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News Release Information

25-218-ATL
Wednesday, February 12, 2025

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

Consumer Price Index, Tampa-St. Petersburg-Clearwater — January 2025

Area prices up 1.2 percent over the two months and 2.3 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for Tampa-St. Petersburg-Clearwater increased 1.2 percent from November to January, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Victoria G. Lee noted the index for all items less food and energy also increased 1.2 percent over the two-month period. The energy index rose 1.3 percent from November to January and the index for food increased 0.8 percent over the same period. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect the impact of seasonal influences.)

The Tampa area all items CPI-U advanced 2.3 percent for the 12 months ending in January. The index for all items less food and energy rose 2.8 percent over the last 12 months. The food index increased 0.7 percent for the 12 months ending in January. The energy index fell 2.6 percent over the same period.


Food

The food index rose 0.8 percent from November to January. The food away from home index (restaurant, cafeteria, and vending purchases) increased 1.8 percent over the bi-monthly period. The index for food at home (grocery store purchases) was little changed from November to January, up 0.1 percent.

The food index rose 0.7 percent over the last year. The food away from home index increased 2.5 percent over the past 12 months. In comparison, the index for food at home declined 0.6 percent over this 12-month span, with lower prices in 2 of the 6 major grocery store food groups: cereals and bakery products (-7.6 percent) and dairy and related products (-4.8 percent).

Energy

The energy index increased 1.3 percent from November to January. The gasoline index rose 2.1 percent over the two-month pricing period.

The energy index decreased 2.6 percent over the past 12 months. The gasoline index increased 2.9 percent over this 12-month span.

All items less food and energy

The index for all items less food and energy rose 1.2 percent from November to January. Indexes with notable increases over the two-month pricing period include shelter (+0.8 percent) and medical care (+2.4 percent).

The index for all items less food and energy rose 2.8 percent over the past 12 months. The shelter index (+3.7 percent) was the largest contributor to the increase, due in part to the increases in the owners’ equivalent rent (+3.7 percent) and rent (+4.5 percent) indexes. Medical care (+6.9 percent) was also an index to have a notable increase over the last year.

The Consumer Price Index for February 2025 is scheduled to be released on Wednesday, March 12, 2025, at 8:30 a.m. (ET).

Publication updates and changes

In accordance with annual practice, relative importance weights have been updated and are available online in the CPI Supplemental Table of Contents.

Effective with the January 2025 data release, several indexes and average price series were discontinued. More information is available on the CPI discontinued series page. Direct any inquiries to the CPI office using one of the CPI contact information options listed online.


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 Tampa is published bi-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.

Percent changes for all-items data previously found in Table A of this release can be accessed in Chart 1 for this release and its attendant data table. A full all-items data series history for the original index value and for 1-month, 2-month, 3-month, 6-month, and 12-month percent changes can be accessed via BLS data query tools. A direct link to the all-items series is provided in Table 1 of this release under historical data.

The Tampa-St. Petersburg-Clearwater, FL Core Based Statistical Area includes Hernando, Hillsborough, Pasco, and Pinellas Counties in Florida.

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. Tampa-St. Petersburg-Clearwater, FL, CPI-U by expenditure category for January 2025, not seasonally adjusted (1987=100 unless otherwise noted)
Expenditure category

Indexes Percent change from:
Historical
data
Nov.
2024
Dec.
2024
Jan.
2025
Jan.
2024
Nov.
2024
Dec.
2024

All items

299.638 - 303.197 2.3 1.2 -

Food and beverages

297.578 - 299.863 0.9 0.8 -

Food

299.699 - 302.117 0.7 0.8 -

Food at home

305.365 303.105 305.730 -0.6 0.1 0.9

Cereals and bakery products

319.813 319.398 309.553 -7.6 -3.2 -3.1

Meats, poultry, fish, and eggs

326.929 308.582 327.101 3.1 0.1 6.0

Dairy and related products

275.883 272.712 276.029 -4.8 0.1 1.2

Fruits and vegetables

406.174 407.286 400.925 0.9 -1.3 -1.6

Nonalcoholic beverages and beverage materials

214.807 224.880 226.096 0.1 5.3 0.5

Other food at home

240.792 241.569 243.883 1.2 1.3 1.0

Food away from home

292.377 - 297.558 2.5 1.8 -

Alcoholic beverages

254.089 - 254.244 4.0 0.1 -

Housing

333.609 - 335.866 2.7 0.7 -

Shelter

394.554 393.116 397.543 3.7 0.8 1.1

Rent of primary residence

410.268 410.490 411.849 4.5 0.4 0.3

Owners' equivalent rent of residences

418.416 417.559 419.480 3.7 0.3 0.5

Owners' equivalent rent of primary residence

418.416 417.559 419.480 3.7 0.3 0.5

Household furnishings and operations

157.366 - 157.895 0.3 0.3 -

Apparel

138.869 - 135.160 -5.5 -2.7 -

Transportation

257.264 - 264.222 1.9 2.7 -

Private transportation

267.334 - 270.090 0.6 1.0 -

New and used motor vehicles(1)

133.949 - 132.650 -1.8 -1.0 -

New vehicles

149.086 - 148.225 -1.2 -0.6 -

Used cars and trucks

166.738 - 167.063 0.2 0.2 -

Motor fuel

334.749 332.066 341.841 2.9 2.1 2.9

Gasoline (all types)

326.512 323.898 333.245 2.9 2.1 2.9

Unleaded regular(2)

314.790 312.193 321.531 2.8 2.1 3.0

Unleaded midgrade(2)(3)

337.038 335.418 343.178 3.2 1.8 2.3

Unleaded premium(2)

374.091 371.531 380.044 3.1 1.6 2.3

Medical care

525.257 - 538.105 6.9 2.4 -

Recreation(1)

133.557 - 134.002 -0.3 0.3 -

Education and communication(1)

131.139 - 134.183 0.5 2.3 -

Tuition, other school fees, and childcare

704.271 - 703.374 - -0.1 -

Other goods and services

376.054 - 375.039 1.4 -0.3 -

Footnotes
(1) Indexes on a December 1997=100 base.
(2) Special index based on a substantially smaller sample.
(3) Indexes on a December 1993=100 base.

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

Table 2. Tampa-St. Petersburg-Clearwater, FL, CPI-U by special aggregate index for January 2025, not seasonally adjusted (1987=100)
Special aggregate index

Indexes Percent change from:
Historical
data
Nov.
2024
Dec.
2024
Jan.
2025
Jan.
2024
Nov.
2024
Dec.
2024

All items

299.638 - 303.197 2.3 1.2 -

Food

299.699 - 302.117 0.7 0.8 -

Energy

250.674 256.798 254.033 -2.6 1.3 -1.1

All items less food and energy

303.944 - 307.649 2.8 1.2 -

All items less energy

303.152 - 306.708 2.6 1.2 -

All items less medical care

287.490 - 290.566 1.8 1.1 -

All items less shelter

259.715 - 263.527 1.4 1.5 -

Commodities

210.613 - 211.758 0.2 0.5 -

Commodities less food

172.763 - 173.512 0.1 0.4 -

Commodities less food & beverages

168.838 - 169.585 -0.1 0.4 -

Durables

106.827 - 106.882 -2.2 0.1 -

Nondurables

271.810 - 274.278 1.6 0.9 -

Nondurables less food

244.631 - 247.117 2.7 1.0 -

Nondurables less food & beverages

243.990 - 246.629 2.6 1.1 -

Services

379.761 - 385.452 3.3 1.5 -

Services less rent of shelter

352.330 - 361.145 2.6 2.5 -

Services less medical care services

365.570 - 370.870 3.1 1.4 -

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

 

Last Modified Date: Wednesday, February 12, 2025