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News Release Information

22-1323-ATL
Thursday, November 10, 2022

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

Consumer Price Index, South Region — October 2022

Prices in the South up 0.4 percent over the month and 8.1 percent over the past year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South increased 0.4 percent in October, the U.S. Bureau of Labor Statistics reported today. The index for all items less food and energy also rose 0.4 percent over the month. The food index increased 0.8 percent in October, while the energy index edged up 0.2 percent. (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 advanced 8.1 percent for the 12 months ending in October, after increasing 8.7-percent over the 12-month period ending in September. The index for all items less food and energy rose 7.1 percent over the past year. The food index and the energy index also increased over the last 12 months, up 11.1 percent and 13.6 percent, respectively. (See chart 1 and table 1.)


Food

The food index rose 0.8 percent in October, led by a 0.8-percent increase in the food at home index. Several major grocery store food groups increased over the month, including other food at home (+0.9 percent) and fruits and vegetables (+1.4 percent). The food away from home index also increased in October, up 0.7 percent.

The food index advanced 11.1 percent for the 12 months ending in October. The food at home index rose 12.7 percent over the past year as all six major grocery store food group indexes increased. The food away from home index rose 8.4 percent over the past year.

Energy

The energy index edged up 0.2 percent in October, reflecting a 0.8-percent increase in the gasoline index. In contrast, the electricity and natural gas indexes declined over the month, down 0.8 percent and 0.2 percent, respectively.

The energy index rose 13.6 percent for the 12 months ending in October, led by increases in the electricity (+16.9 percent) and gasoline (+9.0 percent) indexes. The index for natural gas also increased over the last 12 months, up 23.3 percent.

All items less food and energy

The index for all items less food and energy rose 0.4 percent in October, primarily reflecting a 0.8-percent increase in the shelter index. Within shelter, owners’ equivalent rent rose 0.8 percent over the month and rent of primary residence rose 1.0 percent. In contrast, the used cars and trucks index declined 2.4 percent in October.

The index for all items less food and energy advanced 7.1 percent for the 12 months ending in October, after increasing 7.4 percent over the 12-month period ending in September. Several components contributed to the 12-month increase, most notably, shelter (+8.7 percent). Within shelter, owner’s equivalent rent increased 8.6 percent over the past year and rent of primary residence rose 10.2 percent.

Geographic divisions

Additional price indexes are now available for the three divisions of the South. In October, the all items index rose 0.5 percent in the South Atlantic division, 0.3 percent in the East South Central division, and 0.2 percent in the West South Central division.

Over the year, the all items index advanced 8.4 percent in the West South Central division and 8.3 percent in the South Atlantic division. The all items index increased 6.8 percent in the East South Central division.

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2018 2019 2020 2021 2022
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.5 1.8 0.2 1.2 0.3 2.3 0.5 1.6 0.9 7.8

February

0.6 2.1 0.5 1.1 0.2 1.9 0.5 2.0 1.1 8.4

March

0.2 2.3 0.7 1.6 -0.1 1.1 0.8 2.9 1.4 9.1

April

0.4 2.4 0.5 1.8 -0.8 -0.2 0.7 4.4 0.5 8.8

May

0.3 2.7 -0.1 1.4 -0.2 -0.4 0.8 5.6 1.2 9.2

June

0.2 2.7 -0.1 1.1 0.6 0.3 0.9 5.8 1.5 9.8

July

0.0 2.9 0.3 1.4 0.6 0.6 0.5 5.8 0.1 9.4

August

-0.1 2.4 -0.1 1.4 0.4 1.1 0.3 5.6 -0.2 8.9

September

0.0 1.7 0.0 1.3 0.2 1.3 0.3 5.8 0.2 8.7

October

0.2 2.1 0.2 1.3 0.1 1.3 1.0 6.6 0.4 8.1

November

-0.3 1.9 0.0 1.6 -0.1 1.2 0.4 7.2

December

-0.5 1.5 0.0 2.1 0.2 1.4 0.3 7.4

The Consumer Price Index for November 2022 is scheduled to be released on Tuesday, December 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 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, 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 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; Telecommunications Relay Service: 7-1-1.

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-
Aug.
2022
Sep.
2022
Oct.
2022
Oct.
2021
Aug.
2022
Sep.
2022

Expenditure category

All Items

287.168 287.656 288.836 8.1 0.6 0.4

All items (December 1977=100)

465.826 466.619 468.533 - - -

Food and beverages

303.117 305.543 307.885 10.7 1.6 0.8

Food

306.513 309.105 311.524 11.1 1.6 0.8

Food at home

291.673 294.198 296.644 12.7 1.7 0.8

Cereal and bakery products

343.055 349.113 348.943 15.9 1.7 0.0

Meats, poultry, fish, and eggs

312.723 312.602 314.999 7.6 0.7 0.8

Dairy and related products

268.769 270.267 270.634 16.7 0.7 0.1

Fruits and vegetables

321.770 327.368 331.867 9.3 3.1 1.4

Nonalcoholic beverages and beverage materials

203.203 204.004 207.179 14.6 2.0 1.6

Other food at home

258.525 261.125 263.482 16.1 1.9 0.9

Food away from home

330.085 332.769 335.110 8.4 1.5 0.7

Alcoholic beverages

255.928 256.052 257.323 4.0 0.5 0.5

Housing

282.986 285.527 287.255 9.5 1.5 0.6

Shelter

323.346 326.358 328.859 8.7 1.7 0.8

Rent of primary residence

342.960 346.963 350.275 10.2 2.1 1.0

Owners' equiv. rent of residences(1)

324.693 328.026 330.657 8.6 1.8 0.8

Owners' equiv. rent of primary residence(1)

324.694 328.026 330.655 8.6 1.8 0.8

Fuels and utilities

297.285 298.740 297.757 14.6 0.2 -0.3

Household energy

247.703 248.888 247.374 18.0 -0.1 -0.6

Energy services

247.272 248.485 246.776 17.9 -0.2 -0.7

Electricity

238.801 239.843 237.971 16.9 -0.3 -0.8

Utility (piped) gas service

283.099 285.328 284.825 23.3 0.6 -0.2

Household furnishings and operations

144.650 146.275 147.092 9.8 1.7 0.6

Apparel

135.296 139.289 139.069 5.4 2.8 -0.2

Transportation

271.261 265.348 266.021 9.5 -1.9 0.3

Private transportation

273.305 266.854 267.237 8.8 -2.2 0.1

New and used motor vehicles(2)

134.874 132.058 130.888 5.8 -3.0 -0.9

New vehicles

182.825 183.582 184.452 9.3 0.9 0.5

New cars and trucks(2)(3)

- - - - - -

New cars(3)

182.572 183.490 183.754 10.2 0.6 0.1

Used cars and trucks

213.629 204.436 199.567 1.5 -6.6 -2.4

Motor fuel

319.583 295.417 298.069 9.7 -6.7 0.9

Gasoline (all types)

316.509 292.146 294.628 9.0 -6.9 0.8

Unleaded regular(3)

309.640 285.463 288.047 8.9 -7.0 0.9

Unleaded midgrade(3)(4)

351.711 326.336 327.675 9.6 -6.8 0.4

Unleaded premium(3)

339.920 316.790 318.166 9.4 -6.4 0.4

Medical care

524.413 526.044 524.379 4.5 0.0 -0.3

Medical care commodities

367.381 368.203 368.319 3.8 0.3 0.0

Medical care services

577.602 579.512 577.223 4.6 -0.1 -0.4

Professional services

393.397 393.719 394.829 2.4 0.4 0.3

Recreation(2)

131.551 131.706 132.171 3.5 0.5 0.4

Education and communication(2)

138.494 138.724 138.796 -0.5 0.2 0.1

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

1,426.584 1,435.473 1,438.622 3.0 0.8 0.2

Other goods and services

489.069 490.976 492.794 7.1 0.8 0.4

Commodity and service group

All Items

287.168 287.656 288.836 8.1 0.6 0.4

Commodities

221.977 220.461 220.976 7.9 -0.5 0.2

Commodities less food and beverages

183.600 180.881 180.774 6.4 -1.5 -0.1

Nondurables less food and beverages

236.331 231.697 232.992 8.3 -1.4 0.6

Nondurables less food, beverages, and apparel

296.538 287.411 289.515 9.1 -2.4 0.7

Durables

133.931 132.538 131.715 4.8 -1.7 -0.6

Services

352.313 354.916 356.783 8.3 1.3 0.5

Rent of shelter(1)

332.744 335.914 338.502 8.8 1.7 0.8

Transportation services

410.197 416.857 423.338 16.5 3.2 1.6

Other services

374.222 374.447 375.427 2.0 0.3 0.3

Special aggregate indexes

All items less medical care

274.094 274.523 275.842 8.5 0.6 0.5

All items less food

283.965 284.157 285.161 7.7 0.4 0.4

All items less shelter

274.268 273.764 274.428 7.8 0.1 0.2

Commodities less food

185.994 183.324 183.246 6.3 -1.5 0.0

Nondurables

267.901 266.562 268.349 9.6 0.2 0.7

Nondurables less food

237.094 232.730 234.022 8.1 -1.3 0.6

Nondurables less food and apparel

291.539 283.226 285.250 8.7 -2.2 0.7

Services less rent of shelter(1)

388.044 390.004 391.011 7.7 0.8 0.3

Services less medical care services

331.941 334.577 336.753 8.8 1.4 0.7

Energy

275.588 265.148 265.570 13.6 -3.6 0.2

All items less energy

289.989 291.577 292.840 7.6 1.0 0.4

All items less food and energy

287.715 289.147 290.228 7.1 0.9 0.4

Commodities less food and energy commodities

170.451 170.180 169.777 5.6 -0.4 -0.2

Energy commodities

325.021 300.948 303.767 10.0 -6.5 0.9

Services less energy services

363.483 366.233 368.475 7.6 1.4 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.

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

 

Last Modified Date: Thursday, November 10, 2022