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News Release Information

20-2120-SAN
Thursday, November 12, 2020

Contacts

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

Consumer Price Index, Los Angeles area – October 2020

Area prices were up 0.2 percent over the past month, up 0.7 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), crept up 0.2 percent in October, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the October increase was influenced by higher prices for food and recreation. (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 0.7 percent. (See chart 1 and table A.) The index for all items less food and energy increased 1.2 percent over the year. Food prices rose 4.5 percent. Energy prices fell 13.2 percent, largely the result of a decrease in the price of gasoline. (See table 1.)

Food

Food prices rose 0.5 percent for the month of October. (See table 1.) Prices for food at home rose 0.9 percent, and prices for food away from home crept up 0.2 percent for the same period.

Over the year, food prices rose 4.5 percent. Prices for food at home rose 3.9 percent, influenced by higher prices for meats, poultry, fish, and eggs (6.2 percent). Prices for food away from home rose 5.2 percent since a year ago.

Energy

The energy index rose 0.5 percent over the month. The increase was mainly due to higher prices for electricity (4.1 percent). Prices for natural gas service advanced 0.8 percent, but prices for gasoline declined 1.3 percent for the same period.

Energy prices fell 13.2 percent over the year, largely due to lower prices for gasoline (-24.4 percent). Meanwhile, prices paid for natural gas service jumped 11.7 percent, and prices for electricity increased 9.1 percent during the past year.

All items less food and energy

The index for all items less food and energy edged up 0.1 percent in October. Higher prices for other goods and services (1.6 percent) and recreation (1.4 percent) were partially offset by lower prices for new vehicles (-1.7 percent), apparel (-1.7 percent) and medical care (-0.5 percent).

Over the year, the index for all items less food and energy increased 1.2 percent. Components contributing to the increase included medical care (4.6 percent) and shelter (1.9 percent). Partly offsetting the increases were price decreases in new and used motor vehicles (-3.9 percent), recreation (-2.5 percent), and household furnishings and operations (-1.8 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 -0.7 1.9

April

0.2 2.0 0.2 2.7 0.4 4.0 1.0 3.3 -0.3 0.7

May

0.5 1.4 0.3 2.5 0.4 4.1 0.2 3.1 0.4 0.9

June

0.1 1.8 -0.2 2.2 -0.2 4.0 0.0 3.3 0.5 1.4

July

0.0 1.1 0.3 2.5 0.2 3.9 0.1 3.3 0.6 1.9

August

0.0 1.4 0.3 2.8 0.2 3.9 0.0 3.0 0.1 2.0

September

0.2 1.9 0.4 3.1 0.5 3.9 0.5 3.0 -0.3 1.2

October

0.4 2.2 0.4 3.1 0.5 4.1 0.7 3.2 0.2 0.7

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 November 2020 Consumer Price Index for the Los Angeles area is scheduled to be released on December 10, 2020.

Coronavirus (COVID-19) Pandemic Impact on October 2020 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 October 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 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-
Aug.
2020
Sep.
2020
Oct.
2020
Oct.
2019
Aug.
2020
Sep.
2020

Expenditure category

All items

280.116 279.366 279.947 0.7 -0.1 0.2

All items (1967=100)

827.588 825.370 827.088 - - -

Food and beverages

280.291 280.194 281.665 4.8 0.5 0.5

Food

280.676 280.609 282.121 4.5 0.5 0.5

Food at home

266.554 264.757 267.182 3.9 0.2 0.9

Cereals and bakery products

276.742 279.528 280.215 1.4 1.3 0.2

Meats, poultry, fish, and eggs

300.468 293.475 297.874 6.2 -0.9 1.5

Dairy and related products

258.292 264.571 257.931 3.5 -0.1 -2.5

Fruits and vegetables

358.768 358.118 364.104 4.8 1.5 1.7

Nonalcoholic beverages and beverage materials(1)

265.168 263.847 264.366 4.4 -0.3 0.2

Other food at home

201.754 198.226 202.108 1.9 0.2 2.0

Food away from home

291.598 293.217 293.824 5.2 0.8 0.2

Alcoholic beverages

255.566 255.132 256.017 7.7 0.2 0.3

Housing

326.442 325.431 325.723 2.0 -0.2 0.1

Shelter

376.498 375.451 375.196 1.9 -0.3 -0.1

Rent of primary residence(2)

399.595 399.559 399.028 1.8 -0.1 -0.1

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

392.128 391.998 391.973 2.5 0.0 0.0

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

392.106 391.975 391.950 2.5 0.0 0.0

Fuels and utilities

355.981 355.796 363.872 7.7 2.2 2.3

Household energy

308.539 308.311 318.229 9.6 3.1 3.2

Energy services(2)

307.244 307.037 316.915 9.7 3.1 3.2

Electricity(2)

347.185 346.838 361.126 9.1 4.0 4.1

Utility (piped) gas service(2)

266.427 266.479 268.634 11.7 0.8 0.8

Household furnishings and operations

122.081 120.996 120.701 -1.8 -1.1 -0.2

Apparel

108.784 112.550 110.685 1.2 1.7 -1.7

Transportation

203.755 203.106 203.415 -9.6 -0.2 0.2

Private transportation

202.833 201.449 199.929 -10.2 -1.4 -0.8

New and used motor vehicles(4)

89.904 88.250 87.585 -3.9 -2.6 -0.8

New vehicles(1)

169.966 169.256 166.373 -1.2 -2.1 -1.7

Used cars and trucks(1)

285.349 290.562 293.357 10.6 2.8 1.0

Motor fuel

243.443 245.315 242.042 -24.3 -0.6 -1.3

Gasoline (all types)

237.788 239.630 236.445 -24.4 -0.6 -1.3

Gasoline, unleaded regular(4)

236.984 238.628 235.584 -24.8 -0.6 -1.3

Gasoline, unleaded midgrade(4)(5)

230.383 232.920 229.142 -23.8 -0.5 -1.6

Gasoline, unleaded premium(4)

232.088 234.518 231.003 -22.3 -0.5 -1.5

Motor vehicle insurance(1)

786.324 763.114 768.182 -1.9 -2.3 0.7

Medical care

507.625 509.253 506.799 4.6 -0.2 -0.5

Recreation(6)

105.364 103.605 105.041 -2.5 -0.3 1.4

Education and communication(6)

151.748 150.811 151.505 1.6 -0.2 0.5

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

1,984.396 1,970.899 1,968.838 0.5 -0.8 -0.1

Other goods and services

453.984 442.513 449.762 2.0 -0.9 1.6

Commodity and service group

All items

280.116 279.366 279.947 0.7 -0.1 0.2

Commodities

185.074 185.529 185.088 -1.7 0.0 -0.2

Commodities less food & beverages

136.484 137.177 135.880 -6.7 -0.4 -0.9

Nondurables less food & beverages

183.102 183.867 181.569 -10.2 -0.8 -1.2

Durables

90.972 91.562 91.132 -0.6 0.2 -0.5

Services

364.748 362.827 364.403 1.8 -0.1 0.4

Special aggregate indexes

All items less medical care

270.249 269.419 270.104 0.4 -0.1 0.3

All items less shelter

237.676 237.055 237.989 -0.2 0.1 0.4

Commodities less food

141.600 142.258 141.028 -5.9 -0.4 -0.9

Nondurables

232.884 233.221 232.803 -1.9 0.0 -0.2

Nondurables less food

190.263 190.947 188.862 -8.7 -0.7 -1.1

Services less rent of shelter(3)

357.515 354.295 358.643 1.6 0.3 1.2

Services less medical care services

351.370 349.322 351.024 1.4 -0.1 0.5

Energy

268.363 269.500 270.903 -13.2 0.9 0.5

All items less energy

283.128 282.244 282.775 1.7 -0.1 0.2

All items less food and energy

283.752 282.712 283.055 1.2 -0.2 0.1

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, November 12, 2020