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News Release Information

22-2321-SAN
Tuesday, December 13, 2022

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

Consumer Price Index, Honolulu Area — November 2022

Area prices were down 0.6 percent over the past two months, up 5.8 percent from a year ago

Prices in the Honolulu area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), declined 0.6 percent for the two months ending in November 2022, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the November decrease was influenced by lower prices for shelter. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U advanced 5.8 percent. (See chart 1 and table A.) Food prices increased 8.2 percent. Energy prices increased 27.5 percent, largely the result of an increase in the price of electricity. The index for all items less food and energy advanced 3.6 percent over the year. (See table 1.)

Chart 1. Over-the-year percent change in CPI-U, Urban Hawaii, November 2019-November 2022
Food

Food prices advanced 1.8 percent for the two months ending in November. (See table 1.) Prices for food at home advanced 0.8 percent. Higher prices for fruits and vegetables (6.3 percent) were partially offset by lower prices for meats, poultry, fish, and eggs (-4.6 percent). Prices for food away from home advanced 3.3 percent for the same period.

Over the year, food prices increased 8.2 percent. Prices for food at home increased 6.8 percent since a year ago, with higher prices in four of the six subcategories. Prices for food away from home advanced 10.3 percent.

Energy

The energy index decreased 2.1 percent for the two months ending in November. The decrease was mainly due to lower prices for electricity (-4.1 percent). Prices for gasoline declined 0.5 percent, but prices for natural gas service rose 3.5 percent for the same period.

Energy prices increased 27.5 percent over the year, largely due to higher prices for electricity (36.2 percent). Prices paid for natural gas service and gasoline both rose 20.7 percent during the past year.

All items less food and energy

The index for all items less food and energy decreased 0.8 percent in the latest two-month period. Lower prices for used cars and trucks (-4.8 percent), apparel (-3.8 percent), and shelter (-2.3 percent) were partially offset by higher prices for other goods and services (5.1 percent), recreation (4.4 percent), and education and communication (1.8 percent).

Over the year, the index for all items less food and energy advanced 3.6 percent. Components contributing to the increase included medical care (8.9 percent), new vehicles (5.9 percent), and shelter (2.5 percent). Partly offsetting the increases were price decreases in alcoholic beverages (-10.0 percent), used cars and trucks (-2.1 percent), and recreation (-0.3 percent).

Table A. Urban Hawaii CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2019 2020 2021 2022
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

January

-0.2 1.9 0.5 1.7 0.3 1.4 0.9 6.0

March

0.5 1.8 0.6 1.8 0.9 1.8 2.4 7.5

May

0.7 2.1 0.2 1.3 2.1 3.8 1.6 7.0

July

-0.1 1.6 0.0 1.3 0.8 4.6 0.6 6.8

September

0.1 1.1 0.6 1.9 1.0 5.0 0.8 6.6

November

0.1 0.9 -0.2 1.6 0.1 5.4 -0.6 5.8

The January 2023 Consumer Price Index for the Honolulu area is scheduled to be released on February 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 Urban Hawaii area covered in this release consists of Honolulu in the State of Hawaii.

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

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

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

Expenditure category

All items

321.799 - 319.971 5.8 -0.6 -

All items (1967=100)

885.905 - 880.870 - - -

Food and beverages

340.216 - 345.609 7.2 1.6 -

Food

343.424 - 349.593 8.2 1.8 -

Food at home

339.491 341.851 342.236 6.8 0.8 0.1

Cereals and bakery products

372.177 - 381.838 10.2 2.6 -

Meats, poultry, fish, and eggs

329.487 - 314.367 -5.2 -4.6 -

Dairy and related products

291.259 - 279.699 16.7 -4.0 -

Fruits and vegetables

402.349 - 427.510 10.2 6.3 -

Nonalcoholic beverages and beverage materials(1)

424.765 - 433.188 -0.4 2.0 -

Other food at home

326.293 - 332.350 15.9 1.9 -

Food away from home

338.681 - 350.023 10.3 3.3 -

Alcoholic beverages

285.605 - 278.133 -10.0 -2.6 -

Housing

348.542 - 341.277 4.7 -2.1 -

Shelter

372.986 366.430 364.518 2.5 -2.3 -0.5

Rent of primary residence(2)

367.314 362.432 359.718 2.8 -2.1 -0.7

Owners' equiv. rent of residences(2)

376.417 371.990 374.485 2.7 -0.5 0.7

Owners' equiv. rent of primary residence(2)

376.417 371.990 374.485 2.7 -0.5 0.7

Fuels and utilities

498.580 - 485.484 23.5 -2.6 -

Household energy

441.180 436.698 425.060 35.2 -3.7 -2.7

Energy services

434.147 429.051 417.498 35.5 -3.8 -2.7

Electricity

431.972 425.996 414.067 36.2 -4.1 -2.8

Utility (piped) gas service

395.091 410.177 409.105 20.7 3.5 -0.3

Household furnishings and operations

159.590 - 161.721 5.8 1.3 -

Apparel

111.439 - 107.187 0.0 -3.8 -

Transportation

274.317 - 274.915 9.9 0.2 -

Private transportation

286.238 - 285.363 10.0 -0.3 -

New and used motor vehicles(3)

127.311 - 126.401 5.6 -0.7 -

New vehicles(1)

186.513 - 188.000 5.9 0.8 -

Used cars and trucks(1)

348.646 - 331.823 -2.1 -4.8 -

Motor fuel

412.504 411.837 410.594 20.7 -0.5 -0.3

Gasoline (all types)

423.263 422.553 421.275 20.7 -0.5 -0.3

Gasoline, unleaded regular(4)

439.823 439.158 437.888 21.0 -0.4 -0.3

Gasoline, unleaded midgrade(4)(5)

351.372 350.995 350.032 20.6 -0.4 -0.3

Gasoline, unleaded premium(4)

395.405 394.446 393.016 19.4 -0.6 -0.4

Medical care

- - 488.065 8.9 - -

Recreation(3)

137.042 - 143.109 -0.3 4.4 -

Education and communication(3)

152.985 - 155.743 2.9 1.8 -

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

1,949.176 - 1,922.709 2.4 -1.4 -

Other goods and services

560.816 - 589.566 10.5 5.1 -

Commodity and service group

All items

321.799 - 319.971 5.8 -0.6 -

Commodities

245.504 - 248.165 8.4 1.1 -

Commodities less food & beverages

187.583 - 188.837 9.5 0.7 -

Nondurables less food & beverages

242.510 - 245.451 13.3 1.2 -

Durables

130.657 - 130.725 5.7 0.1 -

Services

388.822 - 383.576 4.6 -1.3 -

Special aggregate indexes

All items less medical care

312.626 - 310.973 5.6 -0.5 -

All items less shelter

300.810 - 302.755 8.3 0.6 -

Commodities less food

191.653 - 192.694 8.7 0.5 -

Nondurables

293.287 - 297.509 9.5 1.4 -

Nondurables less food

245.348 - 247.671 11.4 0.9 -

Services less rent of shelter(2)

407.889 - 408.341 8.0 0.1 -

Services less medical care services

378.399 - 374.012 4.5 -1.2 -

Energy

424.809 422.286 415.985 27.5 -2.1 -1.5

All items less energy

317.162 - 315.782 4.3 -0.4 -

All items less food and energy

314.316 - 311.704 3.6 -0.8 -

Footnotes
(1) Indexes on a December 1977=100 base.
(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.

- Data not available
NOTE: Index applies to a month as a whole, not to any specific date.

 

Last Modified Date: Tuesday, December 13, 2022