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1. One example of the localized Atlanta/Sandy Springs/Roswell CPI that is performing better than the national CPI is the index for all items less food
1. One example of the localized Atlanta/Sandy Springs/Roswell CPI that is performing better than the national CPI is the index for all items less food and energy, also known as the core CPI. According to the data from the U.S. Bureau of Labor Statistics, the core CPI for Atlanta-Sandy Springs-Roswell rose 3.9 percent over the year ending in August 2023, while the core CPI for the U.S. increased 4.0 percent over the same period. This means that the prices of goods and services excluding food and energy increased at a slower rate in the Atlanta area than in the nation as a whole. Based on the October data, I think the November data will show a similar trend for both local and national CPIs. The core CPI for Atlanta-Sandy Springs-Roswell increased 0.6 percent from June to August 2023, while the core CPI for the U.S. increased 0.2 percent in October 2023. This suggests that the inflationary pressures in the Atlanta area are still higher than in the national level, but not by a large margin. Therefore, I expect the core CPI for Atlanta-Sandy Springs-Roswell to continue to perform better than the national core CPI, but the gap may narrow slightly
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