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errata

Index and average price data for electricity in Miami for January through November 2022 were incorrectly published in the database. The error also includes related aggregate data within Miami and several related areas. See the list of series affected by this correction. Corrections are expected to be made on March 30, 2023.

News Release Information

23-504-ATL
Tuesday, March 14, 2023

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

Consumer Price Index, South Region — February 2023

Prices in the South up 0.6 percent over the month and 6.4 percent over the past year.

The Consumer Price Index for All Urban Consumers (CPI-U) for the South increased 0.6 percent in February, the U.S. Bureau of Labor Statistics reported today. The index for all items less food and energy rose 0.7 percent over the month. The food index increased 0.4 percent in February and the energy index rose 0.1 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 6.4 percent for the 12 months ending in February, after increasing 6.9-percent for the 12-month period ending in January. The index for all items less food and energy rose 6.2 percent over the past year. The food index and the energy index also increased over the last 12 months, up 9.6 percent and 3.5 percent, respectively. (See chart 1 and table 1.)

Food

The food index rose 0.4 percent in February, reflecting increases in the food away from home (+0.7 percent) and food at home (+0.3 percent) indexes.

The food index advanced 9.6 percent for the 12 months ending in February, led by a 10.7-percent increase in the food at home index as all six major grocery store food group indexes increased over the year. The food away from home index also increased over the past year, up 7.8 percent.  

Energy

The energy index rose 0.1 percent in February. The gasoline index increased 0.7 percent over the month, while the natural gas index declined 6.2 percent.

The energy index rose 3.5 percent for the 12 months ending in February. The natural gas index contributed to overall increase, up 11.3 percent over the past year. In contrast, the gasoline index declined 4.0 percent over the last 12 months.

All items less food and energy

The index for all items less food and energy rose 0.7 percent in February, primarily reflecting a 0.9-percent increase in the shelter index. Within shelter, owners’ equivalent rent and rent of primary residence each rose 0.8 percent over the month. Apparel (+3.6 percent) and recreation (+1.4 percent) were also among the indexes to increase in February.

The index for all items less food and energy advanced 6.2 percent for the 12 months ending in February, after increasing 6.3 percent over the 12-month period ending in January. Several components contributed to the 12-month increase, most notably, shelter (+10.0 percent). Within shelter, owner’s equivalent rent increased 10.0 percent over the past year and rent of primary residence rose 11.5 percent. In contrast, the used cars and trucks index declined 13.8 percent over the last 12 months.

Geographic divisions

Additional price indexes are now available for the three divisions of the South. In February, the all items index rose 1.0 percent in the East South Central division, 0.6 percent in the South Atlantic division, and 0.5 percent in the West South Central division.

Over the year, the all items index advanced 6.5 percent in the East South Central division, 6.4 percent in the South Atlantic division, and 6.3 percent in the West South Central division.

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month20192020202120222023
1-month12-month1-month12-month1-month12-month1-month12-month1-month12-month

January

0.21.20.32.30.51.60.97.80.86.9

February

0.51.10.21.90.52.01.18.40.66.4

March

0.71.6-0.11.10.82.91.49.1

April

0.51.8-0.8-0.20.74.40.58.8

May

-0.11.4-0.2-0.40.85.61.29.2

June

-0.11.10.60.30.95.81.59.8

July

0.31.40.60.60.55.80.19.4

August

-0.11.40.41.10.35.6-0.28.9

September

0.01.30.21.30.35.80.28.7

October

0.21.30.11.31.06.60.48.1

November

0.01.6-0.11.20.47.20.17.7

December

0.02.10.21.40.37.4-0.37.0

The Consumer Price Index for March 2023 is scheduled to be released on Wednesday, April 12, 2023, 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 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
South (1982-84=100 unless otherwise noted)
Item and Group

IndexesPercent change from-
Dec.
2022
Jan.
2023
Feb.
2023
Feb.
2022
Dec.
2022
Jan.
2023

Expenditure category

All Items

288.205290.438292.2856.41.40.6

All items (December 1977=100)

467.509471.130474.128---

Food and beverages

309.645311.404312.8049.31.00.4

Food

313.189315.003316.3819.61.00.4

Food at home

297.461299.300300.08910.70.90.3

Cereal and bakery products

353.339358.811358.69014.81.50.0

Meats, poultry, fish, and eggs

315.797318.558316.9077.70.4-0.5

Dairy and related products

272.771272.181272.02513.0-0.3-0.1

Fruits and vegetables

329.676332.213331.3665.30.5-0.3

Nonalcoholic beverages and beverage materials

209.448210.078213.32713.91.91.5

Other food at home

263.095263.885266.20712.71.20.9

Food away from home

338.303340.027342.5637.81.30.7

Alcoholic beverages

260.396261.359263.0944.21.00.7

Housing

290.077292.411294.4929.61.50.7

Shelter

334.068336.921339.96710.01.80.9

Rent of primary residence

357.390359.781362.73511.51.50.8

Owners' equiv. rent of residences(1)

336.311338.949341.66910.01.60.8

Owners' equiv. rent of primary residence(1)

336.307338.949341.66210.01.60.8

Fuels and utilities

------

Household energy

------

Energy services

------

Electricity

------

Utility (piped) gas service

281.445282.375264.77711.3-5.9-6.2

Household furnishings and operations

146.112147.474147.9045.81.20.3

Apparel

134.195135.810140.7273.14.93.6

Transportation

256.321259.775260.9831.81.80.5

Private transportation

257.730261.635262.6421.21.90.4

New and used motor vehicles(2)

127.916127.720127.396-2.5-0.4-0.3

New vehicles

184.377185.268185.8896.60.80.3

New cars and trucks(2)(3)

------

New cars(3)

183.167183.899184.4776.50.70.3

Used cars and trucks

189.268186.252183.625-13.8-3.0-1.4

Motor fuel

261.605279.869281.557-3.77.60.6

Gasoline (all types)

258.204277.095278.990-4.08.10.7

Unleaded regular(3)

251.615270.612272.410-4.38.30.7

Unleaded midgrade(3)(4)

291.528309.283312.053-2.57.00.9

Unleaded premium(3)

286.202302.407304.849-1.46.50.8

Medical care

521.499521.622521.4102.40.00.0

Medical care commodities

366.500371.362371.5403.71.40.0

Medical care services

573.981572.305571.9492.1-0.4-0.1

Professional services

393.046392.817393.1581.50.00.1

Recreation(2)

133.207134.282136.2045.32.21.4

Education and communication(2)

139.993140.206140.4151.10.30.1

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

1,445.6691,446.9741,446.9723.20.10.0

Other goods and services

501.130503.821506.8266.41.10.6

Commodity and service group

All Items

288.205290.438292.2856.41.40.6

Commodities

216.564218.744219.9033.21.50.5

Commodities less food and beverages

174.589176.763177.7770.11.80.6

Nondurables less food and beverages

221.466227.625230.4382.44.11.2

Nondurables less food, beverages, and apparel

274.193282.967284.7082.23.80.6

Durables

129.056129.137129.201-1.70.10.0

Services

360.160362.401364.9608.51.30.7

Rent of shelter(1)

343.942346.923350.10210.21.80.9

Transportation services

425.474428.804435.83415.52.41.6

Other services

381.283383.524386.6974.11.40.8

Special aggregate indexes

All items less medical care

275.326277.643279.5766.81.50.7

All items less food

284.207286.494288.4035.91.50.7

All items less shelter

271.490273.484274.8534.71.20.5

Commodities less food

177.231179.396180.4290.21.80.6

Nondurables

263.021267.099269.2436.02.40.8

Nondurables less food

223.322229.198231.9512.53.91.2

Nondurables less food and apparel

271.532279.626281.3562.43.60.6

Services less rent of shelter(1)

391.864393.135394.8996.70.80.4

Services less medical care services

340.619343.120345.8649.41.50.8

Energy

246.435255.006255.3613.53.60.1

All items less energy

294.063295.731297.7286.71.20.7

All items less food and energy

291.382293.029295.1246.21.30.7

Commodities less food and energy commodities

167.175167.823168.7891.11.00.6

Energy commodities

267.290285.321286.968-3.57.40.6

Services less energy services

372.695375.070377.9628.31.40.8

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.

 

Last Modified Date: Tuesday, March 14, 2023