FOR FURTHER INFORMATION: |
FOR RELEASE: |
WEST REGION CONSUMER PRICE INDEX (CPI) - JULY 2008 The Bureau of Labor Statistics of the U.S. Department of Labor reported today that the July 2008 All Items Consumer Price Index (CPI) in the West advanced 0.4 percent for the month. During the past 12 months, the overall index increased 5.3 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 July, and the energy index increased 1.1 percent. On an annual basis, these indexes rose 2.6 percent and 30.3 percent, respectively. Regional CPI area data are not seasonally adjusted. The transportation index advanced 0.4 percent for the month. For the year ending July, transportation prices jumped 13.5 percent. This was the largest annual increase in transportation prices since a 13.7 percent increase occurred in December 1980. Gasoline prices contributed significantly to higher transportation costs over the year. Gasoline prices increased 0.3 percent for the month and 42.3 percent for the year. New cars and trucks prices edged down 0.1 percent in July and were 1.0 percent lower than a year ago. The housing index advanced 0.5 percent for the month and rose 3.2 percent since July 2007. The index for shelter, the largest housing component, advanced 0.3 percent for the month and was 3.0 percent higher for the year. Prices for household fuels and utilities increased 2.5 percent from June to July, and 8.8 percent since last year. Within the fuels and utilities index, electricity prices increased 1.1 percent in July and advanced 3.9 percent from a year ago. Prices for utility (piped) gas service rose 6.8 percent for the month and jumped 23.0 percent over the year. Prices for household furnishings and operations increased 0.3 percent for the month and edged up 0.1 percent for the year. Food and beverages prices rose 0.7 percent in July 2008 and increased 5.8 percent over the past 12 months. Grocery prices, as measured by the food at home index, advanced 1.0 percent in July. The food away from home index increased 0.6 percent in July. Over the year, prices for groceries increased 7.3 percent, and prices for food away from home increased 4.1 percent. Prices for alcoholic beverages declined 0.3 percent in July, but rose 3.9 percent over the year. The medical care index was unchanged for the month and increased 4.0 percent for the year. In July, prices for medical care services edged up 0.1 percent, but prices for medical care commodities declined 0.6 percent. Over the latest 12-month period, prices for medical care services and prices for medical care commodities advanced 4.6 and 2.0 percent, respectively. The apparel index was the only major expenditure category that declined over the month. Prices were down 2.7 percent in July, but increased 1.2 percent over the past 12 months. Among the remaining major expenditure categories, prices for education and communication increased 0.4 percent, and prices for other goods and services inched up 0.1 percent. Over the past year, prices for education and communication were 3.5 percent higher, and prices for other goods and services were up 3.4 percent. The recreation index rose 0.3 percent in July and advanced 0.5 percent for the year. The All Items Consumer Price Index for All Urban Consumers (CPI-U) for the West stands at 223.867 (1982-84=100). This means a market basket of goods and services that cost $100.00 in 1982-84 would have cost $223.87 in July 2008.
_________________________________________________________________________________________ |
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 May June July July May June 2008 2008 2008 2007 2008 2008 Expenditure category All items.................................... 221.009 223.040 223.867 5.3 1.3 0.4 All items (December 1977=100) ............... 357.249 360.532 361.869 - - - Food and beverages.......................... 218.321 219.494 221.139 5.8 1.3 .7 Food....................................... 217.611 218.806 220.636 5.9 1.4 .8 Food at home.............................. 222.973 224.337 226.684 7.3 1.7 1.0 Food away from home....................... 209.813 210.792 211.971 4.1 1.0 .6 Alcoholic beverages........................ 225.626 226.529 225.897 3.9 .1 -.3 Housing..................................... 227.271 227.629 228.864 3.2 .7 .5 Shelter.................................... 254.051 254.387 255.242 3.0 .5 .3 Rent of primary residence (1)............. 254.181 254.677 255.331 4.0 .5 .3 Owners' equivalent rent of primary residence (1) (2) .................... 265.815 266.587 267.153 3.3 .5 .2 Fuels and utilities........................ 234.713 236.250 242.120 8.8 3.2 2.5 Household energy.......................... 224.148 225.811 232.065 10.0 3.5 2.8 Gas (piped) and electricity (1).......... 225.311 226.727 232.998 9.0 3.4 2.8 Electricity (1)......................... 224.712 224.224 226.634 3.9 .9 1.1 Utility (piped) gas service (1)......... 247.714 254.479 271.903 23.0 9.8 6.8 Household furnishings and operations....... 133.424 133.320 133.764 .1 .3 .3 Apparel..................................... 114.620 111.423 108.467 1.2 -5.4 -2.7 Transportation.............................. 204.564 213.387 214.211 13.5 4.7 .4 Private transportation..................... 199.000 207.301 207.719 13.4 4.4 .2 New and used motor vehicles (3)........... 93.618 93.329 93.306 -.6 -.3 .0 New vehicles............................. 134.056 133.785 133.658 -1.0 -.3 -.1 New cars and trucks (3) (4)............. 93.212 93.021 92.930 -1.0 -.3 -.1 New cars (4)............................ 135.421 135.531 136.059 1.3 .5 .4 Used cars and trucks..................... 133.892 133.631 133.558 .0 -.2 -.1 Motor fuel................................ 315.072 352.320 353.317 42.7 12.1 .3 Gasoline (all types)..................... 312.166 350.024 351.110 42.3 12.5 .3 Gasoline, unleaded regular (4).......... 311.960 350.122 351.523 43.1 12.7 .4 Gasoline, unleaded midgrade (4) (5)..... 291.366 326.346 326.734 40.6 12.1 .1 Gasoline, unleaded premium (4).......... 295.349 329.835 330.394 39.9 11.9 .2 Medical care................................ 368.606 369.169 369.054 4.0 .1 .0 Medical care commodities................... 298.580 299.590 297.892 2.0 -.2 -.6 Medical care services...................... 389.712 390.090 390.598 4.6 .2 .1 Professional services..................... 291.258 292.123 292.694 3.6 .5 .2 Recreation (3).............................. 108.863 109.155 109.522 .5 .6 .3 Education and communication (3)............. 122.395 122.774 123.309 3.5 .7 .4 Other goods and services.................... 346.626 346.887 347.269 3.4 .2 .1 Commodity and service group All items.................................... 221.009 223.040 223.867 5.3 1.3 .4 Commodities................................. 176.301 179.351 179.590 7.4 1.9 .1 Commodities less food and beverages........ 152.464 156.050 155.765 8.3 2.2 -.2 Nondurables less food and beverages....... 198.323 206.683 205.744 16.5 3.7 -.5 Nondurables less food, beverages, and apparel.............................. 256.923 273.060 273.438 21.3 6.4 .1 Durables.................................. 111.580 111.520 111.723 -1.3 .1 .2 Services.................................... 261.268 262.185 263.600 3.9 .9 .5 Rent of shelter (2) ....................... 270.272 270.610 271.585 3.0 .5 .4 Transportation services.................... 245.721 250.189 252.805 6.0 2.9 1.0 Other services............................. 291.085 292.090 293.133 3.8 .7 .4 Special aggregate indexes All items less medical care.................. 213.822 215.885 216.737 5.4 1.4 .4 All items less food.......................... 221.681 223.841 224.516 5.2 1.3 .3 All items less shelter....................... 208.930 211.703 212.525 6.6 1.7 .4 Commodities less food........................ 155.529 159.068 158.771 8.1 2.1 -.2 Nondurables.................................. 210.149 215.290 215.535 11.1 2.6 .1 Nondurables less food........................ 200.845 208.793 207.868 15.6 3.5 -.4 Nondurables less food and apparel............ 253.267 267.893 268.173 19.7 5.9 .1 Services less rent of shelter (2) ........... 278.844 280.680 282.877 5.1 1.4 .8 Services less medical care services.......... 251.727 252.661 254.106 3.9 .9 .6 Energy....................................... 279.220 301.821 305.028 30.3 9.2 1.1 All items less energy........................ 218.168 218.551 219.193 3.1 .5 .3 All items less food and energy.............. 218.915 219.162 219.605 2.6 .3 .2 Commodities less food and energy commodities............................ 137.284 136.656 136.167 .1 -.8 -.4 Energy commodities......................... 318.416 355.450 356.642 42.7 12.0 .3 Services less energy services.............. 264.232 265.119 266.230 3.7 .8 .4 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: August 14, 2008
Quick Links
Tools |
Calculators |
Help |
Info |