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News Release Information

22-1647-SAN
Wednesday, August 10, 2022

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

Consumer Price Index, Riverside Area – July 2022

Area prices were up 1.1 percent over the past two months, up 9.2 percent from a year ago

Prices in the Riverside area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 1.1 percent for the two months ending in July 2022, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the July increase was influenced by higher prices for shelter and food. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U increased 9.2 percent. (See chart 1 and table A.) Food prices increased 10.7 percent. Energy prices advanced 31.3 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy rose 6.2 percent over the year. (See table 1.)

Chart 1. Over-the-year percent change in CPI-U, Riverside, July 2019-July 2022
Food

Food prices increased 2.8 percent for the two months ending in July. (See table 1.) Prices for food at home rose 3.2 percent, led by higher prices for cereals and bakery products (8.8 percent) and other food at home (4.9 percent). Prices for food away from home rose 2.2 percent for the same period.

Over the year, food prices increased 10.7 percent. Prices for food at home advanced 11.4 percent since a year ago, with price increases above ten percent in five of the six subcategories. Prices for food away from home rose 10.0 percent.

Energy

The energy index declined 1.5 percent for the two months ending in July. The decrease was mainly due to lower prices for electricity (-6.1 percent). Prices for natural gas service decreased 0.2 percent, but gasoline prices increased 0.1 percent for the same period.

Energy prices advanced 31.3 percent over the year, largely due to higher prices for gasoline (38.3 percent). Prices paid for natural gas service rose 17.4 percent, and prices for electricity rose 16.4 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 1.2 percent in the latest two-month period. Higher prices for new and used motor vehicles (2.3 percent), shelter (1.9 percent), and medical care (1.4 percent) were partially offset by lower prices for recreation (-1.0 percent) and other goods and services (-0.7 percent).

Over the year, the index for all items less food and energy rose 6.2 percent. Components contributing to the increase included apparel (11.3 percent), household furnishings and operations (9.4 percent), shelter (7.5 percent), and new and used motor vehicles (6.1 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
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

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

November

0.2 2.9 0.4 1.9 1.4 7.9

The September 2022 Consumer Price Index for the Riverside area is scheduled to be released on October 13, 2022.


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
May
2022
Jun.
2022
Jul.
2022
Jul.
2021
May
2022
Jun.
2022

Expenditure category

All items

123.893 - 125.262 9.2 1.1 -

Food and beverages

123.584 - 126.916 10.5 2.7 -

Food

124.181 - 127.666 10.7 2.8 -

Food at home

123.193 124.820 127.189 11.4 3.2 1.9

Cereals and bakery products

130.578 - 142.040 18.5 8.8 -

Meats, poultry, fish, and eggs

130.672 - 131.767 11.2 0.8 -

Dairy and related products

108.816 - 110.398 1.9 1.5 -

Fruits and vegetables

124.863 - 125.918 10.3 0.8 -

Nonalcoholic beverages and beverage materials

123.885 - 127.614 10.9 3.0 -

Other food at home

117.021 - 122.789 12.5 4.9 -

Food away from home

125.036 - 127.783 10.0 2.2 -

Alcoholic beverages

112.984 - 113.331 6.4 0.3 -

Housing

123.566 - 124.904 8.4 1.1 -

Shelter

120.506 121.651 122.825 7.5 1.9 1.0

Rent of primary residence

122.267 122.952 124.612 8.8 1.9 1.4

Owners' equiv. rent of residences

120.264 121.541 122.684 7.6 2.0 0.9

Owners' equiv. rent of primary residence

120.264 121.541 122.684 7.6 2.0 0.9

Fuels and utilities

148.807 - 144.056 13.5 -3.2 -

Household energy

159.371 158.395 152.199 17.7 -4.5 -3.9

Energy services

160.433 159.440 153.135 17.7 -4.5 -4.0

Electricity

155.388 146.135 145.903 16.4 -6.1 -0.2

Utility (piped) gas service

175.301 200.439 174.969 17.4 -0.2 -12.7

Household furnishings and operations

119.309 - 119.250 9.4 0.0 -

Apparel

106.720 - 110.420 11.3 3.5 -

Transportation

141.408 - 142.425 15.6 0.7 -

Private transportation

143.984 - 145.519 16.3 1.1 -

New and used motor vehicles

118.775 - 121.458 6.1 2.3 -

New vehicles

113.349 - 114.904 5.0 1.4 -

Used cars and trucks

150.296 - 154.960 7.4 3.1 -

Motor fuel

192.873 204.736 192.903 38.6 0.0 -5.8

Gasoline (all types)

192.832 204.719 192.960 38.3 0.1 -5.7

Gasoline, unleaded regular(1)

194.172 206.251 194.180 38.6 0.0 -5.9

Gasoline, unleaded midgrade(1)

191.966 203.699 192.476 37.3 0.3 -5.5

Gasoline, unleaded premium(1)

186.526 197.579 187.125 36.8 0.3 -5.3

Medical care

115.886 - 117.527 5.7 1.4 -

Recreation

106.500 - 105.453 1.2 -1.0 -

Education and communication

110.146 - 110.068 0.6 -0.1 -

Tuition, other school fees, and child care

120.390 - 121.248 1.6 0.7 -

Other goods and services

119.457 - 118.616 3.5 -0.7 -

Commodity and service group

All items

123.893 - 125.262 9.2 1.1 -

Commodities

127.796 - 129.680 12.8 1.5 -

Commodities less food & beverages

130.018 - 131.133 14.0 0.9 -

Nondurables less food & beverages

141.607 - 141.898 22.6 0.2 -

Durables

118.250 - 120.130 5.6 1.6 -

Services

121.527 - 122.563 7.0 0.9 -

Special aggregate indexes

All items less medical care

124.435 - 125.787 9.5 1.1 -

All items less shelter

125.835 - 126.691 10.1 0.7 -

Commodities less food

129.506 - 130.600 13.8 0.8 -

Nondurables

132.171 - 134.049 16.3 1.4 -

Nondurables less food

140.071 - 140.365 21.9 0.2 -

Services less rent of shelter

122.797 - 122.081 6.1 -0.6 -

Services less medical care services

121.722 - 122.732 7.1 0.8 -

Energy

181.002 188.080 178.323 31.3 -1.5 -5.2

All items less energy

118.800 - 120.540 6.8 1.5 -

All items less food and energy

117.956 - 119.407 6.2 1.2 -

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: Wednesday, August 10, 2022