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News Release Information

24-1403-SAN
Thursday, July 11, 2024

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

Consumer Price Index, Seattle area — June 2024

Area prices were up 0.4 percent over the past two months, up 3.8 percent from a year ago

Prices in the Seattle area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.4 percent for the two months ending in June 2024, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the June 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 3.8 percent. (See chart 1 and table A.) Food prices increased 1.1 percent. Energy prices fell 1.7 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy rose 4.4 percent over the year. (See table 1.)

Food

Food prices decreased 0.5 percent for the two months ending in June. (See table 1.) Prices for food at home declined 1.8 percent, led by lower prices for dairy and related products (-3.6 percent) and cereals and bakery products (-3.5 percent). Prices for food away from home rose 1.7 percent for the same period.

Over the year, food prices increased 1.1 percent. Prices for food at home decreased 0.6 percent since a year ago, with lower prices in three of the six grocery categories. Prices for food away from home advanced 3.9 percent.

Energy

The energy index declined 0.2 percent for the two months ending in June. The decrease was mainly due to lower prices for gasoline (-4.8 percent). Prices for natural gas service increased 27.5 percent, and prices for electricity increased 1.7 percent for the same period.

Energy prices fell 1.7 percent over the year, largely due to lower prices for gasoline (-7.7 percent). Prices paid for electricity advanced 9.5 percent, and prices for natural gas service rose 7.0 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 0.5 percent in the latest two-month period. Higher prices for apparel (6.5 percent) and shelter (1.2 percent) were partially offset by lower prices for recreation (-2.0 percent) and household furnishings and operations (-1.1 percent).

Over the year, the index for all items less food and energy rose 4.4 percent. Components contributing to the increase included medical care (13.3 percent) and shelter (5.2 percent). Partly offsetting the increases were price decreases in new and used motor vehicles (-2.2 percent) and household furnishings and operations (-0.3 percent).

Table A. Seattle-Tacoma-Bellevue, WA, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month20202021202220232024
2-month12-month2-month12-month2-month12-month2-month12-month2-month12-month

February

1.02.51.21.71.78.11.48.01.24.3

April

-0.61.31.13.42.19.11.06.91.24.4

June

0.20.92.25.53.210.11.04.60.43.8

August

1.41.61.15.20.09.00.85.4

October

-0.12.11.16.51.08.90.44.8

December

-0.41.40.67.60.18.4-0.34.4

The August 2024 Consumer Price Index for the Seattle 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 Seattle-Tacoma-Bellevue, WA. metropolitan area covered in this release is comprised of King, Pierce, and Snohomish Counties in the State of Washington.

Information in this release will be made available to individuals with sensory impairments 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

Seattle-Tacoma-Bellevue, WA (1982-84=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Historical
data
Apr.
2024
May
2024
Jun.
2024
Jun.
2023
Apr.
2024
May
2024

Expenditure category

All items

Go to web page with historical data for series CUURS49DSA0
353.503-354.8243.80.4-

All items (1967=100)

Go to web page with historical data for series CUURS49DAA0
1,077.614-1,081.641---

Food and beverages

Go to web page with historical data for series CUURS49DSAF
361.464-359.7591.4-0.5-

Food

Go to web page with historical data for series CUURS49DSAF1
363.183-361.4281.1-0.5-

Food at home

Go to web page with historical data for series CUURS49DSAF11
324.107317.857318.391-0.6-1.80.2

Cereals and bakery products

Go to web page with historical data for series CUURS49DSAF111
403.855401.074389.7182.2-3.5-2.8

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS49DSAF112
290.037290.357289.5872.0-0.2-0.3

Dairy and related products

Go to web page with historical data for series CUURS49DSEFJ
291.910281.918281.278-1.1-3.6-0.2

Fruits and vegetables

Go to web page with historical data for series CUURS49DSAF113
509.577501.155493.7260.6-3.1-1.5

Nonalcoholic beverages and beverage materials(1)

Go to web page with historical data for series CUURS49DSAF114
409.145389.167407.658-2.1-0.44.8

Other food at home

Go to web page with historical data for series CUURS49DSAF115
246.634240.278244.463-3.2-0.91.7

Food away from home

Go to web page with historical data for series CUURS49DSEFV
424.932-431.9653.91.7-

Alcoholic beverages

Go to web page with historical data for series CUURS49DSAF116
333.192-332.0105.5-0.4-

Housing

Go to web page with historical data for series CUURS49DSAH
422.864-428.0714.91.2-

Shelter

Go to web page with historical data for series CUURS49DSAH1
486.764489.427492.4175.21.20.6

Rent of primary residence(2)

Go to web page with historical data for series CUURS49DSEHA
491.994494.025496.0985.00.80.4

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

Go to web page with historical data for series CUURS49DSEHC
511.503514.001516.2205.80.90.4

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

Go to web page with historical data for series CUURS49DSEHC01
511.503514.001516.2205.80.90.4

Fuels and utilities

Go to web page with historical data for series CUURS49DSAH2
339.154-355.4037.74.8-

Household energy

Go to web page with historical data for series CUURS49DSAH21
301.420318.479322.2057.76.91.2

Energy services(2)

Go to web page with historical data for series CUURS49DSEHF
354.834376.072380.5358.27.21.2

Electricity(2)

Go to web page with historical data for series CUURS49DSEHF01
390.988397.371397.6269.51.70.1

Utility (piped) gas service(2)

Go to web page with historical data for series CUURS49DSEHF02
198.832242.296253.4417.027.54.6

Household furnishings and operations

Go to web page with historical data for series CUURS49DSAH3
230.900-228.289-0.3-1.1-

Apparel

Go to web page with historical data for series CUURS49DSAA
131.841-140.4615.66.5-

Transportation

Go to web page with historical data for series CUURS49DSAT
309.048-306.3832.0-0.9-

Private transportation

Go to web page with historical data for series CUURS49DSAT1
323.430-321.3482.2-0.6-

New and used motor vehicles(4)

Go to web page with historical data for series CUURS49DSETA
124.157-125.293-2.20.9-

New vehicles(1)

Go to web page with historical data for series CUURS49DSETA01
224.721-225.1590.00.2-

Used cars and trucks(1)

Go to web page with historical data for series CUURS49DSETA02
409.478-410.204-11.10.2-

Motor fuel

Go to web page with historical data for series CUURS49DSETB
524.752523.994499.570-7.6-4.8-4.7

Gasoline (all types)

Go to web page with historical data for series CUURS49DSETB01
535.293534.783509.617-7.7-4.8-4.7

Gasoline, unleaded regular(4)

Go to web page with historical data for series CUURS49DSS47014
579.004578.343550.328-8.2-5.0-4.8

Gasoline, unleaded midgrade(4)(5)

Go to web page with historical data for series CUURS49DSS47015
425.400425.006406.769-6.4-4.4-4.3

Gasoline, unleaded premium(4)

Go to web page with historical data for series CUURS49DSS47016
499.356499.223478.123-5.8-4.3-4.2

Medical care

Go to web page with historical data for series CUURS49DSAM
488.025-485.16913.3-0.6-

Recreation(6)

Go to web page with historical data for series CUURS49DSAR
124.379-121.857-0.1-2.0-

Education and communication(6)

Go to web page with historical data for series CUURS49DSAE
148.552-148.3160.8-0.2-

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

Go to web page with historical data for series CUURS49DSEEB
------

Other goods and services

Go to web page with historical data for series CUURS49DSAG
527.206-537.2535.41.9-

Commodity and service group

All items

Go to web page with historical data for series CUURS49DSA0
353.503-354.8243.80.4-

Commodities

Go to web page with historical data for series CUURS49DSAC
246.024-243.958-0.8-0.8-

Commodities less food & beverages

Go to web page with historical data for series CUURS49DSACL11
192.197-190.186-2.1-1.0-

Nondurables less food & beverages

Go to web page with historical data for series CUURS49DSANL11
234.562-233.8471.0-0.3-

Durables

Go to web page with historical data for series CUURS49DSAD
152.479-149.894-4.6-1.7-

Services

Go to web page with historical data for series CUURS49DSAS
453.781-458.1046.51.0-

Special aggregate indexes

All items less medical care

Go to web page with historical data for series CUURS49DSA0L5
347.676-349.2393.30.4-

All items less shelter

Go to web page with historical data for series CUURS49DSA0L2
302.164-301.6143.0-0.2-

Commodities less food

Go to web page with historical data for series CUURS49DSACL1
197.457-195.455-1.7-1.0-

Nondurables

Go to web page with historical data for series CUURS49DSAN
295.899-294.7281.3-0.4-

Nondurables less food

Go to web page with historical data for series CUURS49DSANL1
242.751-241.9991.4-0.3-

Services less rent of shelter(3)

Go to web page with historical data for series CUURS49DSASL2RS
424.901-427.5318.50.6-

Services less medical care services

Go to web page with historical data for series CUURS49DSASL5
446.966-451.6626.01.1-

Energy

Go to web page with historical data for series CUURS49DSA0E
422.431431.512421.686-1.7-0.2-2.3

All items less energy

Go to web page with historical data for series CUURS49DSA0LE
353.626-355.0614.00.4-

All items less food and energy

Go to web page with historical data for series CUURS49DSA0L1E
351.879-353.7014.40.5-

Footnotes
(1) Indexes on a November 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: Thursday, July 11, 2024