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. Prices for the goods and services used to calculate the CPI are collected in 75 urban areas throughout the country and from about 23,000 retail and service establishments. Data on rents are collected from about 43,000 landlords or tenants.

More information and details about the data provided can be found at http://www.bls.gov/cpi

Basket weights of major components, gasoline, and selected special aggregates of the Consumer Price Index (CPI) basket, for Canada, provinces, Whitehorse, Yellowknife and Iqaluit, last 5 years of the CPI basket. Includes price period of the weights as either weights at basket link month prices or weights at basket reference period prices. Weights are shown in percentage terms.

The 'shopping basket' of items making up the Consumer Prices Index (CPI) and Retail Prices Index (RPI) are reviewed every year. Some items are taken out of the basket, some are brought in, to reflect changes in the market and to make sure the CPI and RPI are up to date and representative of consumer spending patterns. This article describes the review process and explains how and why the various items in the CPI and RPI baskets are chosen.

Source agency: Office for National Statistics

Designation: National Statistics

Language: English

Alternative title: Basket of Goods

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.

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.

Representative items within the Consumer Prices Index including owner occupiers' housing costs, Consumer Prices Index and Retail Prices Index for the basket of goods and services.

Indonesia Consumer Price Index (CPI): 2022=100: Weights: Food, Beverage and Tobacco: Food: Basket Salted Fish data was reported at 0.004 % in Jan 2025. This stayed constant from the previous number of 0.004 % for Dec 2024. Indonesia Consumer Price Index (CPI): 2022=100: Weights: Food, Beverage and Tobacco: Food: Basket Salted Fish data is updated monthly, averaging 0.004 % from Jan 2022 (Median) to Jan 2025, with 37 observations. The data reached an all-time high of 0.004 % in Jan 2025 and a record low of 0.004 % in Jan 2025. Indonesia Consumer Price Index (CPI): 2022=100: Weights: Food, Beverage and Tobacco: Food: Basket Salted Fish data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Indonesia Premium Database’s Inflation – Table ID.IA010: Consumer Price Index: 2022=100: Weights.

This table contains 2013 series, with data for years 1914 - 1997 (not all combinations necessarily have data for all years), and was last released on 2010-03-19. This table contains data described by the following dimensions (Not all combinations are available): Geography (29 items: Canada; St. John's; Newfoundland and Labrador; Newfoundland and Labrador ...), Commodities and commodity groups (298 items: All-items; Food; Food purchased from stores ...).

Mexico Consumer Price Index (CPI): Basic Basket data was reported at 151.803 Jun2002=100 in Dec 2010. This records an increase from the previous number of 151.367 Jun2002=100 for Nov 2010. Mexico Consumer Price Index (CPI): Basic Basket data is updated monthly, averaging 49.496 Jun2002=100 from Jan 1982 (Median) to Dec 2010, with 348 observations. The data reached an all-time high of 151.803 Jun2002=100 in Dec 2010 and a record low of 0.145 Jun2002=100 in Jan 1982. Mexico Consumer Price Index (CPI): Basic Basket data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.I013: Consumer Price Index: Core: 2002=100.

The transportation sub-index of the CPI basket in Morocco increased to 118.20 points in February of 2025 from 117.30 points in January of 2025. This dataset provides - Morocco Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Japan decreased to 97.10 points in May of 2024 from 97.20 points in April of 2024. This dataset provides - Japan Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index (CPI) measures over time the prices of goods and services in major expenditure categories typically purchased by urban consumers. The expenditure categories include food, housing, apparel, transportation, and medical care. Essentially, the Index measures consumer purchasing power by comparing the cost of a fixed set of goods and services (called a market basket) in a specific month relative to the cost of the same market basket in an earlier reference period, designated as the base period. The CPI is calculated for two population groups: urban wage earners and clerical workers (CPI-W) and all urban consumers (CPI-U). The CPI-W population includes those urban families with clerical workers, sales workers, craft workers, operatives, service workers, or laborers in the family unit and is representative of the prices paid by about 40 percent of the United States population. The CPI-U population consists of all urban households (including professional and salaried workers, part-time workers, the self-employed, the unemployed, and retired persons) and is representative of the prices paid by about 80 percent of the United States population. Both populations specifically exclude persons in the military, in institutions, and all persons living outside of urban areas (such as farm families). National indexes for both populations are available for about 350 consumer items and groups of items. In addition, over 100 of the indexes have been adjusted for seasonality. The indexes are monthly with some beginning in 1913. Area indexes are available for 27 urban places. For each area, indexes are presented for about 65 items and groups. The area indexes are produced monthly for 5 areas, bimonthly for 10 areas, and semiannually for 12 urban areas. Regional indexes are available for four regions with about 95 items and groups per region. Beginning with January 1987, regional indexes are monthly, with some beginning as early as 1966. City-size indexes are available for four size classes with about 95 items and groups per class. Beginning with January 1987, these indexes are monthly and most begin in 1977. Regional and city-size indexes are available cross-classified by region and city-size class. For each of the 13 cross-classifications, about 60 items and groups are available. Beginning with January 1987, these indexes are monthly and most begin in 1977. Each index record includes a series identification code that specifies the sample (either all urban consumers or urban wage earners and clerical workers), seasonality (either seasonally adjusted or unadjusted), periodicity (either semiannual or regular), geographic area, index base period, and item number of the index.

This table contains 13 series, with data for years 1978 - 2007 (not all combinations necessarily have data for all years), and was last released on 2010-03-19. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities and commodity groups (13 items: All-items; Food; Shelter; Household operations and furnishings ...).

The National Consumer Price Index gauges the price changes in a basket of goods and services representative of Mexican households' consumption. In July 2024, CPI stood at 136 index points, indicating a decrease of 1.05 percentage points in consumer prices compared to the previous month. When breaking it down by groups, it can be seen that food, beverages, and tobacco was the category with the highest CPI at 158.34 index points as of July 2024. On the opposite side, communications had a CPI of 90.06 index points, representing a price decrease.

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.

The transportation sub-index of the CPI basket in Latvia increased to 132 points in February of 2025 from 130.60 points in January of 2025. This dataset provides - Latvia Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index (CPI): Staple Food Basket: Paraíba: João Pessoa data was reported at 634.410 BRL in Feb 2025. This records an increase from the previous number of 618.640 BRL for Jan 2025. Consumer Price Index (CPI): Staple Food Basket: Paraíba: João Pessoa data is updated monthly, averaging 253.290 BRL from Jan 2001 (Median) to Feb 2025, with 290 observations. The data reached an all-time high of 634.410 BRL in Feb 2025 and a record low of 91.050 BRL in Feb 2001. Consumer Price Index (CPI): Staple Food Basket: Paraíba: João Pessoa data remains active status in CEIC and is reported by Trade Union Statistical Department. The data is categorized under Brazil Premium Database’s Inflation – Table BR.IB059: Consumer Price Index: Staple Food Basket.

The transportation sub-index of the CPI basket in Madagascar increased to 168.20 points in January of 2025 from 167.10 points in November of 2024. This dataset provides - Madagascar Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.