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News Release Information

16-354-SAN
Friday, February 19, 2016

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

Consumer Price Index, Los Angeles area — January 2016

Area prices were up 0.7 percent over the past month, up 3.1 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.7 percent in January, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Richard J. Holden noted that the January increase was influenced by higher prices for shelter and food. (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 3.1 percent. The last time the CPI-U increased by more than 2.5 percent for a 12-month period was in October 2012. (See chart 1 and table A.) Energy prices rose 7.0 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy advanced 3.2 percent over the year. (See table 1.)

Food

Food prices advanced 0.9 percent for the month of January. (See table 1.) Prices for food away from home moved up 1.1 percent, and prices for food at home increased 0.8 percent for the same period.

Over the year, food prices rose 1.2 percent. Prices for food away from home advanced 3.9 percent  percent since a year ago, but prices for food at home decreased 0.7 percent.

Energy

The energy index increased 1.9 percent over the month. The increase was mainly due to higher prices for gasoline (2.4 percent). Prices for electricity rose 1.7 percent, and prices for natural gas service moved up 0.2 percent for the same period.

Energy prices rose 7.0 percent over the year, largely due to higher prices for gasoline (14.1 percent). Prices paid for electricity decreased 1.6 percent, and prices for natural gas service declined 1.3 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 0.6 percent in January. Prices increased for apparel (2.4 percent), recreation (2.1 percent), and shelter (0.6 percent).

Over the year, the index for all items less food and energy advanced 3.2 percent. Components contributing to the increase included recreation (6.5 percent), medical care (5.0 percent), and shelter (4.0 percent).

Table A. Los Angeles-Riverside-Orange County CPI-U monthly and annual percent changes (not seasonally adjusted)
Month201120122013201420152016
MonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnual

January

0.91.80.82.10.82.00.50.8-0.3-0.10.73.1

February

0.52.30.52.10.72.20.50.50.70.1  

March

1.13.01.02.00.11.30.61.01.00.5  

April

0.53.30.01.5-0.40.90.01.4-0.10.5  

May

0.03.10.11.60.11.00.41.71.01.1  

June

-0.42.9-0.41.6-0.11.40.11.8-0.30.8  

July

-0.42.4-0.11.9-0.11.30.12.00.71.4  

August

0.22.40.62.30.10.8-0.11.8-0.31.1  

September

0.53.10.42.20.20.60.01.7-0.40.7  

October

0.02.80.83.00.1-0.1-0.11.40.21.0  

November

-0.13.0-1.02.1-0.50.4-0.71.30.01.6  

December

-0.52.2-0.71.90.01.1-0.50.7-0.12.0  

The February 2016 Consumer Price Index for the Los Angeles-Riverside-Orange County is scheduled to be released on March 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-
Nov.
2015
Dec.
2015
Jan.
2016
Jan.
2015
Nov.
2015
Dec.
2015

Expenditure category

 
 

All items

245.711245.357247.1553.10.60.7

All items (1967=100)

725.941724.893730.207---

Food and beverages

251.700249.752251.9031.20.10.9

Food

251.968249.838252.0831.20.00.9

Food at home

260.238256.077258.072-0.7-0.80.8

Food away from home

237.921238.404240.9233.91.31.1

Alcoholic beverages

233.316233.690234.3691.20.50.3

Housing

269.198270.386272.2413.31.10.7

Shelter

306.503307.810309.5274.01.00.6

Rent of primary residence (1)

321.865323.270324.5834.30.80.4

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

318.506320.073321.1833.80.80.3

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

318.482320.054321.1643.80.80.3

Fuels and utilities

291.090290.880294.663-0.61.21.3

Household energy

256.173256.045259.428-1.41.31.3

Energy services (1)

254.962254.881258.261-1.51.31.3

Electricity (1)

300.925296.080301.034-1.60.01.7

Utility (piped) gas service (1)

196.124204.688205.093-1.34.60.2

Household furnishings and operations

114.359115.587117.0490.72.41.3

Apparel

110.747106.662109.2391.3-1.42.4

Transportation

192.619191.681192.5344.60.00.4

Private transportation

186.873186.458187.6045.00.40.6

Motor fuel

219.830218.367223.37213.91.62.3

Gasoline (all types)

215.129213.709218.78514.11.72.4

Gasoline, unleaded regular (3)

215.431214.090219.17314.31.72.4

Gasoline, unleaded midgrade (3) (4)

206.756204.578209.29513.31.22.3

Gasoline, unleaded premium (3)

205.609204.270208.92813.41.62.3

Medical care

443.047443.162445.2475.00.50.5

Recreation (5)

106.536106.622108.8786.52.22.1

Education and communication (5)

147.079146.643146.7891.1-0.20.1

Other goods and services

391.758390.022390.4592.0-0.30.1
 

Commodity and service group

 
 

All items

245.711245.357247.1553.10.60.7

Commodities

174.412173.172175.0531.80.41.1

Commodities less food & beverages

134.043133.158134.8332.30.61.3

Nondurables less food & beverages

173.450171.621174.7094.60.71.8

Durables

95.46995.47995.761-1.30.30.3

Services

309.048309.571311.2913.80.70.6
 

Special aggregate indexes

 
 

All items less medical care

237.112236.745238.5253.00.60.8

All items less shelter

219.247218.173220.0192.60.40.8

Commodities less food

138.314137.462139.1322.30.61.2

Nondurables

213.329211.415214.1402.70.41.3

Nondurables less food

179.029177.323180.3314.30.71.7

Services less rent of shelter (2)

321.475320.856322.6293.60.40.6

Services less medical care services

297.471297.997299.7713.70.80.6

Energy

234.598233.640238.0417.01.51.9

All items less energy

248.417248.104249.7202.80.50.7

All items less food and energy

248.120248.140249.6523.20.60.6

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: Friday, February 19, 2016