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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.

Notices

  • Consumer Price Index and some average price data in the Midwest region, Size class A, Midwest Size Class A, East North Central and Chicago areas for June through September 2022 and in the Miami area for only September 2022 were recently updated in the database. These data were corrected on 11/21/2022. For more information, see the errata page. Read More »

Charts

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Latest Numbers

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Consumer Price Index (CPI): +0.4% in Oct 2022 News Release Historical Data

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

Payroll Employment: +263,000(p) in Nov 2022 News Release Historical Data

Average Hourly Earnings: +$0.18(p) in Nov 2022 News Release Historical Data

Producer Price Index - Final Demand: +0.2%(p) in Oct 2022 News Release Historical Data

Employment Cost Index (ECI): +1.2% in 3rd Qtr of 2022 News Release Historical Data

Productivity: +0.8%(r) in 3rd Qtr of 2022 News Release Historical Data

U.S. Import Price Index: -0.2% in Oct 2022 News Release Historical Data

U.S. Export Price Index: -0.3% in Oct 2022 News Release Historical Data

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News Releases

CPI for all items rises 0.4% in October as shelter, gasoline, and food increase

11/10/2022

In October, the Consumer Price Index for All Urban Consumers increased 0.4 percent, seasonally adjusted, and rose 7.7 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in October (SA); up 6.3 percent over the year (NSA).
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Next Release

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

The Economics Daily

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Consumer prices up 7.7 percent over year ended October 2022

The Consumer Price Index for All Urban Consumers increased 7.7 percent from October 2021 to October 2022. The increase of 7.7 percent from October 2021 to October 2022 was the smallest 12-month advance since January 2022. read more »

Beyond the Numbers

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Exploring price increases in 2021 and previous periods of inflation

Measures of price change in the U.S. recently experienced the largest period of inflation since 2008. Ongoing complications of the coronavirus pandemic contributed to this. In 2021, a semiconductor shortage caused decreased production in a variety of industries. Port congestion resulted in product delivery delays and to substantial supply shortfalls, causing upward price pressure. To gain perspective on recent trends, this article turns to past periods of high inflation. read more »

Spotlight on Statistics

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Housing Leases in the U.S. Rental Market

According to the 2019 American Community Survey, more than 44 million households in the United States are renters. Renting a home can provide flexibility for those who might expect to move in the near future. Owners of rental properties may require tenants to sign a lease to rent a housing unit. Leases commonly define how long the tenant can occupy the unit, how much rent is due each month, and any penalties for late payments or terminating a lease early. 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 »