Showing posts with label Georgia gasoline costs. Show all posts
Showing posts with label Georgia gasoline costs. Show all posts

Wednesday, December 14, 2022

Atlanta area consumers continued to see higher food costs in November

Consumers in the metropolitan Atlanta area continued to experience larger than national increases in their costs for food at home in November, according to new information released by the U.S. Bureau of Labor Statistics. Costs for shelter and gasoline in the Atlanta area moved similarly to comparative indexes nationwide.

The U.S. Bureau of Labor Statistics publishes a full list of changes in consumer prices for all urban consumers in the Atlanta-Sandy Springs-Roswell, Ga., area, not seasonally adjusted, (CPI-U Atlanta) for even-numbered months and publishes a partial list including changes in consumer prices for food at home, shelter, and gasoline in odd-numbered months (January, March, May, July, September, and November).

Food at home

In November, costs for food rose 0.9% in the Atlanta area. The increase comes after there was no recorded increase in food costs in October. Over the 12 months ending in November, food at home costs rose 15.0%. For the nation, food at home costs were unchanged over the month and increased 12.0% for the 12 months ending in November.

Shelter

Costs for shelter in the Atlanta area rose 0.5% in November after increasing 0.7% the prior month. Over the past year, shelter costs have increased 12.9%. Nationally, shelter costs rose 0.6% in November and had risen 7.1% over the past year.

The CPI index for shelter includes costs incurred by both homeowners and renters and also includes costs for lodging away from home and tenants’ and household insurance.

Gasoline

Gasoline prices declined for the fifth consecutive month, dropping 3.2% in November. For the year, gasoline prices have declined 3.7%. Consumers in the Atlanta area continue to benefit from a suspension of the state’s motor fuel tax, which will continue at least into January according to the State of Georgia.

Nationwide, gasoline costs dropped 3.6% over the month and have risen 10.1% over the past 12 months.