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News Release Information

23-38-SAN
Thursday, January 12, 2023

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

Consumer Price Index, Los Angeles area — December 2022

Area prices were down 0.6 percent over the past month, up 4.9 percent from a year ago

Prices in the Los Angeles area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), declined 0.6 percent in December, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the December decrease was influenced by lower prices for gasoline. (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 4.9 percent. (See chart 1 and table A.) Food prices advanced 7.4 percent, and energy prices advanced 4.5 percent. The index for all items less food and energy advanced 4.5 percent over the year. (See table 1.)

Food

Food prices were unchanged for the month of December. (See table 1.) Prices for food at home declined 0.8 percent, with lower prices in five of the six grocery categories. Prices for food away from home increased 1.1 percent for the same period.

Over the year, food prices advanced 7.4 percent. Prices for food at home advanced 8.8 percent since a year ago. Price increases across food at home expenditure categories ranged from 2.8 percent for meats, poultry, fish, and eggs to 18.4 percent for cereals and bakery products. Prices for food away from home increased 5.7 percent.

Energy

The energy index decreased 6.4 percent over the month. The decrease was mainly due to lower prices for gasoline (-14.4 percent). Prices for natural gas service advanced 18.3 percent, and prices for electricity advanced 1.2 percent for the same period.

Energy prices advanced 4.5 percent over the year, largely due to higher prices for natural gas service (26.7 percent). Prices paid for electricity advanced 8.6 percent, but prices for gasoline decreased 2.3 percent during the past year.

All items less food and energy

The index for all items less food and energy decreased 0.2 percent in December. Lower prices for new and used motor vehicles (-3.4 percent) and medical care (-0.8 percent) were partially offset by higher prices for shelter (0.6 percent).

Over the year, the index for all items less food and energy advanced 4.5 percent. Components contributing to the increase included medical care (5.6 percent) and shelter (5.4 percent). Partly offsetting the increases was a price decrease in used cars and trucks (-7.5 percent).

Table A. Los Angeles-Long Beach-Anaheim, CA, CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2018 2019 2020 2021 2022
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.8 3.5 0.7 3.2 0.8 3.1 0.2 0.9 1.1 7.5

February

0.7 3.6 0.1 2.5 0.3 3.4 0.4 1.0 0.3 7.4

March

0.4 3.8 0.6 2.7 0.7 1.9 0.5 2.2 1.5 8.5

April

0.4 4.0 1.0 3.3 -0.3 0.7 1.1 3.6 0.5 7.9

May

0.4 4.1 0.2 3.1 0.4 0.9 0.6 3.9 0.8 8.0

June

-0.2 4.0 0.0 3.3 0.5 1.4 0.6 4.0 1.1 8.6

July

0.2 3.9 0.1 3.3 0.6 1.9 0.6 3.9 -0.2 7.7

August

0.2 3.9 0.0 3.0 0.1 2.0 0.2 4.0 0.1 7.6

September

0.5 3.9 0.5 3.0 -0.3 1.2 0.3 4.6 0.5 7.8

October

0.5 4.1 0.7 3.2 0.2 0.7 0.9 5.4 0.6 7.5

November

-0.3 3.6 -0.3 3.2 0.1 1.0 0.6 6.0 -0.8 6.0

December

-0.3 3.2 -0.6 3.0 -0.2 1.5 0.4 6.6 -0.6 4.9

The January 2023 Consumer Price Index for the Los Angeles 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 Los Angeles-Long Beach-Anaheim, CA metropolitan area includes Los Angeles and Orange Counties in California.

Information in this release will be made available to sensory impaired individuals 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

Los Angeles-Long Beach-Anaheim (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

317.014 314.633 312.601 4.9 -1.4 -0.6

All items (1967=100)

936.600 929.565 923.563 - - -

Food and beverages

320.025 321.688 321.802 7.2 0.6 0.0

Food

321.612 323.398 323.511 7.4 0.6 0.0

Food at home

312.279 314.224 311.773 8.8 -0.2 -0.8

Cereals and bakery products

343.234 344.102 343.326 18.4 0.0 -0.2

Meats, poultry, fish, and eggs

337.257 339.024 334.607 2.8 -0.8 -1.3

Dairy and related products

298.565 303.489 304.564 12.3 2.0 0.4

Fruits and vegetables

413.551 421.967 415.162 5.3 0.4 -1.6

Nonalcoholic beverages and beverage materials(1)

304.976 299.922 296.778 6.1 -2.7 -1.0

Other food at home

245.990 247.071 246.420 12.8 0.2 -0.3

Food away from home

325.274 326.801 330.302 5.7 1.5 1.1

Alcoholic beverages

277.382 277.220 277.343 4.3 0.0 0.0

Housing

355.306 355.064 357.653 5.5 0.7 0.7

Shelter

404.703 405.616 407.918 5.4 0.8 0.6

Rent of primary residence(2)

427.667 429.249 431.608 5.2 0.9 0.5

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

420.304 421.876 423.324 5.7 0.7 0.3

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

420.280 421.851 423.299 5.7 0.7 0.3

Fuels and utilities

445.079 436.738 455.633 11.1 2.4 4.3

Household energy

400.078 389.913 412.764 13.7 3.2 5.9

Energy services(2)

397.756 387.559 410.989 13.8 3.3 6.0

Electricity(2)

447.621 447.558 453.041 8.6 1.2 1.2

Utility (piped) gas service(2)

345.765 316.411 374.276 26.7 8.2 18.3

Household furnishings and operations

132.504 130.864 129.346 1.0 -2.4 -1.2

Apparel

118.557 116.665 115.256 3.8 -2.8 -1.2

Transportation

279.793 266.703 252.037 2.8 -9.9 -5.5

Private transportation

281.868 268.435 253.882 2.2 -9.9 -5.4

New and used motor vehicles(4)

115.380 113.075 109.260 4.3 -5.3 -3.4

New vehicles(1)

195.817 195.026 193.987 3.3 -0.9 -0.5

Used cars and trucks(1)

378.884 368.799 360.256 -7.5 -4.9 -2.3

Motor fuel

456.213 403.171 345.571 -1.9 -24.3 -14.3

Gasoline (all types)

445.375 392.951 336.196 -2.3 -24.5 -14.4

Gasoline, unleaded regular(4)

447.050 394.136 336.482 -2.5 -24.7 -14.6

Gasoline, unleaded midgrade(4)(5)

424.768 375.045 322.786 -2.0 -24.0 -13.9

Gasoline, unleaded premium(4)

423.341 374.691 323.438 -1.7 -23.6 -13.7

Medical care

553.630 553.054 548.472 5.6 -0.9 -0.8

Recreation(6)

120.946 120.381 120.139 5.9 -0.7 -0.2

Education and communication(6)

155.490 155.897 155.475 0.7 0.0 -0.3

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

2,183.793 2,183.845 2,183.845 5.0 0.0 0.0

Other goods and services

490.726 492.348 484.586 0.8 -1.3 -1.6

Commodity and service group

All items

317.014 314.633 312.601 4.9 -1.4 -0.6

Commodities

221.871 217.911 212.695 3.7 -4.1 -2.4

Commodities less food & beverages

170.620 164.649 157.607 1.0 -7.6 -4.3

Nondurables less food & beverages

243.757 230.806 216.237 1.8 -11.3 -6.3

Durables

104.390 103.325 101.657 0.0 -2.6 -1.6

Services

400.614 399.790 400.839 5.6 0.1 0.3

Special aggregate indexes

All items less medical care

306.582 304.139 302.215 4.9 -1.4 -0.6

All items less shelter

278.261 274.389 270.398 4.6 -2.8 -1.5

Commodities less food

175.659 169.762 162.816 1.1 -7.3 -4.1

Nondurables

283.446 277.695 270.350 5.0 -4.6 -2.6

Nondurables less food

248.961 236.644 222.808 2.0 -10.5 -5.8

Services less rent of shelter(3)

405.670 402.134 401.295 5.8 -1.1 -0.2

Services less medical care services

386.008 385.294 386.537 5.5 0.1 0.3

Energy

436.228 400.142 374.597 4.5 -14.1 -6.4

All items less energy

311.908 311.543 310.916 5.0 -0.3 -0.2

All items less food and energy

310.310 309.578 308.824 4.5 -0.5 -0.2

Footnotes
(1) Indexes on a December 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