News Release Information

18-758-SAN
Thursday, May 10, 2018

Contacts

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

Consumer Price Index, Los Angeles area — April 2018

Area prices were up 0.4 percent over the past month, up 4.0 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose 0.4 percent in April, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the April 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 rose 4.0 percent. (See chart 1 and table A.) Energy prices jumped 11.5 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy increased 3.7 percent over the year. (See table 1.)

Food

Food prices increased 0.7 percent for the month of April. (See table 1.) Prices for food at home increased 0.8 percent, and prices for food away from home rose 0.6 percent for the same period.

Over the year, food prices rose 2.4 percent. Prices for food away from home rose 3.6 percent since a year ago, and prices for food at home rose 1.4 percent.

Energy

The energy index increased 1.8 percent over the month. The increase was mainly due to higher prices for gasoline (3.6 percent). Prices for natural gas service decreased 6.5 percent, and prices for electricity declined 0.4 percent for the same period.

Energy prices jumped 11.5 percent over the year, largely due to higher prices for gasoline (18.7 percent). Prices paid for electricity advanced 2.5 percent, but prices for natural gas service dropped 10.1 percent during the past year.

All items less food and energy

The index for all items less food and energy edged up 0.2 percent in April. Higher prices for shelter (0.7 percent) and new vehicles (0.6 percent) were partially offset by lower prices for recreation (-2.9 percent) and apparel (-0.7 percent).

Over the year, the index for all items less food and energy increased 3.7 percent. Components contributing to the increase included shelter (5.3 percent) and apparel (4.9 percent). Partly offsetting these increases was a price decline in recreation (-2.8 percent).

Table A. Los Angeles-Long Beach-Anaheim CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2013 2014 2015 2016 2017 2018
Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual

January

0.8 2.0 0.5 0.8 -0.3 -0.1 0.7 3.1 0.9 2.1 0.8 3.5

February

0.7 2.2 0.5 0.5 0.7 0.1 0.0 2.4 0.6 2.7  0.7  3.6

March

0.1 1.3 0.6 1.0 1.0 0.5 0.3 1.7 0.3 2.7  0.4  3.8

April

-0.4 0.9 0.0 1.4 -0.1 0.5 0.2 2.0 0.2 2.7  0.4 4.0

May

0.1 1.0 0.4 1.7 1.0 1.1 0.5 1.4 0.3 2.5    

June

-0.1 1.4 0.1 1.8 -0.3 0.8 0.1 1.8 -0.2 2.2    

July

-0.1 1.3 0.1 2.0 0.7 1.4 0.0 1.1 0.3 2.5    

August

0.1 0.8 -0.1 1.8 -0.3 1.1 0.0 1.4 0.3 2.8    

September

0.2 0.6 0.0 1.7 -0.4 0.7 0.2 1.9 0.4 3.1    

October

0.1 -0.1 -0.1 1.4 0.2 1.0 0.4 2.2 0.4 3.1    

November

-0.5 0.4 -0.7 1.3 0.0 1.6 -0.4 1.8 0.1 3.6    

December

0.0 1.1 -0.5 0.7 -0.1 2.0 0.0 2.0 0.0 3.6    

The May 2018 Consumer Price Index for the Los Angeles-Long Beach-Anaheim area is scheduled to be released on June 12, 2018.

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. The first indexes using the new structure are published for the first time this month. Additional information on the geographic revision is available at: www.bls.gov/cpi/georevision2018.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-
Feb.
2018
Mar.
2018
Apr.
2018
Apr.
2017
Feb.
2018
Mar.
2018

Expenditure category

All items

263.012 264.158 265.095 4.0 0.8 0.4

All items (1967=100)

777.054 780.441 783.207 - - -

Food and beverages

257.405 258.222 260.079 2.3 1.0 0.7

Food

257.827 258.777 260.623 2.4 1.1 0.7

Food at home

253.747 255.143 257.249 1.4 1.4 0.8

Cereals and bakery products

258.340 264.806 262.157 - 1.5 -1.0

Meats, poultry, fish, and eggs

272.744 273.788 280.771 - 2.9 2.6

Dairy and related products

240.785 240.792 243.081 - 1.0 1.0

Fruits and vegetables

347.056 340.905 344.170 - -0.8 1.0

Nonalcoholic beverages and beverage materials(1)

256.499 256.945 259.957 - 1.3 1.2

Other food at home

201.782 206.279 205.510 - 1.8 -0.4

Food away from home

258.638 259.111 260.662 3.6 0.8 0.6

Food away from home

258.638 259.111 260.662 3.6 0.8 0.6

Alcoholic beverages

236.063 235.057 236.947 -0.2 0.4 0.8

Housing

295.865 297.597 299.048 4.5 1.1 0.5

Shelter

339.782 342.368 344.663 5.3 1.4 0.7

Rent of primary residence(2)

357.582 360.197 361.853 5.1 1.2 0.5

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

353.332 355.109 357.725 5.2 1.2 0.7

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

353.312 355.088 357.704 5.2 1.2 0.7

Fuels and utilities

316.214 313.553 309.868 1.2 -2.0 -1.2

Household energy

269.354 266.350 261.504 -0.7 -2.9 -1.8

Energy services(2)

268.008 264.960 260.036 -0.6 -3.0 -1.9

Electricity(2)

314.409 314.409 313.199 2.5 -0.4 -0.4

Utility (piped) gas service(2)

208.717 199.139 186.105 -10.1 -10.8 -6.5

Household furnishings and operations

117.688 117.664 117.630 0.2 0.0 0.0

Apparel

111.522 115.021 114.195 4.9 2.4 -0.7

Transportation

210.627 210.389 213.267 7.4 1.3 1.4

Private transportation

206.780 207.223 209.653 8.6 1.4 1.2

New and used motor vehicles(4)

92.700 91.964 92.077 - -0.7 0.1

New vehicles(1)

170.211 168.677 169.728 - -0.3 0.6

Used cars and trucks(1)

266.071 269.645 268.930 - 1.1 -0.3

Motor fuel

262.851 267.930 277.701 18.9 5.6 3.6

Gasoline (all types)

256.766 261.783 271.328 18.7 5.7 3.6

Gasoline, unleaded regular(4)

257.233 262.317 271.996 18.8 5.7 3.7

Gasoline, unleaded midgrade(4)(5)

246.483 251.497 260.162 18.8 5.5 3.4

Gasoline, unleaded premium(4)

245.261 249.697 258.276 18.1 5.3 3.4

Motor vehicle insurance(1)

748.204 748.204 748.204 - 0.0 0.0

Medical care

474.901 479.468 478.342 2.3 0.7 -0.2

Recreation(6)

108.050 107.255 104.097 -2.8 -3.7 -2.9

Education and communication(6)

144.182 143.910 143.872 1.3 -0.2 0.0

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

1,775.997 1,775.997 1,775.946 - 0.0 0.0

Other goods and services

426.575 426.264 428.541 4.4 0.5 0.5

Commodity and service group

All items

263.012 264.158 265.095 4.0 0.8 0.4

Commodities

180.711 181.734 183.180 3.8 1.4 0.8

Commodities less food & beverages

140.115 141.151 142.349 4.8 1.6 0.8

Nondurables less food & beverages

189.149 192.270 194.773 9.0 3.0 1.3

Durables

92.618 91.866 91.917 -1.9 -0.8 0.1

Services

336.286 337.544 338.034 4.1 0.5 0.1

Special aggregate indexes

All items less medical care

253.782 254.794 255.804 4.1 0.8 0.4

All items less shelter

229.387 229.885 230.208 3.1 0.4 0.1

Commodities less food

144.387 145.383 146.614 4.6 1.5 0.8

Nondurables

224.821 226.959 229.225 5.4 2.0 1.0

Nondurables less food

194.286 197.226 199.730 8.3 2.8 1.3

Services less rent of shelter(3)

340.340 339.702 337.602 2.3 -0.8 -0.6

Services less medical care services

324.337 325.325 326.005 4.3 0.5 0.2

Energy

266.998 269.295 274.038 11.5 2.6 1.8

All items less energy

264.830 265.909 266.600 3.5 0.7 0.3

All items less food and energy

266.332 267.434 267.945 3.7 0.6 0.2

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: Thursday, May 10, 2018