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News Release Information

16-1003-SAN
Tuesday, May 17, 2016

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

Consumer Price Index, Seattle area — April 2016

Area prices were up 1.1 percent over the past two months, up 2.5 percent from a year ago

Prices in the Seattle Area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), rose 1.1 percent for the two months ending in April 2016, the U.S. Bureau of Labor Statistics reported today. (See table A.) Assistant Commissioner for Regional Operations Richard Holden noted that the April increase was influenced by higher prices for shelter and 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 increased 2.5 percent.  (See chart 1 and table A.) Energy prices declined 6.0 percent, largely the result of a decrease in the price of gasoline. The index for all items less food and energy advanced 3.3 percent over the year. (See table 1.)

Food

Food prices rose 0.8 percent for the two months ending in April. (See table 1.) Prices for food away from home advanced 1.4 percent, and prices for food at home rose 0.3 percent for the same period.

Over the year, food prices rose 1.8 percent. Prices for food away from home moved up 3.8 percent since a year ago, and prices for food at home rose 0.3 percent.

Energy

The energy index rose 6.1 percent for the two months ending in April. The increase was mainly due to higher prices for gasoline (11.7 percent). Prices for electricity rose 2.4 percent, and prices for natural gas service moved up 0.2 percent for the same period.

Energy prices declined 6.0 percent over the year, largely due to lower prices for gasoline (-13.2 percent). Prices paid for natural gas service dropped 13.0 percent, but prices for electricity advanced 7.3 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.9 percent in the latest two-month period. Higher prices for apparel (5.4 percent), shelter (1.1 percent), and recreation (1.1 percent) were partially offset by lower prices for medical care (-0.9 percent) and household furnishings and operations (-0.7 percent).

Over the year, the index for all items less food and energy advanced 3.3 percent. Components contributing to the increase included shelter (5.8 percent) and apparel (1.7 percent). Partly offsetting the increases were price declines in other goods and services (-1.1 percent) and household furnishings and operations (-0.9 percent).

Table A. Seattle-Tacoma-Bremerton CPI-U bi-monthly and annual percent changes (not seasonally adjusted)
Month201120122013201420152016
Bi-monthlyAnnualBi-monthlyAnnualBi-monthlyAnnualBi-monthlyAnnualBi-monthlyAnnualBi-monthlyAnnual

February

1.21.50.42.70.81.80.71.20.21.10.22.2

April

0.82.10.92.90.41.21.62.40.90.41.12.5

June

0.83.20.72.70.81.40.42.01.61.6  

August

0.22.70.32.70.01.1-0.21.80.01.8  

October

0.93.80.52.30.00.60.32.1-0.31.2  

December

-0.53.5-1.41.4-0.71.3-1.11.7-0.22.2  

The June 2016 Consumer Price Index for the Seattle-Tacoma-Bremerton is scheduled to be released on July 15, 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 4,000 housing units and approximately 26,000 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/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-Bremerton, WA. metropolitan area covered in this release is comprised of Island, King, Kitsap, Pierce, Snohomish, and Thurston Counties in the State of Washington.

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

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

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

Expenditure category

 
 

All items

250.942-253.8152.51.1-

All items (1967=100)

764.970-773.727---

Food and beverages

258.926-260.8681.90.8-

Food

261.599-263.7531.80.8-

Food at home

247.632245.818248.4810.30.31.1

Food away from home

283.488-287.5603.81.4-

Alcoholic beverages

226.936-226.6853.3-0.1-

Housing

280.677-283.3684.91.0-

Shelter

315.890318.556319.4505.81.10.3

Rent of primary residence (1)

321.916323.460323.8906.20.60.1

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

332.575334.620335.4216.20.90.2

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

332.575334.620335.4216.20.90.2

Fuels and utilities

253.974-257.2023.11.3-

Household energy

231.157231.325234.6233.01.51.4

Energy services (1)

275.363275.449280.7473.72.01.9

Electricity (1)

298.345298.345305.3757.32.42.4

Utility (piped) gas service (1)

161.479161.753161.753-13.00.20.0

Household furnishings and operations

173.551-172.377-0.9-0.7-

Apparel

127.786-134.7391.75.4-

Transportation

201.733-207.900-1.83.1-

Private transportation

206.955-212.632-2.52.7-

Motor fuel

228.170239.399254.339-13.411.56.2

Gasoline (all types)

232.686244.398259.919-13.211.76.4

Gasoline, unleaded regular (3)

252.006264.972281.662-14.111.86.3

Gasoline, unleaded midgrade (3) (4)

183.249194.195203.838-12.511.25.0

Gasoline, unleaded premium (3)

216.537225.657241.280-9.111.46.9

Medical care

393.678-390.0891.1-0.9-

Recreation (5)

96.472-97.5011.31.1-

Education and communication (5)

140.701-140.2591.7-0.3-

Other goods and services

389.731-392.218-1.10.6-
 

Commodity and service group

 
 

All items

250.942-253.8152.51.1-

Commodities

184.552-186.955-1.01.3-

Commodities less food & beverages

148.140-150.674-3.11.7-

Nondurables less food & beverages

169.723-175.409-4.63.4-

Durables

125.343-125.055-1.0-0.2-

Services

312.767-316.0724.51.1-
 

Special aggregate indexes

 
 

All items less medical care

244.477-247.6572.61.3-

All items less shelter

226.230-228.8420.71.2-

Commodities less food

151.430-153.869-2.81.6-

Nondurables

212.378-216.307-1.01.9-

Nondurables less food

174.426-179.684-3.93.0-

Services less rent of shelter (2)

316.634-319.6832.81.0-

Services less medical care services

304.030-307.5964.71.2-

Energy

236.797242.282251.271-6.06.13.7

All items less energy

254.565-256.7613.10.9-

All items less food and energy

253.614-255.8193.30.9-

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 November 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: Tuesday, May 17, 2016