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. 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.

  3. M

    Macau CPI(A): Weights: CF: Garments: Garments for Women

    • ceicdata.com
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    CEICdata.com, Macau CPI(A): Weights: CF: Garments: Garments for Women [Dataset]. https://www.ceicdata.com/en/macau/consumer-price-index-a-july-2023june-2024100-weights
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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
    Oct 1, 2024
    Area covered
    Macao
    Description

    CPI(A): Weights: CF: Garments: Garments for Women data was reported at 0.448 % in Oct 2024. CPI(A): Weights: CF: Garments: Garments for Women data is updated monthly, averaging 0.448 % from Oct 2024 (Median) to Oct 2024, with 1 observations. The data reached an all-time high of 0.448 % in Oct 2024 and a record low of 0.448 % in Oct 2024. CPI(A): Weights: CF: Garments: Garments for Women data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.I004: Consumer Price Index (A): July 2023-June 2024=100: Weights.

  4. M

    Macau CPI(A): Weights: HS: Household Appliances

    • ceicdata.com
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    CEICdata.com, Macau CPI(A): Weights: HS: Household Appliances [Dataset]. https://www.ceicdata.com/en/macau/consumer-price-index-a-july-2023june-2024100-weights
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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
    Oct 1, 2024
    Area covered
    Macao
    Description

    CPI(A): Weights: HS: Household Appliances data was reported at 0.432 % in Oct 2024. CPI(A): Weights: HS: Household Appliances data is updated monthly, averaging 0.432 % from Oct 2024 (Median) to Oct 2024, with 1 observations. The data reached an all-time high of 0.432 % in Oct 2024 and a record low of 0.432 % in Oct 2024. CPI(A): Weights: HS: Household Appliances data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.I004: Consumer Price Index (A): July 2023-June 2024=100: Weights.

  5. F

    Consumer Price Index for All Urban Consumers: Services Less Energy Services...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
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    (2025). Consumer Price Index for All Urban Consumers: Services Less Energy Services in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CUSR0000SASLE
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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: Services Less Energy Services in U.S. City Average (CUSR0000SASLE) from Jan 1967 to Feb 2025 about energy, urban, consumer, services, CPI, inflation, price index, indexes, price, and USA.

  6. T

    United States Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 12, 2025
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    TRADING ECONOMICS (2025). United States Inflation Rate [Dataset]. https://tradingeconomics.com/united-states/inflation-cpi
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    json, excel, xml, csvAvailable download formats
    Dataset updated
    Mar 12, 2025
    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
    Dec 31, 1914 - Feb 28, 2025
    Area covered
    United States
    Description

    Inflation Rate in the United States decreased to 2.80 percent in February from 3 percent in January of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  7. U.S. monthly change in the Consumer Price Index (CPI-U) 2023-2024

    • statista.com
    Updated Dec 30, 2024
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    Statista (2024). U.S. monthly change in the Consumer Price Index (CPI-U) 2023-2024 [Dataset]. https://www.statista.com/statistics/216037/monthly-percentage-of-change-in-the-cpi-u-in-the-us/
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    Dataset updated
    Dec 30, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Nov 2023 - Nov 2024
    Area covered
    United States
    Description

    In November 2024, the seasonally adjusted consumer price index for all urban consumers (CPI-U) in the United States increased 0.3 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”.

  8. Consumer Price Index by product group, monthly, percentage change, not...

    • www150.statcan.gc.ca
    Updated Mar 18, 2025
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    Government of Canada, Statistics Canada (2025). Consumer Price Index by product group, monthly, percentage change, not seasonally adjusted, Canada, provinces, Whitehorse, Yellowknife and Iqaluit [Dataset]. http://doi.org/10.25318/1810000401-eng
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    Dataset updated
    Mar 18, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

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

  9. M

    Macau CPI(A): Weights: RC: RSCS: Recreational & Sporting Services

    • ceicdata.com
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    CEICdata.com, Macau CPI(A): Weights: RC: RSCS: Recreational & Sporting Services [Dataset]. https://www.ceicdata.com/en/macau/consumer-price-index-a-july-2023june-2024100-weights
    Explore at:
    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
    Oct 1, 2024
    Area covered
    Macao
    Description

    CPI(A): Weights: RC: RSCS: Recreational & Sporting Services data was reported at 0.536 % in Oct 2024. CPI(A): Weights: RC: RSCS: Recreational & Sporting Services data is updated monthly, averaging 0.536 % from Oct 2024 (Median) to Oct 2024, with 1 observations. The data reached an all-time high of 0.536 % in Oct 2024 and a record low of 0.536 % in Oct 2024. CPI(A): Weights: RC: RSCS: Recreational & Sporting Services data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.I004: Consumer Price Index (A): July 2023-June 2024=100: Weights.

  10. T

    United States Inflation Rate MoM

    • tradingeconomics.com
    • tr.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Feb 12, 2025
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    TRADING ECONOMICS (2025). United States Inflation Rate MoM [Dataset]. https://tradingeconomics.com/united-states/inflation-rate-mom
    Explore at:
    csv, excel, json, xmlAvailable download formats
    Dataset updated
    Feb 12, 2025
    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
    Feb 28, 1947 - Feb 28, 2025
    Area covered
    United States
    Description

    The Consumer Price Index in the United States increased 0.20 percent in February of 2025 over the previous month. This dataset provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  11. M

    Macau CPI (A): Weight: Alcoholic Beverages and Tobacco (AB)

    • ceicdata.com
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    CEICdata.com, Macau CPI (A): Weight: Alcoholic Beverages and Tobacco (AB) [Dataset]. https://www.ceicdata.com/en/macau/consumer-price-index-a-july-2023june-2024100-weights
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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
    Nov 1, 2023 - Oct 1, 2024
    Area covered
    Macao
    Description

    CPI (A): Weight: Alcoholic Beverages and Tobacco (AB) data was reported at 0.830 % in Oct 2024. This stayed constant from the previous number of 0.830 % for Sep 2024. CPI (A): Weight: Alcoholic Beverages and Tobacco (AB) data is updated monthly, averaging 0.830 % from Oct 2022 (Median) to Oct 2024, with 25 observations. The data reached an all-time high of 0.830 % in Oct 2024 and a record low of 0.830 % in Oct 2024. CPI (A): Weight: Alcoholic Beverages and Tobacco (AB) data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.I004: Consumer Price Index (A): July 2023-June 2024=100: Weights.

  12. T

    China Inflation Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 9, 2025
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    TRADING ECONOMICS (2025). China Inflation Rate [Dataset]. https://tradingeconomics.com/china/inflation-cpi
    Explore at:
    json, excel, csv, xmlAvailable download formats
    Dataset updated
    Mar 9, 2025
    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 31, 1986 - Feb 28, 2025
    Area covered
    China
    Description

    Inflation Rate in China decreased to -0.70 percent in February from 0.50 percent in January of 2025. This dataset provides - China Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  13. F

    Inflation, consumer prices for the United States

    • fred.stlouisfed.org
    json
    Updated Sep 19, 2024
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    (2024). Inflation, consumer prices for the United States [Dataset]. https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
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    jsonAvailable download formats
    Dataset updated
    Sep 19, 2024
    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 Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2023 about consumer, CPI, inflation, price index, indexes, price, and USA.

  14. Monthly change in the consumer price index for food & beverages in the U.S....

    • statista.com
    Updated Feb 16, 2024
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    Statista (2024). Monthly change in the consumer price index for food & beverages in the U.S. 2021-2024 [Dataset]. https://www.statista.com/statistics/1369519/us-monthly-consumer-price-index-for-food-and-beverages/
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    Dataset updated
    Feb 16, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2021 - Jan 2024
    Area covered
    United States
    Description

    In January 2024, the seasonally adjusted consumer price index (CPI) for food and beverages in the United States increased by 2.5 percent compared to the same period in 2023. On the other hand, the CPI for food and beverages in the country in January 2023 increased by 9.9 percent compared to the same period a year earlier. The highest change was registered in August 2022, when the consumer price index for food and beverages increased by 10.9 percent compared to August 2021.

  15. S

    Senegal Consumer Price Index (CPI), January, 2025 - data, chart |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 15, 2025
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    Globalen LLC (2025). Senegal Consumer Price Index (CPI), January, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/Senegal/cpi/
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    csv, excel, xmlAvailable download formats
    Dataset updated
    Jan 15, 2025
    Dataset authored and provided by
    Globalen LLC
    License

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

    Time period covered
    Jan 31, 1998 - Jan 31, 2025
    Area covered
    Senegal
    Description

    Consumer Price Index (CPI) in Senegal, January, 2025 The most recent value is 101.5949 index points as of January 2025, an increase compared to the previous value of 100.5249 index points. Historically, the average for Senegal from January 1998 to January 2025 is 76.335 index points. The minimum of 60.4398 index points was recorded in June 2000, while the maximum of 103.0496 index points was reached in August 2023. | TheGlobalEconomy.com

  16. U.S. monthly inflation rate 2025

    • statista.com
    • flwrdeptvarieties.store
    Updated Mar 11, 2025
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    Statista (2025). U.S. monthly inflation rate 2025 [Dataset]. https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2021 - Jan 2025
    Area covered
    United States
    Description

    In January 2025, prices had increased by three percent compared to January 2024 according to the 12-month percentage change in the consumer price index — the monthly inflation rate for goods and services in the United States. The data represents U.S. city averages. In economics, the inflation rate is a measure of the change in price level over time. The rate of decrease in the purchasing power of money is approximately equal. A projection of the annual U.S. inflation rate can be accessed here and the actual annual inflation rate since 1990 can be accessed here. InflationOne of the most important economic indicators is the development of the Consumer Price Index in a country. The change in this price level of goods and services is defined as the rate of inflation. The inflationary situation in the United States had been relatively severe in 2022 due to global events relating to COVID-19, supply chain restrains, and the Russian invasion of Ukraine. More information on U.S. inflation may be found on our dedicated topic page. The annual inflation rate in the United States has increased from 3.2 percent in 2011 to 8.3 percent in 2022. This means that the purchasing power of the U.S. dollar has weakened in recent years. The purchasing power is the extent to which a person has available funds to make purchases. According to the data published by the International Monetary Fund, the U.S. Consumer Price Index (CPI) was about 258.84 in 2020 and is forecasted to grow up to 325.6 by 2027, compared to the base period from 1982 to 1984. The monthly percentage change in the Consumer Price Index (CPI) for urban consumers in the United States was 0.1 percent in March 2023 compared to the previous month. In 2022, countries all around the world are experienced high levels of inflation. Although Brazil already had an inflation rate of 8.3 percent in 2021, compared to the previous year, while the inflation rate in China stood at 0.85 percent.

  17. M

    Macau SAR, China CPI (A): Weight: Food and Non-Alcoholic Beverages (FB)

    • ceicdata.com
    Updated Jul 1, 2023
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    CEICdata.com (2023). Macau SAR, China CPI (A): Weight: Food and Non-Alcoholic Beverages (FB) [Dataset]. https://www.ceicdata.com/en/macau/consumer-price-index-a-july-2023june-2024100-weights/cpi-a-weight-food-and-nonalcoholic-beverages-fb
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    Dataset updated
    Jul 1, 2023
    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
    Jan 1, 2024 - Dec 1, 2024
    Area covered
    Macao
    Description

    Macau SAR (China) CPI (A): Weight: Food and Non-Alcoholic Beverages (FB) data was reported at 29.965 % in Dec 2024. This stayed constant from the previous number of 29.965 % for Nov 2024. Macau SAR (China) CPI (A): Weight: Food and Non-Alcoholic Beverages (FB) data is updated monthly, averaging 29.965 % from Oct 2022 (Median) to Dec 2024, with 27 observations. The data reached an all-time high of 29.965 % in Dec 2024 and a record low of 29.965 % in Dec 2024. Macau SAR (China) CPI (A): Weight: Food and Non-Alcoholic Beverages (FB) data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.I004: Consumer Price Index (A): July 2023-June 2024=100: Weights.

  18. M

    Macau Composite CPI: Weights: RC: Others

    • ceicdata.com
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    CEICdata.com, Macau Composite CPI: Weights: RC: Others [Dataset]. https://www.ceicdata.com/en/macau/composite-consumer-price-index-july-2023june-2024100-weights
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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
    Oct 1, 2024
    Area covered
    Macao
    Description

    Composite CPI: Weights: RC: Others data was reported at 0.528 % in Oct 2024. Composite CPI: Weights: RC: Others data is updated monthly, averaging 0.528 % from Oct 2024 (Median) to Oct 2024, with 1 observations. The data reached an all-time high of 0.528 % in Oct 2024 and a record low of 0.528 % in Oct 2024. Composite CPI: Weights: RC: Others data remains active status in CEIC and is reported by Statistics and Census Service. The data is categorized under Global Database’s Macau SAR (China) – Table MO.I002: Composite Consumer Price Index: July 2023-June 2024=100: Weights.

  19. Consumer Price Index (CPI) in India by state June 2019

    • statista.com
    Updated Sep 12, 2022
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    Consumer Price Index (CPI) in India by state June 2019 [Dataset]. https://www.statista.com/statistics/655217/consumer-price-index-india/
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    Dataset updated
    Sep 12, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 2019
    Area covered
    India
    Description

    As of June 2019, the consumer price index (CPI) in Uttar Pradesh was 140.8, which means it had increased by about 40.8 percent since the year 2012. The capital city of the country, Delhi, had a consumer price index of 141.9 in the measured time.

  20. Monthly headline consumer price index 2019-2024, by region

    • statista.com
    Updated Oct 14, 2024
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    Statista (2024). Monthly headline consumer price index 2019-2024, by region [Dataset]. https://www.statista.com/statistics/1032274/headline-consumer-price-index-inflation-worldwide/
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    Dataset updated
    Oct 14, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2020 - May 2024
    Area covered
    Worldwide
    Description

    In August 2024, the global consumer price index, excluding the United States, stood at 187.7, compared to 160.1 for the U.S. The data for the world and emerging economies are distorted by hyperinflation in Venezuela and may not accurately reflect the inflation rate of other countries. However, Russia's war in Ukraine caused a surge in prices globally through 2022 and 2023. The headline consumer price index tracks the changes in the price level of a basket of goods and services purchased by households. Economic challenges in Argentina While CPI increases have been significant globally, certain economies have experienced more dramatic increases than others. Argentina is a notable case of these increases, as the CPI has increased more than 100 percent between 2020 and 2023. Currently, most of the Argentinian public considers inflation and low wages to be the biggest challenges facing the country. Consumer responses to price increases Globally, consumers are coping with price increases in many ways. In a May 2023 survey, 68 percent respondents from over 14 countries indicated they were more conscious about prices than previously. In another survey from earlier that year, over 40 percent of respondents indicated they were most concerned about inflation and had changed their consumption habits as a result.

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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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