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17-1650-SAN
Wednesday, December 13, 2017

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Consumer Price Index, Los Angeles area — November 2017

Area prices were up 0.1 percent over the past month, up 3.6 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), edged up 0.1 percent in November, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the November increase was influenced by higher prices for gasoline. (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 advanced 3.6 percent. (See chart 1 and table A.) Energy prices advanced 6.9 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy increased 3.5 percent over the year. (See table 1.)

Food

Food prices rose 0.2 percent for the month of November. (See table 1.) Prices for food at home and prices for food away from home both increased 0.2 percent for the month.

Over the year, food prices advanced 2.2 percent. Prices for food away from home moved up 4.7 percent since a year ago, and prices for food at home rose 0.3 percent.

Energy

The energy index advanced 1.9 percent over the month. The increase was mainly due to higher prices for gasoline (5.6 percent). Prices for natural gas service fell 13.3 percent, and prices for electricity decreased 0.2 percent for the same period.

Energy prices advanced 6.9 percent over the year, largely due to higher prices for gasoline (15.0 percent). Prices paid for natural gas service decreased 7.6 percent, and prices for electricity moved down 2.6 percent during the past year.

All items less food and energy

The index for all items less food and energy edged down 0.1 percent in November. Lower prices for apparel (-4.2 percent) and household furnishings and operations (-1.3 percent) were partially offset by higher prices for education and communication (0.1 percent) and medical care (0.1 percent).

Over the year, the index for all items less food and energy increased 3.5 percent. Components contributing to the increase included other goods and services (5.2 percent) and shelter (4.4 percent). Partly offsetting the increases was a decline in apparel prices (-2.6 percent).

Table A. Los Angeles-Riverside-Orange County CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2012 2013 2014 2015 2016 2017
Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual

January

0.8 2.1 0.8 2.0 0.5 0.8 -0.3 -0.1 0.7 3.1 0.9 2.1

February

0.5 2.1 0.7 2.2 0.5 0.5 0.7 0.1 0.0 2.4 0.6 2.7

March

1.0 2.0 0.1 1.3 0.6 1.0 1.0 0.5 0.3 1.7 0.3 2.7

April

0.0 1.5 -0.4 0.9 0.0 1.4 -0.1 0.5 0.2 2.0 0.2 2.7

May

0.1 1.6 0.1 1.0 0.4 1.7 1.0 1.1 0.5 1.4 0.3 2.5

June

-0.4 1.6 -0.1 1.4 0.1 1.8 -0.3 0.8 0.1 1.8 -0.2 2.2

July

-0.1 1.9 -0.1 1.3 0.1 2.0 0.7 1.4 0.0 1.1 0.3 2.5

August

0.6 2.3 0.1 0.8 -0.1 1.8 -0.3 1.1 0.0 1.4 0.3 2.8

September

0.4 2.2 0.2 0.6 0.0 1.7 -0.4 0.7 0.2 1.9 0.4 3.1

October

0.8 3.0 0.1 -0.1 -0.1 1.4 0.2 1.0 0.4 2.2 0.4 3.1

November

-1.0 2.1 -0.5 0.4 -0.7 1.3 0.0 1.6 -0.4 1.8 0.1 3.6

December

-0.7 1.9 0.0 1.1 -0.5 0.7 -0.1 2.0 0.0 2.0    

The December 2017 Consumer Price Index for the Los Angeles-Riverside-Orange County is scheduled to be released on January 12, 2018.

Consumer Price Index Geographic Revision for 2018

In January 2018, BLS will introduce a new geographic area sample for the Consumer Price Index (CPI). As part of the new sample, Los Angeles and Riverside will have separate indexes. The first indexes using the new structure will be published in February 2018. Additional information on the geographic revision is available at: www.bls.gov/cpi/georevision2018.htm.


Technical Note

The Consumer Price Index (CPI) is a measure 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 89 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 28 percent of the total 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 87 urban areas across the country from about 6,000 housing units and approximately 24,000 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 (1982-84) that equals 100.0. An increase of 16.5 percent, for example, is shown as 116.5. This change can also be expressed in dollars as follows: the price of a base period "market basket" of goods and services in the CPI has risen from $10 in 1982-84 to $11.65. For further details see the CPI home page on the Internet at www.bls.gov/cpi and the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available on the Internet at www.bls.gov/opub/hom/homch17_a.htm.

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-Riverside-Orange County, CA. metropolitan area covered in this release is comprised of Los Angeles, Orange, Riverside, San Bernardino, and Ventura Counties in the State of 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

Los Angeles-Riverside-Orange County, CA (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Sep.
2017
Oct.
2017
Nov.
2017
Nov.
2016
Sep.
2017
Oct.
2017

Expenditure category

 
 

All items

257.890 258.883 259.135 3.6 0.5 0.1

All items (1967=100)

761.921 764.857 765.598 - - -

Food and beverages

256.658 255.959 256.382 2.2 -0.1 0.2

Food

257.052 256.111 256.505 2.2 -0.2 0.2

Food at home

255.460 253.154 253.543 0.3 -0.8 0.2

Food away from home

255.150 255.903 256.297 4.7 0.4 0.2

Alcoholic beverages

235.761 238.576 239.398 0.9 1.5 0.3

Housing

289.765 292.390 291.580 3.6 0.6 -0.3

Shelter

333.103 335.768 335.881 4.4 0.8 0.0

Rent of primary residence(1)

351.705 353.494 355.126 4.9 1.0 0.5

Owners' equiv. rent of residences(1)(2)

346.413 347.802 349.187 4.4 0.8 0.4

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

346.393 347.782 349.168 4.4 0.8 0.4

Fuels and utilities

305.195 311.873 304.861 -0.1 -0.1 -2.2

Household energy

261.575 270.310 261.185 -3.7 -0.1 -3.4

Energy services(1)

260.165 269.104 259.764 -3.8 -0.2 -3.5

Electricity(1)

290.669 305.746 305.281 -2.6 5.0 -0.2

Utility (piped) gas service(1)

234.905 231.530 200.677 -7.6 -14.6 -13.3

Household furnishings and operations

115.323 116.083 114.541 -0.1 -0.7 -1.3

Apparel

106.412 108.180 103.689 -2.6 -2.6 -4.2

Transportation

201.216 199.790 204.715 7.5 1.7 2.5

Private transportation

197.983 195.800 200.934 8.3 1.5 2.6

Motor fuel

242.911 235.084 248.485 15.1 2.3 5.7

Gasoline (all types)

237.612 229.829 242.785 15.0 2.2 5.6

Gasoline, unleaded regular(3)

238.002 229.964 243.118 15.1 2.1 5.7

Gasoline, unleaded midgrade(3)(4)

228.143 222.150 233.178 14.5 2.2 5.0

Gasoline, unleaded premium(3)

227.211 220.764 232.503 14.6 2.3 5.3

Medical care

476.051 476.461 476.833 2.9 0.2 0.1

Recreation(5)

107.941 108.214 108.176 2.7 0.2 0.0

Education and communication(5)

144.088 144.561 144.767 1.9 0.5 0.1

Other goods and services

416.085 415.032 413.485 5.2 -0.6 -0.4
 

Commodity and service group

 
 

All items

257.890 258.883 259.135 3.6 0.5 0.1

Commodities

177.703 177.190 177.916 3.3 0.1 0.4

Commodities less food & beverages

136.491 136.079 136.892 4.1 0.3 0.6

Nondurables less food & beverages

181.027 180.167 181.792 6.1 0.4 0.9

Durables

92.806 92.836 92.847 0.5 0.0 0.0

Services

329.259 331.604 331.427 3.7 0.7 -0.1
 

Special aggregate indexes

 
 

All items less medical care

248.445 249.457 249.702 3.6 0.5 0.1

All items less shelter

224.951 225.188 225.503 3.0 0.2 0.1

Commodities less food

140.804 140.471 141.294 4.0 0.3 0.6

Nondurables

219.879 219.074 220.181 4.0 0.1 0.5

Nondurables less food

186.488 185.805 187.412 5.7 0.5 0.9

Services less rent of shelter(2)

332.833 334.750 334.144 2.7 0.4 -0.2

Services less medical care services

316.929 319.365 319.211 3.9 0.7 0.0

Energy

250.977 249.477 254.283 6.9 1.3 1.9

All items less energy

260.370 261.559 261.468 3.3 0.4 0.0

All items less food and energy

261.277 262.829 262.656 3.5 0.5 -0.1

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Index is on a December 1982=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) 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, December 13, 2017