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News Release Information

22-2003-SAN
Thursday, October 13, 2022

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

Consumer Price Index, Riverside Area – September 2022

Area prices were unchanged over the past two months, up 8.4 percent from a year ago

Prices in the Riverside area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), were unchanged for the two months ending in September 2022, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that lower gas prices were offset by higher food, shelter, and medical care prices. (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 8.4 percent. (See chart 1 and table A.) Food prices rose 11.5 percent. Energy prices rose 23.6 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy increased 6.0 percent over the year. (See table 1.)

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

Food prices rose 1.8 percent for the two months ending in September. (See table 1.) Prices for food at home rose 2.1 percent, led by higher prices for dairy and related products (7.4 percent). Prices for food away from home increased 1.5 percent for the same period.

Over the year, food prices rose 11.5 percent. Prices for food at home increased 12.2 percent since a year ago, ranging from 9.3 percent for meats, poultry, fish, and eggs to 21.0 percent for cereals and bakery products. Prices for food away from home increased 10.7 percent.

Energy

The energy index declined 4.5 percent for the two months ending in September. The decrease was mainly due to lower prices for gasoline (-8.3 percent). Prices for natural gas service increased 11.7 percent, and prices for electricity rose 0.3 percent for the same period.

Energy prices rose 23.6 percent over the year, largely due to higher prices for gasoline (25.1 percent). Prices paid for natural gas service rose 29.7 percent, and prices for electricity advanced 14.8 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.4 percent in the latest two-month period. Higher prices for medical care (3.6 percent) and shelter (0.5 percent) were partially offset by lower prices for new and used motor vehicles (-2.0 percent) and education and communication (-0.2 percent).

Over the year, the index for all items less food and energy increased 6.0 percent. Components contributing to the increase included medical care (9.1 percent) and shelter (6.3 percent). Partly offsetting the increases was a price decrease in new vehicles (-1.2 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 0.0 8.4

November

0.2 2.9 0.4 1.9 1.4 7.9

The November 2022 Consumer Price Index for the Riverside area is scheduled to be released on December 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
Jul.
2022
Aug.
2022
Sep.
2022
Sep.
2021
Jul.
2022
Aug.
2022

Expenditure category

All items

125.262 - 125.272 8.4 0.0 -

Food and beverages

126.916 - 129.109 11.1 1.7 -

Food

127.666 - 129.980 11.5 1.8 -

Food at home

127.189 128.271 129.819 12.2 2.1 1.2

Cereals and bakery products

142.040 - 145.088 21.0 2.1 -

Meats, poultry, fish, and eggs

131.767 - 132.472 9.3 0.5 -

Dairy and related products

110.398 - 118.554 12.3 7.4 -

Fruits and vegetables

125.918 - 127.378 9.4 1.2 -

Nonalcoholic beverages and beverage materials

127.614 - 131.050 9.5 2.7 -

Other food at home

122.789 - 125.173 14.2 1.9 -

Food away from home

127.783 - 129.640 10.7 1.5 -

Alcoholic beverages

113.331 - 113.185 2.6 -0.1 -

Housing

124.904 - 125.939 7.8 0.8 -

Shelter

122.825 123.285 123.471 6.3 0.5 0.2

Rent of primary residence

124.612 125.231 125.839 7.9 1.0 0.5

Owners' equiv. rent of residences

122.684 122.972 123.104 6.3 0.3 0.1

Owners' equiv. rent of primary residence

122.684 122.972 123.104 6.3 0.3 0.1

Fuels and utilities

144.056 - 147.513 15.0 2.4 -

Household energy

152.199 156.747 157.408 19.8 3.4 0.4

Energy services

153.135 157.764 158.442 19.9 3.5 0.4

Electricity

145.903 145.903 146.405 14.8 0.3 0.3

Utility (piped) gas service

174.969 194.211 195.440 29.7 11.7 0.6

Household furnishings and operations

119.250 - 120.804 11.7 1.3 -

Apparel

110.420 - 113.182 7.8 2.5 -

Transportation

142.425 - 136.420 11.2 -4.2 -

Private transportation

145.519 - 138.927 11.0 -4.5 -

New and used motor vehicles

121.458 - 119.050 4.7 -2.0 -

New vehicles

114.904 - 112.772 -1.2 -1.9 -

Used cars and trucks

154.960 - 147.537 8.1 -4.8 -

Motor fuel

192.903 173.523 177.023 25.5 -8.2 2.0

Gasoline (all types)

192.960 173.363 176.910 25.1 -8.3 2.0

Gasoline, unleaded regular(1)

194.180 174.203 177.729 25.2 -8.5 2.0

Gasoline, unleaded midgrade(1)

192.476 173.475 177.352 24.8 -7.9 2.2

Gasoline, unleaded premium(1)

187.125 169.152 172.745 24.6 -7.7 2.1

Medical care

117.527 - 121.709 9.1 3.6 -

Recreation

105.453 - 107.578 7.7 2.0 -

Education and communication

110.068 - 109.864 0.1 -0.2 -

Tuition, other school fees, and child care

121.248 - - - - -

Other goods and services

118.616 - 121.329 4.7 2.3 -

Commodity and service group

All items

125.262 - 125.272 8.4 0.0 -

Commodities

129.680 - 128.005 10.1 -1.3 -

Commodities less food & beverages

131.133 - 127.402 9.7 -2.8 -

Nondurables less food & beverages

141.898 - 137.195 16.0 -3.3 -

Durables

120.130 - 117.338 3.5 -2.3 -

Services

122.563 - 123.674 7.3 0.9 -

Special aggregate indexes

All items less medical care

125.787 - 125.527 8.4 -0.2 -

All items less shelter

126.691 - 126.357 9.6 -0.3 -

Commodities less food

130.600 - 126.962 9.5 -2.8 -

Nondurables

134.049 - 132.948 13.5 -0.8 -

Nondurables less food

140.365 - 135.895 15.4 -3.2 -

Services less rent of shelter

122.081 - 123.812 8.6 1.4 -

Services less medical care services

122.732 - 123.489 7.0 0.6 -

Energy

178.323 167.870 170.316 23.6 -4.5 1.5

All items less energy

120.540 - 121.280 6.8 0.6 -

All items less food and energy

119.407 - 119.886 6.0 0.4 -

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: Thursday, October 13, 2022