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News Release Information

17-453-ATL
Friday, April 14, 2017

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Technical information:
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  • (404) 893-4220

Consumer Price Index, South Region – March 2017

Prices in the South unchanged over the month; up 2.2 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South was unchanged in March, the U.S. Bureau of Labor Statistics reported today. The all items less food and energy index inched up 0.1 percent over the month, while the energy index inched down 0.1 percent. The food index was unchanged in March. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)

The all items CPI-U advanced 2.2 percent since March 2016. The all items less food and energy index increased 1.9 percent over the last 12 months and the energy index increased 10.6 percent. The food index rose 0.1 percent over the past year. (See chart 1.)

Food

The food index was unchanged in March. Prices for food at home inched down 0.1 percent over the month, while prices for food away from home were unchanged.

The food index rose 0.1 percent over the year. A 1.9-percent increase in food away from home prices was largely offset by a 1.2-percent decline in food at home prices.

Energy

The energy index declined 0.1 percent in March, led by decreases in the electricity index (-0.2 percent) and the utility (piped) gas service index (-1.2 percent). In contrast, the motor fuel index edged up 0.2 percent over the month.

From March 2016—March 2017, energy prices advanced 10.6 percent, reflecting price increases for motor fuel (19.0 percent), electricity (2.8 percent), and utility (piped) gas service (14.5 percent).

All items less food and energy

The all items less food and energy index inched up 0.1 percent in March. Increases in the apparel index (2.6 percent) and the shelter index (0.2 percent) were largely offset by a decline in the education and communication index (-2.5 percent).

Since March 2016, the all items less food and energy index advanced 1.9 percent—led by increases in shelter (3.0 percent) and medical care (4.8 percent).

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month20132014201520162017
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.41.60.31.7-0.7-0.40.01.20.52.6

February

0.91.80.41.20.5-0.30.10.70.22.8

March

0.31.50.61.50.6-0.30.60.70.02.2

April

-0.20.90.52.30.3-0.60.40.9  

May

0.01.30.22.40.4-0.40.40.9  

June

0.41.90.22.30.5-0.10.40.8  

July

0.22.2-0.12.0-0.1-0.1-0.20.7  

August

0.11.7-0.21.7-0.2-0.20.11.0  

September

0.01.30.11.7-0.2-0.40.21.4  

October

-0.21.3-0.31.60.0-0.10.11.5  

November

-0.31.5-0.61.3-0.20.3-0.11.6  

December

0.11.8-0.60.6-0.40.50.12.0  

The Consumer Price Index for April 2017 is scheduled to be released on Friday, May 12, 2017.


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 https://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 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; Federal Relay Service: (800) 877-8339.

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-
Jan.
2017
Feb.
2017
Mar.
2017
Mar.
2016
Jan.
2017
Feb.
2017

Expenditure category

 
 

All Items

235.492236.052236.1542.20.30.0

All items (December 1977=100)

382.001382.908383.075---

Food and beverages

246.452246.796246.7830.20.10.0

Food

247.693248.056247.9770.10.10.0

Food at home

236.101236.647236.434-1.20.1-0.1

Food away from home

267.820267.916268.0341.90.10.0

Alcoholic beverages

228.750228.805229.7951.40.50.4

Housing

228.679229.355229.7602.80.50.2

Shelter

261.775262.560263.1643.00.50.2

Rent of primary residence(1)

271.433272.144272.4183.40.40.1

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

264.106264.575265.0053.00.30.2

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

264.095264.566264.9973.00.30.2

Fuels and utilities

229.891231.397230.9474.00.5-0.2

Household energy

185.703187.268186.6514.30.5-0.3

Energy services(1)

185.954187.538186.8914.20.5-0.3

Electricity(1)

183.384184.826184.4292.80.6-0.2

Utility (piped) gas service(1)

187.842190.252187.97014.50.1-1.2

Household furnishings and operations

121.672121.403121.7100.20.00.3

Apparel

131.261133.371136.8030.14.22.6

Transportation

201.201200.134200.7985.2-0.20.3

Private transportation

199.549198.310198.9335.5-0.30.3

New and used motor vehicles(3)

102.490102.557102.720-1.40.20.2

New vehicles

155.821155.457155.0070.1-0.5-0.3

New cars and trucks(3)(4)

106.164105.899105.5970.2-0.5-0.3

New cars(4)

156.147155.754155.4180.1-0.5-0.2

Used cars and trucks

138.088138.625140.126-4.61.51.1

Motor fuel

200.901194.500194.88919.0-3.00.2

Gasoline (all types)

199.933193.474193.87318.9-3.00.2

Unleaded regular(4)

195.212188.604188.91019.2-3.20.2

Unleaded midgrade(4)(5)

219.859214.617215.62417.4-1.90.5

Unleaded premium(4)

218.880214.032214.93917.2-1.80.4

Medical care

451.354458.149457.8124.81.4-0.1

Medical care commodities

367.199368.535366.3574.7-0.2-0.6

Medical care services

479.353488.257488.6654.91.90.1

Professional services

367.591368.344367.2572.0-0.1-0.3

Recreation(3)

116.842117.675117.628-0.40.70.0

Education and communication(3)

136.461135.664132.337-3.5-3.0-2.5

Other goods and services

416.620417.039417.9681.60.30.2
 

Commodity and service group

 
 

All Items

235.492236.052236.1542.20.30.0

Commodities

181.182180.946181.2961.40.10.2

Commodities less food and beverages

150.187149.726150.2122.20.00.3

Nondurables less food and beverages

193.840192.789193.8735.40.00.6

Nondurables less food, beverages, and apparel

232.541229.755229.6007.2-1.3-0.1

Durables

109.293109.289109.310-1.70.00.0

Services

290.153291.485291.3502.80.40.0

Rent of shelter(2)

268.694269.510270.1323.00.50.2

Transportation services

336.274338.266340.2745.91.20.6

Other services

339.880340.022335.946-1.0-1.2-1.2
 

Special aggregate indexes

 
 

All items less medical care

223.712223.978224.1002.00.20.1

All items less food

233.381233.970234.1012.60.30.1

All items less shelter

226.297226.767226.6631.90.20.0

Commodities less food

152.619152.169152.6692.10.00.3

Nondurables

218.767218.383218.9422.50.10.3

Nondurables less food

195.601194.608195.6875.10.00.6

Nondurables less food and apparel

231.118228.574228.5126.7-1.10.0

Services less rent of shelter(2)

326.209328.239327.1352.50.3-0.3

Services less medical care services

273.123273.929273.7602.50.2-0.1

Energy

188.535186.545186.38610.6-1.1-0.1

All items less energy

241.521242.363242.4951.60.40.1

All items less food and energy

240.848241.776241.9451.90.50.1

Commodities less food and energy commodities

147.256147.622148.141-0.50.60.4

Energy commodities

204.425198.078198.48318.7-2.90.2

Services less energy services

301.145302.444302.3682.70.40.0

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: Friday, April 14, 2017