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News Release Information

24-1712-PHI
Wednesday, August 14, 2024

Contacts Technical information: Media contact:

Consumer Price Index, Washington-Arlington-Alexandria area – July 2024

Area prices were up 0.2 percent over the past 2 months, up 3.7 percent from a year ago.

Prices in the Washington-Arlington-Alexandria area, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.2 percent over the 2 months ending in July 2024, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Alexandra Hall Bovee noted that the July increase was mostly due to a 1.5-percent rise in the food index, in large part due to rising grocery prices. For the same period, the all items less food and energy index and the energy index rose, up 0.1 percent and 0.3 percent, respectively. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect seasonal influences.)

Over the last 12 months, the CPI-U index advanced 3.7 percent. (See chart 1 and table A.) Leading the increase was the all items less food and energy index, up 3.8 percent. Food prices rose 4.4 percent and energy prices were up 0.5 percent over the year, largely the result of an increase in the price of electricity. (See table 1.)

Food

Food prices increased 1.5 percent for the 2-month period ending in July. (See table 1.) Prices for food at home were up 1.7 percent in the same period. Leading the rise in the grocery index were prices for other food at home (+3.0 percent) and cereals and bakery products (+4.5 percent). A decline in prices for nonalcoholic beverages and beverage materials (-2.5 percent) slightly lessened the advance of prices in the food at home index. Prices for food away from home rose 1.2 percent.

Over the year, food prices rose 4.4 percent, with prices for food at home up 4.2 percent (the largest 12-month percent change since March 2023). Within food at home, most of the grocery categories advanced with cereals and bakery products leading the advance with a 12.9 percent increase (largest over-the year increase since July 2022). Tempering the food at home index were decreasing prices for dairy and related products down 0.3 percent, with this July marking a year of consecutive 12-month percent change declines in the dairy index. Prices for food away from home were up 4.7 percent.

Energy

The energy index rose 0.3 percent for the 2 months ending in July, moderating from the higher published increases seen earlier this year. The increase was mainly due to rising prices for electricity, up 2.6 percent. For the same period, prices for natural gas service advanced 3.3 percent, while prices for gasoline decreased 1.4 percent.

Energy prices increased 0.5 percent over the year, the smallest over-the year increase since September 2019’s rise of 0.2 percent. The advance in the energy index was largely due to higher prices for electricity, up 4.5 percent. Offsetting the energy index rise were prices for utility (piped) gas service and prices for gasoline, down 4.1 percent and 0.7 percent respectively.

All items less food and energy

In the latest 2-month period, the index for all items less food and energy rose 0.1 percent. The overall index rise was led by higher prices for shelter (+0.3 percent), household furnishings and operations (+2.6 percent), and education and communication (+1.1 percent). Within the shelter index, prices rose for the owners’ equivalent rent of residences (+0.5 percent) and rent of primary residence (+0.8 percent). Partially moderating the all items less food and energy index were lower prices for medical care (-2.9 percent).

For the year ending in July, the index for all items less food and energy advanced 3.8 percent. Components contributing to the rise were prices for shelter (+4.4 percent) and recreation (+8.4 percent—the largest 12-month percent change increase since the index began in 1999). Within the shelter index, the owners’ equivalent rent of residences index was up 4.7 percent and the index for rent of primary residence advanced 4.5 percent. Tempering the overall index in part were price declines in new and used motor vehicles (-1.0 percent) led by continued decreases in prices for used cars and trucks (-9.4 percent) and new vehicles (-1.5 percent).

Table A. Washington-Arlington-Alexandria, DC-VA-MD-WV, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month20202021202220232024
2-month12-month2-month12-month2-month12-month2-month12-month2-month12-month

January

0.51.60.71.50.96.0-0.34.40.53.6

March

-0.40.40.72.61.97.31.33.71.03.4

May

0.1-0.11.33.81.57.50.93.10.83.3

July

0.60.81.24.41.17.5-0.11.80.23.7

September

0.61.20.74.5-0.26.51.33.3

November

0.01.41.25.80.35.6-0.32.8

The September 2024 Consumer Price Index for the Washington-Arlington-Alexandria area is scheduled to be released on October 10, 2024.


Technical Note

The Consumer Price Index for Washington-Arlington-Alexandria is published bi-monthly. 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, 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 Washington-Arlington-Alexandria, DC-VA-MD-WV, Core Based Statistical Area includes the District of Columbia; the counties of Calvert, Charles, Frederick, Montgomery, and Prince George’s in Maryland; the cities of Alexandria, Fairfax, Falls Church, Fredericksburg, Manassas, and Manassas Park and the counties of Arlington, Clarke, Culpeper, Fairfax, Fauquier, Loudoun, Prince William, Rappahannock, Spotsylvania, Stafford, and Warren in Virginia; and the county of Jefferson in West Virginia.

Information in this release will be made available to individuals with sensory impairments 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, Washington-Arlington-Alexandria, DC-VA-MD-WV, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Expenditure categoryIndexesPercent change from
Historical
data
May
2024
Jun.
2024
Jul.
2024
Jul.
2023
May
2024
Jun.
2024

All items

Go to web page with historical data for series CUURS35ASA0
315.667 316.4453.70.2 

Food and beverages

Go to web page with historical data for series CUURS35ASAF
307.570 311.8084.31.4 

Food

Go to web page with historical data for series CUURS35ASAF1
316.605 321.2404.41.5 

Food at home

Go to web page with historical data for series CUURS35ASAF11
294.055298.423299.0464.21.70.2

Cereals and bakery products

Go to web page with historical data for series CUURS35ASAF111
406.782423.677425.09612.94.50.3

Meats, poultry, fish, and eggs

Go to web page with historical data for series CUURS35ASAF112
312.280310.291314.8303.80.81.5

Dairy and related products

Go to web page with historical data for series CUURS35ASEFJ
279.383280.218282.606-0.31.20.9

Fruits and vegetables

Go to web page with historical data for series CUURS35ASAF113
295.028308.188299.4661.51.5-2.8

Nonalcoholic beverages and beverage materials(1)

Go to web page with historical data for series CUURS35ASAF114
267.668264.180261.0573.0-2.5-1.2

Other food at home

Go to web page with historical data for series CUURS35ASAF115
248.864252.335256.3374.33.01.6

Food away from home

Go to web page with historical data for series CUURS35ASEFV
348.075 352.1984.71.2 

Alcoholic beverages

Go to web page with historical data for series CUURS35ASAF116
222.967 223.9321.90.4 

Housing

Go to web page with historical data for series CUURS35ASAH
328.092 330.0693.80.6 

Shelter

Go to web page with historical data for series CUURS35ASAH1
393.133393.052394.2494.40.30.3

Rent of primary residence

Go to web page with historical data for series CUURS35ASEHA
421.636422.720425.1894.50.80.6

Owners' equivalent rent of residences(2)

Go to web page with historical data for series CUURS35ASEHC
403.982405.378405.9764.70.50.1

Owners' equivalent rent of primary residence(2)

Go to web page with historical data for series CUURS35ASEHC01
403.982405.378405.9764.70.50.1

Fuels and utilities

Go to web page with historical data for series CUURS35ASAH2
286.605 291.2921.91.6 

Household energy

Go to web page with historical data for series CUURS35ASAH21
225.592237.464230.2121.52.0-3.1

Energy services

Go to web page with historical data for series CUURS35ASEHF
231.503247.263237.9802.42.8-3.8

Electricity

Go to web page with historical data for series CUURS35ASEHF01
256.010275.263262.7934.52.6-4.5

Utility (piped) gas service

Go to web page with historical data for series CUURS35ASEHF02
167.587175.178173.073-4.13.3-1.2

Household furnishings and operations

Go to web page with historical data for series CUURS35ASAH3
127.527 130.8700.82.6 

Apparel

Go to web page with historical data for series CUURS35ASAA
162.336 161.928-0.2-0.3 

Transportation

Go to web page with historical data for series CUURS35ASAT
279.309 276.4592.7-1.0 

Private transportation

Go to web page with historical data for series CUURS35ASAT1
290.343 289.9833.0-0.1 

New and used motor vehicles(3)

Go to web page with historical data for series CUURS35ASETA
127.114 127.059-1.00.0 

New vehicles(1)

Go to web page with historical data for series CUURS35ASETA01
228.073 228.238-1.50.1 

Used cars and trucks(1)

Go to web page with historical data for series CUURS35ASETA02
394.748 394.412-9.4-0.1 

Motor fuel

Go to web page with historical data for series CUURS35ASETB
340.212333.539335.369-0.7-1.40.5

Gasoline (all types)

Go to web page with historical data for series CUURS35ASETB01
335.348328.773330.575-0.7-1.40.5

Gasoline, unleaded regular(4)

Go to web page with historical data for series CUURS35ASS47014
327.464320.815322.600-0.9-1.50.6

Gasoline, unleaded midgrade(4)(5)

Go to web page with historical data for series CUURS35ASS47015
345.656340.065342.2230.7-1.00.6

Gasoline, unleaded premium(4)

Go to web page with historical data for series CUURS35ASS47016
361.768356.131357.8600.7-1.10.5

Medical care

Go to web page with historical data for series CUURS35ASAM
533.844 518.5120.6-2.9 

Recreation(3)

Go to web page with historical data for series CUURS35ASAR
135.001 135.8738.40.6 

Education and communication(3)

Go to web page with historical data for series CUURS35ASAE
168.508 170.3583.31.1 

Tuition, other school fees, and child care(1)

Go to web page with historical data for series CUURS35ASEEB
1,688.272 1,698.5145.60.6 

Other goods and services

Go to web page with historical data for series CUURS35ASAG
521.410 531.4925.71.9 

Commodity and service group

Commodities

Go to web page with historical data for series CUURS35ASAC
214.973 216.7661.50.8 

Commodities less food and beverages

Go to web page with historical data for series CUURS35ASACL11
169.589 170.392-0.30.5 

Nondurables less food and beverages

Go to web page with historical data for series CUURS35ASANL11
226.268 226.2932.10.0 

Durables

Go to web page with historical data for series CUURS35ASAD
118.229 119.367-2.71.0 

Services

Go to web page with historical data for series CUURS35ASAS
406.150 405.8634.8-0.1 

Special aggregate indexes

All items less shelter

Go to web page with historical data for series CUURS35ASA0L2
283.583 284.2173.20.2 

All items less medical care

Go to web page with historical data for series CUURS35ASA0L5
305.471 306.9663.90.5 

Commodities less food

Go to web page with historical data for series CUURS35ASACL1
171.786 172.596-0.20.5 

Nondurables

Go to web page with historical data for series CUURS35ASAN
265.849 267.9273.40.8 

Nondurables less food

Go to web page with historical data for series CUURS35ASANL1
225.303 225.4202.00.1 

Services less rent of shelter(2)

Go to web page with historical data for series CUURS35ASASL2RS
433.955 431.5555.4-0.6 

Services less medical care services

Go to web page with historical data for series CUURS35ASASL5
393.513 394.4795.30.2 

Energy

Go to web page with historical data for series CUURS35ASA0E
281.990286.605282.8510.50.3-1.3

All items less energy

Go to web page with historical data for series CUURS35ASA0LE
322.543 323.3273.90.2 

All items less food and energy

Go to web page with historical data for series CUURS35ASA0L1E
324.840 325.0063.80.1 

Footnotes
(1) Indexes on a November 1977=100 base.
(2) Indexes on a November 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.

 

Last Modified Date: Wednesday, August 14, 2024