Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

News Release Information

22-1863-ATL
Tuesday, September 13, 2022

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

Consumer Price Index, Miami-Fort Lauderdale-West Palm Beach — August 2022

Area prices up 10.7 percent over the past 12 months

The Consumer Price Index for All Urban Consumers (CPI-U) for Miami-Fort Lauderdale-West Palm Beach rose 0.4 percent from June to August, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Janet S. Rankin noted that the index for all items less food and energy increased 2.0 percent over the bi-monthly period. The food index also increased from June to August, up 1.6 percent. In contrast, the energy index fell 13.8 percent over the bi-monthly period. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect the impact of seasonal influences.)

The all items CPI-U advanced 10.7 percent for the 12 months ending in August. The index for all items less food and energy rose 9.3 percent over the last 12 months. The energy index (+27.8 percent) and the food index (+10.0 percent) also increased over the past year. (See chart 1 and table 1.)


Food

The food index rose 1.6 percent from June to August, reflecting increases in the food at home (+1.5 percent) and food away from home (+1.7 percent) indexes.

The food index advanced 10.0 percent for the 12 months ending in August. The food at home and the food away from home indexes each increased over the past year, up 11.3 percent and 7.2 percent, respectively.

Energy

The energy index fell 13.8 percent from June to August, reflecting a 21.7-percent decrease in the gasoline index. The electricity index edged up 0.2 percent over the bi-monthly period, while the utility (piped) gas service index increased 1.7 percent.

The energy index advanced 27.8 percent for the 12 months ending in August, led by increases in the gasoline (+24.1 percent) and electricity (+33.3 percent) indexes. The utility (piped) gas service index also increased over the past year, up 13.4 percent.

All items less food and energy

The index for all items less food and energy rose 2.0 percent from June to August, led by a 2.8-percent increase in the shelter index. Apparel (+8.2 percent) was also among the components to increase over the bi-monthly period.

The index for all items less food and energy advanced 9.3 percent for the 12 months ending in August, largely due to a 12.7-percent increase in the shelter index.

Table A. Miami-Fort Lauderdale-West Palm Beach, FL, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2018 2019 2020 2021 2022
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

2.6 3.2 1.0 1.2 0.4 1.4 0.8 1.4 3.3 9.8

April

-0.1 3.5 0.8 2.2 -1.0 -0.5 1.6 4.1 1.5 9.6

June

0.5 4.2 -0.5 1.2 0.7 0.7 1.6 5.1 2.5 10.6

August

-0.3 3.6 0.4 1.9 1.0 1.4 0.2 4.2 0.4 10.7

October

0.8 3.4 0.4 1.5 0.1 1.0 1.5 5.7

December

-0.6 2.9 -0.2 2.0 -0.2 1.1 1.2 7.1

The Consumer Price Index for September 2022 is scheduled to be released on Thursday, October 13, 2022, 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 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 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 Miami-Fort Lauderdale-West Palm Beach, FL, Core Based Statistical Area covered in this release is comprised of Broward, Miami-Dade, and Palm Beach Counties in Florida.

Information in this release will be made available to sensory impaired individuals 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
Miami-Fort Lauderdale-West Palm Beach, FL (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Jun.
2022
Jul.
2022
Aug.
2022
Aug.
2021
Jun.
2022
Jul.
2022

Expenditure category

All Items

314.971 - 316.152 10.7 0.4 -

All items (November 1977=100)

507.689 - 509.593 - - -

Food and beverages

299.602 - 303.855 9.4 1.4 -

Food

306.109 - 310.917 10.0 1.6 -

Food at home

291.684 295.818 296.144 11.3 1.5 0.1

Cereals and bakery products

363.014 - 374.585 16.3 3.2 -

Meats, poultry, fish, and eggs

292.851 - 291.932 4.3 -0.3 -

Dairy and related products

252.204 - 261.291 10.5 3.6 -

Fruits and vegetables

331.520 - 322.952 11.6 -2.6 -

Nonalcoholic beverages and beverage materials(1)

275.433 - 293.296 10.9 6.5 -

Other food at home

245.183 - 251.264 18.0 2.5 -

Food away from home

328.851 - 334.319 7.2 1.7 -

Alcoholic beverages

223.763 - 220.033 0.6 -1.7 -

Housing

332.108 - 340.235 13.5 2.4 -

Shelter

377.298 383.014 387.733 12.7 2.8 1.2

Rent of primary residence

372.926 378.882 383.113 14.5 2.7 1.1

Owners' equiv. rent of residences(2)

379.676 386.657 392.031 12.5 3.3 1.4

Owners' equiv. rent of primary residence(2)

379.676 386.657 392.031 12.5 3.3 1.4

Fuels and utilities

232.930 - 233.074 25.3 0.1 -

Household energy

209.881 209.823 209.563 33.2 -0.2 -0.1

Energy services

205.123 205.499 205.525 33.0 0.2 0.0

Electricity

201.379 201.711 201.729 33.3 0.2 0.0

Utility (piped) gas service

215.846 218.961 219.572 13.4 1.7 0.3

Household furnishings and operations

195.955 - 199.709 9.0 1.9 -

Apparel

141.712 - 153.383 5.5 8.2 -

Transportation

295.320 - 277.369 10.3 -6.1 -

Private transportation

309.158 - 290.084 10.8 -6.2 -

New and used motor vehicles(3)

138.039 - 139.392 2.6 1.0 -

New vehicles(1)

276.271 - 278.372 6.5 0.8 -

Used cars and trucks(1)

449.528 - 447.135 7.2 -0.5 -

Motor fuel

428.992 392.212 336.382 24.2 -21.6 -14.2

Gasoline (all types)

424.054 387.486 332.176 24.1 -21.7 -14.3

Unleaded regular(4)

421.070 383.482 327.586 24.0 -22.2 -14.6

Unleaded midgrade(4)(5)

405.132 378.396 330.536 25.6 -18.4 -12.6

Unleaded premium(4)

430.065 403.154 355.344 24.5 -17.4 -11.9

Medical Care

614.000 - 615.356 4.8 0.2 -

Recreation(3)

131.751 - 132.619 8.9 0.7 -

Education and communication(3)

125.699 - 127.132 1.5 1.1 -

Tuition, other school fees, and child care(1)

1,063.580 - 1,080.324 2.6 1.6 -

Other goods and services

419.125 - 418.049 13.1 -0.3 -

Commodity and service group

All Items

314.971 - 316.152 10.7 0.4 -

Commodities

251.319 - 243.637 9.7 -3.1 -

Commodities less food & beverages

216.410 - 204.836 9.8 -5.3 -

Nondurables less food & beverages

271.825 - 245.191 13.9 -9.8 -

Durables

161.679 - 162.140 5.5 0.3 -

Services

364.557 - 372.126 11.3 2.1 -

Special aggregate indexes

All items less medical care

302.214 - 303.384 11.3 0.4 -

All items less shelter

282.057 - 278.521 9.4 -1.3 -

Commodities less food

217.476 - 206.032 9.5 -5.3 -

Nondurables

290.814 - 277.918 11.6 -4.4 -

Nondurables less food

269.334 - 243.845 13.1 -9.5 -

Services less rent of shelter(2)

355.298 - 358.863 9.1 1.0 -

Services less medical care services

344.544 - 352.279 11.8 2.2 -

Energy

308.871 291.987 266.266 27.8 -13.8 -8.8

All items less energy

315.529 - 321.698 9.4 2.0 -

All items less food and energy

317.293 - 323.661 9.3 2.0 -

Footnotes
(1) Index is on a November 1977=100 base.
(2) Index is on a November 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.

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

 

Last Modified Date: Tuesday, September 13, 2022