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Consumer Price Index

CPI Home

January 2023 CPI weight update
  • Starting with January 2023 data, the BLS plans to update weights annually for the Consumer Price Index based on a single calendar year of data, using consumer expenditure data from 2021. This reflects a change from prior practice of updating weights biennially using two years of expenditure data.

The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.

Charts

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Latest Numbers

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Consumer Price Index (CPI): +0.1% in Aug 2022 News Release Historical Data

Unemployment Rate: 3.7% in Aug 2022 News Release Historical Data

Payroll Employment: +315,000(p) in Aug 2022 News Release Historical Data

Average Hourly Earnings: +$0.10(p) in Aug 2022 News Release Historical Data

Producer Price Index - Final Demand: -0.1%(p) in Aug 2022 News Release Historical Data

Employment Cost Index (ECI): +1.3% in 2nd Qtr of 2022 News Release Historical Data

Productivity: -4.1%(r) in 2nd Qtr of 2022 News Release Historical Data

U.S. Import Price Index: -1.0% in Aug 2022 News Release Historical Data

U.S. Export Price Index: -1.6% in Aug 2022 News Release Historical Data

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News Releases

CPI for all items rises 0.1% in August as shelter and food increase, gasoline falls

09/13/2022

In August, the Consumer Price Index for All Urban Consumers increased 0.1 percent, seasonally adjusted, and rose 8.3 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.6 percent in August (SA); up 6.3 percent over the year (NSA).
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Next Release

September 2022 CPI data are scheduled to be released on October 13, 2022, at 8:30 A.M. Eastern Time.
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Publications

The Economics Daily

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Prices for food at home up 13.5 percent for year ended August 2022

The Consumer Price Index for All Urban Consumers increased 8.3 percent for the year ended August 2022. Over that period, prices for food at home increased 13.5 percent, the largest 12-month percentage increase since the period ending March 1979. Prices for food away from home increased 8.0 percent for the year ended August 2022, the largest over-the-year percentage increase since an 8.4-percent increase in October 1981. read more »

Monthly Labor Review

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PPI and CPI seasonal adjustment during the COVID-19 pandemic

The CPI and PPI mitigated the effects of the COVID-19 pandemic on their seasonally adjusted price indexes. read more »

Beyond the Numbers

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Measuring consumer price change during economic downturns: a review of assumptions about consumer spending

During economic downturns, how do these measures help in analyzing price change, and what can we assume about consumption? This Beyond the Numbers article explores the final C-CPI-U during the Great Recession and the recession that occurred as a result of the COVID-19 pandemic. Additionally, the article evaluates consumer spending assumptions of the CPI-U and preliminary C-CPI-U during these recessionary periods to highlight challenges of lagged consumer spending data. read more »