News Release Information

21-62-ATL
Wednesday, January 13, 2021

Prices in the South up 0.2 percent over the month and 1.4 percent over the year

The Consumer Price Index for All Urban Consumers (CPI-U) for the South rose 0.2 percent in December, the U.S. Bureau of Labor Statistics reported today. The energy index increased 2.1 percent over the month, while the food index inched up 0.1 percent. The index for all items less food and energy was unchanged in December. (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 rose 1.4 percent for the 12 months ending December 2020. The index for all items less food and energy increased 1.7 percent over the past year, while the food index advanced 3.5 percent. In contrast, the energy index declined 6.9 percent over the past 12 months. (See chart 1 and table 1.)

View Chart Data

Food

The food index inched up 0.1 percent in December. The food away from home index rose 0.3 percent in December, while the food at home index was unchanged over the month.

The food index advanced 3.5 percent for the 12 months ending in December, reflecting increases in the food at home (3.7 percent) and food away from home (3.4 percent) indexes.

Energy

The energy index increased 2.1 percent in December, led by a 4.8-percent increase in the gasoline index. The utility (piped) gas service index rose 0.9 percent in December, while the electricity index edged down 0.3 percent over the month.

The energy index declined 6.9 percent for the 12 months ending in December, reflecting a 14.9-percent fall in the gasoline index. The electricity and the utility (piped) gas service indexes increased over the past year, up 0.7 percent and 4.5 percent, respectively.

All items less food and energy

The index for all items less food and energy was unchanged in December. Several indexes increased over the month, including motor vehicle insurance (2.5 percent) and shelter (0.1 percent). Among the indexes to decline in December include apparel (-1.3 percent) and used cars and trucks (-1.0 percent).

The index for all items less food and energy rose 1.7 percent for the 12 months ending in December, led by a 2.1-percent increase in the shelter index. Over the past year, the used cars and trucks index jumped 9.7 percent, while the medical care index advanced 2.1 percent-reflecting a 2.8-percent increase in the medical care services index. Apparel (-4.9 percent) was among the indexes to decline over the year.

Geographic divisions

Additional price indexes are now available for the three divisions of the South. Over the month, the all items CPI-U increased 0.5 percent in the East South Central division. The all items index also increased in the West South Central and South Atlantic divisions in December, up 0.3 percent and 0.1 percent, respectively.

Over the year, the all items index advanced 1.7 percent in the East South Central division. The all items index rose 1.6 percent in the South Atlantic division and 0.8 percent in the West South Central division.

Month 2016 2017 2018 2019 2020
1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month 1-month 12-month

January

0.0 1.2 0.5 2.6 0.5 1.8 0.2 1.2 0.3 2.3

February

0.1 0.7 0.2 2.8 0.6 2.1 0.5 1.1 0.2 1.9

March

0.6 0.7 0.0 2.2 0.2 2.3 0.7 1.6 -0.1 1.1

April

0.4 0.9 0.2 2.0 0.4 2.4 0.5 1.8 -0.8 -0.2

May

0.4 0.9 0.0 1.7 0.3 2.7 -0.1 1.4 -0.2 -0.4

June

0.4 0.8 0.2 1.5 0.2 2.7 -0.1 1.1 0.6 0.3

July

-0.2 0.7 -0.2 1.6 0.0 2.9 0.3 1.4 0.6 0.6

August

0.1 1.0 0.4 1.9 -0.1 2.4 -0.1 1.4 0.4 1.1

September

0.2 1.4 0.7 2.4 0.0 1.7 0.0 1.3 0.2 1.3

October

0.1 1.5 -0.2 2.0 0.2 2.1 0.2 1.3 0.1 1.3

November

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

December

0.1 2.0 -0.1 1.8 -0.5 1.5 0.0 2.1 0.2 1.4

The Consumer Price Index for January 2021 is scheduled to be released on Wednesday, February 10, 2021.

Coronavirus (COVID-19) Impact on December 2020 Consumer Price Index Data

Data collection by personal visit for the Consumer Price Index (CPI) program has been suspended 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. Additional information is 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.
2020
Nov.
2020
Dec.
2020
Dec.
2019
Oct.
2020
Nov.
2020

Expenditure category

All Items

250.542 250.255 250.693 1.4 0.1 0.2

All items (December 1977=100)

406.415 405.948 406.658 - - -

Food and beverages

265.137 264.708 264.929 3.3 -0.1 0.1

Food

266.835 266.363 266.717 3.5 0.0 0.1

Food at home

249.979 248.472 248.420 3.7 -0.6 0.0

Cereal and bakery products

291.226 289.993 290.178 3.6 -0.4 0.1

Meats, poultry, fish, and eggs

259.841 259.046 257.114 3.6 -1.0 -0.7

Dairy and related products

231.033 229.524 231.963 4.4 0.4 1.1

Fruits and vegetables

289.543 288.455 287.711 2.3 -0.6 -0.3

Nonalcoholic beverages and beverage materials

178.083 173.863 173.569 3.6 -2.5 -0.2

Other food at home

219.555 219.127 220.064 4.6 0.2 0.4

Food away from home

294.665 295.680 296.626 3.4 0.7 0.3

Alcoholic beverages

241.302 241.455 239.884 0.4 -0.6 -0.7

Housing

251.051 251.126 251.340 2.0 0.1 0.1

Shelter

291.148 291.301 291.652 2.1 0.2 0.1

Rent of primary residence

307.332 307.514 308.157 2.8 0.3 0.2

Owners' equiv. rent of residences

294.216 294.448 295.103 2.5 0.3 0.2

Owners' equiv. rent of primary residence

294.215 294.446 295.102 2.5 0.3 0.2

Fuels and utilities

241.757 242.207 242.278 1.8 0.2 0.0

Household energy

192.226 192.472 192.226 1.1 0.0 -0.1

Energy services

192.665 192.880 192.567 1.2 -0.1 -0.2

Electricity

190.845 190.057 189.435 0.7 -0.7 -0.3

Utility (piped) gas service

188.868 195.726 197.490 4.5 4.6 0.9

Household furnishings and operations

127.271 126.908 126.780 1.4 -0.4 -0.1

Apparel

126.286 124.596 122.932 -4.9 -2.7 -1.3

Transportation

202.628 202.005 203.954 -1.7 0.7 1.0

Private transportation

203.199 201.983 204.288 -1.1 0.5 1.1

New and used motor vehicles

106.095 106.027 105.825 4.9 -0.3 -0.2

New vehicles

153.660 153.609 154.331 1.5 0.4 0.5

New cars and trucks

104.620 104.582 105.073 1.5 0.4 0.5

New cars

152.581 152.070 152.771 0.8 0.1 0.5

Used cars and trucks

155.685 153.497 151.978 9.7 -2.4 -1.0

Motor fuel

177.125 170.948 179.237 -14.9 1.2 4.8

Gasoline (all types)

176.178 169.958 178.186 -14.9 1.1 4.8

Unleaded regular

170.433 164.181 172.657 -15.3 1.3 5.2

Unleaded midgrade

204.934 198.764 205.825 -12.3 0.4 3.6

Unleaded premium

206.022 200.920 205.790 -12.0 -0.1 2.4

Motor vehicle insurance

890.770 899.496 921.782 -4.1 3.5 2.5

Medical care

491.017 490.370 489.780 2.1 -0.3 -0.1

Medical care commodities

349.128 348.368 348.391 -1.1 -0.2 0.0

Medical care services

539.054 538.444 537.648 2.8 -0.3 -0.1

Professional services

375.417 374.973 375.268 2.3 0.0 0.1

Recreation

122.955 122.364 122.526 0.9 -0.3 0.1

Education and communication

136.026 136.393 136.554 2.3 0.4 0.1

Tuition, other school fees, and child care

1,373.882 1,374.115 1,374.049 1.3 0.0 0.0

Other goods and services

445.724 446.410 446.748 3.0 0.2 0.1

Commodity and service group

All Items

250.542 250.255 250.693 1.4 0.1 0.2

Commodities

184.829 183.795 184.216 0.6 -0.3 0.2

Commodities less food and beverages

148.229 147.022 147.498 -1.1 -0.5 0.3

Nondurables less food and beverages

186.004 183.639 185.081 -5.1 -0.5 0.8

Nondurables less food, beverages, and apparel

222.954 220.166 223.325 -5.1 0.2 1.4

Durables

110.559 110.146 110.016 3.1 -0.5 -0.1

Services

316.871 317.392 317.840 1.9 0.3 0.1

Rent of shelter

299.232 299.371 299.735 2.1 0.2 0.1

Transportation services

344.680 352.057 353.988 -2.3 2.7 0.5

Other services

357.514 357.070 357.249 2.2 -0.1 0.1

Special aggregate indexes

All items less medical care

237.474 237.206 237.692 1.3 0.1 0.2

All items less food

247.786 247.527 247.976 1.0 0.1 0.2

All items less shelter

235.802 235.344 235.817 1.0 0.0 0.2

Commodities less food

150.988 149.810 150.237 -1.0 -0.5 0.3

Nondurables

223.493 222.055 222.912 -0.5 -0.3 0.4

Nondurables less food

188.928 186.718 187.977 -4.7 -0.5 0.7

Nondurables less food and apparel

223.482 220.972 223.690 -4.6 0.1 1.2

Services less rent of shelter

349.034 350.049 350.613 1.6 0.5 0.2

Services less medical care services

297.026 297.631 298.171 1.7 0.4 0.2

Energy

180.850 178.100 181.834 -6.9 0.5 2.1

All items less energy

258.969 258.926 259.037 2.0 0.0 0.0

All items less food and energy

258.029 258.059 258.129 1.7 0.0 0.0

Commodities less food and energy commodities

147.933 147.327 146.835 1.3 -0.7 -0.3

Energy commodities

180.657 174.532 182.870 -14.7 1.2 4.8

Services less energy services

330.020 330.573 331.099 1.9 0.3 0.2

- 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 document
  • Permalink

Disclaimer

BLS - U.S. Bureau of Labor Statistics published this content on 13 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2021 16:39:05 UTC