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News Release Information

24-45-ATL
Thursday, January 11, 2024

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

Consumer Price Index, Atlanta-Sandy Springs-Roswell — December 2023

Area prices up 3.6 percent over the past 12 months

The Consumer Price Index for All Urban Consumers (CPI-U) for Atlanta-Sandy Springs-Roswell declined 0.1 percent from October to December, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Victoria G. Lee noted that the bi-monthly decrease in the all items index was influenced by declines in several indexes, including apparel, gasoline, and food at home. (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 3.6 percent for the 12 months ending in December. (See chart 1 and table A.) The index for all items less food and energy rose 3.3 percent over the past year. The food index and the energy index all increased over the last 12 months, up 3.6 percent and 6.0 percent, respectively. (See table 1.)


Food

The food index declined 0.4 percent from October to December, reflecting a 0.8-percent fall in the food at home index. Four of the six major grocery store food group indexes declined over the bi-monthly period, led by a 1.8-percent decline in the index for other food at home. In contrast, the index for fruits and vegetables rose 2.0 percent over the two-month pricing period.

The food index advanced 3.6 percent for the 12 months ending in December, led by an 8.5-percent increase in the food away from home index. The food at home index also increased over the past year, up 0.7 percent. Five of the six major grocery store food group indexes increased over the last 12 months, including the index for meats, poultry, fish, and eggs (+2.1 percent). In contrast, the index for dairy and related products declined 4.8 percent over the past year.

Energy

The energy index fell 0.4 percent from October to December, reflecting declines in the gasoline (-2.3 percent) and electricity (-2.4 percent) indexes. The natural gas index increased 12.8 percent over the bi-monthly period.

The energy index advanced 6.0 percent for the 12 months ending in December. The indexes for electricity and gasoline increased over the past year, up 13.5 percent and 6.8 percent, respectively, while the index for natural gas declined over the last 12 months.  

All items less food and energy

The index for all items less food and energy declined 0.1 percent from October to December, led by a 5.3-percent decrease in the apparel index. The index for new vehicles (-0.7 percent) was also among the indexes to decline over the bi-monthly period.

The shelter index rose 0.2 percent from October to December, reflecting a 0.7-percent increase in the index for owners' equivalent rent; the index for rent of primary residence was unchanged over the bi-monthly period. Other indexes with notable increases over the bi-monthly period include recreation (+0.9 percent) and household furnishings and operations (+0.7 percent).

The index for all items less food and energy advanced 3.3 percent for the 12 months ending in December. Shelter (+5.7 percent) was the largest contributor as owners’ equivalent rent (+6.3 percent) and rent of primary residence (+7.1 percent) continued to increase over the past year.

Table A. Atlanta-Sandy Springs-Roswell, GA, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2019 2020 2021 2022 2023
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

1.2 1.3 0.8 2.9 1.6 2.4 2.3 10.6 1.5 7.2

April

1.4 2.5 -1.8 -0.3 1.6 6.0 1.9 10.8 0.5 5.8

June

-0.1 1.1 1.1 0.9 1.8 6.7 2.4 11.5 1.2 4.6

August

1.3 2.2 1.2 0.7 1.1 6.6 1.3 11.7 1.1 4.4

October

-0.2 3.0 0.3 1.2 1.5 7.9 0.5 10.7 -0.6 3.2

December

-0.3 3.3 0.1 1.6 1.9 9.8 -0.5 8.1 -0.1 3.6

The Atlanta-Sandy Springs-Roswell Consumer Price Index for February 2024 is scheduled to be released on Tuesday, March 12, 2024, at 8:30 a.m. (ET).


Technical Note

The Consumer Price Index for Atlanta is published bi-monthly. 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 U.S. population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 29 percent of the total U.S. 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, 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 Atlanta-Sandy Springs-Roswell, GA Core Based Statistical Area 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 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
Atlanta-Sandy Springs-Roswell, GA (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Oct.
2023
Nov.
2023
Dec.
2023
Dec.
2022
Oct.
2023
Nov.
2023

Expenditure category

All Items

306.435 - 305.978 3.6 -0.1 -

All items (1967=100)

924.115 - 922.737 - - -

Food and beverages

322.711 - 321.379 3.4 -0.4 -

Food

340.665 - 339.289 3.6 -0.4 -

Food at home

310.651 305.556 308.096 0.7 -0.8 0.8

Cereals and bakery products

266.271 265.123 260.456 1.0 -2.2 -1.8

Meats, poultry, fish, and eggs

365.193 364.542 362.110 2.1 -0.8 -0.7

Dairy and related products

279.253 275.901 269.679 -4.8 -3.4 -2.3

Fruits and vegetables

334.340 331.787 341.029 1.1 2.0 2.8

Nonalcoholic beverages and beverage materials(1)

333.331 334.682 334.377 0.2 0.3 -0.1

Other food at home

271.065 258.241 266.215 1.3 -1.8 3.1

Food away from home

391.565 - 392.601 8.5 0.3 -

Alcoholic beverages

166.931 - 165.994 0.3 -0.6 -

Housing

328.909 - 330.023 4.8 0.3 -

Shelter

373.739 374.055 374.496 5.7 0.2 0.1

Rent of primary residence

401.118 401.472 401.148 7.1 0.0 -0.1

Owners' equiv. rent of residences(2)

367.876 368.915 370.276 6.3 0.7 0.4

Owners' equiv. rent of primary residence(2)

367.876 368.915 370.276 6.3 0.7 0.4

Fuels and utilities

367.094 - 370.985 5.7 1.1 -

Household energy

307.994 309.663 312.276 5.8 1.4 0.8

Energy Services

306.324 308.000 310.742 6.3 1.4 0.9

Electricity

260.683 258.688 254.466 13.5 -2.4 -1.6

Utility (piped) gas service

362.841 378.958 409.284 - 12.8 8.0

Household furnishings and operations

144.593 - 145.606 -3.4 0.7 -

Apparel

160.549 - 151.983 -1.4 -5.3 -

Transportation

273.682 - 271.262 3.4 -0.9 -

Private transportation

276.142 - 274.197 4.1 -0.7 -

New and used motor vehicles(3)

137.266 - 136.703 -0.2 -0.4 -

New vehicles(1)

306.075 - 304.024 0.7 -0.7 -

Used cars and trucks(1)

273.655 - 275.517 -2.3 0.7 -

Motor fuel

277.400 257.376 271.028 6.1 -2.3 5.3

Gasoline (all types)

275.046 254.878 268.749 6.8 -2.3 5.4

Unleaded regular(4)

268.408 248.018 261.897 6.7 -2.4 5.6

Unleaded midgrade(4)(5)

353.178 331.441 347.582 7.3 -1.6 4.9

Unleaded premium(4)

306.267 289.758 302.273 7.7 -1.3 4.3

Medical Care

- - - - - -

Recreation(3)

99.056 - 99.954 3.4 0.9 -

Education and communication(3)

141.394 - 141.112 1.1 -0.2 -

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

1,540.960 - 1,540.963 2.3 0.0 -

Other goods and services

498.389 - 496.076 5.8 -0.5 -

Commodity and service group

All Items

306.435 - 305.978 3.6 -0.1 -

Commodities

221.695 - 219.553 1.1 -1.0 -

Commodities less food & beverages

175.617 - 173.238 -0.6 -1.4 -

Nondurables less food & beverages

224.919 - 220.072 2.7 -2.2 -

Durables

129.584 - 128.817 -3.4 -0.6 -

Services

386.537 - 387.847 5.1 0.3 -

Special aggregate indexes

All items less medical care

294.646 - 294.128 3.9 -0.2 -

All items less shelter

283.302 - 282.314 2.4 -0.3 -

Commodities less food

174.927 - 172.610 -0.5 -1.3 -

Nondurables

268.530 - 265.502 3.1 -1.1 -

Nondurables less food

218.951 - 214.492 2.5 -2.0 -

Services less rent of shelter(2)

412.921 - 415.055 4.1 0.5 -

Services less medical care services

371.237 - 372.471 5.6 0.3 -

Energy

267.624 259.026 266.570 6.0 -0.4 2.9

All items less energy

310.015 - 309.609 3.4 -0.1 -

All items less food and energy

305.425 - 305.180 3.3 -0.1 -

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: Thursday, January 11, 2024