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News Release Information

24-1395-ATL
Thursday, July 11, 2024

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

Consumer Price Index, Atlanta-Sandy Springs-Roswell — June 2024

Area prices up 2.6 percent over the past 12 months

The Consumer Price Index for All Urban Consumers (CPI-U) for Atlanta-Sandy Springs-Roswell rose 0.7 percent from April to June, the U.S. Bureau of Labor Statistics reported today. (See table A.) Regional Commissioner Victoria G. Lee noted that the bi-monthly all items increase was largely attributed to a seasonal increase in the electricity index. (Data in this report are not seasonally adjusted. Accordingly, bi-monthly changes may reflect the impact of seasonal influences.)

The all items CPI-U advanced 2.6 percent for the 12 months ending in June. (See chart 1 and table A.) The index for all items less food and energy rose 2.5 percent over the past year. The energy index and the food index also increased over the last 12 months, up 3.9 percent and 2.2 percent, respectively. (See table 1.)


Food

The food index rose 0.9 percent from April to June, led by a 1.2-percent increase in the food at home index. Five of the six major grocery store food group indexes increased over the two-month period, including a 2.8-percent increase in the index for other food at home. Other indexes with notable increases over the two-month period include meats, poultry, fish, and eggs (+1.2 percent) and dairy and related products (+2.8 percent). In contrast, the index for cereals and bakery products declined 1.7 percent over the same period.

The index for food away from home continued to increase over the bi-monthly period, up 0.4 percent.

The food index advanced 2.2 percent for the 12 months ending in June, primarily reflecting a 4.7-percent increase in the food away from home index. The food at home index also increased over the past year, up 0.6 percent. Four of the six major grocery store food group indexes increased over the last 12 months, including other food at home (+2.1 percent) and fruits and vegetables (+1.4 percent). In comparison, the indexes for cereals bakery products (-3.2 percent) and dairy and related products (-2.8 percent) declined over the past year.

Energy

The energy index advanced 5.6 percent from April to June, reflecting a 19.4-percent seasonal increase in the electricity index. In contrast, the index for gasoline declined 2.2 percent from April to June, as did the index for natural gas.

The energy index increased 3.9 percent for the 12 months ending in June, reflecting increases in the electricity (+5.1 percent), gasoline (+1.8 percent) and natural gas (+6.2 percent) indexes.

All items less food and energy

The index for all items less food and energy rose 0.2 percent from April to June, led by increases in the household furnishings and operations (+2.7 percent) and shelter (+0.2 percent) indexes. The indexes for owners’ equivalent rent and rent of primary residence also increased over the two-month period, up 0.5 percent and 0.3 percent, respectively.

The index for all items less food and energy advanced 2.5 percent for the 12 months ending in June. The shelter index (+3.3 percent) was the largest contributor as the indexes for owners’ equivalent (+4.9 percent) and rent of primary residence (+3.2 percent) also increased over the past year. In contrast, the index for used cars and trucks declined 11.0 percent over the past 12 months.

Table A. Atlanta-Sandy Springs-Roswell, GA, CPI-U 2-month and 12-month percent changes, all items index, not seasonally adjusted
Month 2020 2021 2022 2023 2024
2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month 2-month 12-month

February

0.8 2.9 1.6 2.4 2.3 10.6 1.5 7.2 1.3 3.3

April

-1.8 -0.3 1.6 6.0 1.9 10.8 0.5 5.8 0.3 3.1

June

1.1 0.9 1.8 6.7 2.4 11.5 1.2 4.6 0.7 2.6

August

1.2 0.7 1.1 6.6 1.3 11.7 1.1 4.4

October

0.3 1.2 1.5 7.9 0.5 10.7 -0.6 3.2

December

0.1 1.6 1.9 9.8 -0.5 8.1 -0.1 3.6

The Atlanta-Sandy Springs-Roswell Consumer Price Index for August 2024 is scheduled to be released on Wednesday, September 11, 2024, at 8:30 a.m. (ET).


Technical Note

The Consumer Price Index for Atlanta is published bi-monthly. 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, 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 Atlanta-Sandy Springs-Roswell, GA Core Based Statistical Area is comprised of Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Cobb, Coweta, Dawson, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Haralson, Heard, Henry, Jasper, Lamar, Meriwether, Morgan, Newton, Paulding, Pickens, Pike, Rockdale, Spalding, and Walton Counties in Georgia.

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
Atlanta-Sandy Springs-Roswell, GA (1982-84=100 unless otherwise noted)
Item and Group

Indexes Percent change from-
Apr.
2024
May
2024
Jun.
2024
Jun.
2023
Apr.
2024
May
2024

Expenditure category

All Items

310.836 - 313.010 2.6 0.7 -

All items (1967=100)

937.386 - 943.941 - - -

Food and beverages

322.418 - 325.313 2.2 0.9 -

Food

340.218 - 343.180 2.2 0.9 -

Food at home

306.665 311.975 310.421 0.6 1.2 -0.5

Cereals and bakery products

263.439 263.217 259.086 -3.2 -1.7 -1.6

Meats, poultry, fish, and eggs

356.039 362.246 360.473 1.3 1.2 -0.5

Dairy and related products

262.984 279.949 270.276 -2.8 2.8 -3.5

Fruits and vegetables

332.318 329.000 334.884 1.4 0.8 1.8

Nonalcoholic beverages and beverage materials(1)

348.456 357.971 349.084 1.8 0.2 -2.5

Other food at home

266.696 273.718 274.262 2.1 2.8 0.2

Food away from home

398.002 - 399.399 4.7 0.4 -

Alcoholic beverages

168.500 - 171.106 2.9 1.5 -

Housing

334.074 - 338.977 3.2 1.5 -

Shelter

381.489 383.869 382.394 3.3 0.2 -0.4

Rent of primary residence

404.693 405.671 405.754 3.2 0.3 0.0

Owners' equiv. rent of residences(2)

377.342 379.653 379.109 4.9 0.5 -0.1

Owners' equiv. rent of primary residence(2)

377.342 379.653 379.109 4.9 0.5 -0.1

Fuels and utilities

371.264 - 410.871 5.4 10.7 -

Household energy

313.587 318.258 355.826 5.6 13.5 11.8

Energy Services

312.350 316.990 355.956 5.8 14.0 12.3

Electricity

260.189 268.409 310.636 5.1 19.4 15.7

Utility (piped) gas service

391.665 377.970 383.067 6.2 -2.2 1.3

Household furnishings and operations

140.282 - 144.025 0.0 2.7 -

Apparel

161.488 - 160.034 5.6 -0.9 -

Transportation

284.453 - 283.189 2.5 -0.4 -

Private transportation

288.359 - 287.456 2.9 -0.3 -

New and used motor vehicles(3)

135.338 - 134.271 -5.6 -0.8 -

New vehicles(1)

302.685 - 301.409 -1.9 -0.4 -

Used cars and trucks(1)

265.399 - 268.712 -11.0 1.2 -

Motor fuel

300.436 301.404 293.823 2.0 -2.2 -2.5

Gasoline (all types)

298.735 299.745 292.151 1.8 -2.2 -2.5

Unleaded regular(4)

292.292 293.304 285.614 1.7 -2.3 -2.6

Unleaded midgrade(4)(5)

381.208 382.263 373.825 2.9 -1.9 -2.2

Unleaded premium(4)

328.108 329.074 322.452 3.3 -1.7 -2.0

Medical Care

- - - - - -

Recreation(3)

100.441 - 100.099 2.9 -0.3 -

Education and communication(3)

142.425 - 142.325 1.9 -0.1 -

Tuition, other school fees, and child care(1)

1,552.781 - 1,564.959 2.4 0.8 -

Other goods and services

513.346 - 514.809 5.4 0.3 -

Commodity and service group

All Items

310.836 - 313.010 2.6 0.7 -

Commodities

222.936 - 223.361 0.6 0.2 -

Commodities less food & beverages

177.275 - 176.815 -0.6 -0.3 -

Nondurables less food & beverages

230.650 - 229.304 3.1 -0.6 -

Durables

127.669 - 127.908 -4.6 0.2 -

Services

394.101 - 397.932 3.8 1.0 -

Special aggregate indexes

All items less medical care

299.857 - 302.078 3.0 0.7 -

All items less shelter

286.308 - 289.132 2.2 1.0 -

Commodities less food

176.597 - 176.219 -0.5 -0.2 -

Nondurables

271.906 - 272.427 2.7 0.2 -

Nondurables less food

224.492 - 223.386 3.1 -0.5 -

Services less rent of shelter(2)

420.299 - 428.670 4.4 2.0 -

Services less medical care services

380.214 - 384.314 4.6 1.1 -

Energy

281.042 283.572 296.660 3.9 5.6 4.6

All items less energy

313.607 - 314.575 2.5 0.3 -

All items less food and energy

309.633 - 310.306 2.5 0.2 -

Footnotes
(1) Index is on a December 1977=100 base.
(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.
NOTE: Index applies to a month as a whole, not to any specific date. Data not seasonally adjusted.

 

Last Modified Date: Thursday, July 11, 2024