News Release Information

22-51-SAN
Wednesday, January 12, 2022

Area prices were up 0.8 percent over the past two months, up 4.2 percent from a year ago

Prices in the San Francisco area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), increased 0.8 percent for the two months ending in December 2021, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Chris Rosenlund noted that the December increase was influenced by higher prices for new and used motor vehicles. (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 4.2 percent. (See chart 1 and table A.) Food prices increased 5.2 percent. Energy prices jumped 28.2 percent, largely the result of an increase in the price of gasoline. The index for all items less food and energy increased 2.8 percent over the year. (See table 1.)

View Chart Data

Food

Food prices rose 0.6 percent for the two months ending in December. (See table 1.) Prices for food at home increased 0.6 percent, led by higher prices for fruits and vegetables (3.6 percent). Prices for food away from home advanced 0.6 percent for the same period.

Over the year, food prices increased 5.2 percent. Prices for food at home advanced 6.6 percent, influenced by higher prices for cereals and bakery products (10.3 percent) and meats, poultry, fish, and eggs (9.4 percent). Prices for food away from home increased 3.6 percent.

Energy

The energy index rose 1.6 percent for the two months ending in December. The increase was mainly due to higher prices for gasoline (3.7 percent). Prices for electricity increased 0.4 percent, but prices for natural gas service declined 5.5 percent for the same period.

Energy prices surged 28.2 percent over the year, largely due to higher prices for gasoline (44.2 percent). Prices paid for natural gas service jumped 27.8 percent, and prices for electricity advanced 9.6 percent during the past year.

All items less food and energy

The index for all items less food and energy advanced 0.8 percent in the latest two-month period. Higher prices for new and used motor vehicles (10.3 percent), household furnishings and operations (2.0 percent), and shelter (0.2 percent) were partially offset by lower prices for recreation (-0.8 percent), motor vehicle insurance (-0.7 percent), and education and communication (-0.2 percent).

Over the year, the index for all items less food and energy increased 2.8 percent. Components contributing to the increase included new and used motor vehicles (16.8 percent), recreation (8.4 percent), education and communication (3.2 percent), and shelter (0.8 percent). Partly offsetting the increases was a price decrease in alcoholic beverages (-5.9 percent).

Month 2017 2018 2019 2020 2021
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

0.8 3.4 1.4 3.6 0.5 3.5 0.9 2.9 0.5 1.6

April

1.1 3.8 0.8 3.2 1.2 4.0 -0.5 1.1 1.7 3.8

June

0.3 3.5 0.9 3.9 0.2 3.2 0.7 1.6 0.0 3.2

August

0.2 3.0 0.6 4.3 0.1 2.7 0.0 1.6 0.5 3.7

October

0.6 2.7 0.7 4.4 1.0 3.0 0.5 1.1 0.7 3.8

December

-0.1 2.9 0.1 4.5 -0.5 2.5 0.4 2.0 0.8 4.2

The February 2022 Consumer Price Index for the San Francisco area is scheduled to be released on March 10, 2022.

Coronavirus (COVID-19) Pandemic Impact on October 2021 Consumer Price Index Data

Data collection by personal visit for the Consumer Price Index (CPI) program has been suspended almost entirely since March 16, 2020. When possible, data normally collected by personal visit were collected either online or by phone. Additionally, data collection in December was affected by the temporary closing or limited operations of certain types of establishments. These factors resulted in an increase in the number of prices considered temporarily unavailable and imputed.

While the CPI program attempted to collect as much data as possible, many indexes are based on smaller amounts of collected prices than usual, and a small number of indexes that are normally published were not published this month.

For each month from March 2020 to December 2021, BLS has published a summary of the impact of the pandemic on the Consumer Price Index news release and data. The impact summary for December is available at www.bls.gov/covid19/consumer-price-index-covid19-impacts-december-2021.htm. Beginning with publication of January 2022 data in February 2022, this month-specific impact summary will be discontinued. However, information related to the impact of the pandemic will continue to be available at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-consumer-price-index.htm.


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/cpiand 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 San Francisco-Oakland-Hayward, CA. metropolitan area covered in this release is comprised of Alameda, Contra Costa, Marin, San Francisco, San Mateo Counties in the State of California.

Information in this release will be made available to individuals with sensory impairments upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Item and Group Indexes Percent change from-
Historical
data
Oct.
2021
Nov.
2021
Dec.
2021
Dec.
2020
Oct.
2021
Nov.
2021

Expenditure category

All items

313.265 - 315.805 4.2 0.8 -

All items (1967=100)

963.065 - 970.872 - - -

Food and beverages

322.908 - 324.575 4.3 0.5 -

Food

323.908 - 325.866 5.2 0.6 -

Food at home

293.297 293.207 294.986 6.6 0.6 0.6

Cereals and bakery products

293.958 - 302.276 10.3 2.8 -

Meats, poultry, fish, and eggs

331.227 - 331.492 9.4 0.1 -

Dairy and related products

292.905 - 294.216 0.5 0.4 -

Fruits and vegetables

375.572 - 389.201 2.2 3.6 -

Nonalcoholic beverages and beverage materials

217.188 - 218.251 9.0 0.5 -

Other food at home

246.222 - 240.545 7.0 -2.3 -

Food away from home

357.869 - 360.146 3.6 0.6 -

Alcoholic beverages

314.172 - 312.260 -5.9 -0.6 -

Housing

365.291 - 366.364 1.6 0.3 -

Shelter

411.127 411.193 411.972 0.8 0.2 0.2

Rent of primary residence

467.014 466.906 467.588 -0.3 0.1 0.1

Owners' equiv. rent of residences

442.741 442.915 443.052 0.9 0.1 0.0

Owners' equiv. rent of primary residence

442.741 442.915 443.052 0.9 0.1 0.0

Fuels and utilities

494.755 - 492.167 9.7 -0.5 -

Household energy

442.615 437.335 439.008 13.3 -0.8 0.4

Energy services

444.291 438.960 440.057 13.1 -1.0 0.2

Electricity

456.616 456.616 458.389 9.6 0.4 0.4

Utility (piped) gas service

427.980 405.585 404.609 27.8 -5.5 -0.2

Household furnishings and operations

155.157 - 158.186 2.7 2.0 -

Apparel

107.568 - 107.828 8.3 0.2 -

Transportation

225.415 - 236.457 17.4 4.9 -

Private transportation

227.477 - 240.566 19.3 5.8 -

New and used motor vehicles

105.032 - 115.888 16.8 10.3 -

New vehicles

164.666 - 187.999 14.2 14.2 -

Used cars and trucks

346.626 - 368.270 36.4 6.2 -

Motor fuel

330.112 343.726 342.260 44.1 3.7 -0.4

Gasoline (all types)

329.013 342.490 341.048 44.2 3.7 -0.4

Gasoline, unleaded regular

329.538 343.075 341.411 45.0 3.6 -0.5

Gasoline, unleaded midgrade

306.323 318.793 317.984 41.3 3.8 -0.3

Gasoline, unleaded premium

309.976 322.541 321.924 41.4 3.9 -0.2

Motor vehicle insurance

544.878 - 541.277 3.8 -0.7 -

Medical care

556.119 - 561.352 3.0 0.9 -

Recreation

137.519 - 136.386 8.4 -0.8 -

Education and communication

156.095 - 155.817 3.2 -0.2 -

Tuition, other school fees, and child care

1,912.969 - - - - -

Other goods and services

528.550 - 533.001 1.9 0.8 -

Commodity and service group

All items

313.265 - 315.805 4.2 0.8 -

Commodities

212.354 - 217.808 9.6 2.6 -

Commodities less food & beverages

153.549 - 160.582 15.2 4.6 -

Nondurables less food & beverages

204.795 - 208.754 16.8 1.9 -

Durables

104.655 - 113.292 13.2 8.3 -

Services

397.910 - 398.306 2.2 0.1 -

Special aggregate indexes

All items less medical care

303.234 - 305.667 4.3 0.8 -

All items less shelter

274.141 - 277.666 7.1 1.3 -

Commodities less food

160.635 - 167.436 13.6 4.2 -

Nondurables

265.273 - 268.041 8.6 1.0 -

Nondurables less food

213.438 - 216.969 13.8 1.7 -

Services less rent of shelter

400.518 - 400.231 4.3 -0.1 -

Services less medical care services

386.781 - 387.032 2.1 0.1 -

Energy

376.880 383.047 382.822 28.2 1.6 -0.1

All items less energy

314.059 - 316.469 3.1 0.8 -

All items less food and energy

313.376 - 315.864 2.8 0.8 -

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

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Disclaimer

BLS - U.S. Bureau of Labor Statistics published this content on 12 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2022 18:15:03 UTC.