U.S. Bureau of Labor Statistics
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Car insurance costs continue to outpace inflation
Inflation rates for motor vehicle insurance increased by 1.2% in July, according to the latest Consumer Price Index (CPI) summary from the U.S. Bureau of Labor Statistics, outpacing the national average inflation rate of 0.2% in July. -
Bureau of Labor Statistics announces June CPI decrease for Los Angeles
The U.S. Bureau of Labor Statistics announced that in June, the Consumer Price Index (CPI) for the Los Angeles area decreased by 0.2 percent due to lower gasoline prices. Over the past year, the CPI-U increased by 3.2 percent, with food prices rising 3.1 percent and energy prices falling 1.2 percent. -
Rising car insurance costs continue to outpace overall inflation
The U.S. Bureau of Labor Statistic (BLS) reported that the Consumer Price Index (CPI) decreased by 0.1% in June, after showing no change over the month of May. Over the last year, the all items index has increased an average of 3% nationwide. -
California inflation rates above national average
Inflation in the Los Angeles area increased 0.1% in May 2024, with an overall increase of 3.9% over the past 12 months. The all items less food and energy index rose 0.2% in May, and 3.8% in the past twelve months. -
Consumer Price Index reports 20.3% increase in car insurance over last year
The U.S. Bureau of Labor Statistics’s (BLS) Consumer Price Index (CPI) report shows an increase of 3.3% in the all items index over the last twelve months, with motor vehicle insurance increasing 20.3% during that time. -
Inflation in Los Angeles area up 3.9% in last 12 months
A Consumer Price Index report from the U.S. Bureau of Labor Statistics reported that inflation has increased 3.9% in the Log Angeles area over the last year, with a 0.6% increase over the month of April. -
Driven by rising costs of shelter and insurance, Los Angeles inflation tops national average in March
The Consumer Price Index (CPI-U) for the Los Angeles area recorded a 0.7% increase in March 2024 and a 4.0% rise over the past year, predominantly due to escalating shelter costs. Nationwide increases were 0.4% in March 2024 and 3.5% over the last year.