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errata

Index and average price data for electricity in Miami for January through November 2022 were incorrectly published in the database. The error also includes related aggregate data within Miami and several related areas. A list of affected series and the corrected indexes and average price values will be provided when they are available.

News Release Information

23-48-ATL
Thursday, January 12, 2023

Contacts Technical information: Media contact:
  • (404) 893-4220

Consumer Price Index, South Region — December 2022

Prices in the South down 0.3 percent over the month; up 7.0 percent over the past year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South edged down 0.3 percent in December, the U.S. Bureau of Labor Statistics reported today. The decrease was contributed to a 5.6-percent decline in the energy index. In contrast, the index for all items less food and energy rose 0.2 percent in December. The food index continued to increase, up 0.3 percent over the month. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes reflect the impact of seasonal influences.)

The all items CPI-U for the South advanced 7.0 percent for the 12 months ending in December, after increasing 7.7-percent for the 12-month period ending in November. The index for all items less food and energy rose 6.5 percent over the past year. The food index and the energy index also increased over the last 12 months, up 10.8 percent and 5.8 percent, respectively. (See chart 1 and table 1.)

Food

The food index rose 0.3 percent in December, reflecting increases in the food at home (+0.3 percent) and food away from home (+0.4 percent) indexes.

The food index advanced 10.8 percent for the 12 months ending in December. The food at home index rose 12.6-percent over the past year as all six major grocery store food group indexes increased. The food away from home index rose 8.2 percent over the past year.

Energy

The energy index declined 5.6 percent in December, led by a 10.8-percent decrease in the gasoline index. The electricity index also declined in December, down 0.3 percent, while the natural gas index increased 2.0 percent over the month.  

The energy index rose 5.8 percent for the 12 months ending in December. Increases were noted for electricity (+15.7 percent) and natural gas (+19.4 percent). The index for gasoline declined 4.1 percent over the past year.

All items less food and energy

The index for all items less food and energy rose 0.2 percent in December, primarily reflecting a 0.8-percent increase in the shelter index. Within shelter, owners’ equivalent rent rose 0.8 percent over the month and rent of primary residence rose 0.9 percent. Several indexes declined in December, most notable include used cars and trucks (-2.4 percent) and apparel (-2.0 percent).

The index for all items less food and energy advanced 6.5 percent for the 12 months ending in December, after increasing 6.9 percent over the 12-month period ending in November. Several components contributed to the 12-month increase, most notably, shelter (+9.6 percent). Within shelter, owner’s equivalent rent increased 9.4 percent over the past year and rent of primary residence rose 11.4 percent.

Geographic divisions

Additional price indexes are now available for the three divisions of the South. In December, the all items index declined 0.4 percent in the West South Central division and 0.3 percent in the South Atlantic division. The all-items index was unchanged in the East South Central division in December.

Over the year, the all items index advanced 7.3 percent in the South Atlantic division, 6.7 percent in the West South Central division, and 6.5 percent in the East South Central division.

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month20182019202020212022
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.51.80.21.20.32.30.51.60.97.8

February

0.62.10.51.10.21.90.52.01.18.4

March

0.22.30.71.6-0.11.10.82.91.49.1

April

0.42.40.51.8-0.8-0.20.74.40.58.8

May

0.32.7-0.11.4-0.2-0.40.85.61.29.2

June

0.22.7-0.11.10.60.30.95.81.59.8

July

0.02.90.31.40.60.60.55.80.19.4

August

-0.12.4-0.11.40.41.10.35.6-0.28.9

September

0.01.70.01.30.21.30.35.80.28.7

October

0.22.10.21.30.11.31.06.60.48.1

November

-0.31.90.01.6-0.11.20.47.20.17.7

December

-0.51.50.02.10.21.40.37.4-0.37.0

The Consumer Price Index for January 2023 is scheduled to be released on Tuesday, February 14, 2023, at 8:30 a.m. (ET).


Technical Note

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, 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/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 South region is comprised of Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.

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
South (1982-84=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Oct.
2022
Nov.
2022
Dec.
2022
Dec.
2021
Oct.
2022
Nov.
2022

Expenditure category

All Items

288.836288.991288.2057.0-0.2-0.3

All items (December 1977=100)

468.533468.784467.509---

Food and beverages

307.885308.552309.64510.50.60.4

Food

311.524312.103313.18910.80.50.3

Food at home

296.644296.475297.46112.60.30.3

Cereal and bakery products

348.943351.167353.33916.51.30.6

Meats, poultry, fish, and eggs

314.999313.744315.7978.90.30.7

Dairy and related products

270.634272.000272.77115.20.80.3

Fruits and vegetables

331.867328.955329.6768.0-0.70.2

Nonalcoholic beverages and beverage materials

207.179207.394209.44816.21.11.0

Other food at home

263.482263.844263.09514.3-0.1-0.3

Food away from home

335.110337.045338.3038.21.00.4

Alcoholic beverages

257.323259.209260.3965.21.20.5

Housing

287.255288.299290.0779.81.00.6

Shelter

328.859331.346334.0689.61.60.8

Rent of primary residence

350.275354.198357.39011.42.00.9

Owners' equiv. rent of residences(1)

330.657333.504336.3119.41.70.8

Owners' equiv. rent of primary residence(1)

330.655333.502336.3079.41.70.8

Fuels and utilities

297.757294.137294.22513.3-1.20.0

Household energy

247.374242.953242.68416.3-1.9-0.1

Energy services

246.776241.976242.12116.3-1.90.1

Electricity

237.971233.860233.17715.7-2.0-0.3

Utility (piped) gas service

284.825275.896281.44519.4-1.22.0

Household furnishings and operations

147.092146.301146.1127.9-0.7-0.1

Apparel

139.069136.937134.1952.6-3.5-2.0

Transportation

266.021264.141256.3213.2-3.6-3.0

Private transportation

267.237265.426257.7302.5-3.6-2.9

New and used motor vehicles(2)

130.888129.407127.916-0.8-2.3-1.2

New vehicles

184.452184.487184.3776.30.0-0.1

New cars and trucks(2)(3)

------

New cars(3)

183.754183.637183.1676.2-0.3-0.3

Used cars and trucks

199.567193.923189.268-9.1-5.2-2.4

Motor fuel

298.069293.137261.605-3.4-12.2-10.8

Gasoline (all types)

294.628289.427258.204-4.1-12.4-10.8

Unleaded regular(3)

288.047282.884251.615-4.4-12.6-11.1

Unleaded midgrade(3)(4)

327.675322.168291.528-2.7-11.0-9.5

Unleaded premium(3)

318.166313.261286.202-1.8-10.0-8.6

Medical care

524.379520.021521.4993.6-0.50.3

Medical care commodities

368.319366.460366.5003.4-0.50.0

Medical care services

577.223572.000573.9813.7-0.60.3

Professional services

394.829393.899393.0461.8-0.5-0.2

Recreation(2)

132.171133.642133.2075.90.8-0.3

Education and communication(2)

138.796139.614139.9930.10.90.3

Tuition, other school fees, and child care(5)

1,438.6221,441.7961,445.6693.30.50.3

Other goods and services

492.794498.593501.1307.41.70.5

Commodity and service group

All Items

288.836288.991288.2057.0-0.2-0.3

Commodities

220.976219.757216.5644.5-2.0-1.5

Commodities less food and beverages

180.774179.006174.5891.2-3.4-2.5

Nondurables less food and beverages

232.992231.117221.4663.0-4.9-4.2

Nondurables less food, beverages, and apparel

289.515287.690274.1933.1-5.3-4.7

Durables

131.715130.217129.056-0.3-2.0-0.9

Services

356.783358.390360.1608.70.90.5

Rent of shelter(1)

338.502341.089343.9429.71.60.8

Transportation services

423.338426.943425.47416.00.5-0.3

Other services

375.427380.883381.2833.91.60.1

Special aggregate indexes

All items less medical care

275.842276.223275.3267.4-0.2-0.3

All items less food

285.161285.256284.2076.5-0.3-0.4

All items less shelter

274.428273.664271.4905.9-1.1-0.8

Commodities less food

183.246181.549177.2311.4-3.3-2.4

Nondurables

268.349267.660263.0217.0-2.0-1.7

Nondurables less food

234.022232.358223.3223.2-4.6-3.9

Nondurables less food and apparel

285.250283.741271.5323.3-4.8-4.3

Services less rent of shelter(1)

391.011391.418391.8647.70.20.1

Services less medical care services

336.753338.880340.6199.51.10.5

Energy

265.570261.005246.4355.8-7.2-5.6

All items less energy

292.840293.470294.0637.10.40.2

All items less food and energy

290.228290.867291.3826.50.40.2

Commodities less food and energy commodities

169.777168.405167.1752.2-1.5-0.7

Energy commodities

303.767299.166267.290-3.0-12.0-10.7

Services less energy services

368.475370.754372.6958.31.10.5

Footnotes
(1) Indexes on a December 1982=100 base.
(2) Indexes on a December 1997=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1977=100 base.

- Data not available.
Regions defined as the four Census regions. South includes Alabama, Arkansas, Delaware, District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.

 

Last Modified Date: Thursday, January 12, 2023