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News Release Information

23-40-SAN
Thursday, January 12, 2023

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

Consumer Price Index, Seattle area — December 2022

Area prices were up 0.1 percent over the past two months, up 8.4 percent from a year ago

Prices in the Seattle area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.1 percent for the two months ending in December 2022, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the December 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 8.4 percent. (See chart 1 and table A.) Food prices advanced 11.3 percent. Energy prices advanced 5.7 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy advanced 8.1 percent over the year. (See table 1.)

Food

Food prices increased 0.8 percent for the two months ending in December. (See table 1.) Prices for food at home increased 0.1 percent. Higher prices for cereals and bakery products (3.2 percent) were partially offset by lower prices for meats, poultry, fish, and eggs (-2.1 percent). Prices for food away from home increased 1.7 percent for the same period.

Over the year, food prices advanced 11.3 percent. Prices for food at home advanced 8.8 percent since a year ago, with higher prices in five of the six subcategories. Prices for food away from home increased 15.0 percent.

Energy

The energy index decreased 12.5 percent for the two months ending in December. The decrease was mainly due to lower prices for gasoline (-20.4 percent). Prices for natural gas service advanced 12.4 percent, while prices for electricity were unchanged for the same period.

Energy prices advanced 5.7 percent over the year, largely due to higher prices for gasoline (5.9 percent). Prices paid for natural gas service increased 11.9 percent, and prices for electricity advanced 0.9 percent during the past year.

All items less food and energy

The index for all items less food and energy advanced 0.9 percent in the latest two-month period. Higher prices for household furnishings and operations (3.2 percent) and shelter (2.2 percent) were partially offset by lower prices for used cars and trucks (-5.1 percent) and apparel (-2.0 percent).

Over the year, the index for all items less food and energy advanced 8.1 percent. Components contributing to the increase included shelter (10.7 percent) and recreation (6.9 percent). Partly offsetting the increases were price decreases for used cars and trucks (-9.6 percent) and apparel (-1.2 percent).

Table A. Seattle-Tacoma-Bellevue, WA, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2018 2019 2020 2021 2022
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

0.8 3.3 0.7 2.7 1.0 2.5 1.2 1.7 1.7 8.1

April

0.8 3.3 0.5 2.4 -0.6 1.3 1.1 3.4 2.1 9.1

June

0.8 3.3 0.7 2.3 0.2 0.9 2.2 5.5 3.2 10.1

August

-0.3 3.1 0.6 3.2 1.4 1.6 1.1 5.2 0.0 9.0

October

0.4 3.1 -0.6 2.2 -0.1 2.1 1.1 6.5 1.0 8.9

December

0.2 2.8 -0.3 2.2 -0.4 1.4 0.6 7.6 0.1 8.4

The February 2023 Consumer Price Index for the Seattle area is scheduled to be released on March 14, 2023.


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 Seattle-Tacoma-Bellevue, WA. metropolitan area covered in this release is comprised of King, Pierce, and Snohomish Counties in the State of Washington.

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

Seattle-Tacoma-Bellevue, WA (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Historical
data
Oct.
2022
Nov.
2022
Dec.
2022
Dec.
2021
Oct.
2022
Nov.
2022

Expenditure category

All items

330.173 - 330.489 8.4 0.1 -

All items (1967=100)

1,006.496 - 1,007.460 - - -

Food and beverages

347.915 - 350.036 10.7 0.6 -

Food

351.451 - 354.184 11.3 0.8 -

Food at home

314.223 313.288 314.608 8.8 0.1 0.4

Cereals and bakery products

349.064 - 360.165 17.8 3.2 -

Meats, poultry, fish, and eggs

289.002 - 282.985 0.0 -2.1 -

Dairy and related products

273.026 - 276.227 15.9 1.2 -

Fruits and vegetables

485.231 - 490.141 6.0 1.0 -

Nonalcoholic beverages and beverage materials(1)

401.924 - 404.313 11.9 0.6 -

Other food at home

251.283 - 249.910 11.5 -0.5 -

Food away from home

410.518 - 417.676 15.0 1.7 -

Alcoholic beverages

304.309 - 299.740 4.1 -1.5 -

Housing

384.486 - 393.061 9.4 2.2 -

Shelter

440.790 448.717 450.460 10.7 2.2 0.4

Rent of primary residence(2)

444.072 450.014 452.639 9.1 1.9 0.6

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

462.468 469.960 474.008 11.0 2.5 0.9

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

462.468 469.960 474.008 11.0 2.5 0.9

Fuels and utilities

303.764 - 307.204 5.0 1.1 -

Household energy

271.050 278.417 275.674 4.2 1.7 -1.0

Energy services(2)

313.009 322.431 322.431 3.6 3.0 0.0

Electricity(2)

336.000 336.000 336.000 0.9 0.0 0.0

Utility (piped) gas service(2)

188.279 211.701 211.701 11.9 12.4 0.0

Household furnishings and operations

217.916 - 224.934 3.3 3.2 -

Apparel

128.105 - 125.508 -1.2 -2.0 -

Transportation

303.431 - 285.623 11.0 -5.9 -

Private transportation

318.513 - 299.263 10.1 -6.0 -

New and used motor vehicles(4)

126.833 - 124.161 0.3 -2.1 -

New vehicles(1)

220.058 - 220.509 4.1 0.2 -

Used cars and trucks(1)

456.994 - 433.491 -9.6 -5.1 -

Motor fuel

586.242 537.391 468.805 6.8 -20.0 -12.8

Gasoline (all types)

597.396 545.997 475.340 5.9 -20.4 -12.9

Gasoline, unleaded regular(4)

649.619 593.175 514.752 5.9 -20.8 -13.2

Gasoline, unleaded midgrade(4)(5)

469.675 430.582 379.005 6.1 -19.3 -12.0

Gasoline, unleaded premium(4)

545.156 500.145 441.171 5.9 -19.1 -11.8

Medical care

432.413 - 431.457 2.3 -0.2 -

Recreation(6)

115.084 - 116.600 6.9 1.3 -

Education and communication(6)

150.499 - 150.296 2.6 -0.1 -

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

- - - - - -

Other goods and services

480.341 - - - - -

Commodity and service group

All items

330.173 - 330.489 8.4 0.1 -

Commodities

243.628 - 239.014 5.8 -1.9 -

Commodities less food & beverages

193.930 - 187.076 2.7 -3.5 -

Nondurables less food & beverages

233.647 - 216.686 4.4 -7.3 -

Durables

154.903 - 155.063 1.2 0.1 -

Services

409.561 - 414.626 9.9 1.2 -

Special aggregate indexes

All items less medical care

325.826 - 326.206 8.8 0.1 -

All items less shelter

287.282 - 284.119 7.1 -1.1 -

Commodities less food

198.299 - 191.476 2.7 -3.4 -

Nondurables

288.609 - 280.607 8.1 -2.8 -

Nondurables less food

239.856 - 223.676 4.4 -6.7 -

Services less rent of shelter(3)

380.983 - 380.871 8.7 0.0 -

Services less medical care services

403.496 - 409.149 10.7 1.4 -

Energy

435.190 415.598 380.808 5.7 -12.5 -8.4

All items less energy

328.490 - 331.390 8.6 0.9 -

All items less food and energy

324.871 - 327.795 8.1 0.9 -

Footnotes
(1) Indexes on a November 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, January 12, 2023