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17-330-SAN
Wednesday, March 15, 2017

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Consumer Price Index, West Region — February 2017

Area prices were up 0.6 percent over the past month, up 3.0 percent from a year ago

Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.6 percent in February, the U.S. Bureau of Labor Statistics reported today. (See table A.) The February increase was influenced by higher prices for shelter and apparel. (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 3.0 percent.  (See chart 1 and table A.) Energy prices jumped 12.1 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy rose 2.9 percent over the year. (See table 1.)

Food

Food prices rose 0.5 percent for the month of February. (See table 1.) Prices for food at home and prices for food away from home rose 0.5 percent each for the same period.

Over the year, food prices inched up 0.2 percent. Prices for food away from home advanced 3.1 percent since a year ago, but prices for food at home declined 1.9 percent.

Energy

The energy index rose 0.9 percent over the month. The increase was mainly due to higher prices for gasoline (1.9 percent). Prices for electricity were virtually unchanged, while prices for natural gas service decreased 0.5 percent in the same period.

Energy prices jumped 12.1 percent over the year, largely due to higher prices for gasoline (23.1 percent). Prices paid for electricity rose 2.2 percent, and prices for natural gas service advanced 0.4 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.6 percent in February. Higher prices for apparel (3.9 percent) and shelter (0.6 percent) were partially offset by lower prices for medical care (-0.3 percent).

Over the year, the index for all items less food and energy rose 2.9 percent. Components contributing to the increase included shelter (5.3 percent) and medical care (1.7 percent). Partly offsetting the increases were price declines in education and communication (-1.0 percent) and household furnishings and operations (-0.9 percent).

Table A. West Region 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

0.4 2.6 0.3 1.7 0.3 1.7 -0.3 0.7 0.5 2.6 0.5 2.5

February

0.4 2.5 0.8 2.0 0.4 1.3 0.6 0.9 0.1 2.1 0.6 3.0

March

0.9 2.4 0.4 1.5 0.6 1.5 0.8 1.1 0.2 1.5    

April

0.2 2.1 0.0 1.3 0.3 1.8 0.3 1.0 0.5  1.8    

May

0.2 2.0 0.2 1.3 0.6 2.3 0.8 1.2 0.5 1.5    

June

-0.2 2.0 0.1 1.5 0.1 2.3 0.0 1.1 0.2 1.6    

July

-0.3 1.8 0.0 1.9 0.1 2.3 0.3 1.3 0.1 1.4    

August

0.5 2.1 0.1 1.5 -0.1 2.1 -0.1 1.3 0.0 1.5    

September

0.5 2.2 0.2 1.3 0.1 2.0 -0.2 1.0 0.3 2.0    

October

0.4 2.5 -0.1 0.9 -0.1 2.0 0.0 1.1 0.3 2.3    

November

-0.7 1.9 -0.4 1.3 -0.6 1.7 -0.2 1.5 -0.2 2.3    

December

-0.5 1.7 0.0 1.8 -0.5 1.3 -0.1 1.8 0.0 2.5    

The March 2017 Consumer Price Index for the West Region is scheduled to be released April 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 West Region covered in this release is comprised of the following thirteen states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.

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

West (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Dec.
2016
Jan.
2017
Feb.
2017
Feb.
2016
Dec.
2016
Jan.
2017

Expenditure category

 
 

All Items

249.516 250.814 252.252 3.0 1.1 0.6

All items (December 1977=100)

403.328 405.426 407.752      

Food and beverages

251.557 252.503 253.665 0.3 0.8 0.5

Food

251.372 252.229 253.451 0.2 0.8 0.5

Food at home

243.848 244.028 245.268 -1.9 0.6 0.5

Food away from home

260.818 262.638 263.827 3.1 1.2 0.5

Alcoholic beverages

250.740 252.864 253.216 1.8 1.0 0.1

Housing

270.315 271.486 272.828 4.5 0.9 0.5

Shelter

309.296 310.723 312.523 5.3 1.0 0.6

Rent of primary residence(1)

326.453 327.754 328.850 5.6 0.7 0.3

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

325.186 326.607 327.843 5.5 0.8 0.4

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

325.202 326.630 327.861 5.5 0.8 0.4

Fuels and utilities

285.285 285.742 286.151 2.8 0.3 0.1

Household energy

245.607 244.662 244.239 2.0 -0.6 -0.2

Energy services(1)

247.545 246.089 245.570 1.7 -0.8 -0.2

Electricity(1)

273.864 272.710 272.386 2.2 -0.5 -0.1

Utility (piped) gas service(1)

200.425 198.154 197.136 0.4 -1.6 -0.5

Household furnishings and operations

128.283 128.894 129.047 -0.9 0.6 0.1

Apparel

115.540 116.279 120.784 0.9 4.5 3.9

Transportation

196.162 199.001 201.030 5.5 2.5 1.0

Private transportation

190.526 193.345 195.089 6.0 2.4 0.9

New and used motor vehicles(3)

99.138 99.291 100.007 -0.7 0.9 0.7

New vehicles

148.170 148.786 149.781 1.6 1.1 0.7

New cars and trucks(3)(4)

102.898 103.325 104.024 1.6 1.1 0.7

New cars(4)

145.548 145.927 146.679 0.3 0.8 0.5

Used cars and trucks

131.799 131.723 132.307 -4.2 0.4 0.4

Motor fuel

200.117 210.265 214.221 23.2 7.0 1.9

Gasoline (all types)

199.133 209.298 213.296 23.1 7.1 1.9

Gasoline, unleaded regular(4)

196.348 206.637 210.460 23.6 7.2 1.9

Gasoline, unleaded midgrade(4)(5)

191.794 200.136 204.449 21.4 6.6 2.2

Gasoline, unleaded premium(4)

198.147 207.014 211.541 21.4 6.8 2.2

Medical Care

474.889 476.005 474.386 1.7 -0.1 -0.3

Medical care commodities

359.850 361.439 362.890 3.3 0.8 0.4

Medical care services

511.526 512.451 509.700 1.3 -0.4 -0.5

Professional services

353.054 353.515 353.075 2.2 0.0 -0.1

Recreation(3)

111.583 112.584 112.937 1.0 1.2 0.3

Education and communication(3)

137.192 136.460 137.112 -1.0 -0.1 0.5

Other goods and services

411.130 411.956 412.154 1.6 0.2 0.0
 

Commodity and Service Group

 
 

All Items

249.516 250.814 252.252 3.0 1.1 0.6

Commodities

176.753 178.141 179.637 1.7 1.6 0.8

Commodities less food & beverages

139.812 141.312 142.872 2.6 2.2 1.1

Nondurables less food & beverages

175.707 178.480 181.496 5.9 3.3 1.7

Nondurables less food, beverages, and apparel

218.214 222.348 224.490 7.8 2.9 1.0

Durables

106.731 107.157 107.494 -1.5 0.7 0.3

Services

316.878 318.074 319.440 3.8 0.8 0.4

Rent of shelter(2)

329.203 330.737 332.665 5.4 1.1 0.6

Transportation services

290.356 292.278 295.116 3.0 1.6 1.0

Other services

341.731 342.567 343.590 1.2 0.5 0.3
 

Special aggregate indexes:

 
 

All items less medical care

239.221 240.525 242.097 3.2 1.2 0.7

All items less food

249.398 250.764 252.238 3.5 1.1 0.6

All items less shelter

226.273 227.528 228.826 1.7 1.1 0.6

Commodities less food

143.891 145.419 146.960 2.6 2.1 1.1

Nondurables

213.387 215.340 217.527 2.8 1.9 1.0

Nondurables less food

181.085 183.839 186.725 5.6 3.1 1.6

Nondurables less food and apparel

220.977 224.928 226.907 7.1 2.7 0.9

Services less rent of shelter(2)

336.780 337.665 338.443 1.8 0.5 0.2

Services less medical care services

303.333 304.543 306.169 4.1 0.9 0.5

Energy

222.722 228.035 230.081 12.1 3.3 0.9

All items less energy

253.565 254.573 255.978 2.5 1.0 0.6

All items less food and energy

254.712 255.749 257.189 2.9 1.0 0.6

Commodities less food and energy commodities

138.161 138.646 139.911 -0.4 1.3 0.9

Energy commodities

204.534 215.030 219.042 22.9 7.1 1.9

Services less energy services

322.096 323.459 324.947 3.9 0.9 0.5

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) Indexes on a December 1997=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
 

Regions defined as the four Census regions. West includes Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.
 

 

Last Modified Date: Wednesday, March 15, 2017