For release: Thursday, February 17, 2011 PLS - 4758
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Consumer Price Index, South Region – January 2011 (PDF)

Prices in the South up 0.5 percent over the month and 1.7 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South increased 0.5 percent in January, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s regional commissioner, noted that prices advanced for energy, food, and all items less food and energy. Within the all items less food and energy group, shelter and medical care were among those indexes that recorded increases. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)

Over the last 12 months, the CPI-U rose 1.7 percent. The index for all items less food and energy advanced 0.9 percent over the year. (See chart 1.)

Chart 1. 12-month percent change in CPI for All Urban Consumers (CPI-U), South region, January 2008 to January 2011

12-month percent change in CPI for all urban consumers (CPI-U), South region, January 2008 to January 2011


Food

Food prices rose 0.9 percent in January following no change in the previous month. Within the food index, prices for food at home advanced 1.5 percent; the largest 1-month percent change since December 1994. Prices for food away from home edged up 0.2 percent over the month.

Over the year, the index for food advanced 1.8 percent as prices for food at home and food away from home increased 2.3 and 1.0 percent, respectively.

Energy

The energy index increased 2.8 percent in January, as prices advanced 4.3 percent for motor fuel. Prices also rose for electricity (0.8 percent) and utility (piped) gas service (0.2 percent) over the month.

Over the year, the energy index rose 7.6 percent as higher prices for motor fuel (13.9 percent) and electricity (1.0 percent) were partially offset by lower prices for utility (piped) gas service (-10.4 percent).

All items less food and energy

The index for all items less food and energy inched up 0.1 percent in January. Among the components of the index, price increases were recorded for shelter (0.2 percent) and medical care (0.3 percent). Following normal seasonal patterns, the apparel index decreased 1.2 percent over the month.

Over the year, the index for all items less food and energy increased 0.9 percent. Higher prices for shelter (0.8 percent) and medical care (2.9 percent) contributed to the increase. Prices for recreation and apparel decreased over the year, down 1.2 and 1.5 percent, respectively.  
                                                                                                                    
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The Consumer Price Index for February 2011 is scheduled to be released on March 17, 2011 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 87 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 32 percent of the total 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 87 urban areas across the country from about 4,000 housing units and approximately 25,000 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 the items are included in the index.

The index measures price changes from a designated reference date (1982-84) that equals 100.0. An increase of 16.5 percent, for example, is shown as 116.5. This change can also be expressed in dollars as follows: the price of a base period “market basket” of goods and services in the CPI has risen from $10 in 1982-84 to $11.65. For further details see the CPI home page on the Internet at and the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available on the Internet at www.bls.gov/cpi and the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available on the Internet at www.bls.gov/opub/hom/homch17_a.htm.
 
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; TDD message referral phone number: (800) 877-8339.

For personal assistance or further information on Consumer Price Indexes, as well as other Bureau products, contact the Mid-Atlantic Information Office at (215) 597-3282 from 8:30 a.m. to 12:00 p.m. and 1:00 p.m. to 3:30 p.m. ET.

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

Indexes
Percent change from-
Nov.
2010
Dec.
2010
Jan.
2011
Jan.
2010
Nov.
2010
Dec.
2010

Expenditure category

 
 

All Items

211.996 212.488 213.589 1.7 0.8 0.5

All items (December 1977=100)

343.887 344.685 346.472      

Food and beverages

219.060 219.105 221.085 1.8 0.9 0.9

Food

219.607 219.636 221.699 1.8 1.0 0.9

Food at home

214.216 214.345 217.507 2.3 1.5 1.5

Food away from home

229.740 229.629 230.187 1.0 0.2 0.2

Alcoholic beverages

210.353 210.617 211.476 1.8 0.5 0.4

Housing

200.420 200.660 201.215 0.4 0.4 0.3

Shelter

223.024 223.182 223.544 0.8 0.2 0.2

Rent of primary residence (1)

223.260 223.642 224.378 0.3 0.5 0.3

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

227.279 227.475 227.628 0.8 0.2 0.1

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

227.275 227.473 227.622 0.8 0.2 0.1

Fuels and utilities

208.366 209.495 211.265 0.5 1.4 0.8

Household energy

175.444 176.646 178.154 -0.4 1.5 0.9

Energy services (1)

175.562 176.564 177.894 -0.7 1.3 0.8

Electricity (1)

171.933 172.828 174.288 1.0 1.4 0.8

Utility (piped) gas service (1)

184.970 186.625 186.925 -10.4 1.1 0.2

Household furnishings and operations

125.276 125.223 125.708 -2.0 0.3 0.4

Apparel

131.410 127.102 125.582 -1.5 -4.4 -1.2

Transportation

192.866 196.214 199.298 6.0 3.3 1.6

Private transportation

190.888 194.318 197.504 6.0 3.5 1.6

New and used motor vehicles (3)

97.084 97.150 97.240 0.4 0.2 0.1

New vehicles

142.538 142.874 143.266 0.1 0.5 0.3

New cars and trucks (3) (4)

97.000 97.253 97.520 0.2 0.5 0.3

New cars (4)

145.636 145.859 146.132 -0.5 0.3 0.2

Used cars and trucks

140.820 141.052 141.156 1.8 0.2 0.1

Motor fuel

239.497 252.909 263.741 13.9 10.1 4.3

Gasoline (all types)

238.547 252.057 262.833 13.8 10.2 4.3

Unleaded regular (4)

237.215 251.032 261.846 14.1 10.4 4.3

Unleaded midgrade (4) (5)

249.380 262.877 273.869 13.5 9.8 4.2

Unleaded premium (4)

237.549 249.531 260.008 13.1 9.5 4.2

Medical care

373.267 373.749 374.853 2.9 0.4 0.3

Medical care commodities

300.360 301.004 302.224 1.7 0.6 0.4

Medical care services

397.649 398.047 399.072 3.3 0.4 0.3

Professional services

329.510 329.806 330.844 2.5 0.4 0.3

Recreation (3)

112.802 112.959 112.800 -1.2 0.0 -0.1

Education and communication (3)

126.781 126.322 126.553 1.2 -0.2 0.2

Other goods and services

375.348 375.857 376.805 1.4 0.4 0.3
 

Commodity and service group

 
 

All Items

211.996 212.488 213.589 1.7 0.8 0.5

Commodities

176.280 177.134 178.789 2.1 1.4 0.9

Commodities less food and beverages

154.449 155.620 157.101 2.4 1.7 1.0

Nondurables less food and beverages

198.229 200.698 203.516 4.4 2.7 1.4

Nondurables less food, beverages, and apparel

239.652 245.933 251.217 6.2 4.8 2.1

Durables

113.494 113.456 113.690 -0.9 0.2 0.2

Services

248.556 248.697 249.268 1.4 0.3 0.2

Rent of shelter (2)

229.216 229.381 229.739 0.7 0.2 0.2

Transportation services

273.106 272.400 273.172 4.3 0.0 0.3

Other services

300.368 300.256 300.598 1.2 0.1 0.1
 

Special aggregate indexes

 
 

All items less medical care

202.844 203.330 204.417 1.6 0.8 0.5

All items less food

210.621 211.185 212.134 1.7 0.7 0.4

All items less shelter

208.928 209.565 210.989 2.1 1.0 0.7

Commodities less food

156.305 157.453 158.919 2.3 1.7 0.9

Nondurables

208.576 209.928 212.366 3.1 1.8 1.2

Nondurables less food

198.740 201.082 203.786 4.3 2.5 1.3

Nondurables less food and apparel

236.043 241.777 246.657 5.8 4.5 2.0

Services less rent of shelter (2)

280.592 280.704 281.571 2.1 0.3 0.3

Services less medical care services

234.771 234.895 235.427 1.2 0.3 0.2

Energy

200.406 207.375 213.268 7.6 6.4 2.8

All items less energy

213.952 213.710 214.271 1.1 0.1 0.3

All items less food and energy

213.346 213.055 213.345 0.9 0.0 0.1

Commodities less food and energy commodities

146.148 145.357 145.350 -0.6 -0.5 0.0

Energy commodities

243.133 256.685 267.663 13.8 10.1 4.3

Services less energy services

256.074 256.123 256.612 1.5 0.2 0.2

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) Index is 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.

- 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: February 23, 2011