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News Release Information

18-1012-SAN
Tuesday, June 12, 2018

Contacts

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

Consumer Price Index, West Region — May 2018

Area prices were up 0.5 percent over the past month, up 3.5 percent from a year ago

Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose 0.5 percent in May, the U.S. Bureau of Labor Statistics reported today. (See table A.) The May increase was influenced by higher prices for shelter 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 rose 3.5 percent. (See chart 1 and table A.) Energy prices jumped 12.7 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy advanced 3.1 percent over the year. (See table 1.)

Food

Food prices edged down 0.1 percent for the month of May. (See table 1.) Prices for food at home decreased 0.3 percent, influenced by lower prices for meats, poultry, fish, and eggs (-1.4 percent). Prices for food away from home crept up 0.2 percent for the same period.

Over the year, food prices rose 1.5 percent. Prices for food away from home rose 3.5 percent since a year ago, but prices for food at home edged down 0.1 percent.

Energy

The energy index rose 3.7 percent over the month. The increase was mainly due to higher prices for gasoline (4.9 percent). Prices for natural gas service rose 4.4 percent, and prices for electricity increased 1.3 percent for the same period.

Energy prices jumped 12.7 percent over the year, largely due to higher prices for gasoline (22.3 percent). Prices paid for electricity increased 1.2 percent, but prices for natural gas service decreased 3.3 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.3 percent in May. Higher prices for shelter (0.5 percent), recreation (0.5 percent), and medical care (0.4 percent) were partially offset by lower prices for apparel (-1.7 percent) and household furnishings and operations (-0.7 percent).

Over the year, the index for all items less food and energy advanced 3.1 percent. Components contributing to the increase included shelter (4.5 percent) and medical care (3.5 percent).

Table A. West Region CPI-U monthly and annual percent changes (not seasonally adjusted)
Month201320142015201620172018
MonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnualMonthlyAnnual

January

0.31.70.31.7-0.30.70.52.60.52.50.53.1

February

0.82.00.41.30.60.90.12.10.63.00.53.1

March

0.41.50.61.50.81.10.21.50.33.10.43.2

April

0.01.30.31.80.31.00.51.80.32.90.43.2

May

0.21.30.62.30.81.20.51.50.22.60.53.5

June

0.11.50.12.30.01.10.21.60.02.5

July

0.01.90.12.30.31.30.11.40.12.5

August

0.11.5-0.12.1-0.11.30.01.50.22.7

September

0.21.30.12.0-0.21.00.32.00.52.9

October

-0.10.9-0.12.00.01.10.32.30.32.9

November

-0.41.3-0.61.7-0.21.5-0.22.30.03.1

December

0.01.8-0.51.3-0.11.80.02.50.13.1

The June 2018 Consumer Price Index for the West Region is scheduled to be released on July 12, 2018.


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 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: (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

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

Expenditure category

All Items

260.994262.037263.2403.50.90.5

All items (December 1977=100)

421.883423.568425.513   

Food and beverages

258.422259.152258.9881.60.2-0.1

Food

258.260258.887258.7271.50.2-0.1

Food at home

246.683246.843246.051-0.1-0.3-0.3

Cereals and bakery products

258.468257.067257.138 -0.50.0

Meats, poultry, fish, and eggs

257.212258.696255.165 -0.8-1.4

Dairy and related products

227.306227.303225.802 -0.7-0.7

Fruits and vegetables

325.096325.959328.314 1.00.7

Nonalcoholic beverages and beverage materials

169.825169.217168.029 -1.1-0.7

Other food at home

212.397212.407212.282 -0.1-0.1

Food away from home

273.346274.576275.2313.50.70.2

Alcoholic beverages

257.254259.285259.0742.00.7-0.1

Housing

283.968284.763285.9623.90.70.4

Shelter

326.804327.549329.0574.50.70.5

Rent of primary residence(1)

344.503345.911346.6954.60.60.2

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

343.115344.234345.1304.50.60.3

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

343.116344.237345.1384.50.60.3

Fuels and utilities

295.361296.545300.6261.31.81.4

Household energy

251.607252.987257.5970.22.41.8

Energy services(1)

253.156254.807259.6940.12.61.9

Electricity(1)

285.080286.660290.3881.21.91.3

Utility (piped) gas service(1)

192.315194.318202.803-3.35.54.4

Household furnishings and operations

130.039130.820129.8551.3-0.1-0.7

Apparel

120.474120.914118.8200.0-1.4-1.7

Transportation

213.377216.897220.5926.93.41.7

Private transportation

208.246211.852215.5387.83.51.7

New and used motor vehicles(3)

100.700100.206100.389-0.8-0.30.2

New vehicles

147.020146.001147.222-1.50.10.8

New cars and trucks(3)(4)

102.119101.409102.250-1.50.10.8

New cars(4)

143.454142.395144.442-1.30.71.4

Used cars and trucks

134.616134.162133.079-1.8-1.1-0.8

Motor fuel

246.796263.723276.63222.312.14.9

Gasoline (all types)

245.739262.783275.64022.312.24.9

Gasoline, unleaded regular(4)

242.874260.153272.99122.612.44.9

Gasoline, unleaded midgrade(4)(5)

234.631249.448261.43621.211.44.8

Gasoline, unleaded premium(4)

241.566256.204268.16720.811.04.7

Motor vehicle insurance(6)

824.374824.995835.102 1.31.2

Medical Care

491.089491.184493.2983.50.40.4

Medical care commodities

378.301379.122386.0465.12.01.8

Medical care services

526.583526.431526.8903.10.10.1

Professional services

357.605358.344358.4662.10.20.0

Recreation(3)

114.298113.495114.0781.0-0.20.5

Education and communication(3)

135.674135.561135.7990.50.10.2

Tuition, other school fees, and child care(6)

1,380.9421,381.2391,382.887 0.10.1

Other goods and services

433.408434.942434.7502.70.30.0

Commodity and Service Group

All Items

260.994262.037263.2403.50.90.5

Commodities

183.741185.388186.0942.81.30.4

Commodities less food & beverages

146.501148.408149.4033.62.00.7

Nondurables less food & beverages

191.230195.852198.3397.63.71.3

Nondurables less food, beverages, and apparel

240.668248.276254.06110.25.62.3

Durables

106.213105.975105.794-1.6-0.4-0.2

Services

332.527332.917334.5953.80.60.5

Rent of shelter(2)

347.957348.755350.3634.50.70.5

Transportation services

315.796316.800319.6065.71.20.9

Other services

348.440347.053348.4121.80.00.4

Special aggregate indexes:

All items less medical care

250.474251.555252.7163.50.90.5

All items less food

261.595262.703264.1203.81.00.5

All items less shelter

235.254236.418237.5022.91.00.5

Commodities less food

150.630152.555153.5273.51.90.6

Nondurables

225.082227.961229.2534.31.90.6

Nondurables less food

196.188200.688203.0347.13.51.2

Nondurables less food and apparel

241.950249.022254.2339.45.12.1

Services less rent of shelter(2)

350.084350.002351.9542.90.50.6

Services less medical care services

318.969319.393321.1473.90.70.5

Energy

252.436263.443273.25212.78.23.7

All items less energy

263.788264.114264.7022.90.30.2

All items less food and energy

265.534265.809266.5263.10.40.3

Commodities less food and energy commodities

140.204140.387139.963-0.1-0.2-0.3

Energy commodities

251.623268.456281.32222.011.84.8

Services less energy services

338.416338.739340.2494.00.50.4

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) Indexes 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.
(6) Indexes on a December 1977=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. Data not seasonally adjusted.

 

Last Modified Date: Tuesday, June 12, 2018