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News Release Information

17-1276-ATL
Thursday, September 14, 2017

Contacts

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

Consumer Price Index, Atlanta – August 2017

Area prices up 0.8 percent over the two months and 3.5 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for Atlanta rose 0.8 percent over the July-August pricing period, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Janet S. Rankin noted that the all items less food and energy index advanced 0.9 percent during the July-August pricing period. Over the two-month period, the energy index rose 1.5 percent, while the food index inched down 0.1 percent. (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 all items CPI-U increased 3.5 percent. The index for all items less food and energy advanced 3.8 percent over the year and the energy index rose 4.7 percent. The food index increased 1.2 percent since August 2016. (See chart 1 and table 1.)

Food

Food prices inched down 0.1 percent during the July-August pricing period. Prices for food at home edged down 0.3 percent over the two-month period, while prices for food away from home were unchanged.

Over the year, the food index advanced 1.2 percent, reflecting price increases for both food away from home and food at home, up 2.1 and 0.5 percent, respectively.

Energy

The energy index rose 1.5 percent over the two-month pricing period, led by a 3.6-percent increase in motor fuel prices. Prices for utility (piped) gas service inched down 0.1 percent, while prices for electricity were unchanged during the July-August pricing period.

Over the year, the energy index advanced 4.7 percent, reflecting price increases for motor fuel (8.5 percent), utility (piped) gas service (8.8 percent), and electricity (0.1 percent).

All items less food and energy

The index for all items less food and energy increased 0.9 percent during the July-August pricing period, led by a 1.8 percent increase in the education and communication index.

From August 2016 to August 2017, the index for all items less food and energy advanced 3.8 percent, led by a 6.1 percent increase in the shelter index.

Table A. Atlanta CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month20132014201520162017
2-month12-month2-month12-month2-month12-month2-month12-month2-month12-month

February

1.92.11.31.80.0-0.30.31.61.23.5

April

0.11.10.82.50.7-0.51.01.90.63.2

June

1.01.41.53.02.50.61.30.71.33.2

August

0.71.5-0.12.2-0.10.60.51.20.83.5

October

-1.01.6-1.12.2-1.20.5-0.12.4  

December

-0.22.4-1.50.9-0.61.4-0.42.6  

The Consumer Price Index for September 2017 is scheduled to be released on Friday, October 13, 2017.

Consumer Price Index Geographic Revision for 2018

In January 2018, BLS will introduce a new geographic area sample for the Consumer Price Index (CPI). As part of the new sample, the index for this area will be renamed. The first indexes using the new structure will be published in February 2018. Additional information on the geographic revision is available at: www.bls.gov/cpi/additional-resources/geographic-revision-2018.htm.


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 89 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 28 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 6,000 housing units and approximately 24,000 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 (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 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/pdf/homch17.pdf.

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 Atlanta, Ga. metropolitan area covered in this release is comprised of Barrow, Bartow, Carroll, Cherokee, Clayton, Cobb, Coweta, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, Rockdale, Spalding, and Walton Counties in Georgia.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): Indexes and percent changes for selected periods
Atlanta, GA (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Jun.
2017
Jul.
2017
Aug.
2017
Aug.
2016
Jun.
2017
Jul.
2017

Expenditure category

 
 

All Items

233.882-235.8183.50.8-

All items (1967=100)

705.318-711.155---

Food and beverages

252.368-251.9691.3-0.2-

Food

262.594-262.2071.2-0.1-

Food at home

246.269245.816245.6080.5-0.3-0.1

Food away from home

289.026-289.0462.10.0-

Alcoholic beverages

161.096-160.5923.9-0.3-

Housing

239.515-239.3394.9-0.1-

Shelter

259.298259.551259.4006.10.0-0.1

Rent of primary residence(1)

263.413263.789263.8815.60.20.0

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

252.585253.295254.1706.50.60.3

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

252.585253.295254.1706.50.60.3

Fuels and utilities

321.553-321.0041.6-0.2-

Household energy

285.853285.362285.2381.8-0.20.0

Energy Services(1)

284.535284.214284.4811.90.00.1

Electricity(1)

261.599261.055261.5860.10.00.2

Utility (piped) gas service(1)

274.718275.337274.5278.8-0.1-0.3

Household furnishings and operations

123.861-122.436-1.2-1.2-

Apparel

138.441-138.655-0.30.2-

Transportation

192.023-201.4347.54.9-

Private transportation

190.966-201.1958.15.4-

Motor fuel

197.561200.547204.7418.53.62.1

Gasoline (all types)

196.327199.377203.4888.53.62.1

Unleaded regular(3)

191.421194.437198.5908.23.72.1

Unleaded midgrade(3)(4)

249.452254.140256.9709.93.01.1

Unleaded premium(3)

220.476223.250227.00511.33.01.7

Medical Care

456.860-455.6891.3-0.3-

Recreation(5)

86.180-86.4781.20.3-

Education and communication(5)

131.032-133.334-2.21.8-

Other goods and services

372.603-373.3912.90.2-
 

Commodity and service group

 
 

All Items

233.882-235.8183.50.8-

Commodities

176.090-176.3980.20.2-

Commodities less food & beverages

142.064-142.666-0.60.4-

Nondurables less food & beverages

176.584-177.5901.30.6-

Durables

106.365-106.557-3.40.2-

Services

288.125-291.5135.31.2-
 

Special aggregate indexes

 
 

All items less medical care

222.096-224.1583.70.9-

All items less shelter

227.286-230.1192.21.2-

Commodities less food

142.430-142.985-0.40.4-

Nondurables

209.473-209.8361.30.2-

Nondurables less food

174.210-175.0931.40.5-

Services less rent of shelter(2)

336.679-344.9044.52.4-

Services less medical care services

270.659-274.2595.61.3-

Energy

218.401219.623221.5854.71.50.9

All items less energy

235.436-237.2473.40.8-

All items less food and energy

231.596-233.7583.80.9-

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) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1997=100 base.
 

- Data not available.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.
 

 

Last Modified Date: Thursday, September 14, 2017