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18-759-SAN
Thursday, May 10, 2018

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Consumer Price Index, San Francisco Area — April 2018

Area prices were up 0.8 percent over the past two months, up 3.2 percent from a year ago

Prices in the San Francisco area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose 0.8 percent for the two months ending in April 2018, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the April increase was influenced by higher prices for shelter 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 increased 3.2 percent.  (See chart 1 and table A.) Energy prices rose 9.8 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy advanced 3.1 percent over the year. (See table 1.)

Food

Food prices increased 0.3 percent for the two months ending in April. (See table 1.) Prices for food away from home advanced 0.9 percent, but prices for food at home declined 0.4 percent for the same period.

Over the year, food prices rose 1.7 percent. Prices for food away from home moved up 3.8 percent since a year ago, but prices for food at home moved down 0.4 percent.

Energy

The energy index increased 5.3 percent for the two months ending in April. The increase was mainly due to higher prices for gasoline (6.4 percent). Prices for natural gas service jumped 13.5 percent, and prices for electricity rose 0.2 percent for the same period.

Energy prices rose 9.8 percent over the year, largely due to higher prices for gasoline (18.1 percent). Prices paid for electricity rose 0.4 percent, but prices for natural gas service declined 1.0 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.6 percent in the latest two-month period. Higher prices for household furnishings and operations (2.9 percent), other goods and services (1.2 percent), and shelter (0.5 percent) were partially offset by lower prices for recreation (-0.6 percent) and education and communication (-0.1 percent).

Over the year, the index for all items less food and energy advanced 3.1 percent. Components contributing to the increase included shelter (3.8 percent) and household furnishings and operations (3.7 percent). Partly offsetting the increases was a price decline in apparel (-5.4 percent).

Table A. San Francisco-Oakland-San Jose CPI-U bi-monthly and annual percent changes (not seasonally adjusted)
Month 2013 2014 2015 2016 2017 2018
Bi-monthly Annual Bi-monthly Annual Bi-monthly Annual Bi-monthly Annual Bi-monthly Annual Bi-monthly Annual

February

1.3 2.4 1.2 2.4 1.0 2.5 0.9 3.0 0.8 3.4  1.4 3.6

April

0.8 2.4 1.2 2.8 1.1 2.4 0.7 2.7 1.1 3.8  0.8 3.2

June

0.5 2.6 0.7 3.0 0.6 2.3 0.6 2.7 0.3 3.5    

August

0.1 2.0 0.0 3.0 0.3 2.6 0.7 3.1 0.2 3.0    

October

0.2 1.6 0.5 3.2 0.4 2.6 0.9 3.6 0.6 2.7    

December

-0.4 2.6 -0.9 2.7 -0.3 3.2 -0.3 3.5 -0.1 2.9    

The June 2018 Consumer Price Index for the San Francisco-Oakland-Hayward is scheduled to be released on July 12, 2018.

Consumer Price Index Geographic Revision for 2018

In January 2018, BLS introduced a new geographic area sample for the Consumer Price Index (CPI). As part of the new sample, the index for this area was renamed. Additional information on the geographic revision is available at: www.bls.gov/cpi/georevision2018.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 94 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 28 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 San Francisco-Oakland-Hayward, CA. metropolitan area covered in this release is comprised of Alameda, Contra Costa, Marin, San Francisco, San Mateo 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

San Francisco-Oakland-Hayward, CA (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Feb.
2018
Mar.
2018
Apr.
2018
Apr.
2017
Feb.
2018
Mar.
2018

Expenditure category

All items

281.308 - 283.422 3.2 0.8 -

All items (1967=100)

864.818 - 871.318 - - -

Food and beverages

273.794 - 275.824 2.3 0.7 -

Food

273.196 - 274.054 1.7 0.3 -

Food at home

252.155 250.615 251.268 -0.4 -0.4 0.3

Cereals and bakery products

257.289 - 259.232 - 0.8 -

Meats, poultry, fish, and eggs

248.194 - 251.222 - 1.2 -

Dairy and related products

266.693 - 263.292 - -1.3 -

Fruits and vegetables

332.725 - 327.194 - -1.7 -

Nonalcoholic beverages and beverage materials(1)

206.068 - 201.298 - -2.3 -

Other food at home

220.581 - 220.387 - -0.1 -

Food away from home

298.714 - 301.409 3.8 0.9 -

Food away from home

298.714 - 301.409 3.8 0.9 -

Alcoholic beverages

286.864 - 298.802 7.9 4.2 -

Housing

331.779 - 334.450 3.6 0.8 -

Shelter

379.330 381.872 381.346 3.8 0.5 -0.1

Rent of primary residence(2)

430.929 436.318 437.317 5.7 1.5 0.2

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

408.860 409.935 409.806 3.2 0.2 0.0

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

408.860 409.935 409.806 3.2 0.2 0.0

Fuels and utilities

389.461 - 398.564 1.4 2.3 -

Household energy

339.487 343.433 351.500 -0.5 3.5 2.3

Energy services(2)

340.466 344.294 352.377 -0.7 3.5 2.3

Electricity(2)

362.520 375.081 363.126 0.4 0.2 -3.2

Utility (piped) gas service(2)

281.249 264.655 319.210 -1.0 13.5 20.6

Household furnishings and operations

135.132 - 139.086 3.7 2.9 -

Apparel

113.616 - 113.888 -5.4 0.2 -

Transportation

200.283 - 203.714 6.4 1.7 -

Private transportation

192.922 - 197.556 8.5 2.4 -

New and used motor vehicles(4)

96.158 - 96.712 - 0.6 -

New vehicles(1)

160.274 - 160.814 - 0.3 -

Used cars and trucks(1)

250.728 - 253.391 - 1.1 -

Motor fuel

248.958 254.538 264.816 18.1 6.4 4.0

Gasoline (all types)

247.991 253.615 263.890 18.1 6.4 4.1

Gasoline, unleaded regular(4)

248.183 253.839 264.259 18.3 6.5 4.1

Gasoline, unleaded midgrade(4)(5)

231.380 235.458 243.744 17.4 5.3 3.5

Gasoline, unleaded premium(4)

234.614 240.022 249.261 17.3 6.2 3.8

Motor vehicle insurance(1)

497.755 - 505.695 - 1.6 -

Medical care

500.434 - 504.092 2.6 0.7 -

Recreation(6)

115.910 - 115.162 1.8 -0.6 -

Education and communication(6)

142.944 - 142.854 2.3 -0.1 -

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

1,650.322 - 1,660.883 - 0.6 -

Other goods and services

473.197 - 478.861 3.1 1.2 -

Commodity and service group

All items

281.308 - 283.422 3.2 0.8 -

Commodities

187.162 - 189.611 2.4 1.3 -

Commodities less food & beverages

140.463 - 143.038 2.6 1.8 -

Nondurables less food & beverages

186.016 - 189.042 3.9 1.6 -

Durables

96.637 - 98.746 0.5 2.2 -

Services

359.709 - 361.570 3.5 0.5 -

Special aggregate indexes

All items less medical care

272.358 - 274.409 3.3 0.8 -

All items less shelter

240.742 - 242.950 2.7 0.9 -

Commodities less food

146.549 - 149.553 3.0 2.0 -

Nondurables

231.165 - 233.707 2.9 1.1 -

Nondurables less food

193.403 - 197.238 4.3 2.0 -

Services less rent of shelter(3)

350.606 - 352.323 3.1 0.5 -

Services less medical care services

351.196 - 352.848 3.6 0.5 -

Energy

286.809 292.062 301.993 9.8 5.3 3.4

All items less energy

284.453 - 285.968 2.9 0.5 -

All items less food and energy

287.009 - 288.633 3.1 0.6 -

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, May 10, 2018