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16-1001-SAN
Tuesday, May 17, 2016

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Consumer Price Index, Los Angeles area — April 2016

Area prices were up 0.2 percent over the past month, up 2.0 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), edged up 0.2 percent in April, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the April increase was influenced by higher prices for gasoline. (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 advanced 2.0 percent. (See chart 1 and table A.) Energy prices decreased 8.6 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy increased 3.1 percent over the year. (See table 1.)

Food

Food prices edged down 0.1 percent for the month of April. (See table 1.) Prices for food at home declined 0.2 percent, while prices for food away from home were unchanged for the same period.

Over the year, food prices increased 1.1 percent. Prices for food away from home advanced 3.9 percent, but prices for food at home decreased 0.9 percent since a year ago.

Energy

The energy index advanced 2.2 percent over the month. The increase was mainly due to higher prices for gasoline (4.4 percent). Prices for natural gas service edged down 0.2 percent, and prices for electricity declined 0.8 percent in the same period.

Energy prices decreased 8.6 percent over the year, largely due to lower prices for gasoline (-12.7 percent). Prices paid for electricity decreased 2.7 percent, and natural gas service prices decreased 1.6 percent for during the past year.

All items less food and energy

The index for all items less food and energy inched up 0.1 percent in April. Higher prices for education and communication (0.6 percent) and recreation (0.4 percent) were partially offset by lower prices for apparel (-1.6 percent).

Over the year, the index for all items less food and energy increased 3.1 percent. Components contributing to the increase included medical care (6.1 percent), apparel (4.8 percent), and recreation (4.4 percent). Partly offsetting the increases were price declines in education and communication (-0.5 percent) and household furnishings and operations (-0.2 percent).

Table A. Los Angeles-Riverside-Orange County CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2011 2012 2013 2014 2015 2016
Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual

January

0.9 1.8 0.8 2.1 0.8 2.0 0.5 0.8 -0.3 -0.1 0.7 3.1

February

0.5 2.3 0.5 2.1 0.7 2.2 0.5 0.5 0.7 0.1 0.0 2.4

March

1.1 3.0 1.0 2.0 0.1 1.3 0.6 1.0 1.0 0.5 0.3 1.7

April

0.5 3.3 0.0 1.5 -0.4 0.9 0.0 1.4 -0.1 0.5 0.2 2.0

May

0.0 3.1 0.1 1.6 0.1 1.0 0.4 1.7 1.0 1.1    

June

-0.4 2.9 -0.4 1.6 -0.1 1.4 0.1 1.8 -0.3 0.8    

July

-0.4 2.4 -0.1 1.9 -0.1 1.3 0.1 2.0 0.7 1.4    

August

0.2 2.4 0.6 2.3 0.1 0.8 -0.1 1.8 -0.3 1.1    

September

0.5 3.1 0.4 2.2 0.2 0.6 0.0 1.7 -0.4 0.7    

October

0.0 2.8 0.8 3.0 0.1 -0.1 -0.1 1.4 0.2 1.0    

November

-0.1 3.0 -1.0 2.1 -0.5 0.4 -0.7 1.3 0.0 1.6    

December

-0.5 2.2 -0.7 1.9 0.0 1.1 -0.5 0.7 -0.1 2.0    

The May 2016 Consumer Price Index for the Los Angeles-Riverside-Orange County is scheduled to be released on June 16, 2016.


Technical Note

The Consumer Price Index (CPI) is a measure 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 89 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 28 percent of the total 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 87 urban areas across the country from about 6,000 housing units and approximately 24,000 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 (1982-84) that equals 100.0. An increase of 16.5 percent, for example, is shown as 116.5. This change can also be expressed in dollars as follows: the price of a base period "market basket" of goods and services in the CPI has risen from $10 in 1982-84 to $11.65. For further details see the CPI home page on the Internet at www.bls.gov/cpi and the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available on the Internet at www.bls.gov/opub/hom/homch17_a.htm.

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-Riverside-Orange County, CA. metropolitan area covered in this release is comprised of Los Angeles, Orange, Riverside, San Bernardino, and Ventura Counties in the State of 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

Los Angeles-Riverside-Orange County, CA (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Feb.
2016
Mar.
2016
Apr.
2016
Apr.
2015
Feb.
2016
Mar.
2016

Expenditure category

 
 

All items

247.113 247.873 248.368 2.0 0.5 0.2

All items (1967=100)

730.081 732.326 733.789 - - -

Food and beverages

253.685 251.983 251.897 1.2 -0.7 0.0

Food

253.784 252.276 251.963 1.1 -0.7 -0.1

Food at home

259.695 257.293 256.657 -0.9 -1.2 -0.2

Food away from home

242.695 242.309 242.399 3.9 -0.1 0.0

Alcoholic beverages

237.203 232.810 235.990 2.1 -0.5 1.4

Housing

273.047 274.461 274.434 3.4 0.5 0.0

Shelter

310.774 312.834 312.811 4.2 0.7 0.0

Rent of primary residence (1)

325.509 327.213 327.656 4.4 0.7 0.1

Owners' equiv. rent of residences (1) (2)

322.226 324.010 324.669 4.0 0.8 0.2

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

322.208 323.991 324.650 4.0 0.8 0.2

Fuels and utilities

295.788 294.079 295.939 0.4 0.1 0.6

Household energy

259.039 256.816 255.231 -2.2 -1.5 -0.6

Energy services (1)

257.877 255.612 253.993 -2.2 -1.5 -0.6

Electricity (1)

300.681 300.681 298.355 -2.7 -0.8 -0.8

Utility (piped) gas service (1)

204.573 196.839 196.540 -1.6 -3.9 -0.2

Household furnishings and operations

116.170 116.467 115.712 -0.2 -0.4 -0.6

Apparel

116.730 115.327 113.514 4.8 -2.8 -1.6

Transportation

185.554 190.285 193.329 -3.6 4.2 1.6

Private transportation

180.257 185.199 187.864 -3.5 4.2 1.4

Motor fuel

191.643 208.369 217.508 -12.8 13.5 4.4

Gasoline (all types)

187.573 204.098 213.056 -12.7 13.6 4.4

Gasoline, unleaded regular (3)

187.470 204.218 213.367 -12.9 13.8 4.5

Gasoline, unleaded midgrade (3) (4)

181.278 195.380 203.592 -12.5 12.3 4.2

Gasoline, unleaded premium (3)

180.614 196.381 204.154 -11.7 13.0 4.0

Medical care

457.056 449.147 448.437 6.1 -1.9 -0.2

Recreation (5)

107.655 106.944 107.340 4.4 -0.3 0.4

Education and communication (5)

144.245 145.086 145.919 -0.5 1.2 0.6

Other goods and services

392.085 389.418 389.765 2.1 -0.6 0.1
 

Commodity and service group

 
 

All items

247.113 247.873 248.368 2.0 0.5 0.2

Commodities

173.879 174.717 175.171 -0.9 0.7 0.3

Commodities less food & beverages

132.515 134.345 134.996 -2.4 1.9 0.5

Nondurables less food & beverages

169.987 173.393 174.794 -2.7 2.8 0.8

Durables

95.816 96.090 96.000 -2.1 0.2 -0.1

Services

312.265 312.952 313.483 3.6 0.4 0.2
 

Special aggregate indexes

 
 

All items less medical care

238.028 239.117 239.656 1.7 0.7 0.2

All items less shelter

219.387 219.558 220.292 0.7 0.4 0.3

Commodities less food

136.919 138.610 139.335 -2.2 1.8 0.5

Nondurables

212.307 213.437 214.185 -0.6 0.9 0.4

Nondurables less food

175.929 178.984 180.497 -2.3 2.6 0.8

Services less rent of shelter (2)

323.216 321.891 323.431 2.8 0.1 0.5

Services less medical care services

299.917 301.292 301.870 3.4 0.7 0.2

Energy

218.222 227.738 232.795 -8.6 6.7 2.2

All items less energy

251.168 251.274 251.429 2.8 0.1 0.1

All items less food and energy

251.059 251.438 251.672 3.1 0.2 0.1

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Index is on a December 1982=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) 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: Tuesday, May 17, 2016