Printer Friendly

GROCERY PRICES INCREASE IN DECEMBER: HIGHER NATURAL GAS PRICES CAUSE ENERGY INDEX TO RISE MODERATELY

 GROCERY PRICES INCREASE IN DECEMBER: HIGHER NATURAL GAS PRICES CAUSE ENERGY INDEX TO RISE MODERATELY
 BALTIMORE, Jan. 16 /PRNewswire/ -- Grocery prices in the Baltimore area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose 2.1 percent in December, the U.S. Bureau of Labor Statistics reported today.
 Alan M. Paisner, the Bureau's regional commissioner, noted that every grocery category increased over the month. Since December 1990, the food at home index for Baltimore City and the counties of Anne Arundel, Baltimore, Carroll, Harford, Howard, and Queen Annes rose 1.5 percent. (See table 1.)
 The other food at home category increased 2.3 percent over the month, the largest increase in that category in 5 months. Over the year, prices for these prepared foods were up only 1.8 percent due to declines in 7 of the last 12 months.
 Prices at the butcher counter were higher over the month, but were 2.0 percent lower than levels 1 year ago. Fruits and vegetables prices rose sharply since November, up 3.3 percent, and posted a 5.7 percent increase over the year. Cereals and bakery products prices also increased over the month, up 1.4 percent, leaving that category 4.6 percent higher than levels last December. Prices for dairy products increased 1.3 percent in December following a 0.5 percent decline in November.
 The Baltimore food at home index stood at 139.3 on the 1982-84 base, which means that grocery shoppers in the Baltimore area would have had to spend $13.93 last month for a market basket of food items that cost $10.00 in 1982-84.
 An increase in the price of natural gas was the main contributor to the 0.6 percent rise in the energy index over the month. Natural gas prices rose sharply in December, up 5.5 percent, the largest 1-month increase in over 8 years. Despite that increase, natural gas prices were still 1.9 percent lower than levels 1 year ago. Motor fuel prices were unchanged since November and were almost 17 percent lower than last December. Table 1. Consumer Price Index for All Urban Consumers: Baltimore area, December 1991, not seasonally adjusted (1982-84-100, unless otherwise noted)
 Index Percent change
 GROUP Dec. to Dec. 1991 from
 1991 Nov. Dec.
 1991 1990
 Food at home....................... 139.3 2.1 1.5
 Cereals and bakery products...... 162.6 1.4 4.6
 Meats, poultry, fish, and eggs... 130.9 1.7 -2.0
 Meats, poultry and fish......... 132.2 1.1 -1.6
 Dairy products................... 136.0 1.3 1.8
 Fruits and vegetables............ 152.2 3.3 5.7
 Other foods at home.............. 132.3 2.3 1.8
 Energy............................. 102.4 0.6 -6.9
 Fuels.............................. 102.5 1.3 4.4
 Fuel oil......................... 90.2 0.9 -19.7
 Gas (piped) and electricity...... 116.4 1.3 10.3
 Electricity..................... 127.2 0.0 15.1
 Utility (piped) gas............. 92.7 5.5 -1.9
 Motor fuel......................... 103.3 0.0 -16.8
 Gasoline......................... 102.0 0.0 -16.9
 Gasoline, unleaded regular...... 99.8 -0.2 -18.4
 Gasoline, unleaded premium...... 104.1 0.1 -15.1
 -0- 1/16/92
 /CONTACT: Michelle Weihmann (information), 215-596-1154, or Maureen Greene (media), 215-596-1157, U.S. Department of Labor, Bureau of Labor Statistics/ CO: U.S. Department of Labor, Bureau of Labor Statistics ST: Maryland IN: HOU SU: ECO


MP -- PH006 -- 0359 01/16/92 09:10 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jan 16, 1992
Words:583
Previous Article:SECURITY PACIFIC REPORTS PRELIMINARY 1991 FOURTH QUARTER RESULTS
Next Article:UNITED STATES SURGICAL CORPORATION ANNOUNCES 98 PERCENT INCREASE IN NET INCOME ON SALES INCREASE OF 64 PERCENT FOR YEAR ENDED DEC. 31, 1991


Related Articles
MORE EXPENSIVE PRODUCE PUSHES LOCAL GROCERY PRICES UP: ENERGY PRICES DOWN SLIGHTLY IN BALTIMORE AREA
LABOR DEPARTMENT: GROCERY PRICES FALL SHARPLY IN MARCH; ENERGY INDEX UP SLIGHTLY IN PITTSBURGH-BEAVER VALLEY AREA
GROCERY PRICES UP DUE TO SHARP RISE AT BUTCHER COUNTER; LOWER MOTOR FUEL PRICES CAUSE ENERGY INDEX TO FALL
HIGHER BUTCHER PRICES CAUSE GROCERY PRICES TO RISE: ENERGY INDEX UP SLIGHTLY DUE TO MORE EXPENSIVE GASOLINE
BALTIMORE AREA GROCERY PRICES DOWN 0.5 PERCENT IN JUNE; ENERGY INDEX UP DUE TO INCREASE IN ELECTRICITY PRICES
HIGHER PRICED PRODUCE CAUSE GROCERY PRICES TO RISE; ENERGY INDEX UP SLIGHTLY DUE TO MORE EXPENSIVE MOTOR FUEL
BALTIMORE AREA GROCERY PRICES DOWN FOR THIRD MONTH IN A ROW; ENERGY PRICES EDGE DOWN
BALTIMORE AREA RETAIL PRICES UP 0.6 PERCENT SINCE NOVEMBER HIGHER HOUSING COSTS MAINLY RESPONSIBLE
Producer prices in 2000: energy goods continue to climb.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters