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News Release Information

23-2201-ATL
Thursday, October 12, 2023

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

Consumer Price Index, South Region — September 2023

Prices in the South up 0.2 percent in September and 4.2 percent over the past year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South rose 0.2 percent in September, the U.S. Bureau of Labor Statistics reported today. The index for all items less food and energy rose 0.3 percent over the month. The energy index declined 0.6 percent in September, while the food index rose 0.2 percent over the past month. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes reflect the impact of seasonal influences.)

The all items CPI-U for the South increased 4.2 percent for the 12 months ending in September after increasing 4.1 percent for the 12-month period ending in August. (See chart 1 and table A.) The index for all items less and food and energy advanced 4.6 percent over the past 12 months. The food index continued to increase, up 3.9 percent over the past year. The energy index rose 1.0 percent over the last 12 months. (See table 1.)

Food

The food index rose 0.2 percent in September. The food away from home index increased 0.4 percent over the month, while the food at home index was unchanged. The six major grocery store food group indexes were split over the month, with three increases and three decreases.

The food index advanced 3.9 percent for the 12 months ending in September, led by a 6.2-percent increase in the food away home index. The food at home index also increased over the past year, up 2.5 percent. Five of the six major grocery store food group indexes increased over the last 12 months, including other food at home (+4.0 percent), nonalcoholic beverages and beverage materials (+5.5 percent), and cereals and bakery products (+4.2 percent).

Energy

The energy index declined 0.6 percent in September, primarily due to a 2.4-percent decrease in the gasoline index. The electricity index rose 1.3 percent over the month, while the natural gas index edged down 0.4 percent in September.

The energy index increased 1.0 percent for the 12 months ending in September. The gasoline index increased 5.3 percent over the past year. The natural gas index fell 15.9 percent over the last 12 months, while the electricity index rose 0.9 percent over the span.   

All items less food and energy

The index for all items less food and energy rose 0.3 percent in September. The shelter index rose 0.7 percent over the month, reflecting increases in the owners’ equivalent rent (+0.6 percent) and rent of primary residence (+0.5 percent) indexes. Household furnishing and operations (+1.4 percent) and apparel (+2.2 percent) were also among the indexes to increase in September. In contrast, the index for used cars and trucks declined 5.7 percent from August to September.

The index for all items less food and energy advanced 4.6 percent for the 12 months ending in September, after increasing 4.8 percent for the 12-month period ending in August. The increase was largely contributed to shelter (+8.2 percent). The index for owners’ equivalent increased 8.1 percent over the past year and rent of primary residence advanced 8.6 percent over the last 12 months.

Geographic divisions

Additional price indexes are now available for the three divisions of the South. In September, the all items index rose 0.3 percent for the South Atlantic division. The all items index for the East South Central and West South Central divisions rose 0.1 percent each over the month.

Over the year, the all items index increased 4.6 in the East South Central division and 4.5 percent in the South Atlantic division. The all items index rose 3.3 percent over the past year in the West South Central division.

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month20192020202120222023
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.21.20.32.30.51.60.97.80.86.9

February

0.51.10.21.90.52.01.18.40.66.4

March

0.71.6-0.11.10.82.91.49.10.45.3

April

0.51.8-0.8-0.20.74.40.58.80.75.5

May

-0.11.4-0.2-0.40.85.61.29.20.24.4

June

-0.11.10.60.30.95.81.59.80.33.3

July

0.31.40.60.60.55.80.19.40.23.4

August

-0.11.40.41.10.35.6-0.28.90.64.1

September

0.01.30.21.30.35.80.28.70.24.2

October

0.21.30.11.31.06.60.48.1

November

0.01.6-0.11.20.47.20.17.7

December

0.02.10.21.40.37.4-0.37.0

The Consumer Price Index for October 2023 is scheduled to be released on Tuesday, November 14, 2023, at 8:30 a.m. (ET).


Technical Note

The Consumer Price Index for the South region is published monthly. 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 U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. 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, 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 6,000 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; for most of the CPI-U the reference base is 1982-84 equals 100. An increase of 7 percent from the reference base, for example, is shown as 107.000.  Alternatively, that relationship can also be expressed as the price of a base period market basket of goods and services rising from $100 to $107. For further details see the CPI home page on the internet at www.bls.gov/cpi and the CPI section of the BLS Handbook of Methods available on the internet at www.bls.gov/opub/hom/cpi/.

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 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
South (1982-84=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Jul.
2023
Aug.
2023
Sep.
2023
Sep.
2022
Jul.
2023
Aug.
2023

Expenditure category

All Items

297.279298.975299.6574.20.80.2

All items (December 1977=100)

482.228484.979486.086---

Food and beverages

316.046316.753317.2763.80.40.2

Food

319.841320.551321.0443.90.40.2

Food at home

301.066301.524301.5932.50.20.0

Cereal and bakery products

364.142363.566363.8684.2-0.10.1

Meats, poultry, fish, and eggs

311.206312.203312.9860.10.60.3

Dairy and related products

271.291269.557269.059-0.4-0.8-0.2

Fruits and vegetables

331.306332.595332.2181.50.3-0.1

Nonalcoholic beverages and beverage materials

213.556214.931215.2215.50.80.1

Other food at home

271.520271.688271.4464.00.0-0.1

Food away from home

350.940352.143353.4786.20.70.4

Alcoholic beverages

263.135263.807264.7783.40.60.4

Housing

300.449301.627303.9386.41.20.8

Shelter

349.428350.941353.2408.21.10.7

Rent of primary residence

373.026375.042376.8718.61.00.5

Owners' equiv. rent of residences(1)

351.090352.581354.7508.11.00.6

Owners' equiv. rent of primary residence(1)

351.079352.569354.7348.11.00.6

Fuels and utilities

292.826293.595296.199-0.31.20.9

Household energy

239.400239.735242.319-1.91.21.1

Energy services

239.539239.770242.324-1.71.21.1

Electricity

235.811236.616239.6840.91.61.3

Utility (piped) gas service

244.573240.988239.941-15.9-1.9-0.4

Household furnishings and operations

147.159147.507149.5802.31.61.4

Apparel

137.767139.961143.0462.73.82.2

Transportation

272.010276.864273.5723.10.6-1.2

Private transportation

274.792280.107276.6543.70.7-1.2

New and used motor vehicles(2)

132.285131.609129.319-2.1-2.2-1.7

New vehicles

187.684187.690187.7462.30.00.0

New cars and trucks(2)(3)

------

New cars(3)

186.200186.143185.8531.3-0.2-0.2

Used cars and trucks

202.008199.079187.824-8.1-7.0-5.7

Motor fuel

295.068316.698309.7324.85.0-2.2

Gasoline (all types)

294.148315.327307.7695.34.6-2.4

Unleaded regular(3)

287.490308.712300.9765.44.7-2.5

Unleaded midgrade(3)(4)

328.117349.070342.6195.04.4-1.8

Unleaded premium(3)

319.076337.877332.4414.94.2-1.6

Medical care

518.123516.547515.166-2.1-0.6-0.3

Medical care commodities

382.400384.064383.3324.10.2-0.2

Medical care services

563.339560.553558.942-3.5-0.8-0.3

Professional services

392.421391.671391.392-0.6-0.3-0.1

Recreation(2)

135.541135.463136.3003.50.60.6

Education and communication(2)

140.152140.453140.9001.60.50.3

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

1,471.2091,481.5211,488.0053.71.10.4

Other goods and services

511.473511.735516.8725.31.11.0

Commodity and service group

All Items

297.279298.975299.6574.20.80.2

Commodities

223.169224.824223.8081.50.3-0.5

Commodities less food and beverages

180.848182.693181.2660.20.2-0.8

Nondurables less food and beverages

233.558239.964239.4433.32.5-0.2

Nondurables less food, beverages, and apparel

291.200300.047297.5573.52.2-0.8

Durables

131.819131.357129.725-2.1-1.6-1.2

Services

371.733373.435375.9595.91.10.7

Rent of shelter(1)

359.867361.445363.7748.31.10.6

Transportation services

455.235464.612468.18912.32.80.8

Other services

387.100388.311391.0964.41.00.7

Special aggregate indexes

All items less medical care

284.926286.765287.5404.70.90.3

All items less food

293.600295.429296.1374.20.90.2

All items less shelter

278.048279.831279.8542.20.60.0

Commodities less food

183.460185.293183.9040.30.2-0.7

Nondurables

272.419276.130276.1023.61.40.0

Nondurables less food

234.904240.998240.5563.42.4-0.2

Nondurables less food and apparel

287.293295.430293.2333.52.1-0.7

Services less rent of shelter(1)

397.686399.605402.4633.21.20.7

Services less medical care services

353.681355.691358.4877.11.40.8

Energy

259.597269.420267.6961.03.1-0.6

All items less energy

302.826303.789304.6974.50.60.3

All items less food and energy

300.480301.484302.4574.60.70.3

Commodities less food and energy commodities

170.877170.821169.959-0.1-0.5-0.5

Energy commodities

299.704321.371314.5354.54.9-2.1

Services less energy services

385.703387.556390.0826.51.10.7

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

 

Last Modified Date: Thursday, October 12, 2023