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16-762-SAN
Thursday, April 14, 2016

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

Consumer Price Index, Los Angeles area — March 2016

Area prices were up 0.3 percent over the past month, up 1.7 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.3 percent in March, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the March increase was influenced by higher prices for gasoline and 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 1.7 percent. (See chart 1 and table A.) Energy prices dropped 12.7 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy increased 3.1 percent over the year. (See table 1.)

  Chart 1. Over-the-year percent change in CPI-U, Los Angeles, March 2013 - March 2016

Food

Food prices decreased 0.6 percent for the month of March. (See table 1.) Prices for food at home decreased 0.9 percent, and prices for food away from home moved moved down 0.2 percent for the same period.

Over the year, food prices rose 1.5 percent. Prices for food away from home advanced 4.0 percent since a year ago, but prices for food at home declined 0.3 percent.

Energy

The energy index increased 4.4 percent over the month. The increase was mainly due to higher prices for gasoline (8.8 percent). Prices for electricity were unchanged, while prices for natural gas service decreased 3.8 percent for the same period.

Energy prices dropped 12.7 percent over the year, largely due to lower prices for gasoline (-19.4 percent). Prices paid for natural gas service decreased 4.5 percent, and prices for electricity declined 1.1 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 0.2 percent in March. Higher prices for shelter (0.7 percent) and education and communication (0.6 percent) were partially offset by lower prices for medical care (-1.7 percent) and apparel (-1.2 percent).

Over the year, the index for all items less food and energy increased 3.1 percent. Components contributing to the increase included medical care (6.5 percent) and shelter (4.3 percent). Partly offsetting the increases were price declines in household furnishings and operations (-0.6 percent) and education and communication (-0.4 percent).

Table A. Los Angeles-Riverside-Orange County CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2011 2012 2013 2014 2015 2016
Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual

January

0.9 1.8 0.8 2.1 0.8 2.0 0.5 0.8 -0.3 -0.1 0.7 3.1

February

0.5 2.3 0.5 2.1 0.7 2.2 0.5 0.5 0.7 0.1 0.0 2.4

March

1.1 3.0 1.0 2.0 0.1 1.3 0.6 1.0 1.0 0.5 0.3 1.7

April

0.5 3.3 0.0 1.5 -0.4 0.9 0.0 1.4 -0.1 0.5    

May

0.0 3.1 0.1 1.6 0.1 1.0 0.4 1.7 1.0 1.1    

June

-0.4 2.9 -0.4 1.6 -0.1 1.4 0.1 1.8 -0.3 0.8    

July

-0.4 2.4 -0.1 1.9 -0.1 1.3 0.1 2.0 0.7 1.4    

August

0.2 2.4 0.6 2.3 0.1 0.8 -0.1 1.8 -0.3 1.1    

September

0.5 3.1 0.4 2.2 0.2 0.6 0.0 1.7 -0.4 0.7    

October

0.0 2.8 0.8 3.0 0.1 -0.1 -0.1 1.4 0.2 1.0    

November

-0.1 3.0 -1.0 2.1 -0.5 0.4 -0.7 1.3 0.0 1.6    

December

-0.5 2.2 -0.7 1.9 0.0 1.1 -0.5 0.7 -0.1 2.0    

The April 2016 Consumer Price Index for the Los Angeles-Riverside-Orange County area is scheduled to be released on May 17, 2016.


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 Los Angeles-Riverside-Orange County, CA. metropolitan area covered in this release is comprised of Los Angeles, Orange, Riverside, San Bernardino, and Ventura 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

Los Angeles-Riverside-Orange County, CA (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Jan.
2016
Feb.
2016
Mar.
2016
Mar.
2015
Jan.
2016
Feb.
2016

Expenditure category

 
 

All items

247.155 247.113 247.873 1.7 0.3 0.3

All items (1967=100)

730.207 730.081 732.326 - - -

Food and beverages

251.903 253.685 251.983 1.5 0.0 -0.7

Food

252.083 253.784 252.276 1.5 0.1 -0.6

Food at home

258.072 259.695 257.293 -0.3 -0.3 -0.9

Food away from home

240.923 242.695 242.309 4.0 0.6 -0.2

Alcoholic beverages

234.369 237.203 232.810 0.6 -0.7 -1.9

Housing

272.241 273.047 274.461 3.4 0.8 0.5

Shelter

309.527 310.774 312.834 4.3 1.1 0.7

Rent of primary residence (1)

324.583 325.509 327.213 4.4 0.8 0.5

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

321.183 322.226 324.010 3.9 0.9 0.6

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

321.164 322.208 323.991 3.9 0.9 0.6

Fuels and utilities

294.663 295.788 294.079 -0.4 -0.2 -0.6

Household energy

259.428 259.039 256.816 -1.9 -1.0 -0.9

Energy services (1)

258.261 257.877 255.612 -1.8 -1.0 -0.9

Electricity (1)

301.034 300.681 300.681 -1.1 -0.1 0.0

Utility (piped) gas service (1)

205.093 204.573 196.839 -4.5 -4.0 -3.8

Household furnishings and operations

117.049 116.170 116.467 -0.6 -0.5 0.3

Apparel

109.239 116.730 115.327 4.0 5.6 -1.2

Transportation

192.534 185.554 190.285 -5.7 -1.2 2.5

Private transportation

187.604 180.257 185.199 -5.7 -1.3 2.7

Motor fuel

223.372 191.643 208.369 -19.5 -6.7 8.7

Gasoline (all types)

218.785 187.573 204.098 -19.4 -6.7 8.8

Gasoline, unleaded regular (3)

219.173 187.470 204.218 -19.7 -6.8 8.9

Gasoline, unleaded midgrade (3) (4)

209.295 181.278 195.380 -19.0 -6.6 7.8

Gasoline, unleaded premium (3)

208.928 180.614 196.381 -18.0 -6.0 8.7

Medical care

445.247 457.056 449.147 6.5 0.9 -1.7

Recreation (5)

108.878 107.655 106.944 4.0 -1.8 -0.7

Education and communication (5)

146.789 144.245 145.086 -0.4 -1.2 0.6

Other goods and services

390.459 392.085 389.418 2.0 -0.3 -0.7
 

Commodity and service group

 
 

All items

247.155 247.113 247.873 1.7 0.3 0.3

Commodities

175.053 173.879 174.717 -1.7 -0.2 0.5

Commodities less food & beverages

134.833 132.515 134.345 -4.1 -0.4 1.4

Nondurables less food & beverages

174.709 169.987 173.393 -5.4 -0.8 2.0

Durables

95.761 95.816 96.090 -2.0 0.3 0.3

Services

311.291 312.265 312.952 3.7 0.5 0.2
 

Special aggregate indexes

 
 

All items less medical care

238.525 238.028 239.117 1.4 0.2 0.5

All items less shelter

220.019 219.387 219.558 0.1 -0.2 0.1

Commodities less food

139.132 136.919 138.610 -3.9 -0.4 1.2

Nondurables

214.140 212.307 213.437 -1.7 -0.3 0.5

Nondurables less food

180.331 175.929 178.984 -4.9 -0.7 1.7

Services less rent of shelter (2)

322.629 323.216 321.891 2.8 -0.2 -0.4

Services less medical care services

299.771 299.917 301.292 3.4 0.5 0.5

Energy

238.041 218.222 227.738 -12.7 -4.3 4.4

All items less energy

249.720 251.168 251.274 2.8 0.6 0.0

All items less food and energy

249.652 251.059 251.438 3.1 0.7 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) Index is on a December 1982=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) 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, April 14, 2016

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News Release Information

16-762-SAN
Thursday, April 14, 2016

Contacts

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

Consumer Price Index, Los Angeles area — March 2016

Area prices were up 0.3 percent over the past month, up 1.7 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.3 percent in March, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the March increase was influenced by higher prices for gasoline and 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 1.7 percent. (See chart 1 and table A.) Energy prices dropped 12.7 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy increased 3.1 percent over the year. (See table 1.)

  Chart 1. Over-the-year percent change in CPI-U, Los Angeles, March 2013 - March 2016

Food

Food prices decreased 0.6 percent for the month of March. (See table 1.) Prices for food at home decreased 0.9 percent, and prices for food away from home moved moved down 0.2 percent for the same period.

Over the year, food prices rose 1.5 percent. Prices for food away from home advanced 4.0 percent since a year ago, but prices for food at home declined 0.3 percent.

Energy

The energy index increased 4.4 percent over the month. The increase was mainly due to higher prices for gasoline (8.8 percent). Prices for electricity were unchanged, while prices for natural gas service decreased 3.8 percent for the same period.

Energy prices dropped 12.7 percent over the year, largely due to lower prices for gasoline (-19.4 percent). Prices paid for natural gas service decreased 4.5 percent, and prices for electricity declined 1.1 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 0.2 percent in March. Higher prices for shelter (0.7 percent) and education and communication (0.6 percent) were partially offset by lower prices for medical care (-1.7 percent) and apparel (-1.2 percent).

Over the year, the index for all items less food and energy increased 3.1 percent. Components contributing to the increase included medical care (6.5 percent) and shelter (4.3 percent). Partly offsetting the increases were price declines in household furnishings and operations (-0.6 percent) and education and communication (-0.4 percent).

Table A. Los Angeles-Riverside-Orange County CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2011 2012 2013 2014 2015 2016
Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual Monthly Annual

January

0.9 1.8 0.8 2.1 0.8 2.0 0.5 0.8 -0.3 -0.1 0.7 3.1

February

0.5 2.3 0.5 2.1 0.7 2.2 0.5 0.5 0.7 0.1 0.0 2.4

March

1.1 3.0 1.0 2.0 0.1 1.3 0.6 1.0 1.0 0.5 0.3 1.7

April

0.5 3.3 0.0 1.5 -0.4 0.9 0.0 1.4 -0.1 0.5    

May

0.0 3.1 0.1 1.6 0.1 1.0 0.4 1.7 1.0 1.1    

June

-0.4 2.9 -0.4 1.6 -0.1 1.4 0.1 1.8 -0.3 0.8    

July

-0.4 2.4 -0.1 1.9 -0.1 1.3 0.1 2.0 0.7 1.4    

August

0.2 2.4 0.6 2.3 0.1 0.8 -0.1 1.8 -0.3 1.1    

September

0.5 3.1 0.4 2.2 0.2 0.6 0.0 1.7 -0.4 0.7    

October

0.0 2.8 0.8 3.0 0.1 -0.1 -0.1 1.4 0.2 1.0    

November

-0.1 3.0 -1.0 2.1 -0.5 0.4 -0.7 1.3 0.0 1.6    

December

-0.5 2.2 -0.7 1.9 0.0 1.1 -0.5 0.7 -0.1 2.0    

The April 2016 Consumer Price Index for the Los Angeles-Riverside-Orange County area is scheduled to be released on May 17, 2016.


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 Los Angeles-Riverside-Orange County, CA. metropolitan area covered in this release is comprised of Los Angeles, Orange, Riverside, San Bernardino, and Ventura 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

Los Angeles-Riverside-Orange County, CA (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Jan.
2016
Feb.
2016
Mar.
2016
Mar.
2015
Jan.
2016
Feb.
2016

Expenditure category

 
 

All items

247.155 247.113 247.873 1.7 0.3 0.3

All items (1967=100)

730.207 730.081 732.326 - - -

Food and beverages

251.903 253.685 251.983 1.5 0.0 -0.7

Food

252.083 253.784 252.276 1.5 0.1 -0.6

Food at home

258.072 259.695 257.293 -0.3 -0.3 -0.9

Food away from home

240.923 242.695 242.309 4.0 0.6 -0.2

Alcoholic beverages

234.369 237.203 232.810 0.6 -0.7 -1.9

Housing

272.241 273.047 274.461 3.4 0.8 0.5

Shelter

309.527 310.774 312.834 4.3 1.1 0.7

Rent of primary residence (1)

324.583 325.509 327.213 4.4 0.8 0.5

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

321.183 322.226 324.010 3.9 0.9 0.6

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

321.164 322.208 323.991 3.9 0.9 0.6

Fuels and utilities

294.663 295.788 294.079 -0.4 -0.2 -0.6

Household energy

259.428 259.039 256.816 -1.9 -1.0 -0.9

Energy services (1)

258.261 257.877 255.612 -1.8 -1.0 -0.9

Electricity (1)

301.034 300.681 300.681 -1.1 -0.1 0.0

Utility (piped) gas service (1)

205.093 204.573 196.839 -4.5 -4.0 -3.8

Household furnishings and operations

117.049 116.170 116.467 -0.6 -0.5 0.3

Apparel

109.239 116.730 115.327 4.0 5.6 -1.2

Transportation

192.534 185.554 190.285 -5.7 -1.2 2.5

Private transportation

187.604 180.257 185.199 -5.7 -1.3 2.7

Motor fuel

223.372 191.643 208.369 -19.5 -6.7 8.7

Gasoline (all types)

218.785 187.573 204.098 -19.4 -6.7 8.8

Gasoline, unleaded regular (3)

219.173 187.470 204.218 -19.7 -6.8 8.9

Gasoline, unleaded midgrade (3) (4)

209.295 181.278 195.380 -19.0 -6.6 7.8

Gasoline, unleaded premium (3)

208.928 180.614 196.381 -18.0 -6.0 8.7

Medical care

445.247 457.056 449.147 6.5 0.9 -1.7

Recreation (5)

108.878 107.655 106.944 4.0 -1.8 -0.7

Education and communication (5)

146.789 144.245 145.086 -0.4 -1.2 0.6

Other goods and services

390.459 392.085 389.418 2.0 -0.3 -0.7
 

Commodity and service group

 
 

All items

247.155 247.113 247.873 1.7 0.3 0.3

Commodities

175.053 173.879 174.717 -1.7 -0.2 0.5

Commodities less food & beverages

134.833 132.515 134.345 -4.1 -0.4 1.4

Nondurables less food & beverages

174.709 169.987 173.393 -5.4 -0.8 2.0

Durables

95.761 95.816 96.090 -2.0 0.3 0.3

Services

311.291 312.265 312.952 3.7 0.5 0.2
 

Special aggregate indexes

 
 

All items less medical care

238.525 238.028 239.117 1.4 0.2 0.5

All items less shelter

220.019 219.387 219.558 0.1 -0.2 0.1

Commodities less food

139.132 136.919 138.610 -3.9 -0.4 1.2

Nondurables

214.140 212.307 213.437 -1.7 -0.3 0.5

Nondurables less food

180.331 175.929 178.984 -4.9 -0.7 1.7

Services less rent of shelter (2)

322.629 323.216 321.891 2.8 -0.2 -0.4

Services less medical care services

299.771 299.917 301.292 3.4 0.5 0.5

Energy

238.041 218.222 227.738 -12.7 -4.3 4.4

All items less energy

249.720 251.168 251.274 2.8 0.6 0.0

All items less food and energy

249.652 251.059 251.438 3.1 0.7 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) Index is on a December 1982=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) 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, April 14, 2016