PRICES OF TRANSPORTATION SERVICES PAID BY AMERICAN HOUSEHOLDS

PRICES OF TRANSPORTATION SERVICES PAID BY AMERICAN HOUSEHOLDS

Consumer Price Indices for Transportation, U.S. City Average (monthly data, seasonally adjusted)

Consumer Price Indices for Transportation, U.S. City Average (monthly data, seasonally adjusted)

The Consumer Price Index (CPI) tracks the price of a market basket of goods and services purchased by U.S. households over time. Both monthly and annual changes are reported in the tables for the CPI in order to facilitate comparison with other series.

Price Index (1982-1984=100) May-00 May-01
Public transportation 210.40 208.00
Public transportation percent change from same month previous year 6.05 -1.14
All items 171.50 177.50
All items percent change from same month previous year 3.19 3.50
All transportation 152.50 158.00
All transportation percent change from same month previous year 6.05 3.61
Private transportation 148.40 154.30
Private transportation percent change from same month previous year 6.08 3.98
Price Index (1982-1984=100) Apr-01 May-01
Public transportation 205.50 208.00
Public transportation percent change from previous month -0.77 1.22
All items 176.80 177.50
All items percent change from previous month 0.28 0.40
All transportation 156.10 158.00
All transportation percent change from previous month 0.90 1.22
Private transportation 152.40 154.30
Private transportation percent change from previous month 1.06 1.25

NOTE: 1982-1984=100: The consumer price index for a specific item is a weighted average of the prices for the individual components of the item. The weights are determined by the expenditure shares of the individual components based on a survey of consumer expenditure during the base year(s). The base year price is then normalized to 100. For some items, BLS establishes weights using several years of consumer expenditure surveys in order to smooth out the effects of short-term price shocks and of the business cycle. Weights formed using several years will give a more accurate measure of typical consumer expenditure patterns.

SOURCE: U.S. Department of Labor, Bureau of Labor Statistics, available at: http://www.bls.gov/cpihome.htm.