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17-828-SAN
Wednesday, June 14, 2017

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Consumer Price Index, Los Angeles area — May 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), rose 0.3 percent in May, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the May increase was influenced by higher prices for natural gas service and 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 2.5 percent. (See chart 1 and table A.) Energy prices rose 6.0 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy increased 2.2 percent over the year. (See table 1.)

Food

Food prices moved up 0.4 percent for the month of May. (See table 1.) Prices for food at home increased 0.5 percent, and prices for food away from home advanced 0.3 percent for the same period.

Over the year, food prices rose 2.0 percent. Prices for food away from home increased 3.9 percent since a year ago, and prices for food at home advanced 0.5 percent

Energy

The energy index advanced 1.4 percent over the month. The increase was mainly due to higher prices for natural gas service (16.6 percent). Prices for electricity increased 0.2 percent, but prices for gasoline declined 0.2 percent for the same period.

Energy prices rose 6.0 percent over the year, largely due to higher prices for gasoline (7.0 percent). Prices paid for natural gas service advanced 9.7 percent, and prices for electricity rose 2.5 percent during the past year.

All items less food and energy

The index for all items less food and energy inched up 0.2 percent in May. Higher prices for shelter (0.3 percent) and medical care (0.3 percent) were partially offset by lower prices for other goods and services (-0.7 percent), household furnishings and operations (-0.6 percent), and apparel (-0.6 percent).

Over the year, the index for all items less food and energy rose 2.2 percent. Components contributing to the increase included shelter (4.4 percent) and medical care (2.1 percent). Partly offsetting the increases were price declines in apparel (-4.4 percent) and education and communication (-2.4 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    

July

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

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 June 2017 Consumer Price Index for the Los Angeles-Riverside-Orange County is scheduled to be released on July 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-
Mar.
2017
Apr.
2017
May
2017
May
2016
Mar.
2017
Apr.
2017

Expenditure category

 
 

All items

254.525 254.971 255.674 2.5 0.5 0.3

All items (1967=100)

751.980 753.297 755.374 - - -

Food and beverages

254.571 254.321 255.381 1.9 0.3 0.4

Food

254.820 254.444 255.493 2.0 0.3 0.4

Food at home

256.216 253.671 254.910 0.5 -0.5 0.5

Food away from home

249.274 251.573 252.373 3.9 1.2 0.3

Alcoholic beverages

235.876 237.450 238.612 1.8 1.2 0.5

Housing

285.975 286.168 287.251 4.1 0.4 0.4

Shelter

327.750 327.432 328.269 4.4 0.2 0.3

Rent of primary residence(1)

343.624 344.279 345.534 5.1 0.6 0.4

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

339.317 340.072 340.230 4.3 0.3 0.0

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

339.298 340.053 340.212 4.3 0.3 0.0

Fuels and utilities

303.031 306.090 313.977 4.4 3.6 2.6

Household energy

260.921 263.247 273.174 4.4 4.7 3.8

Energy services(1)

259.884 261.715 272.069 4.3 4.7 4.0

Electricity(1)

302.157 305.458 305.923 2.5 1.2 0.2

Utility (piped) gas service(1)

208.109 206.940 241.258 9.7 15.9 16.6

Household furnishings and operations

116.522 117.355 116.614 0.6 0.1 -0.6

Apparel

112.197 108.911 108.252 -4.4 -3.5 -0.6

Transportation

197.847 198.562 199.023 2.0 0.6 0.2

Private transportation

193.043 193.114 193.841 2.6 0.4 0.4

Motor fuel

233.940 233.584 233.161 7.1 -0.3 -0.2

Gasoline (all types)

228.870 228.523 228.118 7.0 -0.3 -0.2

Gasoline, unleaded regular(3)

229.217 228.867 228.362 7.0 -0.4 -0.2

Gasoline, unleaded midgrade(3)(4)

219.494 219.006 219.655 7.5 0.1 0.3

Gasoline, unleaded premium(3)

219.062 218.778 218.704 7.1 -0.2 0.0

Medical care

465.952 467.445 469.064 2.1 0.7 0.3

Recreation(5)

106.272 107.131 107.409 -0.1 1.1 0.3

Education and communication(5)

142.117 141.997 142.072 -2.4 0.0 0.1

Other goods and services

390.346 410.527 407.766 4.2 4.5 -0.7
 

Commodity and service group

 
 

All items

254.525 254.971 255.674 2.5 0.5 0.3

Commodities

176.116 176.498 176.772 1.3 0.4 0.2

Commodities less food & beverages

135.189 135.808 135.747 0.8 0.4 0.0

Nondurables less food & beverages

177.662 178.728 178.261 2.2 0.3 -0.3

Durables

93.543 93.721 94.064 -1.6 0.6 0.4

Services

324.306 324.808 325.895 3.0 0.5 0.3
 

Special aggregate indexes

 
 

All items less medical care

245.352 245.756 246.421 2.5 0.4 0.3

All items less shelter

222.476 223.272 223.918 1.2 0.6 0.3

Commodities less food

139.522 140.174 140.145 0.9 0.4 0.0

Nondurables

217.027 217.511 217.737 2.1 0.3 0.1

Nondurables less food

183.253 184.361 183.971 2.2 0.4 -0.2

Services less rent of shelter(2)

328.376 330.104 331.578 1.0 1.0 0.4

Services less medical care services

312.048 312.469 313.692 3.2 0.5 0.4

Energy

245.165 245.837 249.385 6.0 1.7 1.4

All items less energy

257.164 257.596 258.090 2.2 0.4 0.2

All items less food and energy

257.903 258.472 258.872 2.2 0.4 0.2

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, June 14, 2017