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17-1649-SAN
Wednesday, December 13, 2017

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Consumer Price Index, West Region — November 2017

Area prices were unchanged over the past month, up 3.1 percent from a year ago

Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), were unchanged in November, the U.S. Bureau of Labor Statistics reported today. (See table A.) The unchanged November index was influenced by higher prices for gasoline, offset by lower prices for electricity and apparel. (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 3.1 percent. (See chart 1 and table A.) Energy prices rose 7.7 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy advanced 2.9 percent over the year. (See table 1.)

Food

Food prices inched down 0.1 percent for the month of November. (See table 1.) Prices for food at home decreased 0.4 percent, but prices for food away from home edged up 0.2 percent for the same period.

Over the year, food prices rose 1.7 percent. Prices for food away from home increased 3.7 percent since a year ago, and prices for food at home rose 0.3 percent.

Energy

The energy index edged down 0.2 percent over the month. The decrease was mainly due to lower prices for electricity (-3.8 percent). Prices for natural gas service decreased 6.4 percent, but prices for gasoline advanced 3.1 percent for the same period.

Energy prices rose 7.7 percent over the year, largely due to higher prices for gasoline (14.3 percent). Prices paid for electricity increased 1.4 percent, but prices for natural gas service declined 3.9 percent during the past year.

All items less food and energy

The index for all items less food and energy was unchanged in November. Lower prices for apparel (-3.4 percent) and recreation (-0.1 percent) were partially offset by higher prices for medical care (0.2 percent) and shelter (0.1 percent).

Over the year, the index for all items less food and energy advanced 2.9 percent. Components contributing to the increase included shelter (4.7 percent) and medical care (2.4 percent). Partly offsetting the increases were price declines in apparel (-1.6 percent), used cars and trucks (-1.4 percent), and education and communication (-0.6 percent).

Table A. West Region CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2012 2013 2014 2015 2016 2017
Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual

January

0.4 2.6 0.3 1.7 0.3 1.7 -0.3 0.7 0.5 2.6 0.5 2.5

February

0.4 2.5 0.8 2.0 0.4 1.3 0.6 0.9 0.1 2.1 0.6 3.0

March

0.9 2.4 0.4 1.5 0.6 1.5 0.8 1.1 0.2 1.5 0.3 3.1

April

0.2 2.1 0.0 1.3 0.3 1.8 0.3 1.0 0.5  1.8 0.3 2.9

May

0.2 2.0 0.2 1.3 0.6 2.3 0.8 1.2 0.5 1.5 0.2 2.6

June

-0.2 2.0 0.1 1.5 0.1 2.3 0.0 1.1 0.2 1.6 0.0 2.5

July

-0.3 1.8 0.0 1.9 0.1 2.3 0.3 1.3 0.1 1.4 0.1 2.5

August

0.5 2.1 0.1 1.5 -0.1 2.1 -0.1 1.3 0.0 1.5 0.2 2.7

September

0.5 2.2 0.2 1.3 0.1 2.0 -0.2 1.0 0.3 2.0 0.5 2.9

October

0.4 2.5 -0.1 0.9 -0.1 2.0 0.0 1.1 0.3 2.3 0.3 2.9

November

-0.7 1.9 -0.4 1.3 -0.6 1.7 -0.2 1.5 -0.2 2.3 0.0 3.1

December

-0.5 1.7 0.0 1.8 -0.5 1.3 -0.1 1.8 0.0 2.5    

The December 2017 Consumer Price Index for the West Region is scheduled to be released on January 12, 2018.


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 89 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 87 urban areas across the country from about 6,000 housing units and approximately 24,000 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 West Region covered in this release is comprised of the following thirteen states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.

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

West (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Sep.
2017
Oct.
2017
Nov.
2017
Nov.
2016
Sep.
2017
Oct.
2017

Expenditure category

 
 

All Items

256.504 257.223 257.126 3.1 0.2 0.0

All items (December 1977=100)

414.625 415.786 415.629      

Food and beverages

256.241 255.751 255.463 1.7 -0.3 -0.1

Food

256.226 255.590 255.236 1.7 -0.4 -0.1

Food at home

246.581 245.094 244.108 0.3 -1.0 -0.4

Food away from home

268.673 269.251 269.801 3.7 0.4 0.2

Alcoholic beverages

253.075 254.567 255.170 1.7 0.8 0.2

Housing

278.592 280.172 279.617 3.9 0.4 -0.2

Shelter

319.659 321.741 321.991 4.7 0.7 0.1

Rent of primary residence(1)

336.493 338.364 339.973 4.7 1.0 0.5

Owners' equiv. rent of residences(1)(2)

335.814 337.539 339.010 4.8 1.0 0.4

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

335.821 337.547 339.013 4.8 1.0 0.4

Fuels and utilities

296.756 297.769 289.512 1.5 -2.4 -2.8

Household energy

255.958 257.284 246.737 0.5 -3.6 -4.1

Energy services(1)

258.133 259.651 248.236 0.2 -3.8 -4.4

Electricity(1)

287.179 288.877 277.928 1.4 -3.2 -3.8

Utility (piped) gas service(1)

205.169 206.353 193.095 -3.9 -5.9 -6.4

Household furnishings and operations

127.647 127.713 127.873 -0.4 0.2 0.1

Apparel

120.642 122.676 118.553 -1.6 -1.7 -3.4

Transportation

206.646 205.592 207.818 5.2 0.6 1.1

Private transportation

201.848 200.274 202.613 5.7 0.4 1.2

New and used motor vehicles(3)

99.340 99.057 98.876 -0.2 -0.5 -0.2

New vehicles

146.069 145.898 146.188 -1.2 0.1 0.2

New cars and trucks(3)(4)

101.454 101.330 101.528 -1.2 0.1 0.2

New cars(4)

142.413 142.454 142.820 -1.5 0.3 0.3

Used cars and trucks

132.279 131.139 130.151 -1.4 -1.6 -0.8

Motor fuel

236.781 229.619 236.882 14.4 0.0 3.2

Gasoline (all types)

235.889 228.558 235.686 14.3 -0.1 3.1

Gasoline, unleaded regular(4)

233.275 225.865 232.907 14.5 -0.2 3.1

Gasoline, unleaded midgrade(4)(5)

224.087 218.107 225.115 14.1 0.5 3.2

Gasoline, unleaded premium(4)

231.464 225.170 231.940 13.4 0.2 3.0

Medical Care

482.243 483.541 484.696 2.4 0.5 0.2

Medical care commodities

374.072 373.801 376.052 5.6 0.5 0.6

Medical care services

516.198 518.068 518.795 1.6 0.5 0.1

Professional services

352.941 353.532 353.472 0.4 0.2 0.0

Recreation(3)

112.813 113.238 113.144 1.2 0.3 -0.1

Education and communication(3)

136.162 136.464 136.503 -0.6 0.3 0.0

Other goods and services

425.862 428.217 428.094 4.3 0.5 0.0
 

Commodity and Service Group

 
 

All Items

256.504 257.223 257.126 3.1 0.2 0.0

Commodities

181.816 181.256 181.303 2.0 -0.3 0.0

Commodities less food & beverages

144.800 144.238 144.413 2.2 -0.3 0.1

Nondurables less food & beverages

187.844 187.122 187.376 4.7 -0.2 0.1

Nondurables less food, beverages, and apparel

235.120 232.626 235.672 6.8 0.2 1.3

Durables

105.788 105.371 105.477 -1.2 -0.3 0.1

Services

325.645 327.590 327.355 3.7 0.5 -0.1

Rent of shelter(2)

340.318 342.547 342.816 4.7 0.7 0.1

Transportation services

301.491 304.522 307.585 6.0 2.0 1.0

Other services

344.641 345.744 345.295 1.0 0.2 -0.1
 

Special aggregate indexes:

 
 

All items less medical care

246.183 246.875 246.723 3.1 0.2 -0.1

All items less food

256.720 257.648 257.590 3.3 0.3 0.0

All items less shelter

231.883 232.026 231.779 2.1 0.0 -0.1

Commodities less food

148.849 148.337 148.525 2.2 -0.2 0.1

Nondurables

222.191 221.568 221.572 3.1 -0.3 0.0

Nondurables less food

192.748 192.146 192.421 4.4 -0.2 0.1

Nondurables less food and apparel

236.564 234.429 237.254 6.3 0.3 1.2

Services less rent of shelter(2)

343.442 345.234 344.306 2.3 0.3 -0.3

Services less medical care services

312.335 314.279 313.983 3.9 0.5 -0.1

Energy

248.061 244.605 244.002 7.7 -1.6 -0.2

All items less energy

259.236 260.273 260.214 2.8 0.4 0.0

All items less food and energy

260.539 261.863 261.853 2.9 0.5 0.0

Commodities less food and energy commodities

139.425 139.704 139.013 0.0 -0.3 -0.5

Energy commodities

241.218 233.954 241.600 14.4 0.2 3.3

Services less energy services

330.774 332.752 333.212 3.8 0.7 0.1

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Index is on a December 1982=100 base.
(3) Indexes on a December 1997=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.
 

Regions defined as the four Census regions. West includes Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.
 

 

Last Modified Date: Wednesday, December 13, 2017