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14-2275-SAN
December 17, 2014

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Consumer Price Index, West Region — November 2014

Prices in the West down 0.6 percent over the month, up 1.7 percent from a year ago

Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), decreased 0.6 percent in November, the U.S. Bureau of Labor Statistics reported today. (See table A.) The November decrease was influenced by lower prices for gasoline, apparel, and electricity. (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 1.7 percent. (See chart 1.) Energy prices declined 5.0 percent, primarily the result of a decrease in the price of gasoline. The index for all items less food and energy increased 2.1 percent since November 2013.

 Chart 1. Over-the-year percent change in CPI-U, West Region, November 2011-November 2014

Food

Food prices inched up 0.1 percent for the month of November. (See table 1.) Prices for food away from home rose 0.5 percent, but prices for food at home decreased 0.2 percent for the same period.

Over the year, food prices rose 3.5 percent. Prices for food at home advanced 3.9 percent since a year ago, and prices for food away from home advanced 2.9 percent.

Energy

The energy index decreased 7.3 percent over the month. The decrease was mainly due to lower prices for gasoline (-9.8 percent). Prices for natural gas service decreased 5.2 percent, and prices for electricity decreased 3.6 percent in November.

Energy prices declined 5.0 percent over the year, largely due to lower prices for gasoline (-10.0 percent). Prices paid for electricity advanced 0.9 percent, and prices for natural gas service increased 6.7 percent during the past year.

All items less food and energy

The index for all items less food and energy was unchanged in November. Higher prices for medical care (0.5 percent) and shelter (0.3 percent) contrasted with lower prices for apparel (-2.6 percent), used cars and trucks (-2.6 percent), and recreation (-0.8 percent).

Over the year, the index for all items less food and energy increased 2.1 percent. Components contributing to the increase included shelter (3.7 percent) and medical care (2.6 percent). Partly offsetting the increases were price declines in household furnishings and operations (-0.5 percent) and recreation (-0.1 percent).

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

January

0.6 0.1 0.3 1.9 0.5 1.4 0.4 2.6 0.3 1.7 0.3 1.7

February

0.5 0.3 0.1 1.4 0.6 1.9 0.4 2.5 0.8 2.0 0.4 1.3

March

0.1 -0.5 0.3 1.6 0.9 2.6 0.9 2.4 0.4 1.5 0.6 1.5

April

0.3 -0.7 0.2 1.5 0.6 3.0 0.2 2.1 0.0 1.3 0.3 1.8

May

0.3 -1.1 0.1 1.3 0.3 3.2 0.2 2.0 0.2 1.3 0.6 2.3

June

0.6 -1.4 -0.1 0.6 -0.2 3.1 -0.2 2.0 0.1 1.5 0.1 2.3

July

-0.2 -2.0 0.1 0.8 -0.1 2.9 -0.3 1.8 0.0 1.9 0.1 2.3

August

0.2 -1.3 0.1 0.7 0.2 3.0 0.5 2.1 0.1 1.5 -0.1 2.1

September

0.2 -0.8 -0.1 0.5 0.4 3.5 0.5 2.2 0.2 1.3 0.1 2.0

October

0.1 -0.3 0.1 0.6 0.0 3.4 0.4 2.5 -0.1 0.9 -0.1 2.0

November

-0.3 1.2 0.0 0.9 -0.2 3.2 -0.7 1.9 -0.4 1.3 -0.6 1.7

December

-0.2 2.2 0.2 1.3 -0.3 2.7 -0.5 1.7 0.0 1.8    

CPI-W

In November, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 233.499, down 0.8 percent from October. The CPI-W increased 1.3 percent over the year.

The December 2014 Consumer Price Index for the West Region is scheduled to be released on January 16, 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 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 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 West Region covered in this release is comprised of the following thirteen states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.

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 and percent changes for selected periods

West (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Sep.
2014
Oct.
2014
Nov.
2014
Nov.
2013
Sep.
2014
Oct.
2014

Expenditure category

 
 

All Items

241.920 241.650 240.220 1.7 -0.7 -0.6

All items (December 1977=100)

391.050 390.614 388.302      

Food and beverages

246.725 247.548 247.802 3.4 0.4 0.1

Food

246.789 247.685 247.840 3.5 0.4 0.1

Food at home

247.510 248.815 248.290 3.9 0.3 -0.2

Food away from home

244.558 244.875 245.987 2.9 0.6 0.5

Alcoholic beverages

242.517 242.407 243.905 2.1 0.6 0.6

Housing

248.005 248.766 248.633 3.2 0.3 -0.1

Shelter

278.524 279.364 280.264 3.7 0.6 0.3

Rent of primary residence (1)

291.184 292.639 294.000 4.1 1.0 0.5

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

291.985 293.171 294.323 3.3 0.8 0.4

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

291.979 293.163 294.313 3.3 0.8 0.4

Fuels and utilities

280.414 278.793 271.476 3.0 -3.2 -2.6

Household energy

250.309 247.639 238.047 2.2 -4.9 -3.9

Energy services (1)

252.024 249.286 239.340 2.2 -5.0 -4.0

Electricity (1)

273.175 271.059 261.281 0.9 -4.4 -3.6

Utility (piped) gas service (1)

217.545 213.146 202.164 6.7 -7.1 -5.2

Household furnishings and operations

127.616 129.292 128.939 -0.5 1.0 -0.3

Apparel

123.108 123.770 120.544 0.3 -2.1 -2.6

Transportation

216.202 212.341 205.842 -2.6 -4.8 -3.1

Private transportation

210.883 206.135 199.259 -2.7 -5.5 -3.3

New and used motor vehicles (3)

100.706 100.634 99.742 -1.2 -1.0 -0.9

New vehicles

144.067 145.305 145.046 0.2 0.7 -0.2

New cars and trucks (3) (4)

100.138 100.977 100.810 0.2 0.7 -0.2

New cars (4)

144.745 145.862 145.383 -0.2 0.4 -0.3

Used cars and trucks

146.904 143.669 139.972 -3.5 -4.7 -2.6

Motor fuel

301.502 279.670 252.545 -9.9 -16.2 -9.7

Gasoline (all types)

300.027 278.053 250.701 -10.0 -16.4 -9.8

Gasoline, unleaded regular (4)

299.153 276.842 249.180 -10.1 -16.7 -10.0

Gasoline, unleaded midgrade (4) (5)

281.633 261.764 237.765 -9.4 -15.6 -9.2

Gasoline, unleaded premium (4)

284.500 265.285 240.636 -9.5 -15.4 -9.3

Medical Care

442.039 441.619 443.823 2.6 0.4 0.5

Medical care commodities

333.431 332.323 334.974 2.7 0.5 0.8

Medical care services

476.690 476.557 478.535 2.5 0.4 0.4

Professional services

332.163 331.887 333.251 2.3 0.3 0.4

Recreation (3)

110.199 110.306 109.476 -0.1 -0.7 -0.8

Education and communication (3)

139.189 138.608 138.279 0.3 -0.7 -0.2

Other goods and services

400.006 399.301 398.965 1.3 -0.3 -0.1
 

Commodity and Service Group

 
 

All Items

241.920 241.650 240.220 1.7 -0.7 -0.6

Commodities

185.335 184.075 181.169 -0.3 -2.2 -1.6

Commodities less food & beverages

153.606 151.530 147.422 -2.7 -4.0 -2.7

Nondurables less food & beverages

200.939 196.375 188.918 -3.0 -6.0 -3.8

Nondurables less food, beverages, and apparel

255.547 247.451 237.077 -4.0 -7.2 -4.2

Durables

109.991 110.173 109.111 -2.1 -0.8 -1.0

Services

293.760 294.449 294.457 2.9 0.2 0.0

Rent of shelter (2)

296.288 297.187 298.151 3.7 0.6 0.3

Transportation services

275.671 279.748 280.444 2.1 1.7 0.2

Other services

334.765 333.922 333.220 1.2 -0.5 -0.2
 

Special aggregate indexes:

 
 

All items less medical care

232.693 232.431 230.862 1.7 -0.8 -0.7

All items less food

241.346 240.891 239.208 1.4 -0.9 -0.7

All items less shelter

228.499 227.755 225.318 0.7 -1.4 -1.1

Commodities less food

157.138 155.107 151.140 -2.4 -3.8 -2.6

Nondurables

224.793 222.706 218.783 0.3 -2.7 -1.8

Nondurables less food

204.456 200.136 193.178 -2.6 -5.5 -3.5

Nondurables less food and apparel

253.904 246.587 237.370 -3.5 -6.5 -3.7

Services less rent of shelter (2)

323.926 324.417 323.174 2.1 -0.2 -0.4

Services less medical care services

281.036 281.767 281.662 3.0 0.2 0.0

Energy

281.340 267.981 248.536 -5.0 -11.7 -7.3

All items less energy

240.894 241.613 241.536 2.3 0.3 0.0

All items less food and energy

240.619 241.310 241.191 2.1 0.2 0.0

Commodities less food and energy commodities

140.953 141.275 140.037 -0.7 -0.6 -0.9

Energy commodities

305.804 284.045 257.049 -9.7 -15.9 -9.5

Services less energy services

297.157 298.066 298.710 3.0 0.5 0.2

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) Indexes on a December 1997=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
 

Regions defined as the four Census regions. West includes Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.
 

 

Last Modified Date: Wednesday, December 17, 2014