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News Release Information

22-1162-SAN
Friday, June 10, 2022

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

Consumer Price Index, Riverside Area – May 2022

Area prices were up 1.4 percent over the past two months, up 9.4 percent from a year ago

Prices in the Riverside area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 1.4 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 shelter, gasoline, and food. (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 9.4 percent. (See chart 1 and table A.) Food prices rose 9.3 percent. Energy prices jumped 35.2 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy advanced 6.2 percent over the year. (See table 1.)

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

Food prices advanced 2.1 percent for the two months ending in May. (See table 1.) Prices for food at home rose 1.2 percent, led by higher prices for meats, poultry, fish, and eggs (3.7 percent). Prices for food away from home increased 3.4 percent for the same period.

Over the year, food prices rose 9.3 percent. Prices for food at home jumped 10.5 percent since a year ago, led by a 17.9 percent increase in prices for meats, poultry, fish, and eggs. Prices for food away from home rose 8.3 percent.

Energy

The energy index advanced 2.9 percent for the two months ending in May. The increase was influenced by higher prices for gasoline (3.9 percent). Prices for natural gas service jumped 17.3 percent, but prices for electricity decreased 3.9 percent for the same period.

Energy prices jumped 35.2 percent over the year, largely due to higher prices for gasoline (44.3 percent). Prices paid for natural gas service rose 22.7 percent, and prices for electricity increased 18.2 percent during the past year.

All items less food and energy

The index for all items less food and energy rose 1.1 percent in the latest two-month period. Higher prices for other goods and services (3.0 percent), new vehicles (2.6 percent), and shelter (1.2 percent) were partially offset by lower prices for apparel (-2.0 percent) and alcoholic beverages (-1.1 percent).

Over the year, the index for all items less food and energy advanced 6.2 percent. Components contributing to the increase included new and used motor vehicles (9.3 percent), household furnishings and operations (9.2 percent), and shelter (6.6 percent).

Table A. Riverside-San Bernardino-Ontario, CA, 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

0.4 3.0 0.5 3.0 0.9 2.2 1.5 8.6

March

0.7 2.8 0.0 2.3 1.3 3.6 2.7 10.0

May

1.2 2.9 -0.2 0.9 2.0 5.9 1.4 9.4

July

-0.1 2.6 0.7 1.7 1.3 6.5

September

0.6 3.1 0.5 1.7 0.8 6.8

November

0.2 2.9 0.4 1.9 1.4 7.9

The July 2022 Consumer Price Index for the Riverside 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 Riverside-San Bernardino-Ontario, CA metropolitan area includes Riverside and San Bernardino Counties in 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 and percent changes for selected periods

Riverside-San Bernardino-Ontario (December 2017=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

122.127 - 123.893 9.4 1.4 -

Food and beverages

121.186 - 123.584 9.2 2.0 -

Food

121.597 - 124.181 9.3 2.1 -

Food at home

121.721 122.177 123.193 10.5 1.2 0.8

Cereals and bakery products

129.070 - 130.578 12.9 1.2 -

Meats, poultry, fish, and eggs

126.054 - 130.672 17.9 3.7 -

Dairy and related products

105.005 - 108.816 2.1 3.6 -

Fruits and vegetables

123.779 - 124.863 9.3 0.9 -

Nonalcoholic beverages and beverage materials

122.205 - 123.885 7.9 1.4 -

Other food at home

118.808 - 117.021 7.8 -1.5 -

Food away from home

120.887 - 125.036 8.3 3.4 -

Alcoholic beverages

114.194 - 112.984 6.6 -1.1 -

Housing

122.103 - 123.566 8.0 1.2 -

Shelter

119.056 119.794 120.506 6.6 1.2 0.6

Rent of primary residence

121.099 121.519 122.267 8.1 1.0 0.6

Owners' equiv. rent of residences

118.479 119.415 120.264 6.3 1.5 0.7

Owners' equiv. rent of primary residence

118.479 119.415 120.264 6.3 1.5 0.7

Fuels and utilities

147.982 - 148.807 15.5 0.6 -

Household energy

158.127 152.755 159.371 19.8 0.8 4.3

Energy services

158.985 153.625 160.433 19.8 0.9 4.4

Electricity

161.665 155.771 155.388 18.2 -3.9 -0.2

Utility (piped) gas service

149.430 145.796 175.301 22.7 17.3 20.2

Household furnishings and operations

117.015 - 119.309 9.2 2.0 -

Apparel

108.951 - 106.720 4.9 -2.0 -

Transportation

138.274 - 141.408 19.6 2.3 -

Private transportation

141.042 - 143.984 20.4 2.1 -

New and used motor vehicles

116.928 - 118.775 9.3 1.6 -

New vehicles

110.477 - 113.349 6.8 2.6 -

Used cars and trucks

149.282 - 150.296 15.5 0.7 -

Motor fuel

185.415 189.295 192.873 44.7 4.0 1.9

Gasoline (all types)

185.582 189.312 192.832 44.3 3.9 1.9

Gasoline, unleaded regular(1)

186.852 190.527 194.172 44.8 3.9 1.9

Gasoline, unleaded midgrade(1)

184.822 188.909 191.966 42.9 3.9 1.6

Gasoline, unleaded premium(1)

179.587 183.507 186.526 42.3 3.9 1.6

Motor vehicle insurance

- - - - - -

Medical care

115.863 - 115.886 4.1 0.0 -

Recreation

105.156 - 106.500 1.1 1.3 -

Education and communication

109.256 - 110.146 2.5 0.8 -

Tuition, other school fees, and child care

120.328 - 120.390 1.6 0.1 -

Other goods and services

116.006 - 119.457 7.3 3.0 -

Commodity and service group

All items

122.127 - 123.893 9.4 1.4 -

Commodities

125.302 - 127.796 13.6 2.0 -

Commodities less food & beverages

127.474 - 130.018 16.0 2.0 -

Nondurables less food & beverages

138.604 - 141.607 25.0 2.2 -

Durables

116.153 - 118.250 7.3 1.8 -

Services

120.235 - 121.527 6.8 1.1 -

Special aggregate indexes

All items less medical care

122.556 - 124.435 9.8 1.5 -

All items less shelter

123.896 - 125.835 10.9 1.6 -

Commodities less food

127.057 - 129.506 15.8 1.9 -

Nondurables

129.484 - 132.171 16.7 2.1 -

Nondurables less food

137.283 - 140.071 24.1 2.0 -

Services less rent of shelter

121.741 - 122.797 7.0 0.9 -

Services less medical care services

120.361 - 121.722 7.1 1.1 -

Energy

175.853 176.267 181.002 35.2 2.9 2.7

All items less energy

117.341 - 118.800 6.6 1.2 -

All items less food and energy

116.683 - 117.956 6.2 1.1 -

Footnotes
(1) Special index based on a substantially smaller sample.

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

 

Last Modified Date: Friday, June 10, 2022