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17-1123-SAN
Friday, August 11, 2017

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Consumer Price Index, Los Angeles area — July 2017

Area prices were up 0.3 percent over the past month, up 2.5 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.3 percent in July, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the July increase was influenced by higher prices for shelter and medical care. (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 2.5 percent. (See chart 1 and table A.) Energy prices rose 0.2 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy moved up 2.8 percent over the year. (See table 1.)

Food

Food prices rose 0.5 percent for the month of July. (See table 1.) Prices for food away from home advanced 1.0 percent, and prices for food at home increased 0.2 percent for the same period.

Over the year, food prices moved up 2.1 percent. Prices for food away from home rose 4.5 percent since a year ago, and prices for food at home increased 0.2 percent.

Energy

The energy index decreased 1.8 percent over the month. The decrease was mainly due to lower prices for gasoline (-2.6 percent). Prices for natural gas service declined 2.7 percent, but prices for electricity inched up 0.1 percent for the same period.

Energy prices advanced 0.2 percent over the year, largely due to higher prices for gasoline (1.4 percent). Prices paid for natural gas service rose 0.5 percent, but prices for electricity decreased 2.2 percent during the past year.

All items less food and energy

The index for all items less food and energy advanced 0.4 percent in July. Higher prices for medical care (1.1 percent), education and communication (0.9 percent), and shelter (0.5 percent) were partially offset by lower prices for apparel (-1.1 percent) and household furnishings and operations (-0.3 percent).

Over the year, the index for all items less food and energy rose 2.8 percent. Components contributing to the increase included other goods and services (6.9 percent) and shelter (4.2 percent). Partly offsetting the increases were price declines in apparel (-3.4 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    

September

0.4 2.2 0.2 0.6 0.0 1.7 -0.4 0.7 0.2 1.9    

October

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

November

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

December

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

The August 2017 Consumer Price Index for the Los Angeles-Riverside-Orange County is scheduled to be released on September 14, 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-
May
2017
Jun.
2017
Jul.
2017
Jul.
2016
May
2017
Jun.
2017

Expenditure category

 
 

All items

255.674 255.275 256.023 2.5 0.1 0.3

All items (1967=100)

755.374 754.196 756.405 - - -

Food and beverages

255.381 254.967 256.155 2.0 0.3 0.5

Food

255.493 255.158 256.524 2.1 0.4 0.5

Food at home

254.910 254.284 254.786 0.2 0.0 0.2

Food away from home

252.373 252.400 254.810 4.5 1.0 1.0

Alcoholic beverages

238.612 237.086 235.649 0.5 -1.2 -0.6

Housing

287.251 286.879 288.012 3.7 0.3 0.4

Shelter

328.269 328.422 330.223 4.2 0.6 0.5

Rent of primary residence(1)

345.534 347.260 348.898 5.2 1.0 0.5

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

340.230 341.146 343.386 4.3 0.9 0.7

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

340.212 341.127 343.367 4.3 0.9 0.7

Fuels and utilities

313.977 307.089 305.844 1.5 -2.6 -0.4

Household energy

273.174 264.173 262.398 -1.4 -3.9 -0.7

Energy services(1)

272.069 262.828 261.037 -1.5 -4.1 -0.7

Electricity(1)

305.923 290.451 290.636 -2.2 -5.0 0.1

Utility (piped) gas service(1)

241.258 244.489 237.957 0.5 -1.4 -2.7

Household furnishings and operations

116.614 116.951 116.628 1.6 0.0 -0.3

Apparel

108.252 105.976 104.844 -3.4 -3.1 -1.1

Transportation

199.023 198.722 196.789 1.3 -1.1 -1.0

Private transportation

193.841 193.968 192.507 1.4 -0.7 -0.8

Motor fuel

233.161 229.595 223.750 1.5 -4.0 -2.5

Gasoline (all types)

228.118 224.607 218.844 1.4 -4.1 -2.6

Gasoline, unleaded regular(3)

228.362 224.833 218.910 1.3 -4.1 -2.6

Gasoline, unleaded midgrade(3)(4)

219.655 216.145 210.910 1.5 -4.0 -2.4

Gasoline, unleaded premium(3)

218.704 215.447 210.705 2.1 -3.7 -2.2

Medical care

469.064 469.507 474.778 2.2 1.2 1.1

Recreation(5)

107.409 106.535 107.220 0.2 -0.2 0.6

Education and communication(5)

142.072 142.449 143.696 0.1 1.1 0.9

Other goods and services

407.766 411.935 416.736 6.9 2.2 1.2
 

Commodity and service group

 
 

All items

255.674 255.275 256.023 2.5 0.1 0.3

Commodities

176.772 175.949 175.886 1.1 -0.5 0.0

Commodities less food & beverages

135.747 134.801 134.231 0.5 -1.1 -0.4

Nondurables less food & beverages

178.261 176.649 175.941 1.2 -1.3 -0.4

Durables

94.064 93.774 93.340 -0.9 -0.8 -0.5

Services

325.895 325.878 327.351 3.2 0.4 0.5
 

Special aggregate indexes

 
 

All items less medical care

246.421 245.992 246.563 2.5 0.1 0.2

All items less shelter

223.918 223.265 223.536 1.4 -0.2 0.1

Commodities less food

140.145 139.171 138.572 0.5 -1.1 -0.4

Nondurables

217.737 216.640 216.790 1.6 -0.4 0.1

Nondurables less food

183.971 182.339 181.583 1.2 -1.3 -0.4

Services less rent of shelter(2)

331.578 331.309 332.326 1.7 0.2 0.3

Services less medical care services

313.692 313.671 314.998 3.3 0.4 0.4

Energy

249.385 243.719 239.415 0.2 -4.0 -1.8

All items less energy

258.090 258.085 259.220 2.7 0.4 0.4

All items less food and energy

258.872 258.924 260.020 2.8 0.4 0.4

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: Friday, August 11, 2017