New York Office Internet Address: http://www.bls.gov/ro2/home.htm Media Contact: Michael L. Dolfman,(212) 337-2500 Information: Martin Kohli,(646) 264-3620 NEW YORK-NORTHERN NEW JERSEY CPI INCHED UP 0.1 PERCENT IN AUGUST, 5.4 PERCENT INCREASE FROM YEAR AGO Retail prices in the greater New York area, including Northern New Jersey and Southwestern Connecticut, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), inched up 0.1 percent in August, following an increase of 0.7 percent in July. Michael L. Dolfman, Regional Commissioner of the U. S. Department of Labor's Bureau of Labor Statistics, said the August index reflected increases in housing and apparel. Higher prices for education and communication and food and beverages also contributed to the rise. These increases were largely offset by lower prices for transportation. For the year ended in August 2008, the CPI-U advanced 5.4 percent, the largest increase since June 2006, and core inflation, as measured by the all items less food and energy index, was 2.8 percent. With the New York-Northern New Jersey Consumer Price Index for All Urban Consumers at 240.550 in August (1982-84=100), $24.06 was required to purchase what $10 could in the 1982-84 base period. The purchasing power of the dollar was 41.6 cents in 1982-84 dollars and 14.4 cents in 1967 dollars. In August, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 235.510, unchanged over the month. The CPI-W rose 6.1 percent over the year. On a 1967 base, the August CPI-W was 670.557. Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences. The New York-Northern New Jersey-Long Island, NY-NJ-CT-PA consolidated area comprises the five boroughs of New York City, Nassau, Suffolk, Westchester, Rockland, Putnam, Dutchess, and Orange Counties in New York State; Bergen, Essex, Hudson, Hunterdon, Mercer, Monmouth, Middlesex, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren Counties in New Jersey; Fairfield County and parts of Litchfield, New Haven and Middlesex Counties in Connecticut; and Pike County in Pennsylvania. NYLS - 7345 Labor - New York 09/12/08 Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods New York-Northern N.J.-Long Island, NY-NJ-CT-PA (1982-84=100 unless otherwise noted) Indexes Percent change from- Item and Group June July Aug. Aug. June July 2008 2008 2008 2007 2008 2008 Expenditure category All items................................. 238.580 240.273 240.550 5.4 0.8 0.1 All items (1967=100)...................... 689.702 694.595 695.396 - - - Food and beverages....................... 221.658 223.278 224.520 6.0 1.3 .6 Food.................................... 220.934 222.523 223.732 6.1 1.3 .5 Food at home........................... 221.524 223.293 225.000 7.8 1.6 .8 Food away from home.................... 226.122 227.536 228.174 4.1 .9 .3 Alcoholic beverages..... 228.273 230.313 232.027 4.5 1.6 .7 Housing................................. 257.051 259.706 260.568 4.6 1.4 .3 Shelter................................ 304.891 307.161 308.643 2.9 1.2 .5 Rent of primary residence 1/........... 294.696 297.326 299.103 5.9 1.5 .6 Owners’ equivalent rent of primary residence 1/ 2/ ................... 312.623 313.335 314.378 3.5 .6 .3 Fuels and utilities.................... 227.924 236.499 235.786 23.7 3.4 -.3 Household energy...................... 233.487 242.451 241.662 25.6 3.5 -.3 Gas (piped) and electricity 1/....... 214.201 223.953 227.868 19.2 6.4 1.7 Electricity 1/...................... 197.607 206.046 220.254 21.9 11.5 6.9 Utility (piped) gas service 1/...... 243.987 256.392 236.195 11.7 -3.2 -7.9 Household furnishings and operations... 127.815 127.691 127.318 -1.9 -.4 -.3 Apparel................................. 107.067 106.470 111.287 3.0 3.9 4.5 Transportation.......................... 217.187 218.149 212.162 11.2 -2.3 -2.7 Private transportation................. 207.008 208.336 201.938 11.4 -2.4 -3.1 Motor fuel............................ 315.400 319.030 295.412 34.9 -6.3 -7.4 Gasoline (all types)................. 313.724 317.421 293.916 34.7 -6.3 -7.4 Gasoline, unleaded regular 3/....... 319.984 323.309 297.984 35.7 -6.9 -7.8 Gasoline, unleaded midgrade 3/ 4/... 309.132 314.032 294.113 33.6 -4.9 -6.3 Gasoline, unleaded premium 3/....... 304.244 308.351 287.718 31.9 -5.4 -6.7 Medical care............................ 368.419 369.528 369.816 2.1 .4 .1 Recreation 5/........................... 115.674 115.350 115.423 1.1 -.2 .1 Education and communication 5/.......... 128.943 129.762 131.880 4.5 2.3 1.6 Other goods and services................ 349.941 352.966 352.883 4.9 .8 .0 Commodity and service group All items................................ 238.580 240.273 240.550 5.4 .8 .1 Commodities............................. 185.345 186.181 184.969 7.4 -.2 -.7 Commodities less food and beverages.... 158.661 159.077 156.739 8.5 -1.2 -1.5 Nondurables less food and beverages... 198.938 200.119 196.430 15.0 -1.3 -1.8 Durables.............................. 107.284 106.819 106.094 -3.0 -1.1 -.7 Services................................ 284.256 286.672 288.192 4.2 1.4 0.5 Special aggregate indexes All items less medical care.............. 232.589 234.288 234.562 5.5 .8 .1 All items less shelter................... 212.859 214.322 214.078 7.0 .6 -.1 Commodities less food.................... 161.774 162.241 160.006 8.3 -1.1 -1.4 Nondurables.............................. 212.970 214.380 212.998 10.2 .0 -.6 Nondurables less food.................... 201.185 202.415 199.000 14.2 -1.1 -1.7 Services less rent of shelter 2/......... 271.532 274.238 275.872 6.3 1.6 .6 Services less medical care services...... 276.853 279.306 280.888 4.3 1.5 .6 Energy................................... 268.490 275.268 264.974 29.5 -1.3 -3.7 All items less energy.................... 237.309 238.515 239.829 3.3 1.1 .6 All items less food and energy.......... 241.782 242.923 244.264 2.8 1.0 .6 1/ This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator. 2/ Index is on a December 1982=100 base. 3/ Special index based on a substantially smaller sample. 4/ Indexes on a December 1993=100 base. 5/ Indexes on a December 1997=100 base. - Data not available. Table 2. Consumer Price Index for All Urban Consumers (CPI-U): Selected areas, all items index (1982-84=100, unless otherwise noted) All items Indexes Percent change to Percent change to CPI-U Pricing Aug. 2008 from-- July 2008 from-- schedule 1/ May June July Aug. Aug. June July July May June 2008 2008 2008 2008 2007 2008 2008 2007 2008 2008 U.S. city average........................... M 216.632 218.815 219.964 219.086 5.4 0.1 -0.4 5.6 1.5 0.5 Region 2/ Northeast urban............................. M 230.089 232.649 234.545 233.788 5.5 0.5 -0.3 5.7 1.9 0.8 Midwest urban............................... M 207.168 208.968 210.071 209.351 5.4 0.2 -0.3 5.6 1.4 0.5 South urban................................. M 210.006 212.324 213.304 212.387 5.6 0.0 -0.4 5.8 1.6 0.5 West urban.................................. M 221.009 223.040 223.867 222.823 4.9 -0.1 -0.5 5.3 1.3 0.4 Selected local areas 5/ Chicago-Gary-Kenosha, IL-IN-WI.............. M 214.932 215.738 217.459 215.971 4.9 0.1 -0.7 5.8 1.2 0.8 Los Angeles-Riverside-Orange County, CA..... M 226.651 229.033 229.886 228.484 5.1 -0.2 -0.6 5.7 1.4 0.4 New York-Northern N.J.-Long Island, NY-NJ-CT-PA............................. M 236.151 238.580 240.273 240.550 5.4 0.8 0.1 5.1 1.7 0.7 Boston-Brockton-Nashua, MA-NH-ME-CT......... 1 235.344 - 241.258 - - - - 6.3 2.5 - Cleveland-Akron, OH......................... 1 204.882 - 206.941 - - - - 5.0 1.0 - Dallas-Fort Worth, TX....................... 1 202.357 - 206.413 - - - - 6.2 2.0 - Washington-Baltimore, DC-MD-VA-WV 6/........ 1 139.649 - 142.065 - - - - 5.7 1.7 - Atlanta, GA................................. 2 - 212.032 - 211.404 5.0 -0.3 - - - - Detroit-Ann Arbor-Flint, MI................. 2 - 207.593 - 209.484 4.9 0.9 - - - - Houston-Galveston-Brazoria, TX.............. 2 - 193.567 - 192.723 4.9 -0.4 - - - - Miami-Fort Lauderdale, FL................... 2 - 225.079 - 225.473 5.8 0.2 - - - - Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD............................. 2 - 228.408 - 228.337 4.4 0.0 - - - - San Francisco-Oakland-San Jose, CA.......... 2 - 225.181 - 225.411 4.2 0.1 - - - - Seattle-Tacoma-Bremerton, WA................ 2 - 228.068 - 227.745 5.4 -0.1 - - - - U.S. CPI-U All Items, 1967 base is 656.284. The seasonally adjusted All Items index decreased 0.1 percent between July and August. Table 3. Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W): Selected areas, all items index (1982-84=100, unless otherwise noted) All items Indexes Percent change to Percent change to CPI-W Pricing Aug. 2008 from--July 2008 from-- schedule 1/ May June July Aug. Aug. June July July May June 2008 2008 2008 2008 2007 2008 2008 2007 2008 2008 U.S. city average........................... M 212.788 215.223 216.304 215.247 5.9 0.0 -0.5 6.2 1.7 0.5 Region 2/ Northeast urban............................. M 227.114 229.829 231.488 230.790 6.2 0.4 -0.3 6.2 1.9 0.7 Midwest urban............................... M 202.912 204.867 206.038 205.121 5.9 0.1 -0.4 6.1 1.5 0.6 South urban................................. M 207.912 210.469 211.438 210.362 6.2 -0.1 -0.5 6.4 1.7 0.5 West urban.................................. M 216.029 218.508 219.248 217.854 5.4 -0.3 -0.6 6.0 1.5 0.3 Selected local areas 5/ Chicago-Gary-Kenosha, IL-IN-WI.............. M 208.403 209.021 211.020 209.435 5.4 0.2 -0.8 6.2 1.3 1.0 Los Angeles-Riverside-Orange County, CA..... M 219.702 222.435 223.245 221.230 5.7 -0.5 -0.9 6.6 1.6 0.4 New York-Northern N.J.-Long Island, NY-NJ-CT-PA............................. M 230.923 233.776 235.446 235.510 6.1 0.7 0.0 5.9 2.0 0.7 Boston-Brockton-Nashua, MA-NH-ME-CT......... 1 235.419 - 240.511 - - - - 6.2 2.2 - Cleveland-Akron, OH......................... 1 195.898 - 198.063 - - - - 5.7 1.1 - Dallas-Fort Worth, TX....................... 1 206.258 - 210.830 - - - - 7.5 2.2 - Washington-Baltimore, DC-MD-VA-WV (6)....... 1 139.332 - 141.622 - - - - 5.9 1.6 - Atlanta, GA................................. 2 - 212.013 - 211.113 5.5 -0.4 - - - - Detroit-Ann Arbor-Flint, MI................. 2 - 203.524 - 205.492 5.5 1.0 - - - - Houston-Galveston-Brazoria, TX.............. 2 - 193.742 - 193.206 5.9 -0.3 - - - - Miami-Fort Lauderdale, FL................... 2 - 223.849 - 224.597 6.4 0.3 - - - - Philadelphia-Wilmington-Atlantic City, PA-NJ-DE-MD............................. 2 - 228.429 - 228.212 5.0 -0.1 - - - - San Francisco-Oakland-San Jose, CA.......... 2 - 221.454 - 221.385 4.6 0.0 - - - - Seattle-Tacoma-Bremerton, WA................ 2 - 223.573 - 223.273 6.2 -0.1 - - - - U.S. CPI-W All Items, 1967 base is 641.155. The seasonally adjusted All Items index decreased 0.2 percent between July and August. 1/ Areas on pricing schedule 2 will appear next month. 2/ Regions defined as the four Census regions. 3/ Indexes on a December 1996=100 base. 4/ Indexes on a December 1986=100 base. 5/ In addition, the following metropolitan areas are published semiannually and appear in Tables 34 and 39 of the January and July issues of the CPI Detailed Report: Anchorage, AK; Cincinnati-Hamilton, OH-KY-IN; Denver-Boulder-Greeley, CO; Honolulu, HI; Kansas City, MO-KS; Milwaukee-Racine, WI; Minneapolis-St. Paul, MN-WI; Phoenix-Mesa, AZ; Pittsburgh, PA; Portland-Salem, OR-WA; St. Louis, MO-IL; San Diego, CA; Tampa-St. Petersburg-Clearwater, FL. 6/ Indexes on a November 1996=100 base. - Data not available.
Last Modified Date: September 16, 2008
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