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18-1821-ATL
Wednesday, November 14, 2018

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Consumer Price Index, Atlanta-Sandy Springs-Roswell – October 2018

Area prices down 1.0 percent over the two months; up 1.6 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for Atlanta-Sandy Springs-Roswell decreased 1.0 percent over the September-October pricing period, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Janet S. Rankin noted that the energy index decreased 11.6 percent and the food index declined 0.4 percent over the two months. During this time, the all items less food and energy index edged up 0.3 percent. (Data in this report are not seasonally adjusted. Accordingly, month-to-month changes may reflect the impact of seasonal influences.)

Over the last 12 months, the all items CPI-U advanced 1.6 percent. The index for all items less food and energy increased 1.6 percent and the energy index rose 2.9 percent since October 2017. The food index was unchanged over the year. (See chart 1 and table 1.)

Food

The food index declined 0.4 percent over the September-October pricing period, led by a 0.8-percent decrease in the food at home index. The food away from home index inched up 0.1 percent over the two-month pricing period.

The food index was unchanged for the year ended October 2018. The food at home index declined 1.5 percent, while the food away from home index increased 1.8 percent over the last 12 months.  

Energy

The energy index declined 11.6 percent over the September-October pricing period, led by a 33.4-percent seasonal decrease in the electricity index. During this same period, the motor fuel index declined 0.4 percent, while the utility (piped) gas service index rose 1.6 percent.

Over the year, the energy index increased 2.9 percent, fueled by a 12.1-percent increase in the motor fuel index. Since October 2017, the index for utility (piped) gas service rose 7.5 percent, while the index for electricity was down 15.9 percent.

All items less food and energy

The index for all items less food and energy edged up 0.3 percent over the September-October pricing period. Increases in the apparel (7.2 percent) and shelter (0.7 percent) indexes were partially offset by a 4.3-percent decrease in the new and used motor vehicles index.

From October 2017 to October 2018, the index for all items less food and energy advanced 1.6 percent as several indexes recorded increases, most notably shelter (3.9 percent). In contrast, the medical care index declined 3.3 percent over the year.   

Table A. Atlanta-Sandy Springs-Roswell, GA, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2014 2015 2016 2017 2018
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

1.3 1.8 0.0 -0.3 0.3 1.6 1.2 3.5 1.2 3.3

April

0.8 2.5 0.7 -0.5 1.0 1.9 0.6 3.2 0.2 2.8

June

1.5 3.0 2.5 0.6 1.3 0.7 1.3 3.2 1.2 2.8

August

-0.1 2.2 -0.1 0.6 0.5 1.2 0.8 3.5 0.3 2.2

October

-1.1 2.2 -1.2 0.5 -0.1 2.4 -0.3 3.2 -1.0 1.6

December

-1.5 0.9 -0.6 1.4 -0.4 2.6 -0.4 3.2

The Consumer Price Index for November 2018 is scheduled to be released on Wednesday, December 12, 2018.


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 Atlanta-Sandy Springs-Roswell, GA, Core Based Statistical Area covered in this release is comprised of Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Cobb, Coweta, Dawson, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Haralson, Heard, Henry, Jasper, Lamar, Meriwether, Morgan, Newton, Paulding, Pickens, Pike, Rockdale, Spalding, and Walton Counties in Georgia.

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
Atlanta-Sandy Springs-Roswell, GA (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Aug.
2018
Sep.
2018
Oct.
2018
Oct.
2017
Aug.
2018
Sep.
2018

Expenditure category

All Items

241.026 - 238.673 1.6 -1.0 -

All items (1967=100)

726.861 - 719.766 - - -

Food and beverages

254.134 - 253.268 0.0 -0.3 -

Food

264.740 - 263.605 0.0 -0.4 -

Food at home

243.935 241.761 241.909 -1.5 -0.8 0.1

Cereals and bakery products

219.964 - 217.045 - -1.3 -

Meats, poultry, fish, and eggs

276.702 - 274.814 - -0.7 -

Dairy and related products

226.711 - 228.494 - 0.8 -

Fruits and vegetables

274.736 - 277.012 - 0.8 -

Nonalcoholic beverages and beverage materials(1)

252.253 - 248.963 - -1.3 -

Other food at home

209.920 - 205.279 - -2.2 -

Food away from home

297.864 - 298.048 1.8 0.1 -

Alcoholic beverages

158.905 - 161.110 -0.2 1.4 -

Housing

245.890 - 240.860 2.4 -2.0 -

Shelter

267.880 269.222 269.816 3.9 0.7 0.2

Rent of primary residence

275.335 277.169 279.064 5.0 1.4 0.7

Owners' equiv. rent of residences(2)

261.190 262.472 264.185 3.6 1.1 0.7

Owners' equiv. rent of primary residence(2)

261.190 262.472 264.185 3.6 1.1 0.7

Fuels and utilities

327.024 - 262.624 -6.2 -19.7 -

Household energy

286.321 263.869 218.322 -8.7 -23.7 -17.3

Energy Services

284.548 261.898 216.245 -9.0 -24.0 -17.4

Electricity

260.113 230.021 173.216 -15.9 -33.4 -24.7

Utility (piped) gas service

292.864 298.344 297.585 7.5 1.6 -0.3

Household furnishings and operations

121.433 - 121.454 0.3 0.0 -

Apparel

136.233 - 145.999 3.2 7.2 -

Transportation

216.606 - 213.176 3.5 -1.6 -

Private transportation

216.647 - 212.658 3.5 -1.8 -

New and used motor vehicles(3)

106.137 - 101.623 - -4.3 -

New vehicles(1)

226.311 - 213.274 - -5.8 -

Used cars and trucks(1)

214.625 - 208.669 - -2.8 -

Motor fuel

250.329 248.677 249.246 12.1 -0.4 0.2

Gasoline (all types)

248.657 246.985 247.516 12.0 -0.5 0.2

Unleaded regular(4)

243.682 241.970 242.393 12.4 -0.5 0.2

Unleaded midgrade(4)(5)

309.892 308.226 310.779 11.4 0.3 0.8

Unleaded premium(4)

268.243 267.057 268.113 9.4 0.0 0.4

Motor vehicle insurance(1)

1,156.075 - 1,177.118 - 1.8 -

Medical Care

434.789 - 437.850 -3.3 0.7 -

Recreation(3)

84.229 - 83.810 -2.3 -0.5 -

Education and communication(3)

134.531 - 134.226 0.9 -0.2 -

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

1,422.307 - 1,422.307 - 0.0 -

Other goods and services

383.045 - 384.280 2.2 0.3 -

Commodity and service group

All Items

241.026 - 238.673 1.6 -1.0 -

Commodities

181.414 - 180.387 1.1 -0.6 -

Commodities less food & beverages

148.015 - 147.008 1.4 -0.7 -

Nondurables less food & beverages

190.321 - 193.469 6.0 1.7 -

Durables

107.849 - 104.265 -1.8 -3.3 -

Services

296.935 - 293.301 1.8 -1.2 -

Special aggregate indexes

All items less medical care

230.395 - 227.843 2.0 -1.1 -

All items less shelter

233.839 - 229.616 0.4 -1.8 -

Commodities less food

148.192 - 147.257 1.4 -0.6 -

Nondurables

218.446 - 219.927 3.2 0.7 -

Nondurables less food

187.066 - 190.138 5.8 1.6 -

Services less rent of shelter(2)

345.674 - 334.070 -0.7 -3.4 -

Services less medical care services

281.702 - 277.752 2.6 -1.4 -

Energy

244.593 234.578 216.261 2.9 -11.6 -7.8

All items less energy

240.379 - 240.811 1.4 0.2 -

All items less food and energy

236.964 - 237.613 1.6 0.3 -

Footnotes
(1) Index is on a December 1977=100 base.
(2) Index is on a December 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: Wednesday, November 14, 2018