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16-2337-SAN
Thursday, December 15, 2016

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Consumer Price Index, Los Angeles area — November 2016

Area prices were down 0.4 percent over the past month, up 1.8 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), decreased 0.4 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 decrease was influenced by lower prices for apparel and natural gas service. (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 1.8 percent. (See chart 1 and table A.) Energy prices advanced 1.4 percent, largely the result of an increase in the price of electricity. The index for all items less food and energy rose 2.3 percent over the year. (See table 1.)

Food

Food prices decreased 0.4 percent for the month of November. (See table 1.) Prices for food at home decreased 0.7 percent, while prices for food away from home were unchanged for the same period.

Over the year, food prices decreased 0.4 percent. Prices for food at home declined 2.9 percent since a year ago, but prices for food away from home increased 2.9 percent.

Energy

The energy index decreased 1.4 percent over the month. The decrease was mainly due to lower prices for natural gas service (-12.2 percent). Prices for both electricity and gasoline edged down 0.1 percent in November.

Energy prices advanced 1.4 percent over the year, largely due to higher prices for electricity (4.2 percent) and natural gas service (10.7 percent). Prices for gasoline declined 1.9 percent during the past year.

All items less food and energy

The index for all items less food and energy decreased 0.3 percent in November. Lower prices for apparel (-4.9 percent) and recreation (-1.5 percent) were partially offset by higher prices for other goods and services (0.4 percent) and shelter (0.3 percent).

Over the year, the index for all items less food and energy rose 2.3 percent. Components contributing to the increase included shelter (5.0 percent) and medical care (4.6 percent). Partly offsetting the increases were price declines in apparel (-3.9 percent) and education and communication (-3.4 percent).

Table A. Los Angeles-Riverside-Orange County CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2011 2012 2013 2014 2015 2016
Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual

January

0.9 1.8 0.8 2.1 0.8 2.0 0.5 0.8 -0.3 -0.1 0.7 3.1

February

0.5 2.3 0.5 2.1 0.7 2.2 0.5 0.5 0.7 0.1 0.0 2.4

March

1.1 3.0 1.0 2.0 0.1 1.3 0.6 1.0 1.0 0.5 0.3 1.7

April

0.5 3.3 0.0 1.5 -0.4 0.9 0.0 1.4 -0.1 0.5 0.2 2.0

May

0.0 3.1 0.1 1.6 0.1 1.0 0.4 1.7 1.0 1.1 0.5 1.4

June

-0.4 2.9 -0.4 1.6 -0.1 1.4 0.1 1.8 -0.3 0.8 0.1 1.8

July

-0.4 2.4 -0.1 1.9 -0.1 1.3 0.1 2.0 0.7 1.4 0.0 1.1

August

0.2 2.4 0.6 2.3 0.1 0.8 -0.1 1.8 -0.3 1.1 0.0 1.4

September

0.5 3.1 0.4 2.2 0.2 0.6 0.0 1.7 -0.4 0.7 0.2 1.9

October

0.0 2.8 0.8 3.0 0.1 -0.1 -0.1 1.4 0.2 1.0 0.4 2.2

November

-0.1 3.0 -1.0 2.1 -0.5 0.4 -0.7 1.3 0.0 1.6 -0.4 1.8

December

-0.5 2.2 -0.7 1.9 0.0 1.1 -0.5 0.7 -0.1 2.0    

The December 2016 Consumer Price Index for the Los Angeles-Riverside-Orange County is scheduled to be released on January 18, 2017.


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.
2016
Oct.
2016
Nov.
2016
Nov.
2015
Sep.
2016
Oct.
2016

Expenditure category

 
 

All items

250.145 251.098 250.185 1.8 0.0 -0.4

All items (1967=100)

739.038 741.855 739.156 - - -

Food and beverages

250.958 251.982 250.967 -0.3 0.0 -0.4

Food

250.961 251.921 250.881 -0.4 0.0 -0.4

Food at home

253.368 254.659 252.772 -2.9 -0.2 -0.7

Food away from home

244.226 244.766 244.783 2.9 0.2 0.0

Alcoholic beverages

236.018 237.906 237.315 1.7 0.5 -0.2

Housing

280.005 281.615 281.400 4.5 0.5 -0.1

Shelter

319.854 320.795 321.725 5.0 0.6 0.3

Rent of primary residence(1)

335.004 337.209 338.473 5.2 1.0 0.4

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

331.993 332.914 334.484 5.0 0.8 0.5

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

331.974 332.895 334.464 5.0 0.8 0.5

Fuels and utilities

303.548 312.131 305.275 4.9 0.6 -2.2

Household energy

269.105 280.018 271.088 5.8 0.7 -3.2

Energy services(1)

267.998 279.015 269.989 5.9 0.7 -3.2

Electricity(1)

297.144 313.726 313.478 4.2 5.5 -0.1

Utility (piped) gas service(1)

247.095 247.433 217.163 10.7 -12.1 -12.2

Household furnishings and operations

115.082 116.212 114.632 0.2 -0.4 -1.4

Apparel

112.048 111.876 106.406 -3.9 -5.0 -4.9

Transportation

189.650 190.597 190.463 -1.1 0.4 -0.1

Private transportation

185.094 186.098 185.474 -0.7 0.2 -0.3

Motor fuel

212.508 215.917 215.875 -1.8 1.6 0.0

Gasoline (all types)

207.870 211.196 211.089 -1.9 1.5 -0.1

Gasoline, unleaded regular(3)

207.978 211.267 211.202 -2.0 1.6 0.0

Gasoline, unleaded midgrade(3)(4)

199.841 203.617 203.589 -1.5 1.9 0.0

Gasoline, unleaded premium(3)

200.004 203.277 202.928 -1.3 1.5 -0.2

Medical care

466.430 466.477 463.349 4.6 -0.7 -0.7

Recreation(5)

106.986 106.914 105.287 -1.2 -1.6 -1.5

Education and communication(5)

141.794 141.982 142.028 -3.4 0.2 0.0

Other goods and services

394.520 391.495 393.168 0.4 -0.3 0.4
 

Commodity and service group

 
 

All items

250.145 251.098 250.185 1.8 0.0 -0.4

Commodities

173.569 173.944 172.272 -1.2 -0.7 -1.0

Commodities less food & beverages

133.205 133.296 131.442 -1.9 -1.3 -1.4

Nondurables less food & beverages

174.073 173.785 171.327 -1.2 -1.6 -1.4

Durables

93.144 93.612 92.350 -3.3 -0.9 -1.3

Services

318.290 319.761 319.531 3.4 0.4 -0.1
 

Special aggregate indexes

 
 

All items less medical care

240.804 241.788 240.963 1.6 0.1 -0.3

All items less shelter

219.676 220.640 218.881 -0.2 -0.4 -0.8

Commodities less food

137.570 137.709 135.865 -1.8 -1.2 -1.3

Nondurables

213.347 213.657 211.809 -0.7 -0.7 -0.9

Nondurables less food

179.804 179.623 177.226 -1.0 -1.4 -1.3

Services less rent of shelter(2)

325.020 327.305 325.359 1.2 0.1 -0.6

Services less medical care services

305.931 307.281 307.194 3.3 0.4 0.0

Energy

235.020 241.322 237.868 1.4 1.2 -1.4

All items less energy

253.185 253.742 253.013 1.9 -0.1 -0.3

All items less food and energy

253.898 254.388 253.711 2.3 -0.1 -0.3

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: Thursday, December 15, 2016