For release: Friday, July 15, 2011 PLS-4802

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Consumer Price Index, South Region – June 2011 (PDF)

Prices in the South down 0.2 percent over the month; up 3.8 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South edged down 0.2 percent in June, the U.S. Bureau of Labor Statistics reported today. Sheila Watkins, the Bureau’s regional commissioner, noted that prices for energy declined, while those for all items less food and energy inched up over the month. Food prices were unchanged since May. Within the all items less food and energy group, shelter and used cars and trucks 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 advanced 3.8 percent. The index for all items less food and energy rose 1.7 percent over the year. (See chart 1.)

Chart 1. 12-month percent change in CPI for All Urban Consumers (CPI-U), South region, March 2008-March 2011

Food

Food prices were unchanged in June. Over the month, higher prices for food away from home (0.2 percent) were offset by lower prices for food at home (-0.1 percent).

Over the year, the index for food advanced 3.8 percent as prices for food at home and food away from home increased 5.3 and 1.9 percent, respectively.

Energy

Energy prices declined 2.4 percent in June, led by a 6.5-percent decrease in motor fuel prices. Partially offsetting this decline, prices for electricity recorded a seasonal advance of 5.7 percent and those for utility (piped) gas service rose 0.5 percent over the month.

Over the year, the energy index advanced 20.5 percent, dominated by a 36.1-percent jump in motor fuel prices. Electricity prices rose 2.2 percent during the same period, while prices for utility (piped) gas service declined 2.9 percent.

All items less food and energy

The index for all items less food and energy inched up 0.1 percent in June. Among the components of the index, prices for shelter edged up 0.2 percent and those for used cars and trucks increased 2.1 percent over the month. During this period, price declines were noted for apparel (-1.9 percent) and recreation (-0.2 percent).

Over the year, the index for all items less food and energy increased 1.7 percent, reflecting higher prices for shelter (1.3 percent), new and used motor vehicles (3.8 percent), and medical care (2.6 percent).

The Consumer Price Index for July 2011 is scheduled to be released on Thursday, August 18, 2011 at 8:30 a.m. (ET).

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2006 2007 2008 2009 2010 2011
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.7 4.3 0.1 1.8 0.5 4.9 0.4 -0.1 0.3 2.8 0.5 1.7

February

0.2 3.8 0.5 2.2 0.3 4.6 0.5 0.1 0.0 2.3 0.5 2.2

March

0.5 3.7 1.0 2.6 0.8 4.4 0.3 -0.3 0.6 2.5 1.2 2.8

April

1.0 4.0 0.9 2.5 0.7 4.2 0.3 -0.7 0.1 2.4 0.7 3.4

May

0.4 4.4 0.6 2.7 0.9 4.6 0.3 -1.3 0.0 2.0 0.5 4.0

June

0.4 4.5 0.4 2.7 1.1 5.3 1.0 -1.4 -0.1 0.9 -0.2 3.8

July

0.4 4.5 -0.1 2.3 0.5 5.8 -0.3 -2.1 -0.1 1.0 - -

August

0.1 4.1 -0.3 2.0 -0.4 5.6 0.1 -1.6 0.2 1.1 - -

September

-0.7 2.0 0.3 3.0 0.1 5.4 0.0 -1.8 0.2 1.4 - -

October

-0.6 1.1 0.2 3.8 -1.2 3.9 0.2 -0.4 0.1 1.3 - -

November

-0.2 1.9 0.6 4.7 -2.2 1.0 0.2 2.0 0.0 1.1 - -

December

0.3 2.5 0.0 4.4 -1.0 0.0 -0.1 2.9 0.2 1.4 - -

 

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 26,000 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 Mid-Atlantic Information Office at (215) 597-3282 from 8:30 a.m. to 12:00 p.m. and 1:00 p.m. to 3:30 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-
Apr.
2011
May
2011
Jun.
2011
Jun.
2010
Apr.
2011
May
2011

Expenditure category

 
 

All Items

218.820 219.820 219.318 3.8 0.2 -0.2

All items (December 1977=100)

354.956 356.579 355.764      

Food and beverages

224.691 225.664 225.732 3.7 0.5 0.0

Food

225.523 226.560 226.606 3.8 0.5 0.0

Food at home

222.313 223.933 223.662 5.3 0.6 -0.1

Food away from home

232.685 232.924 233.411 1.9 0.3 0.2

Alcoholic beverages

212.153 212.266 212.635 2.0 0.2 0.2

Housing

202.368 202.771 204.151 1.2 0.9 0.7

Shelter

224.805 224.907 225.444 1.3 0.3 0.2

Rent of primary residence (1)

225.193 225.387 225.675 1.1 0.2 0.1

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

228.512 228.554 228.994 1.3 0.2 0.2

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

228.505 228.547 228.982 1.3 0.2 0.2

Fuels and utilities

213.609 216.430 224.511 2.6 5.1 3.7

Household energy

180.418 183.315 192.133 2.1 6.5 4.8

Energy services (1)

179.814 182.773 191.979 1.5 6.8 5.0

Electricity (1)

176.498 179.427 189.689 2.2 7.5 5.7

Utility (piped) gas service (1)

186.639 189.541 190.539 -2.9 2.1 0.5

Household furnishings and operations

125.700 125.576 125.566 -0.6 -0.1 0.0

Apparel

131.976 132.526 129.977 1.5 -1.5 -1.9

Transportation

217.453 220.726 215.740 13.9 -0.8 -2.3

Private transportation

215.804 219.300 214.154 14.3 -0.8 -2.3

New and used motor vehicles (3)

99.404 100.401 101.198 3.8 1.8 0.8

New vehicles

146.605 147.881 148.046 4.1 1.0 0.1

New cars and trucks (3) (4)

99.778 100.659 100.762 4.1 1.0 0.1

New cars (4)

149.886 151.798 152.677 4.8 1.9 0.6

Used cars and trucks

143.954 146.034 149.165 4.3 3.6 2.1

Motor fuel

325.316 335.115 313.283 36.1 -3.7 -6.5

Gasoline (all types)

324.483 334.583 312.350 36.3 -3.7 -6.6

Unleaded regular (4)

324.475 334.482 311.700 36.8 -3.9 -6.8

Unleaded midgrade (4) (5)

335.785 346.758 324.811 35.5 -3.3 -6.3

Unleaded premium (4)

316.717 326.500 306.617 33.9 -3.2 -6.1

Medical care

378.857 379.828 380.114 2.6 0.3 0.1

Medical care commodities

305.829 306.046 304.992 1.5 -0.3 -0.3

Medical care services

403.163 404.454 405.342 3.0 0.5 0.2

Professional services

334.197 334.583 335.645 2.6 0.4 0.3

Recreation (3)

114.194 114.278 114.056 0.4 -0.1 -0.2

Education and communication (3)

126.614 126.475 126.554 1.1 0.0 0.1

Other goods and services

377.713 377.149 377.234 1.2 -0.1 0.0
 

Commodity and service group

 
 

All Items

218.820 219.820 219.318 3.8 0.2 -0.2

Commodities

187.378 188.925 186.699 6.8 -0.4 -1.2

Commodities less food and beverages

167.562 169.312 166.183 8.6 -0.8 -1.8

Nondurables less food and beverages

223.511 226.548 219.384 12.8 -1.8 -3.2

Nondurables less food, beverages, and apparel

279.194 283.677 273.796 16.2 -1.9 -3.5

Durables

115.260 115.811 116.443 1.9 1.0 0.5

Services

251.257 251.730 252.909 1.8 0.7 0.5

Rent of shelter (2)

231.046 231.164 231.711 1.2 0.3 0.2

Transportation services

278.265 278.494 278.109 3.9 -0.1 -0.1

Other services

303.139 303.213 303.008 1.7 0.0 -0.1
 

Special aggregate indexes

 
 

All items less medical care

209.631 210.620 210.092 3.9 0.2 -0.3

All items less food

217.583 218.576 217.987 3.8 0.2 -0.3

All items less shelter

217.945 219.334 218.386 5.0 0.2 -0.4

Commodities less food

169.123 170.830 167.794 8.3 -0.8 -1.8

Nondurables

224.822 226.912 223.080 8.3 -0.8 -1.7

Nondurables less food

222.670 225.539 218.808 12.2 -1.7 -3.0

Nondurables less food and apparel

272.157 276.243 267.290 15.1 -1.8 -3.2

Services less rent of shelter (2)

284.520 285.478 287.528 2.4 1.1 0.7

Services less medical care services

237.255 237.672 238.842 1.7 0.7 0.5

Energy

243.658 249.746 243.717 20.5 0.0 -2.4

All items less energy

216.661 217.086 217.210 2.0 0.3 0.1

All items less food and energy

215.481 215.797 215.935 1.7 0.2 0.1

Commodities less food and energy commodities

147.656 148.128 147.992 1.4 0.2 -0.1

Energy commodities

329.203 338.961 317.176 35.8 -3.7 -6.4

Services less energy services

258.607 258.814 259.135 1.8 0.2 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.

- 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: July 18, 2011