News Release Information

17-223-SAN
Wednesday, February 15, 2017

Contacts

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

Consumer Price Index, Los Angeles area — January 2017

Area prices were up 0.9 percent over the past month, up 2.1 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.9 percent in January, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the January increase was influenced by higher prices for shelter and 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 2.1 percent. (See chart 1 and table A.) Energy prices decreased 0.7 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy increased 2.6 percent over the year. (See table 1.)

Food

Food prices advanced 0.5 percent for the month of January. (See table 1.) Prices for food at home increased 0.6 percent, and prices for food away from home moved up 0.4 percent for the same period.

Over the year, food prices advanced 0.5 percent. Prices for food away from home increased 2.6 percent since a year ago, but prices for at home decreased 1.2 percent.

Energy

The energy index rose 1.0 percent over the month. The increase was mainly due to higher prices for gasoline (4.4 percent). Prices for electricity decreased 3.6 percent, and prices for natural gas service declined 2.0 percent for the same period.

Energy prices decreased 0.7 percent over the year, largely due to lower prices for gasoline (-2.7 percent). Prices paid for natural gas service increased 6.7 percent, and prices for electricity rose 0.3 percent during the past year.

All items less food and energy

The index for all items less food and energy advanced 0.9 percent in January. Higher prices for apparel (1.9 percent), recreation (1.6 percent), and shelter (0.9 percent) were partially offset by lower prices for education and communication (-0.3 percent).

Over the year, the index for all items less food and energy increased 2.6 percent. Components contributing to the increase included shelter (5.2 percent) and medical care (4.7 percent). Partly offsetting the increases were price declines in education and communication (-3.7 percent), apparel (-3.0 percent), and recreation (-2.5 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    

March

1.0 2.0 0.1 1.3 0.6 1.0 1.0 0.5 0.3 1.7    

April

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

May

0.1 1.6 0.1 1.0 0.4 1.7 1.0 1.1 0.5 1.4    

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 February 2017 Consumer Price Index for the Los Angeles-Riverside-Orange County is scheduled to be released on March 15, 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-
Nov.
2016
Dec.
2016
Jan.
2017
Jan.
2016
Nov.
2016
Dec.
2016

Expenditure category

 
 

All items

250.185 250.189 252.373 2.1 0.9 0.9

All items (1967=100)

739.156 739.171 745.623 - - -

Food and beverages

250.967 251.893 253.317 0.6 0.9 0.6

Food

250.881 251.864 253.236 0.5 0.9 0.5

Food at home

252.772 253.486 255.079 -1.2 0.9 0.6

Food away from home

244.783 246.083 247.162 2.6 1.0 0.4

Alcoholic beverages

237.315 237.363 239.443 2.2 0.9 0.9

Housing

281.400 282.416 284.696 4.6 1.2 0.8

Shelter

321.725 322.695 325.595 5.2 1.2 0.9

Rent of primary residence(1)

338.473 339.426 341.115 5.1 0.8 0.5

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

334.484 335.733 337.597 5.1 0.9 0.6

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

334.464 335.713 337.578 5.1 0.9 0.6

Fuels and utilities

305.275 306.812 304.962 3.5 -0.1 -0.6

Household energy

271.088 273.087 264.439 1.9 -2.5 -3.2

Energy services(1)

269.989 271.625 262.860 1.8 -2.6 -3.2

Electricity(1)

313.478 313.251 301.898 0.3 -3.7 -3.6

Utility (piped) gas service(1)

217.163 223.261 218.858 6.7 0.8 -2.0

Household furnishings and operations

114.632 115.531 117.101 0.0 2.2 1.4

Apparel

106.406 103.972 105.915 -3.0 -0.5 1.9

Transportation

190.463 188.577 192.435 -0.1 1.0 2.0

Private transportation

185.474 184.208 187.851 0.1 1.3 2.0

Motor fuel

215.875 208.577 217.767 -2.5 0.9 4.4

Gasoline (all types)

211.089 203.866 212.880 -2.7 0.8 4.4

Gasoline, unleaded regular(3)

211.202 203.835 213.079 -2.8 0.9 4.5

Gasoline, unleaded midgrade(3)(4)

203.589 197.041 203.958 -2.5 0.2 3.5

Gasoline, unleaded premium(3)

202.928 196.659 204.484 -2.1 0.8 4.0

Medical care

463.349 465.171 465.997 4.7 0.6 0.2

Recreation(5)

105.287 104.464 106.123 -2.5 0.8 1.6

Education and communication(5)

142.028 141.694 141.298 -3.7 -0.5 -0.3

Other goods and services

393.168 393.012 393.872 0.9 0.2 0.2
 

Commodity and service group

 
 

All items

250.185 250.189 252.373 2.1 0.9 0.9

Commodities

172.272 171.787 173.767 -0.7 0.9 1.2

Commodities less food & beverages

131.442 130.408 132.514 -1.7 0.8 1.6

Nondurables less food & beverages

171.327 168.690 171.514 -1.8 0.1 1.7

Durables

92.350 92.900 94.301 -1.5 2.1 1.5

Services

319.531 319.975 322.337 3.5 0.9 0.7
 

Special aggregate indexes

 
 

All items less medical care

240.963 240.899 243.126 1.9 0.9 0.9

All items less shelter

218.881 218.445 220.314 0.1 0.7 0.9

Commodities less food

135.865 134.846 136.977 -1.5 0.8 1.6

Nondurables

211.809 210.754 212.996 -0.5 0.6 1.1

Nondurables less food

177.226 174.689 177.515 -1.6 0.2 1.6

Services less rent of shelter(2)

325.359 325.036 326.645 1.2 0.4 0.5

Services less medical care services

307.194 307.526 309.984 3.4 0.9 0.8

Energy

237.868 234.112 236.489 -0.7 -0.6 1.0

All items less energy

253.013 253.302 255.488 2.3 1.0 0.9

All items less food and energy

253.711 253.882 256.209 2.6 1.0 0.9

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, February 15, 2017