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14-1561-SAN
August 19, 2014

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Consumer Price Index, San Diego - First Half 2014

Area prices up 1.4 percent over the past six months, up 2.4 percent from a year ago

Prices in the greater San Diego area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 1.4 percent in the first half of 2014, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Richard J. Holden noted that this latest six-month increase was influenced by higher prices for shelter, gasoline, and food. (Data in this report are not seasonally adjusted. Accordingly, six-month-to-six-month changes may reflect seasonal influences.)

Over the past 12 months, the CPI-U rose 2.4 percent. (See chart 1.) Energy prices advanced 4.3 percent, largely the result of a price increase in electricity and natural gas service. The index for all items less food and energy increased 2.3 percent over the year.

 Chart 1. Over-the-year percent change in CPI-U, San Diego, Second half 2010-First half 2014

Food

Food prices advanced 1.5 percent in the first half of 2014. (See table 1.) Prices for food at home rose 1.5 percent for the past six months. Prices for food away from home increased 1.4 percent for the same period.

For the year ending in the first half of 2014, food prices increased 1.7 percent. Prices for food away from home advanced 2.6 percent, and prices for food at home increased 0.8 percent during the past 12 months.

Energy

Energy prices increased 4.4 percent since the second half of 2013. The increase was strongly influenced by the price of gasoline, which increased 4.3 percent. Natural gas service prices gained 11.1 percent and electricity prices gained 3.2 percent for the same period.

Energy prices moved up 4.3 percent over the year, strongly influenced by a 17.6 percent increase in electricity prices. Natural gas service prices rose 20.4 percent, but gasoline prices decreased 0.8 percent.

All items less food and energy

The index for all items less food and energy increased 1.0 percent from the second half of 2013 to the first half of 2014. Among the index components, increases were recorded for apparel (3.7 percent), medical care (1.7 percent), and shelter (1.2 percent). Recreation was the only major expenditure category to post a semi-annual decline (-0.7 percent).

Over the year, the index for all items less food and energy advanced 2.3 percent. Prices increased for recreation (3.8 percent), medical care (2.6 percent), other goods and services (2.2 percent), and shelter (2.1 percent).

Table A. San Diego CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2009 2010 2011 2012 2013 2014
Semi-annual Annual Semi-annual Annual Semi-annual Annual Semi-annual Annual Semi-annual Annual Semi-annual Annual

First Half

-0.5 -0.6 0.2 1.4 2.3 3.4 1.3 1.7 0.6 0.9 1.4 2.4

Second Half

1.1 0.6 1.0 1.2 0.4 2.7 0.3 1.5 1.1 1.7    

 

CPI-W

In the first half of 2014, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 250.188, up 1.2 percent. The CPI-W increased 2.1 percent over the year.

The second half of 2014 Consumer Price Index for San Diego is scheduled to be released mid-February 2015.


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 88 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 29 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 4,000 housing units and approximately 26,000 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 San Diego, CA metropolitan area covered in this release is comprised of San Diego County 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: 1-800-877-8339.

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

San Diego, CA (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
1st half 2014 from-
1st half
2013
2nd half
2013
1st half
2014
1st half
2013
2nd half
2013

Expenditure category

 
 

All items

258.955 261.679 265.251 2.4 1.4

All items (1967=100)

875.607 884.815 896.895 - -

Food and beverages

237.491 238.000 241.797 1.8 1.6

Food

234.941 235.254 238.846 1.7 1.5

Food at home

220.761 219.128 222.500 0.8 1.5

Food away from home

251.613 254.719 258.279 2.6 1.4

Alcoholic beverages

255.685 258.299 264.228 3.3 2.3

Housing

283.539 287.897 291.893 2.9 1.4

Shelter

319.827 322.665 326.544 2.1 1.2

Rent of primary residence

313.186 316.492 319.094 1.9 0.8

Owners' equiv. rent of residences (1)

341.180 344.154 348.321 2.1 1.2

Owners' equiv. rent of primary residence (1)

341.180 344.154 348.321 2.1 1.2

Fuels and utilities

238.479 258.323 271.941 14.0 5.3

Household energy

194.879 218.131 227.904 16.9 4.5

Energy services

190.465 213.319 222.429 16.8 4.3

Electricity

177.621 202.287 208.845 17.6 3.2

Utility (piped) gas service

162.237 175.884 195.329 20.4 11.1

Household furnishings and operations

178.894 180.765 181.269 1.3 0.3

Apparel

133.357 136.305 141.401 6.0 3.7

Transportation

227.028 224.112 228.254 0.5 1.8

Private transportation

218.790 215.470 218.584 -0.1 1.4

Motor fuel

321.556 306.037 319.319 -0.7 4.3

Gasoline (all types)

321.957 306.179 319.363 -0.8 4.3

Gasoline, unleaded regular (2)

335.602 319.042 332.863 -0.8 4.3

Gasoline, unleaded midgrade (2) (3)

274.587 261.421 272.546 -0.7 4.3

Gasoline, unleaded premium (2)

323.015 307.398 320.364 -0.8 4.2

Medical care

409.595 413.157 420.045 2.6 1.7

Recreation (4)

142.940 149.511 148.429 3.8 -0.7

Education and communication (4)

144.452 145.910 146.082 1.1 0.1

Other goods and services

364.797 369.027 372.694 2.2 1.0
 

Commodity and service group

 
 

All Items

258.955 261.679 265.251 2.4 1.4

Commodities

199.539 199.269 201.906 1.2 1.3

Commodities less food & beverages

178.887 178.250 180.354 0.8 1.2

Nondurables less food & beverages

203.307 202.309 206.847 1.7 2.2

Durables

151.814 151.744 150.520 -0.9 -0.8

Services

311.708 317.006 321.399 3.1 1.4
 

Special aggregate indexes

 
 

All items less medical care

251.797 254.465 257.887 2.4 1.3

All items less shelter

236.036 238.706 242.288 2.6 1.5

Commodities less food

182.433 181.919 184.177 1.0 1.2

Nondurables

222.425 222.081 226.220 1.7 1.9

Nondurables less food

208.689 207.905 212.555 1.9 2.2

Services less rent of shelter (1)

318.268 327.316 333.407 4.8 1.9

Services less medical care services

301.840 307.078 311.069 3.1 1.3

Energy

267.660 267.374 279.152 4.3 4.4

All items less energy

260.066 262.874 265.795 2.2 1.1

All items less food and energy

265.910 269.167 271.964 2.3 1.0

Footnotes
(1) Index is on a December 1982=100 base.
(2) Special index based on a substantially smaller sample.
(3) Indexes on a December 1993=100 base.
(4) Indexes on a December 1997=100 base.
 

- Data not available.
 

 

Last Modified Date: Tuesday, August 19, 2014