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 December 2022 Consumer Price Index for the San Francisco area is scheduled to be released on January 12, 2023. San Francisco-Oakland-Hayward, CA, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted Month Components contributing to the increase included new and used motor vehicles (15.1 percent), medical care (5.6 percent), and shelter (2.6 percent). Over the year, the index for all items less food and energy increased 4.1 percent. Higher prices for education and communication (1.2 percent) and shelter (0.4 percent) were partially offset by lower prices for used cars and trucks (-6.5 percent), apparel (-1.1 percent), and medical care (-0.7 percent). The index for all items less food and energy increased 0.4 percent in the latest two-month period. Prices paid for electricity rose 18.9 percent, and prices for natural gas service advanced 16.3 percent during the past year. Prices for natural gas service rose 12.4 percent, but prices for electricity fell 1.3 percent for the same period.Įnergy prices increased 25.9 percent over the year, largely due to higher prices for gasoline (32.0 percent). The increase was mainly due to higher prices for gasoline (11.6 percent). The energy index increased 7.1 percent for the two months ending in October. Prices for food away from home rose 9.0 percent. Price increases across food at home expenditure categories ranged from 6.4 percent for meats, poultry, fish, and eggs to 15.3 percent for dairy and related products. Prices for food at home rose 10.6 percent since a year ago. Over the year, food prices rose 10.0 percent. Prices for food away from home rose 2.2 percent for the same period. (See table 1.) Prices for food at home increased 1.3 percent, led by higher prices for fruits and vegetables (4.9 percent). Over-the-year percent change in CPI-U, San Francisco-Oakland-Hayward, CA, October 2019–October 2022 Monthįood prices advanced 1.6 percent for the two months ending in October.
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