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October 16, 2008

WEST REGION CONSUMER PRICE INDEX (CPI) - SEPTEMBER 2008

The Bureau of Labor Statistics of the U.S. Department of Labor reported today that the All Items Consumer Price Index (CPI) in the West decreased 0.3 percent in September 2008. During the past 12 months, the overall index increased 4.3 percent. Regional Commissioner Stanley W. Suchman noted that the annual increase was primarily due to higher transportation prices. The special all items less food and energy index rose by 0.2 percent in September, but the energy index decreased 5.4 percent. On an annual basis, these indexes rose by 2.4 percent and 21.4 percent, respectively. Regional CPI area data are not seasonally adjusted.

The transportation index, which comprises approximately 19 percent of the all items index, declined 2.8 percent in September. For the year ending September 2008, transportation prices advanced 9.6 percent. Gasoline prices decreased 6.3 percent for the month, but increased 31.9 percent since September 2007. New cars and trucks prices declined 1.2 percent in September and were 2.1 percent lower than a year ago. On a year-over-year basis, prices for new cars and trucks have declined in every month since November 2006.

The housing index was unchanged for September, but rose 2.8 percent since September 2007. The index for shelter, the largest housing component, edged up 0.2 percent for the month and was 2.7 percent higher for the year. Prices for household fuels and utilities decreased 2.6 percent in September, but increased 5.2 percent since last year. Within the fuels and utilities index, electricity prices declined 0.2 percent in September and advanced 3.7 percent from a year ago. Prices for utility (piped) gas service fell 11.5 percent for the month, but increased 5.6 percent over the year. Prices for household furnishings and operations advanced 0.6 percent for the month and increased 1.9 percent for the year.

Food and beverages prices rose 0.4 percent in September 2008 and increased 5.6 percent over the past 12 months. Both food price measures, food at home and food away from home, advanced 0.4 percent in September. Over the year, prices for food at home increased 7.3 percent, and prices for food away from home increased 3.9 percent. Prices for alcoholic beverages rose 0.5 percent in September and 3.4 percent over the year.

The medical care index edged up 0.2 percent for the month and increased 3.7 percent for the year. In September, both medical care commodities and medical care services prices increased 0.2 percent and matched the overall medical care category. Over the latest 12-month period, prices for medical care commodities and medical care services advanced 1.4 and 4.4 percent, respectively.

Apparel prices were up 2.8 percent in September, but decreased 0.8 percent over the past 12 months.

Among the remaining major expenditure categories, prices for education and communication increased 0.9 percent, and prices for other goods and services were up 0.3 percent. Over the past year, prices for education and communication were 3.3 percent higher, and prices for other goods and services were up 3.9 percent. The recreation index inched up 0.2 percent in September and advanced 1.3 percent for the year.

The All Items Consumer Price Index for All Urban Consumers (CPI-U) for the West stands at 222.132 (1982-84=100). This means a market basket of goods and services that cost $100.00 in 1982-84 would have cost $222.13 in September 2008.

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  Consumer Price Index for All Urban Consumers (CPI-U):  Indexes and percent changes for selected periods

  West   (1982-84=100 unless otherwise noted)
                                                                                                           
                                                                                                           
                                                             Indexes                Percent change from-   
                                                                                                           
                 Item and Group                                                                            
                                                   July       Aug.       Sep.      Sep.     July     Aug.  
                                                   2008       2008       2008      2007     2008     2008  
                                                                                                           
                                                                                                           
                                                                                                           
              Expenditure category                                                                         
                                                                                                           
  All items....................................   223.867    222.823    222.132      4.3     -0.8     -0.3 
  All items (December 1977=100) ...............   361.869    360.181    359.064        -        -        - 
                                                                                                           
   Food and beverages..........................   221.139    221.506    222.465      5.6       .6       .4 
    Food.......................................   220.636    221.063    222.005      5.8       .6       .4 
     Food at home..............................   226.684    227.153    228.134      7.3       .6       .4 
     Food away from home.......................   211.971    212.342    213.231      3.9       .6       .4 
    Alcoholic beverages........................   225.897    225.552    226.703      3.4       .4       .5 
                                                                                                           
   Housing.....................................   228.864    228.814    228.805      2.8       .0       .0 
    Shelter....................................   255.242    255.593    256.149      2.7       .4       .2 
     Rent of primary residence (1).............   255.331    255.857    256.817      3.9       .6       .4 
     Owners' equivalent rent of primary                                                                    
         residence (1) (2) ....................   267.153    267.752    268.801      3.2       .6       .4 
    Fuels and utilities........................   242.120    238.144    232.056      5.2     -4.2     -2.6 
     Household energy..........................   232.065    226.527    218.748      5.1     -5.7     -3.4 
      Gas (piped) and electricity (1)..........   232.998    227.545    219.737      4.3     -5.7     -3.4 
       Electricity (1).........................   226.634    226.719    226.335      3.7      -.1      -.2 
       Utility (piped) gas service (1).........   271.903    250.776    221.909      5.6    -18.4    -11.5 
    Household furnishings and operations.......   133.764    134.122    134.951      1.9       .9       .6 
                                                                                                           
   Apparel.....................................   108.467    108.777    111.784      -.8      3.1      2.8 
                                                                                                           
   Transportation..............................   214.211    208.298    202.514      9.6     -5.5     -2.8 
    Private transportation.....................   207.719    201.618    196.009      9.2     -5.6     -2.8 
     New and used motor vehicles (3)...........    93.306     93.047     91.832     -2.2     -1.6     -1.3 
      New vehicles.............................   133.658    133.072    131.419     -2.1     -1.7     -1.2 
       New cars and trucks (3) (4).............    92.930     92.520     91.364     -2.1     -1.7     -1.2 
       New cars (4)............................   136.059    136.451    135.188       .9      -.6      -.9 
      Used cars and trucks.....................   133.558    133.153    130.710     -3.0     -2.1     -1.8 
     Motor fuel................................   353.317    325.719    304.860     32.0    -13.7     -6.4 
      Gasoline (all types).....................   351.110    323.707    303.302     31.9    -13.6     -6.3 
       Gasoline, unleaded regular (4)..........   351.523    323.909    303.249     32.5    -13.7     -6.4 
       Gasoline, unleaded midgrade (4) (5).....   326.734    301.628    282.985     31.2    -13.4     -6.2 
       Gasoline, unleaded premium (4)..........   330.394    305.000    286.611     30.1    -13.3     -6.0 
                                                                                                           
   Medical care................................   369.054    369.557    370.387      3.7       .4       .2 
    Medical care commodities...................   297.892    298.723    299.341      1.4       .5       .2 
    Medical care services......................   390.598    390.964    391.862      4.4       .3       .2 
     Professional services.....................   292.694    293.323    293.476      3.7       .3       .1 
                                                                                                           
   Recreation (3)..............................   109.522    109.664    109.857      1.3       .3       .2 
                                                                                                           
   Education and communication (3).............   123.309    124.122    125.217      3.3      1.5       .9 
                                                                                                           
   Other goods and services....................   347.269    348.239    349.167      3.9       .5       .3 
                                                                                                           
           Commodity and service group                                                                     
                                                                                                           
  All items....................................   223.867    222.823    222.132      4.3      -.8      -.3 
   Commodities.................................   179.590    177.335    175.951      5.5     -2.0      -.8 
    Commodities less food and beverages........   155.765    152.663    150.490      5.5     -3.4     -1.4 
     Nondurables less food and beverages.......   205.744    199.217    195.424     11.9     -5.0     -1.9 
      Nondurables less food, beverages, and                                                                
          apparel..............................   273.438    262.284    253.934     16.3     -7.1     -3.2 
     Durables..................................   111.723    111.264    110.376     -1.9     -1.2      -.8 
   Services....................................   263.600    263.842    263.890      3.5       .1       .0 
    Rent of shelter (2) .......................   271.585    271.961    272.461      2.7       .3       .2 
    Transportation services....................   252.805    253.395    251.865      6.1      -.4      -.6 
    Other services.............................   293.133    294.607    296.457      3.9      1.1       .6 
                                                                                                           
            Special aggregate indexes                                                                      
                                                                                                           
  All items less medical care..................   216.737    215.649    214.911      4.4      -.8      -.3 
  All items less food..........................   224.516    223.246    222.305      4.1     -1.0      -.4 
  All items less shelter.......................   212.525    210.876    209.647      5.2     -1.4      -.6 
  Commodities less food........................   158.771    155.722    153.624      5.4     -3.2     -1.3 
  Nondurables..................................   215.535    212.116    210.474      8.7     -2.3      -.8 
  Nondurables less food........................   207.868    201.685    198.173     11.3     -4.7     -1.7 
  Nondurables less food and apparel............   268.173    258.090    250.678     15.1     -6.5     -2.9 
  Services less rent of shelter (2) ...........   282.877    282.958    282.377      4.7      -.2      -.2 
  Services less medical care services..........   254.106    254.339    254.343      3.5       .1       .0 
  Energy.......................................   305.028    286.478    270.952     21.4    -11.2     -5.4 
  All items less energy........................   219.193    219.557    220.061      2.9       .4       .2 
   All items less food and energy..............   219.605    219.959    220.391      2.4       .4       .2 
    Commodities less food and energy                                                                       
        commodities............................   136.167    136.156    136.392      -.4       .2       .2 
    Energy commodities.........................   356.642    329.118    308.252     31.9    -13.6     -6.3 
    Services less energy services..............   266.230    266.833    267.380      3.5       .4       .2 

    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 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.
  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.


 

Last Modified Date: October 16, 2008