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15-1406-ATL
Friday, July 17, 2015

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Consumer Price Index, Atlanta – June 2015

Area prices up 2.5 percent over the two months and 0.6 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for Atlanta was up 2.5 percent over the May-June pricing period, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Janet S. Rankin noted that the energy index was up 22.7 percent over the two months. The all items less food and energy index increased 0.7 percent and the food index inched up 0.1 percent during the May-June pricing period. (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 CPI-U increased 0.6 percent. Annual increases were registered in a number of categories, notably shelter, medical care, and other goods and services. The index for all items less food and energy advanced 2.2 percent over the year. (See chart 1 and table 1.)

 Chart 1. 12-month percent change in CPI for All Urban Consumers (CPI-U), Atlanta, June 2012–June 2015

Food

Food prices inched up 0.1 percent during the May-June pricing period. Prices for food away from home edged up 0.2 percent and food at home prices were unchanged over the two months.

Over the year, the food index rose 3.1 percent, reflecting price increases for both food away from home (5.5 percent) and food at home (1.5 percent).

Energy

The energy index rose 22.7 percent over the two-month pricing period, reflecting a seasonal price increase for electricity (32.2 percent). Prices also advanced over the month for motor fuel (22.0 percent) and utility (piped) gas service (1.2 percent).

Over the year, the energy index declined 12.2 percent. Within the energy group, prices for motor fuel decreased 21.3 percent and utility (piped) gas service prices declined 11.0 percent. Since June 2014, prices for electricity rose 1.6 percent.

All items less food and energy

The index for all items less food and energy increased 0.7 percent during the May-June pricing period, reflecting higher prices for shelter (0.9 percent).

From June 2014 to June 2015, the index for all items less food and energy advanced 2.2 percent, reflecting higher prices for shelter (4.0 percent), medical care (3.9 percent), and other goods and services (6.3 percent).

Table A. Atlanta metropolitan area CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month

 
2010 2011 2012 2013 2014 2015
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

1.1 1.7 1.6 1.5 1.0 2.4 1.9 2.1 1.3 1.8 0.0 -0.3

April

0.7 2.4 1.7 2.5 1.1 1.8 0.1 1.1 0.8 2.5 0.7 -0.5

June

0.3 0.6 0.9 3.1 0.6 1.5 1.0 1.4 1.5 3.0 2.5 0.6

August

-0.1 0.6 0.6 3.8 0.6 1.5 0.7 1.5 -0.1 2.2 - -

October

-0.8 0.9 -1.5 3.1 -1.2 1.8 -1.0 1.6 -1.1 2.2 - -

December

-0.2 1.0 -0.3 3.0 -0.9 1.2 -0.2 2.4 -1.5 0.9 - -

The Consumer Price Index for July 2015 is scheduled to be released on Wednesday, August 19, 2015.


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 89 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 28 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 87 urban areas across the country from about 6,000 housing units and approximately 24,000 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/homch17_a.htm.

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, Ga. metropolitan area covered in this release is comprised of Barrow, Bartow, Carroll, Cherokee, Clayton, Cobb, Coweta, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, Newton, Paulding, Pickens, 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, GA (1982-84=100 unless otherwise noted)
Item and Group

 
Indexes
 
Percent change from-
Apr.
2015
May
2015
Jun.
2015
Jun.
2014
Apr.
2015
May
2015

Expenditure category

 
 

All Items

219.567 - 225.152 0.6 2.5 -

All items (1967=100)

662.148 - 678.989 - - -

Food and beverages

250.800 - 250.635 2.8 -0.1 -

Food

261.919 - 262.054 3.1 0.1 -

Food at home

252.732 253.841 252.692 1.5 0.0 -0.5

Food away from home

277.454 - 277.890 5.5 0.2 -

Alcoholic beverages

151.564 - 148.775 -1.2 -1.8 -

Housing

214.410 - 220.778 2.6 3.0 -

Shelter

230.673 231.729 232.726 4.0 0.9 0.4

Rent of primary residence (1)

232.801 233.323 234.220 4.9 0.6 0.4

Owners' equiv. rent of residences (1) (2)

225.562 226.820 228.015 3.9 1.1 0.5

Owners' equiv. rent of primary residence (1) (2)

225.562 226.820 228.015 3.9 1.1 0.5

Fuels and utilities

274.405 - 321.766 -1.1 17.3 -

Household energy

233.110 239.829 287.579 -1.7 23.4 19.9

Energy Services (1)

231.906 238.590 286.942 -1.5 23.7 20.3

Electricity (1)

206.921 215.312 273.452 1.6 32.2 27.0

Utility (piped) gas service (1)

248.339 247.716 251.390 -11.0 1.2 1.5

Household furnishings and operations

126.944 - 126.237 -1.6 -0.6 -

Apparel

130.852 - 134.595 1.5 2.9 -

Transportation

189.269 - 200.453 -8.3 5.9 -

Private transportation

188.804 - 200.414 -8.2 6.1 -

Motor fuel

206.699 234.871 252.170 -21.3 22.0 7.4

Gasoline (all types)

205.178 233.302 250.588 -21.3 22.1 7.4

Unleaded regular (3)

202.008 230.130 247.450 -21.5 22.5 7.5

Unleaded midgrade (3) (4)

249.464 282.224 302.726 -21.0 21.4 7.3

Unleaded premium (3)

213.820 239.413 254.737 -19.9 19.1 6.4

Medical Care

408.742 - 410.556 3.9 0.4 -

Recreation (5)

87.205 - 87.296 0.8 0.1 -

Education and communication (5)

132.900 - 132.906 -0.5 0.0 -

Other goods and services

341.126 - 362.413 6.3 6.2 -
 

Commodity and service group

 
 

All Items

219.567 - 225.152 0.6 2.5 -

Commodities

176.408 - 181.628 -2.9 3.0 -

Commodities less food & beverages

142.792 - 149.674 -6.0 4.8 -

Nondurables less food & beverages

172.469 - 187.500 -8.4 8.7 -

Durables

112.053 - 111.483 -2.2 -0.5 -

Services

261.213 - 267.278 2.6 2.3 -
 

Special aggregate indexes

 
 

All items less medical care

209.402 - 215.079 0.3 2.7 -

All items less shelter

219.507 - 227.014 -1.1 3.4 -

Commodities less food

142.776 - 149.308 -5.9 4.6 -

Nondurables

206.837 - 215.496 -3.2 4.2 -

Nondurables less food

169.762 - 183.447 -8.1 8.1 -

Services less rent of shelter (2)

311.955 - 323.894 1.0 3.8 -

Services less medical care services

245.242 - 251.453 2.6 2.5 -

Energy

199.703 215.874 245.040 -12.2 22.7 13.5

All items less energy

221.435 - 222.758 2.3 0.6 -

All items less food and energy

215.577 - 217.050 2.2 0.7 -

Footnotes
(1) This index series was calculated using a Laspeyres estimator. All other item stratum index series were calculated using a geometric means estimator.
(2) Index is on a December 1982=100 base.
(3) Special index based on a substantially smaller sample.
(4) Indexes on a December 1993=100 base.
(5) Indexes on a December 1997=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: Friday, July 17, 2015