An official website of the United States government
24-991-ATL
Wednesday, May 15, 2024
The Consumer Price Index for All Urban Consumers (CPI-U) for the South rose 0.2 percent in April, the U.S. Bureau of Labor Statistics reported today. (See table A.) The monthly increase in the all items index was influenced by increases in the gasoline and shelter indexes. (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 3.3 percent for the 12 months ending in April, after increasing 3.8 percent for the 12-month period ending in March. (See chart 1 and table A.) The index for all items less food and energy advanced 3.6 percent over the past 12 months. The food index and the energy index also increased over the past year, up 2.0 percent and 1.7 percent, respectively. (See table 1.)
FoodThe food index rose 0.1 percent in April. The index for food away from home increased 0.2 percent over the month, while the index for food at home was unchanged. Within the food at home index, declines were noted for the fruits and vegetables (-0.9 percent) and meats, poultry, fish, and eggs (-0.3 percent) indexes. Three of the six major grocery store food group indexes increased in April. The index for nonalcoholic beverages and beverage materials increased 0.7 percent in April. The index for other food at home rose 0.2 percent over the month, as did the dairy and related products index.
The food index advanced 2.0 percent for the 12 months ending in April. The food away from home index and the food at home index continued to increase over the past year, up 3.9 percent and 0.9 percent, respectively. Five of the six major grocery store food group indexes increased over the past 12 months, including fruits and vegetables (+2.5 percent), meat, poultry, fish, and eggs (+0.9 percent), and nonalcoholic beverages and beverage materials (+1.6 percent). In comparison, the index for dairy and related products declined 1.7 percent over the past year.
EnergyThe energy index rose 1.4 percent in April, reflecting a 3.7-percent increase in the gasoline index. The index for electricity decreased 0.7 percent in April, while the index for natural gas declined 4.0 percent over the month.
The energy index increased 1.7 percent for the 12 months ending in April. The electricity index contributed to the increase, up 4.1 percent over the past year. The indexes for gasoline and natural gas declined over the past 12 months, down 0.8 percent and 1.6 percent, respectively.
All items less food and energyThe index for all items less food and energy rose 0.1 percent in April, primarily due to a 0.2-percent increase in the shelter index. Within shelter, the index for owners’ equivalent rent increased 0.4 percent in April, while the index for rent of primary residence increased 0.2 percent over the month. Among the indexes to decline in April include household furnishings and operations (-1.6 percent) and new and used motor vehicles (-0.5 percent).
The index for all items less food and energy advanced 3.6 percent for the 12 months ending in April, after increasing 4.0 percent for the 12-month period ending in March. The index for shelter (+5.8 percent) was the largest contributor as owners’ equivalent rent (+6.0 percent) and rent of primary residence (+5.8 percent) continued to increase over the past year.
Geographic divisionsAdditional price indexes are now available for the three divisions of the South. In April, the all items index increased 0.6 percent in the East South Central division, 0.3 percent in the West South Central division, and 0.1 percent in the South Atlantic division.
Over the year, the all items index increased in each of the three divisions of the South: East South Central (+3.9 percent), South Atlantic (+3.3 percent), and West South Central (+3.1 percent).
The Consumer Price Index for May 2024 is scheduled to be released on Wednesday, June 12, 2024, at 8:30 a.m. (ET).
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.
Item and Group | Indexes | Percent change from- | ||||
---|---|---|---|---|---|---|
Feb. 2024 | Mar. 2024 | Apr. 2024 | Apr. 2023 | Feb. 2024 | Mar. 2024 | |
Expenditure category | ||||||
All Items | 303.144 | 304.490 | 305.104 | 3.3 | 0.6 | 0.2 |
All items (December 1977=100) | 491.741 | 493.926 | 494.922 | - | - | - |
Food and beverages | 320.288 | 320.761 | 320.988 | 2.0 | 0.2 | 0.1 |
Food | 324.053 | 324.498 | 324.728 | 2.0 | 0.2 | 0.1 |
Food at home | 303.445 | 303.610 | 303.540 | 0.9 | 0.0 | 0.0 |
Cereal and bakery products | 365.242 | 363.914 | 364.077 | 0.5 | -0.3 | 0.0 |
Meats, poultry, fish, and eggs | 313.785 | 317.579 | 316.605 | 0.9 | 0.9 | -0.3 |
Dairy and related products | 267.440 | 266.715 | 267.318 | -1.7 | 0.0 | 0.2 |
Fruits and vegetables | 335.535 | 336.449 | 333.496 | 2.5 | -0.6 | -0.9 |
Nonalcoholic beverages and beverage materials | 217.681 | 216.555 | 218.133 | 1.6 | 0.2 | 0.7 |
Other food at home | 273.974 | 272.818 | 273.442 | 0.7 | -0.2 | 0.2 |
Food away from home | 358.820 | 359.756 | 360.513 | 3.9 | 0.5 | 0.2 |
Alcoholic beverages | 267.801 | 268.652 | 268.836 | 2.5 | 0.4 | 0.1 |
Housing | 309.946 | 310.868 | 310.689 | 4.6 | 0.2 | -0.1 |
Shelter | 361.886 | 363.186 | 364.032 | 5.8 | 0.6 | 0.2 |
Rent of primary residence | 387.004 | 388.327 | 389.000 | 5.8 | 0.5 | 0.2 |
Owners' equiv. rent of residences(1) | 363.588 | 364.627 | 365.904 | 6.0 | 0.6 | 0.4 |
Owners' equiv. rent of primary residence(1) | 363.559 | 364.608 | 365.896 | 6.0 | 0.6 | 0.4 |
Fuels and utilities | 299.965 | 299.955 | 297.549 | 3.6 | -0.8 | -0.8 |
Household energy | 244.441 | 244.436 | 241.649 | 3.2 | -1.1 | -1.1 |
Energy services | 244.317 | 244.278 | 241.555 | 3.3 | -1.1 | -1.1 |
Electricity | 239.900 | 240.298 | 238.698 | 4.1 | -0.5 | -0.7 |
Utility (piped) gas service | 253.566 | 250.598 | 240.550 | -1.6 | -5.1 | -4.0 |
Household furnishings and operations | 148.623 | 148.788 | 146.345 | -2.7 | -1.5 | -1.6 |
Apparel | 143.513 | 144.767 | 144.797 | 2.9 | 0.9 | 0.0 |
Transportation | 270.629 | 274.736 | 277.571 | 3.0 | 2.6 | 1.0 |
Private transportation | 273.161 | 277.229 | 279.832 | 3.3 | 2.4 | 0.9 |
New and used motor vehicles(2) | 126.874 | 127.089 | 126.471 | -3.1 | -0.3 | -0.5 |
New vehicles | 186.252 | 185.738 | 185.648 | -0.7 | -0.3 | 0.0 |
- | - | - | - | - | - | |
New cars(3) | 184.059 | 183.304 | 182.930 | -1.5 | -0.6 | -0.2 |
Used cars and trucks | 179.817 | 180.573 | 179.696 | -7.4 | -0.1 | -0.5 |
Motor fuel | 271.125 | 287.353 | 297.650 | -0.8 | 9.8 | 3.6 |
Gasoline (all types) | 269.248 | 285.884 | 296.536 | -0.8 | 10.1 | 3.7 |
Unleaded regular(3) | 262.325 | 279.136 | 289.829 | -0.8 | 10.5 | 3.8 |
305.129 | 321.641 | 332.395 | 0.3 | 8.9 | 3.3 | |
Unleaded premium(3) | 299.799 | 314.292 | 324.073 | 0.7 | 8.1 | 3.1 |
Medical care | 528.925 | 529.761 | 529.696 | 2.0 | 0.1 | 0.0 |
Medical care commodities | 380.170 | 380.200 | 380.072 | 0.8 | 0.0 | 0.0 |
Medical care services | 578.563 | 579.675 | 579.632 | 2.3 | 0.2 | 0.0 |
Professional services | 396.911 | 397.797 | 398.379 | 1.2 | 0.4 | 0.1 |
Recreation(2) | 139.336 | 138.500 | 138.922 | 2.4 | -0.3 | 0.3 |
Education and communication(2) | 141.135 | 141.224 | 141.473 | 0.7 | 0.2 | 0.2 |
Tuition, other school fees, and child care(5) | 1,509.285 | 1,507.531 | 1,508.592 | 3.6 | 0.0 | 0.1 |
Other goods and services | 525.856 | 529.387 | 532.474 | 4.5 | 1.3 | 0.6 |
Commodity and service group | ||||||
All Items | 303.144 | 304.490 | 305.104 | 3.3 | 0.6 | 0.2 |
Commodities | 221.149 | 222.661 | 223.353 | 0.1 | 1.0 | 0.3 |
Commodities less food and beverages | 177.087 | 178.889 | 179.711 | -0.9 | 1.5 | 0.5 |
Nondurables less food and beverages | 230.710 | 235.542 | 238.540 | 0.9 | 3.4 | 1.3 |
Nondurables less food, beverages, and apparel | 283.499 | 290.470 | 295.237 | 0.4 | 4.1 | 1.6 |
Durables | 127.570 | 127.380 | 126.817 | -3.3 | -0.6 | -0.4 |
Services | 386.014 | 387.201 | 387.738 | 5.5 | 0.4 | 0.1 |
Rent of shelter(1) | 372.778 | 374.095 | 375.003 | 5.8 | 0.6 | 0.2 |
Transportation services | 497.044 | 499.325 | 503.363 | 12.3 | 1.3 | 0.8 |
Other services | 397.583 | 397.925 | 399.788 | 3.5 | 0.6 | 0.5 |
Special aggregate indexes | ||||||
All items less medical care | 290.521 | 291.883 | 292.526 | 3.4 | 0.7 | 0.2 |
All items less food | 299.687 | 301.157 | 301.824 | 3.5 | 0.7 | 0.2 |
All items less shelter | 281.243 | 282.628 | 283.148 | 2.1 | 0.7 | 0.2 |
Commodities less food | 179.831 | 181.616 | 182.426 | -0.8 | 1.4 | 0.4 |
Nondurables | 272.986 | 275.807 | 277.526 | 1.6 | 1.7 | 0.6 |
Nondurables less food | 232.436 | 237.035 | 239.868 | 1.0 | 3.2 | 1.2 |
Nondurables less food and apparel | 280.599 | 286.999 | 291.341 | 0.6 | 3.8 | 1.5 |
Services less rent of shelter(1) | 414.254 | 415.283 | 415.306 | 5.0 | 0.3 | 0.0 |
Services less medical care services | 367.735 | 368.914 | 369.487 | 5.8 | 0.5 | 0.2 |
Energy | 252.118 | 259.962 | 263.563 | 1.7 | 4.5 | 1.4 |
All items less energy | 309.928 | 310.652 | 310.979 | 3.4 | 0.3 | 0.1 |
All items less food and energy | 308.042 | 308.810 | 309.154 | 3.6 | 0.4 | 0.1 |
Commodities less food and energy commodities | 168.816 | 168.835 | 168.503 | -1.3 | -0.2 | -0.2 |
Energy commodities | 276.252 | 292.375 | 302.440 | -0.9 | 9.5 | 3.4 |
Services less energy services | 400.948 | 402.253 | 403.096 | 5.6 | 0.5 | 0.2 |
Footnotes | ||||||
- Data not available. |
Last Modified Date: Wednesday, May 15, 2024