HOUSTON Consumer Price Index Houston
HOUSTON Consumer Price Index Houston
6%
5%
4%
3%
2%
1%
0%
-1%
-2%
-3%
'05
'06
'07
'08
'09
'10
Houston CPI-U
'11
'12
'13
'14
'15
'16
U.S. CPI-U
INFLATION- NATIONWIDE
The cost of consumer goods and services as measured by the Consumer Price Index for All
Urban Consumers (CPI-U) decreased 0.1 percent nationwide from March 14 to March 15, its
third consecutive decline. According to data released today by the U.S. Bureau of Labor
Statistics, the decrease is a result of an 18.3 percent drop in the energy index. Core inflation (all
items less the volatile food and energy categories) rose 1.8 percent over the past 12 months.1
Within the energy index, gasoline prices experienced the steepest decline, falling 29.2 percent
since March 14. Household energy prices decreased 4.2 percent during the same period. Food
prices increased 2.3 percent since March 14 with the cost of dining out rising 2.9 percent and
the cost of groceries increasing 1.9 percent. The cost of housing grew 1.9 percent since March
14.
1
INFLATION- HOUSTON
In Houston (for this data series, Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty,
Montgomery and Waller Counties), the energy index decreased 27.5 percent since March 14.
The cost of gasoline fell 32.6 percent and household energy prices declined 20.1 percent. The
shelter index increased 4.8 percent and grocery prices rose 2.4 percent over the past 12
months.
Full March and April CPI data for Houston will be released on May 22.
Prepared by Greater Houston Partnership Research Department
Jenny Philip
Senior Manager, Economic Research
713-844-3615
[email protected]