Printer Friendly

ANCHORAGE PRICES ROSE 2.1 PERCENT IN THE FIRST HALF OF 1992

 ANCHORAGE PRICES ROSE 2.1 PERCENT IN THE FIRST HALF OF 1992
 SAN FRANCISCO, Aug. 13 /PRNewswire/ -- Consumer prices in the Anchorage metropolitan statistical area rose 2.1 percent during the first half of 1992 according to the U.S. Department of Labor's Bureau of Labor Statistics. Sam Hirabayashi, the Bureau's regional commissioner, said that prices increased in all major categories of consumer spending. This latest semiannual increase pushed the index up 3.2 percent above the same period a year ago, and was the smallest annual gain in three years. (First half 1988 to first half 1989 increased 2.3 percent.) The All Items Consumer Price Index for All Urban Consumers in Anchorage reached 127.3 (1982-84-100) in the first six months of 1992. Consumer Price Index data for the area are not seasonally adjusted.
 Housing costs advanced 2.2 percent in the first six months of 1992 and were 5.5 percent above the same period a year ago. The shelter component rose 3.2 percent during the period and posted an 8.4 percent gain over the first half of 1991. The shelter index has been increasing steadily since the latter half of 1988 when it reached its lowest point in the past ten years. Shelter costs have climbed about 30 percent since that time, as compared with a 17 percent rise in the All Items index. However, as measured from the 1982-84-100 base period, shelter increased 11.4 percent while the All Items index grew more than twice that pace, advancing 27.3 percent.
 Household fuels and other utilities edged up 0.4 percent in the first six months of 1992. Increases in all other types of household fuel and utilities overcame an 8.0 percent drop in utility (piped) gas prices. These residential gas prices plunged 11.6 percent from the same period of last year after jumping 12.4 percent between the first halves of the previous years (1989-90).
 Food and beverages prices moved up 2.1 in the first half of 1992 as the costs of fruits and vegetables jumped 7.2 percent and alcoholic beverages prices advanced 4.8 percent. This increase in fruits and vegetables prices accounted for more than half the rise in grocery prices, up 2.9 percent. (The fruits and vegetables index usually increases between the latter half one year to the first half of the next year because of the seasonal nature of the category.) All other components of the food at home category also posted gains in the first half. The cost of restaurant meals and snacks eaten away from home rose 0.7 percent in the first half and was 2.0 percent above the same period a year ago.
 Apparel and upkeep costs advanced 1.7 percent in the first half of the year and were 5.4 percent above their same period year-ago levels. A 3.1 percent drop in footwear prices and a 0.1 percent decline in the cost of women's and girls' apparel, were more than offset by gains in other apparel categories. As compared with the same period last year, all components of the apparel and upkeep category posted increases with women's and girls' apparel registering the largest gain, up 7.8 percent.
 The overall transportation index rose 2.3 percent in the first half of the year as private transportation costs increased 1.4 percent and public transportation fares advanced 6.9 percent. The jump in public transportation this period, reflects a partial rebound from the steep drop (down 11.6 percent) that occurred in the latter half of 1991. Over the year, private transportation costs edged up 0.5 percent while the public transportation index stood 5.5 percent below last year's level.
 Medical care costs continued its upward trend increasing 2.6 percent in the first half of 1992. For the year, the medical care index advanced 6.7 percent. Entertainment costs rose 0.4 percent in the first semiannual period of the year and gained 1.3 percent over the same period last year. The other goods and services index advanced 2.0 percent in the first six months of 1992 and posted a 4.8 percent gain over-the-year.
 Consumer Price Index for All Urban Consumers: Indexes for
 semiannual averages and percent changes for selected periods
 (Data are not seasonally adjusted)
 Anchorage, Alaska (1982-84-100, unless otherwise noted)
 Percent change
 Semiannual to 1st half
 average index 1992 from-
 2nd 1st 1st 2nd
 half half half half
 1991 1992 1991 1991
 Expenditure category
 All items ............................. 124.7 127.3 3.2 2.1
 All items (October 1967-100) .......... 333.0 339.9 - -
 Food and beverages .................. 127.2 129.9 1.3 2.1
 Food .............................. 126.0 128.1 1.1 1.7
 Food at home .................... 130.1 133.9 .2 2.9
 Cereals and bakery products ... 133.6 137.4 3.2 2.8
 Meats, poultry, fish, and eggs 129.3 129.7 -2.2 .3
 Meats, poultry, and fish .... 128.0 128.6 -2.4 .5
 Dairy products ................ 125.3 127.6 2.8 1.8
 Fruits and vegetables ......... 149.3 160.1 -3.3 7.2
 Other food at home ............ 119.4 123.0 3.3 3.0
 Food away from home ............. 119.3 120.1 2.0 .7
 Alcoholic beverages ............... 133.4 139.8 2.2 4.8
 Housing ............................. 113.0 115.5 5.5 2.2
 Shelter ........................... 107.9 111.4 8.4 3.2
 Renters' costs 1/................ 128.2 133.2 8.7 3.9
 Rent, residential ............. 100.9 103.5 7.9 2.6
 Other renters' costs .......... 227.3 241.4 10.1 6.2
 Homeowners' costs 1/............. 108.7 111.8 8.0 2.9
 Owners' equivalent rent 1/..... 108.5 111.6 8.1 2.9
 Fuel and other utilities .......... 135.8 136.4 -.6 .4
 Fuels ........................... 140.9 138.8 -3.8 -1.5
 Fuel oil and other household
 fuel commodities .......... NA NA - -
 Fuel oil .................... NA NA - -
 Other household fuel
 commodities 2/........... 103.5 106.3 2.7 2.7
 Gas (piped) and electricity ... 158.4 155.5 -4.4 -1.8
 Electricity ................. 145.7 148.1 -.2 1.6
 Utility (piped) gas ......... 180.3 165.8 -11.6 -8.0
 Household furnishings and operation 117.7 116.8 -.5 -.8
 Apparel and upkeep .................. 128.9 131.1 5.4 1.7
 Apparel commodities ............... 129.1 131.4 5.6 1.8
 Men's and boys' apparel ......... 137.1 138.1 .8 .7
 Women's and girls' apparel ...... 147.3 147.2 7.8 -.1
 Footwear ........................ 97.2 94.2 1.5 -3.1
 Transportation ..................... 120.0 122.7 -0.6 2.3
 Private transportation ............ 116.7 118.3 .5 1.4
 Motor fuel ...................... 89.0 92.4 -6.5 3.8
 Gasoline ...................... 88.9 92.3 -6.3 3.8
 Gasoline, leaded regular .... NA NA - -
 Gasoline, unleaded regular .. 85.5 89.4 -6.1 4.6
 Gasoline, unleaded premium .. 94.1 96.2 -6.9 2.2
 Public transportation ............. 141.1 150.9 -5.5 6.9
 Medical care ........................ 176.9 181.5 6.7 2.6
 Entertainment ....................... 149.4 150.0 1.3 .4
 Other goods and services ............ 169.2 172.5 4.8 2.0
 Person...... 126.2 128.9 3.8 2.1
 Energy ................................ 108.8 109.7 -5.1 .8
 1/ Indexes on a November 1982-100 base.
 2/ Indexes on a December 1986-100 base.
 NA/ Data not adequate for publication.
 - Data not available.
 -0- 8/13/92
 CONTACT: Sam Hirabayashi, 415-744-7166, or Joyce Sakai 415-744-7132, both of the U.S. Department of Labor, Bureau of Labor Statistics/ CO: U.S. Department of Labor, Bureau of Labor Statistics ST: Alaska IN: SU:


IH -- SF010 -- 9593 08/13/92 11:38 EDT
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:Aug 13, 1992
Words:1294
Previous Article:BETZ LABORATORIES DECLARES DIVIDENDS
Next Article:USW SCHEDULES MEMBERSHIP MEETINGS PRIOR TO LTV VOTE
Topics:


Related Articles
BALTIMORE CONSUMER PRICES ROSE MODERATELY SINCE NOVEMBER
SEATTLE AREA PRICES ROSE 1.9 PERCENT IN THE FIRST HALF OF 1992
CONSUMER PRICE INDEX FOR THE WEST
SAN DIEGO CONSUMER PRICES UP 1.6 PERCENT IN FIRST HALF OF 1992; 3.4 PERCENT ABOVE A YEAR AGO
PORTLAND PRICES ROSE 2.7 PERCENT IN THE FIRST HALF OF 1992 -- 4.5 PERCENT ABOVE A YEAR AGO
SAN FRANCISCO PRICES ROSE 0.2 PERCENT IN JULY
BAY AREA PRICES ROSE 0.4 PERCENT IN AUGUST; APPAREL AND FOOD INCREASES CITED
SAN DIEGO CONSUMER PRICES UP 0.3 PERCENT IN SECOND HALF OF 1993 -- 2.1 PERCENT ABOVE A YEAR AGO
ANCHORAGE CONSUMER PRICES ROSE 1.8 PERCENT IN THE FIRST HALF OF 1995 - 2.9 PERCENT ABOVE A YEAR AGO
HONOLULU CONSUMER PRICES ROSE 0.7 PERCENT IN THE FIRST HALF OF 1995 - 2.1 PERCENT ABOVE A YEAR AGO

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters