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Solution manual principles of economic components of the CPI

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Relative importance of components in the Consumer Price Indexes: U.S.. city average Item and group CPI-U CPI-W Expenditure category All items..... .077 .087 Other processed fru

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Table 1 (2003-2004 Weights) Relative importance of components in the Consumer Price Indexes: U.S city average, December 2005

(Percent of all items)

U.S city average

Item and group

CPI-U CPI-W

Expenditure category

All items 100.000 100.000

Food and beverages 15.051 16.537

Food 13.942 15.519

Food at home 7.988 9.347

Cereals and bakery products 1.098 1.275

Cereals and cereal products 361 .440

Flour and prepared flour mixes 046 .054

Breakfast cereal 203 .242

Rice, pasta, cornmeal 111 .145

Bakery products 738 .835

Bread 215 .239

Fresh biscuits, rolls, muffins 100 .105

Cakes, cupcakes, and cookies 209 .248

Other bakery products 213 .243

Meats, poultry, fish, and eggs 2.133 2.653

Meats, poultry, and fish 2.044 2.545

Meats 1.327 1.688

Beef and veal 641 .823

Uncooked ground beef 237 .324

Uncooked beef roasts 108 .132

Uncooked beef steaks 245 .302

Uncooked other beef and veal 051 .065

Pork 422 .539

Bacon, breakfast sausage, and related

products 133 .171

Ham 097 .114

Pork chops 083 .121

Other pork including roasts and picnics 108 .133

Other meats 265 .326

Poultry 383 .485

Chicken 308 .401

Other poultry including turkey 075 .084

Fish and seafood 334 .372

Fresh fish and seafood 205 .228

Processed fish and seafood 129 .144

Eggs 089 .108

Dairy and related products 852 .965

Milk 309 .377

Cheese and related products 264 .284

Ice cream and related products 143 .157

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Other dairy and related products 137 .146

Fruits and vegetables 1.219 1.338

Fresh fruits and vegetables 971 1.059

Fresh fruits 485 .521

Apples 080 .093

Bananas 073 .084

Citrus fruits 091 .103

Other fresh fruits 240 .240

Fresh vegetables 486 .538

Potatoes 074 .089

Lettuce 058 .065

Tomatoes 102 .121

Other fresh vegetables 251 .263

Processed fruits and vegetables 247 .279

Canned fruits and vegetables 129 .141

Frozen fruits and vegetables 077 .087

Other processed fruits and vegetables including

dried 042 .051

Nonalcoholic beverages and beverage materials .910 1.087

Juices and nonalcoholic drinks 606 .759

Carbonated drinks 332 .439

Frozen noncarbonated juices and drinks 016 .018

Nonfrozen noncarbonated juices and drinks 259 .301

Beverage materials including coffee and tea 304 .328

Coffee 100 .103

Other beverage materials including tea 204 .225

Other food at home 1.777 2.030

Sugar and sweets 302 .337

Sugar and artificial sweeteners 054 .067

Candy and chewing gum 196 .209

Other sweets 051 .060

Fats and oils 231 .287

Butter and margarine 071 .084

Salad dressing 062 .080

Other fats and oils including peanut butter .099 .124

Other foods 1.244 1.406

Soups 088 .094

Frozen and freeze dried prepared foods 257 .292

Snacks 278 .298

Spices, seasonings, condiments, sauces 221 .250

Baby food 073 .102

Other miscellaneous foods 328 .370

Food away from home 5.953 6.172

Full service meals and snacks 2.594 2.144

Limited service meals and snacks 2.702 3.223

Food at employee sites and schools 254 .328

Food from vending machines and mobile vendors .126 .202

Other food away from home 277 .275

Alcoholic beverages 1.109 1.018

Alcoholic beverages at home 716 .722

Beer, ale, and other malt beverages at home 336 .461

Distilled spirits at home 125 .116

Wine at home 254 .145

Alcoholic beverages away from home 393 .296

Housing 42.380 40.161

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Shelter 32.260 30.069

Rent of primary residence 5.832 7.880

Lodging away from home 2.611 1.412

Housing at school, excluding board 151 .073

Other lodging away from home including hotels and

motels 2.460 1.339

Owners' equivalent rent of primary residence 23.442 20.429

Tenants' and household insurance 375 .348

Fuels and utilities 5.371 5.900

Fuels 4.494 4.984

Fuel oil and other fuels 339 .347

Fuel oil 232 .227

Other household fuels 107 .120

Gas (piped) and electricity 4.155 4.637

Electricity 2.625 2.962

Utility (piped) gas service 1.530 1.676

Water and sewer and trash collection services .877 .916

Water and sewerage maintenance 655 .695

Garbage and trash collection 222 .220

Household furnishings and operations 4.749 4.193

Window and floor coverings and other linens 377 .301

Floor coverings 050 .046

Window coverings 100 .070

Other linens 227 .185

Furniture and bedding 1.013 .884

Bedroom furniture 336 .302

Living room, kitchen, and dining room furniture .473 .412

Other furniture 197 .157

Unsampled furniture 007 .013

Appliances 339 .386

Major appliances 192 .216

Other appliances 140 .160

Unsampled appliances 007 .010

Other household equipment and furnishings 635 .529

Clocks, lamps, and decorator items 356 .279

Indoor plants and flowers 104 .081

Dishes and flatware 082 .075

Nonelectric cookware and tableware 093 .094

Tools, hardware, outdoor equipment and supplies 766 .797

Tools, hardware and supplies 208 .293

Outdoor equipment and supplies 371 .324

Unsampled tools, hardware, outdoor equipment and

supplies 188 .180

Housekeeping supplies 841 .933

Household cleaning products 372 .460

Household paper products 203 .222

Miscellaneous household products 266 .251

Household operations 779 .363

Domestic services 247 .078

Gardening and lawncare services 249 .110

Moving, storage, freight expense 081 .052

Repair of household items 126 .078

Unsampled household operations 076 .044

Apparel 3.786 4.090

Men's and boys' apparel 915 .982

Men's apparel 718 .722

Trang 4

Men's suits, sport coats, and outerwear 145 .127

Men's furnishings 182 .181

Men's shirts and sweaters 197 .182

Men's pants and shorts 177 .212

Unsampled men's apparel 017 .019

Boys' apparel 196 .260

Women's and girls' apparel 1.612 1.689

Women's apparel 1.365 1.385

Women's outerwear 116 .125

Women's dresses 132 .199

Women's suits and separates 725 .705

Women's underwear, nightwear, sportswear and

accessories 364 .331

Unsampled women's apparel 027 .025

Girls' apparel 247 .304

Footwear 759 .964

Men's footwear 228 .311

Boys' and girls' footwear 168 .243

Women's footwear 362 .410

Infants' and toddlers' apparel 183 .242

Jewelry and watches 318 .213

Watches 046 .045

Jewelry 272 .168

Transportation 17.415 19.669

Private transportation 16.329 18.931

New and used motor vehicles 7.858 8.944

New vehicles 5.155 5.380

Used cars and trucks 1.799 2.801

Leased cars and trucks 613 .556

Car and truck rental 090 .056

Unsampled new and used motor vehicles 202 .151

Motor fuel 4.191 5.244

Gasoline (all types) 4.148 5.193

Other motor fuels 042 .050

Motor vehicle parts and equipment 362 .434

Tires 217 .236

Vehicle accessories other than tires 146 .198

Motor vehicle maintenance and repair 1.131 1.130

Motor vehicle body work 085 .064

Motor vehicle maintenance and servicing 423 .420

Motor vehicle repair 602 .620

Unsampled service policies 022 .027

Motor vehicle insurance 2.301 2.721

Motor vehicle fees 485 .459

State and local registration and license 311 .321

Parking and other fees 162 .133

Unsampled motor vehicle fees 012 .004

Public transportation 1.087 .738

Airline fare 673 .400

Other intercity transportation 163 .075

Intracity transportation 248 .258

Unsampled public transportation 003 .004

Medical care 6.220 5.171

Medical care commodities 1.457 1.140

Prescription drugs and medical supplies 1.025 .778

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Prescription drugs and medical supplies 1.013 .771

Unsampled rent or repair of medical equipment .011 .008

Nonprescription drugs and medical supplies 432 .362

Internal and respiratory over-the-counter drugs .296 .267

Nonprescription medical equipment and supplies 136 .095

Medical care services 4.764 4.030

Professional services 2.815 2.336

Physicians' services 1.631 1.415

Dental services 704 .570

Eyeglasses and eye care 226 .182

Services by other medical professionals 254 .169

Hospital and related services 1.576 1.332

Hospital services 1.490 1.299

Nursing homes and adult daycare 087 .033

Health insurance 373 .362

Recreation 5.637 5.097

Video and audio 1.783 1.928

Televisions 164 .162

Cable and satellite television and radio service 1.144 1.260

Other video equipment 047 .050

Video cassettes, discs, and other media including

rental 175 .216

Audio equipment 079 .075

Audio discs, tapes and other media 095 .106

Unsampled video and audio 078 .057

Pets, pet products and services 640 .632

Pets and pet products 375 .414

Pet services including veterinary 265 .218

Sporting goods 682 .536

Sports vehicles including bicycles 399 .271

Sports equipment 274 .258

Unsampled sporting goods 009 .007

Photography 181 .158

Photographic equipment and supplies 092 .078

Photographers and film processing 087 .078

Unsampled photography 002 .002

Other recreational goods 403 .388

Toys 264 .289

Sewing machines, fabric and supplies 072 .053

Music instruments and accessories 050 .033

Unsampled recreation commodities 018 .014

Recreation services 1.631 1.228

Club membership dues and fees for participant

sports 507 .312

Admissions 688 .592

Fees for lessons or instructions 216 .138

Unsampled recreation services 221 .185

Recreational reading materials 318 .228

Newspapers and magazines 187 .143

Recreational books 130 .084

Unsampled recreational reading materials 001 .000

Education and communication 6.047 5.635

Education 2.967 2.243

Educational books and supplies 196 .199

Tuition, other school fees, and childcare 2.771 2.044

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College tuition and fees 1.462 .926

Elementary and high school tuition and fees 395 .264

Child care and nursery school 716 .738

Technical and business school tuition and fees 065 .032

Unsampled tuition, other school fees, and

childcare 132 .084

Communication 3.080 3.392

Postage and delivery services 185 .148

Postage 169 .136

Delivery services 015 .012

Information and information processing 2.895 3.244

Telephone services 2.245 2.653

Land-line telephone services, local charges 749 .861

Land-line telephone services, long distance

charges 681 .801

Wireless telephone services 816 .991

Information technology, hardware and services 650 .590

Personal computers and peripheral equipment 236 .208

Computer software and accessories 041 .029

Internet services and electronic information

providers 307 .301

Telephone hardware, calculators, and other

consumer information items 057 .042

Unsampled information and information processing .010 .011

Other goods and services 3.463 3.640

Tobacco and smoking products 710 1.137

Cigarettes 661 1.071

Tobacco products other than cigarettes 046 .062

Unsampled tobacco and smoking products 004 .004

Personal care 2.752 2.504

Personal care products 710 .774

Hair, dental, shaving, and miscellaneous personal

care products 369 .423

Cosmetics, perfume, bath, nail preparations and

implements 336 .346

Unsampled personal care products 005 .005

Personal care services 675 .616

Haircuts and other personal care services 675 .616

Miscellaneous personal services 1.172 .949

Legal services 298 .253

Funeral expenses 187 .122

Laundry and dry cleaning services 283 .280

Apparel services other than laundry and dry

cleaning 033 .024

Financial services 185 .145

Care of invalids and elderly at home 105 .005

Unsampled items 081 .120

Miscellaneous personal goods 195 .165

Special aggregate indexes

All items 100.000 100.000

Commodities 40.790 44.601

Commodities less food and beverages 25.739 28.064

Nondurables less food and beverages 14.163 15.599

Nondurables less food, beverages, and apparel 10.377 11.509

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Durables 11.576 12.465 Services 59.210 55.399 Rent of shelter 31.884 29.721 Transportation services 5.707 5.659 Other services 10.669 9.726 All items less food 86.058 84.481 All items less shelter 67.740 69.931 All items less medical care 93.780 94.829 Commodities less food 26.848 29.082 Nondurables less food 15.272 16.617 Nondurables less food and apparel 11.486 12.527 Nondurables 29.214 32.136 Apparel less footwear 3.028 3.126 Services less rent of shelter 27.325 25.679 Services less medical care services 54.446 51.369 Energy 8.685 10.228 All items less energy 91.315 89.772 All items less food and energy 77.373 74.253 Commodities less food and energy commodities 22.319 23.491 Energy commodities 4.530 5.591 Services less energy services 55.055 50.762 Domestically produced farm food 6.671 7.804 Utilities and public transportation 9.508 10.204

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