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News Release Information

24-2098-ATL
Thursday, October 10, 2024

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

Consumer Price Index, South Region — September 2024

Area prices rose 0.1 percent in September; up 2.1 percent over the past year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South rose 0.1 percent in September, the U.S. Bureau of Labor Statistics reported today. A notable decline in the gasoline index was more than offset by increases in the shelter, medical care services, and apparel indexes. (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 for the South increased 2.1 percent for the 12 months ending in September, after increasing 2.3 percent for the 12-month period ending in August. (See chart 1 and table A.) The index for all items less food and energy advanced 3.0 percent over the past 12 months. The food index continued to increase, up 2.2 percent over the past year. In contrast, the energy index fell 6.9 percent over the same period. (See table 1.)

Food

The food index rose 0.4 percent in September, reflecting increases for the food at home (+0.4 percent) and food away from home (+0.3 percent) indexes. Four of the six major grocery store food group indexes increased over the month. The index for meats, poultry, fish, and eggs rose 1.1 percent in September, as did the index for fruits and vegetables. The index for cereals and bakery products rose 1.0 over the month, while the index for dairy and related products increased 0.6 percent over the same period. In comparison, the index for nonalcoholic beverages and beverage materials declined in September, as did the index for other food at home.

The food index rose 2.2 percent for the 12 months ending in September. The index for food away from home increased 3.5 percent over the past year, while the index for food at home rose 1.4 percent over the same period. Five of the six major grocery store food group indexes increased over the past year, led by a 4.3-percent increase in the index for meats, poultry, fish, and eggs.

Energy

The energy index declined 3.0 percent in September, largely attributed to a 6.6-percent fall in the gasoline index. The natural gas index declined 0.8 percent over the month, while the electricity index rose 1.2 percent over the same period.  

The energy index decreased 6.9 percent for the 12 months ending in September, reflecting a 15.0-percent fall in the gasoline index. In contrast, the indexes for electricity (+2.1 percent) and natural gas (+1.4 percent) increased over the past year.

All items less food and energy

The index for all items less food and energy rose 0.4 percent in September. The shelter index rose 0.5 percent over the month, reflecting increases in the indexes for owners’ equivalent rent (+0.5 percent) and rent of primary residence (+0.3 percent). Other indexes with notable increases in September include medical care services (+1.2 percent) and apparel (+2.2 percent). In comparison, the education and communication index declined 0.9 percent in September.

The index for all items less food and energy advanced 3.0 percent for the 12 months ending in September, after increasing 2.9 percent for the 12-month period ending in August. The index for shelter (+4.7 percent) was the largest contributor to the total 12-month increase in the all items less food and energy index. The indexes for owners’ equivalent rent (+5.1 percent) and rent of primary residence (+4.8 percent) also increased over the past year.

Geographic divisions

Additional price indexes are now available for the three divisions of the South. In September, the all items index increased 0.4 percent in the East South Central division and 0.1 percent in the West South Central division. The all items index for the South Atlantic division was unchanged in September.

Over the year, the all items index increased 3.2 percent in the East South Central division, 2.1 percent in the South Atlantic division, and 1.7 percent 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
Month20202021202220232024
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.32.30.51.60.97.80.86.90.63.4

February

0.21.90.52.01.18.40.66.40.93.7

March

-0.11.10.82.91.49.10.45.30.43.8

April

-0.8-0.20.74.40.58.80.75.50.23.3

May

-0.2-0.40.85.61.29.20.24.40.13.2

June

0.60.30.95.81.59.80.33.30.02.9

July

0.60.60.55.80.19.40.23.40.22.9

August

0.41.10.35.6-0.28.90.64.10.02.3

September

0.21.30.35.80.28.70.24.20.12.1

October

0.11.31.06.60.48.1-0.13.7

November

-0.11.20.47.20.17.7-0.23.4

December

0.21.40.37.4-0.37.0-0.13.7

The Consumer Price Index for October 2024 is scheduled to be released on Wednesday, November 13, 2024, at 8:30 a.m. (ET).


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 Consumer Price Index for the South is published monthly. The set of components and sub-aggregates published for regional and metropolitan indexes is more limited than at the U.S. city average level; these indexes are byproducts of the national CPI program. Each local index has a much smaller sample size than the national or regional indexes and is, therefore, subject to substantially more sampling and other measurement error. As a result, local-area indexes are more volatile than the national or regional indexes. In addition, local indexes are not adjusted for seasonal influences. 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.

Refer to the national CPI news release technical note or the Handbook of Methods for more information.

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) (not seasonally adjusted)
Item and Group

IndexesPercent change from-
Jul.
2024
Aug.
2024
Sep.
2024
Sep.
2023
Jul.
2024
Aug.
2024

Expenditure category

All Items

305.819305.761306.0782.10.10.1

All items (December 1977=100)

496.080495.986496.502---

Food and beverages

322.914323.095324.1772.20.40.3

Food

326.783326.917328.0802.20.40.4

Food at home

305.027304.572305.8021.40.30.4

Cereal and bakery products

366.286362.385365.9930.6-0.11.0

Meats, poultry, fish, and eggs

323.081322.885326.4514.31.01.1

Dairy and related products

268.560270.454272.0761.11.30.6

Fruits and vegetables

333.198331.694335.2990.90.61.1

Nonalcoholic beverages and beverage materials

216.560217.373215.1220.0-0.7-1.0

Other food at home

273.768273.339272.8120.5-0.3-0.2

Food away from home

363.562364.733365.7733.50.60.3

Alcoholic beverages

269.016269.822269.8181.90.30.0

Housing

313.354313.956315.3853.80.60.5

Shelter

366.744368.172369.8834.70.90.5

Rent of primary residence

392.174393.450394.7894.80.70.3

Owners' equiv. rent of residences(1)

369.280370.934372.6955.10.90.5

Owners' equiv. rent of primary residence(1)

369.266370.925372.6685.10.90.5

Fuels and utilities

303.699301.030303.8362.60.00.9

Household energy

248.118244.776247.0902.0-0.40.9

Energy services

248.338244.856247.2432.0-0.41.0

Electricity

245.471241.769244.7582.1-0.31.2

Utility (piped) gas service

246.829245.117243.2671.4-1.4-0.8

Household furnishings and operations

147.098146.658146.462-2.1-0.4-0.1

Apparel

140.034141.999145.1061.43.62.2

Transportation

274.977272.224268.606-1.8-2.3-1.3

Private transportation

278.505275.514271.302-1.9-2.6-1.5

New and used motor vehicles(2)

125.773125.138125.006-3.3-0.6-0.1

New vehicles

184.998184.591184.444-1.8-0.3-0.1

New cars and trucks(2)(3)

------

New cars(3)

181.956181.736181.387-2.4-0.3-0.2

Used cars and trucks

179.048177.629177.432-5.5-0.9-0.1

Motor fuel

291.834281.052262.527-15.2-10.0-6.6

Gasoline (all types)

290.899280.112261.513-15.0-10.1-6.6

Unleaded regular(3)

283.966273.037254.223-15.5-10.5-6.9

Unleaded midgrade(3)(4)

327.896317.410299.402-12.6-8.7-5.7

Unleaded premium(3)

320.206310.992294.942-11.3-7.9-5.2

Medical care

530.530530.700535.4483.90.90.9

Medical care commodities

385.979385.232384.2290.2-0.5-0.3

Medical care services

578.720579.205585.9154.81.21.2

Professional services

400.295400.174407.6904.21.81.9

Recreation(2)

138.323138.200137.8951.2-0.3-0.2

Education and communication(2)

142.185142.344141.1210.2-0.7-0.9

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

1,535.1931,549.5731,551.0434.21.00.1

Other goods and services

531.515534.771535.5783.60.80.2

Commodity and service group

All Items

305.819305.761306.0782.10.10.1

Commodities

222.626221.713220.478-1.5-1.0-0.6

Commodities less food and beverages

178.103176.854174.876-3.5-1.8-1.1

Nondurables less food and beverages

235.713233.468229.343-4.2-2.7-1.8

Nondurables less food, beverages, and apparel

293.536288.793280.378-5.8-4.5-2.9

Durables

126.097125.568125.070-3.6-0.8-0.4

Services

389.893390.689392.5574.40.70.5

Rent of shelter(1)

377.777379.226380.9984.70.90.5

Transportation services

498.652498.913501.9277.20.70.6

Other services

400.220401.059399.9982.3-0.1-0.3

Special aggregate indexes

All items less medical care

293.230293.161293.2672.00.00.0

All items less food

302.349302.264302.4632.10.00.1

All items less shelter

282.990282.276281.9830.8-0.4-0.1

Commodities less food

180.855179.650177.712-3.4-1.7-1.1

Nondurables

276.900275.775274.058-0.7-1.0-0.6

Nondurables less food

237.217235.148231.264-3.9-2.5-1.7

Nondurables less food and apparel

289.813285.580277.944-5.2-4.1-2.7

Services less rent of shelter(1)

416.630416.514418.5664.00.50.5

Services less medical care services

371.839372.648374.1464.40.60.4

Energy

263.953257.084249.271-6.9-5.6-3.0

All items less energy

311.730312.333313.4422.90.50.4

All items less food and energy

309.699310.377311.4793.00.60.4

Commodities less food and energy commodities

167.457167.416167.503-1.40.00.1

Energy commodities

296.558285.904267.532-14.9-9.8-6.4

Services less energy services

404.831406.028407.8574.60.70.5

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: Thursday, October 10, 2024