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News Release Information

23-2590-SAN
Tuesday, December 12, 2023

Contacts Technical information: Media contact:
  • (415) 625-2270

Consumer Price Index, Riverside Area — November 2023

Area prices were unchanged over the past two months, up 4.3 percent from a year ago

Prices in the Riverside area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), were unchanged for the two months ending in November 2023, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that higher prices for shelter were offset by lower prices for gasoline. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U advanced 4.3 percent. (See chart 1 and table A.) Food prices rose 3.8 percent. Energy prices rose 0.5 percent, largely the result of an increase in the price of electricity. The index for all items less food and energy advanced 5.1 percent over the year. (See table 1.)

Food

Food prices rose 0.3 percent for the two months ending in November. (See table 1.) Prices for food at home decreased 0.3 percent, influenced by lower prices for meats, poultry, fish, and eggs (-2.3 percent) and fruits and vegetables (-2.1 percent). Prices for food away from home advanced 1.4 percent for the same period.

Over the year, food prices rose 3.8 percent. Prices for food at home increased 2.3 percent since a year ago, with higher prices in four of the six grocery categories. Prices for food away from home advanced 6.7 percent.

Energy

The energy index decreased 6.0 percent for the two months ending in November. The decrease was mainly due to lower prices for gasoline (-12.3 percent). Prices for electricity increased 7.2 percent, and prices for natural gas service advanced 1.2 percent for the same period.

Energy prices advanced 0.5 percent over the year, largely due to higher prices for electricity (11.9 percent). Prices paid for natural gas service increased 7.4 percent, but prices for gasoline declined 5.7 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 0.6 percent in the latest two-month period. Higher prices for recreation (1.4 percent) and shelter (1.3 percent) were partially offset by lower prices for apparel (-5.3 percent) and household furnishings and operations (-2.3 percent).

Over the year, the index for all items less food and energy advanced 5.1 percent. Components contributing to the increase included other goods and services (11.0 percent) and shelter (8.8 percent). Partly offsetting the increases were price decreases for used cars and trucks (-3.5 percent), education and communication (-3.3 percent), and household furnishings and operations (-1.8 percent).

Table A. Riverside-San Bernardino-Ontario, CA, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month20192020202120222023
2-month12-month2-month12-month2-month12-month2-month12-month2-month12-month

January

0.43.00.53.00.92.21.58.61.37.3

March

0.72.80.02.31.33.62.710.00.04.6

May

1.22.9-0.20.92.05.91.49.40.83.9

July

-0.12.60.71.71.36.51.19.20.63.4

September

0.63.10.51.70.86.80.08.41.44.9

November

0.22.90.41.91.47.90.67.50.04.3

The January 2024 Consumer Price Index for the Riverside area is scheduled to be released on February 13, 2024.


Technical Note

The Consumer Price Index (CPI) is a measures of the average change in prices over time in a fixed market basket of goods and services. The Bureau of Labor Statistics publishes CPIs for two population groups: (1) a CPI for All Urban Consumers (CPI-U) which covers approximately 93 percent of the total U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. population. The CPI-U includes, in addition to wage earners and clerical workers, groups such as professional, managerial, and technical workers, the self-employed, short-term workers, the unemployed, and retirees and others not in the labor force.

The CPI is based on prices of food, clothing, shelter, and fuels, transportation fares, charges for doctors' and dentists' services, drugs, and the other goods and services that people buy for day-to-day living. Each month, prices are collected in 75 urban areas across the country from about 6,000 housing units and approximately 22,000 retail establishments—department stores, supermarkets, hospitals, filling stations, and other types of stores and service establishments. All taxes directly associated with the purchase and use of items are included in the index.

The index measures price changes from a designated reference date; for most of the CPI-U the reference base is 1982-84 equals 100. An increase of 7 percent from the reference base, for example, is shown as 107.000.  Alternatively, that relationship can also be expressed as the price of a base period market basket of goods and services rising from $100 to $107. For further details see the CPI home page on the Internet at www.bls.gov/cpi and the CPI section of the BLS Handbook of Methods available on the internet at www.bls.gov/opub/hom/cpi/.

In calculating the index, price changes for the various items in each location are averaged together with weights that represent their importance in the spending of the appropriate population group. Local data are then combined to obtain a U.S. city average. Because the sample size of a local area is smaller, the local area index is subject to substantially more sampling and other measurement error than the national index. In addition, local indexes are not adjusted for seasonal influences. As a result, local area indexes show greater volatility than the national index, although their long-term trends are quite similar. NOTE: Area indexes do not measure differences in the level of prices between cities; they only measure the average change in prices for each area since the base period.

The Riverside-San Bernardino-Ontario, CA metropolitan area includes Riverside and San Bernardino Counties in California.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods

Riverside-San Bernardino-Ontario (December 2017=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Historical
data
Sep.
2023
Oct.
2023
Nov.
2023
Nov.
2022
Sep.
2023
Oct.
2023

Expenditure category

All items

Go to web page with historical data for series CUURS49CSA0
131.372-131.3724.30.0-

Food and beverages

Go to web page with historical data for series CUURS49CSAF
133.346-133.6743.60.2-

Food

Go to web page with historical data for series CUURS49CSAF1
134.400-134.8403.80.3-

Food at home

Go to web page with historical data for series CUURS49CSAF11
132.600134.542132.2512.3-0.3-1.7

Cereals and bakery products

Go to web page with historical data for series CUURS49CSAF111
149.628151.103151.1295.41.00.0

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS49CSAF112
138.364138.660135.1133.9-2.3-2.6

Dairy and related products

Go to web page with historical data for series CUURS49CSEFJ
112.323113.407113.696-5.81.20.3

Fruits and vegetables

Go to web page with historical data for series CUURS49CSAF113
133.168133.728130.429-2.2-2.1-2.5

Nonalcoholic beverages and beverage materials

Go to web page with historical data for series CUURS49CSAF114
126.021133.261130.7001.73.7-1.9

Other food at home

Go to web page with historical data for series CUURS49CSAF115
128.538130.785128.2564.8-0.2-1.9

Food away from home

Go to web page with historical data for series CUURS49CSEFV
137.199-139.0876.71.4-

Alcoholic beverages

Go to web page with historical data for series CUURS49CSAF116
--111.9050.4--

Housing

Go to web page with historical data for series CUURS49CSAH
136.628-138.2107.81.2-

Shelter

Go to web page with historical data for series CUURS49CSAH1
135.520136.643137.3248.81.30.5

Rent of primary residence

Go to web page with historical data for series CUURS49CSEHA
140.359141.520142.2828.61.40.5

Owners' equiv. rent of residences

Go to web page with historical data for series CUURS49CSEHC
134.160135.424136.1438.91.50.5

Owners' equiv. rent of primary residence

Go to web page with historical data for series CUURS49CSEHC01
134.160135.424136.1438.91.50.5

Fuels and utilities

Go to web page with historical data for series CUURS49CSAH2
156.682-162.4939.13.7-

Household energy

Go to web page with historical data for series CUURS49CSAH21
166.155172.761175.67010.45.71.7

Energy services

Go to web page with historical data for series CUURS49CSEHF
167.609174.342177.21310.65.71.6

Electricity

Go to web page with historical data for series CUURS49CSEHF01
169.721181.658181.88911.97.20.1

Utility (piped) gas service

Go to web page with historical data for series CUURS49CSEHF02
161.071152.271163.0157.41.27.1

Household furnishings and operations

Go to web page with historical data for series CUURS49CSAH3
122.276-119.480-1.8-2.3-

Apparel

Go to web page with historical data for series CUURS49CSAA
113.222-107.1690.1-5.3-

Transportation

Go to web page with historical data for series CUURS49CSAT
138.735-135.5660.0-2.3-

Private transportation

Go to web page with historical data for series CUURS49CSAT1
141.741-138.2080.1-2.5-

New and used motor vehicles

Go to web page with historical data for series CUURS49CSETA
117.471-116.682-1.1-0.7-

New vehicles

Go to web page with historical data for series CUURS49CSETA01
115.390-114.6830.3-0.6-

Used cars and trucks

Go to web page with historical data for series CUURS49CSETA02
136.207-135.561-3.5-0.5-

Motor fuel

Go to web page with historical data for series CUURS49CSETB
185.361184.569162.681-5.7-12.2-11.9

Gasoline (all types)

Go to web page with historical data for series CUURS49CSETB01
185.172184.447162.434-5.7-12.3-11.9

Gasoline, unleaded regular(1)

Go to web page with historical data for series CUURS49CSS47014
186.148185.442163.085-5.7-12.4-12.1

Gasoline, unleaded midgrade(1)

Go to web page with historical data for series CUURS49CSS47015
185.543184.525162.705-5.7-12.3-11.8

Gasoline, unleaded premium(1)

Go to web page with historical data for series CUURS49CSS47016
180.498179.726159.146-5.3-11.8-11.5

Medical care

Go to web page with historical data for series CUURS49CSAM
121.962-122.2231.20.2-

Recreation

Go to web page with historical data for series CUURS49CSAR
110.877-112.4064.11.4-

Education and communication

Go to web page with historical data for series CUURS49CSAE
109.643-108.350-3.3-1.2-

Tuition, other school fees, and child care

Go to web page with historical data for series CUURS49CSEEB
127.557-129.0122.71.1-

Other goods and services

Go to web page with historical data for series CUURS49CSAG
131.688-134.36911.02.0-

Commodity and service group

All items

Go to web page with historical data for series CUURS49CSA0
131.372-131.3724.30.0-

Commodities

Go to web page with historical data for series CUURS49CSAC
128.991-125.657-0.8-2.6-

Commodities less food & beverages

Go to web page with historical data for series CUURS49CSACL11
126.622-121.404-3.2-4.1-

Nondurables less food & beverages

Go to web page with historical data for series CUURS49CSANL11
139.327-129.907-2.8-6.8-

Durables

Go to web page with historical data for series CUURS49CSAD
114.136-112.778-3.5-1.2-

Services

Go to web page with historical data for series CUURS49CSAS
133.163-135.5117.81.8-

Special aggregate indexes

All items less medical care

Go to web page with historical data for series CUURS49CSA0L5
132.032-132.0134.50.0-

All items less shelter

Go to web page with historical data for series CUURS49CSA0L2
129.269-128.3111.9-0.7-

Commodities less food

Go to web page with historical data for series CUURS49CSACL1
126.226-121.088-3.1-4.1-

Nondurables

Go to web page with historical data for series CUURS49CSAN
136.230-131.8640.5-3.2-

Nondurables less food

Go to web page with historical data for series CUURS49CSANL1
137.988-128.932-2.7-6.6-

Services less rent of shelter

Go to web page with historical data for series CUURS49CSASL2RS
129.572-132.6636.32.4-

Services less medical care services

Go to web page with historical data for series CUURS49CSASL5
133.926-136.3318.41.8-

Energy

Go to web page with historical data for series CUURS49CSA0E
178.949180.919168.2090.5-6.0-7.0

All items less energy

Go to web page with historical data for series CUURS49CSA0LE
127.595-128.3004.90.6-

All items less food and energy

Go to web page with historical data for series CUURS49CSA0L1E
126.518-127.2665.10.6-

Footnotes
(1) Special index based on a substantially smaller sample.

- Data not available
NOTE: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Tuesday, December 12, 2023