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News Release Information

24-1157-SAN
Wednesday, June 12, 2024

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

Consumer Price Index, Los Angeles area — May 2024

Area prices were up 0.1 percent over the past month, up 3.9 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.1 percent in May, 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, month-to-month changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U increased 3.9 percent. (See chart 1 and table A.) Food prices rose 3.7 percent. Energy prices advanced 5.3 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy advanced 3.8 percent over the year. (See table 1.)

Food

Food prices rose 0.2 percent for the month of May. (See table 1.) Prices for food at home increased 0.6 percent, with higher prices in three of the six grocery categories. Prices for food away from home declined 0.2 percent for the same period.

Over the year, food prices rose 3.7 percent. Prices for food at home increased 3.2 percent since a year ago, led by higher prices for meats, poultry, fish, and eggs (8.9 percent). Prices for food away from home increased 4.4 percent.

Energy

The energy index fell 1.1 percent over the month. The decrease was mainly due to lower prices for gasoline (-2.9 percent). Prices for natural gas service advanced 8.7 percent, while prices for electricity were unchanged for the same period.

Energy prices advanced 5.3 percent over the year, largely due to higher prices for gasoline (6.7 percent). Prices paid for electricity increased 6.5 percent, while prices for natural gas service declined 8.1 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 0.2 percent in May. Higher prices for medical care (0.6 percent) and shelter (0.4 percent) were partially offset by lower prices for recreation (-1.8 percent) and household furnishings and operations (-1.3 percent).

Over the year, the index for all items less food and energy advanced 3.8 percent. Components contributing to the increase included shelter (5.5 percent) and medical care (4.0 percent). Partly offsetting the increases were price decreases in new and used motor vehicles (-2.0 percent), recreation (-1.8 percent), and household furnishings and operations (-1.6 percent).

Table A. Los Angeles-Long Beach-Anaheim, CA, CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month20202021202220232024
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.83.10.20.91.17.51.95.81.02.5

February

0.33.40.41.00.37.4-0.35.10.53.4

March

-0.71.90.52.21.58.50.13.70.74.0

April

-0.30.71.13.60.57.90.73.80.63.9

May

0.40.90.63.90.88.00.13.20.13.9

June

0.51.40.64.01.18.60.52.5

July

0.61.90.63.9-0.27.70.02.7

August

0.12.00.24.00.17.60.73.3

September

-0.31.20.34.60.57.80.33.2

October

0.20.70.95.40.67.5-0.12.4

November

0.11.00.66.0-0.86.0-0.42.8

December

-0.21.50.46.6-0.64.90.03.5

The June 2024 Consumer Price Index for the Los Angeles area is scheduled to be released on July 11, 2024.


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 Los Angeles-Long Beach-Anaheim, CA metropolitan area includes Los Angeles and Orange Counties in California.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; Telecommunications Relay Service: 7-1-1.

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-
Historical
data
Mar.
2024
Apr.
2024
May
2024
May
2023
Mar.
2024
Apr.
2024

Expenditure category

All items

Go to web page with historical data for series CUURS49ASA0
330.671332.572332.9563.90.70.1

All items (1967=100)

Go to web page with historical data for series CUURS49AAA0
976.949982.566983.700---

Food and beverages

Go to web page with historical data for series CUURS49ASAF
334.781337.613338.3023.41.10.2

Food

Go to web page with historical data for series CUURS49ASAF1
337.171340.092340.7833.71.10.2

Food at home

Go to web page with historical data for series CUURS49ASAF11
322.081322.600324.3893.20.70.6

Cereals and bakery products

Go to web page with historical data for series CUURS49ASAF111
348.307346.088343.760-0.2-1.3-0.7

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS49ASAF112
351.201354.902358.4518.92.11.0

Dairy and related products

Go to web page with historical data for series CUURS49ASEFJ
301.916299.095297.772-2.6-1.4-0.4

Fruits and vegetables

Go to web page with historical data for series CUURS49ASAF113
417.339420.401424.7522.21.81.0

Nonalcoholic beverages and beverage materials(1)

Go to web page with historical data for series CUURS49ASAF114
308.188307.748306.5173.5-0.5-0.4

Other food at home

Go to web page with historical data for series CUURS49ASAF115
261.826261.428264.5762.61.11.2

Food away from home

Go to web page with historical data for series CUURS49ASEFV
349.575355.156354.6034.41.4-0.2

Alcoholic beverages

Go to web page with historical data for series CUURS49ASAF116
279.886281.200281.818-0.60.70.2

Housing

Go to web page with historical data for series CUURS49ASAH
379.848380.319381.4024.80.40.3

Shelter

Go to web page with historical data for series CUURS49ASAH1
435.247437.090438.6715.50.80.4

Rent of primary residence(2)

Go to web page with historical data for series CUURS49ASEHA
458.184460.739462.7764.71.00.4

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

Go to web page with historical data for series CUURS49ASEHC
452.337454.312454.4585.60.50.0

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

Go to web page with historical data for series CUURS49ASEHC01
452.311454.286454.4325.60.50.0

Fuels and utilities

Go to web page with historical data for series CUURS49ASAH2
483.838468.149473.6713.9-2.11.2

Household energy

Go to web page with historical data for series CUURS49ASAH21
428.805409.116416.0453.2-3.01.7

Energy services(2)

Go to web page with historical data for series CUURS49ASEHF
427.220407.423414.4873.2-3.01.7

Electricity(2)

Go to web page with historical data for series CUURS49ASEHF01
506.647498.648498.4936.5-1.60.0

Utility (piped) gas service(2)

Go to web page with historical data for series CUURS49ASEHF02
306.737260.717283.320-8.1-7.68.7

Household furnishings and operations

Go to web page with historical data for series CUURS49ASAH3
131.272131.252129.515-1.6-1.3-1.3

Apparel

Go to web page with historical data for series CUURS49ASAA
124.614123.045122.4591.5-1.7-0.5

Transportation

Go to web page with historical data for series CUURS49ASAT
273.722280.141278.8245.51.9-0.5

Private transportation

Go to web page with historical data for series CUURS49ASAT1
274.883280.347278.5125.01.3-0.7

New and used motor vehicles(4)

Go to web page with historical data for series CUURS49ASETA
111.055110.866111.381-2.00.30.5

New vehicles(1)

Go to web page with historical data for series CUURS49ASETA01
192.873192.628191.985-2.2-0.5-0.3

Used cars and trucks(1)

Go to web page with historical data for series CUURS49ASETA02
346.106346.094348.271-8.80.60.6

Motor fuel

Go to web page with historical data for series CUURS49ASETB
376.610403.464391.9116.64.1-2.9

Gasoline (all types)

Go to web page with historical data for series CUURS49ASETB01
367.031393.569382.3486.74.2-2.9

Gasoline, unleaded regular(4)

Go to web page with historical data for series CUURS49ASS47014
367.668394.624383.0796.84.2-2.9

Gasoline, unleaded midgrade(4)(5)

Go to web page with historical data for series CUURS49ASS47015
350.968375.568365.4266.54.1-2.7

Gasoline, unleaded premium(4)

Go to web page with historical data for series CUURS49ASS47016
352.023376.231366.4936.74.1-2.6

Medical care

Go to web page with historical data for series CUURS49ASAM
570.845575.116578.7774.01.40.6

Recreation(6)

Go to web page with historical data for series CUURS49ASAR
122.603123.111120.891-1.8-1.4-1.8

Education and communication(6)

Go to web page with historical data for series CUURS49ASAE
159.727159.468159.9711.70.20.3

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

Go to web page with historical data for series CUURS49ASEEB
2,286.2622,283.8712,297.1712.80.50.6

Other goods and services

Go to web page with historical data for series CUURS49ASAG
529.482535.089542.4041.52.41.4

Commodity and service group

All items

Go to web page with historical data for series CUURS49ASA0
330.671332.572332.9563.90.70.1

Commodities

Go to web page with historical data for series CUURS49ASAC
218.184220.459219.6391.00.7-0.4

Commodities less food & beverages

Go to web page with historical data for series CUURS49ASACL11
160.586162.528161.133-0.40.3-0.9

Nondurables less food & beverages

Go to web page with historical data for series CUURS49ASANL11
226.103231.787229.1222.01.3-1.1

Durables

Go to web page with historical data for series CUURS49ASAD
100.678100.25499.770-3.4-0.9-0.5

Services

Go to web page with historical data for series CUURS49ASAS
430.886432.386433.9145.40.70.4

Special aggregate indexes

All items less medical care

Go to web page with historical data for series CUURS49ASA0L5
320.097321.901322.1613.90.60.1

All items less shelter

Go to web page with historical data for series CUURS49ASA0L2
284.361286.310286.1272.80.6-0.1

Commodities less food

Go to web page with historical data for series CUURS49ASACL1
165.807167.762166.396-0.40.4-0.8

Nondurables

Go to web page with historical data for series CUURS49ASAN
281.534285.776284.8112.71.2-0.3

Nondurables less food

Go to web page with historical data for series CUURS49ASANL1
232.370237.869235.3641.81.3-1.1

Services less rent of shelter(3)

Go to web page with historical data for series CUURS49ASASL2RS
436.505437.676439.1475.40.60.3

Services less medical care services

Go to web page with historical data for series CUURS49ASASL5
416.579417.923419.4645.50.70.4

Energy

Go to web page with historical data for series CUURS49ASA0E
399.743408.314404.0155.31.1-1.1

All items less energy

Go to web page with historical data for series CUURS49ASA0LE
328.712330.275330.9053.80.70.2

All items less food and energy

Go to web page with historical data for series CUURS49ASA0L1E
327.366328.694329.3133.80.60.2

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: Wednesday, June 12, 2024