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News Release Information

23-1783-SAN
Thursday, August 10, 2023

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

Consumer Price Index, Honolulu Area — July 2023

Area prices were up 0.7 percent over the past two months, up 2.1 percent from a year ago

Prices in the Honolulu area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.7 percent for the two months ending in July 2023, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the July increase was influenced by higher prices for shelter. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U advanced 2.1 percent. (See chart 1 and table A.) Food prices advanced 4.7 percent. Energy prices fell 13.9 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy advanced 3.3 percent over the year. (See table 1.)

Food

Food prices advanced 1.1 percent for the two months ending in July. (See table 1.) Prices for food at home advanced 0.9 percent, led by higher prices for meats, poultry, fish, and eggs (4.2 percent). Overall, prices rose in four of the six grocery categories. Prices for food away from home increased 1.4 percent for the same period.

Over the year, food prices advanced 4.7 percent. Prices for food at home advanced 1.5 percent since a year ago, with prices increasing in three of the six grocery categories. Prices for food away from home rose 9.6 percent.

Energy

The energy index fell 2.5 percent for the two months ending in July. The decrease was mainly due to lower prices for electricity (-3.1 percent). Prices for natural gas services fell 5.9 percent, and prices for gasoline decreased 1.9 percent for the same period.

Energy prices fell 13.9 percent over the year, largely due to lower prices for gasoline (-16.1 percent). Prices paid for natural gas service declined 13.9 percent, and prices for electricity fell 11.6 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 0.9 percent in the latest two-month period. Higher prices for shelter (2.1 percent) and education and communication (0.8 percent) were partially offset by lower prices for apparel (-6.1 percent) and medical care (-2.3 percent).

Over the year, the index for all items less food and energy advanced 3.3 percent. Components contributing to the increase included medical care (4.6 percent) and shelter (3.5 percent). Partly offsetting the increases was a price decrease in used cars and trucks (-5.3 percent).

Table A. Urban Hawaii CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month20192020202120222023
2-month12-month2-month12-month2-month12-month2-month12-month2-month12-month

January

1.90.51.70.31.40.96.00.35.2

March

0.51.80.61.80.91.82.47.50.63.3

May

0.72.10.21.32.13.81.67.00.32.0

July

-0.11.60.01.30.84.60.66.80.72.1

September

0.11.10.61.91.05.00.86.6

November

0.10.9-0.21.60.15.4-0.65.8

The September 2023 Consumer Price Index for the Honolulu area is scheduled to be released on October 12, 2023.


Technical Note

The Consumer Price Index (CPI) is a measures 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 U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. 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 6,000 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; for most of the CPI-U the reference base is 1982-84 equals 100. An increase of 7 percent from the reference base, for example, is shown as 107.000.  Alternatively, that relationship can also be expressed as the price of a base period market basket of goods and services rising from $100 to $107. For further details see the CPI home page on the Internet at www.bls.gov/cpi and the CPI section of the BLS Handbook of Methods available on the internet at www.bls.gov/opub/hom/cpi/.

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 Urban Hawaii area covered in this release consists of Honolulu in the State of Hawaii.

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

Urban Hawaii (1982-84=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Historical
data
May
2023
Jun.
2023
Jul.
2023
Jul.
2022
May
2023
Jun.
2023

Expenditure category

All items

Go to web page with historical data for series CUURS49FSA0
323.708-325.8362.10.7-

All items (1967=100)

Go to web page with historical data for series CUURS49FAA0
891.159-897.018---

Food and beverages

Go to web page with historical data for series CUURS49FSAF
351.245-355.1374.11.1-

Food

Go to web page with historical data for series CUURS49FSAF1
355.164-359.1704.71.1-

Food at home

Go to web page with historical data for series CUURS49FSAF11
342.951340.866346.0321.50.91.5

Cereals and bakery products

Go to web page with historical data for series CUURS49FSAF111
400.967407.133408.6755.11.90.4

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS49FSAF112
316.330317.759329.617-1.24.23.7

Dairy and related products

Go to web page with historical data for series CUURS49FSEFJ
286.407274.504280.674-1.2-2.02.2

Fruits and vegetables

Go to web page with historical data for series CUURS49FSAF113
399.659392.305402.0843.00.62.5

Nonalcoholic beverages and beverage materials(1)

Go to web page with historical data for series CUURS49FSAF114
436.351421.526423.001-4.1-3.10.3

Other food at home

Go to web page with historical data for series CUURS49FSAF115
338.359339.414339.9824.50.50.2

Food away from home

Go to web page with historical data for series CUURS49FSEFV
362.434-367.6699.61.4-

Alcoholic beverages

Go to web page with historical data for series CUURS49FSAF116
285.158-287.022-6.40.7-

Housing

Go to web page with historical data for series CUURS49FSAH
341.940-347.1692.31.5-

Shelter

Go to web page with historical data for series CUURS49FSAH1
368.475370.758376.1503.52.11.5

Rent of primary residence(2)

Go to web page with historical data for series CUURS49FSEHA
365.120367.689371.1172.11.60.9

Owners' equiv. rent of residences(2)

Go to web page with historical data for series CUURS49FSEHC
380.888383.215389.6485.42.31.7

Owners' equiv. rent of primary residence(2)

Go to web page with historical data for series CUURS49FSEHC01
380.888383.215389.6485.42.31.7

Fuels and utilities

Go to web page with historical data for series CUURS49FSAH2
450.475-441.150-7.8-2.1-

Household energy

Go to web page with historical data for series CUURS49FSAH21
380.432374.916369.123-11.3-3.0-1.5

Energy services

Go to web page with historical data for series CUURS49FSEHF
373.955368.228361.549-11.6-3.3-1.8

Electricity

Go to web page with historical data for series CUURS49FSEHF01
368.866364.031357.273-11.6-3.1-1.9

Utility (piped) gas service

Go to web page with historical data for series CUURS49FSEHF02
391.648372.703368.416-13.9-5.9-1.2

Household furnishings and operations

Go to web page with historical data for series CUURS49FSAH3
166.021-167.2405.40.7-

Apparel

Go to web page with historical data for series CUURS49FSAA
130.574-122.6489.9-6.1-

Transportation

Go to web page with historical data for series CUURS49FSAT
273.573-271.463-4.4-0.8-

Private transportation

Go to web page with historical data for series CUURS49FSAT1
282.243-281.909-4.1-0.1-

New and used motor vehicles(3)

Go to web page with historical data for series CUURS49FSETA
130.139-129.8410.0-0.2-

New vehicles(1)

Go to web page with historical data for series CUURS49FSETA01
195.287-194.9524.5-0.2-

Used cars and trucks(1)

Go to web page with historical data for series CUURS49FSETA02
343.289-346.788-5.31.0-

Motor fuel

Go to web page with historical data for series CUURS49FSETB
372.033368.752364.987-16.1-1.9-1.0

Gasoline (all types)

Go to web page with historical data for series CUURS49FSETB01
381.895378.463374.525-16.1-1.9-1.0

Gasoline, unleaded regular(4)

Go to web page with historical data for series CUURS49FSS47014
396.205392.832388.709-16.4-1.9-1.0

Gasoline, unleaded midgrade(4)(5)

Go to web page with historical data for series CUURS49FSS47015
317.209314.108310.724-15.8-2.0-1.1

Gasoline, unleaded premium(4)

Go to web page with historical data for series CUURS49FSS47016
359.081355.191351.634-15.1-2.1-1.0

Medical care

Go to web page with historical data for series CUURS49FSAM
510.184-498.3934.6-2.3-

Recreation(3)

Go to web page with historical data for series CUURS49FSAR
149.235-150.3055.60.7-

Education and communication(3)

Go to web page with historical data for series CUURS49FSAE
156.799-157.9922.30.8-

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

Go to web page with historical data for series CUURS49FSEEB
1,922.709-1,989.1663.43.5-

Other goods and services

Go to web page with historical data for series CUURS49FSAG
611.101-615.4268.80.7-

Commodity and service group

All items

Go to web page with historical data for series CUURS49FSA0
323.708-325.8362.10.7-

Commodities

Go to web page with historical data for series CUURS49FSAC
253.028-252.4851.7-0.2-

Commodities less food & beverages

Go to web page with historical data for series CUURS49FSACL11
193.016-190.569-0.2-1.3-

Nondurables less food & beverages

Go to web page with historical data for series CUURS49FSANL11
249.714-244.747-2.0-2.0-

Durables

Go to web page with historical data for series CUURS49FSAD
134.316-133.7641.8-0.4-

Services

Go to web page with historical data for series CUURS49FSAS
386.579-390.7892.31.1-

Special aggregate indexes

All items less medical care

Go to web page with historical data for series CUURS49FSA0L5
313.734-316.6071.90.9-

All items less shelter

Go to web page with historical data for series CUURS49FSA0L2
306.434-305.3181.1-0.4-

Commodities less food

Go to web page with historical data for series CUURS49FSACL1
196.979-194.604-0.5-1.2-

Nondurables

Go to web page with historical data for series CUURS49FSAN
302.544-302.0971.7-0.1-

Nondurables less food

Go to web page with historical data for series CUURS49FSANL1
252.106-247.475-2.3-1.8-

Services less rent of shelter(2)

Go to web page with historical data for series CUURS49FSASL2RS
409.344-407.0790.2-0.6-

Services less medical care services

Go to web page with historical data for series CUURS49FSASL5
376.437-381.4152.31.3-

Energy

Go to web page with historical data for series CUURS49FSA0E
374.334369.895365.085-13.9-2.5-1.3

All items less energy

Go to web page with historical data for series CUURS49FSA0LE
322.641-325.5643.50.9-

All items less food and energy

Go to web page with historical data for series CUURS49FSA0L1E
318.796-321.5583.30.9-

Footnotes
(1) Indexes on a December 1977=100 base.
(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.

- Data not available
NOTE: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Thursday, August 10, 2023