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News Release Information

24-993-SAN
Wednesday, May 15, 2024

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

Consumer Price Index, Los Angeles area — April 2024

Area prices were up 0.6 percent over the past month, up 3.9 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.6 percent in April, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the April increase was influenced by higher prices for gasoline and shelter. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U increased 3.9 percent. (See chart 1 and table A.) Food prices advanced 3.3 percent.  Energy prices advanced 6.4 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy increased 3.8 percent over the year. (See table 1.)

Food

Food prices increased 0.9 percent for the month of April. (See table 1.) Prices for food at home rose 0.2 percent, led by higher prices for meats, poultry, fish, and eggs (1.1 percent). Prices for food away from home advanced 1.6 percent for the same period.

Over the year, food prices advanced 3.3 percent. Prices for food at home increased 2.3 percent since a year ago, led by higher prices for meats, poultry, fish, and eggs (5.7 percent) Prices for food away from home increased 4.7 percent.

Energy

The energy index rose 2.1 percent over the month. The increase was mainly due to higher prices for gasoline (7.2 percent). Prices for natural gas service decreased 15.0 percent and prices for electricity decreased 1.6 percent for the same period.

Energy prices advanced 6.4 percent over the year, largely due to higher prices for gasoline (8.7 percent). Prices paid for electricity rose 6.6 percent, while prices for natural gas service fell 9.2 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.4 percent in April. Higher prices for medical care (0.7 percent) and shelter (0.4 percent)  were partially offset by lower prices for apparel (-1.3 percent) and education and communication (-0.2 percent).

Over the year, the index for all items less food and energy increased 3.8 percent. Components contributing to the increase included shelter (5.4 percent) and medical care (2.8 percent). Partly offsetting the increases were price decreases in household furnishings and operations (-2.7 percent) and new and used motor vehicles (-1.7 percent).

Table A. Los Angeles-Long Beach-Anaheim, CA, CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2020 2021 2022 2023 2024
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.8 3.1 0.2 0.9 1.1 7.5 1.9 5.8 1.0 2.5

February

0.3 3.4 0.4 1.0 0.3 7.4 -0.3 5.1 0.5 3.4

March

-0.7 1.9 0.5 2.2 1.5 8.5 0.1 3.7 0.7 4.0

April

-0.3 0.7 1.1 3.6 0.5 7.9 0.7 3.8 0.6 3.9

May

0.4 0.9 0.6 3.9 0.8 8.0 0.1 3.2

June

0.5 1.4 0.6 4.0 1.1 8.6 0.5 2.5

July

0.6 1.9 0.6 3.9 -0.2 7.7 0.0 2.7

August

0.1 2.0 0.2 4.0 0.1 7.6 0.7 3.3

September

-0.3 1.2 0.3 4.6 0.5 7.8 0.3 3.2

October

0.2 0.7 0.9 5.4 0.6 7.5 -0.1 2.4

November

0.1 1.0 0.6 6.0 -0.8 6.0 -0.4 2.8

December

-0.2 1.5 0.4 6.6 -0.6 4.9 0.0 3.5

The May 2024 Consumer Price Index for the Los Angeles area is scheduled to be released on June 12, 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 Los Angeles-Long Beach-Anaheim, CA metropolitan area includes Los Angeles and Orange Counties in California.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Telecommunications Relay Service: 7-1-1.

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

Los Angeles-Long Beach-Anaheim (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Historical
data
Feb.
2024
Mar.
2024
Apr.
2024
Apr.
2023
Feb.
2024
Mar.
2024

Expenditure category

All items

328.232 330.671 332.572 3.9 1.3 0.6

All items (1967=100)

969.743 976.949 982.566 - - -

Food and beverages

335.560 334.781 337.613 3.0 0.6 0.8

Food

337.751 337.171 340.092 3.3 0.7 0.9

Food at home

322.334 322.081 322.600 2.3 0.1 0.2

Cereals and bakery products

351.618 348.307 346.088 -1.4 -1.6 -0.6

Meats, poultry, fish, and eggs

352.507 351.201 354.902 5.7 0.7 1.1

Dairy and related products

296.315 301.916 299.095 -1.2 0.9 -0.9

Fruits and vegetables

415.558 417.339 420.401 1.3 1.2 0.7

Nonalcoholic beverages and beverage materials(1)

303.271 308.188 307.748 2.4 1.5 -0.1

Other food at home

265.093 261.826 261.428 2.9 -1.4 -0.2

Food away from home

350.514 349.575 355.156 4.7 1.3 1.6

Alcoholic beverages

283.712 279.886 281.200 -1.7 -0.9 0.5

Housing

377.297 379.848 380.319 4.7 0.8 0.1

Shelter

432.052 435.247 437.090 5.4 1.2 0.4

Rent of primary residence(2)

455.850 458.184 460.739 5.0 1.1 0.6

Owners' equiv. rent of residences(2)(3)

450.137 452.337 454.312 6.0 0.9 0.4

Owners' equiv. rent of primary residence(1)(2)

450.112 452.311 454.286 6.0 0.9 0.4

Fuels and utilities

478.022 483.838 468.149 4.7 -2.1 -3.2

Household energy

421.506 428.805 409.116 3.0 -2.9 -4.6

Energy services(2)

419.946 427.220 407.423 3.0 -3.0 -4.6

Electricity(2)

496.279 506.647 498.648 6.6 0.5 -1.6

Utility (piped) gas service(2)

305.093 306.737 260.717 -9.2 -14.5 -15.0

Household furnishings and operations

131.896 131.272 131.252 -2.7 -0.5 0.0

Apparel

120.505 124.614 123.045 1.7 2.1 -1.3

Transportation

266.174 273.722 280.141 6.4 5.2 2.3

Private transportation

266.791 274.883 280.347 6.4 5.1 2.0

New and used motor vehicles(4)

110.532 111.055 110.866 -1.7 0.3 -0.2

New vehicles(1)

193.296 192.873 192.628 -1.9 -0.3 -0.1

Used cars and trucks(1)

344.429 346.106 346.094 -6.4 0.5 0.0

Motor fuel

360.451 376.610 403.464 8.6 11.9 7.1

Gasoline (all types)

351.094 367.031 393.569 8.7 12.1 7.2

Gasoline, unleaded regular(4)

351.507 367.668 394.624 8.8 12.3 7.3

Gasoline, unleaded midgrade(4)(5)

336.312 350.968 375.568 8.3 11.7 7.0

Gasoline, unleaded premium(4)

337.389 352.023 376.231 8.5 11.5 6.9

Medical care

572.628 570.845 575.116 2.8 0.4 0.7

Recreation(6)

122.119 122.603 123.111 -0.2 0.8 0.4

Education and communication(6)

160.535 159.727 159.468 1.7 -0.7 -0.2

Tuition, other school fees, and child care(1)

2,286.262 2,286.262 2,283.871 2.6 -0.1 -0.1

Other goods and services

528.754 529.482 535.089 1.1 1.2 1.1

Commodity and service group

All items

328.232 330.671 332.572 3.9 1.3 0.6

Commodities

217.585 218.184 220.459 1.4 1.3 1.0

Commodities less food & beverages

159.455 160.586 162.528 0.6 1.9 1.2

Nondurables less food & beverages

222.894 226.103 231.787 2.7 4.0 2.5

Durables

100.869 100.678 100.254 -2.2 -0.6 -0.4

Services

426.740 430.886 432.386 5.3 1.3 0.3

Special aggregate indexes

All items less medical care

317.514 320.097 321.901 4.0 1.4 0.6

All items less shelter

282.256 284.361 286.310 2.9 1.4 0.7

Commodities less food

164.782 165.807 167.762 0.5 1.8 1.2

Nondurables

280.347 281.534 285.776 2.7 1.9 1.5

Nondurables less food

229.540 232.370 237.869 2.4 3.6 2.4

Services less rent of shelter(3)

430.692 436.505 437.676 5.0 1.6 0.3

Services less medical care services

412.462 416.579 417.923 5.4 1.3 0.3

Energy

386.994 399.743 408.314 6.4 5.5 2.1

All items less energy

326.798 328.712 330.275 3.7 1.1 0.5

All items less food and energy

325.020 327.366 328.694 3.8 1.1 0.4

Footnotes
(1) Indexes on a December 1977=100 base.
(2) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(3) Indexes on a December 1982=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
(6) Indexes on a December 1997=100 base.

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

 

Last Modified Date: Wednesday, May 15, 2024