March 19, 2012

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CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

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Consumer Price Index Wasatch Front — February 2012

Press Release

March 19, 2012





Note: All Wasatch Front and U.S. changes reported on non-seasonally adjusted basis.

Overall, prices along the Wasatch Front increased 0.2 percent (non-seasonally adjusted) in the month of February, while national prices increased 0.4 percent (non-seasonally adjusted).

Zions Bank Consumer Price Index Summary

Food at home:
Food at home decreased 0.9 percent as produce and meats fell in price.

Costs of food at home — including meats, produce, wheat and dairy — account for 8.5 percent of a typical Utahn’s consumption.

Food away:
Food away increased 0.3 percent as full service meals rose in price.

Costs of food away — including full service meals, fast food and alcoholic beverages — account for 7.1 percent of a typical Utahn’s consumption.

Housing increased 0.4 percent as hotel/motel rates and bedding rose in price.

Costs of housing — including rental costs, home maintenance and hotel rates — account for 34.8 percent of a typical Utahn’s consumption.

Utilities remained unchanged from the month prior.

Costs of utilities — including electricity, gas, water and garbage —account for 4.4 percent of a typical Utahn’s consumption.

Clothing increased 0.4 percent as children’s apparel rose in price.

Costs of clothing — including, women’s, men’s and children’s apparel — account for 4.8 percent of a typical Utahn’s consumption.

Transportation increased 0.2 percent as gasoline, vehicle rentals, and airfare rose in price.

Costs of transportation — including, but not limited to, new and used vehicles, gasoline and airfare — account for 18.8 percent of a typical Utahn’s consumption.

Medical care:
Medical care decreased 0.3 percent as eyeglasses and eye care fell in price.

Costs of medical care — including prescription drugs, medical care services and nursing home services — account for 6.4 percent of a typical Utahn’s consumption.

Recreation increased 2.4 percent as cable/satellite TV, audio equipment, and sporting goods rose in price.

Costs of recreation — including electronics, sporting goods, club fees and pet products — account for 5.9 percent of a typical Utahn’s consumption.

Education and communication:
Education and communication increased 0.5 percent as elementary and high school rose in price.

Costs of education and communication — including college tuition, personal computers, Internet and telephone — account for 6.2 percent of a typical Utahn’s consumption.

Other goods and services:
Other goods and services decreased 1.8 percent as hygiene products and haircuts fell in price.

Costs of other goods and services — including tobacco products, cosmetics and personal care products — account for 3.1 percent of a typical Utahn’s consumption.

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