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News Release Information

24-1400-SAN
Thursday, July 11, 2024

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

Consumer Price Index, West Region — June 2024

Area prices were down 0.2 percent over the past month, up 2.8 percent from a year ago

Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), fell 0.2 percent in June, the U.S. Bureau of Labor Statistics reported today. (See table A.) The June 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 increased 2.8 percent. (See chart 1 and table A.) Food prices increased 2.6 percent. Energy prices advanced 1.0 percent, largely the result of an increase in the price of electricity. The index for all items less food and energy rose 3.0 percent over the year. (See table 1.)  

Food

Food prices rose 0.2 percent for the month of June. (See table 1.) Prices for food at home declined 0.1 percent, largely due to lower prices for fruits and vegetables (-1.7 percent). Prices for food away from home rose 0.6 percent for the same period.

Over the year, food prices increased 2.6 percent. Prices for food at home rose 1.3 percent since a year ago, led by higher prices for meats, poultry, fish, and eggs (3.7 percent) and other food at home (1.8 percent). Prices for food away from home advanced 4.7 percent.

Energy

The energy index declined 3.7 percent over the month. The decrease was mainly due to lower prices for gasoline (-6.1 percent). Prices for electricity declined 1.3 percent, while prices for natural gas service increased 2.1 percent for the same period.

Energy prices advanced 1.0 percent over the year, largely due to higher prices for electricity (9.2 percent). Prices paid for natural gas service rose 6.4 percent, while prices for gasoline fell 4.5 percent during the past year.

All items less food and energy

The index for all items less food and energy was unchanged in June. Higher prices for other goods and services (1.7 percent) and medical care (0.3 percent) were partially offset by lower prices for household furnishings and operations (-0.4 percent).

Over the year, the index for all items less food and energy rose 3.0 percent. Components contributing to the increase included medical care (5.0 percent) and shelter (4.1 percent). Partly offsetting the increases were price decreases in new and used motor vehicles (-4.2 percent) and household furnishings and operations (-1.2 percent).

Table A. West region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2020 2021 2022 2023 2024
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.3 2.9 0.2 1.4 0.9 7.7 0.9 6.3 0.7 3.3

February

0.4 3.1 0.5 1.6 0.8 8.1 0.5 6.0 0.4 3.2

March

-0.2 2.5 0.7 2.4 1.3 8.7 0.5 5.1 0.9 3.6

April

-0.4 1.3 1.0 3.9 0.7 8.3 0.5 4.9 0.6 3.7

May

0.1 0.8 0.8 4.7 0.8 8.3 0.4 4.5 0.1 3.3

June

0.4 1.2 0.9 5.1 1.2 8.8 0.3 3.5 -0.2 2.8

July

0.5 1.7 0.6 5.2 0.1 8.3 0.1 3.5

August

0.3 1.9 0.2 5.0 0.0 8.1 0.4 3.9

September

0.0 1.6 0.2 5.3 0.3 8.3 0.4 3.9

October

0.2 1.2 0.8 6.0 0.7 8.1 0.1 3.3

November

0.0 1.4 0.5 6.5 -0.4 7.1 -0.4 3.3

December

-0.1 1.5 0.4 7.1 -0.4 6.2 -0.1 3.6

The July 2024 Consumer Price Index for the West Region is scheduled to be released on August 14, 2024.


Technical Note

The Consumer Price Index for the West Region is published monthly. 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 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, 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 West Region covered in this release is comprised of the following thirteen states: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.

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

West (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Historical
data
Apr.
2024
May
2024
Jun.
2024
Jun.
2023
Apr.
2024
May
2024

Expenditure category

All Items

334.050 334.292 333.662 2.8 -0.1 -0.2

All items (December 1977=100)

539.974 540.365 539.346 - - -

Food and beverages

340.325 341.331 341.948 2.6 0.5 0.2

Food

342.695 343.696 344.320 2.6 0.5 0.2

Food at home

320.076 321.106 320.676 1.3 0.2 -0.1

Cereals and bakery products

331.987 335.515 333.867 -0.5 0.6 -0.5

Meats, poultry, fish, and eggs

344.964 348.228 348.945 3.7 1.2 0.2

Dairy and related products

285.323 284.631 284.165 0.4 -0.4 -0.2

Fruits and vegetables

403.472 406.886 400.111 0.5 -0.8 -1.7

Nonalcoholic beverages and beverage materials

225.817 223.598 223.986 -0.3 -0.8 0.2

Other food at home

277.448 277.123 279.187 1.8 0.6 0.7

Food away from home

374.678 375.619 377.964 4.7 0.9 0.6

Alcoholic beverages

304.043 305.108 305.628 2.4 0.5 0.2

Housing

372.998 374.002 373.583 3.8 0.2 -0.1

Shelter

429.234 430.072 429.865 4.1 0.1 0.0

Rent of primary residence(1)

455.275 456.512 456.998 4.1 0.4 0.1

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

450.645 451.211 451.562 4.2 0.2 0.1

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

450.426 450.989 451.333 4.2 0.2 0.1

Fuels and utilities

424.330 429.018 427.383 7.4 0.7 -0.4

Household energy

372.663 378.549 376.274 8.3 1.0 -0.6

Energy services(1)

376.143 382.253 379.943 8.6 1.0 -0.6

Electricity(1)

423.523 427.593 421.973 9.2 -0.4 -1.3

Utility (piped) gas service(1)

283.454 295.428 301.603 6.4 6.4 2.1

Household furnishings and operations

158.001 158.247 157.596 -1.2 -0.3 -0.4

Apparel

127.308 125.766 126.699 -0.6 -0.5 0.7

Transportation

290.292 288.932 284.482 1.8 -2.0 -1.5

Private transportation

287.904 285.990 282.659 1.8 -1.8 -1.2

New and used motor vehicles(3)

123.480 123.652 123.370 -4.2 -0.1 -0.2

New vehicles

175.725 175.466 175.470 -1.4 -0.1 0.0

New cars and trucks(3)(4)

- - - - - -

New cars(4)

173.450 173.596 173.291 -2.1 -0.1 -0.2

Used cars and trucks

172.840 173.701 173.893 -10.2 0.6 0.1

Motor fuel

380.778 372.481 350.324 -4.6 -8.0 -5.9

Gasoline (all types)

380.052 371.875 349.287 -4.5 -8.1 -6.1

Gasoline, unleaded regular(4)

376.087 367.756 344.810 -4.8 -8.3 -6.2

Gasoline, unleaded midgrade(4)(5)

362.517 355.141 334.779 -3.9 -7.7 -5.7

Gasoline, unleaded premium(4)

372.242 365.070 345.038 -3.4 -7.3 -5.5

Medical Care

603.789 607.285 609.095 5.0 0.9 0.3

Medical care commodities

466.995 474.853 476.071 4.5 1.9 0.3

Medical care services

646.090 648.180 650.175 5.1 0.6 0.3

Professional services

421.019 422.268 424.767 5.5 0.9 0.6

Recreation(3)

132.093 131.285 131.248 0.6 -0.6 0.0

Education and communication(3)

144.366 144.024 143.827 0.3 -0.4 -0.1

Tuition, other school fees, and child care(6)

1,667.367 1,671.739 1,675.543 1.5 0.5 0.2

Other goods and services

543.066 545.289 554.723 3.0 2.1 1.7

Commodity and Service Group

All Items

334.050 334.292 333.662 2.8 -0.1 -0.2

Commodities

229.448 229.025 227.716 -0.8 -0.8 -0.6

Commodities less food & beverages

177.034 176.128 174.207 -2.7 -1.6 -1.1

Nondurables less food & beverages

239.535 237.767 233.627 -1.4 -2.5 -1.7

Nondurables less food, beverages, and apparel

318.213 316.269 308.662 -1.6 -3.0 -2.4

Durables

123.417 123.104 122.672 -4.2 -0.6 -0.4

Services

431.410 432.318 432.389 5.0 0.2 0.0

Rent of shelter(2)

457.718 458.622 458.400 4.1 0.1 0.0

Transportation services

426.880 427.430 426.172 12.5 -0.2 -0.3

Other services

414.136 413.198 414.914 2.3 0.2 0.4

Special aggregate indexes:

All items less medical care

321.601 321.705 320.974 2.7 -0.2 -0.2

All items less food

332.797 332.925 332.105 2.9 -0.2 -0.2

All items less shelter

296.549 296.538 295.719 2.1 -0.3 -0.3

Commodities less food

181.771 180.897 179.008 -2.5 -1.5 -1.0

Nondurables

290.006 289.550 287.650 0.7 -0.8 -0.7

Nondurables less food

244.708 243.076 239.151 -1.2 -2.3 -1.6

Nondurables less food and apparel

316.467 314.782 307.879 -1.3 -2.7 -2.2

Services less rent of shelter(2)

446.574 447.594 448.076 6.3 0.3 0.1

Services less medical care services

416.270 417.098 417.045 5.0 0.2 0.0

Energy

385.035 382.721 368.735 1.0 -4.2 -3.7

All items less energy

333.541 333.942 334.128 3.0 0.2 0.1

All items less food and energy

332.846 333.150 333.265 3.0 0.1 0.0

Commodities less food and energy commodities

160.780 160.601 160.602 -2.3 -0.1 0.0

Energy commodities

387.135 378.803 356.599 -4.6 -7.9 -5.9

Services less energy services

436.356 437.004 437.197 4.8 0.2 0.0

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) 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.
(6) Indexes on a December 1977=100 base.

- Data not available
Regions defined as the four Census regions. West includes Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.

 

Last Modified Date: Thursday, July 11, 2024