Printer Friendly

PITTSBURGH CONSUMER PRICES RISE 0.6 PERCENT SINCE FEBRUARY

 PITTSBURGH CONSUMER PRICES RISE 0.6 PERCENT SINCE FEBRUARY
 PITTSBURGH, May 13 /PRNewswire/ -- Retail prices in the Pittsburgh-Beaver Valley area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose 0.6 percent since February, the United States Bureau of Labor Statistics reported today.
 Alan M. Paisner, the Bureau's regional commissioner, noted that higher housing costs paced the overall advance. The CPI-U for Allegheny, Beaver, Fayette, Washington, and Westmoreland Counties stood 3.7 percent higher in April of this year than 12 months ago. (See table A.)
 The housing index, which does not include the purchase price of homes, rose 1.0 percent since February. Moderating the increase was a 2-month drop in the fuel and other utilities index -- down 0.5 percent -- due to less expensive electricity.
 Following seasonal patterns, apparel prices jumped 3.0 percent since February as all apparel commodities became more expensive. Higher prices for women's and girls' apparel prices (particularly women's separates) paced the overall advance.
 Transportation prices edged upward over March and April. Sharply higher public transportation prices (specifically, airline fares) were primarily responsible for the advance. Motor fuel, priced monthly, rose 1.2 percent in April -- the largest 1-month advance in 7 months, yet remained nearly 3 percent below year-ago levels.
 Food and beverage prices fell 0.5 percent since February, mainly due to the drop in grocery prices in March. Grocery prices, which are surveyed monthly, turned upward in April as cereals and bakery products and dairy products each became more expensive.
 The CPI-U for the Pittsburgh-Beaver Valley area stood at 135.1 on the 1982-84 equals 100 reference base, which means that a market basket of goods and services which averaged $100.00 in the 1982-84 period would have cost $135.10 in April. The local Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose 0.5 percent since February to 129.4, up 3.6 percent over the year.
 PERCENT CHANGES IN CPI FOR ALL URBAN CONSUMERS (CIP-U)
 PITTSBURGH-BEAVER VALLEY AREA
 (NOT SEASONALLY ADJUSTED)
 Change for 2 Change for
 months ended 12 months ended
 Expenditure Dec. Feb. April April 1992
 category 1991 1992 1992
 All items 0.9 pct. -0.1 pct. 0.6 pct. 3.7 pct.
 Food & beverages 1.8 0.7 -0.5 1.9
 Housing 1.2 -0.4 1.0 4.0
 Apparel & upkeep -2.8 -1.8 3.0 1.4
 Transportation 1.0 -1.1 0.4 3.0
 Medical care 0.4 1.4 -0.1 7.8
 Entertainment 0.6 0.8 -0.5 1.4
 Other goods
 & services 1.5 2.2 0.5 9.1
 Special index:
 Energy 0.1 -3.7 0.3 -0.8
 -0- 5/13/92
 /CONTACT: Kevin Babyak, information, 215-596-1154, or Maureen Greene, media, 215-596-1157, both of U.S. Department of Labor/ CO: U.S. Department of Labor ST: Pennsylvania IN: SU: ECO


CD -- PG003 -- 9520 05/13/92 09:18 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:May 13, 1992
Words:494
Previous Article:OPTELECOM, INC., ANNOUNCES FIRST QUARTER RESULTS
Next Article:TIME WARNER RECEIVES BANK COMMITMENTS FOR REFINANCING OF $6.2 BILLION


Related Articles
PITTSBURGH AREA RETAIL PRICES UP 0.9 PERCENT SINCE OCTOBER, 4.1 PERCENT OVER THE YEAR
MORE EXPENSIVE PRODUCE PUSHES LOCAL GROCERY PRICES UP: ENERGY PRICES DOWN SLIGHTLY IN BALTIMORE AREA
PITTSBURGH AREA RETAIL PRICES FALL 0.1 PERCENT SINCE DECEMBER; RISE 3.9 PERCENT OVER THE YEAR
LABOR DEPARTMENT: GROCERY PRICES FALL SHARPLY IN MARCH; ENERGY INDEX UP SLIGHTLY IN PITTSBURGH-BEAVER VALLEY AREA
HIGHER BUTCHER PRICES CAUSE GROCERY PRICES TO RISE: ENERGY INDEX UP SLIGHTLY DUE TO MORE EXPENSIVE GASOLINE
HIGHER PRICED PRODUCE CAUSE GROCERY PRICES TO RISE; ENERGY INDEX UP SLIGHTLY DUE TO MORE EXPENSIVE MOTOR FUEL
FRUITS AND VEGETABLES CAUSE GROCERY PRICES TO RISE: ENERGY INDEX DOWN SLIGHTLY DUE TO LESS EXPENSIVE MOTOR FUEL
FIRST DROP IN PITTSBURGH AREA RETAIL PRICES SINCE FEBRUARY; SEASONAL DECLINE IN APPAREL PRICES RESPONSIBLE

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