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News Release Information

20-425-SAN
Wednesday, March 11, 2020

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

Consumer Price Index, Los Angeles area – February 2020

Area prices were up 0.3 percent over the past month, up 3.4 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 0.3 percent in February, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that 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 3.4 percent. (See chart 1 and table A.) The index for all items less food and energy advanced 3.1 percent over the year. Food prices rose 4.0 percent. Energy prices increased 5.7 percent, largely the result of an increase in the price of gasoline. (See table 1.)

Food

Food prices increased 0.5 percent for the month of February. (See table 1.) Prices for food away from home increased 0.8 percent, while prices for food at home were unchanged for the same period.

Over the year, food prices rose 4.0 percent. Prices for food away from home rose 5.8 percent since a year ago, and prices for food at home advanced 2.0 percent.

Energy

The energy index decreased 0.8 percent over the month. The decrease was mainly due to lower prices for natural gas service (-5.5 percent). Prices for gasoline decreased 0.5 percent, while prices for electricity were virtually unchanged for the same period.

Energy prices increased 5.7 percent over the year, largely due to higher prices for gasoline (6.7 percent). Prices paid for electricity advanced 5.8 percent, but prices for natural gas service decreased 0.6 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.4 percent in February. Higher prices for apparel (2.2 percent), recreation (0.9 percent), and shelter (0.5 percent) were partially offset by lower prices for other goods and services (-0.7 percent) and household furnishings and operations (-0.3 percent).

Over the year, the index for all items less food and energy advanced 3.1 percent. Components contributing to the increase included apparel (6.8 percent) and shelter (4.3 percent). Partly offsetting the increases was a price decrease in household furnishings and operations (-0.9 percent).

Table A. Los Angeles-Long Beach-Anaheim, CA, CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2016 2017 2018 2019 2020
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.7 3.1 0.9 2.1 0.8 3.5 0.7 3.2 0.8 3.1

February

0.0 2.4 0.6 2.7 0.7 3.6 0.1 2.5 0.3 3.4

March

0.3 1.7 0.3 2.7 0.4 3.8 0.6 2.7

April

0.2 2.0 0.2 2.7 0.4 4.0 1.0 3.3

May

0.5 1.4 0.3 2.5 0.4 4.1 0.2 3.1

June

0.1 1.8 -0.2 2.2 -0.2 4.0 0.0 3.3

July

0.0 1.1 0.3 2.5 0.2 3.9 0.1 3.3

August

0.0 1.4 0.3 2.8 0.2 3.9 0.0 3.0

September

0.2 1.9 0.4 3.1 0.5 3.9 0.5 3.0

October

0.4 2.2 0.4 3.1 0.5 4.1 0.7 3.2

November

-0.4 1.8 0.1 3.6 -0.3 3.6 -0.3 3.2

December

0.0 2.0 0.0 3.6 -0.3 3.2 -0.6 3.0

The March 2020 Consumer Price Index for the Los Angeles area is scheduled to be released on April 10, 2020.

Consumer Price Index Geographic Revision for 2018

In January 2018, BLS introduced a new geographic area sample for the Consumer Price Index (CPI). As part of the new sample, Los Angeles and Riverside have separate indexes. Additional information on the geographic revision is available at: www.bls.gov/cpi/additional-resources/geographic-revision-2018.htm.


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 93 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 29 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 75 urban areas across the country from about 5,000 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 (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-Long Beach-Anaheim. metropolitan area covered in this release is comprised of Los Angeles and Orange 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-Long Beach-Anaheim (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Dec.
2019
Jan.
2020
Feb.
2020
Feb.
2019
Dec.
2019
Jan.
2020

Expenditure category

All items

275.553 277.755 278.657 3.4 1.1 0.3

All items (1967=100)

814.106 820.612 823.275 - - -

Food and beverages

267.623 271.402 272.546 3.6 1.8 0.4

Food

269.400 272.904 274.138 4.0 1.8 0.5

Food at home

256.446 258.997 259.080 2.0 1.0 0.0

Cereals and bakery products

271.514 273.713 276.386 4.2 1.8 1.0

Meats, poultry, fish, and eggs

281.643 283.279 279.993 1.4 -0.6 -1.2

Dairy and related products

253.042 255.915 254.288 3.3 0.5 -0.6

Fruits and vegetables

342.395 346.423 352.276 5.8 2.9 1.7

Nonalcoholic beverages and beverage materials(1)

259.489 265.988 260.897 -3.7 0.5 -1.9

Other food at home

195.258 196.280 197.475 0.8 1.1 0.6

Food away from home

279.297 283.693 286.037 5.8 2.4 0.8

Food away from home

279.297 283.693 286.037 5.8 2.4 0.8

Alcoholic beverages

227.556 234.278 234.278 -2.3 3.0 0.0

Housing

319.257 320.216 321.211 3.8 0.6 0.3

Shelter

369.854 370.579 372.271 4.3 0.7 0.5

Rent of primary residence(2)

394.303 394.761 396.346 5.0 0.5 0.4

Owners' equiv. rent of residences(2)(3)

384.958 385.738 386.813 4.1 0.5 0.3

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

384.936 385.716 386.791 4.1 0.5 0.3

Fuels and utilities

331.851 338.513 335.785 3.3 1.2 -0.8

Household energy

283.097 293.308 289.442 4.0 2.2 -1.3

Energy services(2)

281.858 291.952 288.050 4.1 2.2 -1.3

Electricity(2)

330.012 335.880 336.323 5.8 1.9 0.1

Utility (piped) gas service(2)

220.806 240.913 227.580 -0.6 3.1 -5.5

Household furnishings and operations

118.839 118.740 118.423 -0.9 -0.4 -0.3

Apparel

106.453 112.147 114.583 6.8 7.6 2.2

Transportation

213.991 214.517 214.885 2.1 0.4 0.2

Private transportation

212.053 211.380 211.600 2.0 -0.2 0.1

New and used motor vehicles(4)

89.681 90.689 91.527 -0.3 2.1 0.9

New vehicles(1)

168.357 169.444 171.904 1.1 2.1 1.5

Used cars and trucks(1)

262.995 261.076 263.406 -1.5 0.2 0.9

Motor fuel

281.470 274.752 273.331 6.6 -2.9 -0.5

Gasoline (all types)

274.921 268.329 266.970 6.7 -2.9 -0.5

Gasoline, unleaded regular(4)

274.851 268.258 266.790 6.4 -2.9 -0.5

Gasoline, unleaded midgrade(4)(5)

265.897 259.489 258.470 7.2 -2.8 -0.4

Gasoline, unleaded premium(4)

263.520 257.222 256.459 7.1 -2.7 -0.3

Motor vehicle insurance(1)

782.920 782.920 786.324 1.5 0.4 0.4

Medical care

485.696 498.270 499.208 3.5 2.8 0.2

Recreation(6)

105.912 107.744 108.757 2.7 2.7 0.9

Education and communication(6)

149.031 149.118 149.002 1.7 0.0 -0.1

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

1,959.856 1,961.158 1,961.158 3.6 0.1 0.0

Other goods and services

447.306 449.830 446.751 2.6 -0.1 -0.7

Commodity and service group

All items

275.553 277.755 278.657 3.4 1.1 0.3

Commodities

182.787 184.534 185.266 2.5 1.4 0.4

Commodities less food & beverages

138.978 139.751 140.276 1.7 0.9 0.4

Nondurables less food & beverages

190.233 191.943 192.518 4.1 1.2 0.3

Durables

89.682 89.672 90.121 -2.2 0.5 0.5

Services

358.083 360.662 361.700 3.7 1.0 0.3

Special aggregate indexes

All items less medical care

266.331 268.151 269.046 3.4 1.0 0.3

All items less shelter

234.021 236.840 237.401 2.7 1.4 0.2

Commodities less food

143.044 144.030 144.540 1.6 1.0 0.4

Nondurables

230.114 232.872 233.736 3.9 1.6 0.4

Nondurables less food

194.864 196.962 197.500 3.7 1.4 0.3

Services less rent of shelter(3)

350.670 355.975 356.089 2.8 1.5 0.0

Services less medical care services

346.037 347.836 348.868 3.6 0.8 0.3

Energy

284.050 283.316 281.014 5.7 -1.1 -0.8

All items less energy

277.171 279.587 280.711 3.2 1.3 0.4

All items less food and energy

278.812 281.022 282.124 3.1 1.2 0.4

Footnotes
(1) Indexes on a December 1977=100 base.
(2) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(3) Indexes on a December 1982=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
(6) 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, March 11, 2020