Consumer Price Index, West Region — March 2024 : Western Information Office : U.S. Bureau of Labor Statistics
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News Release Information

24-679-SAN
Wednesday, April 10, 2024

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

Consumer Price Index, West Region — March 2024

Area prices were up 0.9 percent over the past month, up 3.6 percent from a year ago

Prices in the West Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.9 percent in March, the U.S. Bureau of Labor Statistics reported today. (See table A.) The March increase was influenced by higher prices for shelter and 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 advanced 3.6 percent. (See chart 1 and table A.) Food prices rose 2.4 percent. Energy prices advanced 3.5 percent, largely the result of an increase in the price of electricity. The index for all items less food and energy rose 3.8 percent over the year. (See table 1.)  

Food

Food prices increased 0.2 percent for the month of March. (See table 1.) Prices for food at home were unchanged. Higher prices for fruits and vegetables (0.6 percent) were offset by lower prices for cereals and bakery products (-0.7 percent) and other food at home (-0.5 percent). Prices for food away from home rose 0.4 percent for the same period.

Over the year, food prices rose 2.4 percent. Prices for food at home increased 1.4 percent since a year ago, with higher prices in four of the six grocery categories. Prices for food away from home increased 4.4 percent.

Energy

The energy index rose 4.1 percent over the month. The increase was mainly due to higher prices for gasoline (7.3 percent). Prices for electricity rose 1.3 percent, while prices for natural gas service fell 1.9 percent for the same period.

Energy prices advanced 3.5 percent over the year, largely due to higher prices for electricity (10.2 percent). Prices paid for natural gas service rose 5.1 percent, while prices for gasoline fell 0.4 percent during the past year.

All items less food and energy

The index for all items less food and energy increased 0.7 percent in March. Higher prices for apparel (1.5 percent) and shelter (0.7 percent) were partially offset by lower prices for education and communication (-0.3 percent) and medical care (-0.1 percent).

Over the year, the index for all items less food and energy rose 3.8 percent. Components contributing to the increase included shelter (4.6 percent) and medical care (4.6 percent). Partly offsetting the increases were price decreases in new and used motor vehicles (-1.3 percent) and apparel (-0.7 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

May

0.1 0.8 0.8 4.7 0.8 8.3 0.4 4.5

June

0.4 1.2 0.9 5.1 1.2 8.8 0.3 3.5

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 April 2024 Consumer Price Index for the West Region is scheduled to be released on May 15, 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
Jan.
2024
Feb.
2024
Mar.
2024
Mar.
2023
Jan.
2024
Feb.
2024

Expenditure category

All Items

328.053 329.339 332.202 3.6 1.3 0.9

All items (December 1977=100)

530.280 532.359 536.985 - - -

Food and beverages

338.646 338.829 339.395 2.5 0.2 0.2

Food

341.068 341.219 341.817 2.4 0.2 0.2

Food at home

319.595 319.779 319.813 1.4 0.1 0.0

Cereals and bakery products

331.333 334.583 332.141 -0.4 0.2 -0.7

Meats, poultry, fish, and eggs

343.304 344.564 345.699 2.0 0.7 0.3

Dairy and related products

283.177 282.035 281.995 -1.8 -0.4 0.0

Fruits and vegetables

403.229 400.201 402.686 2.5 -0.1 0.6

Nonalcoholic beverages and beverage materials

227.536 226.248 227.413 2.4 -0.1 0.5

Other food at home

277.074 278.131 276.701 1.5 -0.1 -0.5

Food away from home

371.193 371.290 372.804 4.4 0.4 0.4

Alcoholic beverages

301.567 302.220 302.306 2.8 0.2 0.0

Housing

368.627 370.012 372.494 4.4 1.0 0.7

Shelter

422.948 424.770 427.898 4.6 1.2 0.7

Rent of primary residence(1)

451.299 452.449 453.744 4.7 0.5 0.3

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

446.985 448.415 449.733 4.9 0.6 0.3

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

446.778 448.205 449.520 4.9 0.6 0.3

Fuels and utilities

424.202 426.412 428.399 8.0 1.0 0.5

Household energy

374.501 375.840 378.042 8.7 0.9 0.6

Energy services(1)

377.989 379.307 381.722 9.1 1.0 0.6

Electricity(1)

416.928 417.893 423.507 10.2 1.6 1.3

Utility (piped) gas service(1)

307.590 309.948 304.173 5.1 -1.1 -1.9

Household furnishings and operations

158.462 158.131 158.610 0.4 0.1 0.3

Apparel

123.555 124.638 126.490 -0.7 2.4 1.5

Transportation

269.967 274.032 283.470 4.4 5.0 3.4

Private transportation

268.437 271.009 281.561 4.6 4.9 3.9

New and used motor vehicles(3)

122.166 123.013 123.292 -1.3 0.9 0.2

New vehicles

176.123 176.172 175.886 -0.6 -0.1 -0.2

New cars and trucks(3)(4)

- - - - - -

New cars(4)

175.287 175.062 174.219 -1.2 -0.6 -0.5

Used cars and trucks

172.443 172.957 173.451 -2.6 0.6 0.3

Motor fuel

324.445 329.490 352.928 -0.6 8.8 7.1

Gasoline (all types)

322.269 327.367 351.399 -0.4 9.0 7.3

Gasoline, unleaded regular(4)

317.806 322.947 347.261 -0.5 9.3 7.5

Gasoline, unleaded midgrade(4)(5)

309.601 314.318 336.200 0.0 8.6 7.0

Gasoline, unleaded premium(4)

319.526 324.173 345.824 0.3 8.2 6.7

Medical Care

599.698 601.871 601.396 4.6 0.3 -0.1

Medical care commodities

462.342 462.333 462.859 3.3 0.1 0.1

Medical care services

642.190 645.057 644.263 4.9 0.3 -0.1

Professional services

420.967 420.783 419.662 5.5 -0.3 -0.3

Recreation(3)

132.189 131.600 131.678 1.4 -0.4 0.1

Education and communication(3)

143.688 144.544 144.061 0.5 0.3 -0.3

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

1,655.928 1,662.215 1,661.627 1.4 0.3 0.0

Other goods and services

553.901 540.202 540.609 3.8 -2.4 0.1

Commodity and Service Group

All Items

328.053 329.339 332.202 3.6 1.3 0.9

Commodities

225.376 225.653 227.316 0.3 0.9 0.7

Commodities less food & beverages

172.341 172.637 174.595 -0.9 1.3 1.1

Nondurables less food & beverages

226.246 227.669 233.372 -0.1 3.1 2.5

Nondurables less food, beverages, and apparel

298.333 300.005 308.373 0.1 3.4 2.8

Durables

124.230 123.833 123.402 -1.8 -0.7 -0.3

Services

423.617 425.891 429.895 5.5 1.5 0.9

Rent of shelter(2)

450.979 452.940 456.298 4.6 1.2 0.7

Transportation services

391.805 402.704 420.768 13.1 7.4 4.5

Other services

412.587 411.200 412.604 3.1 0.0 0.3

Special aggregate indexes:

All items less medical care

315.543 316.788 319.781 3.5 1.3 0.9

All items less food

326.141 327.598 330.802 3.8 1.4 1.0

All items less shelter

290.616 291.686 294.462 3.0 1.3 1.0

Commodities less food

177.073 177.380 179.320 -0.8 1.3 1.1

Nondurables

282.155 282.997 286.292 1.3 1.5 1.2

Nondurables less food

231.891 233.284 238.733 0.1 3.0 2.3

Nondurables less food and apparel

298.102 299.683 307.333 0.3 3.1 2.6

Services less rent of shelter(2)

436.415 439.388 444.748 6.9 1.9 1.2

Services less medical care services

408.246 410.475 414.778 5.6 1.6 1.0

Energy

352.784 356.324 371.030 3.5 5.2 4.1

All items less energy

329.111 330.269 332.425 3.6 1.0 0.7

All items less food and energy

327.948 329.273 331.689 3.8 1.1 0.7

Commodities less food and energy commodities

160.886 160.749 160.697 -0.9 -0.1 0.0

Energy commodities

330.784 335.880 359.238 -0.8 8.6 7.0

Services less energy services

428.035 430.369 434.473 5.4 1.5 1.0

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: Wednesday, April 10, 2024