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Consumer Price Index

CPI Home

January 2023 CPI weight update
  • Starting with January 2023 data, BLS updated 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 2 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.



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Latest Numbers


Consumer Price Index (CPI): +0.4% in Feb 2023 News Release Historical Data

Unemployment Rate: 3.6% in Feb 2023 News Release Historical Data

Payroll Employment: +311,000(p) in Feb 2023 News Release Historical Data

Average Hourly Earnings: +$0.08(p) in Feb 2023 News Release Historical Data

Producer Price Index - Final Demand: -0.1%(p) in Feb 2023 News Release Historical Data

Employment Cost Index (ECI): +1.0% in 4th Qtr of 2022 News Release Historical Data

Productivity: +1.7%(r) in 4th Qtr of 2022 News Release Historical Data

U.S. Import Price Index: -0.1% in Feb 2023 News Release Historical Data

U.S. Export Price Index: +0.2% in Feb 2023 News Release Historical Data

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News Releases

CPI for all items rises 0.4% in February as shelter increases


In February, the Consumer Price Index for All Urban Consumers increased 0.4 percent, seasonally adjusted, and rose 6.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.5 percent in February (SA); up 5.5 percent over the year (NSA).
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Next Release

March 2023 CPI data are scheduled to be released on April 12, 2023, at 8:30 A.M. Eastern Time.
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The Economics Daily

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College tuition and fees up 4.7 percent since February 2020

Decision time! It’s Spring and, if you’re a student, you may be deciding where to go to school next year. If you’re a parent, you may be helping your kids with that decision or picking a day care or preschool for your children. For many, cost plays an important role in these decisions. Prices for college tuition and fees increased 4.7 percent from February 2020 to February 2023. This increase was less than the increase of 15.7 percent in prices for all items over the same period. read more »

Monthly Labor Review

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Incorporating medical claims data in the Consumer Price Index

This article examines the possibility of including medical insurance claims data in the calculation of medical price indexes. read more »

Beyond the Numbers

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Getting less for the same price? Explore how the CPI measures “shrinkflation” and its impact on inflation

This Beyond the Numbers article examines product upsizing and downsizing and explores how these concepts affect measurements in the CPI. Read on to find out more about how the CPI captures these changes, which types of products experienced the most change between 2015-2021, and its impact on inflation. read more »

Spotlight on Statistics

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Inflation Experiences for Lower and Higher Income Households

This Spotlight presents consumer price indexes for groups of households at the lowest and highest end of the income distribution for urban households to examine how different spending patterns can change measures of inflation. read more »