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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.
12-month percentage change, Consumer Price Index, selected categories, October 2023, not seasonally adjusted
Category
12-month percent change, Oct 2023
All items
3.2%
Food
3.3%
Food at home
2.1%
Cereals and bakery products
4.2%
Meats, poultry, fish, and eggs
0.4%
Dairy and related products
-0.4%
Fruits and vegetables
1.1%
Nonalcoholic beverages and beverage materials
3.3%
Other food at home
3.6%
Food away from home
5.4%
Full service meals and snacks
4.3%
Limited service meals and snacks
6.2%
Energy
-4.5%
Energy commodities
-6.2%
Fuel oil
-21.4%
Gasoline (all types)
-5.3%
Energy services
-2.3%
Electricity
2.4%
Natural gas (piped)
-15.8%
All items less food and energy
4.0%
Commodities less food and energy commodities
0.1%
Apparel
2.6%
New vehicles
1.9%
Used cars and trucks
-7.1%
Medical care commodities
4.7%
Alcoholic beverages
3.7%
Tobacco and smoking products
7.2%
Services less energy services
5.5%
Shelter
6.7%
Rent of primary residence
7.2%
Owners' equivalent rent of residences
6.8%
Medical care services
-2.0%
Physicians' services
-1.2%
Hospital services
Transportation services
9.2%
Motor vehicle maintenance and repair
9.6%
Motor vehicle insurance
19.2%
Airline fare
-13.2%
Consumer Price Index (CPI):
unchanged in Oct 2023
Unemployment Rate:
3.9% in Oct 2023
Payroll Employment:
+150,000(p) in Oct 2023
Average Hourly Earnings:
+$0.07(p) in Oct 2023
Producer Price Index - Final Demand:
-0.5%(p) in Oct 2023
Employment Cost Index (ECI):
+1.1% in 3rd Qtr of 2023
Productivity:
+4.7% in 3rd Qtr of 2023
U.S. Import Price Index:
-0.8% in Oct 2023
U.S. Export Price Index:
-1.1% in Oct 2023
11/14/2023
In October, the Consumer Price Index for All Urban Consumers was unchanged, seasonally
adjusted, and rose 3.2 percent over the last 12 months, not seasonally adjusted. The index for all
items less food and energy increased 0.2 percent in October (SA); up 4.0 percent over the year (NSA).
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