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News Release Information

24-2131-SAN
Thursday, October 10, 2024

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

Consumer Price Index, Los Angeles area — September 2024

Area prices were up 0.2 percent over the past month, up 2.8 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.2 percent in September, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the September increase was influenced by higher prices for food and new and used motor vehicles. (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 2.8 percent. (See chart 1 and table A.) Food prices advanced 3.4 percent. Energy prices declined 13.2 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy increased 4.1 percent over the year. (See table 1.)

Food

Food prices advanced 0.6 percent for the month of September. (See table 1.) Prices for food at home increased 0.8 percent, due to higher prices for fruits and vegetables (4.8 percent) and meats, poultry, fish, and eggs (1.5 percent). Prices for food away from home rose 0.4 percent for the same period.

Over the year, food prices advanced 3.4 percent. Prices for food at home advanced 2.1 percent since a year ago, led by higher prices for meats, poultry, fish, and eggs (6.6 percent). Overall, prices rose in five of the six grocery categories. Prices for food away from home rose 4.8 percent.

Energy

The energy index advanced 0.2 percent over the month. The increase was mainly due to higher prices for gasoline (0.4 percent). Prices for electricity were unchanged, while prices for natural gas service decreased 0.3 percent for the same period.

Energy prices declined 13.2 percent over the year, largely due to lower prices for gasoline (-20.7 percent). Prices paid for natural gas service decreased 10.0 percent, while prices for electricity increased 0.6 percent during the past year.

All items less food and energy

The index for all items less food and energy advanced 0.2 percent in September. Higher prices for apparel (2.5 percent) and new and used motor vehicles (1.5 percent) were partially offset by lower prices for medical care (-0.6 percent) and shelter (-0.2 percent).

Over the year, the index for all items less food and energy increased 4.1 percent. Components contributing to the increase included medical care (7.7 percent) and shelter (4.7 percent). Partly offsetting the increases were price decreases in recreation (-1.6 percent) and new and used motor vehicles (-0.2 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 2020 2021 2022 2023 2024
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.8 3.1 0.2 0.9 1.1 7.5 1.9 5.8 1.0 2.5

February

0.3 3.4 0.4 1.0 0.3 7.4 -0.3 5.1 0.5 3.4

March

-0.7 1.9 0.5 2.2 1.5 8.5 0.1 3.7 0.7 4.0

April

-0.3 0.7 1.1 3.6 0.5 7.9 0.7 3.8 0.6 3.9

May

0.4 0.9 0.6 3.9 0.8 8.0 0.1 3.2 0.1 3.9

June

0.5 1.4 0.6 4.0 1.1 8.6 0.5 2.5 -0.2 3.2

July

0.6 1.9 0.6 3.9 -0.2 7.7 0.0 2.7 0.2 3.4

August

0.1 2.0 0.2 4.0 0.1 7.6 0.7 3.3 0.1 2.9

September

-0.3 1.2 0.3 4.6 0.5 7.8 0.3 3.2 0.2 2.8

October

0.2 0.7 0.9 5.4 0.6 7.5 -0.1 2.4

November

0.1 1.0 0.6 6.0 -0.8 6.0 -0.4 2.8

December

-0.2 1.5 0.4 6.6 -0.6 4.9 0.0 3.5

The October 2024 Consumer Price Index for the Los Angeles area is scheduled to be released on November 13, 2024.


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 Consumer Price Index for Los Angeles is published monthly. The set of components and sub-aggregates published for regional and metropolitan indexes is more limited than at the U.S. city average level; these indexes are byproducts of the national CPI program. Each local index has a much smaller sample size than the national or regional indexes and is, therefore, subject to substantially more sampling and other measurement error. As a result, local-area indexes are more volatile than the national or regional indexes. In addition, local indexes are not adjusted for seasonal influences. 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, CA Core Based Statistical Area includes Los Angeles and Orange Counties in California.

Refer to the national CPI news release technical note or the Handbook of Methods for more information.

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

Los Angeles-Long Beach-Anaheim (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Historical
data
Jul.
2024
Aug.
2024
Sep.
2024
Sep.
2023
Jul.
2024
Aug.
2024

Expenditure category

All items

332.928 333.359 334.123 2.8 0.4 0.2

All items (1967=100)

983.616 984.889 987.147 - - -

Food and beverages

337.127 337.593 339.387 3.1 0.7 0.5

Food

339.651 340.205 342.150 3.4 0.7 0.6

Food at home

318.628 320.037 322.561 2.1 1.2 0.8

Cereals and bakery products

341.760 344.645 341.141 -1.7 -0.2 -1.0

Meats, poultry, fish, and eggs

355.284 357.951 363.435 6.6 2.3 1.5

Dairy and related products

300.092 304.786 303.643 1.3 1.2 -0.4

Fruits and vegetables

404.396 400.070 419.455 2.2 3.7 4.8

Nonalcoholic beverages and beverage materials(1)

294.232 300.188 298.498 0.1 1.4 -0.6

Other food at home

263.174 263.081 260.715 1.3 -0.9 -0.9

Food away from home

358.686 358.273 359.542 4.8 0.2 0.4

Alcoholic beverages

280.061 279.126 278.483 -2.2 -0.6 -0.2

Housing

384.559 385.413 385.198 4.2 0.2 -0.1

Shelter

442.490 443.826 443.082 4.7 0.1 -0.2

Rent of primary residence(2)

467.990 469.096 470.122 4.6 0.5 0.2

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

459.086 460.341 460.540 5.0 0.3 0.0

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

459.060 460.315 460.514 5.0 0.3 0.0

Fuels and utilities

482.383 483.364 483.048 3.2 0.1 -0.1

Household energy

415.012 415.114 414.717 -1.8 -0.1 -0.1

Energy services(2)

413.420 413.511 413.158 -1.8 -0.1 -0.1

Electricity(2)

490.758 490.679 490.626 0.6 0.0 0.0

Utility (piped) gas service(2)

295.848 296.299 295.293 -10.0 -0.2 -0.3

Household furnishings and operations

128.799 127.973 129.511 -0.2 0.6 1.2

Apparel

118.044 121.681 124.739 1.8 5.7 2.5

Transportation

269.571 267.380 269.876 -1.0 0.1 0.9

Private transportation

272.088 269.340 271.598 -1.3 -0.2 0.8

New and used motor vehicles(4)

110.712 109.425 111.031 -0.2 0.3 1.5

New vehicles(1)

191.569 191.152 191.352 -2.3 -0.1 0.1

Used cars and trucks(1)

344.608 342.987 341.642 -4.5 -0.9 -0.4

Motor fuel

354.443 344.816 346.131 -20.7 -2.3 0.4

Gasoline (all types)

345.473 336.083 337.383 -20.7 -2.3 0.4

Gasoline, unleaded regular(4)

345.558 335.970 337.319 -21.0 -2.4 0.4

Gasoline, unleaded midgrade(4)(5)

331.239 322.562 323.757 -20.3 -2.3 0.4

Gasoline, unleaded premium(4)

333.101 324.718 325.798 -19.6 -2.2 0.3

Medical care

592.969 591.787 588.494 7.7 -0.8 -0.6

Recreation(6)

121.592 122.005 123.403 -1.6 1.5 1.1

Education and communication(6)

160.733 161.702 161.704 1.7 0.6 0.0

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

2,316.780 2,336.334 2,339.901 1.9 1.0 0.2

Other goods and services

540.020 541.422 538.001 1.6 -0.4 -0.6

Commodity and service group

All items

332.928 333.359 334.123 2.8 0.4 0.2

Commodities

216.573 216.614 217.593 -1.7 0.5 0.5

Commodities less food & beverages

157.442 157.308 157.910 -4.7 0.3 0.4

Nondurables less food & beverages

220.300 221.020 221.939 -7.2 0.7 0.4

Durables

99.474 98.884 99.222 -2.7 -0.3 0.3

Services

436.796 437.591 438.132 5.2 0.3 0.1

Special aggregate indexes

All items less medical care

321.609 322.097 323.007 2.5 0.4 0.3

All items less shelter

284.266 284.270 285.761 1.5 0.5 0.5

Commodities less food

162.700 162.545 163.125 -4.6 0.3 0.4

Nondurables

279.864 280.455 281.819 -1.6 0.7 0.5

Nondurables less food

226.847 227.477 228.315 -6.9 0.6 0.4

Services less rent of shelter(3)

440.527 440.439 443.129 6.0 0.6 0.6

Services less medical care services

421.710 422.746 423.315 5.0 0.4 0.1

Energy

380.754 374.923 375.567 -13.2 -1.4 0.2

All items less energy

332.087 332.847 333.621 4.0 0.5 0.2

All items less food and energy

330.897 331.692 332.264 4.1 0.4 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, October 10, 2024