The inflation rate for the Retail Price Index (RPI) in the United Kingdom was 3.4 percent in February 2025, down from 3.6 percent in the previous month. From 2021 onwards, prices in the UK rose rapidly, with the RPI inflation rate peaking at 14.2 percent in October 2022. Although inflation fell in subsequent months, it wasn't until July 2023 that inflation fell below double digits, and as of late 2024, the RPI rate was still above three percent. The CPI and CPIH While the retail price index is still a popular method of calculating inflation, the consumer price index (CPI) is the current main measurement of inflation in the UK. There is also an additional price index, which includes some extra housing costs, known as the Consumer Price Index including homer occupiers' costs (CPIH) index, which is seen by the UK's Office of National Statistics as the official inflation rate. As of December 2024, the CPI inflation rate stood at 2.5 percent, while the CPIH rate was 3.5 percent. Core inflation down in 2024 Another way of measuring inflation is to strip out the volatility of energy and food prices and look at the underlying core inflation rate. As of December 2024, this was 3.2 percent, slightly higher than the overall CPI rate, but more aligned with the overall figure than it was in 2022 and 2023. When inflation peaked at 11.2 percent in October 2022, for example, core inflation stood at just 6.5 percent. After energy prices in 2023 fell relative to 2022, the overall inflation rate in the UK declined quite rapidly, with core inflation overtaking the overall rate in July 2023. During the most recent period of high inflation, core inflation peaked at 7.1 percent in May 2023, and while taking longer to fall than the overall figure, has generally been declining since then.

The Retail Price Index (RPI) is one of the main measures of inflation used to calculate the change in the price of goods and services within the British economy. In the fourth quarter of 2024 the index value was 391.2, indicating that the price for a fixed basket of goods had increased by more than 391 percent since 1987. The RPI inflation rate for December 2024 was 3.5 percent, down from 3.6 percent in the previous month. Inflation and UK living standards For UK consumers, high inflation is one of the main drivers of the ongoing cost of living crisis. With wages struggling to keep up with the pace of inflation for a long period between 2021 and 2023, UK households saw their living standards fall significantly. In 2022/23, real household disposable income in the UK is estimated to have fallen by 2.1 percent, which was the biggest fall in living standards since 1956. While there have been some signals that the crisis eased somewhat in 2024, such as falling energy and food inflation, an increasing share of UK households have reported increasing living costs since Summer 2024. Additional inflation indicators Aside from the Retail Price Index, the UK also produces other inflation indices such as the Consumer Price Index (CPI) and the Consumer Price Index including owner occupiers' housing costs (CPIH). While these particular indices measure consumer price increases slightly differently, they both provide an overall picture of rising prices. More specific inflation rates, such as by sector, are also produced, while other indices omit certain items, such as core inflation, which excludes food and energy inflation, to provide a more stable measure of inflation.

Price quote data (for locally collected data only) and consumption segment indices that underpin consumer price inflation statistics, giving users access to the detailed data that are used in the construction of the UK’s inflation figures. The data are being made available for research purposes only and are not an accredited official statistic. From October 2024, private school fees and part-time education classes have been included in the consumption segment indices file. For more information on the introduction of consumption segments, please see the Consumer Prices Indices Technical Manual, 2019. Note that this dataset was previously called the consumer price inflation item indices and price quotes dataset.

United States - Consumer Price Index for All Urban Consumers: All Items in U.S. City Average was 275.70300 Index 1982-84=100 in July of 2021, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: All Items in U.S. City Average reached a record high of 275.70300 in July of 2021 and a record low of 102.90000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: All Items in U.S. City Average - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in New York-Newark-Jersey City, NY-NJ-PA (CBSA) (CUURA101SA0L1E) from Jan 1982 to Feb 2025 about CT, core, NJ, New York, PA, NY, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Monthly indexes and percentage changes for major components and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.

In 2024, the Consumer Price Index (CPI) of all items in Japan stood at 108.5 index points, up from 105.6 points in the previous year. The lowest price level in the past 20 years was recorded in 2011 and 2012, with a CPI of 94.5. What is the CPI? The CPI is a price index that measures the average price development of a set basket of goods and services purchased by households. Annual or monthly changes in the index are referred to as the inflation rate. In 2023, Japan recorded the highest inflation rate since 1982. Inflation slowed in 2024, reaching 2.7 percent. Culture and recreation was the category with the highest price level increase, followed by food. Japan’s core inflation, excluding volatile fresh food prices, stood at 2.5 percent. Producer price indices in Japan The producer price index (PPI) measures the price development of goods traded between businesses. At the same time, the services producer price index (SPPI) covers the price development of service products that are provided by businesses to other businesses and the central and local governments of Japan. Both the PPI and SSPI rose to a decade high in 2024. Producer price indices can serve as an early indicator of price developments in an economy before prices are passed on to consumers.

In January 2025, the unadjusted consumer price index (CPI) of all items for urban consumers in the United States amounted to about 317.67. The data represents U.S. city averages. The base period was 1982-84=100. The CPI is defined by the United States Bureau of Labor Statistics as “a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services”. The annual consumer price index for urban consumers in the U.S. can be accessed here. Consumer Price Index The Consumer Price Index (CPI) began in 1919 under the Bureau of Labor Statistics and is published every month. The CPI for all urban consumers includes urban households in Metropolitan Statistical Areas and regions with over 2,500 inhabitants, as well as non-farm consumers living in rural regions. This index was established in 1978 and includes about 80 percent of the U.S. population. The monthly CPI of urban consumers in the United States increased from 292.3 in May 2022 to 304.13 in 2023. Inflation tends not to impact everyone equally for a variety of reasons, including geography - CPI often differs between regions, with a high of 287.49 in the Western region as of 2021. There are also disparities in inflation between income quartiles, in which inflation is generally felt more heavily by lower income households. The annual CPI in the United States has increased steadily over the past two decades, from 140.3 in 1992 to 292.56 in 2022. A forecast of the CPI expects this positive trend to continue, reaching 325.6 by 2027. As of March 2023, the CPI of the nation’s education had increased by 3.5 percent. Further, in the same month costs of recreation, rent, housing, medical care, and food and beverages, gasoline, and transportation increased. Comparatively, the CPI in Hong Kong reached 103.3 in 2022.

In 2023, the U.S. Consumer Price Index was 309.42, and is projected to increase to 352.27 by 2029. The base period was 1982-84. The monthly CPI for all urban consumers in the U.S. can be accessed here. After a time of high inflation, the U.S. inflation rateis projected fall to two percent by 2027. United States Consumer Price Index ForecastIt is projected that the CPI will continue to rise year over year, reaching 325.6 in 2027. The Consumer Price Index of all urban consumers in previous years was lower, and has risen every year since 1992, except in 2009, when the CPI went from 215.30 in 2008 to 214.54 in 2009. The monthly unadjusted Consumer Price Index was 296.17 for the month of August in 2022. The U.S. CPI measures changes in the price of consumer goods and services purchased by households and is thought to reflect inflation in the U.S. as well as the health of the economy. The U.S. Bureau of Labor Statistics calculates the CPI and defines it as, "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." The BLS records the price of thousands of goods and services month by month. They consider goods and services within eight main categories: food and beverage, housing, apparel, transportation, medical care, recreation, education, and other goods and services. They aggregate the data collected in order to compare how much it would cost a consumer to buy the same market basket of goods and services within one month or one year compared with the previous month or year. Given that the CPI is used to calculate U.S. inflation, the CPI influences the annual adjustments of many financial institutions in the United States, both private and public. Wages, social security payments, and pensions are all affected by the CPI.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in Northeast (CUUR0100SA0L1E) from Dec 1977 to Feb 2025 about core, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

This statistic shows the consumer price index for all items and all items less medical care in the United States from 1960 to 2012. In 2000, the CPI for all items was at 172.2, compared to the period from 1982 to 1984 (= 100).

United States - Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in South - Size Class A was 323.19200 Index 1982-1984=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in South - Size Class A reached a record high of 323.19200 in January of 2025 and a record low of 93.80000 in February of 1982. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in South - Size Class A - last updated from the United States Federal Reserve on March of 2025.

In 2024, the consumer price index (CPI) was 315.61. Data represents U.S. city averages. The monthly inflation rate for the United States can be found here. United States urban Consumer Price Index (CPI) The U.S. Consumer Price Index is a measure of change in the price of consumer goods and services purchased by households. The CPI is defined by the United States Bureau of Labor Statistics as "a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services." To calculate the CPI, the Bureau of Labor Statistics considers the price of goods and services from various categories: housing, transportation, apparel, food & beverage, medical care, recreation, education and other/uncategorized. The CPI is a useful measure, as it indicates how the cost of urban living in the United States has changed over time, compared to a base period. CPI is also used to calculate inflation, or change in the purchasing power of money. According to the U.S. Bureau of Labor Statistics, the U.S. urban CPI has been rising steadily since 1992. As of 2023, the CPI was 304.7, up from 233 ten years earlier and up from 184 twenty years earlier. This indicates the extent to which, compared to a base period 1982-1984 = 100, the price of various goods and services has risen.

United States - Consumer Price Index for All Urban Consumers: All Items Less Shelter in U.S. City Average was 287.65300 Index 1982-84=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: All Items Less Shelter in U.S. City Average reached a record high of 287.65300 in February of 2025 and a record low of 23.20000 in January of 1947. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: All Items Less Shelter in U.S. City Average - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items Less Shelter in Size Class B/C (CUURX000SA0L2) from Dec 1997 to Feb 2025 about shelter, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

United States - Consumer Price Index for All Urban Consumers: All Items in Midwest - Size Class A was 256.48700 Index 1982-1984=100 in July of 2021, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: All Items in Midwest - Size Class A reached a record high of 256.48700 in July of 2021 and a record low of 102.80000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: All Items in Midwest - Size Class A - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items in South - Size Class D (DISCONTINUED) (CUURD300SA0) from Dec 1977 to Dec 2017 about south, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items in Northeast - Size Class A (CUURA100SA0) from Dec 1977 to Feb 2025 about all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

United States - Consumer Price Index for All Urban Consumers: All Items Less Medical Care in Midwest - Size Class B/C was 158.47400 Index Dec 1997=100 in July of 2021, according to the United States Federal Reserve. Historically, United States - Consumer Price Index for All Urban Consumers: All Items Less Medical Care in Midwest - Size Class B/C reached a record high of 158.47400 in July of 2021 and a record low of 100.70000 in January of 1998. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Consumer Price Index for All Urban Consumers: All Items Less Medical Care in Midwest - Size Class B/C - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items in South - Size Class B/C (CUURX300SA0) from Dec 1996 to Feb 2025 about south, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.