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15-1012-ATL Friday, May 22, 2015

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Consumer Price Index, South Region – April 2015

Prices up 0.3 percent over the month; down 0.6 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South increased 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. The all items less food and energy index also advanced 0.3 percent in April, as price increases were noted for several indexes primarily shelter, apparel, and new and used motor vehicles. The energy index rose 0.4 percent, while the food index edged down 0.2 percent over the month. (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 all items CPI-U declined 0.6 percent. The index for all items less food and energy advanced 1.9 percent over the year as a result of increases in several indexes. (See chart 1.)

 Chart 1. Over-the-year percent change in CPI-U, South region, April 2012-April 2015

Food

The food index edged down 0.2 percent in April, as prices for food at home declined 0.4 percent. Prices for food away from home were up 0.2 percent over the month.

Since April 2014, the food index advanced 1.7 percent, reflecting price increases for both food away from home and food at home, up 3.0 and 0.8 percent, respectively.

Energy

The energy index rose 0.4 percent over the month. A 1.1-percent increase in April for motor fuel prices was largely offset by price declines for electricity (-0.3 percent) and utility (piped) gas service (-0.8 percent).

Over the year, energy prices fell 21.1 percent, reflecting a 33.9-percent drop in motor fuel prices. Utility (piped) gas service prices declined 13.0 percent since April 2014 and electricity prices decreased 0.9 percent.

All items less food and energy

The all items less food and energy index increased 0.3 percent in April, led by a 0.2-percent increase in prices for shelter, a seasonal increase in apparel prices (1.7 percent), and a 0.9-percent rise in prices for new and used motor vehicles.

Since April 2014, the all items less food and energy index advanced 1.9 percent, led by price increases in several categories, most notably shelter (3.1 percent) and medical care (1.8 percent).

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2011 2012 2013 2014 2015
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.5 1.7 0.5 3.2 0.4 1.6 0.3 1.7 -0.7 -0.4

February

0.5 2.2 0.6 3.3 0.9 1.8 0.4 1.2 0.5 -0.3

March

1.2 2.8 0.7 2.8 0.3 1.5 0.6 1.5 0.6 -0.3

April

0.7 3.4 0.4 2.5 -0.2 0.9 0.5 2.3 0.3 -0.6

May

0.5 4.0 -0.4 1.6 0.0 1.3 0.2 2.4    

June

-0.2 3.8 -0.2 1.7 0.4 1.9 0.2 2.3    

July

0.2 4.1 -0.2 1.4 0.2 2.2 -0.1 2.0    

August

0.4 4.3 0.6 1.6 0.1 1.7 -0.2 1.7    

September

0.0 4.1 0.5 2.1 0.0 1.3 0.1 1.7    

October

-0.2 3.7 -0.2 2.1 -0.2 1.3 -0.3 1.6    

November

0.0 3.8 -0.5 1.6 -0.3 1.5 -0.6 1.3    

December

-0.2 3.3 -0.1 1.7 0.1 1.8 -0.6 0.6    

The Consumer Price Index for May 2015 is scheduled to be released on Thursday, June 18, 2015 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 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 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; Federal Relay Service: (800) 877-8339.

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-
Feb.
2015
Mar.
2015
Apr.
2015
Apr.
2014
Feb.
2015
Mar.
2015

Expenditure category

 
 

All Items

227.944 229.337 229.957 -0.6 0.9 0.3

All items (December 1977=100)

369.757 372.017 373.023 - - -

Food and beverages

245.444 245.020 244.636 1.7 -0.3 -0.2

Food

246.924 246.392 245.962 1.7 -0.4 -0.2

Food at home

242.165 240.999 239.926 0.8 -0.9 -0.4

Food away from home

256.901 257.298 257.813 3.0 0.4 0.2

Alcoholic beverages

224.177 225.250 225.502 1.3 0.6 0.1

Housing

219.385 219.868 220.275 2.1 0.4 0.2

Shelter

247.887 248.935 249.515 3.1 0.7 0.2

Rent of primary residence (1)

254.203 255.041 255.547 3.7 0.5 0.2

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

250.331 251.109 251.632 2.9 0.5 0.2

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

250.323 251.099 251.622 2.9 0.5 0.2

Fuels and utilities

229.614 227.759 227.105 -1.3 -1.1 -0.3

Household energy

188.775 186.675 185.968 -2.9 -1.5 -0.4

Energy services (1)

188.804 186.706 186.013 -2.6 -1.5 -0.4

Electricity (1)

187.678 186.078 185.509 -0.9 -1.2 -0.3

Utility (piped) gas service (1)

180.506 175.343 173.902 -13.0 -3.7 -0.8

Household furnishings and operations

122.089 122.225 122.784 -0.3 0.6 0.5

Apparel

130.884 137.271 139.604 0.3 6.7 1.7

Transportation

193.490 197.631 199.151 -10.8 2.9 0.8

Private transportation

191.291 195.573 197.101 -11.1 3.0 0.8

New and used motor vehicles (3)

102.428 103.287 104.254 0.5 1.8 0.9

New vehicles

153.333 153.378 154.314 0.7 0.6 0.6

New cars and trucks (3) (4)

104.378 104.409 105.042 0.7 0.6 0.6

New cars (4)

154.467 154.853 155.468 0.1 0.6 0.4

Used cars and trucks

143.214 146.965 149.632 0.3 4.5 1.8

Motor fuel

192.244 206.124 208.485 -33.9 8.4 1.1

Gasoline (all types)

190.667 204.709 207.214 -34.0 8.7 1.2

Unleaded regular (4)

187.033 201.386 203.761 -34.7 8.9 1.2

Unleaded midgrade (4) (5)

206.808 219.436 222.556 -32.1 7.6 1.4

Unleaded premium (4)

203.351 215.445 218.536 -30.4 7.5 1.4

Medical care

420.167 421.612 422.149 1.8 0.5 0.1

Medical care commodities

336.832 337.267 338.125 2.9 0.4 0.3

Medical care services

448.262 450.117 450.505 1.5 0.5 0.1

Professional services

352.968 354.899 355.417 1.2 0.7 0.1

Recreation (3)

116.318 116.300 116.731 0.2 0.4 0.4

Education and communication (3)

134.623 134.890 135.079 0.8 0.3 0.1

Other goods and services

404.270 404.454 403.625 1.5 -0.2 -0.2
 

Commodity and service group

 
 

All Items

227.944 229.337 229.957 -0.6 0.9 0.3

Commodities

180.661 182.729 183.405 -4.7 1.5 0.4

Commodities less food and beverages

149.876 152.884 153.965 -8.4 2.7 0.7

Nondurables less food and beverages

189.474 195.422 196.880 -13.0 3.9 0.7

Nondurables less food, beverages, and apparel

226.010 231.814 232.803 -16.7 3.0 0.4

Durables

111.794 112.253 112.983 -0.8 1.1 0.7

Services

275.750 276.505 277.077 2.2 0.5 0.2

Rent of shelter (2)

254.295 255.387 255.972 3.0 0.7 0.2

Transportation services

307.498 308.514 309.595 2.2 0.7 0.4

Other services

328.526 329.586 330.713 1.9 0.7 0.3
 

Special aggregate indexes

 
 

All items less medical care

217.299 218.675 219.292 -0.8 0.9 0.3

All items less food

224.799 226.485 227.264 -1.0 1.1 0.3

All items less shelter

221.318 222.864 223.505 -2.2 1.0 0.3

Commodities less food

152.187 155.151 156.212 -8.0 2.6 0.7

Nondurables

216.122 219.127 219.734 -5.9 1.7 0.3

Nondurables less food

191.206 196.879 198.270 -12.2 3.7 0.7

Nondurables less food and apparel

224.730 230.106 231.027 -15.5 2.8 0.4

Services less rent of shelter (2)

311.368 311.717 312.288 1.4 0.3 0.2

Services less medical care services

260.056 260.730 261.302 2.3 0.5 0.2

Energy

186.545 191.746 192.447 -21.1 3.2 0.4

All items less energy

233.304 234.275 234.887 1.8 0.7 0.3

All items less food and energy

231.318 232.551 233.346 1.9 0.9 0.3

Commodities less food and energy commodities

147.798 149.226 150.118 -0.1 1.6 0.6

Energy commodities

196.186 209.976 212.298 -33.6 8.2 1.1

Services less energy services

284.824 285.900 286.614 2.6 0.6 0.2

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: Friday, May 22, 2015

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News Release Information

15-1012-ATL Friday, May 22, 2015

Contacts

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

Consumer Price Index, South Region – April 2015

Prices up 0.3 percent over the month; down 0.6 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South increased 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. The all items less food and energy index also advanced 0.3 percent in April, as price increases were noted for several indexes primarily shelter, apparel, and new and used motor vehicles. The energy index rose 0.4 percent, while the food index edged down 0.2 percent over the month. (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 all items CPI-U declined 0.6 percent. The index for all items less food and energy advanced 1.9 percent over the year as a result of increases in several indexes. (See chart 1.)

 Chart 1. Over-the-year percent change in CPI-U, South region, April 2012-April 2015

Food

The food index edged down 0.2 percent in April, as prices for food at home declined 0.4 percent. Prices for food away from home were up 0.2 percent over the month.

Since April 2014, the food index advanced 1.7 percent, reflecting price increases for both food away from home and food at home, up 3.0 and 0.8 percent, respectively.

Energy

The energy index rose 0.4 percent over the month. A 1.1-percent increase in April for motor fuel prices was largely offset by price declines for electricity (-0.3 percent) and utility (piped) gas service (-0.8 percent).

Over the year, energy prices fell 21.1 percent, reflecting a 33.9-percent drop in motor fuel prices. Utility (piped) gas service prices declined 13.0 percent since April 2014 and electricity prices decreased 0.9 percent.

All items less food and energy

The all items less food and energy index increased 0.3 percent in April, led by a 0.2-percent increase in prices for shelter, a seasonal increase in apparel prices (1.7 percent), and a 0.9-percent rise in prices for new and used motor vehicles.

Since April 2014, the all items less food and energy index advanced 1.9 percent, led by price increases in several categories, most notably shelter (3.1 percent) and medical care (1.8 percent).

Table A. South region CPI-U 1-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2011 2012 2013 2014 2015
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.5 1.7 0.5 3.2 0.4 1.6 0.3 1.7 -0.7 -0.4

February

0.5 2.2 0.6 3.3 0.9 1.8 0.4 1.2 0.5 -0.3

March

1.2 2.8 0.7 2.8 0.3 1.5 0.6 1.5 0.6 -0.3

April

0.7 3.4 0.4 2.5 -0.2 0.9 0.5 2.3 0.3 -0.6

May

0.5 4.0 -0.4 1.6 0.0 1.3 0.2 2.4    

June

-0.2 3.8 -0.2 1.7 0.4 1.9 0.2 2.3    

July

0.2 4.1 -0.2 1.4 0.2 2.2 -0.1 2.0    

August

0.4 4.3 0.6 1.6 0.1 1.7 -0.2 1.7    

September

0.0 4.1 0.5 2.1 0.0 1.3 0.1 1.7    

October

-0.2 3.7 -0.2 2.1 -0.2 1.3 -0.3 1.6    

November

0.0 3.8 -0.5 1.6 -0.3 1.5 -0.6 1.3    

December

-0.2 3.3 -0.1 1.7 0.1 1.8 -0.6 0.6    

The Consumer Price Index for May 2015 is scheduled to be released on Thursday, June 18, 2015 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 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 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; Federal Relay Service: (800) 877-8339.

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-
Feb.
2015
Mar.
2015
Apr.
2015
Apr.
2014
Feb.
2015
Mar.
2015

Expenditure category

 
 

All Items

227.944 229.337 229.957 -0.6 0.9 0.3

All items (December 1977=100)

369.757 372.017 373.023 - - -

Food and beverages

245.444 245.020 244.636 1.7 -0.3 -0.2

Food

246.924 246.392 245.962 1.7 -0.4 -0.2

Food at home

242.165 240.999 239.926 0.8 -0.9 -0.4

Food away from home

256.901 257.298 257.813 3.0 0.4 0.2

Alcoholic beverages

224.177 225.250 225.502 1.3 0.6 0.1

Housing

219.385 219.868 220.275 2.1 0.4 0.2

Shelter

247.887 248.935 249.515 3.1 0.7 0.2

Rent of primary residence (1)

254.203 255.041 255.547 3.7 0.5 0.2

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

250.331 251.109 251.632 2.9 0.5 0.2

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

250.323 251.099 251.622 2.9 0.5 0.2

Fuels and utilities

229.614 227.759 227.105 -1.3 -1.1 -0.3

Household energy

188.775 186.675 185.968 -2.9 -1.5 -0.4

Energy services (1)

188.804 186.706 186.013 -2.6 -1.5 -0.4

Electricity (1)

187.678 186.078 185.509 -0.9 -1.2 -0.3

Utility (piped) gas service (1)

180.506 175.343 173.902 -13.0 -3.7 -0.8

Household furnishings and operations

122.089 122.225 122.784 -0.3 0.6 0.5

Apparel

130.884 137.271 139.604 0.3 6.7 1.7

Transportation

193.490 197.631 199.151 -10.8 2.9 0.8

Private transportation

191.291 195.573 197.101 -11.1 3.0 0.8

New and used motor vehicles (3)

102.428 103.287 104.254 0.5 1.8 0.9

New vehicles

153.333 153.378 154.314 0.7 0.6 0.6

New cars and trucks (3) (4)

104.378 104.409 105.042 0.7 0.6 0.6

New cars (4)

154.467 154.853 155.468 0.1 0.6 0.4

Used cars and trucks

143.214 146.965 149.632 0.3 4.5 1.8

Motor fuel

192.244 206.124 208.485 -33.9 8.4 1.1

Gasoline (all types)

190.667 204.709 207.214 -34.0 8.7 1.2

Unleaded regular (4)

187.033 201.386 203.761 -34.7 8.9 1.2

Unleaded midgrade (4) (5)

206.808 219.436 222.556 -32.1 7.6 1.4

Unleaded premium (4)

203.351 215.445 218.536 -30.4 7.5 1.4

Medical care

420.167 421.612 422.149 1.8 0.5 0.1

Medical care commodities

336.832 337.267 338.125 2.9 0.4 0.3

Medical care services

448.262 450.117 450.505 1.5 0.5 0.1

Professional services

352.968 354.899 355.417 1.2 0.7 0.1

Recreation (3)

116.318 116.300 116.731 0.2 0.4 0.4

Education and communication (3)

134.623 134.890 135.079 0.8 0.3 0.1

Other goods and services

404.270 404.454 403.625 1.5 -0.2 -0.2
 

Commodity and service group

 
 

All Items

227.944 229.337 229.957 -0.6 0.9 0.3

Commodities

180.661 182.729 183.405 -4.7 1.5 0.4

Commodities less food and beverages

149.876 152.884 153.965 -8.4 2.7 0.7

Nondurables less food and beverages

189.474 195.422 196.880 -13.0 3.9 0.7

Nondurables less food, beverages, and apparel

226.010 231.814 232.803 -16.7 3.0 0.4

Durables

111.794 112.253 112.983 -0.8 1.1 0.7

Services

275.750 276.505 277.077 2.2 0.5 0.2

Rent of shelter (2)

254.295 255.387 255.972 3.0 0.7 0.2

Transportation services

307.498 308.514 309.595 2.2 0.7 0.4

Other services

328.526 329.586 330.713 1.9 0.7 0.3
 

Special aggregate indexes

 
 

All items less medical care

217.299 218.675 219.292 -0.8 0.9 0.3

All items less food

224.799 226.485 227.264 -1.0 1.1 0.3

All items less shelter

221.318 222.864 223.505 -2.2 1.0 0.3

Commodities less food

152.187 155.151 156.212 -8.0 2.6 0.7

Nondurables

216.122 219.127 219.734 -5.9 1.7 0.3

Nondurables less food

191.206 196.879 198.270 -12.2 3.7 0.7

Nondurables less food and apparel

224.730 230.106 231.027 -15.5 2.8 0.4

Services less rent of shelter (2)

311.368 311.717 312.288 1.4 0.3 0.2

Services less medical care services

260.056 260.730 261.302 2.3 0.5 0.2

Energy

186.545 191.746 192.447 -21.1 3.2 0.4

All items less energy

233.304 234.275 234.887 1.8 0.7 0.3

All items less food and energy

231.318 232.551 233.346 1.9 0.9 0.3

Commodities less food and energy commodities

147.798 149.226 150.118 -0.1 1.6 0.6

Energy commodities

196.186 209.976 212.298 -33.6 8.2 1.1

Services less energy services

284.824 285.900 286.614 2.6 0.6 0.2

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: Friday, May 22, 2015