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News Release Information

23-1341-SAN
Tuesday, June 13, 2023

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

Consumer Price Index, Riverside Area — May 2023

Area prices were up 0.8 percent over the past two months, up 3.9 percent from a year ago

Prices in the Riverside area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.8 percent for the two months ending in May 2023, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the May 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 3.9 percent. (See chart 1 and table A.) Food prices rose 7.8 percent. Energy prices fell 11.2 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy increased 5.8 percent over the year. (See table 1.)

Chart 1
Food

Food prices rose 1.1 percent for the two months ending in May. (See table 1.) Prices for food at home rose 0.5 percent, with higher prices in three of the six grocery categories. Prices for food away from home rose 2.2 percent for the same period.

Over the year, food prices rose 7.8 percent. Prices for food at home advanced 7.0 percent since a year ago. Price increases across food at home expenditure categories ranged from 1.1 percent for meats, poultry, fish, and eggs to 15.0 percent for cereals and bakery products. Prices for food away from home increased 9.7 percent.

Energy

The energy index decreased 1.0 percent for the two months ending in May. The decrease was influenced by lower prices for electricity (-1.2 percent). Prices for natural gas service fell 2.5 percent, and prices for gasoline decreased 0.5 percent for the same period.

Energy prices fell 11.2 percent over the year, largely due to lower prices for gasoline (-18.5 percent). Prices paid for natural gas service fell 12.8 percent, but prices for electricity rose 7.7 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 1.0 percent in the latest two-month period. Higher prices for used cars and trucks (7.4 percent), household furnishings and operations (2.9 percent), and shelter (0.7 percent) were partially offset by lower prices for education and communication (-0.8 percent).

Over the year, the index for all items less food and energy increased 5.8 percent. Components contributing to the increase included shelter (8.2 percent), household furnishings and operations (6.9 percent), and new vehicles (4.6 percent). Partly offsetting the increases were price decreases in used cars and trucks (-3.3 percent) and education and communication (-0.9 percent).

Table A. Riverside-San Bernardino-Ontario, CA, 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

0.43.00.53.00.92.21.58.61.37.3

March

0.72.80.02.31.33.62.710.00.04.6

May

1.22.9-0.20.92.05.91.49.40.83.9

July

-0.12.60.71.71.36.51.19.2

September

0.63.10.51.70.86.80.08.4

November

0.22.90.41.91.47.90.67.5

The July 2023 Consumer Price Index for the Riverside area is scheduled to be released on August 10, 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 Riverside-San Bernardino-Ontario, CA metropolitan area includes Riverside and San Bernardino Counties in 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

Riverside-San Bernardino-Ontario (December 2017=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Historical
data
Mar.
2023
Apr.
2023
May
2023
May
2022
Mar.
2023
Apr.
2023

Expenditure category

All items

Go to web page with historical data for series CUURS49CSA0
127.707-128.7683.90.8-

Food and beverages

Go to web page with historical data for series CUURS49CSAF
131.330-132.7287.41.1-

Food

Go to web page with historical data for series CUURS49CSAF1
132.397-133.8347.81.1-

Food at home

Go to web page with historical data for series CUURS49CSAF11
131.157132.592131.7727.00.5-0.6

Cereals and bakery products

Go to web page with historical data for series CUURS49CSAF111
148.991-150.18315.00.8-

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS49CSAF112
133.893-132.0651.1-1.4-

Dairy and related products

Go to web page with historical data for series CUURS49CSEFJ
112.872-117.4157.94.0-

Fruits and vegetables

Go to web page with historical data for series CUURS49CSAF113
132.161-132.2125.90.0-

Nonalcoholic beverages and beverage materials

Go to web page with historical data for series CUURS49CSAF114
129.839-128.5943.8-1.0-

Other food at home

Go to web page with historical data for series CUURS49CSAF115
125.987-128.1909.51.7-

Food away from home

Go to web page with historical data for series CUURS49CSEFV
134.175-137.1189.72.2-

Alcoholic beverages

Go to web page with historical data for series CUURS49CSAF116
111.548-112.172-0.70.6-

Housing

Go to web page with historical data for series CUURS49CSAH
131.862-132.9837.60.9-

Shelter

Go to web page with historical data for series CUURS49CSAH1
129.469129.880130.4308.20.70.4

Rent of primary residence

Go to web page with historical data for series CUURS49CSEHA
135.774136.403136.88812.00.80.4

Owners' equiv. rent of residences

Go to web page with historical data for series CUURS49CSEHC
127.790128.395129.0107.31.00.5

Owners' equiv. rent of primary residence

Go to web page with historical data for series CUURS49CSEHC01
127.790128.395129.0107.31.00.5

Fuels and utilities

Go to web page with historical data for series CUURS49CSAH2
154.944-153.7502.5-0.8-

Household energy

Go to web page with historical data for series CUURS49CSAH21
167.102161.910164.5562.1-1.51.6

Energy services

Go to web page with historical data for series CUURS49CSEHF
168.219162.902165.7532.1-1.51.8

Electricity

Go to web page with historical data for series CUURS49CSEHF01
172.001169.643169.9997.7-1.20.2

Utility (piped) gas service

Go to web page with historical data for series CUURS49CSEHF02
156.699142.563152.855-12.8-2.57.2

Household furnishings and operations

Go to web page with historical data for series CUURS49CSAH3
123.907-127.5566.92.9-

Apparel

Go to web page with historical data for series CUURS49CSAA
113.675-116.7799.42.7-

Transportation

Go to web page with historical data for series CUURS49CSAT
133.651-134.178-5.10.4-

Private transportation

Go to web page with historical data for series CUURS49CSAT1
135.977-136.231-5.40.2-

New and used motor vehicles

Go to web page with historical data for series CUURS49CSETA
120.112-121.3102.11.0-

New vehicles

Go to web page with historical data for series CUURS49CSETA01
117.270-118.6114.61.1-

Used cars and trucks

Go to web page with historical data for series CUURS49CSETA02
135.310-145.319-3.37.4-

Motor fuel

Go to web page with historical data for series CUURS49CSETB
158.276158.682157.273-18.5-0.6-0.9

Gasoline (all types)

Go to web page with historical data for series CUURS49CSETB01
158.053158.559157.195-18.5-0.5-0.9

Gasoline, unleaded regular(1)

Go to web page with historical data for series CUURS49CSS47014
158.650159.152157.741-18.8-0.6-0.9

Gasoline, unleaded midgrade(1)

Go to web page with historical data for series CUURS49CSS47015
158.474159.005157.690-17.9-0.5-0.8

Gasoline, unleaded premium(1)

Go to web page with historical data for series CUURS49CSS47016
154.982155.503154.326-17.3-0.4-0.8

Medical care

Go to web page with historical data for series CUURS49CSAM
121.082-121.0234.40.0-

Recreation

Go to web page with historical data for series CUURS49CSAR
110.088-112.0455.21.8-

Education and communication

Go to web page with historical data for series CUURS49CSAE
109.990-109.155-0.9-0.8-

Tuition, other school fees, and child care

Go to web page with historical data for series CUURS49CSEEB
125.643-125.8984.60.2-

Other goods and services

Go to web page with historical data for series CUURS49CSAG
121.202-126.3055.74.2-

Commodity and service group

All items

Go to web page with historical data for series CUURS49CSA0
127.707-128.7683.90.8-

Commodities

Go to web page with historical data for series CUURS49CSAC
126.195-128.0840.21.5-

Commodities less food & beverages

Go to web page with historical data for series CUURS49CSACL11
123.427-125.566-3.41.7-

Nondurables less food & beverages

Go to web page with historical data for series CUURS49CSANL11
129.521-131.952-6.81.9-

Durables

Go to web page with historical data for series CUURS49CSAD
116.975-118.8350.51.6-

Services

Go to web page with historical data for series CUURS49CSAS
128.883-129.3626.40.4-

Special aggregate indexes

All items less medical care

Go to web page with historical data for series CUURS49CSA0L5
128.172-129.3113.90.9-

All items less shelter

Go to web page with historical data for series CUURS49CSA0L2
126.867-127.9821.70.9-

Commodities less food

Go to web page with historical data for series CUURS49CSACL1
123.054-125.156-3.41.7-

Nondurables

Go to web page with historical data for series CUURS49CSAN
130.463-132.3590.11.5-

Nondurables less food

Go to web page with historical data for series CUURS49CSANL1
128.548-130.890-6.61.8-

Services less rent of shelter

Go to web page with historical data for series CUURS49CSASL2RS
127.854-127.6564.0-0.2-

Services less medical care services

Go to web page with historical data for series CUURS49CSASL5
129.338-129.8606.70.4-

Energy

Go to web page with historical data for series CUURS49CSA0E
162.230160.545160.646-11.2-1.00.1

All items less energy

Go to web page with historical data for series CUURS49CSA0LE
124.805-126.0356.11.0-

All items less food and energy

Go to web page with historical data for series CUURS49CSA0L1E
123.597-124.7925.81.0-

Footnotes
(1) Special index based on a substantially smaller sample.

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

 

Last Modified Date: Tuesday, June 13, 2023