News Release Information

22-59-ATL
Wednesday, January 12, 2022

Prices in the South up 0.3 percent over the month and 7.4 percent over the past year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South increased 0.3 percent in December, the U.S. Bureau of Labor Statistics reported today. The index for all items less food and energy rose 0.5 percent in December. The food index rose 0.6 percent over the month, while the energy index declined 1.7 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 7.4 percent for the 12 months ending in December, after increasing 7.2-percent over the 12-month period ending in November. The index for all items less food and energy increased 6.0 percent over the past year, while the energy index rose 28.1 percent. The food index advanced 5.9 percent over the past 12 months. (See chart 1 and table 1.)

View Chart Data


Food

The food index increased 0.6 percent in December, reflecting increases in the food away from home (0.7 percent) and food at home (0.5 percent) indexes.

The food index advanced 5.9 percent for the 12 months ending in December, led by a 6.4-percent increase in the food at home index. The food away from home index also increased over the past 12 months, up 5.4 percent

Energy

The energy index declined 1.7 percent in December, led by a 3.1-percent decrease in the gasoline index. The utility (piped) gas service index also declined in December, down 1.1 percent. The electricity index was little changed over the month, up 0.1 percent.

The energy index advanced 28.1 percent for the 12 months ending in December, led by a 51.1-percent increase in the gasoline index. The electricity and the utility (piped) gas service indexes also increased over the past year, up 6.4 percent and 19.3 percent, respectively.

All items less food and energy

The index for all items less food and energy rose 0.5 percent in December. The new and used motor vehicles index increased 2.3 percent over the month, reflecting increases in the used cars and trucks (3.4 percent) and new vehicles (1.7 percent) indexes. The shelter index rose 0.4 percent in December, while the recreation and apparel indexes declined 0.4 percent and 0.7 percent, respectively.

The index for all items less food and energy advanced 6.0 percent for the 12 months ending in December, reflecting increases across many indexes. The new and used motor vehicles index advanced 21.8 percent over the past 12 months, led by a 37.0-percent increase in the used cars and trucks index; the new vehicles index increased 12.4 percent over the year. Shelter (4.6 percent) was also among the indexes to increase over the past year.

Geographic divisions

Additional price indexes are now available for the three divisions of the South. The all items CPI-U increased in the South Atlantic and West South Central divisions in December, up 0.5 percent and 0.3 percent, respectively. The all items index edged down 0.2 percent in the East South Central division in December.

Over the year, the all items index advanced 7.5 percent in the South Atlantic division. The all items index rose 7.4 percent in the West South Central division and 7.1 percent in the East South Central division.

Month 2017 2018 2019 2020 2021
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.5 2.6 0.5 1.8 0.2 1.2 0.3 2.3 0.5 1.6

February

0.2 2.8 0.6 2.1 0.5 1.1 0.2 1.9 0.5 2.0

March

0.0 2.2 0.2 2.3 0.7 1.6 -0.1 1.1 0.8 2.9

April

0.2 2.0 0.4 2.4 0.5 1.8 -0.8 -0.2 0.7 4.4

May

0.0 1.7 0.3 2.7 -0.1 1.4 -0.2 -0.4 0.8 5.6

June

0.2 1.5 0.2 2.7 -0.1 1.1 0.6 0.3 0.9 5.8

July

-0.2 1.6 0.0 2.9 0.3 1.4 0.6 0.6 0.5 5.8

August

0.4 1.9 -0.1 2.4 -0.1 1.4 0.4 1.1 0.3 5.6

September

0.7 2.4 0.0 1.7 0.0 1.3 0.2 1.3 0.3 5.8

October

-0.2 2.0 0.2 2.1 0.2 1.3 0.1 1.3 1.0 6.6

November

-0.1 2.1 -0.3 1.9 0.0 1.6 -0.1 1.2 0.4 7.2

December

-0.1 1.8 -0.5 1.5 0.0 2.1 0.2 1.4 0.3 7.4

The Consumer Price Index for January 2022 is scheduled to be released on Thursday, February 10, 2022, at 8:30 a.m. (ET).

Coronavirus (COVID-19) Impact on December 2021 Consumer Price Index Data

Data collection by personal visit for the Consumer Price Index (CPI) program has been suspended almost entirely since March 16, 2020. When possible, data normally collected by personal visit were collected either online or by phone. Additionally, data collection in December was affected by the temporary closing or limited operations of certain types of establishments. These factors resulted in an increase in the number of prices considered temporarily unavailable and imputed.

While the CPI program attempted to collect as much data as possible, many indexes are based on smaller amounts of collected prices than usual, and a small number of indexes that are normally published were not published this month.

For each month from March 2020 to December 2021, BLS has published a summary of the impact of the pandemic on the Consumer Price Index news release and data. The impact summary for December is available at www.bls.gov/covid19/consumer-price-index-covid19-impacts-december-2021.htm. Beginning with publication of January 2022 data in February 2022, this month-specific impact summary will be discontinued. However, information related to the impact of the pandemic will continue to be available at www.bls.gov/covid19/effects-of-covid-19-pandemic-on-consumer-price-index.htm.


Technical Note

The Consumer Price Index (CPI) is a measures 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 sensory impaired individuals upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Item and Group Indexes Percent change from-
Oct.
2021
Nov.
2021
Dec.
2021
Dec.
2020
Oct.
2021
Nov.
2021

Expenditure category

All Items

267.160 268.360 269.263 7.4 0.8 0.3

All items (December 1977=100)

433.371 435.318 436.781 - - -

Food and beverages

278.215 278.681 280.189 5.8 0.7 0.5

Food

280.435 280.901 282.547 5.9 0.8 0.6

Food at home

263.147 263.105 264.292 6.4 0.4 0.5

Cereal and bakery products

301.019 302.109 303.279 4.5 0.8 0.4

Meats, poultry, fish, and eggs

292.778 291.974 290.014 12.8 -0.9 -0.7

Dairy and related products

231.894 232.282 236.759 2.1 2.1 1.9

Fruits and vegetables

303.516 301.598 305.219 6.1 0.6 1.2

Nonalcoholic beverages and beverage materials

180.845 178.935 180.205 3.8 -0.4 0.7

Other food at home

227.000 229.087 230.121 4.6 1.4 0.5

Food away from home

309.069 310.275 312.602 5.4 1.1 0.7

Alcoholic beverages

247.308 247.772 247.440 3.1 0.1 -0.1

Housing

262.273 263.137 264.204 5.1 0.7 0.4

Shelter

302.555 303.697 304.944 4.6 0.8 0.4

Rent of primary residence

317.726 319.290 320.899 4.1 1.0 0.5

Owners' equiv. rent of residences

304.596 306.203 307.423 4.2 0.9 0.4

Owners' equiv. rent of primary residence

304.594 306.201 307.419 4.2 0.9 0.4

Fuels and utilities

259.760 259.340 259.761 7.2 0.0 0.2

Household energy

209.677 208.792 208.745 8.6 -0.4 0.0

Energy services

209.347 208.328 208.240 8.1 -0.5 0.0

Electricity

203.495 201.238 201.523 6.4 -1.0 0.1

Utility (piped) gas service

230.948 238.236 235.685 19.3 2.1 -1.1

Household furnishings and operations

133.946 134.633 135.470 6.9 1.1 0.6

Apparel

131.939 131.720 130.807 6.4 -0.9 -0.7

Transportation

242.844 247.393 248.267 21.7 2.2 0.4

Private transportation

245.570 250.302 251.439 23.1 2.4 0.5

New and used motor vehicles

123.658 126.095 128.947 21.8 4.3 2.3

New vehicles

168.782 170.555 173.476 12.4 2.8 1.7

New cars and trucks

114.963 116.172 118.174 12.5 2.8 1.7

New cars

166.689 168.572 172.405 12.9 3.4 2.3

Used cars and trucks

196.602 201.401 208.283 37.0 5.9 3.4

Motor fuel

271.606 279.337 270.690 51.0 -0.3 -3.1

Gasoline (all types)

270.273 277.881 269.218 51.1 -0.4 -3.1

Unleaded regular

264.406 271.915 263.132 52.4 -0.5 -3.2

Unleaded midgrade

299.018 307.364 299.601 45.6 0.2 -2.5

Unleaded premium

290.747 298.386 291.388 41.6 0.2 -2.3

Motor vehicle insurance

949.398 961.051 958.430 4.0 1.0 -0.3

Medical care

502.016 501.880 503.320 2.8 0.3 0.3

Medical care commodities

354.701 354.119 354.585 1.8 0.0 0.1

Medical care services

551.885 551.899 553.667 3.0 0.3 0.3

Professional services

385.494 385.936 386.052 2.9 0.1 0.0

Recreation

127.743 126.223 125.775 2.7 -1.5 -0.4

Education and communication

139.465 139.463 139.850 2.4 0.3 0.3

Tuition, other school fees, and child care

1,396.210 1,398.050 1,399.872 1.9 0.3 0.1

Other goods and services

460.236 463.349 466.509 4.4 1.4 0.7

Commodity and service group

All Items

267.160 268.360 269.263 7.4 0.8 0.3

Commodities

204.842 206.450 207.337 12.6 1.2 0.4

Commodities less food and beverages

169.872 171.821 172.447 16.9 1.5 0.4

Nondurables less food and beverages

215.048 217.396 214.968 16.1 0.0 -1.1

Nondurables less food, beverages, and apparel

265.387 269.182 265.874 19.1 0.2 -1.2

Durables

125.623 127.132 129.439 17.7 3.0 1.8

Services

329.548 330.289 331.192 4.2 0.5 0.3

Rent of shelter

311.102 312.305 313.597 4.6 0.8 0.4

Transportation services

363.333 368.356 366.845 3.6 1.0 -0.4

Other services

368.016 366.303 367.034 2.7 -0.3 0.2

Special aggregate indexes

All items less medical care

254.288 255.548 256.420 7.9 0.8 0.3

All items less food

264.845 266.156 266.944 7.6 0.8 0.3

All items less shelter

254.474 255.701 256.473 8.8 0.8 0.3

Commodities less food

172.324 174.243 174.848 16.4 1.5 0.3

Nondurables

244.875 246.322 245.776 10.3 0.4 -0.2

Nondurables less food

216.542 218.772 216.474 15.2 0.0 -1.1

Nondurables less food and apparel

262.423 265.900 262.876 17.5 0.2 -1.1

Services less rent of shelter

363.124 363.312 363.761 3.8 0.2 0.1

Services less medical care services

309.588 310.379 311.207 4.4 0.5 0.3

Energy

233.774 236.921 232.871 28.1 -0.4 -1.7

All items less energy

272.056 273.069 274.471 6.0 0.9 0.5

All items less food and energy

271.048 272.156 273.519 6.0 0.9 0.5

Commodities less food and energy commodities

160.701 161.937 163.612 11.4 1.8 1.0

Energy commodities

276.172 284.012 275.425 50.6 -0.3 -3.0

Services less energy services

342.299 343.221 344.228 4.0 0.6 0.3

- 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.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

BLS - U.S. Bureau of Labor Statistics published this content on 12 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2022 18:15:03 UTC.