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News Release Information

18-1161-SAN
Thursday, July 12, 2018

Contacts

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

Consumer Price Index, Los Angeles area — June 2018

Area prices were down 0.2 percent over the past month, up 4.0 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), edged down 0.2 percent in June, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the June decrease was influenced by lower prices for apparel, food, and gasoline. (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 4.0 percent. (See chart 1 and table A.) Energy prices jumped 16.3 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy increased 3.5 percent over the year. (See table 1.)

Food

Food prices declined 0.4 percent for the month of June. (See table 1.) Prices for food at home decreased 1.3 percent, but prices for food away from home rose 0.4 percent for the same period.

Over the year, food prices advanced 1.3 percent. Prices for food away from home increased 3.8 percent since a year ago, but prices for food at home decreased 0.9 percent.

Energy

The energy index decreased 0.8 percent over the month. The decrease was mainly due to lower prices for gasoline (-1.2 percent). Prices for electricity declined 1.1 percent, but prices for natural gas service advanced 3.3 percent for the same period.

Energy prices jumped 16.3 percent over the year, largely due to higher prices for gasoline (23.9 percent). Prices paid for electricity rose 6.7 percent, but prices for natural gas service declined 4.0 percent during the past year.

All items less food and energy

The index for all items less food and energy edged down 0.2 percent in June. Lower prices for apparel (-2.5 percent) and other goods and services (-0.5 percent) were partially offset by higher prices for education and communication (0.5 percent) and recreation (0.2 percent).

Over the year, the index for all items less food and energy increased 3.5 percent. Components contributing to the increase included shelter (5.6 percent), other goods and services (3.5 percent), and medical care (2.2 percent). Partly offsetting the increases were price declines in household furnishings and operations (-1.0 percent), apparel (-0.8 percent), and recreation (-0.6 percent).

Table A. Los Angeles-Long Beach-Anaheim CPI-U monthly and annual percent changes (not seasonally adjusted)
Month201320142015201620172018
MonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnual

January

0.82.00.50.8-0.3-0.10.73.10.92.10.83.5

February

0.72.20.50.50.70.10.02.40.62.7 0.7 3.6

March

0.11.30.61.01.00.50.31.70.32.7 0.4 3.8

April

-0.40.90.01.4-0.10.50.22.00.22.7 0.44.0

May

0.11.00.41.71.01.10.51.40.32.5 0.4 4.1

June

-0.11.40.11.8-0.30.80.11.8-0.22.2 -0.24.0

July

-0.11.30.12.00.71.40.01.10.32.5  

August

0.10.8-0.11.8-0.31.10.01.40.32.8  

September

0.20.60.01.7-0.40.70.21.90.43.1  

October

0.1-0.1-0.11.40.21.00.42.20.43.1  

November

-0.50.4-0.71.30.01.6-0.41.80.13.6  

December

0.01.1-0.50.7-0.12.00.02.00.03.6  

The July 2018 Consumer Price Index for the Los Angeles-Long Beach-Anaheim area is scheduled to be released on August 10, 2018.

Consumer Price Index Geographic Revision for 2018

In January 2018, BLS introduced a new geographic area sample for the Consumer Price Index (CPI). As part of the new sample, Los Angeles and Riverside have separate indexes. Additional information on the geographic revision is available at: www.bls.gov/cpi/additional-resources/geographic-revision-2018.htm.


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 93 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 75 urban areas across the country from about 5,000 housing units and approximately 22,000 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-Long Beach-Anaheim. metropolitan area covered in this release is comprised of Los Angeles and Orange 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-Long Beach-Anaheim (1982-84=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Apr.
2018
May
2018
Jun.
2018
Jun.
2017
Apr.
2018
May
2018

Expenditure category

All items

265.095266.148265.5224.00.2-0.2

All items (1967=100)

783.207786.319784.470---

Food and beverages

260.079259.252258.1211.2-0.8-0.4

Food

260.623259.611258.4931.3-0.8-0.4

Food at home

257.249255.115251.908-0.9-2.1-1.3

Cereals and bakery products

262.157258.547265.089-1.12.5

Meats, poultry, fish, and eggs

280.771276.998276.874--1.40.0

Dairy and related products

243.081243.136230.080--5.3-5.4

Fruits and vegetables

344.170342.775334.496--2.8-2.4

Nonalcoholic beverages and beverage materials(1)

259.957260.211254.932--1.9-2.0

Other food at home

205.510202.990200.450--2.5-1.3

Food away from home

260.662260.832261.9023.80.50.4

Food away from home

260.662260.832261.9023.80.50.4

Alcoholic beverages

236.947238.649237.4070.10.2-0.5

Housing

299.048300.896300.8014.90.60.0

Shelter

344.663346.704346.6815.60.60.0

Rent of primary residence(2)

361.853362.688363.4604.70.40.2

Owners' equiv. rent of residences(2)(3)

357.725358.741360.2775.60.70.4

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

357.704358.720360.2565.60.70.4

Fuels and utilities

309.868320.397320.4944.43.40.0

Household energy

261.504274.524274.6454.05.00.0

Energy services(2)

260.036273.095273.3734.05.10.1

Electricity(2)

313.199313.199309.8866.7-1.1-1.1

Utility (piped) gas service(2)

186.105227.144234.695-4.026.13.3

Household furnishings and operations

117.630116.160115.769-1.0-1.6-0.3

Apparel

114.195107.820105.173-0.8-7.9-2.5

Transportation

213.267216.802215.5648.51.1-0.6

Private transportation

209.653212.498211.8019.21.0-0.3

New and used motor vehicles(4)

92.07792.07192.013--0.1-0.1

New vehicles(1)

169.728169.306169.414--0.20.1

Used cars and trucks(1)

268.930267.205268.557--0.10.5

Motor fuel

277.701288.201284.87224.12.6-1.2

Gasoline (all types)

271.328281.580278.31023.92.6-1.2

Gasoline, unleaded regular(4)

271.996282.335279.01724.12.6-1.2

Gasoline, unleaded midgrade(4)(5)

260.162269.950267.04823.62.6-1.1

Gasoline, unleaded premium(4)

258.276267.712264.76822.92.5-1.1

Motor vehicle insurance(1)

748.204758.909758.909-1.40.0

Medical care

478.342480.668479.9222.20.3-0.2

Recreation(6)

104.097105.700105.881-0.61.70.2

Education and communication(6)

143.872144.240144.8971.70.70.5

Tuition, other school fees, and child care(1)

1,775.9461,775.9461,780.097-0.20.2

Other goods and services

428.541428.442426.2263.5-0.5-0.5

Commodity and service group

All items

265.095266.148265.5224.00.2-0.2

Commodities

183.180182.353180.9492.8-1.2-0.8

Commodities less food & beverages

142.349141.575140.1584.0-1.5-1.0

Nondurables less food & beverages

194.773193.946191.3208.3-1.8-1.4

Durables

91.91791.22490.882-3.1-1.1-0.4

Services

338.034340.747340.8054.60.80.0

Special aggregate indexes

All items less medical care

255.804256.804256.1854.10.1-0.2

All items less shelter

230.208230.818229.9153.0-0.1-0.4

Commodities less food

146.614145.895144.4643.8-1.5-1.0

Nondurables

229.225228.379226.3764.5-1.2-0.9

Nondurables less food

199.730199.029196.4427.7-1.6-1.3

Services less rent of shelter(3)

337.602341.387341.5563.11.20.0

Services less medical care services

326.005328.759328.8384.80.90.0

Energy

274.038285.492283.34316.33.4-0.8

All items less energy

266.600266.971266.4413.2-0.1-0.2

All items less food and energy

267.945268.532268.0943.50.1-0.2

Footnotes
(1) Indexes on a December 1977=100 base.
(2) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(3) Indexes on a December 1982=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
(6) 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, July 12, 2018