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15-1620-SAN
Wednesday, August 19, 2015

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Consumer Price Index, San Diego - First Half 2015

Area prices up 0.9 percent over the past six months, up 0.8 percent from a year ago

Prices in the greater San Diego area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.9 percent in the first half of 2015, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Richard J. Holden noted that this latest six-month increase was influenced by higher prices for shelter and apparel. (Data in this report are not seasonally adjusted. Accordingly, six-month-to-six-month changes may reflect seasonal influences.)

Over the past 12 months, the CPI-U rose 0.8 percent.  (See chart 1 and table A.) Energy prices decreased 10.5 percent, largely the result of lower prices for gasoline. The index for all items less food and energy increased 1.9 percent over the year. (See table 1.)

 Chart 1. Over-the-year percent change in CPI-U, San Diego, first half 2012 – first half 2015

Food

Food prices advanced 0.4 percent in the first half of 2015. (See table 1.) Prices for food away from home increased 1.3 percent for the past six months. Prices for food at home declined 0.6 percent for the same period.

For the year ending in the first half of 2015, food prices rose 1.6 percent. Prices for food away from home advanced 3.2 percent, and prices for food at home increased 0.6 percent during the past 12 months.

Energy

Energy prices declined 4.6 percent since the second half of 2014. The decrease was influenced by gasoline prices, which dropped 8.6 percent. Natural gas service prices declined 3.0 percent, but electricity prices gained 4.9 percent for the same period.

Energy prices fell 10.5 percent over the year, strongly influenced by an 18.7 percent decrease in gasoline prices. Natural gas service prices moved down 2.4 percent, but prices for electricity increased 10.8 percent.

All items less food and energy

The index for all items less food and energy increased 1.5 percent from the second half of 2014 to the first half of 2015. Among the index components, price increases were recorded for apparel (5.0 percent), shelter (2.0 percent), and household furnishings and operations (0.7 percent). In contrast, prices declined for recreation (-1.7 percent), other goods and services (-1.4 percent), and education and communication (-1.0 percent).

Over the year, the index for all items less food and energy advanced 1.9 percent. Prices increased for shelter (3.1 percent), alcoholic beverages (2.4 percent), and apparel (0.8 percent). Partially offsetting the increases were lower prices for other goods and services (-1.8 percent), recreation (-1.5 percent), and education and communication (-0.6 percent).

Table A. San Diego CPI-U monthly and annual percent changes (not seasonally adjusted)
Month 2010 2011 2012 2013 2014 2015
Semi-annual Annual Semi-annual Annual Semi-annual Annual Semi-annual Annual Semi-annual Annual Semi-annual Annual

First Half

0.2 1.4 2.3 3.4 1.3 1.7 0.6 0.9 1.4 2.4 0.9 0.8

Second Half

1.0 1.2 0.4 2.7 0.3 1.5 1.1 1.7 -0.1 1.3    

The second half of 2015 Consumer Price Index for San Diego is scheduled to be released mid-January 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 San Diego, CA metropolitan area covered in this release consists of San Diego County 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 for semiannual averages and percent changes for selected periods

San Diego, CA (1982-84=100 unless otherwise noted)
Item and Group

 
Semiannual average indexes
 
Percent change to
1st half 2015 from-
1st half
2014
2nd half
2014
1st half
2015
1st half
2014
2nd half
2014

Expenditure category

 
 

All items

265.251 265.039 267.346 0.8 0.9

All items (1967=100)

896.895 896.178 903.977 - -

Food and beverages

241.797 244.716 245.892 1.7 0.5

Food

238.846 241.836 242.713 1.6 0.4

Food at home

222.500 225.005 223.746 0.6 -0.6

Food away from home

258.279 263.314 266.663 3.2 1.3

Alcoholic beverages

264.228 266.241 270.694 2.4 1.7

Housing

291.893 294.532 300.113 2.8 1.9

Shelter

326.544 329.977 336.524 3.1 2.0

Rent of primary residence

319.094 322.979 329.807 3.4 2.1

Owners' equiv. rent of residences (1)

348.321 351.241 358.339 2.9 2.0

Owners' equiv. rent of primary residence (1)

348.321 351.241 358.339 2.9 2.0

Fuels and utilities

271.941 270.773 276.688 1.7 2.2

Household energy

227.904 237.777 244.848 7.4 3.0

Energy services

222.429 232.333 239.701 7.8 3.2

Electricity

208.845 220.539 231.328 10.8 4.9

Utility (piped) gas service

195.329 196.419 190.601 -2.4 -3.0

Household furnishings and operations

181.269 182.221 183.531 1.2 0.7

Apparel

141.401 135.721 142.571 0.8 5.0

Transportation

228.254 218.362 213.587 -6.4 -2.2

Private transportation

218.584 209.886 204.296 -6.5 -2.7

Motor fuel

319.319 284.058 259.482 -18.7 -8.7

Gasoline (all types)

319.363 283.979 259.634 -18.7 -8.6

Gasoline, unleaded regular (2)

332.863 295.533 269.850 -18.9 -8.7

Gasoline, unleaded midgrade (2) (3)

272.546 242.955 222.721 -18.3 -8.3

Gasoline, unleaded premium (2)

320.364 286.446 262.957 -17.9 -8.2

Medical care

420.045 - - - -

Recreation (4)

148.429 148.738 146.264 -1.5 -1.7

Education and communication (4)

146.082 146.694 145.187 -0.6 -1.0

Other goods and services

372.694 370.999 365.906 -1.8 -1.4
 

Commodity and service group

 
 

All Items

265.251 265.039 267.346 0.8 0.9

Commodities

201.906 197.980 196.178 -2.8 -0.9

Commodities less food & beverages

180.354 173.024 169.752 -5.9 -1.9

Nondurables less food & beverages

206.847 194.996 190.045 -8.1 -2.5

Durables

150.520 149.613 148.717 -1.2 -0.6

Services

321.399 324.358 330.201 2.7 1.8
 

Special aggregate indexes

 
 

All items less medical care

257.887 257.417 259.151 0.5 0.7

All items less shelter

242.288 240.352 240.755 -0.6 0.2

Commodities less food

184.177 177.202 174.229 -5.4 -1.7

Nondurables

226.220 221.091 218.911 -3.2 -1.0

Nondurables less food

212.555 201.521 197.145 -7.2 -2.2

Services less rent of shelter (1)

333.407 335.845 340.928 2.3 1.5

Services less medical care services

311.069 313.695 318.641 2.4 1.6

Energy

279.152 261.787 249.757 -10.5 -4.6

All items less energy

265.795 267.150 270.683 1.8 1.3

All items less food and energy

271.964 273.026 277.064 1.9 1.5

Footnotes
(1) Index is on a December 1982=100 base.
(2) Special index based on a substantially smaller sample.
(3) Indexes on a December 1993=100 base.
(4) Indexes on a December 1997=100 base.
 

- Data not available.
 

 

Last Modified Date: Wednesday, August 19, 2015