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News Release Information

24-1707-SAN
Wednesday, August 14, 2024

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

Consumer Price Index, Los Angeles area — July 2024

Area prices were up 0.2 percent over the past month, up 3.4 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 0.2 percent in July, 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, month-to-month changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U rose 3.4 percent. (See chart 1 and table A.) Food prices rose 2.2 percent. Energy prices fell 3.8 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy increased 4.2 percent over the year. (See table 1.)

Food

Food prices decreased 0.1 percent for the month of July. (See table 1.) Prices for food at home declined 0.5 percent, with lower prices in five of the six grocery categories. Prices for food away from home advanced 0.2 percent for the same period.

Over the year, food prices rose 2.2 percent. Prices for food at home decreased 0.1 percent since a year ago, led by lower prices for fruits and vegetables (-3.5 percent). Prices for food away from home advanced 5.0 percent.

Energy

The energy index decreased 0.9 percent over the month. The decrease was mainly due to lower prices for gasoline (-3.0 percent). Prices for natural gas service advanced 3.4 percent, and prices for electricity increased 1.7 percent for the same period.

Energy prices fell 3.8 percent over the year, largely due to lower prices for gasoline (-5.6 percent). Prices paid for natural gas service moved down 8.3 percent, while prices for electricity rose 0.7 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 0.3 percent in July. Higher prices for medical care (1.3 percent) and shelter (0.5 percent) were partially offset by lower prices for apparel (-1.6 percent) and household furnishings and operations (-1.0 percent).

Over the year, the index for all items less food and energy increased 4.2 percent. Components contributing to the increase included medical care (6.4 percent) and shelter (5.6 percent). Partly offsetting the increases were price decreases in new and used motor vehicles (-3.1 percent) and household furnishings and operations (-2.5 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

0.51.40.64.01.18.60.52.5-0.23.2

July

0.61.90.63.9-0.27.70.02.70.23.4

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 August 2024 Consumer Price Index for the Los Angeles area is scheduled to be released on September 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
May
2024
Jun.
2024
Jul.
2024
Jul.
2023
May
2024
Jun.
2024

Expenditure category

All items

Go to web page with historical data for series CUURS49ASA0
332.956332.357332.9283.40.00.2

All items (1967=100)

Go to web page with historical data for series CUURS49AAA0
983.700981.930983.616---

Food and beverages

Go to web page with historical data for series CUURS49ASAF
338.302337.624337.1272.1-0.3-0.1

Food

Go to web page with historical data for series CUURS49ASAF1
340.783340.124339.6512.2-0.3-0.1

Food at home

Go to web page with historical data for series CUURS49ASAF11
324.389320.069318.628-0.1-1.8-0.5

Cereals and bakery products

Go to web page with historical data for series CUURS49ASAF111
343.760342.228341.760-2.4-0.6-0.1

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS49ASAF112
358.451356.286355.2844.2-0.9-0.3

Dairy and related products

Go to web page with historical data for series CUURS49ASEFJ
297.772292.577300.092-0.30.82.6

Fruits and vegetables

Go to web page with historical data for series CUURS49ASAF113
424.752405.043404.396-3.5-4.8-0.2

Nonalcoholic beverages and beverage materials(1)

Go to web page with historical data for series CUURS49ASAF114
306.517300.753294.232-3.3-4.0-2.2

Other food at home

Go to web page with historical data for series CUURS49ASAF115
264.576266.007263.1741.3-0.5-1.1

Food away from home

Go to web page with historical data for series CUURS49ASEFV
354.603358.065358.6865.01.20.2

Alcoholic beverages

Go to web page with historical data for series CUURS49ASAF116
281.818280.885280.061-0.1-0.6-0.3

Housing

Go to web page with historical data for series CUURS49ASAH
381.402382.279384.5594.80.80.6

Shelter

Go to web page with historical data for series CUURS49ASAH1
438.671440.257442.4905.60.90.5

Rent of primary residence(2)

Go to web page with historical data for series CUURS49ASEHA
462.776464.130467.9905.21.10.8

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

Go to web page with historical data for series CUURS49ASEHC
454.458456.384459.0865.91.00.6

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

Go to web page with historical data for series CUURS49ASEHC01
454.432456.357459.0605.91.00.6

Fuels and utilities

Go to web page with historical data for series CUURS49ASAH2
473.671466.055482.3833.41.83.5

Household energy

Go to web page with historical data for series CUURS49ASAH21
416.045406.695415.012-1.3-0.22.0

Energy services(2)

Go to web page with historical data for series CUURS49ASEHF
414.487405.123413.420-1.3-0.32.0

Electricity(2)

Go to web page with historical data for series CUURS49ASEHF01
498.493482.766490.7580.7-1.61.7

Utility (piped) gas service(2)

Go to web page with historical data for series CUURS49ASEHF02
283.320286.096295.848-8.34.43.4

Household furnishings and operations

Go to web page with historical data for series CUURS49ASAH3
129.515130.103128.799-2.5-0.6-1.0

Apparel

Go to web page with historical data for series CUURS49ASAA
122.459120.005118.0440.9-3.6-1.6

Transportation

Go to web page with historical data for series CUURS49ASAT
278.824272.825269.5711.7-3.3-1.2

Private transportation

Go to web page with historical data for series CUURS49ASAT1
278.512274.080272.0881.7-2.3-0.7

New and used motor vehicles(4)

Go to web page with historical data for series CUURS49ASETA
111.381110.129110.712-3.1-0.60.5

New vehicles(1)

Go to web page with historical data for series CUURS49ASETA01
191.985191.809191.569-2.5-0.2-0.1

Used cars and trucks(1)

Go to web page with historical data for series CUURS49ASETA02
348.271348.984344.608-10.6-1.1-1.3

Motor fuel

Go to web page with historical data for series CUURS49ASETB
391.911365.320354.443-5.6-9.6-3.0

Gasoline (all types)

Go to web page with historical data for series CUURS49ASETB01
382.348356.202345.473-5.6-9.6-3.0

Gasoline, unleaded regular(4)

Go to web page with historical data for series CUURS49ASS47014
383.079356.433345.558-5.8-9.8-3.1

Gasoline, unleaded midgrade(4)(5)

Go to web page with historical data for series CUURS49ASS47015
365.426341.277331.239-5.4-9.4-2.9

Gasoline, unleaded premium(4)

Go to web page with historical data for series CUURS49ASS47016
366.493342.954333.101-5.0-9.1-2.9

Medical care

Go to web page with historical data for series CUURS49ASAM
578.777585.589592.9696.42.51.3

Recreation(6)

Go to web page with historical data for series CUURS49ASAR
120.891121.191121.592-2.30.60.3

Education and communication(6)

Go to web page with historical data for series CUURS49ASAE
159.971160.716160.7332.30.50.0

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

Go to web page with historical data for series CUURS49ASEEB
2,297.1712,311.7112,316.7803.40.90.2

Other goods and services

Go to web page with historical data for series CUURS49ASAG
542.404538.631540.0205.3-0.40.3

Commodity and service group

All items

Go to web page with historical data for series CUURS49ASA0
332.956332.357332.9283.40.00.2

Commodities

Go to web page with historical data for series CUURS49ASAC
219.639217.773216.573-0.9-1.4-0.6

Commodities less food & beverages

Go to web page with historical data for series CUURS49ASACL11
161.133158.871157.442-2.8-2.3-0.9

Nondurables less food & beverages

Go to web page with historical data for series CUURS49ASANL11
229.122222.781220.300-2.1-3.9-1.1

Durables

Go to web page with historical data for series CUURS49ASAD
99.770100.10999.474-3.8-0.3-0.6

Services

Go to web page with historical data for series CUURS49ASAS
433.914434.542436.7965.70.70.5

Special aggregate indexes

All items less medical care

Go to web page with historical data for series CUURS49ASA0L5
322.161321.292321.6093.2-0.20.1

All items less shelter

Go to web page with historical data for series CUURS49ASA0L2
286.127284.481284.2661.9-0.7-0.1

Commodities less food

Go to web page with historical data for series CUURS49ASACL1
166.396164.135162.700-2.7-2.2-0.9

Nondurables

Go to web page with historical data for series CUURS49ASAN
284.811281.339279.8640.2-1.7-0.5

Nondurables less food

Go to web page with historical data for series CUURS49ASANL1
235.364229.262226.847-2.0-3.6-1.1

Services less rent of shelter(3)

Go to web page with historical data for series CUURS49ASASL2RS
439.147438.195440.5275.80.30.5

Services less medical care services

Go to web page with historical data for series CUURS49ASASL5
419.464419.824421.7105.60.50.4

Energy

Go to web page with historical data for series CUURS49ASA0E
404.015384.090380.754-3.8-5.8-0.9

All items less energy

Go to web page with historical data for series CUURS49ASA0LE
330.905331.310332.0873.90.40.2

All items less food and energy

Go to web page with historical data for series CUURS49ASA0L1E
329.313329.903330.8974.20.50.3

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, August 14, 2024