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News Release Information

20-1719-SAN
Friday, September 11, 2020

Contacts

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

Consumer Price Index, Los Angeles area – August 2020

Area prices were up 0.1 percent over the past month, up 2.0 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), edged up 0.1 percent in August, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the August increase was influenced by higher prices for apparel 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 advanced 2.0 percent. (See chart 1 and table A.) The index for all items less food and energy increased 2.0 percent over the year. Food prices rose 4.9 percent. Energy prices decreased 4.5 percent, largely the result of a decrease in the price of gasoline. (See table 1.)

Food

Food prices advanced 0.2 percent for the month of August. (See table 1.) Prices for food at home increased 0.3 percent, largely due to meats, poultry, fish and eggs prices (1.6 percent), while prices for food away from home were unchanged for the same period.

Over the year, food prices rose 4.9 percent. Prices for food away from home advanced 5.6 percent since a year ago, and prices for food at home increased 4.2 percent, with meat, poultry, fish and eggs prices rising 8.1 percent.

Energy

The energy index advanced 1.3 percent over the month. The increase was mainly due to higher prices for gasoline (2.3 percent). Prices for electricity were unchanged, but prices for natural gas service decreased 0.3 percent for the same period.

Energy prices decreased 4.5 percent over the year, largely due to lower prices for gasoline (-11.6 percent). Prices paid for natural gas service jumped 13.1 percent, and prices for electricity advanced 6.5 percent during the past year.

All items less food and energy

The index for all items less food and energy was unchanged in August. Higher prices for used cars and trucks (5.7 percent), apparel (3.2 percent), and education and communication (0.5 percent) helped counter prices for other goods and services (-1.2 percent), medical care (-0.8 percent), and shelter (-0.1 percent).

Over the year, the index for all items less food and energy increased 2.0 percent. Components contributing to the increase included medical care (4.2 percent) and shelter (2.8 percent). Partly offsetting the increases was a price decrease in new and used motor vehicles (-1.9 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 -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

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 September 2020 Consumer Price Index for the Los Angeles area is scheduled to be released on October 13, 2020.

Coronavirus (COVID-19) Pandemic Impact on August 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 August 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-
Jun.
2020
Jul.
2020
Aug.
2020
Aug.
2019
Jun.
2020
Jul.
2020

Expenditure category

All items

278.121 279.899 280.116 2.0 0.7 0.1

All items (1967=100)

821.692 826.946 827.588 - - -

Food and beverages

279.880 279.461 280.291 5.0 0.1 0.3

Food

278.999 280.204 280.676 4.9 0.6 0.2

Food at home

265.933 265.709 266.554 4.2 0.2 0.3

Cereals and bakery products

279.137 275.677 276.742 1.8 -0.9 0.4

Meats, poultry, fish, and eggs

304.442 295.628 300.468 8.1 -1.3 1.6

Dairy and related products

254.502 256.966 258.292 3.1 1.5 0.5

Fruits and vegetables

355.139 363.937 358.768 3.2 1.0 -1.4

Nonalcoholic beverages and beverage materials(1)

271.228 264.679 265.168 2.7 -2.2 0.2

Other food at home

196.604 200.909 201.754 3.6 2.6 0.4

Food away from home

288.908 291.494 291.598 5.6 0.9 0.0

Alcoholic beverages

269.985 250.624 255.566 6.1 -5.3 2.0

Housing

324.922 326.919 326.442 2.9 0.5 -0.1

Shelter

375.172 377.002 376.498 2.8 0.4 -0.1

Rent of primary residence(2)

399.973 400.287 399.595 3.1 -0.1 -0.2

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

391.458 392.021 392.128 3.0 0.2 0.0

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

391.436 391.998 392.106 3.0 0.2 0.0

Fuels and utilities

349.898 356.211 355.981 7.1 1.7 -0.1

Household energy

307.227 308.821 308.539 8.1 0.4 -0.1

Energy services(2)

305.967 307.536 307.244 8.2 0.4 -0.1

Electricity(2)

344.110 347.185 347.185 6.5 0.9 0.0

Utility (piped) gas service(2)

268.666 267.355 266.427 13.1 -0.8 -0.3

Household furnishings and operations

121.428 122.514 122.081 0.4 0.5 -0.4

Apparel

104.058 105.437 108.784 0.8 4.5 3.2

Transportation

199.707 202.731 203.755 -4.8 2.0 0.5

Private transportation

198.058 201.397 202.833 -4.1 2.4 0.7

New and used motor vehicles(4)

89.615 89.794 89.904 -1.9 0.3 0.1

New vehicles(1)

171.152 170.138 169.966 0.8 -0.7 -0.1

Used cars and trucks(1)

261.205 269.844 285.349 3.1 9.2 5.7

Motor fuel

228.537 238.014 243.443 -11.6 6.5 2.3

Gasoline (all types)

223.166 232.451 237.788 -11.6 6.6 2.3

Gasoline, unleaded regular(4)

222.328 231.515 236.984 -11.9 6.6 2.4

Gasoline, unleaded midgrade(4)(5)

215.821 224.835 230.383 -11.6 6.7 2.5

Gasoline, unleaded premium(4)

218.181 227.498 232.088 -9.9 6.4 2.0

Motor vehicle insurance(1)

768.278 786.324 786.324 1.5 2.3 0.0

Medical care

506.888 511.623 507.625 4.2 0.1 -0.8

Recreation(6)

106.313 105.458 105.364 1.0 -0.9 -0.1

Education and communication(6)

148.297 150.956 151.748 1.9 2.3 0.5

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

1,969.840 1,969.854 1,984.396 1.7 0.7 0.7

Other goods and services

460.930 459.519 453.984 1.7 -1.5 -1.2

Commodity and service group

All items

278.121 279.899 280.116 2.0 0.7 0.1

Commodities

182.603 183.933 185.074 0.8 1.4 0.6

Commodities less food & beverages

133.148 135.234 136.484 -2.8 2.5 0.9

Nondurables less food & beverages

177.915 181.290 183.102 -3.9 2.9 1.0

Durables

89.304 90.243 90.972 -1.2 1.9 0.8

Services

363.293 365.455 364.748 2.6 0.4 -0.2

Special aggregate indexes

All items less medical care

268.222 269.884 270.249 1.9 0.8 0.1

All items less shelter

235.405 237.153 237.676 1.5 1.0 0.2

Commodities less food

138.862 140.211 141.600 -2.2 2.0 1.0

Nondurables

230.067 231.556 232.884 1.3 1.2 0.6

Nondurables less food

186.476 188.202 190.263 -2.9 2.0 1.1

Services less rent of shelter(3)

355.848 358.530 357.515 2.3 0.5 -0.3

Services less medical care services

349.903 351.878 351.370 2.3 0.4 -0.1

Energy

258.193 264.930 268.363 -4.5 3.9 1.3

All items less energy

281.664 283.124 283.128 2.5 0.5 0.0

All items less food and energy

282.329 283.839 283.752 2.0 0.5 0.0

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: Friday, September 11, 2020