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.
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.
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High Frequency Indicator: The dataset contains year-, month- and item-wise compiled data from the year 2015 to till date on inflation rates of different singular and combined items. These include food items such as rice, chicken, suwai, bajra, meat, vegetables, and others things, clothing items such as dhoti, saree, shawl, shirts, pants, fuels such as petrol, diesel, kerosene, LPG, coal, amenities such as air coolers, air conditioners. washing machines, bathroom and sanitary items, furniture, washing machine, and other items such as medical, motor, transport, telecommunication, electronic and other items
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Source: SINGAPORE DEPARTMENT OF STATISTICS
Data Last Updated: 23/01/2025
Update Frequency: Annual
Footnotes: The weighting pattern of the Consumer Price Index (CPI) was derived from the expenditure values collected from the 2017/18 Household Expenditure Survey (HES) and updated to 2019 values by taking into account price changes between 2017/18 and 2019. For more information on the CPI rebasing, refer to the Information Paper 'Rebasing of the Consumer Price Index (2019 as Base Year)' (https://www.singstat.gov.sg/-/media/files/publications/economy/ip-e48.pdf).
Adapted from: https://tablebuilder.singstat.gov.sg/table/TS/M212931
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.
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South Korea Consumer Price Index (CPI): Local Source Base Year: All Items data was reported at 112.880 2020=100 in Dec 2023. This records an increase from the previous number of 112.133 2020=100 for Sep 2023. South Korea Consumer Price Index (CPI): Local Source Base Year: All Items data is updated quarterly, averaging 49.919 2020=100 from Mar 1965 (Median) to Dec 2023, with 236 observations. The data reached an all-time high of 112.880 2020=100 in Dec 2023 and a record low of 2.531 2020=100 in Mar 1965. South Korea Consumer Price Index (CPI): Local Source Base Year: All Items data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s South Korea – Table KR.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The Consumer price index is produced by collecting the prices of goods and services and its result is used as basic data for government financial policies and as deflator of other economic indices, such as Household Income & Expenditure and National Account. Type of prices: Actual transaction prices exclude abnormal prices such as temporarily irregular prices caused by disaster or similar conditions, discounts due to volume transactions, goods sold on an installment basis and second-hand articles. Tax: Sales taxes are included. Method of collection: Most collection is done by personal visit and some are collected centrally for items such as electric charges, whose prices are the same throughout the country. Rents are collected from households as part of the LFS (Labor Force Survey). Treatment of rentals for housing: the index includes a measure of rentals for housing. Treatment of Owner-occupied housing: It is not included in the CPI main index but it is provided as a complementary index. Treatment of missing prices: When a price observation is temporarily unavailable in a given month, its price is imputed by the price movements of similar products of the same item in the same geographic area. Treatment of quality changes: For minor quality differences (such as changes in packaging, style,...) a direct adjustment for the price difference is applied. For significant quality differences, the splicing (overlap) method is used. Introduction of new products: New items are introduced at the time weights are updated. it means once every five years. Selection of replacement items: When a specific variety is permanently unavailable in an outlet, another product in the same outlet that most closely meets the specifications of the previous variety is selected as a replacement. Treatment of seasonal items: For items such as fresh fish, fruit, and vegetables that are not available on the market during the off-season, the last available prices are used to calculate the index until new prices are available.; Index series starts in January 1951
Annual indexes for major components and special aggregates of the Consumer Price Index (CPI), for Canada, provinces, Whitehorse, Yellowknife and Iqaluit. Data are presented for the last five years. The base year for the index is 2002=100.
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Consumer price indices all households. Index figures Consumer goods. (base year 2000=100) 2000 - 2006; January 2000 - December 2006 Changed on February 14 2007. Frequency: Discontinued.
In 2023, the consumer price index (CPI) for all items in Vietnam was at 183.1 points, with 2010 as the base year (2010=100). The consumer price index indicates changes in the price of a weighted average market basket of consumer goods and services purchased by households.
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Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data was reported at 107.900 2020=100 in Dec 2022. This records a decrease from the previous number of 109.933 2020=100 for Sep 2022. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data is updated quarterly, averaging 104.367 2020=100 from Mar 1985 (Median) to Dec 2022, with 152 observations. The data reached an all-time high of 114.900 2020=100 in Sep 1999 and a record low of 10.633 2020=100 in Mar 1985. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The CPI measures the change in prices which consumer pay for fixed market basket of consumption goods and services. Price coverage: Prices include applicable taxes (VAT) and fees on the products at the time of sale. Cash payments are the basis for the price survey. Monthly installment payment and credit card interest are excluded. Price collection procedure: The data collection methods are adapted according to the specific characteristics of the CPI classes. The main price surveys are: Computer Assisted Telephone Interviews (CATI), conducted by the CBS staff at the central office; Computer Assisted Personal Interviews (CAPI) by field collectors with handheld personal computers (HPC) and Direct Data Entry (DDE) into the database. Also for some special items Internet is used either in parallel with CAPI or as a part of DDE collection. The CPI includes a measure of rented housing Owner Occupied Housing (OOH) is included in the CPI and is calculated using rental equivalent method. The method for imputation of OOH is based on stratified average prices of contracts that are subject to renewal. In order to reduce variance in the monthly series, two month moving averages are compared each month. However, the method for OOH still leaves room for quality differences to play role in month-to-month average price changes. The method relies on successful stratification of apartments to groups whose relative price changes are as similar as possible. While the stratification is based on apartment location and number of rooms, some quality characteristics may experience month-to-month variation. Treatment of own account production is not included Goods and services sold illegally, second hand goods, goods and services partially or totally subsidized by the government and financial transactions are not included. Insurance: Insurance of personal transport and Health insurance (private and provided by the Government) are included. Treatment of missing items: Price changes for missing observations are imputed based on the price movements of other observations of the same item. Selection of replacement items: Products that become permantely unavailable are replaced in the sample and enumerators select a replacement possessing as many of the same quality characteristics as possible. Prices from previous period are sought for the replacement item for linking purpose. Treatment of quality change: There are two types of replacement approach: comparable and non-comparable. If a new product possesses the previously defined important characteristics of the old product, the new product is defined as comparable and a minor quality change is regarded as price change. Otherwise, if a significant quality change is introduced, the new product is defined as not comparable. The breakage in price series is treated by the linking method. Explicit quality adjustments are usually not performed. Hedonic methods are being considered but not yet implemented. In some cases, where the product cycle is short and new versions with improved quality characteristics are frequently introduced, the overlap method may give biased estimates. Introduction of new products: New items are introduced when the market basket is updated. New products are introduced into the sample as they gain significant market share. Business and professional periodicles are closely followed to gain information on new products that are gaining consumer demand. Seasonal items: Missing prices for seasonal products are imputed. Certain procedures are in place to avoid too early reintroduction of seasonal products back to the index. For price changes a bridge method is used when the items are reintroduced to the collection. Index series are also calculated and released in seasonally adjusted form.; Index series starts in November 1985
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Russia MED Forecast: Baseline Scenario: Consumer Price Index (CPI): Services: Year Average data was reported at 104.268 % in 2026. This records a decrease from the previous number of 104.846 % for 2025. Russia MED Forecast: Baseline Scenario: Consumer Price Index (CPI): Services: Year Average data is updated yearly, averaging 104.846 % from Dec 2020 (Median) to 2026, with 7 observations. The data reached an all-time high of 110.303 % in 2023 and a record low of 102.720 % in 2020. Russia MED Forecast: Baseline Scenario: Consumer Price Index (CPI): Services: Year Average data remains active status in CEIC and is reported by Ministry of Economic Development of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.IA027: Consumer Price Index: Forecast: Ministry of Economic Development.
description: The Consumer Price Index (CPI) is a statistical measure of change, over time, of the prices of goods and services in major expenditure groups--such as food, housing, apparel, transportation, and medical care--typically purchased by urban consumers. Essentially, it compares the cost of a sample "market basket" of goods and services in a specific month relative to the cost of the same "market basket" in an earlier reference period. This reference period is designated as the base period. The revised CPI introduced by the BLS in 1998 includes indexes for two populations; urban wage earners and clerical workers (CW), and all urban consumers (CU). As a result of the revision, both the CW and the CU utilize updated expenditure weights based upon data tabulated from three years (1982, 1983, and 1984) of the Consumer Expenditure Survey and incorporate a number of technical improvements, including an updated and revised item structure.; abstract: The Consumer Price Index (CPI) is a statistical measure of change, over time, of the prices of goods and services in major expenditure groups--such as food, housing, apparel, transportation, and medical care--typically purchased by urban consumers. Essentially, it compares the cost of a sample "market basket" of goods and services in a specific month relative to the cost of the same "market basket" in an earlier reference period. This reference period is designated as the base period. The revised CPI introduced by the BLS in 1998 includes indexes for two populations; urban wage earners and clerical workers (CW), and all urban consumers (CU). As a result of the revision, both the CW and the CU utilize updated expenditure weights based upon data tabulated from three years (1982, 1983, and 1984) of the Consumer Expenditure Survey and incorporate a number of technical improvements, including an updated and revised item structure.
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Japan JP: Consumer Price Index (CPI): Local Source Base Year: All Items data was reported at 99.992 2020=100 in 2020. This records a decrease from the previous number of 100.017 2020=100 for 2019. Japan JP: Consumer Price Index (CPI): Local Source Base Year: All Items data is updated yearly, averaging 84.725 2020=100 from Dec 1955 (Median) to 2020, with 66 observations. The data reached an all-time high of 100.017 2020=100 in 2019 and a record low of 16.703 2020=100 in 1955. Japan JP: Consumer Price Index (CPI): Local Source Base Year: All Items data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Annual. The index measures monthly changes in the general level of prices of goods and services that households acquire for consumption. Type of prices: Normal retail prices or service charges for items actually sold in establishments on the survey date; excludes temporary bargain (within a week) prices, prices for installment sales, abnormal prices due to disasters, and prices of second-hand articles. Prices are transaction prices, excluding temporary reductions, special sales, etc. Method of collection:The monthly RPS is the main source of data on prices for the CPI. Its sample design is akin to that of the Survey of Family Income and Expenditure (FIES). Approximately 750 price collectors visit 30,000 outlets to collect prices of reselected representative items. There are 509 items and 719 item specifications Treatment of rentals for housing: The index includes a measure of rented housing. Treatment of Owner-Occupied Housing: Owner-occupied housing is incorporated in the index through the imputed rent approach. Treatment of missing prices: For temporarily unavailable, seasonal, perishable items, such as fresh fruit and fish, the overall weight is held fixed at the annual level. The missing prices are excluded from long-run price comparisons between the 2005 mean reference price and the price in the current period. There is an implied imputation for the price change of the missing items-one based on the long-run price change of existing items. Treatment of quality changes: Explicit quality adjustments are made, when applicable. The option cost method is applied to automobiles and hedonic indices are used for digital cameras and personal computers. Treatment of seasonal items: For fresh fish and shellfish, fresh vegetables and fresh fruits the monthly variable weights are used for compiling the index. For seasonal goods excluidng fresh foods, the average prices of the month when the survey is conducted are substituted for the prices of the month when the survey is not conducted.; Index series starts in January 1955
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This table includes figures on the price developments of a package of goods and services purchased by consumers in the Netherlands. The figures are consistent with European directives also known as the harmonised consumer price index (HICP). In all member states of the European Union (EU), these indices are compiled in a similar manner to facilitate comparison between the various EU countries.
This table also contains the HICP at constant taxes: this price index excludes the effect of changes in the rates of product-related taxes (e.g. VAT and excise duty on alcohol and tobacco).
The table also includes the month-on-month and year-on-year changes of the HICP. The year-on-year change of total consumer expenditure is known as inflation. The figures are shown for 327 product groups in 2025. Furthermore, 34 combinations of product groups (special aggregates) are displayed. The weighting coefficient shows how much consumers in the Netherlands spend on each product group in relation to their total expenditure. The total weighting is 100,000.
HICP figures are published every month. In addition, an annual figure is published at the end of the year. The HICP of a calendar year is calculated as the average of the indices of the twelve months of that year.
Data available from: January 1996.
Status of the figures: Figures of the flash estimate are published at the end of a reporting month, or shortly thereafter. At the flash estimate, figures are made available for the all items category and for a selection of special aggregates. These figures are calculated on the basis of still incomplete source data. The results of the flash estimate are characterized as provisional.
In most cases, the figures are final in the second publication of the same reporting month. Differences between the provisional and final indices are caused by source material that has become available after the flash estimate. The results of the HICP are only marked as provisional in the second publication if it is already known at the time of publication that data are still incomplete, a revision is expected in a later month, or in special circumstances such as the corona crisis. In that case, the figures become final one month later.
Changes compared with previous version: Data on the most recent period have been added and/or adjustments have been implemented.
Changes as of 13 February 2025: Starting in the reporting month of January 2025, price changes will be published for expenditure categories 053290 Other small electric household appliances and 103000 Post-secondary non-tertiary education. The base period for this new index series is December 2024. This means that the index level of 100 is the price level measured in December 2024.
Changes as of 8 February 2024: Starting in the reporting month of January 2024, a price change will be published for expenditure category 063000 Hospital Services. The base period for this new index series is December 2023. This means that the index level of 100 is the price level measured in December 2023. Previously, between 2000 and 2009, an index was published for the same expenditure category. The base year for that index series was 2005=100. It was discontinued after December 2009. The current series starts again from 100 in December 2023.
When will new figures be published? The figures of the flash estimate are published on the last working day of the month to which the figures relate, or shortly thereafter.
Final figures will usually be published between the first and second Thursday of the month following on the reporting month.
All CPI and HICP publications are announced on the publication calendar.
In January 2025, gasoline prices were around 0.2 percent lower than in January 2024. The data represents city averages in the United States. The defined base period is: 1982-84=100. 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". It is based on prices of food, clothing, shelter, fuels, transportation fares, charges for doctors’ and dentists’ services, drugs, and other goods and services that people buy for day-to-day living. The annual inflation rate in the U.S. since 1990 can be accessed here.
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This table contains figures on the price movements of a package of goods and services purchased by an average Dutch household. This is called the Consumer Price Index (CPI). The table also shows the derived consumer price index: this is the CPI that removes the impact of changes in the rates of taxes on products (e.g. VAT and excise duties on alcohol and tobacco) and subsidies and of taxes on consumption (e.g. motor vehicle taxes).
In addition, the table shows the monthly and annual changes in the CPI. The annual rate of change in total expenditure is an important indicator of inflation. These figures can be viewed across 337 product groups. There are also 34 aggregations of product groups (special aggregates) in the table. For each product group, you can also find out how much the Dutch consumer spends on it in relation to his total expenditure. This is called the weighting coefficient. The total weighting is 100,000.
Figures of the CPI are published every month. In addition, an annual figure will be published at the end of the year. The CPI of a calendar year is calculated as the average of the 12-month indices of that year.
Data available from: January 1996.
Status of figures: Rapid estimate figures are published immediately at the end of a reporting month or shortly thereafter. The rapid estimate provides figures for the year-on-year and month-on-month changes in the main level of the CPI and a number of special aggregates. These figures are calculated on the basis of incomplete source data. These numbers are not suitable for indexing. Therefore, the rapid estimate does not publish indices. The changes in the rapid estimate are characterised as preliminary.
The rapid estimate is followed by the first publication of all indices and changes for the month under review. These figures are also provisional. A month later, the figures for the same reporting month become final. Differences between provisional and final indices are due to met source data.
Changes compared to the previous version: Data for a new period has been added and/or adjustments have been made.
Changes as of 8 February 2024: From the reporting month of January 2024, a price development will be published for spending category 063000 Hospital services. This new index series is based on December 2023. This means that the index level of 100 corresponds to the price level as measured on December 2023. Previously, an index for the same spending category was also published between 2006 and 2009. That index series had as base year 2006=100, and stopped after December 2009. The current series will start again at 100 as of December 2023.
Changes as of 1 June 2016: Data for the period 1996 to January 2015 have been added for all series. In order to get an overall picture, the existing series have been extended to include the spending categories that have been discontinued for the period 2015.
These are the categories of expenditure: 2006=100: - 011320 Frozen fish - 031100 Clothing fabrics - 031420 Repair and rental services of clothing - 032200 Repair and rental services of shoes - 043210 Plumber services - 043230 Heating maintenance - 043250 Carpentry services - 043290 Ov. maintenance services home - 051300 Repair of furniture and the like - 053190 Other large household appliances - 063000 Hospital services - 091420 Unrecorded data carriers - 094240 Hire of equipment for culture - 096010 Package holidays inland 2000=100: - 134000 Property tax
Because these series do not have a base year 2015=100, the base year 2006=100 or 2000=100 has been used for this purpose. Where there is a different base year, this is explicitly included in the explanatory memorandum.
When will there be new figures? The figures for the rapid estimate shall be published on the last working day of the month to which the figures refer, or shortly thereafter.
The new indices are usually published between the first and second Thursday of the month following the month under review. The indices of the previous reporting month will then become definitive.
All publication times of the CPI are published on the publicatieplanning.
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Consumer price indices households of wage earners Index figures. Consumer goods (base year 2000=100) 2001 - 2008 Changed on March 02 2009. Frequency: Discontinued.
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Consumer Price Index CPI in Nigeria increased to 112.90 points in February from 110.70 points in January of 2025. This dataset provides - Nigeria Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Indonesia ID: Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear data was reported at 109.154 2018=100 in 2023. This records an increase from the previous number of 107.888 2018=100 for 2022. Indonesia ID: Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear data is updated yearly, averaging 107.037 2018=100 from Dec 2020 (Median) to 2023, with 4 observations. The data reached an all-time high of 109.154 2018=100 in 2023 and a record low of 104.982 2018=100 in 2020. Indonesia ID: Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Indonesia – Table ID.OECD.MEI: Consumer Price Index: COICOP 1999: Non OECD Member: Annual. The CPI measures the average change in prices between times of a package of goods and services consumed by the population/households in a certain base period. Price coverage: Prices includes sales taxes. Price collection method: Price data of each commodity is obtained from 3 or 4 outlets, which are visited by data collector (direct interview). Frequency of data collection: The frequencies of price data collection are different from one item to another depending on the characteristic of the items as follows: - Rice price data collection in Jakarta is daily - For several items popularly known as basic necessities, price data are collected weekly on Monday and Tuesday. - For some food items, price data are collected every two weeks on Wednesday and Thursday of the first week and the third week. - For other food items, processed food, drinks, cigarettes and tobacco, price data are collected monthly on Tuesday close to day 15 during 3 days (Tuesday, Wednesday and Thursday). - For durable goods price data are collected monthly on day 5 to day 15. Services price data are collected monthly on day 1 to day 10. - House rents data are collected monthly on day 1 to 10. - Domestic servant and baby sitter salaries are observed monthly on day 1 to 10. - Data related to the education expenses are collected monthly on day 1 to 10. A measure of owner occupied housing is not included Treatment of missing prices: In case of missing prices, the prices are treated by using the pairing price data. When in certain cases, the item for the CPI is replaced, the procedure of replacement is choosing the similar quality items and then ask the current and previous prices. Treatment of quality changes: Adjustment for quality differences is never done. Introduction of new products: never considered. Treatment of seasonal products: never considered. Seasonally adjustment: Data are not seasonally adjusted.; Index series starts in January 2020
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Key information about Japan Consumer Price Index CPI growth
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.