100+ datasets found
  1. U.S. projected Consumer Price Index 2010-2029

    • statista.com
    Updated Aug 21, 2024
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    Statista (2024). U.S. projected Consumer Price Index 2010-2029 [Dataset]. https://www.statista.com/statistics/244993/projected-consumer-price-index-in-the-united-states/
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    Dataset updated
    Aug 21, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  2. Consumer Price Index (CPI)

    • catalog.data.gov
    • cloud.csiss.gmu.edu
    • +1more
    Updated May 16, 2022
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    Bureau of Labor Statistics (2022). Consumer Price Index (CPI) [Dataset]. https://catalog.data.gov/dataset/consumer-price-index-cpi-ee18b
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    Dataset updated
    May 16, 2022
    Dataset provided by
    Bureau of Labor Statisticshttp://www.bls.gov/
    Description

    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

  3. Consumer Price Index, annual average, not seasonally adjusted

    • www150.statcan.gc.ca
    • datasets.ai
    • +3more
    Updated Jan 21, 2025
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    Government of Canada, Statistics Canada (2025). Consumer Price Index, annual average, not seasonally adjusted [Dataset]. http://doi.org/10.25318/1810000501-eng
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    Dataset updated
    Jan 21, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    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.

  4. U.S. monthly CPI of all urban consumers 2022-2025

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). U.S. monthly CPI of all urban consumers 2022-2025 [Dataset]. https://www.statista.com/statistics/190981/monthly-unadjusted-consumer-price-index-in-the-us-since-april-2010/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2023 - Jan 2025
    Area covered
    United States
    Description

    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.

  5. F

    Consumer Price Index for All Urban Consumers: Food Away from Home in U.S....

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
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    (2025). Consumer Price Index for All Urban Consumers: Food Away from Home in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CUUR0000SEFV
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    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: Food Away from Home in U.S. City Average (CUUR0000SEFV) from Jan 1953 to Feb 2025 about urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.

  6. Annual average consumer price index in Argentina 2005-2029

    • statista.com
    Updated Oct 24, 2024
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    Statista (2024). Annual average consumer price index in Argentina 2005-2029 [Dataset]. https://www.statista.com/statistics/1391762/annual-average-consumer-price-index-argentina/
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    Dataset updated
    Oct 24, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Argentina
    Description

    The annual average consumer price index in Argentina was forecast to continuously increase between 2024 and 2029 by in total 24,742.5 points (+202.76 percent). After the twenty-second consecutive increasing year, the index is estimated to reach 36,945.35 points and therefore a new peak in 2029. Notably, the annual average consumer price index was continuously increasing over the past years.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.Find more key insights for the annual average consumer price index in countries like Paraguay, Uruguay, and Chile.

  7. F

    Consumer Price Index for United States

    • fred.stlouisfed.org
    json
    Updated Mar 23, 2022
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    (2022). Consumer Price Index for United States [Dataset]. https://fred.stlouisfed.org/series/DDOE02USA086NWDB
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    jsonAvailable download formats
    Dataset updated
    Mar 23, 2022
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for United States (DDOE02USA086NWDB) from 1960 to 2017 about CPI, price index, indexes, price, and USA.

  8. Annual rate of change CPI; since 1963

    • cbs.nl
    • data.overheid.nl
    xml
    Updated Mar 11, 2025
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    Centraal Bureau voor de Statistiek (2025). Annual rate of change CPI; since 1963 [Dataset]. https://www.cbs.nl/en-gb/figures/detail/70936eng
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    xmlAvailable download formats
    Dataset updated
    Mar 11, 2025
    Dataset provided by
    Statistics Netherlands
    Authors
    Centraal Bureau voor de Statistiek
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Area covered
    The Netherlands
    Description

    This table contains the annual rates of change of the CPI from the moment they were first published. The annual rate of change reflects changes in prices of consumer goods and services in a certain month compared with the same month in the previous year; it is the year on-year change of the consumer price index.

    This table also contains the derived series for the annual rate of change. This is based on the normal series but without the effect of changes in the rates of product-related taxes (for instance VAT and excise duty on alcohol and tobacco) and subsidies. The derived series answers the question: how would prices have changed if the tax rates remained the same?

    CPI figures are published every month. In addition, an annual figure is published at the end of the year. The CPI of a calendar year is calculated as the average of the indices of the twelve months of that year.

    Data available from: January 1963

    Status of the figures: When first published, the figures are provisional. Their status becomes final simultaneously with the second publication about the same month. Differences between the provisional and final figures are caused by source material that has become available after the provisional publication.

    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 will usually be published between the first and second Thursday of the month following on the reporting month. The figures of the previous reporting month then become final.

    All CPI publications are announced on the publication calendar.

  9. Annual average consumer price index in Jamaica 2007-2029

    • statista.com
    Updated Oct 24, 2024
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    Annual average consumer price index in Jamaica 2007-2029 [Dataset]. https://www.statista.com/statistics/1392218/annual-average-consumer-price-index-jamaica/
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    Dataset updated
    Oct 24, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Jamaica
    Description

    The annual average consumer price index in Jamaica was forecast to continuously increase between 2024 and 2029 by in total 38.4 points (+27.73 percent). After the twenty-second consecutive increasing year, the index is estimated to reach 176.83 points and therefore a new peak in 2029. Notably, the annual average consumer price index was continuously increasing over the past years.As defined by the International Monetary Fund, this indicator measures inflation on the basis of the average consumer price index. This index measure expresses a country's average level of prices based on a typical basket of consumer goods and services during a certain year. Typically a reference year exists for which a value of 100 had been assigned.Find more statistics on other topics about Jamaica with key insights such as the total investment as a share of the GDP, the ratio of government expenditure to GDP, and the annual change in the volume of exports of goods and services.

  10. R

    Romania CPI: Annual Target

    • ceicdata.com
    Updated Jul 14, 2018
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    CEICdata.com (2018). Romania CPI: Annual Target [Dataset]. https://www.ceicdata.com/en/romania/consumer-price-index-variation-bands-and-target/cpi-annual-target
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    Dataset updated
    Jul 14, 2018
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2015 - Dec 1, 2026
    Area covered
    Romania
    Variables measured
    Consumer Prices
    Description

    Romania Consumer Price Index (CPI): Annual Target data was reported at 2.500 % in 2026. This stayed constant from the previous number of 2.500 % for 2025. Romania Consumer Price Index (CPI): Annual Target data is updated yearly, averaging 2.500 % from Dec 2005 (Median) to 2026, with 22 observations. The data reached an all-time high of 7.500 % in 2005 and a record low of 2.500 % in 2026. Romania Consumer Price Index (CPI): Annual Target data remains active status in CEIC and is reported by National Bank of Romania. The data is categorized under Global Database’s Romania – Table RO.I005: Consumer Price Index: Variation Bands and Target. Variation band is ±1 percentage point around the central target.

  11. T

    Hong Kong Consumer Price Index (CPI)

    • tradingeconomics.com
    • ar.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Nov 1, 2021
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    TRADING ECONOMICS (2021). Hong Kong Consumer Price Index (CPI) [Dataset]. https://tradingeconomics.com/hong-kong/consumer-price-index-cpi
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Nov 1, 2021
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Oct 31, 1980 - Feb 28, 2025
    Area covered
    Hong Kong
    Description

    Consumer Price Index CPI in Hong Kong decreased to 108.60 points in February from 108.70 points in January of 2025. This dataset provides the latest reported value for - Hong Kong Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  12. Annual Consumer Price Index Percent Change 1974-2016

    • johnsnowlabs.com
    csv
    Updated Jan 20, 2021
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    John Snow Labs (2021). Annual Consumer Price Index Percent Change 1974-2016 [Dataset]. https://www.johnsnowlabs.com/marketplace/annual-consumer-price-index-percent-change-1974-2016/
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    csvAvailable download formats
    Dataset updated
    Jan 20, 2021
    Dataset authored and provided by
    John Snow Labs
    Time period covered
    1974 - 2016
    Area covered
    United States
    Description

    This dataset gives information on the Consumer Price Index (CPI) for food is a component of the all-items CPI. The CPI measures the average change over time in the prices paid by urban consumers for a representative market basket of consumer goods and services. While the all-items CPI measures the price changes for all consumer goods and services, including food, the CPI for food measures the changes in the retail prices of food items only.

  13. U

    United States CPI U: Annual Weights (AW): All Items

    • ceicdata.com
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    United States CPI U: Annual Weights (AW): All Items [Dataset]. https://www.ceicdata.com/en/united-states/consumer-price-index-urban-weights-annual/cpi-u-annual-weights-aw-all-items
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2006 - Dec 1, 2017
    Area covered
    United States
    Variables measured
    Consumer Prices
    Description

    United States CPI U: Annual Weights (AW): All Items data was reported at 100.000 % in 2017. This stayed constant from the previous number of 100.000 % for 2016. United States CPI U: Annual Weights (AW): All Items data is updated yearly, averaging 100.000 % from Dec 1986 (Median) to 2017, with 32 observations. The data reached an all-time high of 100.000 % in 2017 and a record low of 100.000 % in 2017. United States CPI U: Annual Weights (AW): All Items data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I011: Consumer Price Index: Urban: Weights (Annual).

  14. Consumer Price Index (CPI), 2001 basket content, annual

    • www150.statcan.gc.ca
    • ouvert.canada.ca
    • +2more
    Updated Apr 20, 2017
    + more versions
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    Government of Canada, Statistics Canada (2017). Consumer Price Index (CPI), 2001 basket content, annual [Dataset]. http://doi.org/10.25318/1810000901-eng
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    Dataset updated
    Apr 20, 2017
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    This table contains 2002 series, with data for years 1914 - 2006 (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 (30 items: Canada; Newfoundland and Labrador; St. John's; Newfoundland and Labrador ...), Commodities and commodity groups (279 items: All-items; Food; Food purchased from stores ...).

  15. F

    Consumer Price Index for All Urban Consumers: Sugar and Sweets in U.S. City...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
    + more versions
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    (2025). Consumer Price Index for All Urban Consumers: Sugar and Sweets in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CUUR0000SEFR
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: Sugar and Sweets in U.S. City Average (CUUR0000SEFR) from Jan 1935 to Feb 2025 about urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  16. U

    United States US: Consumer Price Index: % Change

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). United States US: Consumer Price Index: % Change [Dataset]. https://www.ceicdata.com/en/united-states/consumer-and-producer-price-index-annual/us-consumer-price-index--change
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2006 - Dec 1, 2017
    Area covered
    United States
    Variables measured
    Consumer Prices
    Description

    United States US: Consumer Price Index (CPI): % Change data was reported at 2.130 % in 2017. This records an increase from the previous number of 1.262 % for 2016. United States US: Consumer Price Index (CPI): % Change data is updated yearly, averaging 2.931 % from Dec 1951 (Median) to 2017, with 67 observations. The data reached an all-time high of 13.549 % in 1980 and a record low of -0.356 % in 2009. United States US: Consumer Price Index (CPI): % Change data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s United States – Table US.IMF.IFS: Consumer and Producer Price Index: Annual.

  17. Armenia Core CPI: Seasonally Adjusted

    • ceicdata.com
    Updated Nov 14, 2024
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    CEICdata.com (2024). Armenia Core CPI: Seasonally Adjusted [Dataset]. https://www.ceicdata.com/en/armenia/consumer-price-index-annual
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    Dataset updated
    Nov 14, 2024
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2013 - Dec 1, 2024
    Area covered
    Armenia
    Description

    Core CPI: Seasonally Adjusted data was reported at 154.258 2010=100 in 2024. This records an increase from the previous number of 153.789 2010=100 for 2023. Core CPI: Seasonally Adjusted data is updated yearly, averaging 124.929 2010=100 from Dec 2006 (Median) to 2024, with 19 observations. The data reached an all-time high of 154.258 2010=100 in 2024 and a record low of 84.117 2010=100 in 2006. Core CPI: Seasonally Adjusted data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Armenia – Table AM.World Bank.GEM: Consumer Price Index: Annual.

  18. Consumer price index (CPI) in Romania 2009-2024

    • statista.com
    Updated Jan 28, 2025
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    Consumer price index (CPI) in Romania 2009-2024 [Dataset]. https://www.statista.com/statistics/1095712/cpi-annual-data-romania/
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    Dataset updated
    Jan 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Romania
    Description

    Romania's consumer price index (CPI) reached 105.59 in 2024, indicating an inflation rate of roughly 5.6 percent. This decrease from the previous year's 10.4 percent suggests a significant easing of inflationary pressures. The country has experienced fluctuating inflation rates over the past decade, with the lowest CPI recorded in 2016. Recent Inflation Trends The highest inflation rate in Romania's recent history was observed in November 2022, peaking at 16.76 percent. By December 2024, inflation had moderated to 5.1 percent, a slight drop compared to the previous year. Food prices have contributed to overall inflation, with costs increasing by 5.09 percent in December 2024 compared to the same month in the previous year. Economic Impact and Outlook Despite inflationary pressures, Romania's economy has shown resilience. The country's gross domestic product per capita, adjusted for purchasing power parity, increased by 2.3 percent in 2023, reaching 40,665.53 U.S. dollars. This growth, although slowing, represents the highest level observed in recent years. Looking ahead, certain sectors may continue to face price increases. For instance, the apparel market is forecast to see a 37.79 percent rise in price per unit between 2024 and 2029, potentially reaching 34.61 U.S. dollars by the end of that period.

  19. T

    United States - Consumer Price Index for All Urban Consumers: All Items in...

    • tradingeconomics.com
    csv, excel, json, xml
    + more versions
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    TRADING ECONOMICS, United States - Consumer Price Index for All Urban Consumers: All Items in U.S. City Average [Dataset]. https://tradingeconomics.com/united-states/consumer-price-index-for-all-urban-consumers-all-items-index-1982-84-100-m-sa-fed-data.html
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    csv, json, excel, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    United States - Consumer Price Index for All Urban Consumers: All Items in U.S. City Average was 319.77500 Index 1982-1984=100 in February of 2025, 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 319.77500 in February of 2025 and a record low of 21.48000 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 in U.S. City Average - last updated from the United States Federal Reserve on March of 2025.

  20. F

    Consumer Price Index for All Urban Consumers: Other Goods and Services in...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
    + more versions
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    (2025). Consumer Price Index for All Urban Consumers: Other Goods and Services in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CPIOGSSL
    Explore at:
    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: Other Goods and Services in U.S. City Average (CPIOGSSL) from Jan 1967 to Feb 2025 about urban, consumer, goods, services, CPI, inflation, price index, indexes, price, and USA.

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Statista (2024). U.S. projected Consumer Price Index 2010-2029 [Dataset]. https://www.statista.com/statistics/244993/projected-consumer-price-index-in-the-united-states/
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U.S. projected Consumer Price Index 2010-2029

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2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Aug 21, 2024
Dataset authored and provided by
Statistahttp://statista.com/
Area covered
United States
Description

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.

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