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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Consumer Price Index CPI in the United States increased to 321.47 points in May from 320.80 points in April of 2025. This dataset provides the latest reported value for - United States Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Israel IL: Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear data was reported at 90.467 2020=100 in 2022. This records a decrease from the previous number of 95.092 2020=100 for 2021. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Clothing and Footwear data is updated yearly, averaging 119.871 2020=100 from Dec 1985 (Median) to 2022, with 38 observations. The data reached an all-time high of 167.358 2020=100 in 1997 and a record low of 53.850 2020=100 in 1985. Israel IL: 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 Israel – Table IL.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Annual. 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
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
The FAOSTAT monthly Food CPI and General CPI database was based on the ILO CPI data until December 2014. In 2014, IMF-ILO-FAO agreed to transfer global CPI data compilation from ILO to IMF. Upon agreement, CPIs for all items and its sub components originates from the International Monetary Fund (IMF), and the UN Statistics Division(UNSD) for countries not covered by the IMF. However, due to a limited time coverage from IMF and UNSD for a number of countries, the Organisation for Economic Co-operation and Development (OECD), Central Bank of Western African States (BCEAO), Eastern Caribbean Central Bank (ECCB), UNdata, United Nations Conference on Trade and Development (UNCTAD) and national statistical office website data are used for missing historical data from IMF and UNSD food CPI.
The FAO CPI dataset for all items(or general CPI) and the Food CPI, consists of a complete and consistent set of time series from January 2000 onwards. Data gaps on monthly Food CPI and General CPI are filled using statistical estimation procedures to have full data coverage for all countries for Food CPI and for General CPI. These indices measure the price change between the current and reference periods of the average basket of goods and services purchased by households. The General CPI is typically used to measure and monitor inflation, set monetary policy targets, index social benefits such as pensions and unemployment benefits, and to escalate thresholds and credits in the income tax systems and wages in public and private wage contracts. The FAOSTAT monthly Food CPI inflation rates are annual year-over-year inflation or percentage change over corresponding month of the previous year.
The data included in Data360 is a subset of the data available from the source. Please refer to the source for complete data and methodology details.
This collection includes only a subset of indicators from the source dataset.
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.
Monthly indexes and percentage changes for major components, selected sub-groups and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. 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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Israel IL: Consumer Price Index (CPI): Local Source Base Year: Transport data was reported at 114.000 2020=100 in Dec 2022. This records a decrease from the previous number of 114.600 2020=100 for Sep 2022. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Transport data is updated quarterly, averaging 93.883 2020=100 from Mar 1985 (Median) to Dec 2022, with 152 observations. The data reached an all-time high of 114.600 2020=100 in Sep 2022 and a record low of 6.700 2020=100 in Mar 1985. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Transport 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
Explore the Consumer Prices Index Less Housing dataset, featuring information on percentage change, index numbers, and more. Stay updated on CPI trends in Saudi Arabia, Bahrain, Kuwait, Oman, and Qatar.
Percentage change - previous period, Index number, %, Percentage change- same period previous year, CPI, Cost of living, Price
Saudi Arabia, Bahrain, Kuwait, Oman, QatarFollow data.kapsarc.org for timely data to advance energy economics research..Base year = 2018
The CPI is designed to measure the average price changes in a fixed basket of consumption goods and services commonly purchased by the resident households over time. It is commonly used as a measure of consumer price inflation. The Base Year is 2014. This series is seasonally adjusted.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Israel IL: Consumer Price Index (CPI): Local Source Base Year: Education data was reported at 106.367 2020=100 in Dec 2022. This records an increase from the previous number of 105.300 2020=100 for Sep 2022. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Education data is updated quarterly, averaging 77.483 2020=100 from Mar 1985 (Median) to Dec 2022, with 152 observations. The data reached an all-time high of 106.367 2020=100 in Dec 2022 and a record low of 3.167 2020=100 in Mar 1985. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Education 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
In November 2024, the seasonally adjusted consumer price index for all urban consumers (CPI-U) in the United States increased *** percent from the previous month. The data represents city averages in the United States. The defined base period is: 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”.
https://data.gov.sg/open-data-licencehttps://data.gov.sg/open-data-licence
Dataset from Singapore Department of Statistics. For more information, visit https://data.gov.sg/datasets/d_f4bae0dc1ce7553fb71b239e7e98f919/view
Monthly indexes and percentage changes by product group and special aggregates of the Consumer Price Index (CPI), not seasonally adjusted, for provincial cities. 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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
This table presents the Consumer price index (CPI) with reference year 1900 = 100. This index series is an estimation and has been constructed by multiplying the year-on-year mutations of several index series from different reference periods with the overlapping index from the previous reference period. The index shows the price change of the goods and services purchased by an average Dutch household in one year. Annual rate of change is measured as the year on-year change of the CPI, expressed as a percentage. The annual rate of change in this series may differ from the officially published annual rate of change as a result of rounding differences. Data available from: 1900 Status of the figures: The yearly figures are provisional when first published. Definitive figures are provided in the second version. Disparities between provisional and definitive figures must be attributed to new or updated source material that has become available. Changes compared with previous version: Data on the most recent period have been added and/or adjustments have been implemented. When will new figures be published? New figures are available at the beginning of the year.
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.
This dataset contains Average of Consumer Price Index and rate of change by city (2018 Base Year). Data from General Authority for Statistics. Follow datasource.kapsarc.org for timely data to advance energy economics research.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Graph and download economic data for Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average (CPILFESL) from Jan 1957 to May 2025 about core, headline figure, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Consumer Price Index CPI in Germany increased to 121.80 points in May from 121.70 points in April of 2025. This dataset provides the latest reported value for - Germany Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Israel IL: Consumer Price Index (CPI): Local Source Base Year: Restaurants and Hotels data was reported at 113.531 2020=100 in Dec 2022. This records a decrease from the previous number of 116.386 2020=100 for Sep 2022. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Restaurants and Hotels data is updated quarterly, averaging 72.183 2020=100 from Mar 1993 (Median) to Dec 2022, with 120 observations. The data reached an all-time high of 116.386 2020=100 in Sep 2022 and a record low of 28.933 2020=100 in Mar 1993. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Restaurants and Hotels 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 1993
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.