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News Release Information

24-2548-PHI
Wednesday, December 11, 2024

Contacts Technical information: Media contact:

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

Area prices were down 0.2 percent over the past 2 months, up 2.7 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), declined 0.2 percent over the 2 months ending in November 2024, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Alexandra Hall Bovee noted that the November dip was mostly due to a 2.7-percent decrease in the energy index, in large part due to lower gasoline prices. For the same period, the all items less food and energy index fell 0.1 percent while the food index rose 0.1 percent. (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 2.7 percent. (See chart 1 and table A.) Leading the increase was the all items less food and energy index, up 3.0 percent. Food prices rose 2.8 percent while energy prices were down 1.5 percent over the year, largely the result of a decrease in the price of gasoline. (See table 1.)

Food

Food prices increased 0.1 percent for the 2-month period ending in November. (See table 1.) Prices for food away from home were up 0.6 percent, and prices were down 0.4 percent for food at home in the same period. Leading the decrease in the grocery index were prices for meats, poultry, fish and eggs declining 1.9 percent, the largest decrease since March 2023. This was followed by other food at home (-0.4 percent) and cereals and bakery products (-0.9 percent). An increase in prices for fruits and vegetables (+0.9 percent), dairy and related products (+0.9 percent) and nonalcoholic beverages and beverage materials (+0.3 percent) slightly lessened the decline of prices in the food at home index.

Over the year, food prices advanced 2.8 percent, with prices for food away from home up 3.2 percent. Prices for food at home were up 2.4 percent, due to all grocery categories reporting rising prices. Within food at home, the 7.6-percent increase in the nonalcoholic beverages and beverage materials index was just shy of the year high of 7.7 percent recorded in May. Prices for the cereals and bakery products index increased 7.0 percent.

Energy

The energy index fell 2.7 percent for the 2 months ending in November, with lower prices across all index categories. The decrease was mainly due to declining prices for gasoline, down 3.5 percent. Prices for electricity fell 3.1 percent, and prices for utility (piped) gas service declined 0.3 percent for the same period.

Energy prices decreased 1.5 percent over the year. The decline in the energy index was largely due to lower prices for gasoline, down 6.8 percent. Offsetting the energy index decline were higher prices for electricity and natural gas service, up 5.4 percent and 1.1 percent, respectively.

All items less food and energy

In the latest 2-month period, the index for all items less food and energy decreased 0.1 percent. The overall index decline was led by lower prices for apparel (-6.6 percent), shelter (-0.2 percent), and other goods and services (-0.6 percent). The shelter index declined for the first time since May 2021, mainly due to decreased prices for the rent of primary residence index, down 0.2 percent (also the first decline since May 2021), and lodging away from home. The owners’ equivalent rent of residences index partially tempered the overall index as it rose 0.1 percent. Also counterbalancing the all items less food and energy index were higher prices for recreation and household furnishings and operations, both rising 0.7 percent, and rising prices for public transportation.

For the year ending in November, the index for all items less food and energy advanced 3.0 percent. Components contributing to the rise were higher prices for shelter (+3.4 percent), recreation (+7.1) and medical care (+2.5 percent). Within the shelter index, the owners’ equivalent rent of residences index was up 3.5 percent and the index for rent of primary residence advanced 3.7 percent. Tempering the overall index in part were price declines in the apparel index (-3.2 percent), and the new and used motor vehicles index (-1.0 percent). The decline in new and used motor vehicles was due to decreasing prices for used cars and trucks, down -2.4 percent, continuing the trend of consecutive price decreases that started in November 2022. New vehicle prices declined -1.0 percent. The household furnishings and operations index decreased 0.9 percent in the same period.

Table A. Washington-Arlington-Alexandria, DC-VA-MD-WV, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2020 2021 2022 2023 2024
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

January

0.5 1.6 0.7 1.5 0.9 6.0 -0.3 4.4 0.5 3.6

March

-0.4 0.4 0.7 2.6 1.9 7.3 1.3 3.7 1.0 3.4

May

0.1 -0.1 1.3 3.8 1.5 7.5 0.9 3.1 0.8 3.3

July

0.6 0.8 1.2 4.4 1.1 7.5 -0.1 1.8 0.2 3.7

September

0.6 1.2 0.7 4.5 -0.2 6.5 1.3 3.3 0.3 2.6

November

0.0 1.4 1.2 5.8 0.3 5.6 -0.3 2.8 -0.2 2.7

The January 2025 Consumer Price Index for the Washington-Arlington-Alexandria area is scheduled to be released on February 12, 2025.

Notice Regarding Ceasing Publication of Utility Indexes

With the publication of January 2025 data in February 2025, several indexes and average price series will be discontinued.

The following CPI indexes will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity
  • Utility (piped) gas (often referred to as natural gas)
  • Energy services
  • Fuels and utilities
  • Household energy

The following CPI average price series will continue to be published at the national level, but will be discontinued for all metropolitan areas, census divisions, and regional size classes:

  • Electricity per KWH
  • Utility (piped) gas per therm

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 Consumer Price Index for Washington-Arlington-Alexandria is published bi-monthly. The set of components and sub-aggregates published for regional and metropolitan indexes is more limited than at the U.S. city average level; these indexes are byproducts of the national CPI program. Each local index has a much smaller sample size than the national or regional indexes and is, therefore, subject to substantially more sampling and other measurement error. As a result, local-area indexes are more volatile than the national or regional indexes. In addition, local indexes are not adjusted for seasonal influences. 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.

Refer to the national CPI news release technical note or the Handbook of Methods for more information.

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 category Indexes Percent change from
Historical
data
Sep.
2024
Oct.
2024
Nov.
2024
Nov.
2023
Sep.
2024
Oct.
2024

All items

317.382   316.745 2.7 -0.2  

Food and beverages

311.727   312.374 2.9 0.2  

Food

321.071   321.368 2.8 0.1  

Food at home

298.516 298.143 297.460 2.4 -0.4 -0.2

Cereals and bakery products

417.692 410.868 414.039 7.0 -0.9 0.8

Meats, poultry, fish, and eggs

320.508 322.205 314.450 1.3 -1.9 -2.4

Dairy and related products

289.737 291.741 292.212 1.8 0.9 0.2

Fruits and vegetables

293.807 304.964 296.512 0.6 0.9 -2.8

Nonalcoholic beverages and beverage materials(1)

265.766 257.496 266.603 7.6 0.3 3.5

Other food at home

252.752 249.155 251.646 0.6 -0.4 1.0

Food away from home

352.541   354.752 3.2 0.6  

Alcoholic beverages

224.537   227.869 3.8 1.5  

Housing

332.671   331.793 3.0 -0.3  

Shelter

397.985 399.598 397.041 3.4 -0.2 -0.6

Rent of primary residence

429.033 430.191 428.019 3.7 -0.2 -0.5

Owners' equivalent rent of residences(2)

410.142 411.985 410.622 3.5 0.1 -0.3

Owners' equivalent rent of primary residence(2)

410.142 411.985 410.622 3.5 0.1 -0.3

Fuels and utilities

295.088   290.657 3.0 -1.5  

Household energy

233.610 234.225 229.092 3.5 -1.9 -2.2

Energy services

241.511 242.116 235.534 4.4 -2.5 -2.7

Electricity

273.848 274.754 265.437 5.4 -3.1 -3.4

Utility (piped) gas service

160.661 160.602 160.103 1.1 -0.3 -0.3

Household furnishings and operations

129.359   130.229 -0.9 0.7  

Apparel

168.631   157.518 -3.2 -6.6  

Transportation

271.436   272.378 1.6 0.3  

Private transportation

284.085   282.265 0.8 -0.6  

New and used motor vehicles(3)

126.372   126.374 -1.0 0.0  

New vehicles(1)

227.225   227.127 -1.0 0.0  

Used cars and trucks(1)

391.323   395.784 -2.4 1.1  

Motor fuel

305.162 302.106 294.556 -6.9 -3.5 -2.5

Gasoline (all types)

300.796 297.787 290.341 -6.8 -3.5 -2.5

Gasoline, unleaded regular(4)

292.284 289.303 281.730 -7.1 -3.6 -2.6

Gasoline, unleaded midgrade(4)(5)

317.234 314.536 308.133 -5.3 -2.9 -2.0

Gasoline, unleaded premium(4)

333.795 330.814 324.809 -4.9 -2.7 -1.8

Medical care

533.869   532.563 2.5 -0.2  

Recreation(3)

135.825   136.765 7.1 0.7  

Education and communication(3)

169.241   168.831 1.4 -0.2  

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

1,706.679   1,707.100 2.2 0.0  

Other goods and services

528.255   524.837 3.5 -0.6  

Commodity and service group

Commodities

214.311   212.927 -0.2 -0.6  

Commodities less food and beverages

167.200   165.148 -2.3 -1.2  

Nondurables less food and beverages

222.238   215.468 -2.8 -3.0  

Durables

117.030   117.822 -1.8 0.7  

Services

410.221   410.367 4.3 0.0  

Special aggregate indexes

All items less shelter

283.937   283.429 2.3 -0.2  

All items less medical care

307.259   306.652 2.7 -0.2  

Commodities less food

169.556   167.721 -2.0 -1.1  

Nondurables

265.809   262.653 0.5 -1.2  

Nondurables less food

221.834   216.074 -2.2 -2.6  

Services less rent of shelter(2)

436.865   438.653 5.5 0.4  

Services less medical care services

397.739   397.634 4.3 0.0  

Energy

272.398 271.510 265.173 -1.5 -2.7 -2.3

All items less energy

325.049   324.848 2.9 -0.1  

All items less food and energy

327.040   326.758 3.0 -0.1  

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, December 11, 2024