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News Release Information

20-1571-ATL
Wednesday, August 12, 2020

Contacts

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

Consumer Price Index, South Region – July 2020

Prices in the South up 0.6 percent over the month and 0.6 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South rose 0.6 percent in July, the U.S. Bureau of Labor Statistics reported today. The index for all item less food and energy rose 0.6 percent from June to July, while the energy index advanced 3.0 percent. The food index declined 0.5 percent in July. (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 rose 0.6 percent for the 12 months ending July 2020. The index for all items less food and energy increased 1.2 percent over the past year, while the food index advanced 3.9 percent. In contrast, the energy index declined 11.8 percent for the 12 months ending in July. (See chart 1 and table 1.)

Food

The food index declined 0.5 percent in July, reflecting a 1.2-percent decrease in the food at home index. The food away from home index rose 0.4 percent in July.

The food index advanced 3.9 percent for the 12 months ending in July, reflecting increases in the food at home (4.9 percent) and food away from home (2.7 percent) indexes.

Energy

The energy index advanced 3.0 percent in July, led by a 6.3-percent increase in the gasoline index. The electricity and the utility (piped) gas service indexes also increased in July, up 0.3 percent and 1.2 percent, respectively.

The energy index declined 11.8 percent for the 12 months ending in July, led by a 21.5-percent drop in the gasoline index. The electricity index also declined over the past year, down 1.7 percent. The utility (piped) gas service index rose 1.1 percent over the past year.

All items less food and energy

The index for all items less food and energy rose 0.6 percent in July. Several indexes increased over the month, most notably motor vehicle insurance (9.0 percent) and used cars and trucks (3.2 percent).

The index for all items less food and energy rose 1.2 percent for the 12 months ending in July. The shelter index increased 2.2 percent over the 12-month span, and the medical care index rose 3.9 percent. Indexes that declined over the past year include apparel (-7.4 percent) and motor vehicle insurance (-2.8 percent).

Geographic divisions

Additional price indexes are now available for the three divisions of the South. The all items CPI-U for the East South Central division rose 0.9 percent in July. The all items index for the West South Central and South Atlantic divisions also increased in July, up 0.7 percent and 0.4 percent, respectively.  

Over the year, the all items index rose 0.9 percent in the South Atlantic division and 0.6 percent in the East South Central division. The all items index for the West South Central division was unchanged over the past year.

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2016 2017 2018 2019 2020
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.0 1.2 0.5 2.6 0.5 1.8 0.2 1.2 0.3 2.3

February

0.1 0.7 0.2 2.8 0.6 2.1 0.5 1.1 0.2 1.9

March

0.6 0.7 0.0 2.2 0.2 2.3 0.7 1.6 -0.1 1.1

April

0.4 0.9 0.2 2.0 0.4 2.4 0.5 1.8 -0.8 -0.2

May

0.4 0.9 0.0 1.7 0.3 2.7 -0.1 1.4 -0.2 -0.4

June

0.4 0.8 0.2 1.5 0.2 2.7 -0.1 1.1 0.6 0.3

July

-0.2 0.7 -0.2 1.6 0.0 2.9 0.3 1.4 0.6 0.6

August

0.1 1.0 0.4 1.9 -0.1 2.4 -0.1 1.4

September

0.2 1.4 0.7 2.4 0.0 1.7 0.0 1.3

October

0.1 1.5 -0.2 2.0 0.2 2.1 0.2 1.3

November

-0.1 1.6 -0.1 2.1 -0.3 1.9 0.0 1.6

December

0.1 2.0 -0.1 1.8 -0.5 1.5 0.0 2.1

The Consumer Price Index for August 2020 is scheduled to be released on Friday, September 11, 2020.

Coronavirus (COVID-19) Impact on July 2020 Consumer Price Index Data

Data collection by personal visit for the Consumer Price Index (CPI) program has been suspended since March 16, 2020. When possible, data normally collected by personal visit were collected either online or by phone. Additionally, data collection in July was affected by the temporary closing or limited operations of certain types of establishments. These factors resulted in an increase in the number of prices considered temporarily unavailable and imputed. While the CPI program attempted to collect as much data as possible, many indexes are based on smaller amounts of collected prices than usual, and a small number of indexes that are normally published were not published this month. Additional information is available at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-consumer-price-index.htm.


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

Indexes Percent change from-
May
2020
Jun.
2020
Jul.
2020
Jul.
2019
May
2020
Jun.
2020

Expenditure category

All Items

245.696 247.223 248.619 0.6 1.2 0.6

All items (December 1977=100)

398.552 401.030 403.295 - - -

Food and beverages

264.124 265.795 264.373 3.7 0.1 -0.5

Food

265.593 267.440 266.084 3.9 0.2 -0.5

Food at home

250.905 253.705 250.534 4.9 -0.1 -1.2

Cereal and bakery products

290.045 291.619 292.139 3.5 0.7 0.2

Meats, poultry, fish, and eggs

268.389 274.815 265.055 8.6 -1.2 -3.6

Dairy and related products

232.250 228.151 226.335 3.0 -2.5 -0.8

Fruits and vegetables

290.714 289.884 288.508 1.4 -0.8 -0.5

Nonalcoholic beverages and beverage materials

173.800 178.786 177.456 6.4 2.1 -0.7

Other food at home

218.195 221.096 219.653 4.5 0.7 -0.7

Food away from home

290.280 290.776 292.021 2.7 0.6 0.4

Alcoholic beverages

243.359 242.664 240.369 1.1 -1.2 -0.9

Housing

247.878 248.845 249.635 1.7 0.7 0.3

Shelter

288.376 288.558 289.271 2.2 0.3 0.2

Rent of primary residence

303.855 304.267 305.309 3.3 0.5 0.3

Owners' equiv. rent of residences(1)

290.980 291.061 292.061 2.6 0.4 0.3

Owners' equiv. rent of primary residence(1)

290.985 291.065 292.066 2.6 0.4 0.3

Fuels and utilities

234.467 240.051 240.888 -0.5 2.7 0.3

Household energy

185.562 191.329 192.190 -1.4 3.6 0.5

Energy services

186.086 191.845 192.625 -1.4 3.5 0.4

Electricity

184.330 190.648 191.208 -1.7 3.7 0.3

Utility (piped) gas service

182.409 183.975 186.156 1.1 2.1 1.2

Household furnishings and operations

125.194 126.023 126.993 1.0 1.4 0.8

Apparel

122.185 123.677 122.242 -7.4 0.0 -1.2

Transportation

190.040 193.989 199.550 -6.2 5.0 2.9

Private transportation

190.017 194.101 200.137 -5.5 5.3 3.1

New and used motor vehicles(2)

100.752 100.595 102.133 -0.6 1.4 1.5

New vehicles

152.558 152.551 152.806 -0.4 0.2 0.2

New cars and trucks(2)(3)

103.870 103.866 104.036 -0.3 0.2 0.2

New cars(3)

151.588 152.070 152.137 -0.8 0.4 0.0

Used cars and trucks

139.854 138.443 142.878 -0.6 2.2 3.2

Motor fuel

151.268 168.104 178.531 -21.4 18.0 6.2

Gasoline (all types)

149.829 166.921 177.501 -21.5 18.5 6.3

Unleaded regular(3)

144.248 161.303 171.837 -22.1 19.1 6.5

Unleaded midgrade(3)(4)

178.329 194.187 204.942 -18.1 14.9 5.5

Unleaded premium(3)

181.597 196.945 206.574 -16.6 13.8 4.9

Motor vehicle insurance(5)

829.003 848.411 924.471 -2.8 11.5 9.0

Medical care

489.782 489.332 491.186 3.9 0.3 0.4

Medical care commodities

353.230 351.561 351.776 -1.5 -0.4 0.1

Medical care services

536.023 535.983 538.389 5.2 0.4 0.4

Professional services

372.431 372.352 374.077 2.2 0.4 0.5

Recreation(2)

121.219 121.338 120.971 1.2 -0.2 -0.3

Education and communication(2)

133.959 133.907 134.999 1.6 0.8 0.8

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

1,361.611 1,361.098 1,363.901 2.0 0.2 0.2

Other goods and services

437.909 439.636 442.820 2.8 1.1 0.7

Commodity and service group

All Items

245.696 247.223 248.619 0.6 1.2 0.6

Commodities

179.915 181.866 182.854 -1.5 1.6 0.5

Commodities less food and beverages

142.128 144.096 145.904 -4.5 2.7 1.3

Nondurables less food and beverages

176.937 182.176 184.897 -8.1 4.5 1.5

Nondurables less food, beverages, and apparel

210.972 218.370 223.410 -8.3 5.9 2.3

Durables

106.817 106.699 107.789 -0.6 0.9 1.0

Services

312.181 313.226 315.038 1.8 0.9 0.6

Rent of shelter(1)

296.351 296.546 297.272 2.3 0.3 0.2

Transportation services

330.931 335.516 347.221 -3.9 4.9 3.5

Other services

350.643 351.047 352.837 2.4 0.6 0.5

Special aggregate indexes

All items less medical care

232.473 234.090 235.457 0.2 1.3 0.6

All items less food

242.395 243.872 245.686 0.0 1.4 0.7

All items less shelter

230.143 232.191 233.855 -0.2 1.6 0.7

Commodities less food

145.065 146.975 148.689 -4.3 2.5 1.2

Nondurables

218.282 221.810 222.551 -1.8 2.0 0.3

Nondurables less food

180.541 185.416 187.833 -7.5 4.0 1.3

Nondurables less food and apparel

212.824 219.457 223.811 -7.5 5.2 2.0

Services less rent of shelter(1)

341.940 344.078 347.300 1.4 1.6 0.9

Services less medical care services

292.245 293.366 295.117 1.4 1.0 0.6

Energy

165.400 176.191 181.487 -11.8 9.7 3.0

All items less energy

255.154 255.764 256.779 1.6 0.6 0.4

All items less food and energy

253.765 254.164 255.588 1.2 0.7 0.6

Commodities less food and energy commodities

144.333 144.501 145.197 -1.1 0.6 0.5

Energy commodities

154.610 171.552 182.064 -21.1 17.8 6.1

Services less energy services

325.518 326.079 328.000 2.1 0.8 0.6

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, August 12, 2020