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News Release Information

18-1820-ATL
Wednesday, November 14, 2018

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Technical information:
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  • (404) 893-4220

Consumer Price Index, South Region – October 2018

Prices in the South up 0.2 percent over the month and 2.1 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South edged up 0.2 percent in October, the U.S. Bureau of Labor Statistics reported today. The all items less food and energy index increased 0.3 percent over the month. The energy index edged up 0.2 percent, while the food index was unchanged in October. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes reflect the impact of seasonal influences.)

The all items CPI-U was up 2.1 percent since October 2017. The index for all items less food and energy increased 1.8 percent over the past year, and the energy index advanced 6.9 percent. The food index rose 0.8 percent over the year. (See chart 1 and table 1.)

Food

The food index was unchanged in October. Over the month, the food away from home index inched down 0.1 percent, while the food at home index was unchanged.

The food index rose 0.8 percent since October 2017, reflecting a 2.1-percent increase in the food away from home index. The food at home index edged down 0.2 percent over the year.

Energy

The energy index edged up 0.2 percent in October, led by increases in the motor fuel index (1.3 percent) and the utility (piped) gas service index (2.6 percent). In contrast, the electricity index declined 1.7 percent over the month.

From October 2017—October 2018, the energy index advanced 6.9 percent, reflecting a 14.2-percent increase in the motor fuel index. Over the year, the electricity and the utility (piped) gas service indexes declined, down 0.9 and 5.9 percent, respectively.

All items less food and energy

The index for all items less food and energy edged up 0.3 percent over the October pricing period, as increases were recorded for several indexes, most notably shelter (0.3 percent) and apparel (1.8 percent). In contrast, the recreation index declined 0.5 percent.

Since October 2017, the index for all items less food and energy advanced 1.8 percent. The shelter index contributed to the increase, up 2.7 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

-0.12.0-0.1-0.1-0.20.7-0.21.60.02.9

August

-0.21.7-0.2-0.20.11.00.41.9-0.12.4

September

0.11.7-0.2-0.40.21.40.72.40.01.7

October

-0.31.60.0-0.10.11.5-0.22.00.22.1

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 November 2018 is scheduled to be released on Wednesday, December 12, 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-
Aug.
2018
Sep.
2018
Oct.
2018
Oct.
2017
Aug.
2018
Sep.
2018

Expenditure category

All Items

243.605243.640244.1632.10.20.2

All items (December 1977=100)

395.162395.217396.066---

Food and beverages

251.033251.273251.2390.90.10.0

Food

252.392252.561252.4660.80.00.0

Food at home

238.259238.207238.189-0.20.00.0

Cereal and bakery products

278.163278.437277.865--0.1-0.2

Meats, poultry, fish, and eggs

245.112243.757242.710--1.0-0.4

Dairy and related products

220.454219.356218.877--0.7-0.2

Fruits and vegetables

285.149285.400285.141-0.0-0.1

Nonalcoholic beverages and beverage materials

164.971165.410167.430-1.51.2

Other food at home

209.417210.183210.175-0.40.0

Food away from home

276.255276.736276.5302.10.1-0.1

Alcoholic beverages

231.616232.890233.7441.00.90.4

Housing

238.681238.627238.9892.20.10.2

Shelter

274.581275.119275.9202.70.50.3

Rent of primary residence

286.803287.498288.2763.20.50.3

Owners' equiv. rent of residences(1)

276.412277.038277.8192.70.50.3

Owners' equiv. rent of primary residence(1)

276.411277.040277.8172.70.50.3

Fuels and utilities

240.366237.359235.374-0.3-2.1-0.8

Household energy

194.147190.981188.748-1.4-2.8-1.2

Energy services

194.285190.939188.647-1.5-2.9-1.2

Electricity

193.147190.756187.500-0.9-2.9-1.7

Utility (piped) gas service

185.522175.843180.423-5.9-2.72.6

Household furnishings and operations

121.743121.586121.9551.30.20.3

Apparel

130.556135.366137.8310.85.61.8

Transportation

214.636212.987214.4374.8-0.10.7

Private transportation

213.977212.282213.5245.1-0.20.6

New and used motor vehicles(2)

102.724100.958101.1080.8-1.60.1

New vehicles

153.618153.034152.4850.7-0.7-0.4

New cars and trucks(2)(3)

104.592104.192103.8210.7-0.7-0.4

New cars(3)

153.097152.510152.0921.4-0.7-0.3

Used cars and trucks

142.571136.551137.9060.6-3.31.0

Motor fuel

239.439239.321242.37614.21.21.3

Gasoline (all types)

238.227238.033240.98914.21.21.2

Unleaded regular(3)

232.867232.641235.68814.51.21.3

Unleaded midgrade(3)(4)

261.109261.688263.00612.60.70.5

Unleaded premium(3)

257.782257.734259.85111.70.80.8

Motor vehicle insurance(5)

944.864946.764956.145-1.21.0

Medical care

462.520462.251461.8151.0-0.2-0.1

Medical care commodities

365.796364.106360.565-1.5-1.4-1.0

Medical care services

494.979495.209495.8621.60.20.1

Professional services

364.929363.837363.7100.8-0.30.0

Recreation(2)

118.505119.052118.5121.00.0-0.5

Education and communication(2)

132.929133.443133.3190.50.3-0.1

Tuition, other school fees, and child care(5)

1,315.1321,322.8911,327.097-0.90.3

Other goods and services

426.185426.409428.2791.40.50.4

Commodity and service group

All Items

243.605243.640244.1632.10.20.2

Commodities

185.429185.240185.7811.90.20.3

Commodities less food and beverages

153.958153.630154.3442.40.30.5

Nondurables less food and beverages

204.654206.119207.6884.51.50.8

Nondurables less food, beverages, and apparel

249.725249.511250.6695.70.40.5

Durables

108.093106.672106.7850.0-1.20.1

Services

302.003302.274302.7712.30.30.2

Rent of shelter(1)

281.891282.464283.2982.70.50.3

Transportation services

357.381357.432360.6393.40.90.9

Other services

341.910343.782343.4761.70.5-0.1

Special aggregate indexes

All items less medical care

231.635231.684232.2522.20.30.2

All items less food

241.994242.009242.6232.30.30.3

All items less shelter

232.501232.344232.7641.80.10.2

Commodities less food

156.398156.104156.8242.30.30.5

Nondurables

226.792227.699228.5362.70.80.4

Nondurables less food

206.004207.459208.9914.31.40.7

Nondurables less food and apparel

247.111247.013248.1425.40.40.5

Services less rent of shelter(1)

336.694336.609336.7141.80.00.0

Services less medical care services

284.540284.812285.2922.40.30.2

Energy

211.352209.748210.1426.9-0.60.2

All items less energy

248.001248.221248.7601.70.30.2

All items less food and energy

247.642247.871248.5181.80.40.3

Commodities less food and energy commodities

146.190145.852146.255-0.10.00.3

Energy commodities

243.231243.222246.28114.11.31.3

Services less energy services

313.364314.033314.8362.50.50.3

Footnotes
(1) Indexes on a December 1982=100 base.
(2) Indexes on a December 1997=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) 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.

 

Last Modified Date: Wednesday, November 14, 2018