Full text of CPI Detailed Report : May 1954
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Issued June 22, 195kU.S. DEPARTMENT OF LABOR Bureau of Labor Statistics Washington 25, D. C. CONSUMER PRICE INDEX - MAY 195^ Consumer prices in U.S. cities advanced 0.3 percent between April and May, according to the U.S. Department of Laborfs Bureau of Labor Statistics. The increase, vhich halted the downward movement of the last three months, mainly resulted from advances of 0.8 percent in food prices and 0.3 percent for housing. Other groups of goods and services were substantially unchanged during the month. The all items index for May was 115.0 percent of the 19^7-^9 average, 0.9 percent higher than a year ago, and 13#0 percent above the June 1950 level. On a 1935-39 base, the May index was 192.3* FOOD The rise of 0.8 percent in food prices, the largest monthly increase since June 1953, brought the food index for toy to 113#3 (19^7-^9 z 100). ffcis was 1.1 percent higher than a year ago and 12.7 percent above the level of June 1950. Food prices averaged higher in of the k6 cities surveyed. Fresh vegetable prices rose sharply during the month. Supplies of torn vegetables were curtailed by cold weather. Prices of tomatoes and lettuce were up almost 20 percent; onions, 18 percent; and potatoes, 11 percent. Prices of green beans were nearly 6 percent lower than a month ago. Oranges and apples rose about 5 percent between April and May, and strawberry prices dropped 20 percent. Prices of frozen orange juice concentrate advanced 11 percent, and canned orange juice rose slightly, bringing to an end the downward movement in prices which began last fall as a result of the large Florida orange crop. Coffee prices continued upward during May, to reach an average of $1.18 a pound. Prices of most meats advanced during the month, reflecting recent increases at wholesale. Round steak and pork chops were up almost 2 percent; ham, percent; and bacon, 1 percent. Poultry prices declined about 3\ percent between April and May, as young chickens continued in abundant supply. Egg prices, reflecting heavy production, dropped for the seventh consecutive month, from an average of 79*5 cents a dozen last October to 53*8 cents a dozen in May. A reduction in the size of chocolate candy bars resulted in a price increase of 2 percent. Prices of all dairy products except ice cream showed further declines, reflecting seasonal decreases and continued effects of the reduction in support prices on April 1. 2 HOUSING Average increases of 0.1 percent were reported for residential rent and gas and electricity "between April and May. Prices of laundry soap and detergents continued to rise* Anthracite prices dropped 5*2 percent, while bituminous coal and fuel oil were down about 2 percent. Substantial reductions in prices of sheets and some other household goods were reported in May sales. The rise in the housing index between April and May, however, was due mainly to the introduction at this time of changes which occurred during the past year in rates for mortgage interest, real estate taxes, and fire insurance on homes. OTHER COMMODITIES _ AM) SERVICES Price changes in other groups during May were relatively small. A few stores reported small Increases for men's business shirts and undershirts, while some shoe stores marked down children's shoes for special sales. Some physicians and dentists raised their fees, and hospital services advanced slightly. Persona.1 care services were up, as were toilet soap and cleansing tissues• Prices of television sets decreased as new models came on the market at lower prices. LS54-3896 TABLE 1. GROUP CONSUMER PRICE INDEX — U.S. CITY AVERAGE ALL ITEMS AND COMMODITY GROUPS Indexes and Percent Changes for Selected Dates INDEXES (1947-49 = 100) May 195*1 This Month April 1954 Last Month March 1954 2 Months Ago May m Last Year June 1950 Pre-Korea Year 1939 PreWorld War II ALL ITEMS 115.0 114.6 114.8 114.0 101.8 59.4 FOOD 1/ 113.3 112.4 112.1 112.1 100.5 47.1 112.8 121.3 111.0 103-5 114.6 114.5 111.8 121.1 110.5 104.6 110.0 113.6 111.4 121.2 109.5 108.0 107.8 112.3 111.7 118.4 109.2 107.8 115.2 110.3 100.5 102.7 106.1 92.3 102.5 94.1 47.1 57.2 41.6 49.8 46.3 48.4 118.9 118.5 119.0 117.1 104.9 76.1 128.3 107.7 120.9 105.9 117.2 128.2 107.6 123.9 106.1 116.9 128.0 107.6 125.8 107.2 117.5 123.0 121.8 107.6 114.7 108.7 102.7 107.6 97.4 99.6 104.9 56.4 53-4 68.4 104.2 104.1 104.3 104.7 96.5 52.5 107.3 98.5 115.9 90.9 107.1 98.4 107.2 116.1 99.0 116.1 90.4 90.0 107.4 99.4 115.1 92.5 98.1 93-3 102.1 88.4 129.1 125.1 113.0 106.4 120.1 129.1 124.9 112.9 106.5 120.2 129.0 124.4 114.1 108.2 120.1 129.4 120.7 112.8 108.0 118.0 Food at home Cereals and bakery products Meats, poultry and fish Dairy products Fruits and vegetables Other foods at home HOUSING 2/ Gas and electricity Solid fuels and fuel oil Housefurnishings Household operation APPAREL Men's and boys' — Women's and girls' Footwear Other apparel TRANSPORTATION MEDICAL CARE PERSONAL CARE READING AND RECREATION OTHER GOODS AND SERVICES 106.6 86.6 y v v y 109.9 105.4 99.2 102.5 103.7 68.9 72.6 59.6 63.0 70.6 PERCENT CHANGE TO MAY 1954 FROM: April 1954 March 1954 May 1953 June 1950 Year 1939 ALL ITEMS 0.3 0.2 0.9 13.0 93-6 FOOD 1/ 0.8 1.1 1.1 12.7 140.6 0.9 0.2 0.5 - 1.1 4.2 0.8 1.3 0.1 1.4 - 4.2 6.3 2.0 1.0 2.4 1.6 - 4.0 - 0.5 3.8 12.2 18.1 4.6 12.1 11.8 21.7 139.5 112.1 166.8 107.8 147.5 136.6 0.3 - 0.1 1.5 13.3 56.2 0.1 0.1 - 2.4 - 0.2 0.3 0.2 0.1 - 3.9 - 1.2 - 0.3 4.3 1.0 - 0.7 - 1.6 2.2 18.0 4.9 12.4 8.7 17.7 48.2 2.7 114.4 98.3 71-3 0.1 - 0.1 - 0.5 8.0 98.5 0.2 0.1 - 0.2 0.6 0.1 - 0.5 - 0.2 1.0 - 0.1 - 0.9 0.7 - 1.7 9.4 5.6 13.5 2.8 I' V I! 0 0.2 0.1 - 0.1 - 0.1 0.1 0.6 - 1.0 - 1.7 0 - 0.2 3-6 0.2 - 1.5 1.8 17.5 18.7 13.9 3.8 15.8 87.4 72.3 89.6 68.9 70.1 Food at home Cereals and bakery products Meats, poultry and fish Dairy products Fruits and vegetables Other foods at home HOUSING 2/ Rent Gas and electricity Solid fuels and fuel oil Housefurnishings Household operation APPAREL Men's and boys' — Women's and girls' Footwear Other apparel TRANSPORTATION MEDICAL CARE PERSONAL CARE — READING AND RECREATION OTHER GOODS AND SERVICES ^J V 1/ Includes restaurant meals not shown separately. 2/ Includes home purchase and other home-owner costs not shown separately. 3/ Includes tobacco, alcoholic beverages, and "miscellaneous services" (such as legal services, banking fees, burial services, etc.). 4/ Not available. TABLE 2. COWSWER PRICE INDEX — ALL IT0IS INDEXES FOR SELECTED DATES U.S. CITY AVERAGE AMD 20 LARGE CITIES ( City 1 9 4 7 - 4 9 = 1 0 0 ) (1935-39 - 100) May 195* May 1953 June 1950 Year 1939 115.0 114.0 101.8 59.4 ! S \ 192.3 117.3 116.9 115.9 112.9 115.3 1 1 4.6 115.8 115.3 111.4 113.8 102.8 102.8 IOI.3. 100.9 101.6 56 6 59.0 60.4 60.1 59.2 ! 1 ! 199.8 197.3 IO?. 7 186.8 191.9 May 195* May 1953 May 1950 Cleveland Houston Scranton Seattle Washington, D. C. 115.3 116.7 112.3 116.3 113.7 113.7 116.8 112.0 116.2 113.5 100.4 103.5 100.2 102.0 101.6 CITIES PRICED IN JANUARY, APRIL, JULY, OCTOBER 2/ April 195* April 1953 April 1950 112.9 115.5 116.3 114.5 114.8 111.7 11^.3 115.1 112.8 115.4 101.2 101.4 102.1 2 / 99.9 101.5 March 1954 March 1953 June 1950 117.0 Ilk .8 Ilk. 2 116.9 116.5 116.7 Ilk. 2 112.6 114.7 115.5 101.3 4 ! 101.6 ~ 101.2 101.1 100.9 U.S. CITY AVERAGE May 1954 I' CITIES PRICED MONTHLY: Chicago Detroit Los Angeles New York Philadelphia CITIES PRICED IK FEBRUARY, MAY, AUGUST, NOVEMBER 2/ Boston — Kansas City Minneapolis Pittsburgh Portland, Ore. CITIES PRICED IN MARCH, JUNE, SEPTEMBER, DECEMBER 2/ Atlanta Baltimore Cincinnati St. Louis San Francisco May 1954 59.2 59.5 58.5 59.2 60.4 196.5 1Q7.6 186.6 i9p.e 186.7 April 1954 61.0 61.7 60.7 58.1 58.3 181.8 186.0 192.6 194.6 198.8 March 1954 198.4 197-3 192.3 195.1 199.1 58.3 57.9 58.4 59.3 58.6 2/ Foods, fuels, rents, and a fev other items priced monthly; other commodities and services priced quarterly. 3/ June 1950; formerly priced March, June, September, December. \J May 1950J formerly priced February, May, August, November. TABLE 3- City All Items CONSUMER PRICE INDEX — PERCENT CHANGES FROM APRIL 19 5 4 TO MAY 1954 U.S. City Average and Five Cities Priced Monthly All Items and Commodity Groups Food Housing Appa-rei Transportation Medical Care Personal Care Reading & Recreation U.S. CITY AVERAGE — Chicago Detroit Los Angeles — New York Philadelphia - 0.3 0.8 0.3 0.1 0.7 0.2 0.2 0.4 0.2 1.2 0.1 0.3 0.7 1.1 1.0 0 0.5 0.2 - 0.1 0 0 - 0.1 - 0.1 - 0.6 0 0.2 1.0 0.1 0.1 0.3 0.1 1.3 0.1 0 0 C ' Other Goods & Services 0.1 - 0.1 - 0.1 0 0.2 0.6 - 0.1 0.1 0 0 - 1.3 0.7 - 0.1 0.2 0 0 0.2 0 5 TABLE 4. CONSUMER PRICE INDEX — ALL ITEMS AID COMMODITY GROUPS May 1954 Indexes and Percent Changes, February 1954 to May 1954 U.S. City Average and 10 Cities Priced in May 1954 I U.S. 1 CITT IAVERAGE GROUP 1 Los jCleveChicago 1 land Detroit Houston Angeles New York Philadelphia Scranton Seattle Washing ton, D. C. Hay 1954 Indexes (19^7-^9 « 100) All. I 1 M 8 FOOD Food at home Cereals and bakery products Meats, poultry and fish Dairy products — Fruits and vegetables Other foods at hone 115.0 117.3 115.3 116.9 116.7 115.9 112.9 115.3 112.3 116.3 113.7 113.3 111.7 113. k 116.2 112.2 113.4 111.8 115.6 112.8 113.1 112.9 112.8 121.3 111.0 103.5 ilk.6 114.5 111.0 1x6.8 106. 4 102.1 112.7 121.4 110.8 136.3 108.6 97.4 110.3 118.8 115.4 117.8 109.8 KA.l 125.0 117.2 111.4 118.4 107.9 106.7 111.0 113.8 112.3 122.5 110.7 103.2 115.4 111.0 111.4 U3.2 110.5 100.6 108.8 115.9 114.8 120.8 113.4 105.3 116.6 115.9 112.8 119.5 111.2 105.6 112.7 113.8 113.1 121.9 110.6 103.5 120.6 111.3 112.1 120.7 107.2 110.8 110.1 113.3 118.9 126.1 119.4 123.9 11% * 713.4 114.7 119.4 116.8 102.3 112.4 107.9 113.7 123.0 112.2 88.5 125.7 127.3 100.7 106.2 109.6 112.3 123.0 118.1 125.5 107.2 114.8 122.1 123.8 128.3 107.7 120.9 105.9 117.2 • „ _ „ 106.3 122.9 107.3 120.6 106.8 120.5 102.8 110.6 110.3 106.5 138.5 109.5 118.8 - - 109.5 110.0 101.2 128.5 107.6 106.8 108.7 122.1 106.1 118.9 104.2 108.1 104.6 102.6 106.7 103.7 103.9 105.1 106.1 106.1 102.5 IO9.2 97.1 116.8 93.4 109.3 94.3 112.6 87.4 106.8 100.7 127.2 89.2 109.4 97.0 114.0 82.5 106.7 98.2 115.4 94.1 104.9 103.3 110.8 92.6 108.0 100.8 — 107.3 98.5 115.9 90.9 114.1 101.1 117.5 94.1 109.2 101.2 117.3 86.7 105.5 97.0 115.2 90.8 TRANSPORTATION MEDICAL CARE PERSONAL CARE READING AND RECREATION OTHER GOODS AND SERVICES 129.1 125.1 113.0 106.4 120.1 122.7 129.5 114.6 114.0 119.9 120.8 124.1 119.3 125.2 119.6 119.3 127.4 122.6 117-3 99.2 115.2 124.0 129.8 119.7 131.0 112.5 110.4 115.4 107.7 116.1 127.1 127.1 117.2 111.4 105.3 127.0 HOUSING - — — Heat Oas sad electricity Solid fuels and fuel oil •eueeftmlshlngs — leasehold operation —- APPAREL Men's and boys' WOMB'S and girls' - Footwear Other apparel 133.7 122.8 113*2 107.5 119.0 Percent Change — 111.0 111.0 125.0 119.5 13*. 5 123.9 107.4 104.8 121.5 137.3 123.7 117.1 110.0 123.4 120.3 92.3 February 1954 to May 1954 ALL ITEMS 0 0.5 0.1 0.4 - 0.2 - 0.6 0.1 0.1 - 0.8 0.1 - 0.4 FOOD 0.6 0.4 0.3 1.3 - 0.6 - 0.8 1.1 1.0 0.3 0.9 1.8 0.9 - 0.4 1.4 - 5.6 6> i.a 3.0 - 1.8 1.9 - 7.2 1.6 0.2 l.i 4.1 9.4 1.4 - 1.0 0.3 Food at home — — — — — - — Cereals and bakery products Meats, poultry and fish — — Dairy products Fruits and vegetables Other foods at home HOUSING — — - — 0 0.3 0.2 4.2 1.2 0.1 Rent Gas and electricity Solid fuels and fuel oil Housefurnishings — — Household operation 0.5 APPAREL Men'8 and boys' — — — — Women's and girls' Footwear — Other apparel — - — — — — TRANSPORTATION — — KEDICAL CARE PERSONAL CARE READING AND RECREACTION OTHER GOODS AND SERVICES 0.7 0 " 1.2 5.0 6.1 0.4 —— - 0.1 1.0 0.2 0.6 0.8 0.8 - 1.5 j- 0 . 1 I 1/ Change from November 1953 to May 1954. ! 1s j s \! !! I f 1.5 0.1 j | _ » 0 - i.3 3.1 1.2 - 1.8 - 0.3 - 0 . 7 - ° iI- 0.1 i 0.7 0 - 0.9 - 0.5 0.1 • 8.1 tI - ii r * 1 0.5 - 0.4 0 0.5 - - 0.3 0.8 0.1 1.1 V. J 0.2 0.3 - 2.8 0.1 0.5 0.1 0.1 3.6 0.1 0.3 - 0.7 0.2 0.3 2.1 2.3 - 3.1 0.9 - 0.4 1.6 - 6.7 7.5 2.2 1.0 - 0.6 1.2 - 5.2 6.1 2.6 1.1 0.5 0.3 - 0.1 1.6 0.5 - 6.3 - 2.3 6.7 5.9 1.1 0.9 1.6 2.2 1.9 - 2.9 5.5 1.5 0.2 - 0.3 - 0.1 - 0.2 - 1.5 0.9 - 0.8 0 1/ 0.9 0 _ „ 0 - 9.4 - 1.6 0.1 1/ 0 . 9 ~ 0 -10.2k - 1.6 1.9 0 0 0.1 0.7 1 / 0.2 0 - 5.9 - 0.9 0.1 o.s - 0.5 0.1 - 1.0 - 0.4 - 0.9 - 1.5 0 - 8.5 - 0.9 - c.3 - o.s 0.2 - 0.5 - 1.0 - 0.9 - 0.3 0.1 - 0.9 0.1 - 0.2 - 0.9 - 2.0 - 0.4 0 - 0.1 0.3 - 0.4 - 1.6 0 0.2 0.6 - 1.1 - 0.2 1.7 0.4 0.3 0.2 1.2 - 0.1 - 2.1 0.5 0.6 - 0.8 - 0.4 0.6 1.2 j1-0.5 - 1 . 1 | - 2.4 - 2.6 0.2 - 0.2 0.1 - 0.1 - 0.1 - 0.5 0.5 - ^ 4 0.1 - 0.4 - 2.0 - 0.2 - 2 ^ 1.2 - 0.8 - 3.0 - 0.1 - 0.8 c!i - 0.9 - 4.7 - 0.2 - • „ 0.4 - - 0.8 0.7 1.3 0.8 0 - 0.2 0.6 - 0.7 1.5 0.5 o.s 0. i - 0.2 0.3 - 0.8 - 0.9 -0.1 - . City TABIE 5. CONSUMER PRICE INDEX — FOOD AND ITS SUBGROUPS May 195* Indexes and Percent Changes, April 195* to May 195* U. S. City Average and 20 Large Citiee (l9*7-*9 = 100) Meats , Poultry Dairy Total Cereals & Products Food at Home Baker y Products & JFish Total Food Percent Percent Percent Percent Percent Index Change Index Change Index Change Index Change Index Change 0.8 112.8 0.9 Atlanta — — — •11*.1 Baltimore — — 11*. 9 Boston — — — — — — 110.1 111.7 11*. 8 Cincinnati — Cleveland — 111.* Detroit — — — 116.2 112.2 Houston Kansas City — — — 108.6 Los Angeles 113.* 1.2 0.9 0.7 1.2 1.0 1.1 0.1 0.1 0.* 0.3 113.5 11*.2 109.2 111.0 11*.* 110.8 115.* 111.* 107.9 112.3 Minneapolis — — — New York — Philadelphia Pittsburgh - — Portland, Ore. St. Louis San Francisco Scranton Seattle — — — — Washington, D.C. -- 0.5 0.7 1.1 1.3 112.7 111.* 11*. 8 11*. 3 112.9 11*.* 11*. 1 112.8 113.1 112.1 U.S. CITY AVERAGE 113.3 112.7 111.8 115.6 11*. 8 112.9 115.8 11*. 7 112.8 113.1 112.9 0.6 0.8 0.7 0.9 0.* 1.7 Fruits & Vegetables Percent Index Change Other Foods at Home Percent Index Change 103.5 - 1.1 11*. 6 *.2 11*. 5 0.8 112.9 112.6 107.8 112.7 111.7 110.3 125.0 111.0 105.1 115.* 6.7 2.2 *.5 6.7 5.5 *.9 1.0 0 0.1 1.6 108.* 11*. 8 108.7 121.* 120.* 118.8 117.2 113.8 109.7 111.0 1.0 2.3 1.1 1.1 0.8 1.0 1.0 123.1 2.* 5.2 119.5 1.3 115.9 0.3 0.1 115.9 12*. 1 0.6 112.6 0.5 123.0 0.6 111.2 1.7 113.8 - 0.3 111.3 - 0.5 1.6 11?.? 0.2 111.0 0.5 1.* 1.0 1.0 1.1 1.1 1.3 0.2 0.* -0.5 0.* 116.0 - 0.1 121.7 - 0.2 0.1 U9.3 116.8 - 0.3 118.6 0.2 116.3 - 0.3 0 117.8 118.* - 0.1 120.3 0 0 122.5 118.* 113.7 106.7 106.* 115.7 108.6 109.8 107.8 107.2 110.7 0.* 0.6 0.7 0.6 0.2 0.9 0 0.7 -0.5 1.0 108.1 107.2 102.9 102.1 103.5 97.* 10*. 1 106.7 96.6 103.2 0.2 0.6 1.3 2.2 0.1 0.3 1.7 2.3 3.1 0 0.7 0.7 1.2 1.5 0.8 1.0 0.9 1.3 0.5 12*.6 - 0.1 0 125.2 0 120.8 1.2 122.5 115.* - 0.2 0 116.5 0 127.5 0.1 119.5 121.9 - 0.1 1.8 120.7 10* .2 0.* 110.5 0.1 113.* 0.9 108.1 1.0 11*. 8 0.7 112.1 1.5 110.7 0.3 111.2 1.1 110.6 -0.1 107.2 1.5 100.6 105.3 107.2 106.9 96.8 105.7 105.6 103.5 110.8 - 0.6 1.2 0.2 0.1 0.2 0.1 0.2 1.3 121.3 101.8 0.* 1.0 108.8 116.6 11*. 3 11*. 1 122.1 121.1 112.7 120.6 110.1 6.0 6.1 2.8 2.1 1.9 8.1 *.3 3.8 1.8 0.5 - 0.6 TAB IE 6. RETAIL FOOD PRICES FOR MAT AND APRIL 195* U.S. City Average Food and Unit May 195* April 195* CEREALS AND BAKERY PRODUCTS! (Cents) (Cents) Fresh (continued) Flour, wheat 53.8 Oranges, size 200 5 lb. 53.7 20 oz., Biscuit mix Lemons 27.5 27.5 lb., Corn meal Strawberries 12.5 12.5 lb. Rice Potatoes 19.7 19.7 20 oz. Rolled oats Sweetpotatoes 18.5 18.5 C o m flakes 21.8 12 oz. Onions 21.9 Bread, white lb. 17.0 17.0 Carrots Soda crackers lb. Lettuce 27.1 27.1 23.6 23.6 Vanilla cookies OS. Celery 7 MEATS, POULTRY AND FISH: Cabbage Round steak lb. Tomatoes 88.3 89.9 Chuck roast lb. 51.2 Beans, green 51.7 Rib roast lb* 70.0. 69a Canned Hamburger lb. Orange juice *0.9 *0«7 Veil cutlets lb» Peaches 110,9 110.9 IV Pork ckoppj center cut Pineapple 88.5 90.3 88.* Bacon, sliced lb. Fruit cocktail 89.5 72.8 lb. Ham, whole Corn, cream style 73.9 lb. Lsmb, leg Peas, green 7*.* 7*.l 56.0 lb. Frankfurters Tomatoes 55.9 52.2 12 oz. Luncheon meat, canned Baby foods 51.7 lb. Frying chickens, dressed Dried *5.* *3.5 lb. 5*.6 Frying chickens, ready-to-cook Prune8 53.1 **.o lb. Ocean perch, fillet, frozen Navy beans **.3 lb. Haddock, fillet, frozen *9.6 *9.8 3THER FOODS AT HOME: 16 oz. Salmon, pink, canned 51.2 Vegetable soup 52.3 Tuna fish, canned 39.6 Beans with pork 7 oz. 39.3 DAIRY PRODUCTS: Gherkins, sweet 21.2 qt. Milk, fresh, (grocery) Catsup, tomato 21.5 qt. 22.2 Milk, fresh, (delivered) 22.5 Coffee 29.6 pt. 29.6 Ice cream Tea 70.0 69.6 lb. Butter Cola drink carton lb. Cheese, American process Shortening, hydrogenated 57.7 57.3 l*.o Milk, evaporated 1* l/a oz. can 13.9 Margarine, colored FRUITS AND VEGETABLES: Lard Frozen Salad dressing Strawberries 12 oz. 36.8 Peanut butter 36.7 6 oz. Orange juice concentrate 18.5 16.7 Sugar 10 oz. 19.2 Corn syrup Peas, green 19.* 10 oz. Beans, green 2*. 5 2*. 5 Grape Jelly Fresh Chocolate bar 16.8 lb. Apples 15.9 Eggs, Grade A, large Bananas 16.0 lb. 16.3 Gelatin, flavored May ' 195* Food and Unit doz. lb. pt. 15 lb. lb. lb. lb. head lb. lb. lb. lb. (Cents) 52.6 18.* 31.0 7*.3 1*.6 7.8 13.* 18.1 April 195* (Cents) 50.1 18.0 38.7 66.9 23.8 13.* 6.6 12.* 15.1 12.6 7.* 28.6 25.2 *6 oz. can #2 1/2 can #2 1/2 can #2 1/2 can #303 can #303 can #2 can * 1/2-5 oz. 33.0 32.8 38.7 *l.l 18.2 21.3 17.3 9.8 32.8 32.9 38.6 *1.1 18.* 21.3 17.2 9.8 lb. lb. 30.3 17.* 11 oz. can 16 oz. can 7 1/2 oz. 1* oz. lb. 1/* lb. of 6, 6 oz. lb. lb. lb. pt. lb. 5 lb. 2* oz. 12 oz. 1 oz. doz. 3-* oz. 1*.3 1*.5 12.7 7.6 3*.l 30.0 17.3 28.0 35.8 *9.0 52.7 1*.3 1*.* 30.1 22.2 113.6 33.* 31.1 3*. 5 29.5 26.7 35.8 *9.1 52.5 25.3 *.6 53.8 8.5 25.1 *.5 55.5 8.5 29.8 22.3 118.0 33.9 31.9 3*.7 29.8 23.6 23.6 BRIEF EXPLANATION OF THE CONSUMER PRICE INDEX 7 The Consumer Price Index measures the average change in prices of goods and services customarily purchased by city wage-earner and clerical-worker families. Index numbers are presented on the base 19^7-^9 = 100, and show the average increase or decrease in prices from the 19^7-^9 average. For the convenience of users, indexes are also calculated on the base 1935-39 « 100. About 300 items are priced for the index to estimate the average change in prices of a fixed quantity of goods and services from one period to the next. Among these are all the, important items that wage and clerical workers buy, and they are selected so that their average price change will be representative of the price changes on all items. Prices are collected in k6 cities which are representative of all cities in the United States. Foods, fuels, rents, and a few other items are priced every month in each city. Prices of most other goods and services are obtained every month in the 5 largest cities, every 3 months in 16 other large cities and in 9 medium-sized cities, and every months in l6 small cities. In each city, prices are reported by representative retail stores and service establishments patronized by wage and clerical worker families. Indexes are calculated for all cities combined (the U.S. city average) and for each of the 20 largest cities. No separate index numbers are calculated for the following 26 medium-sized and small cities which are included in the U.S. average: Anna, Illinois Camden, Arkansas Canton, Ohio Charleston, W. Virginia Evansville, Indiana Garrett, Indiana Glendale, Arizona Grand Forks, N. Dakota Grand Island, Nebraska Huntington, W. Virginia Laconia, New Hampshire Lodi, California Lynchburg, Virginia Madill, Oklahoma Madison, Wisconsin Middlesboro, Kentucky Middletown, Connecticut Newark, Ohio Pulaski, Virginia Ravenna, Ohio Rawlins, Wyoming San Jose, California Sandpoint, Idaho Shawnee, Oklahoma Shenandoah, Iowa Youngstown, Ohio In the calculation, price changes on individual items are weighted by their importance in wage-earner and clerical-worker family spending. City data are combined by weighting with 1950 population data to arrive at the U.S. city average. Comparison of city indexes shows only that prices in one city changed more or less than in another. City indexes do not measure differences in price level between cities. A detailed description of the index containing lists of items priced, their weights, cities included, and an explanation of the index calculation, its uses and limitations, is available in Bureau of Labor Statistics Bulletin No. ll*J-0 - "The Consumer Price Index - A Laymanfs Guide," for sale by the Superintendent of Documents, United States Government Printing Office, Washington 25, D. C. Price 20 cents. A more technical description of the Consumer Price Index is available upon request to the Bureau of Labor Statistics, U. S. Department of Labor, Washington 25, D. C. Historical series of iildex numbers for the U.S. city average and 20 individual large cities are available upon request. These series include index numbers for All Items, Food, Apparel, and Rent for periods from 1913 to date; and for other groups of goods and services from 19^7 to date.