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News Release Information

24-2344-SAN
Wednesday, November 13, 2024

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

Consumer Price Index, West Region — October 2024

Area prices were up 0.1 percent over the past month, up 2.1 percent from a year ago

Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.1 percent in October, the U.S. Bureau of Labor Statistics reported today. (See table A.) The October increase was influenced by higher prices for shelter. (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 2.1 percent. (See chart 1 and table A.) Food prices rose 2.5 percent. Energy prices declined 9.9 percent, largely the result of a decrease 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 month of October. (See table 1.) Prices for food at home advanced 0.3 percent, with higher prices in five of the six grocery categories. Prices for food away from home advanced 0.3 percent for the same period.

Over the year, food prices rose 2.5 percent. Prices for food at home advanced 1.1 percent since a year ago, led by higher prices for fruits and vegetables (2.9 percent). Prices for food away from home rose 4.7 percent.

Energy

The energy index declined 0.9 percent over the month. The decrease was mainly due to lower prices for gasoline (-2.1 percent). Prices for natural gas service fell 3.1 percent, while prices for electricity advanced 1.4 percent for the same period.

Energy prices declined 9.9 percent over the year, largely due to lower prices for gasoline (-17.9 percent). Prices paid for natural gas service fell 8.0 percent, while prices for electricity advanced 4.4 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.1 percent in October. Higher prices for household furnishings and operations (0.8 percent) and shelter (0.2 percent) were partially offset by lower prices for apparel (-2.6 percent) and education and communication (-0.7 percent).

Over the year, the index for all items less food and energy advanced 3.1 percent. Components contributing to the increase included medical care (3.8 percent) and shelter (3.7 percent). Partly offsetting the increases was a price decrease in new and used motor vehicles (-1.0 percent).

Table A. West region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2020 2021 2022 2023 2024
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.3 2.9 0.2 1.4 0.9 7.7 0.9 6.3 0.7 3.3

February

0.4 3.1 0.5 1.6 0.8 8.1 0.5 6.0 0.4 3.2

March

-0.2 2.5 0.7 2.4 1.3 8.7 0.5 5.1 0.9 3.6

April

-0.4 1.3 1.0 3.9 0.7 8.3 0.5 4.9 0.6 3.7

May

0.1 0.8 0.8 4.7 0.8 8.3 0.4 4.5 0.1 3.3

June

0.4 1.2 0.9 5.1 1.2 8.8 0.3 3.5 -0.2 2.8

July

0.5 1.7 0.6 5.2 0.1 8.3 0.1 3.5 -0.1 2.6

August

0.3 1.9 0.2 5.0 0.0 8.1 0.4 3.9 0.1 2.2

September

0.0 1.6 0.2 5.3 0.3 8.3 0.4 3.9 0.2 2.1

October

0.2 1.2 0.8 6.0 0.7 8.1 0.1 3.3 0.1 2.1

November

0.0 1.4 0.5 6.5 -0.4 7.1 -0.4 3.3

December

-0.1 1.5 0.4 7.1 -0.4 6.2 -0.1 3.6

The November 2024 Consumer Price Index for the West Region is scheduled to be released on December 11, 2024.

Notice Regarding Ceasing Publication of Utility Indexes

With the publication of January 2025 data in February 2025, several indexes and average price series will be discontinued.

The following CPI indexes will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity
  • Utility (piped) gas (often referred to as natural gas)
  • Energy services
  • Fuels and utilities
  • Household energy

The following CPI average price series will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity per KWH
  • Utility (piped) gas per therm

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 Consumer Price Index for the West Region is published monthly. The set of components and sub-aggregates published for regional and metropolitan indexes is more limited than at the U.S. city average level; these indexes are byproducts of the national CPI program. Each local index has a much smaller sample size than the national or regional indexes and is, therefore, subject to substantially more sampling and other measurement error. As a result, local-area indexes are more volatile than the national or regional indexes. In addition, local indexes are not adjusted for seasonal influences. 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.

Refer to the national CPI news release technical note or the Handbook of Methods for more information.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Telecommunications Relay Service: 7-1-1.

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-
Historical
data
Aug.
2024
Sep.
2024
Oct.
2024
Oct.
2023
Aug.
2024
Sep.
2024

Expenditure category

All Items

333.442 334.265 334.558 2.1 0.3 0.1

All items (December 1977=100)

538.991 540.321 540.794 - - -

Food and beverages

342.688 343.636 344.614 2.4 0.6 0.3

Food

345.168 346.078 347.078 2.5 0.6 0.3

Food at home

321.112 321.588 322.551 1.1 0.4 0.3

Cereals and bakery products

333.764 330.940 335.675 0.1 0.6 1.4

Meats, poultry, fish, and eggs

353.824 358.544 349.426 0.4 -1.2 -2.5

Dairy and related products

286.959 282.312 286.113 0.8 -0.3 1.3

Fruits and vegetables

400.473 404.412 408.552 2.9 2.0 1.0

Nonalcoholic beverages and beverage materials

223.332 221.841 224.647 -0.2 0.6 1.3

Other food at home

276.891 277.087 279.131 1.4 0.8 0.7

Food away from home

379.477 381.086 382.132 4.7 0.7 0.3

Alcoholic beverages

304.718 306.245 306.878 1.8 0.7 0.2

Housing

374.674 374.911 375.918 3.2 0.3 0.3

Shelter

432.345 432.115 432.906 3.7 0.1 0.2

Rent of primary residence(1)

460.199 461.749 462.823 3.7 0.6 0.2

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

454.992 456.117 457.313 3.9 0.5 0.3

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

454.750 455.877 457.075 3.9 0.5 0.3

Fuels and utilities

422.014 423.263 425.179 3.0 0.7 0.5

Household energy

366.997 367.801 369.591 1.4 0.7 0.5

Energy services(1)

370.385 371.264 372.994 1.6 0.7 0.5

Electricity(1)

412.323 412.368 418.277 4.4 1.4 1.4

Utility (piped) gas service(1)

291.485 294.623 285.540 -8.0 -2.0 -3.1

Household furnishings and operations

156.422 157.762 159.084 0.3 1.7 0.8

Apparel

126.865 130.727 127.356 0.2 0.4 -2.6

Transportation

279.281 280.375 279.617 -0.7 0.1 -0.3

Private transportation

279.038 280.160 278.454 -0.9 -0.2 -0.6

New and used motor vehicles(3)

122.903 122.848 122.795 -1.0 -0.1 0.0

New vehicles

175.077 175.029 174.804 -1.3 -0.2 -0.1

New cars and trucks(3)(4)

- - - - - -

New cars(4)

172.778 172.791 172.272 -2.3 -0.3 -0.3

Used cars and trucks

170.376 170.464 171.507 -3.6 0.7 0.6

Motor fuel

336.506 336.319 329.639 -18.0 -2.0 -2.0

Gasoline (all types)

335.351 335.252 328.372 -17.9 -2.1 -2.1

Gasoline, unleaded regular(4)

330.830 330.592 323.539 -18.3 -2.2 -2.1

Gasoline, unleaded midgrade(4)(5)

321.677 322.049 315.896 -17.2 -1.8 -1.9

Gasoline, unleaded premium(4)

332.076 332.469 326.608 -16.3 -1.6 -1.8

Medical Care

611.401 610.440 612.936 3.8 0.3 0.4

Medical care commodities

476.510 471.370 471.079 2.8 -1.1 -0.1

Medical care services

653.074 653.454 656.837 4.0 0.6 0.5

Professional services

426.918 425.980 427.456 4.1 0.1 0.3

Recreation(3)

131.086 131.860 132.339 0.9 1.0 0.4

Education and communication(3)

144.345 145.161 144.090 0.6 -0.2 -0.7

Tuition, other school fees, and child care(6)

1,696.525 1,706.342 1,706.849 3.5 0.6 0.0

Other goods and services

555.140 554.123 556.646 1.6 0.3 0.5

Commodity and Service Group

All Items

333.442 334.265 334.558 2.1 0.3 0.1

Commodities

226.365 227.309 226.927 -1.5 0.2 -0.2

Commodities less food & beverages

172.188 173.078 172.233 -3.9 0.0 -0.5

Nondurables less food & beverages

230.838 232.464 229.580 -5.9 -0.5 -1.2

Nondurables less food, beverages, and apparel

303.848 303.992 301.398 -7.5 -0.8 -0.9

Durables

121.299 121.670 122.106 -2.1 0.7 0.4

Services

433.320 433.999 434.967 4.2 0.4 0.2

Rent of shelter(2)

461.081 460.830 461.676 3.7 0.1 0.2

Transportation services

419.338 422.950 424.196 10.8 1.2 0.3

Other services

417.241 418.388 418.238 2.4 0.2 0.0

Special aggregate indexes:

All items less medical care

320.649 321.544 321.743 2.0 0.3 0.1

All items less food

331.725 332.535 332.721 2.0 0.3 0.1

All items less shelter

294.342 295.623 295.705 1.2 0.5 0.0

Commodities less food

176.990 177.903 177.081 -3.7 0.1 -0.5

Nondurables

286.525 287.842 286.781 -1.4 0.1 -0.4

Nondurables less food

236.440 238.073 235.354 -5.4 -0.5 -1.1

Nondurables less food and apparel

303.406 303.667 301.352 -6.8 -0.7 -0.8

Services less rent of shelter(2)

446.722 448.755 450.003 4.9 0.7 0.3

Services less medical care services

417.845 418.542 419.350 4.2 0.4 0.2

Energy

356.605 356.844 353.701 -9.9 -0.8 -0.9

All items less energy

334.639 335.504 336.010 3.0 0.4 0.2

All items less food and energy

333.723 334.582 335.009 3.1 0.4 0.1

Commodities less food and energy commodities

159.695 160.702 160.421 -0.9 0.5 -0.2

Energy commodities

342.758 342.536 335.932 -17.9 -2.0 -1.9

Services less energy services

438.663 439.336 440.270 4.3 0.4 0.2

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) Indexes 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.
(6) Indexes on a December 1977=100 base.

- Data not available
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, November 13, 2024