BLS - U.S. Bureau of Labor Statistics

10/15/2024 | Press release | Distributed by Public on 10/15/2024 13:25

Consumer Price Index, Midwest Region – September 2024

News Release Information

24-2111-KAN
Tuesday, October 15, 2024

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  • (816) 285-7000

Consumer Price Index, Midwest Region - September 2024

Area prices were unchanged in September, up 2.5 percent over the year

Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), were unchanged in September, the U.S. Bureau of Labor Statistics reported today. (See table A.) A 4.5-percent decrease in the energy index was balanced out by a 0.3-percent advance in the index for all items less food and energy and a 0.5-percent increase in the food index over the month. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U rose 2.5 percent. (See chart 1.) The index for all items less food and energy increased 3.4 percent over the year, while the food index advanced 2.0 percent. Energy prices declined 5.9 percent, largely the result of a decrease in the index for gasoline. (See table 1.)

View Chart Data
Chart 1. Over-the-year percent change in CPI-U, Midwest region, September 2021-September 2024
Month All items All items less food and energy

Sep 2021

5.7 4.0

Oct 2021

6.6 4.6

Nov 2021

7.3 5.0

Dec 2021

7.5 5.7

Jan 2022

7.9 6.4

Feb 2022

8.0 6.4

Mar 2022

8.6 6.4

Apr 2022

8.2 6.0

May 2022

8.8 5.9

Jun 2022

9.5 5.7

Jul 2022

8.6 5.4

Aug 2022

8.1 5.8

Sep 2022

8.1 6.2

Oct 2022

7.4 5.8

Nov 2022

6.8 5.5

Dec 2022

6.0 5.2

Jan 2023

6.0 4.9

Feb 2023

5.6 5.0

Mar 2023

4.9 5.4

Apr 2023

4.9 5.5

May 2023

3.7 5.0

Jun 2023

2.4 4.8

Jul 2023

2.9 5.0

Aug 2023

3.4 4.5

Sep 2023

3.2 4.2

Oct 2023

2.9 4.3

Nov 2023

2.9 4.2

Dec 2023

3.2 4.1

Jan 2024

2.7 3.7

Feb 2024

2.8 3.4

Mar 2024

2.8 3.2

Apr 2024

2.8 3.1

May 2024

2.7 3.0

Jun 2024

2.5 2.9

Jul 2024

2.7 2.9

Aug 2024

2.6 3.2

Sep 2024

2.5 3.4
Food

Food prices advanced 0.5 percent for the month of September. The index for food at home (grocery store prices) increased 0.7 percent, and the index for food away from home (restaurant, cafeteria, and vending purchases) rose 0.3 percent during the same period. Within the food at home category, the indexes for fruits and vegetables (+1.8 percent) and nonalcoholic beverages and beverage materials (+1.2 percent) led advances.

Over the year, food prices rose 2.0 percent. Prices for food away from home were up 3.4 percent, and prices for food at home advanced 1.2 percent since a year ago. The increase within food at home was led by the index for meats, poultry, fish and eggs, up 3.0 percent.

Energy

The energy index was down 4.5 percent over the month, largely due to lower prices for gasoline (-8.1 percent). The indexes for natural gas service and electricity also fell, 1.5 percent and 0.5 percent, respectively, for the same period.

From September 2023 to September 2024, energy prices decreased 5.9 percent, almost entirely due to a decline in the gasoline index (-14.3 percent). The indexes for electricity and natural gas service both rose, 2.7 percent and 5.4 percent, respectively, somewhat moderating the fall in prices over the year.

All items less food and energy

The index for all items less food and energy advanced 0.3 percent in September. Higher prices for apparel (+4.1 percent), owners' equivalent rent of residences (+0.4 percent), and medical care services (+0.7 percent) were partially offset by lower prices for lodging away from home, and recreation (-1.5 percent).

Over the year, the index for all items less food and energy increased 3.4 percent. The increase was primarily led by the index for owners' equivalent rent of residence (+6.1 percent). A decrease in the index for used cars and trucks (-4.1 percent) led component declines.

Table A. Midwest region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2020 2021 2022 2023 2024
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.4 2.5 0.5 1.2 0.8 7.9 0.8 6.0 0.3 2.7

February

0.3 2.1 0.8 1.7 0.9 8.0 0.5 5.6 0.6 2.8

March

-0.5 1.0 0.7 3.0 1.3 8.6 0.6 4.9 0.7 2.8

April

-1.1 -0.4 0.8 4.9 0.5 8.2 0.6 4.9 0.5 2.8

May

0.3 -0.4 1.0 5.6 1.5 8.8 0.3 3.7 0.2 2.7

June

0.8 0.4 1.0 5.8 1.6 9.5 0.4 2.4 0.1 2.5

July

0.5 0.7 0.6 5.9 -0.2 8.6 0.3 2.9 0.5 2.7

August

0.4 1.1 0.2 5.7 -0.2 8.1 0.2 3.4 0.1 2.6

September

0.2 1.3 0.2 5.7 0.2 8.1 0.1 3.2 0.0 2.5

October

-0.1 1.0 0.8 6.6 0.1 7.4 -0.1 2.9

November

-0.2 1.0 0.4 7.3 -0.2 6.8 -0.2 2.9

December

0.1 1.1 0.3 7.5 -0.5 6.0 -0.2 3.2

The October 2024 Consumer Price Index for the Midwest Region is scheduled to be released on Wednesday, November 13, 2024..


Technical Note

The Consumer Price Index (CPI) is a measure of the average change in prices over time in a fixed market basket of goods and services. The Consumer Price Index for Midwest is published monthly. The set of components and sub-aggregates published for regional and metropolitan indexes is more limited than at the U.S. city average level; these indexes are byproducts of the national CPI program. Each local index has a much smaller sample size than the national or regional indexes and is, therefore, subject to substantially more sampling and other measurement error. As a result, local-area indexes are more volatile than the national or regional indexes. In addition, local indexes are not adjusted for seasonal influences. NOTE: Area indexes do not measure differences in the level of prices between cities; they only measure the average change in prices for each area since the base period.

The Midwest region is comprised of Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.

Refer to the national CPI news release technical note or the Handbook of Methods for more information.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods, Midwest Region, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure category Indexes Percent change from
Jul.
2024
Aug.
2024
Sep.
2024
Sep.
2023
Jul.
2024
Aug.
2024

All items

292.256 292.559 292.547 2.5 0.1 0.0

All items (December 1977 = 100)

475.518 476.010 475.990

Food and beverages

316.712 316.497 317.971 2.0 0.4 0.5

Food

318.096 317.834 319.487 2.0 0.4 0.5

Food at home

291.065 290.118 292.066 1.2 0.3 0.7

Cereals and bakery products

337.720 337.602 341.091 0.6 1.0 1.0

Meats, poultry, fish, and eggs

318.712 318.943 321.191 3.0 0.8 0.7

Dairy and related products

247.328 245.066 247.211 0.6 0.0 0.9

Fruits and vegetables

320.105 315.521 321.073 -0.5 0.3 1.8

Nonalcoholic beverages and beverage materials

214.987 213.695 216.279 2.8 0.6 1.2

Other food at home

259.462 260.038 258.809 0.6 -0.3 -0.5

Food away from home

362.442 363.576 364.579 3.4 0.6 0.3

Alcoholic beverages

297.190 297.625 296.625 1.4 -0.2 -0.3

Housing

293.594 294.606 294.812 4.8 0.4 0.1

Shelter

354.016 355.828 355.991 5.8 0.6 0.0

Rent of primary residence(1)

354.887 356.635 358.075 5.7 0.9 0.4

Owners' equivalent rent of residences(1)(2)

359.460 361.819 363.237 6.1 1.1 0.4

Owners' equivalent rent of primary residence(1)(2)

359.340 361.707 363.125 6.1 1.1 0.4

Fuels and utilities

279.655 279.047 277.552 3.3 -0.8 -0.5

Household energy

226.939 226.283 224.609 3.1 -1.0 -0.7

Energy services(1)

235.403 234.765 232.890 3.5 -1.1 -0.8

Electricity(1)

249.365 250.510 249.192 2.7 -0.1 -0.5

Utility (piped) gas service(1)

191.239 187.353 184.593 5.4 -3.5 -1.5

Household furnishings and operations

139.936 139.508 140.699 -0.2 0.5 0.9

Apparel

119.659 120.732 125.726 2.0 5.1 4.1

Transportation

264.975 263.510 260.615 -1.7 -1.6 -1.1

Private transportation

264.951 263.155 259.598 -1.7 -2.0 -1.4

New and used motor vehicles(3)

125.576 124.997 125.223 -1.6 -0.3 0.2

New vehicles

172.502 172.280 172.094 -0.9 -0.2 -0.1

New cars and trucks(3)(4)

New cars(4)

167.202 166.878 166.477 -1.5 -0.4 -0.2

Used cars and trucks

181.078 179.554 179.779 -4.1 -0.7 0.1

Motor fuel

315.445 308.397 283.882 -14.6 -10.0 -7.9

Gasoline (all types)

315.723 308.498 283.640 -14.3 -10.2 -8.1

Gasoline, unleaded regular(4)

307.217 299.753 274.918 -14.7 -10.5 -8.3

Gasoline, unleaded midgrade(4)(5)

371.445 366.284 341.214 -11.4 -8.1 -6.8

Gasoline, unleaded premium(4)

351.741 347.946 326.835 -9.6 -7.1 -6.1

Medical care

555.500 556.448 558.850 2.3 0.6 0.4

Medical care commodities

396.575 397.125 394.872 0.1 -0.4 -0.6

Medical care services

608.111 609.193 613.194 2.7 0.8 0.7

Professional services

469.103 468.475 473.691 1.7 1.0 1.1

Recreation(3)

142.115 142.035 139.928 0.1 -1.5 -1.5

Education and communication(3)

143.341 143.770 143.856 0.8 0.4 0.1

Tuition, other school fees, and child care(6)

1,325.577 1,332.734 1,351.369 3.8 1.9 1.4

Other goods and services

556.230 556.903 559.477 6.8 0.6 0.5

Commodity and service group

Commodities

218.293 217.649 216.997 -1.1 -0.6 -0.3

Commodities less food and beverages

173.448 172.691 171.347 -2.9 -1.2 -0.8

Nondurables less food and beverages

228.187 227.260 223.541 -3.2 -2.0 -1.6

Durables

120.973 120.401 120.726 -2.9 -0.2 0.3

Services

368.160 369.409 370.034 4.9 0.5 0.2

Special aggregate indexes

All items less shelter

272.553 272.281 272.202 1.0 -0.1 0.0

All items less medical care

279.912 280.182 280.047 2.6 0.0 0.0

Commodities less food

177.214 176.480 175.136 -2.8 -1.2 -0.8

Nondurables

271.516 270.901 269.498 -0.3 -0.7 -0.5

Nondurables less food

231.842 230.986 227.408 -2.9 -1.9 -1.5

Services less rent of shelter(2)

392.319 392.957 393.972 3.8 0.4 0.3

Services less medical care services

350.404 351.668 352.033 5.2 0.5 0.1

Energy

267.668 264.171 252.351 -5.9 -5.7 -4.5

All items less energy

298.385 299.026 300.056 3.2 0.6 0.3

All items less food and energy

295.870 296.655 297.588 3.4 0.6 0.3

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Indexes on a December 1982=100 base.
(3) Indexes on a December 1997=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
(6) Indexes on a December 1977=100 base.

Note: Index applies to a month as a whole, not to any specific date.