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News Release Information

18-1169-ATL
Thursday, July 12, 2018

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

Consumer Price Index, South Region – June 2018

Prices in the South up 0.2 percent over the month and 2.7 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South edged up 0.2 percent in June, the U.S. Bureau of Labor Statistics reported today. The energy index advanced 1.4 percent over the pricing period. The all items less food and energy index and the index for food, each inched up 0.1 percent in June. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes June reflect the impact of seasonal influences.)

The all items CPI-U was up 2.7 percent for the 12 months ending June. The index for all items less food and energy increased 2.1 percent over the past year, while the energy index advanced 10.9 percent and the food index rose 1.0 percent. (See chart 1 and table 1.)

Food

The food index inched up 0.1 percent in June. The food away from home index edged up 0.2 percent over the month, while the food at home index was up 0.1 percent.

The food index rose 1.0 percent since June 2017, primarily due to a 2.0-percent increase in the food away from home index. The food at home index edged up 0.3 percent over the year.

Energy

The energy index advanced 1.4 percent in June, reflecting a 3.9-percent increase in the electricity index. The utility (piped) gas service index declined 0.8 percent over the month, while the motor fuel index was unchanged.

From June 2017—June 2018, the energy index advanced 10.9 percent, fueled by a 24.2-percent increase in the motor fuel index. Over the year, the electricity and the utility (piped) gas service indexes declined, down 1.1 and 3.2 percent, respectively.

All items less food and energy

In June 2018, the all items less food and energy index inched up 0.1 percent. Increases in the shelter index (0.1 percent) and the medical care index (0.3 percent) were offset by a seasonal decline in the apparel index (-1.8 percent).

Since June 2017, the index for all items less food and energy advanced 2.1 percent. The shelter index contributed to the increase, up 3.1 percent over the year.

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month20142015201620172018
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.31.7-0.7-0.40.01.20.52.60.51.8

February

0.41.20.5-0.30.10.70.22.80.62.1

March

0.61.50.6-0.30.60.70.02.20.22.3

April

0.52.30.3-0.60.40.90.22.00.42.4

May

0.22.40.4-0.40.40.90.01.70.32.7

June

0.22.30.5-0.10.40.80.21.50.22.7

July

-0.12.0-0.1-0.1-0.20.7-0.21.6

August

-0.21.7-0.2-0.20.11.00.41.9

September

0.11.7-0.2-0.40.21.40.72.4

October

-0.31.60.0-0.10.11.5-0.22.0

November

-0.61.3-0.20.3-0.11.6-0.12.1

December

-0.60.6-0.40.50.12.0-0.11.8

The Consumer Price Index for July 2018 is scheduled to be released on Friday, August 10, 2018.


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 93 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 29 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 75 urban areas across the country from about 5,000 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 (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 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

IndexesPercent change from-
Apr.
2018
May
2018
Jun.
2018
Jun.
2017
Apr.
2018
May
2018

Expenditure category

All Items

242.486243.279243.7702.70.50.2

All items (December 1977=100)

393.346394.632395.429---

Food and beverages

249.847249.818250.2081.10.10.2

Food

251.061251.137251.5021.00.20.1

Food at home

237.670237.315237.4590.3-0.10.1

Cereal and bakery products

275.534276.967277.972-0.90.4

Meats, poultry, fish, and eggs

245.420244.319243.526--0.8-0.3

Dairy and related products

219.597217.733218.148--0.70.2

Fruits and vegetables

283.841283.071283.756-0.00.2

Nonalcoholic beverages and beverage materials

164.696165.041163.931--0.5-0.7

Other food at home

209.267209.161210.115-0.40.5

Food away from home

273.864274.544275.2242.00.50.2

Alcoholic beverages

232.539230.980231.7371.5-0.30.3

Housing

236.578237.125238.0772.40.60.4

Shelter

272.593273.314273.6073.10.40.1

Rent of primary residence(1)

283.436284.241285.1343.60.60.3

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

273.932274.489275.0103.10.40.2

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

273.930274.487275.0083.10.40.2

Fuels and utilities

233.867234.703240.474-0.12.82.5

Household energy

187.920188.647194.662-1.13.63.2

Energy services(1)

187.826188.588194.734-1.43.73.3

Electricity(1)

185.473186.306193.492-1.14.33.9

Utility (piped) gas service(1)

187.999188.205186.650-3.2-0.7-0.8

Household furnishings and operations

121.904121.732121.8791.00.00.1

Apparel

140.976140.367137.8282.7-2.2-1.8

Transportation

211.814214.664214.8366.71.40.1

Private transportation

210.348213.323213.6317.21.60.1

New and used motor vehicles(3)

101.593101.455101.801-0.60.20.3

New vehicles

152.427152.468152.615-0.90.10.1

New cars and trucks(3)(4)

103.772103.804103.897-1.00.10.1

New cars(4)

152.118151.953151.794-1.0-0.2-0.1

Used cars and trucks

140.400139.882140.642-0.10.20.5

Motor fuel

230.326242.557242.55324.25.30.0

Gasoline (all types)

229.172241.430241.33624.15.30.0

Unleaded regular(4)

223.938236.131235.98524.75.4-0.1

Unleaded midgrade(4)(5)

251.781263.865264.45222.05.00.2

Unleaded premium(4)

248.606260.125260.35819.84.70.1

Motor vehicle insurance(6)

939.811941.433941.337-0.20.0

Medical care

465.488465.132466.6842.10.30.3

Medical care commodities

368.457368.873372.7302.31.21.0

Medical care services

498.045497.420498.1602.00.00.1

Professional services

366.838365.871365.6651.0-0.3-0.1

Recreation(3)

117.716117.420117.923-0.10.20.4

Education and communication(3)

131.891132.270132.4970.80.50.2

Tuition, other school fees, and child care(6)

1,295.3531,296.7071,298.695-0.30.2

Other goods and services

426.734427.174426.6291.50.0-0.1

Commodity and service group

All Items

242.486243.279243.7702.70.50.2

Commodities

185.243186.230186.2322.90.50.0

Commodities less food and beverages

154.126155.417155.2853.90.8-0.1

Nondurables less food and beverages

205.715209.294208.8238.31.5-0.2

Nondurables less food, beverages, and apparel

245.988251.849252.43010.02.60.2

Durables

107.686107.426107.519-1.1-0.20.1

Services

299.906300.481301.4862.50.50.3

Rent of shelter(2)

279.908280.587280.8853.10.30.1

Transportation services

358.752359.265359.0274.40.1-0.1

Other services

338.671339.160339.9991.20.40.2

Special aggregate indexes

All items less medical care

230.319231.165231.6012.80.60.2

All items less food

240.908241.806242.3153.00.60.2

All items less shelter

231.707232.530233.0972.50.60.2

Commodities less food

156.584157.819157.7063.90.7-0.1

Nondurables

226.824228.756228.6794.50.80.0

Nondurables less food

207.058210.371209.9647.91.4-0.2

Nondurables less food and apparel

243.753249.011249.6039.42.40.2

Services less rent of shelter(2)

334.388334.857336.7521.90.70.6

Services less medical care services

282.064282.726283.7432.60.60.4

Energy

203.877210.180213.11910.94.51.4

All items less energy

247.597247.769247.9852.00.20.1

All items less food and energy

247.394247.583247.7742.10.20.1

Commodities less food and energy commodities

147.662147.381147.2510.1-0.3-0.1

Energy commodities

234.222246.418246.41823.95.20.0

Services less energy services

311.751312.305312.7412.80.30.1

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) Indexes 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.
(6) Indexes on a December 1977=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: Thursday, July 12, 2018