Internet: www.bls.gov/ro3/ PLS - 4460
FOR RELEASE:
THURSDAY, OCTOBER 16, 2008
INFORMATION: Gerald Perrins
(215) 597-3282
MEDIA CONTACT: Sheila Watkins
(215) 861-5600

South Region Consumer Price Index:  September 2008 (PDF)

The Consumer Price Index for All Urban Consumers (CPI-U) for the South  inched up 0.1 percent in September to 212.650 (1982-84=100), the Bureau of Labor Statistics of the U.S. Department of Labor reported today.  Sheila Watkins, the Bureau’s regional commissioner, noted that higher prices for many of the categories, but particularly for apparel, food and beverages, education and communication, and other goods and services were virtually offset by lower costs for transportation and housing.  Over the same period, the core inflation rate, as measured by the all items less food and energy index, edged up 0.2 percent over the month.

Table A. Percent changes in the Consumer Price Index for All Urban Consumers for the South by expenditure category (not seasonally adjusted).
Expenditure category Percent change from preceding month 12 months percent change ending September 2008
September 2007 July 2008 August 2008 September 2008

All items

0.3 0.5 -0.4 0.1 5.4

Food and beverages

0.8 0.9 0.6 0.5 5.9

Housing

0.0 0.7 0.0 -0.1 4.2

Apparel

3.7 -2.2 0.6 2.9 1.3

Transportation

0.0 0.5 -3.3 -0.4 11.6

Medical care

0.1 0.0 0.2 0.0 3.5

Recreation(1)

0.2 0.4 0.9 0.2 2.4

Education and communication(1)

0.7 0.7 0.9 0.6 2.9

Other goods and services

0.8 -0.5 0.2 0.7 3.6

Energy

0.4 1.9 -4.9 -0.7 25.1

All items less food and energy

0.2 0.1 0.2 0.2 2.6

Footnotes:
(1) Index on a December 1997=100 base.

Over the last 12 months, prices in the South rose 5.4 percent, due largely to higher costs for transportation, housing, and food and beverages.  Over the same period, the core inflation rate, as measured by the all items less food and energy index, advanced 2.6 percent.

Following normal seasonal patterns, apparel costs rose 2.9 percent in September.  Over the year, the apparel index increased 1.3 percent. 

The food and beverages index rose 0.5 percent in September due to increases in all three of its components.  Costs for food at home and food away from home increased 0.5 percent each and costs for alcoholic beverages rose 0.6 percent since August.  Over the last 12 months, the food and beverages index advanced 5.9 percent.  Prices for food at home rose 7.3 percent over the year and prices for food away from home and alcoholic beverages increased 4.6 and 3.3 percent, respectively.

Prices for education and communication rose 0.6 percent in September to a level 2.9 percent higher than a year ago.  The recreation index edged up 0.2 percent over the month and advanced 2.4 percent over the year.

The other goods and services index (which includes tobacco and smoking products, personal care products and services, and miscellaneous personal goods) increased 0.7 percent over the month to a level 3.6 percent higher than a year ago.

The transportation index declined 0.4 percent since August, as prices for new and used motor vehicles decreased 0.8 percent and motor fuel costs edged down 0.2 percent.  Due largely to a 35.3-percent jump in motor fuel prices, transportation costs advanced 11.6 percent over the year.

The index for housing was little changed over the month, inching down 0.1 percent.  Fuels and utilities prices fell 1.3 percent led by an 8.8-percent decrease in utility (piped) gas service prices, while a 0.8-percent increase in the cost of household furnishings and operations moderated the overall decline in the housing index. The shelter index, which includes rent of primary residence, lodging away from home, owners’ equivalent rent of primary residence, and tenants’ and household insurance, was unchanged since August.  Since September 2007, the housing index rose 4.2 percent in the South.  Higher prices for shelter (3.0 percent) and fuels and utilities (12.2 percent) were largely responsible for the 12-month increase in the housing index.  Costs for household furnishings and operations were also higher over the year, advancing 2.3 percent.

The index for medical care was unchanged over the month.  Costs for medical care commodities edged down 0.2 percent, while costs for medical care services were unchanged in September.  Over the year, the medical care index rose 3.5 percent, as prices advanced for both medical care services (4.3 percent) and medical care commodities (1.5 percent).

Population size groups

Over the month, consumer prices in the South edged up 0.2 percent in the largest metropolitan areas, those with 1.5 million or more residents (Size Class A), 0.1 percent in the mid-size areas, those with populations between 50,000 and 1.5 million (Size Class B/C), and 0.3 percent in the smallest areas, those with populations of less than 50,000 (Size Class D).  Over the past 12 months, consumer prices in the South advanced 5.2 percent in the largest areas (Size Class A) and 5.3 percent in the mid-sized areas (Size Class B/C).  In the smallest areas (Size Class D), prices increased 7.1 percent over the year.

Technical Note

The Bureau of Labor Statistics (BLS) has updated the consumption expenditure weights in the Consumer Price Index for All Urban Consumers (CPI-U) and Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) to the 2005-06 period. The updated expenditure weights for these indexes replace the 2003-2004 weights that were introduced effective with the January 2006 CPI release. As originally announced by BLS in December 1998, CPI expenditure weights will continue to be updated at two year intervals.

The CPI program completed its conversion to Computer Assisted Data Collection (CADC).  Due to the efficiencies gained from conversion to CADC, BLS has extended data collection to cover the entire month, beginning with data for January 2004.  CPI data collection is scheduled in terms of business days – weekdays excluding holidays.  Formerly, data collection covered three pricing periods, each comprising six business days in most months and five days in November and December.  Consequently, the last day of scheduled data collection was usually the 18th business day of the month.  This allowed time during the end of the month for the mailing of paper schedules back to the Washington Office and the data entry of the information in these schedules.  Starting in January 2004, the three pricing periods now have variable lengths, between six and eight business days long.  The third pricing period normally will end on the last business day of the month.

Local area CPI indexes are by-products of the national CPI program.  Because each local index is a small subset of the national index, it has a smaller sample size and is, therefore, subject to substantially more sampling and measurement error than the national index, although their long-term trends are quite similar.  The Bureau of Labor Statistics strongly urges users to consider adopting the national average CPI for use in escalator clauses.

We encourage users interested in learning more about changes to the CPI to contact the Bureau of Labor Statistics. Information on the Consumer Price Index and other surveys are available on our Web site at www.bls.gov. Current and historical BLS data are also posted on our Web site at www.bls.gov/ro3/home.htm. If you have additional questions, you can contact the Mid-Atlantic information office directly by dialing (215) 597-3282. Information from the Consumer Price Index program is available to sensory impaired individuals upon request. Voice phone: 202-691-5200, Federal Relay Services: 1-800-877-8339.


Table 1. Consumer Price Index for All Urban Consumers and Urban Wage Earners and Clerical Workers, South Region, (1982-84=100 unless otherwise noted) (not seasonally adjusted)
Item and group All Urban Consumers (CPI-U)
Urban Wage Earners and
Clerical Workers (CPI-W)
Historical
data
Index Percent change from
Historical
data
Index Percent change from
Sep.
2008
Sep.
2007
Aug.
2008
Sep.
2008
Sep.
2007
Aug.
2008

All items

Jump to page with historical data
212.650 5.4 0.1
Jump to page with historical data
210.572 5.9 0.1

All items (Dec. 1977 = 100)

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344.947  

 

Jump to page with historical data
341.045  

 

 

Food and beverages

Jump to page with historical data
215.049 5.9 0.5
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213.865 5.9 0.5

Food

Jump to page with historical data
215.831 6.1 0.5
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214.728 6.1 0.5

Food at home

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214.855 7.3 0.5
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213.473 7.3 0.5

Food away from home

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220.484 4.6 0.5
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219.341 4.5 0.5

Alcoholic beverages

Jump to page with historical data
203.064 3.3 0.6
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200.368 2.7 0.5
 

Housing

Jump to page with historical data
202.951 4.2 -0.1
Jump to page with historical data
202.197 4.4 -0.1

Shelter

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221.545 3.0 0.0
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219.978 3.0 0.1

Rent of primary residence (1)

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220.882 4.1 0.3
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219.825 3.9 0.3

Owners' equivalent rent of primary residence (1) (2)

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223.725 3.0 0.2
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208.383 2.9 0.1

Fuels and utilities

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231.671 12.2 -1.3
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231.366 12.3 -1.1

Household energy

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205.462 13.5 -1.6
Jump to page with historical data
203.126 13.6 -1.3

Gas (piped) and electricity (1)

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205.399 12.6 -1.5
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204.162 12.7 -1.3

Electricity (1)

Jump to page with historical data
194.994 11.0 0.1
Jump to page with historical data
193.191 11.2 0.0

Utility (piped) gas service (1)

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257.124 21.0 -8.8
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260.640 21.4 -8.3

Household furnishings and operations

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128.350 2.3 0.8
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122.880 2.4 0.5
 

Apparel

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131.481 1.3 2.9
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131.817 1.2 2.9
 

Transportation

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204.357 11.6 -0.4
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203.831 12.3 -0.4

Private transportation

Jump to page with historical data
202.663 11.5 -0.3
Jump to page with historical data
202.325 12.2 -0.4

New and used motor vehicles (3)

Jump to page with historical data
92.310 -2.7 -0.8
Jump to page with historical data
90.640 -2.9 -1.1

New vehicles

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136.013 -2.5 -0.3
Jump to page with historical data
135.862 -2.4 -0.3

New cars and trucks (3) (4)

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92.516 -2.5 -0.3
Jump to page with historical data
     

New cars (4)

Jump to page with historical data
140.979 -0.5 0.0
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Used cars and trucks

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131.334 -3.7 -1.9
Jump to page with historical data
132.040 -3.7 -1.9

Motor fuel

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321.149 35.3 -0.2
Jump to page with historical data
321.454 35.3 -0.1

Gasoline (all types)

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319.382 35.3 0.2
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319.818 35.3 0.3

Gasoline, unleaded regular (4)

Jump to page with historical data
320.378 35.8 0.4
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320.819 35.9 0.5

Gasoline, unleaded midgrade (4) (5)

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329.729 34.7 0.1
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330.082 34.7 0.2

Gasoline, unleaded premium (4)

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309.412 33.3 -0.3
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309.333 33.4 -0.2
 

Medical care

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348.105 3.5 0.0
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350.958 3.9 0.0

Medical care commodities

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282.119 1.5 -0.2
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275.440 1.5 -0.2

Medical care services

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370.008 4.3 0.0
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374.240 4.7 0.1

Professional services

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309.657 3.4 0.0
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311.001 3.6 0.0
 

Recreation (3)

Jump to page with historical data
114.782 2.4 0.2
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111.576 2.1 0.3
 

Education and communication (3)

Jump to page with historical data
121.500 2.9 0.6
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117.167 2.5 0.3
 

Other goods and services

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335.877 3.6 0.7
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345.598 3.7 0.5
 

Commodities

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180.861 7.0 0.3
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183.578 7.8 0.2

Services

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245.223 4.3 0.0
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243.819 4.4 0.0
 

All items less shelter

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210.487 6.5 0.2
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208.762 7.1 0.1

All items less medical care

Jump to page with historical data
204.519 5.6 0.1
Jump to page with historical data
203.345 6.0 0.1

Energy

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253.336 25.1 -0.7
Jump to page with historical data
255.223 25.8 -0.5

All items less energy

Jump to page with historical data
208.518 3.1 0.2
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204.256 3.0 0.2

All items less food and energy

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207.590 2.6 0.2
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202.331 2.4 0.2
 

South size A (more than 1,500,000)

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214.854 5.2 0.2
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213.579 5.5 0.1

South size B/C (50,000 to 1,500,000) (6)

Jump to page with historical data
135.093 5.3 0.1
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134.285 5.8 0.1

South size D (nonmetropolitan, less than 50,000)

Jump to page with historical data
215.258 7.1 0.3
Jump to page with historical data
216.762 7.7 0.3

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) Indexes for CPI-U on December 1982=100 base; CPI-W on a December 1984=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.
(6) Indexes on a December 1996=100 base.

South region includes the District of Columbia and the states of Alabama, Arkansas, Delaware, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, West Virginia.

Last Modified Date: October 16, 2008