Consumer Price Index - September 2023

Transmission of material in this release is embargoed until 8:30 am (ET) October 12, 2023

Top Takeaways

1-month percent change, September 2023

+0.4%

CPI-U, all items, seasonally adjusted

12-month percent change, September 2023

+3.7%

CPI-U, all items, not seasonally adjusted

Headline

CPI for all items rises 0.4% in September; shelter up

CPI-U, 1-month changes, seasonally adjusted

CPI, 1-month percent change, seasonally adjusted, September 2020 to September 2023
Month	All items	Food	Energy	All items less food and energy
Sept 2020	0.2%	0.1%	1.5%	0.2%
Oct 2020	0.1%	0.2%	-0.3%	0.1%
Nov 2020	0.2%	0.0%	0.0%	0.2%
Dec 2020	0.5%	0.4%	4.9%	0.1%
Jan 2021	0.2%	0.2%	2.8%	0.0%
Feb 2021	0.4%	0.1%	3.9%	0.1%
Mar 2021	0.5%	0.1%	3.5%	0.3%
Apr 2021	0.7%	0.3%	0.2%	0.8%
May 2021	0.7%	0.4%	0.3%	0.7%
June 2021	0.8%	0.7%	1.5%	0.7%
July 2021	0.4%	0.6%	1.7%	0.3%
Aug 2021	0.4%	0.4%	2.8%	0.2%
Sept 2021	0.4%	0.9%	1.5%	0.3%
Oct 2021	0.9%	0.9%	3.6%	0.7%
Nov 2021	0.8%	0.8%	2.6%	0.6%
Dec 2021	0.8%	0.6%	2.4%	0.7%
Jan 2022	0.6%	0.8%	0.8%	0.6%
Feb 2022	0.7%	1.0%	2.7%	0.5%
Mar 2022	1.0%	0.9%	8.2%	0.3%
Apr 2022	0.4%	0.8%	-1.0%	0.5%
May 2022	0.9%	1.1%	3.4%	0.6%
June 2022	1.2%	1.0%	6.9%	0.6%
July 2022	0.0%	1.1%	-4.7%	0.3%
Aug 2022	0.2%	0.8%	-3.9%	0.6%
Sept 2022	0.4%	0.8%	-1.7%	0.6%
Oct 2022	0.5%	0.7%	1.7%	0.3%
Nov 2022	0.2%	0.6%	-1.4%	0.3%
Dec 2022	0.1%	0.4%	-3.1%	0.4%
Jan 2023	0.5%	0.5%	2.0%	0.4%
Feb 2023	0.4%	0.4%	-0.6%	0.5%
Mar 2023	0.1%	0.0%	-3.5%	0.4%
Apr 2023	0.4%	0.0%	0.6%	0.4%
May 2023	0.1%	0.2%	-3.6%	0.4%
June 2023	0.2%	0.1%	0.6%	0.2%
July 2023	0.2%	0.2%	0.1%	0.2%
Aug 2023	0.6%	0.2%	5.6%	0.3%
Sept 2023	0.4%	0.2%	1.5%	0.3%

All items and selected categories

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent in September after increasing 0.6 percent in August.
The index for shelter, which rose 0.6 percent, accounted for over half of the monthly all items increase.
The energy index increased 1.5 percent in September.
The food index increased 0.2 percent in September.
The index for all items less food and energy increased 0.3 percent in September.

Food CPI, 1-month percent change, seasonally adjusted, September 2023
Item	Percent change
Food at home	0.1%
Other food at home	0.3%
Meats, poultry, fish, and eggs	0.5%
Fruits and vegetables	0.0%
Cereals and bakery products	-0.4%
Nonalcoholic beverages	0.0%
Dairy and related products	0.1%
Food away from home	0.4%
Full service meals	0.4%
Limited service meals	0.4%

Food

The index for food increased 0.2 percent in September following an increase of 0.2 percent in August.
The index for food at home increased 0.1 percent in September after increasing 0.2 percent in August.
Three of the six major grocery store food group indexes increased over the month.
The index for food away from home increased 0.4 percent in September following an increase of 0.3 percent in August.

Energy CPI, 1-month percent change, seasonally adjusted, September 2023
Item	Percent change
Energy	1.5%
Gasoline	2.1%
Electricity	1.3%
Natural gas	-1.9%

Energy

The energy index increased 1.5 percent in September as gasoline increased, electricity increased, fuel oil increased, and natural gas decreased.
The gasoline index increased 2.1 percent in September following an increase of 10.6 percent in August.
Before seasonal adjustment, gasoline prices increased 0.6 percent in September.
The electricity index increased 1.3 percent in September after increasing 0.2 percent in August.
The index for natural gas decreased 1.9 percent in September after increasing 0.1 percent in August.

All items less food and energy CPI, 1-month percent change, seasonally adjusted, September 2023
Item	Percent change
All items less food and energy	0.3%
Shelter	0.6%
Apparel	-0.8%
New vehicles	0.3%
Used cars and trucks	-2.5%
Medical care	0.2%
Recreation	0.4%
Education	0.3%
Communication	0.0%

All items less food and energy

The index for all items less food and energy increased 0.3 percent in September following an increase of 0.3 percent in August.
The shelter index increased 0.6 percent in September as the index for owners' equivalent rent increased 0.6 percent, and rent increased 0.5 percent.
The lodging away from home index increased 3.7 percent in September, ending a string of 3 consecutive monthly decreases.
The index for new vehicles increased 0.3 percent in September following an increase of 0.3 percent in August.
The index for medical care increased 0.2 percent in September following an increase of 0.2 percent in August.
The index for used cars and trucks decreased 2.5 percent in September following a decrease of 1.2 percent in August.

CPI-U, 12-month changes, not seasonally adjusted

CPI, 12-month percent change, not seasonally adjusted, September 2020 to September 2023
Month	All items	Food	Energy	All items less food and energy
Sept 2020	1.4%	3.9%	-7.7%	1.7%
Oct 2020	1.2%	3.9%	-9.2%	1.6%
Nov 2020	1.2%	3.7%	-9.4%	1.6%
Dec 2020	1.4%	3.9%	-7.0%	1.6%
Jan 2021	1.4%	3.8%	-3.6%	1.4%
Feb 2021	1.7%	3.6%	2.4%	1.3%
Mar 2021	2.6%	3.5%	13.2%	1.6%
Apr 2021	4.2%	2.4%	25.1%	3.0%
May 2021	5.0%	2.2%	28.5%	3.8%
June 2021	5.4%	2.4%	24.5%	4.5%
July 2021	5.4%	3.4%	23.8%	4.3%
Aug 2021	5.3%	3.7%	25.0%	4.0%
Sept 2021	5.4%	4.6%	24.8%	4.0%
Oct 2021	6.2%	5.3%	30.0%	4.6%
Nov 2021	6.8%	6.1%	33.3%	4.9%
Dec 2021	7.0%	6.3%	29.3%	5.5%
Jan 2022	7.5%	7.0%	27.0%	6.0%
Feb 2022	7.9%	7.9%	25.6%	6.4%
Mar 2022	8.5%	8.8%	32.0%	6.5%
Apr 2022	8.3%	9.4%	30.3%	6.2%
May 2022	8.6%	10.1%	34.6%	6.0%
June 2022	9.1%	10.4%	41.6%	5.9%
July 2022	8.5%	10.9%	32.9%	5.9%
Aug 2022	8.3%	11.4%	23.8%	6.3%
Sept 2022	8.2%	11.2%	19.8%	6.6%
Oct 2022	7.7%	10.9%	17.6%	6.3%
Nov 2022	7.1%	10.6%	13.1%	6.0%
Dec 2022	6.5%	10.4%	7.3%	5.7%
Jan 2023	6.4%	10.1%	8.7%	5.6%
Feb 2023	6.0%	9.5%	5.2%	5.5%
Mar 2023	5.0%	8.5%	-6.4%	5.6%
Apr 2023	4.9%	7.7%	-5.1%	5.5%
May 2023	4.0%	6.7%	-11.7%	5.3%
June 2023	3.0%	5.7%	-16.7%	4.8%
July 2023	3.2%	4.9%	-12.5%	4.7%
Aug 2023	3.7%	4.3%	-3.6%	4.3%
Sept 2023	3.7%	3.7%	-0.5%	4.1%

All items and selected categories

Over the last 12 months, the Consumer Price Index for All Urban Consumers (CPI-U) increased 3.7 percent before seasonal adjustment to an index level of 307.789.
The food index increased 3.7 percent over the year.
The energy index decreased 0.5 percent over the year.
The index for all items less food and energy increased 4.1 percent over the year.

Food CPI, 12-month percent change, not seasonally adjusted, September 2022 to September 2023
Item	Percent change
Food at home	2.4%
Other food at home	4.2%
Meats, poultry, fish, and eggs	0.2%
Fruits and vegetables	0.8%
Cereals and bakery products	4.8%
Nonalcoholic beverages	4.0%
Dairy and related products	-0.2%
Food away from home	6.0%
Full service meals	5.1%
Limited service meals	6.4%

Food

Over the last 12 months, the index for food increased 3.7 percent.
The index for food at home increased 2.4 percent over the year; 5 major grocery store food groups increased, and 1 major grocery store food group decreased.
The dairy and related products index decreased 0.2 percent over the last year and was the only major grocery store food group index to decline.
The index for food away from home increased 6.0 percent over the year. The index for full service meals increased 5.1 percent, and the index for limited service meals increased 6.4 percent.

Energy CPI, 12-month percent change, not seasonally adjusted, September 2022 to September 2023
Item	Percent change
Energy	-0.5%
Gasoline	3.0%
Electricity	2.6%
Natural gas	-19.9%

Energy

Over the last 12 months, the energy index decreased 0.5 percent.
The gasoline index increased 3.0 percent over the year.
The index for electricity increased 2.6 percent over the year.
The natural gas index decreased 19.9 percent over the year.

All items less food and energy CPI, 12-month percent change, not seasonally adjusted, September 2022 to September 2023
Item	Percent change
All items less food and energy	4.1%
Shelter	7.2%
Apparel	2.3%
New vehicles	2.5%
Used cars and trucks	-8.0%
Medical Care	-1.4%
Recreation	3.9%
Education	2.9%
Communication	-0.1%

All items less food and energy

Over the last 12 months, the index for all items less food and energy increased 4.1 percent.
The shelter index increased 7.2 percent over the year.
The motor vehicle insurance index increased 18.9 percent over the last year.
The recreation index increased 3.9 percent over the last year.
The personal care index increased 6.1 percent over the last year.
The new vehicles index increased 2.5 percent over the year.
The used cars and trucks index decreased 8.0 percent over the year.
The medical care index decreased 1.4 percent over the year.

Additional Measures

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 3.6 percent over the last 12 months to an index level of 302.257. For the month, the index increased 0.2 percent prior to seasonal adjustment.
The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 3.7 percent over the last 12 months. For the month, the index increased 0.2 percent on a not seasonally adjusted basis. Please note that the indexes for the past 10 to 12 months are subject to revision.

Additional Information

Contact Information

Technical information:
- (202) 691-7000; cpi_info@bls.gov; www.bls.gov/cpi
Media contact:
- (202) 691-5902; PressOffice@bls.gov

Next Release

November 14, 2023 at 8:30 am (ET)

What are Consumer Price Indexes?

Consumer Price Indexes (CPI) measure 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.