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FOR RELEASE:
April 16, 2008
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WEST REGION CONSUMER PRICE INDEX (CPI) - MARCH 2008
The Bureau of Labor Statistics of the U.S. Department of Labor reported today that the March 2008 All Items Consumer Price Index (CPI) in the West advanced 1.0 percent for the month. During the past 12 months the overall index increased 3.7 percent. Regional Commissioner Stanley W. Suchman noted that higher prices for transportation and housing had the largest effect on the overall monthly and annual increases. The energy special aggregate index increased 7.5 percent for the month and 14.7 percent since March 2007. Regional CPI area data are not seasonally adjusted.
The transportation index increased 3.3 percent in March 2008, following a 0.3 percent decrease in February. For the year ending March, transportation prices increased 6.5 percent, matching the annual increase for February. Within this category, gasoline prices jumped 10.7 percent for the month and 20.6 percent for the year. New and used motor vehicle prices inched down 0.1 percent over the month and were 0.6 percent lower than in March 2007.
The housing price index increased 0.5 percent for the month and 3.1 percent since March 2007. Prices for shelter, the largest housing component, increased 0.4 percent for the month and were 3.4 percent higher for the year. From February to March, prices for electricity increased 1.2 percent and prices for utility (piped) gas service increased 2.8 percent. For the year, electricity prices increased 5.0 percent, and utility (piped) gas service prices increased 2.0 percent. Prices for household furnishings and operations advanced 0.8 percent for the month, but were 0.4 percent lower than in March 2007.
Food and beverages' prices edged up 0.1 percent in March 2008 and rose 4.0 percent for the past 12 months. Since February 2008, grocery prices, as measured by the food at home index, also edged up 0.1 percent while the food away from home index advanced 0.2 percent. Over the year, prices for groceries increased 4.5 percent and prices for food away from home increased 3.7 percent. Prices for alcoholic beverages did not change in March, yet advanced 3.2 percent since a year ago.
Medical care prices increased 0.6 percent for the month and 4.9 percent for the year. In March, prices for medical care services increased 0.5 percent and medical care commodities prices increased 0.9 percent. Over the latest 12-month period, prices for medical care services advanced 5.0 percent, and prices for medical care commodities advanced 4.4 percent.
Apparel prices increased 2.7 percent in March and increased 0.9 percent over the past 12 months.
Recreation prices advanced 0.2 percent for both the month and year.
The education and communication index inched up 0.2 percent for the month and increased 2.5 percent for the year. Prices for other goods and services rose 0.5 percent for the month and were 3.3 percent higher than one year ago.
The All Items Consumer Price Index for All Urban Consumers (CPI-U) for the West stands at 218.533 (1982-84=100). This means a market basket of goods and services that cost $100.00 in 1982-84 would have cost $218.53 in March 2008.
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Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods
West (1982-84=100 unless otherwise noted)
Indexes Percent change from-
Item and Group
Jan. Feb. Mar. Mar. Jan. Feb.
2008 2008 2008 2007 2008 2008
Expenditure category
All items.................................... 215.739 216.339 218.533 3.7 1.3 1.0
All items (December 1977=100) ............... 348.730 349.699 353.247 - - -
Food and beverages.......................... 214.568 215.131 215.331 4.0 .4 .1
Food....................................... 213.914 214.328 214.541 4.1 .3 .1
Food at home.............................. 218.181 218.109 218.231 4.5 .0 .1
Food away from home....................... 207.496 208.510 208.836 3.7 .6 .2
Alcoholic beverages........................ 221.213 223.589 223.622 3.2 1.1 .0
Housing..................................... 224.348 225.132 226.351 3.1 .9 .5
Shelter.................................... 252.265 253.104 254.116 3.4 .7 .4
Rent of primary residence (1)............. 252.359 252.979 253.575 4.1 .5 .2
Owners' equivalent rent of primary
residence (1) (2) .................... 263.768 264.344 265.030 3.3 .5 .3
Fuels and utilities........................ 218.608 220.614 223.756 4.6 2.4 1.4
Household energy.......................... 204.995 207.051 210.790 4.6 2.8 1.8
Gas (piped) and electricity (1).......... 206.060 208.286 211.682 3.8 2.7 1.6
Electricity (1)......................... 211.124 211.367 213.887 5.0 1.3 1.2
Utility (piped) gas service (1)......... 211.175 219.041 225.147 2.0 6.6 2.8
Household furnishings and operations....... 132.568 132.604 133.682 -.4 .8 .8
Apparel..................................... 109.948 113.149 116.170 .9 5.7 2.7
Transportation.............................. 191.280 190.644 196.863 6.5 2.9 3.3
Private transportation..................... 186.207 185.502 191.467 6.5 2.8 3.2
New and used motor vehicles (3)........... 94.291 94.004 93.872 -.6 -.4 -.1
New vehicles............................. 135.617 134.955 134.652 -1.8 -.7 -.2
New cars and trucks (3) (4)............. 94.280 93.832 93.621 -1.8 -.7 -.2
New cars (4)............................ 135.749 135.342 135.674 -.2 -.1 .2
Used cars and trucks..................... 134.747 134.737 134.700 2.2 .0 .0
Motor fuel................................ 255.535 253.164 280.534 21.1 9.8 10.8
Gasoline (all types)..................... 254.225 251.413 278.346 20.6 9.5 10.7
Gasoline, unleaded regular (4).......... 253.420 250.487 277.747 21.0 9.6 10.9
Gasoline, unleaded midgrade (4) (5)..... 238.294 236.095 260.605 19.5 9.4 10.4
Gasoline, unleaded premium (4).......... 242.545 239.979 264.433 19.4 9.0 10.2
Medical care................................ 362.649 366.560 368.638 4.9 1.7 .6
Medical care commodities................... 296.680 299.822 302.582 4.4 2.0 .9
Medical care services...................... 382.265 386.410 388.183 5.0 1.5 .5
Professional services..................... 287.257 289.045 289.642 3.2 .8 .2
Recreation (3).............................. 108.502 108.275 108.512 0.2 0.0 0.2
Education and communication (3)............. 121.436 121.295 121.584 2.5 .1 .2
Other goods and services.................... 341.860 342.559 344.223 3.3 .7 .5
Commodity and service group
All items.................................... 215.739 216.339 218.533 3.7 1.3 1.0
Commodities................................. 169.928 170.163 173.021 3.8 1.8 1.7
Commodities less food and beverages........ 145.442 145.547 149.235 3.6 2.6 2.5
Nondurables less food and beverages....... 180.640 181.469 190.134 8.3 5.3 4.8
Nondurables less food, beverages, and
apparel.............................. 230.347 229.622 242.160 11.0 5.1 5.5
Durables.................................. 112.653 112.225 112.115 -2.0 -.5 -.1
Services.................................... 257.291 258.252 259.697 3.6 .9 .6
Rent of shelter (2) ....................... 268.350 269.248 270.331 3.4 .7 .4
Transportation services.................... 239.778 240.205 242.511 3.4 1.1 1.0
Other services............................. 287.409 287.497 288.844 3.5 .5 .5
Special aggregate indexes
All items less medical care.................. 208.625 209.104 211.282 3.6 1.3 1.0
All items less food.......................... 216.167 216.796 219.294 3.6 1.4 1.2
All items less shelter....................... 202.125 202.629 205.348 3.8 1.6 1.3
Commodities less food........................ 148.529 148.695 152.311 3.6 2.5 2.4
Nondurables.................................. 198.687 199.404 204.261 6.2 2.8 2.4
Nondurables less food........................ 183.885 184.811 192.993 7.9 5.0 4.4
Nondurables less food and apparel............ 228.898 228.474 239.773 10.2 4.8 4.9
Services less rent of shelter (2) ........... 271.517 272.679 274.800 3.9 1.2 .8
Services less medical care services.......... 247.972 248.759 250.171 3.5 .9 .6
Energy....................................... 236.181 235.649 253.311 14.7 7.3 7.5
All items less energy........................ 215.911 216.607 217.568 2.7 .8 .4
All items less food and energy.............. 216.894 217.641 218.731 2.5 .8 .5
Commodities less food and energy
commodities............................ 136.788 137.278 137.949 -.4 .8 .5
Energy commodities......................... 258.974 256.589 283.999 21.2 9.7 10.7
Services less energy services.............. 261.213 262.096 263.422 3.6 .8 .5
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.
- Data not available.
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.
Last Modified Date: April 16, 2008
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