For release: Friday, September 17, 2010 PLS - 4709
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Consumer Price Index, South Region–August 2010 (PDF)

Prices in the South up 0.2 percent over the month and 1.1 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South edged up 0.2 percent in August, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Sheila Watkins attributed the monthly increase to advances in the indexes for food (0.2 percent), energy (0.3 percent), and all items less food and energy (0.1 percent). Within this last group, education and communication and apparel were among those indexes that recorded increases. (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 rose 1.1 percent. The index for all items less food and energy advanced 1.0 percent over the year. (See chart 1.)

Chart 1. 12-month percent change in CPI for All Urban Consumers (CPI-U), South region, August 2007 - August 2010

 12-month percent change in CPI for All Urban Consumers (CPI-U), South region, August 2007-August 2010

 

Food

Food prices edged up 0.2 percent in August following a 0.2-percent decline in the previous month. Within the food index, prices for food at home rose 0.2 percent and those for food away from home increased 0.1 percent.

Over the year, the index for food increased 0.9 percent as prices for food away from home and food at home advanced, up 1.1 percent and 0.7 percent, respectively.

Energy

The energy index rose 0.3 percent in August after falling 0.3 percent in July. Within the energy index, prices for motor fuel and electricity increased 0.5 percent and 0.3 percent, respectively. Moderating the advance in the overall energy index were lower prices for utility (piped) gas service, down 1.4 percent in August.

Over the year, the energy index rose 2.7 percent as higher prices for motor fuel (4.6 percent) and utility (piped) gas service (5.9 percent) more than offset lower electricity prices (-0.5 percent).

All items less food and energy

The index for all items less food and energy inched up 0.1 percent in August. Among the components of the index, education and communication increased 0.8 percent and apparel prices recorded an advance of 1.2 percent over the month.  

Over the year, the index for all items less food and energy increased 1.0 percent. Higher costs for used cars and trucks (15.0 percent) and medical care (3.0 percent) contributed to the increase.

The Consumer Price Index for September 2010 is scheduled to be released on Friday, October 15, 2010 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 87 percent of the total population and (2) a CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers 32 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 4,000 housing units and approximately 25,000 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 the 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 and the BLS Handbook of Methods, Chapter 17, The Consumer Price Index, available 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 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; TDD message referral phone number: (800) 877-8339.

For personal assistance or further information on Consumer Price Indexes, as well as other Bureau products, contact the Southeast Information Office at (404) 893-4222 from 9:00 a.m. to 12:00 p.m. and 1:00 p.m. to 4:00 p.m. ET.
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-
Jun.
2010
Jul.
2010
Aug.
2010
Aug.
2009
Jun.
2010
Jul.
2010

Expenditure category

 
 

All Items

211.232 210.988 211.308 1.1 0.0 0.2

All items (December 1977=100)

342.648 342.251 342.771      

Food and beverages

217.730 217.387 217.776 0.9 0.0 0.2

Food

218.313 217.865 218.246 0.9 0.0 0.2

Food at home

212.481 212.260 212.765 0.7 0.1 0.2

Food away from home

229.044 228.274 228.487 1.1 -0.2 0.1

Alcoholic beverages

208.558 209.621 210.114 1.2 0.7 0.2

Housing

201.647 201.755 201.567 -0.5 0.0 -0.1

Shelter

222.625 222.720 222.398 -0.5 -0.1 -0.1

Rent of primary residence (1)

223.286 223.286 222.334 -0.8 -0.4 -0.4

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

226.006 226.142 226.324 -0.1 0.1 0.1

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

226.012 226.147 226.327 -0.1 0.1 0.1

Fuels and utilities

218.881 219.625 220.029 1.4 0.5 0.2

Household energy

188.216 188.930 189.099 0.7 0.5 0.1

Gas (piped) and electricity (1)

189.062 189.900 190.042 0.4 0.5 0.1

Electricity (1)

185.581 185.577 186.155 -0.5 0.3 0.3

Utility (piped) gas service (1)

196.203 202.843 199.934 5.9 1.9 -1.4

Household furnishings and operations

126.277 125.997 125.886 -2.5 -0.3 -0.1

Apparel

128.089 124.970 126.424 -1.2 -1.3 1.2

Transportation

189.429 189.385 189.920 5.3 0.3 0.3

Private transportation

187.329 187.283 187.979 5.3 0.3 0.4

New and used motor vehicles (3)

97.464 97.658 97.953 5.5 0.5 0.3

New vehicles

142.282 141.725 141.552 2.4 -0.5 -0.1

New cars and trucks (3) (4)

96.802 96.427 96.321 2.4 -0.5 -0.1

New cars (3)

145.620 144.850 144.629 2.2 -0.7 -0.2

Used cars and trucks

142.957 144.743 146.183 15.0 2.3 1.0

Motor fuel

230.143 228.265 229.424 4.6 -0.3 0.5

Gasoline (all types)

229.198 227.398 228.570 4.3 -0.3 0.5

Unleaded regular (4)

227.790 225.896 226.988 4.2 -0.4 0.5

Unleaded midgrade (4) (5)

239.656 238.191 239.602 4.3 0.0 0.6

Unleaded premium (4)

228.910 227.256 228.663 4.5 -0.1 0.6

Medical Care

370.335 367.594 368.139 3.0 -0.6 0.1

Medical care commodities

300.456 298.122 298.778 2.0 -0.6 0.2

Medical care services

393.410 390.548 391.029 3.4 -0.6 0.1

Professional services

327.107 327.625 328.155 3.5 0.3 0.2

Recreation (3)

113.657 113.370 113.513 -1.9 -0.1 0.1

Education and communication (3)

125.150 125.465 126.476 2.3 1.1 0.8

Other goods and services

372.865 375.887 376.423 2.5 1.0 0.1
 

Commodity and Service Group

 
 

All Items

211.232 210.988 211.308 1.1 0.0 0.2

Commodities

174.866 174.178 174.649 1.5 -0.1 0.3

Commodities less food and beverages

153.032 152.217 152.712 1.8 -0.2 0.3

Nondurables less food and beverages

194.453 192.774 193.639 1.4 -0.4 0.4

Nondurables less food, beverages, and apparel

235.540 234.622 235.180 2.2 -0.2 0.2

Durables

114.277 114.268 114.417 2.4 0.1 0.1

Services

248.422 248.608 248.784 0.8 0.1 0.1

Rent of shelter (2)

228.852 228.943 228.597 -0.6 -0.1 -0.2

Transportation services

267.564 268.810 269.025 4.8 0.5 0.1

Other services

297.963 298.554 300.439 1.6 0.8 0.6
 

Special aggregate indexes:

 
 

All items less medical care

202.177 202.035 202.343 1.0 0.1 0.2

All items less food

209.941 209.729 210.040 1.1 0.0 0.1

All items less shelter

208.003 207.613 208.208 1.9 0.1 0.3

Commodities less food

154.875 154.112 154.607 1.8 -0.2 0.3

Nondurables

205.922 204.857 205.504 1.2 -0.2 0.3

Nondurables less food

195.079 193.557 194.400 1.4 -0.3 0.4

Nondurables less food and apparel

232.149 231.406 231.955 2.2 -0.1 0.2

Services less rent of shelter (2)

280.759 281.077 281.952 2.4 0.4 0.3

Services less medical care services

234.870 235.223 235.378 0.6 0.2 0.1

Energy

202.259 201.718 202.353 2.7 0.0 0.3

All items less energy

212.889 212.677 212.963 0.9 0.0 0.1

All items less food and energy

212.323 212.153 212.422 1.0 0.0 0.1

Commodities less food and energy commodities

145.982 145.391 145.789 1.1 -0.1 0.3

Energy commodities

233.521 231.555 232.738 4.8 -0.3 0.5

Services less energy services

254.485 254.601 254.781 0.9 0.1 0.1

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) Indexes on a December 1997=100 base.
(4) Special index based on a substantially smaller sample.
(5) Indexes on a December 1993=100 base.

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

 

Last Modified Date: September 21, 2010