A to Z Index  |  FAQs  |  About BLS  |  Contact Us    

News Release Information

14-2133-SAN
Thursday, November 20, 2014

Contacts

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

Consumer Price Index, Los Angeles area – October 2014

Area prices were down 0.1 percent over the past month, up 1.4 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), inched down 0.1 percent in October, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Richard J. Holden noted that the October decrease was influenced by lower prices for gasoline and apparel. (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 1.4 percent. (See chart 1.) Energy prices declined 2.0 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy rose 1.5 percent since October 2013.

Food

Food prices advanced 0.3 percent for the month of October. (See table 1.) Prices for food at home advanced 0.4 percent, while prices for food away from home were unchanged for the same period.

Over the year, food prices advanced 3.0 percent. Prices for food at home rose 3.1 percent since a year ago, and prices for food away from home rose 2.8 percent.

Energy

The energy index decreased 3.4 percent over the month. The decrease was mainly due to lower prices for gasoline (-6.3 percent). Prices for electricity advanced 3.0 percent, but prices for natural gas service decreased 1.1 percent in October.

Energy prices declined 2.0 percent over the year, largely due to lower prices for gasoline (-6.1 percent). Prices paid for natural gas service jumped 10.8 percent, and prices for electricity rose 3.5 percent 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 October. Higher prices for household furnishings and operations (1.8 percent) and shelter (0.2 percent) were partially offset by lower prices for apparel (-1.3 percent) and recreation (-0.4 percent).

Over the year, the index for all items less food and energy rose 1.5 percent. Components contributing to the increase included shelter (2.5 percent) and other goods and services (2.3 percent). Partly offsetting the increases was a price decline in the household furnishings and operations index (-1.3 percent).

Table A. Los Angeles-Riverside-Orange County CPI-U monthly and annual percent changes (not seasonally adjusted)
Month200920102011201220132014
MonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnual

January

0.5-0.10.41.80.91.80.82.10.82.00.50.8

February

0.30.00.01.40.52.30.52.10.72.20.50.5

March

0.0-1.00.41.91.13.01.02.00.11.30.61.0

April

0.1-1.30.21.90.53.30.01.5-0.40.90.01.4

May

0.4-1.80.21.80.03.10.11.60.11.00.41.7

June

0.6-2.2-0.20.9-0.42.9-0.41.6-0.11.40.11.8

July

0.0-2.60.10.9-0.42.4-0.11.9-0.11.30.12.0

August

0.2-1.70.20.80.22.40.62.30.10.8-0.11.8

September

0.3-1.0-0.10.40.53.10.42.20.20.60.01.7

October

0.0-0.40.30.70.02.80.83.00.1-0.1-0.11.4

November

-0.40.9-0.40.7-0.13.0-1.02.1-0.50.4  

December

-0.31.80.31.3-0.52.2-0.71.90.01.1  

CPI-W

In October, the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was 235.921, down 0.2 percent from September. The CPI-W increased 1.4 percent over the year.

The November 2014 Consumer Price Index for the Los Angeles-Riverside-Orange County is scheduled to be released on December 17, 2014, at 10:00 a.m. (PST).


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 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: 1-800-877-8339.

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-
Aug.
2014
Sep.
2014
Oct.
2014
Oct.
2013
Aug.
2014
Sep.
2014

Expenditure category

 
 

All items

243.556243.623243.3411.4-0.1-0.1

All items (1967=100)

719.571719.770718.938---

Food and beverages

246.073246.471247.0502.80.40.2

Food

246.262246.723247.3703.00.40.3

Food at home

256.413257.152258.2333.10.70.4

Food away from home

229.902230.004230.0892.80.10.0

Alcoholic beverages

228.998228.601228.3201.1-0.3-0.1

Housing

261.111261.662262.7642.40.60.4

Shelter

293.381294.404295.0412.50.60.2

Rent of primary residence (1)

306.431306.995308.2582.90.60.4

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

305.754306.389307.2642.50.50.3

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

305.757306.388307.2602.50.50.3

Fuels and utilities

301.695302.470304.8155.21.00.8

Household energy

271.463272.266277.0815.42.11.8

Energy services (1)

270.059270.797275.6685.42.11.8

Electricity (1)

303.839305.582314.8713.53.63.0

Utility (piped) gas service (1)

234.814233.799231.11310.8-1.6-1.1

Household furnishings and operations

116.493115.350117.421-1.30.81.8

Apparel

115.164116.373114.8020.6-0.3-1.3

Transportation

210.909208.643205.057-1.9-2.8-1.7

Private transportation

206.186203.411199.106-1.9-3.4-2.1

Motor fuel

300.708291.985273.641-6.0-9.0-6.3

Gasoline (all types)

294.172285.611267.645-6.1-9.0-6.3

Gasoline, unleaded regular (3)

295.870287.152268.856-6.1-9.1-6.4

Gasoline, unleaded midgrade (3) (4)

278.796270.754254.537-5.3-8.7-6.0

Gasoline, unleaded premium (3)

276.223268.646252.391-6.0-8.6-6.1

Medical care

416.627417.119415.8790.6-0.2-0.3

Recreation (5)

104.389105.393104.9481.20.5-0.4

Education and communication (5)

145.913145.524145.8330.7-0.10.2

Other goods and services

381.447381.001379.7602.3-0.4-0.3
 

Commodity and service group

 
 

All items

243.556243.623243.3411.4-0.1-0.1

Commodities

181.307180.500179.051-0.2-1.2-0.8

Commodities less food & beverages

146.000144.711142.457-2.3-2.4-1.6

Nondurables less food & beverages

194.308192.781187.823-2.4-3.3-2.6

Durables

98.94297.89198.197-2.0-0.80.3

Services

298.069298.993299.8642.40.60.3
 

Special aggregate indexes

 
 

All items less medical care

235.781235.833235.5861.5-0.1-0.1

All items less shelter

221.841221.494220.8150.8-0.5-0.3

Commodities less food

149.846148.575146.365-2.2-2.3-1.5

Nondurables

221.937221.300218.8940.3-1.4-1.1

Nondurables less food

198.489197.019192.310-2.1-3.1-2.4

Services less rent of shelter (2)

313.351314.160315.3952.20.70.4

Services less medical care services

287.415288.377289.2662.40.60.3

Energy

290.758285.637276.063-2.0-5.1-3.4

All items less energy

242.010242.454242.8451.70.30.2

All items less food and energy

241.574242.016242.3601.50.30.1

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: Thursday, November 20, 2014