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News Release Information

22-1855-SAN
Tuesday, September 13, 2022

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

Consumer Price Index, Phoenix area — August 2022

Area prices were up 0.8 percent over the past two months, up 13.0 percent from a year ago

Prices in the Phoenix area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.8 percent for the two months ending in August 2022, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the August increase was influenced by higher prices for shelter, food, and medical care. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U increased 13.0 percent. (See chart 1 and table A.) Food prices advanced 14.1 percent. Energy prices rose 19.2 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy rose 12.3 percent over the year. (See table 1.)

Chart 1. Over-the-year percent change in CPI-U, Phoenix, August 2019-August 2022
Food

Food prices increased 3.6 percent for the two months ending in August. (See table 1.) Prices for food at home increased 4.4 percent, with increases in five of the six subcategories. Prices for food away from home advanced 2.5 percent for the same period.

Over the year, food prices advanced 14.1 percent. Prices for food at home rose 15.7 percent since a year ago, with price increases above 12.0 percent in all six subcategories. Prices for food away from home advanced 12.0 percent.

Energy

The energy index declined 15.9 percent for the two months ending in August. The decrease was mainly due to lower prices for gasoline (-25.2 percent). Prices for electricity fell 2.6 percent, and prices for natural gas service decreased 0.8 percent for the same period.

Energy prices rose 19.2 percent over the year, largely due to higher prices for gasoline (32.5 percent). Prices paid for natural gas service increased 12.4 percent, and prices for electricity increased 2.6 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 2.1 percent in the latest two-month period. Higher prices for medical care (4.6 percent) and shelter (3.5 percent) were partially offset by lower prices for household furnishings and operations (-1.4 percent) and recreation (-0.5 percent).

Over the year, the index for all items less food and energy rose 12.3 percent. Components contributing to the increase included shelter (19.0 percent) and medical care (8.7 percent). Partly offsetting the increases was a price decrease in education and communication (-1.4 percent).

Table A. Phoenix-Mesa-Scottsdale, AZ, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2019 2020 2021 2022
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

-0.3 2.1 0.6 4.4 1.0 1.0 2.1 10.9

April

1.4 2.3 -1.4 1.5 2.4 4.9 2.5 11.0

June

1.0 2.2 1.5 2.0 1.9 5.4 3.1 12.3

August

0.5 3.0 0.4 1.8 0.2 5.1 0.8 13.0

October

1.4 3.8 0.3 0.7 2.2 7.1

December

-0.6 3.4 -0.8 0.5 1.7 9.7

The October 2022 Consumer Price Index for the Phoenix area is scheduled to be released on November 10, 2022.


Technical Note

The Consumer Price Index (CPI) is a measures 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 93 percent of the total U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. 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 75 urban areas across the country from about 6,000 housing units and approximately 22,000 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; for most of the CPI-U the reference base is 1982-84 equals 100. An increase of 7 percent from the reference base, for example, is shown as 107.000.  Alternatively, that relationship can also be expressed as the price of a base period market basket of goods and services rising from $100 to $107. For further details see the CPI home page on the internet at www.bls.gov/cpi and the CPI section of the BLS Handbook of Methods available on the internet at www.bls.gov/opub/hom/cpi/.

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 Phoenix-Mesa-Scottsdale metropolitan area covered in this release consists of Maricopa and Pinal Counties in the State of Arizona.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: 202-691-5200; Telecommunications Relay Service: 7-1-1.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods

Phoenix-Mesa-Scottsdale (December 2001=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Historical
data
Jun.
2022
Jul.
2022
Aug.
2022
Aug.
2021
Jun.
2022
Jul.
2022

Expenditure category

All items

172.643 - 173.952 13.0 0.8 -

Food and beverages

172.774 - 178.412 13.4 3.3 -

Food

174.987 - 181.238 14.1 3.6 -

Food at home

172.469 176.252 180.037 15.7 4.4 2.1

Cereals and bakery products

209.390 - 223.355 14.0 6.7 -

Meats, poultry, fish, and eggs

221.334 - 226.899 17.9 2.5 -

Dairy and related products

148.459 - 145.372 15.0 -2.1 -

Fruits and vegetables

144.768 - 148.165 12.8 2.3 -

Nonalcoholic beverages and beverage materials

127.743 - 138.365 13.8 8.3 -

Other food at home

168.709 - 180.153 18.4 6.8 -

Food away from home

180.736 - 185.337 12.0 2.5 -

Alcoholic beverages

149.399 - 146.949 2.7 -1.6 -

Housing

186.184 - 190.957 17.1 2.6 -

Shelter

197.028 200.365 203.953 19.0 3.5 1.8

Rent of primary residence

205.262 211.105 213.405 21.4 4.0 1.1

Owners' equiv. rent of residences

193.451 196.910 199.437 17.3 3.1 1.3

Owners' equiv. rent of primary residence

193.451 196.910 199.437 17.3 3.1 1.3

Fuels and utilities

196.999 - 193.903 6.0 -1.6 -

Household energy

199.010 194.536 193.939 3.5 -2.5 -0.3

Energy services

198.083 193.931 193.369 3.4 -2.4 -0.3

Electricity

209.870 205.113 204.413 2.6 -2.6 -0.3

Utility (piped) gas service

140.308 139.117 139.233 12.4 -0.8 0.1

Household furnishings and operations

116.229 - 114.572 13.7 -1.4 -

Apparel

144.911 - 148.346 8.1 2.4 -

Transportation

169.452 - 158.804 13.0 -6.3 -

Private transportation

174.580 - 163.577 12.2 -6.3 -

New and used motor vehicles

117.878 - 117.950 - 0.1 -

New vehicles

111.170 - 112.687 - 1.4 -

Used cars and trucks

130.152 - 129.720 8.4 -0.3 -

Motor fuel

464.074 416.531 349.440 33.5 -24.7 -16.1

Gasoline (all types)

464.212 415.175 347.324 32.5 -25.2 -16.3

Gasoline, unleaded regular(1)

471.916 420.499 350.060 33.3 -25.8 -16.8

Gasoline, unleaded midgrade(1)

472.668 427.466 362.240 31.7 -23.4 -15.3

Gasoline, unleaded premium(1)

440.409 399.942 341.415 29.4 -22.5 -14.6

Medical care

208.131 - 217.714 8.7 4.6 -

Recreation

123.173 - 122.577 1.9 -0.5 -

Education and communication

117.900 - 117.701 -1.4 -0.2 -

Tuition, other school fees, and child care

- - 221.088 - - -

Other goods and services

166.242 - 167.839 10.6 1.0 -

Commodity and service group

All items

172.643 - 173.952 13.0 0.8 -

Commodities

151.649 - 148.566 12.5 -2.0 -

Commodities less food & beverages

139.754 - 133.168 11.9 -4.7 -

Nondurables less food & beverages

200.300 - 180.194 14.9 -10.0 -

Durables

93.902 - 94.276 9.1 0.4 -

Services

186.921 - 191.523 13.3 2.5 -

Special aggregate indexes

All items less medical care

170.828 - 171.592 13.4 0.4 -

All items less shelter

160.343 - 158.900 9.6 -0.9 -

Commodities less food

140.408 - 133.917 11.6 -4.6 -

Nondurables

185.862 - 179.766 14.2 -3.3 -

Nondurables less food

196.509 - 177.734 14.1 -9.6 -

Services less rent of shelter

173.715 - 175.199 5.8 0.9 -

Services less medical care services

185.026 - 188.955 13.8 2.1 -

Energy

317.273 294.881 266.916 19.2 -15.9 -9.5

All items less energy

165.036 - 168.828 12.5 2.3 -

All items less food and energy

163.404 - 166.844 12.3 2.1 -

Footnotes
(1) Special index based on a substantially smaller sample.

- Data not available
NOTE: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Tuesday, September 13, 2022