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News Release Information

22-1164-SAN
Friday, June 10, 2022

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

Consumer Price Index, Honolulu Area — May 2022

Area prices were up 1.6 percent over the past two months, up 7.0 percent from a year ago

Prices in the Honolulu area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 1.6 percent for the two months ending in May 2022, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the May increase was influenced by higher prices for energy and new and used motor vehicles. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U rose 7.0 percent. (See chart 1 and table A.) Food prices rose 8.7 percent. Energy prices jumped 37.6 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy advanced 4.3 percent over the year. (See table 1.)

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

Food prices advanced 0.9 percent for the two months ending in May. (See table 1.) Prices for food at home rose 0.6 percent, with higher prices in three of the six grocery categories. Prices for food away from home increased 1.3 percent for the same period.

Over the year, food prices rose 8.7 percent. Prices for food at home advanced 10.1 percent since a year ago, with prices rising in all six grocery categories. Prices for food away from home rose 6.8 percent.

Energy

The energy index jumped 10.0 percent for the two months ending in May. The increase was mainly due to higher prices for electricity (13.2 percent). Prices for natural gas service increased 13.6 percent, and prices for gasoline rose 7.5 percent for the same period.

Energy prices jumped 37.6 percent over the year, largely due to higher prices for gasoline (37.7 percent). Prices paid for electricity advanced 37.2 percent, and prices for natural gas service increased 32.4 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 1.0 percent in the latest two-month period. Higher prices for new and used motor vehicles (4.7 percent), other goods and services (3.3 percent), and education and communication (1.6 percent) were partially offset by lower prices for apparel (-0.6 percent) and shelter (-0.1 percent).

Over the year, the index for all items less food and energy advanced 4.3 percent. Components contributing to the increase included new and used motor vehicles (11.4 percent), medical care (10.0 percent) and shelter (2.4 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

September

0.1 1.1 0.6 1.9 1.0 5.0

November

0.1 0.9 -0.2 1.6 0.1 5.4

The July 2022 Consumer Price Index for the Honolulu area is scheduled to be released on August 10, 2022.


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
Mar.
2022
Apr.
2022
May
2022
May
2021
Mar.
2022
Apr.
2022

Expenditure category

All items

312.158 - 317.207 7.0 1.6 -

All items (1967=100)

859.362 - 873.262 - - -

Food and beverages

333.063 - 335.916 8.2 0.9 -

Food

334.866 - 337.888 8.7 0.9 -

Food at home

334.315 335.479 336.417 10.1 0.6 0.3

Cereals and bakery products

366.472 - 378.443 13.9 3.3 -

Meats, poultry, fish, and eggs

332.048 - 337.673 11.8 1.7 -

Dairy and related products

251.493 - 276.151 10.4 9.8 -

Fruits and vegetables

401.456 - 397.453 7.0 -1.0 -

Nonalcoholic beverages and beverage materials(1)

439.545 - 421.888 6.6 -4.0 -

Other food at home

316.550 - 313.919 10.9 -0.8 -

Food away from home

325.089 - 329.456 6.8 1.3 -

Alcoholic beverages

301.723 - 301.786 -0.3 0.0 -

Housing

336.185 - 338.907 4.6 0.8 -

Shelter

365.048 366.266 364.519 2.4 -0.1 -0.5

Rent of primary residence(2)

356.464 356.834 359.392 2.2 0.8 0.7

Owners' equiv. rent of residences(2)

367.828 367.942 367.181 0.7 -0.2 -0.2

Owners' equiv. rent of primary residence(2)

367.828 367.942 367.181 0.7 -0.2 -0.2

Fuels and utilities

420.628 - 456.819 23.6 8.6 -

Household energy

348.358 368.461 393.223 37.2 12.9 6.7

Energy services

340.725 361.027 385.629 37.0 13.2 6.8

Electricity

336.488 355.172 380.764 37.2 13.2 7.2

Utility (piped) gas service

365.171 416.686 414.815 32.4 13.6 -0.4

Household furnishings and operations

159.150 - 161.017 6.9 1.2 -

Apparel

112.673 - 111.998 2.1 -0.6 -

Transportation

264.540 - 278.114 16.5 5.1 -

Private transportation

274.426 - 285.775 18.0 4.1 -

New and used motor vehicles(3)

121.508 - 127.183 11.4 4.7 -

New vehicles(1)

174.901 - 184.921 8.2 5.7 -

Used cars and trucks(1)

352.769 - 355.164 15.5 0.7 -

Motor fuel

387.808 409.447 416.926 37.8 7.5 1.8

Gasoline (all types)

398.002 420.183 427.834 37.7 7.5 1.8

Gasoline, unleaded regular(4)

413.720 437.108 444.933 38.4 7.5 1.8

Gasoline, unleaded midgrade(4)(5)

328.962 346.850 353.738 36.4 7.5 2.0

Gasoline, unleaded premium(4)

371.353 390.798 398.393 34.9 7.3 1.9

Motor vehicle insurance(1)

- - - - - -

Medical care

- - 478.222 10.0 - -

Recreation(3)

141.413 - 143.184 3.9 1.3 -

Education and communication(3)

151.217 - 153.608 1.7 1.6 -

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

1,877.829 - 1,888.113 2.5 0.5 -

Other goods and services

539.058 - 556.716 6.8 3.3 -

Commodity and service group

All items

312.158 - 317.207 7.0 1.6 -

Commodities

238.356 - 244.311 11.7 2.5 -

Commodities less food & beverages

180.864 - 187.881 14.9 3.9 -

Nondurables less food & beverages

234.287 - 243.612 19.1 4.0 -

Durables

125.694 - 130.426 10.5 3.8 -

Services

377.017 - 381.544 4.7 1.2 -

Special aggregate indexes

All items less medical care

303.699 - 308.559 6.7 1.6 -

All items less shelter

289.934 - 298.327 10.3 2.9 -

Commodities less food

185.463 - 192.360 14.2 3.7 -

Nondurables

285.645 - 291.548 12.2 2.1 -

Nondurables less food

238.570 - 247.352 17.4 3.7 -

Services less rent of shelter(2)

389.843 - 402.908 8.4 3.4 -

Services less medical care services

367.842 - 372.152 4.5 1.2 -

Energy

367.030 387.833 403.700 37.6 10.0 4.1

All items less energy

310.625 - 313.626 5.0 1.0 -

All items less food and energy

308.078 - 311.090 4.3 1.0 -

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: Friday, June 10, 2022