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News Release Information

21-1050-SAN
Thursday, June 10, 2021

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Technical information:
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  • (415) 625-2270

Consumer Price Index, Honolulu Area – May 2021

Area prices were up 2.1 percent over the past two months, up 3.8 percent from a year ago

Prices in the Honolulu area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 2.1 percent for the two months ending in May 2021, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Chris Rosenlund noted that the May increase was influenced by higher prices for shelter and new and used motor vehicles. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U advanced 3.8 percent. Food prices rose 1.2 percent. Energy prices jumped 19.1 percent, largely the result of an increase in the price of gasoline. Food prices rose 1.2 percent. The index for all items less food and energy rose 3.3 percent over the year. (See table 1.)

Food

Food prices advanced 1.7 percent for the two months ending in May. (See table 1.) Prices for food at home rose 2.1 percent, strongly influenced by higher prices for meats, poultry, fish, and eggs (4.3 percent) and fruits and vegetables (4.1 percent). Prices for food away from home rose 1.1 percent for the same period.

Over the year, food prices rose 1.2 percent. Prices for food away from home advanced 4.0 percent. Prices for food at home decreased 1.0 percent, mainly due to lower prices for other food at home (-9.1 percent) since a year ago.

Energy

The energy index rose 6.0 percent for the two months ending in May. The increase was mainly due to higher prices for gasoline (8.4 percent). Prices for natural gas service increased 4.1 percent, and prices for electricity rose 3.1 percent for the same period.

Energy prices jumped 19.1 percent over the year, largely due to higher prices for gasoline (34.7 percent). Prices paid for natural gas service jumped 25.8 percent, and prices for electricity rose 2.6 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 2.0 percent in the latest two-month period. Higher prices for new and used vehicles (7.2 percent), shelter (2.4 percent), and apparel (2.4 percent) were partially offset by lower prices for household furnishings and operations (-1.7 percent).

Over the year, the index for all items less food and energy rose 3.3 percent. Components contributing to the increase included new and used motor vehicles (12.9 percent), education and communication (4.1 percent), and shelter (2.9 percent). Partly offsetting the increases was a price decrease in apparel (-1.0 percent).

The July 2021 Consumer Price Index for the Honolulu area is scheduled to be released on August 11, 2021.

Coronavirus (COVID-19) Impact on May 2021 Consumer Price Index Data

Data collection by personal visit for the Consumer Price Index (CPI) program has been suspended since March 16, 2020. When possible, data normally collected by personal visit were collected either online or by phone. Additionally, data collection in May was affected by the temporary closing or limited operations of certain types of establishments. These factors resulted in an increase in the number of prices considered temporarily unavailable and imputed.

While the CPI program attempted to collect as much data as possible, many indexes are based on smaller amounts of collected prices than usual, and a small number of indexes that are normally published were not published this month. Additional information is available at https://www.bls.gov/covid19/effects-of-covid-19-pandemic-on-consumer-price-index.htm.


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 Urban Hawaii area covered in this release consists of Honolulu in the State of Hawaii.

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

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

Indexes Percent change from-
Mar.
2021
Apr.
2021
May
2021
May
2020
Mar.
2021
Apr.
2021

Expenditure category

All items

290.361 - 296.559 3.8 2.1 -

All items (1967=100)

799.356 - 816.420 - - -

Food and beverages

305.943 - 310.456 1.4 1.5 -

Food

305.693 - 310.828 1.2 1.7 -

Food at home

299.249 305.586 305.642 -1.0 2.1 0.0

Cereals and bakery products

319.691 - 332.121 1.6 3.9 -

Meats, poultry, fish, and eggs

289.527 - 301.948 3.9 4.3 -

Dairy and related products

241.718 - 250.028 2.5 3.4 -

Fruits and vegetables

356.894 - 371.481 -0.7 4.1 -

Nonalcoholic beverages and beverage materials(1)

381.655 - 395.671 3.7 3.7 -

Other food at home

291.271 - 283.043 -9.1 -2.8 -

Food away from home

305.053 - 308.513 4.0 1.1 -

Alcoholic beverages

308.449 - 302.833 - -1.8 -

Housing

317.531 - 324.024 2.7 2.0 -

Shelter

347.702 353.660 355.946 2.9 2.4 0.6

Rent of primary residence(2)

342.083 347.626 351.778 2.7 2.8 1.2

Owners' equiv. rent of residences(2)

358.149 362.789 364.535 2.7 1.8 0.5

Owners' equiv. rent of primary residence(2)

358.149 362.789 364.535 2.7 1.8 0.5

Fuels and utilities

363.222 - 369.720 2.6 1.8 -

Household energy

277.935 276.046 286.611 3.6 3.1 3.8

Energy services

272.857 270.994 281.441 3.5 3.1 3.9

Electricity

269.116 265.543 277.456 2.6 3.1 4.5

Utility (piped) gas service

300.916 338.972 313.297 25.8 4.1 -7.6

Household furnishings and operations

153.185 - 150.596 0.2 -1.7 -

Apparel

107.130 - 109.745 -1.0 2.4 -

Transportation

223.900 - 238.625 15.7 6.6 -

Private transportation

229.057 - 242.145 16.1 5.7 -

New and used motor vehicles(3)

106.499 - 114.147 12.9 7.2 -

New vehicles(1)

166.537 - 170.835 3.6 2.6 -

Used cars and trucks(1)

263.772 - 307.585 29.2 16.6 -

Motor fuel

279.255 293.126 302.602 34.6 8.4 3.2

Gasoline (all types)

286.628 300.891 310.663 34.7 8.4 3.2

Gasoline, unleaded regular(4)

296.969 310.847 321.444 34.5 8.2 3.4

Gasoline, unleaded midgrade(4)(5)

235.672 248.602 259.363 23.8 10.1 4.3

Gasoline, unleaded premium(4)

271.431 288.314 295.261 37.4 8.8 2.4

Motor vehicle insurance(1)

442.557 - 442.557 6.0 0.0 -

Medical care

- - 434.559 - - -

Recreation(3)

135.445 - 137.828 0.5 1.8 -

Education and communication(3)

150.642 - 151.069 4.1 0.3 -

Tuition, other school fees, and child care(1)

1,841.568 - 1,841.568 2.2 0.0 -

Other goods and services

519.226 - 521.144 8.2 0.4 -

Commodity and service group

All items

290.361 - 296.559 3.8 2.1 -

Commodities

213.095 - 218.733 4.8 2.6 -

Commodities less food & beverages

157.342 - 163.467 8.6 3.9 -

Nondurables less food & beverages

197.525 - 204.463 9.7 3.5 -

Durables

113.053 - 118.028 7.1 4.4 -

Services

357.807 - 364.520 3.2 1.9 -

Special aggregate indexes

All items less medical care

282.459 - 289.079 4.0 2.3 -

All items less shelter

265.247 - 270.469 4.3 2.0 -

Commodities less food

162.663 - 168.450 8.3 3.6 -

Nondurables

254.226 - 259.785 4.2 2.2 -

Nondurables less food

204.506 - 210.617 9.3 3.0 -

Services less rent of shelter(2)

367.962 - 371.856 3.7 1.1 -

Services less medical care services

348.808 - 356.262 3.4 2.1 -

Energy

276.802 283.568 293.466 19.1 6.0 3.5

All items less energy

293.011 - 298.611 3.0 1.9 -

All items less food and energy

292.473 - 298.203 3.3 2.0 -

Footnotes
(1) Indexes on a December 1977=100 base.
(2) Indexes 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.

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

 

Last Modified Date: Thursday, June 10, 2021