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errata

Index and average price data for electricity in Riverside for May through November 2022 were incorrectly published in the database. The error also includes related aggregate data within Riverside and related areas. A list of affected series and the corrected indexes and average price values will be provided when they are available.

News Release Information

23-303-SAN
Tuesday, February 14, 2023

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

Consumer Price Index, Riverside Area — January 2023

Area prices were up 1.3 percent over the past two months, up 7.3 percent from a year ago

Prices in the Riverside area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 1.3 percent for the two months ending in January 2023, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the January increase was influenced by higher prices for natural gas service. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U advanced 7.3 percent. (See chart 1 and table A.) Food prices advanced 9.8 percent. Energy prices increased 15.3 percent, largely the result of an increase in the price of natural gas service. The index for all items less food and energy rose 6.3 percent over the year. (See table 1.)

Food

Food prices increased 1.2 percent for the two months ending in January. (See table 1.) Prices for food at home rose 1.0 percent, with higher prices in five of the six grocery categories. Prices for food away from home rose 1.9 percent for the same period.

Over the year, food prices increased 9.8 percent. Prices for food at home rose 8.9 percent since a year ago. Price increases across food at home expenditure categories ranged from 6.5 percent for other food at home to 15.7 percent for cereals and bakery products. Prices for food away from home advanced 11.6 percent.

Energy

The energy index increased 5.1 percent for the two months ending in January. The increase was mainly due to higher prices for natural gas service (161.0 percent). Prices for electricity rose 8.4 percent, but prices for gasoline decreased 16.3 percent for the same period.

Energy prices increased 15.3 percent over the year, largely due to higher prices for natural gas service (135.7 percent). Prices paid for electricity advanced 15.5 percent, but prices for gasoline declined 4.6 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 1.3 percent in the latest two-month period. Higher prices for apparel (6.5 percent), household furnishing and operations (3.0 percent), new vehicles (2.0 percent), and shelter (1.0 percent) were partially offset by lower prices for used cars and trucks (-3.7 percent) and education and communication (-0.7 percent).

Over the year, the index for all items less food and energy rose 6.3 percent. Components contributing to the increase included shelter (8.3 percent) and medical care (6.2 percent). Partly offsetting the increases was a price decrease in used cars and trucks (-10.0 percent).

Table A. Riverside-San Bernardino-Ontario, CA, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2019 2020 2021 2022 2023
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

January

0.4 3.0 0.5 3.0 0.9 2.2 1.5 8.6 1.3 7.3

March

0.7 2.8 0.0 2.3 1.3 3.6 2.7 10.0

May

1.2 2.9 -0.2 0.9 2.0 5.9 1.4 9.4

July

-0.1 2.6 0.7 1.7 1.3 6.5 1.1 9.2

September

0.6 3.1 0.5 1.7 0.8 6.8 0.0 8.4

November

0.2 2.9 0.4 1.9 1.4 7.9 0.6 7.5

The March 2023 Consumer Price Index for the Riverside area is scheduled to be released on April 12, 2023.


Technical Note

The Consumer Price Index (CPI) is a measures 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 U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. 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 6,000 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; for most of the CPI-U the reference base is 1982-84 equals 100. An increase of 7 percent from the reference base, for example, is shown as 107.000.  Alternatively, that relationship can also be expressed as the price of a base period market basket of goods and services rising from $100 to $107. For further details see the CPI home page on the Internet at www.bls.gov/cpi and the CPI section of the BLS Handbook of Methods available on the internet at www.bls.gov/opub/hom/cpi/.

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 Riverside-San Bernardino-Ontario, CA metropolitan area includes Riverside and San Bernardino Counties in 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

Riverside-San Bernardino-Ontario (December 2017=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Historical
data
Nov.
2022
Dec.
2022
Jan.
2023
Jan.
2022
Nov.
2022
Dec.
2022

Expenditure category

All items

125.983 - 127.683 7.3 1.3 -

Food and beverages

129.009 - 130.546 9.5 1.2 -

Food

129.961 - 131.581 9.8 1.2 -

Food at home

129.287 131.254 130.619 8.9 1.0 -0.5

Cereals and bakery products

143.437 - 147.329 15.7 2.7 -

Meats, poultry, fish, and eggs

130.071 - 132.066 9.9 1.5 -

Dairy and related products

120.689 - 113.252 6.7 -6.2 -

Fruits and vegetables

133.416 - 134.208 7.5 0.6 -

Nonalcoholic beverages and beverage materials

128.530 - 129.059 7.8 0.4 -

Other food at home

122.328 - 125.410 6.5 2.5 -

Food away from home

130.346 - 132.851 11.6 1.9 -

Alcoholic beverages

111.505 - 111.419 2.7 -0.1 -

Housing

128.223 - 133.636 10.4 4.2 -

Shelter

126.207 126.561 127.507 8.3 1.0 0.7

Rent of primary residence

131.056 131.647 133.075 11.5 1.5 1.1

Owners' equiv. rent of residences

124.985 125.391 126.470 7.7 1.2 0.9

Owners' equiv. rent of primary residence

124.985 125.391 126.470 7.7 1.2 0.9

Fuels and utilities

147.677 - 191.979 30.7 30.0 -

Household energy

157.291 166.439 226.821 47.4 44.2 36.3

Energy services

158.319 167.538 229.534 48.3 45.0 37.0

Electricity

160.027 162.521 173.544 15.5 8.4 6.8

Utility (piped) gas service

151.841 182.269 396.247 135.7 161.0 117.4

Household furnishings and operations

121.642 - 125.352 5.4 3.0 -

Apparel

107.108 - 114.114 10.3 6.5 -

Transportation

135.501 - 129.931 1.1 -4.1 -

Private transportation

138.066 - 132.230 0.6 -4.2 -

New and used motor vehicles

117.932 - 118.696 0.5 0.6 -

New vehicles

114.313 - 116.572 3.2 2.0 -

Used cars and trucks

140.418 - 135.154 -10.0 -3.7 -

Motor fuel

172.425 145.605 144.532 -4.2 -16.2 -0.7

Gasoline (all types)

172.197 145.219 144.153 -4.6 -16.3 -0.7

Gasoline, unleaded regular(1)

173.020 145.510 144.495 -4.8 -16.5 -0.7

Gasoline, unleaded midgrade(1)

172.488 146.446 144.917 -4.3 -16.0 -1.0

Gasoline, unleaded premium(1)

168.045 143.350 142.125 -3.7 -15.4 -0.9

Medical care

120.732 - 121.020 6.2 0.2 -

Recreation

107.934 - 109.273 6.9 1.2 -

Education and communication

112.090 - 111.360 3.3 -0.7 -

Tuition, other school fees, and child care

125.658 - 125.658 4.5 0.0 -

Other goods and services

121.104 - 121.185 3.3 0.1 -

Commodity and service group

All items

125.983 - 127.683 7.3 1.3 -

Commodities

126.693 - 124.776 3.7 -1.5 -

Commodities less food & beverages

125.446 - 121.681 0.7 -3.0 -

Nondurables less food & beverages

133.701 - 124.947 1.9 -6.5 -

Durables

116.842 - 117.815 -0.4 0.8 -

Services

125.707 - 129.842 9.8 3.3 -

Special aggregate indexes

All items less medical care

126.347 - 128.151 7.4 1.4 -

All items less shelter

125.970 - 127.872 6.8 1.5 -

Commodities less food

125.015 - 121.347 0.7 -2.9 -

Nondurables

131.226 - 127.855 5.8 -2.6 -

Nondurables less food

132.494 - 124.190 1.9 -6.3 -

Services less rent of shelter

124.857 - 132.962 11.7 6.5 -

Services less medical care services

125.764 - 130.380 10.1 3.7 -

Energy

167.386 153.994 175.886 15.3 5.1 14.2

All items less energy

122.322 - 123.884 6.8 1.3 -

All items less food and energy

121.105 - 122.657 6.3 1.3 -

Footnotes
(1) Special index based on a substantially smaller sample.

- Data not available
NOTE: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Tuesday, February 14, 2023