 (5) () -2.8 -2.0 ) -.4 2.2 .7 .9 -. 1 .9 Table 8. Consumer Price Index—United States city average for urban wage earners and clerical workers, indexes for selected items and groups, March 1973, and percent changes from selected dates—Continued (1967=100) Other index base Item and group Indexes February 1973 March 1973 .percent cnange to JVLarcn ly (5 from: March February 1972 1973 Transportation Private7 Automobiles, new Automobiles, used Gasoline, regular and premium Motor oil, premium Tires, new, tubeless Auto repairs and maintenance 8 Auto insurance rates Auto registration Parking fees, private and municipal Public Local transit fares Taxicab fa re s Railroad fares, coach Airplane fares, chiefly coach Bus fares, intercity 121. 1 118.7 111.0 112.4 111.4 125. 3 112. 9 139. 3 138. 2 123.0 150.6 144.3 150.5 135.6 122.2 132. 1 144.0 121.5 119. 1 110.8 113.7 112.0 125. 8 112. 1 140. 1 138. 1 123.6 150.9 144.5 150. 7 135.7 122. 3 132. 1 144. 6 2.6 2. 8 -.8 9.4 5.6 2. 5 -3.9 4.6 -1.8 -2.8 9. 1 1.5 1.5 2. 1 -3.6 1.9 5. 1 0. 3 .3 -. 2 1.2 .5 .4 -.7 Health and recreation Medical ca re Drugs and prescriptions Over-the-counter items Multiple vitamin concentrates Aspirin compounds Liquid tonics Cold tablets or capsules Adhesive bandages, packages Cough syrup Pre s criDtions Anti-infectives Sedatives and hypnotics Ataractic s Antispasmodics Cough preparations Cardiovasculars and antihypertensives Analgesics, internal Anti- obe sity Hormones Professional services: Physicians fees General physician, office visits General physician, house visits Obstetrical cases Pediatric care, office visits Psychiatrists, office visits Herniorrhaphy, adult Tonsillectomy and adenoidectomy Dentists' fees Fillings, adult, amalgam, one surface Extractions, adult Dentures, full upper Other professional services: Examination, prescription, and dispensing of eyegla s se s 128. 1 135.3 105.8 ill. 8 93.6 118.2 101. 2 114. 1 125. 1 114. 7 100. 8 72.9 128. 1 103. 7 108. 0 134. 6 112.4 110.6 117.7 92.8 128.6 135.8 105. 6 112. 1 94.5 118.4 101. 1 114.4 125.4 115. 1 100.2 71.3 128. 2 103.7 107. 6 135. 1 112.4 110.8 116. 3 91.5 2.9 3.3 . 1 1.2 .4 .4 -.2 . 3 1.0 .2 -. 1 .3 . 2 .3 136. 1 137. 1 139. 5 136.2 138. 7 132.6 129.9 130.9 134.4 136.8 133.3 130.8 Hospital service charges Semiprivate rooms Operating room charges X-ray, diagnostic series, upper G. I Laboratory tests, urinalysis Anti-infectives, tetracyline, HCL Tranquilizers, chlordiazepoxide, HCL and meprobate Electrocardiogram Intravenous solution, saline Physical therapy, whirlpool bath Oxygen, inhalation therapy Personal care Toilet goods Toothpaste, standard dentifrice Toilet soap, hard milled Hand lotions, liquid Shaving cream, aerosol Face powder, pressed Deodorants, aerosol Cleansing tissues Home permanent wave kits Personal care services Men1 s haircuts Beauty shop services Women' s haircuts Shampoo and wave sets, plain Permanent waves, cold -- Jan. 72 Jan. 72 Jan. Jan. Jan. Jan. Jan. 72 72 72 72 72 See footnotes at end of table. 22 -.6 3. 0 -. 1 .8 1.2 1.9 -.9 -7.0 2.5 .6 -. 1 .5 . 2 . 1 . 1 . 1 . 1 0 .4 -.6 -. 2 5. 1 .5 1.5 -1.0 -2.5 -2.2 . 1 0 -.4 .4 0 . 2 -1.2 -1.4 136.7 137. 9 140.7 136.8 139.2 132.9 130.6 131. 1 134.7 137. 0 133.7 131. 1 2.9 2.9 3.8 3. 0 2.7 3.4 2.5 1.5 2.8 3.6 2. 1 2.2 .4 .6 .9 .4 .4 . 2 . 5 .2 . 2 . 1 .3 .2 126.7 121. 6 104. 1 178.9 175.6 130. 8 102.8 98.3 127.2 121. 1 104. 6 180. 1 177. 3 130.9 103.0 98.2 2.6 1.4 3.4 4.6 6.9 1.8 1. 6 -1.8 .4 -.4 .5 .7 1.0 . 1 .2 -. 1 102.4 104. 1 103. 3 103.6 102. 1 122.4 118. 2 109. 1 123. 1 127.5 108.2 140.4 104.2 123.2 109.9 126.8 128.6 125.5 128.5 129.0 114.9 102.4 104.4 103.6 104.0 103. 1 123. 1 118.7 110. 1 124.7 127.0 107.8 140.4 104.4 125.3 110. 1 127.6 129. 1 126.6 130. 3 130.3 115.0 2. 5 1.9 1.1 3. 3 1.6 3.7 2.5 .5 3.0 2.6 .9 .6 12.2 -1. 1 1.5 -.4 4.8 3.9 5.6 8. 1 5.5 2.9 0 .3 .3 .4 1.0 .6 .4 .9 1.3 -.4 -.4 0 .2 1.7 .2 .6 .4 .9 1.4 1.0 . 1 Table 8. Consumer Price Index—United States city s /erage for urban wage earners and clerical workers, indexes for selected items and groups, March 1973, nd percent changes from selected dates—Continued Item and group Other index base Health and recreation—Continued Reading and recreation 9 Recreational goods TV sets, portable and console TV replacement tubes Radio, portable and table model Tape recorders, portable Phonograph records, stereophonic J^^OVIG CcLX¥163TcL S S\XT36r O ZOOTT1 X6H.S ——- Film, 35mm, color Golf balls, liquid center or solid core Basketballs, rubber or vinyl cover — Fishing rods, fresh-water spincasting Bowling balls Bicycles, boys' Tricycles Dog food, canned or boxed Recreational services Indoor movie admissions Children1 s Drive-in movie admissions, adult Bowling fees, evening Golf green fees TV repair, color picture tube replacement Film developing, color Reading and education: Newspapers, street sale and delivery Magazines, single copy and subscription Piano lessons, beginner Other goods and services Tobacco products Cigarettes, nonfilter tip, regular size Cigarettes, filter tip, king size Cigars, domestic, regular size Alcoholic beverages Whiskey, spirit blended and straight bourbon Wine, dessert and table Beer, away from home Financial and miscellanous personal expenses: Funeral services, adult Bank service charges, checking account Legal services, short form will 1 February 1973 March 1973 Percent change to March 1973 from: March February 1972 1973 124.3 108.0 98. 5 134.2 98.8 92.6 108.2 88.2 108. 2 105.3 126.9 107.6 115. 0 118.2 114. 1 111. 1 130. 1 143.4 141.8 147.7 148. 1 122. 7 (5) 99. 1 115.8 124.5 108.2 98.5 134.2 99.0 92. 1 108.4 88.5 108.2 105.2 126.5 108.6 115.0 119.0 114.4 112.5 130.4 144. 7 143. 1 149.0 147.9 122.9 (5) 99.2 115.9 2.3 .6 -1. 5 4.2 .5 -1. 3 1.7 -. 3 -. 1 .2 .6 1.2 1. 6 3.6 .9 1.9 2.4 4. 0 3.5 5. 1 2.9 3. 2 (5) .9 -1.9 133.6 134. 1 125.5 127. 1 134.5 136. 3 136.5 111. 3 121.2 114.8 109. 1 129.3 133.8 133. 6 134. 1 125.6 127. 6 135.5 137. 3 137.6 111. 6 121.3 114.9 109.2 130.0 133.8 2. 1 7.4 2.9 2.4 2.3 2. 7 2. 1 .9 2.0 .9 .6 3.3 3. 6 123.4 106. 5 155.7 124. 1 106.5 157. 1 0.2 .2 0 0 .2 -.5 .2 .3 0 -. 1 -.3 . 9 0 . 7 .3 1. 3 . 2 .9 .9 .9 -. 1 (5) . 1 .1 2.9 -1.6 10.7 Also includes hotel and motel rates not shown separately. Also includes home purchase costs not shown separately. Also includes pine shelving, furance filters, packaged dry cement mix, and shrubbery not shown separately. 4 Also includes Venetian blinds, nails, carpet sweepers, air deodorizers, steel wool scouring pads, envelopes, reupholstering, and moving expenses. 5 Priced only in season. 6 Also includes men1 s sport shirts, women' s and girls' lightweight coats, women1 s slacks, bathing suits, girls' shorts, earrings, and zippers not shown separately. 7 Also includes storage batteries and drivers' license fees not shown separately. 8 Includes price for water pump replacement, motor tune-up, automatic transmission repair, exhaust system repair, front-end alignment, and chassis lubrication. 9 Also includes outboard motors, nondurable toys, college tuition fees, paperback books, and college textbooks, not shown separately. 2 3 23 Table 9. Consumer Price Index—United States average and areas grouped by size of population * fo all items and major groups, March 1973, and percent changes from selected dates Area and group United States: All items Food Housing Apparel and upkeep Tran sportation Health and recreation Relative importance December 1972 March 1973 Indexes (1967= 100) December 1972 urban wage earners and clerical workers March 1972 December 1972 March 1972 100. 000 22.492 33.859 10.370 13. 134 19.768 129. 8 134.5 132. 3 124. 8 121.5 128.6 127.3 126.0 131.2 125.0 121.3 127.5 124.0 122.4 127.9 121. 3 118.4 125. 0 2. 0 6. 7 8 2 2 9 4. 7 9.9 3.4 2.9 2.6 2.9 Class A-l (3. 5 million or more): All items Food Housing Apparel and upkeep Transportation Health and recreation 32. 754 7. 606 10. 914 3.470 4. 272 6.492 132.4 136. 3 135. 0 124. 8 127. 3 131. 0 129.6 128.0 133. 8 123.8 127. 3 129. 7 126.3 124.4 129.9 121. 6 124. 1 126.8 2. 2 6. 5 9 8 0* 1. 0 4.8 9.6 3.9 2. 6 2.6 3.3 Class A-2 (1.4 million to 3. 5 million) : All items Food Housing Apparel and upkeep Transportation Health and recreation 11. 815 2.684 4. 030 1.228 1. 534 2. 339 130.0 134. 3 132. 2 125.0 122.5 129.0 127. 6 125.8 131.2 125.4 122.5 128. 1 124.2 121.9 127.5 122. 2 119.6 125.3 1. 9 6. 8 8 _# 3 0 7 4.7 10.2 3. 7 2.3 2.4 3.0 25.705 5.513 8.909 2.647 3. 490 5. 146 129.2 133. 8 131.9 126. 2 119.0 128.4 126.7 125.3 130.8 126.4 118. 8 127.3 123.4 121.6 127.9 121. 1 115. 5 124.9 2. 0 6. 8 8 „_ 2 2 9 4. 7 10.0 3. 1 4. 2 3.0 2.8 12. 442 2.796 4. 219 1.314 1. 644 2. 469 128. 2 133.5 130. 8 124.5 117.4 127. 2 125. 7 124.6 129. 6 126. 2 117.2 126.6 122.6 121.4 126. 1 120. 6 115.3 124. 2 2. 0 7. 1 9 1. 3 2 5 4.6 10.0 3. 7 3.2 1. 8 2.4 16.907 3.892 5.788 1. 711 2. 194 3. 322 127. 0 132.8 129. 2 122.4 117.5 125.4 124. 7 124.5 128. 2 123.8 117. 3 124.4 121.9 120. 8 125.5 120. 6 114. 7 122.7 1. 8 6. 7 4.2 9. 9 2. 9 1.5 2.4 2. 2 Class B (250, 000 to 1. 4 million) : All items Food Hrmc;ina nuusing Apparel and upkeep Transportation Health and recreation Class C (50, 000 to 250, 000) : All items Food Housing Apparel and upkeep Tran sportation Health and recreation Class D(2, 500 to 50, 000) : All items Food Housing Apparel and upkeep Transportation Health and recreation 1 8 1. 1 2 Based upon I960 Census of Population. These relative importance data include the 0. 38 percent weight for personal financing charges, other than mortgage interest and auto financing charges, which is imputed from priced items. 2 24 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. It is based on prices of about 400 items which were selected to represent the movement of prices of all goods and services purchased by wage earners and clerical workers. Prices for these items are obtained in urban portions of 39 major statistical areas and 17 smaller cities, which were chosen to represent all urban places in the United States. They are collected from about 18,000 establishmentsgrocery and department stores, hospitals, filling stations, and other types of stores and service establishments. Prices of foods, fuels, and a few other items are obtained every month in all 56 locations. Prices of most other commodities and services are collected every month in the five largest areas and every 3 months in other areas. Prices of most goods and services are obtained by personal visits of the Bureau's trained representatives. Mail questionnaires are used to obtain local transit fares, public utility rates, newspaper prices, fuel prices, and certain other items. In calculating the index, price changes for the various items in each location are averaged together with weights which represent their importance in the spending of all wage earners and clerical workers. Local data are then combined to obtain a U.S. city average. Separate indexes are also published for 23 areas. The index measures price changes from a designated reference date—1967—which equals 100.0. An increase of 22 percent, for example, is shown as 122.0. This change can also be expressed in dollars as follows: The price of a base period "market basket" of goods and services bought by urban wage earners and clerical workers has risen from $10 in 1967 to $12.20. A Note on Seasonally Adjusted and Unadjusted Data Because price data are used for different purposes by different groups, the Bureau of Labor Statistics publishes seasonally adjusted as well as unadjusted changes each month. For analyzing general price trends in the economy, seasonally adjusted changes are usually preferred, since they eliminate the effect of changes that normally occur at the same time and in about the same magnitude every year such as price movements resulting from changing climatic conditions, production cycles, model changeovers, holidays, and sales. The unadjusted data are of primary interest to consumers concerned about the prices they actually pay. Unadjusted data also are used extensively for escalation purposes. Many collective bargaining contract agreements and pension plans, for example, tie compensation changes to the Consumer Price Index unadjusted for seasonal variation. 25 Reliability of Percent Changes in the CPI are about 95 out of 100 that the percent change in the CPI as computed differs from the corresponding "complete coverage" change by less than twice the standard error. Because the CPI is rounded to one decimal place, some ambiguity may arise in interpreting small index changes. As the table indicates, for example, a monthto-month change of 0.1 percent in the all-items CPI is significant. Because of rounding, however, a change of this size in the published index might result from a much smaller change in the unrounded value. Hence, any particular change of 0.1 percent may or may not be significant. On the other hand, a published change of 0.2 percent is almost always significant, regardless of the time period to which it relates. This replaces the table of average errors based on 1971 data which was included in the CPI report through December 1972. A system of "replicated" samples introduced into the index structure in the 1964 revision permits an estimate of sampling error for the CPI. l The table below shows standard errors for monthly, quarterly, and Average standard errors of percent changes in the CPI based on 1971 data Component All items Food at home Food away from home Housing Apparel and upkeep. . . Transportation Medical care Personal care Reading and recreation Other goods and services Monthly change Standard error Quarterly change Annual change .03 .07 .05 .10 .08 .12 .08 .05 .19 .09 .06 .11 .15 .08 .31 .16 .10 .19 .30 .20 .17 .34 .06 .10 .16 .08 .14 .32 The method of deriving these estimates is described in a paper by Marvin Wilkerson, ''Measurement of Sampling Krror ifi the Consumer Price Index," Journal of the American Statistical Association, September 1967. annual percent changes in the CPI for all items and for nine commodity groupings based on 1971 averages. The figures may be interpreted as follows: The chances A Note About Calculating Index Changes Percent changes expressed as annual rates are computed according to the standard formula for compound growth rates. These data indicate what the percent change would be if the current rate were maintained for a 12month period. Movements of the indexes from 1 month to another are usually expressed as percent changes rather than changes in index points because index point changes are affected by the level of the index in relation to its base period while percent changes are not. The following example illustrates the computation of index point and percent changes: 26 CPI less previous index index point difference = 123.8 123.2 0.6 Index point difference divided by the index for the previous period: 1 2 3 -8-123-2 123.2 x 100 = 0.5 Seasonally adjusted percent changes in the U.S. All Items Index are based on seasonal adjustment factors and seasonally adjusted indexes carried to two decimal places. This procedure helps to eliminate rounding error in the percent changes. 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