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. T

    United States Consumer Price Index (CPI)

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 15, 2025
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    TRADING ECONOMICS (2025). United States Consumer Price Index (CPI) [Dataset]. https://tradingeconomics.com/united-states/consumer-price-index-cpi
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    xml, csv, excel, jsonAvailable download formats
    Dataset updated
    Jul 15, 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, 1950 - Jun 30, 2025
    Area covered
    United States
    Description

    Consumer Price Index CPI in the United States increased to 322.56 points in June from 321.46 points in May 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.

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

    • statista.com
    • ai-chatbox.pro
    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.

  4. United States FRBOP Forecast: CPI Inflation: sa: Mean: Plus 3 Qtrs

    • ceicdata.com
    Updated Apr 12, 2018
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    CEICdata.com (2018). United States FRBOP Forecast: CPI Inflation: sa: Mean: Plus 3 Qtrs [Dataset]. https://www.ceicdata.com/en/united-states/consumer-price-index-urban-sa-forecast-federal-reserve-bank-of-philadelphia
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    Dataset updated
    Apr 12, 2018
    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
    Jun 1, 2016 - Mar 1, 2019
    Area covered
    United States
    Description

    FRBOP Forecast: CPI Inflation: sa: Mean: Plus 3 Qtrs data was reported at 2.233 % in Mar 2019. This records a decrease from the previous number of 2.361 % for Dec 2018. FRBOP Forecast: CPI Inflation: sa: Mean: Plus 3 Qtrs data is updated quarterly, averaging 2.531 % from Sep 1981 (Median) to Mar 2019, with 151 observations. The data reached an all-time high of 7.710 % in Dec 1981 and a record low of 1.460 % in Sep 2010. FRBOP Forecast: CPI Inflation: sa: Mean: Plus 3 Qtrs data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

  5. United States FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current

    • ceicdata.com
    Updated Feb 15, 2025
    + more versions
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    CEICdata.com (2025). United States FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current [Dataset]. https://www.ceicdata.com/en/united-states/consumer-price-index-urban-sa-forecast-federal-reserve-bank-of-philadelphia/frbop-forecast-annual-cpi-inflation-sa-mean-current
    Explore at:
    Dataset updated
    Feb 15, 2025
    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
    Jun 1, 2015 - Mar 1, 2018
    Area covered
    United States
    Description

    United States FRBOP Forecast: Annual(CPI) Consumer Price IndexInflation: sa: Mean: Current data was reported at 2.394 % in Dec 2018. This records a decrease from the previous number of 2.467 % for Sep 2018. United States FRBOP Forecast: Annual(CPI) Consumer Price IndexInflation: sa: Mean: Current data is updated quarterly, averaging 2.835 % from Sep 1981 (Median) to Dec 2018, with 150 observations. The data reached an all-time high of 9.932 % in Dec 1981 and a record low of 0.265 % in Mar 2009. United States FRBOP Forecast: Annual(CPI) Consumer Price IndexInflation: sa: Mean: Current data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

  6. Consumer Price Index (CPI)

    • catalog.data.gov
    • cloud.csiss.gmu.edu
    • +1more
    Updated May 16, 2022
    + more versions
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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

  7. CPI inflation forecast comparison UK 2020-2024

    • statista.com
    Updated Jul 9, 2025
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    Statista (2025). CPI inflation forecast comparison UK 2020-2024 [Dataset]. https://www.statista.com/statistics/375214/cpi-inflation-forecast-comparison-uk/
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    Dataset updated
    Jul 9, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2020
    Area covered
    United Kingdom
    Description

    In 2020 the Consumer Price Index (CPI) rate of the United Kingdom is expected to be between *** percent and *** percent, according to forecasts from three different institutions, the Office for Budget Responsibility, the International Monetary Fund, and the The National Institute of Economic and Social Research. CPI measures the rate of change to market basket price levels of consumer goods and services purchased by households.

  8. T

    United States Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 15, 2025
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    TRADING ECONOMICS (2025). United States Inflation Rate [Dataset]. https://tradingeconomics.com/united-states/inflation-cpi
    Explore at:
    json, excel, xml, csvAvailable download formats
    Dataset updated
    Jul 15, 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 - Jun 30, 2025
    Area covered
    United States
    Description

    Inflation Rate in the United States increased to 2.70 percent in June from 2.40 percent in May of 2025. This dataset provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  9. F

    Consumer Price Index for All Urban Consumers: All Items Less Food and Energy...

    • fred.stlouisfed.org
    json
    Updated Jul 15, 2025
    + more versions
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    (2025). Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CPILFESL
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    jsonAvailable download formats
    Dataset updated
    Jul 15, 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: All Items Less Food and Energy in U.S. City Average (CPILFESL) from Jan 1957 to Jun 2025 about core, headline figure, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  10. CPI inflation rate forecast worldwide 2022-2025

    • statista.com
    Updated May 30, 2025
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    Statista (2025). CPI inflation rate forecast worldwide 2022-2025 [Dataset]. https://www.statista.com/statistics/1330092/global-inflation-rate-forecast/
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    Dataset updated
    May 30, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2024
    Area covered
    Worldwide
    Description

    The global inflation rate reached almost nine percent in 2022 amid the COVID-19 pandemic and Russia and invasion of Ukraine. The inflation was particularly high in emerging and developing economies, where it reached almost 10 percent that year. Global inflation is expected to slow somewhat until 2025.

  11. T

    European Union Consumer Price Index (cpi)

    • tradingeconomics.com
    • jp.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Mar 10, 2023
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    TRADING ECONOMICS (2023). European Union Consumer Price Index (cpi) [Dataset]. https://tradingeconomics.com/european-union/consumer-price-index-cpi
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    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    Mar 10, 2023
    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, 1996 - Jun 30, 2025
    Area covered
    European Union
    Description

    Consumer Price Index CPI in European Union increased to 133.62 points in June from 133.23 points in May of 2025. This dataset provides - European Union Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar.

  12. U.S. projected annual inflation rate 2010-2029

    • statista.com
    Updated Aug 21, 2024
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    Statista (2024). U.S. projected annual inflation rate 2010-2029 [Dataset]. https://www.statista.com/statistics/244983/projected-inflation-rate-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

    The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

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

    • www150.statcan.gc.ca
    • datasets.ai
    • +3more
    Updated Jan 21, 2025
    + more versions
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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.

  14. Inflation Nowcasting

    • clevelandfed.org
    json
    Updated Mar 10, 2017
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    Federal Reserve Bank of Cleveland (2017). Inflation Nowcasting [Dataset]. https://www.clevelandfed.org/indicators-and-data/inflation-nowcasting
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    jsonAvailable download formats
    Dataset updated
    Mar 10, 2017
    Dataset authored and provided by
    Federal Reserve Bank of Clevelandhttps://www.clevelandfed.org/
    License

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

    Description

    The Federal Reserve Bank of Cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (PCE) and the Consumer Price Index (CPI). These nowcasts give a sense of where inflation is today. Released each business day.

  15. United States FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr

    • ceicdata.com
    Updated Apr 12, 2018
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    CEICdata.com (2018). United States FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr [Dataset]. https://www.ceicdata.com/en/united-states/consumer-price-index-urban-sa-forecast-federal-reserve-bank-of-philadelphia
    Explore at:
    Dataset updated
    Apr 12, 2018
    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
    Jun 1, 2016 - Mar 1, 2019
    Area covered
    United States
    Description

    FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr data was reported at 2.226 % in Mar 2019. This records a decrease from the previous number of 2.327 % for Dec 2018. FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr data is updated quarterly, averaging 1.951 % from Mar 2007 (Median) to Mar 2019, with 49 observations. The data reached an all-time high of 2.365 % in Jun 2018 and a record low of 1.127 % in Mar 2009. FRBOP Forecast: Core CPI Inflation: sa: Mean: Plus 1 Qtr data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s United States – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

  16. Annual average CPI forecasts in Poland 2024-2027

    • statista.com
    Updated Jun 19, 2025
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    Statista (2025). Annual average CPI forecasts in Poland 2024-2027 [Dataset]. https://www.statista.com/statistics/1065341/poland-annual-average-cpi-forecasts/
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    Dataset updated
    Jun 19, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Poland
    Description

    Poland's consumer price index is projected to reach *** percent in 2025. Record price growth, at *** percent, is expected in the first quarter of 2025. By 2027, the country's CPI will fall to *** percent.

  17. T

    CONSUMER PRICE INDEX CPI by Country Dataset

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 26, 2017
    + more versions
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    TRADING ECONOMICS (2017). CONSUMER PRICE INDEX CPI by Country Dataset [Dataset]. https://tradingeconomics.com/country-list/consumer-price-index-cpi
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    excel, csv, xml, jsonAvailable download formats
    Dataset updated
    May 26, 2017
    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
    2025
    Area covered
    World
    Description

    This dataset provides values for CONSUMER PRICE INDEX CPI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  18. Annual average consumer price index in Mexico 1980-2030

    • statista.com
    Updated Jun 18, 2025
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    Statista (2025). Annual average consumer price index in Mexico 1980-2030 [Dataset]. https://www.statista.com/statistics/1392262/annual-average-consumer-price-index-mexico/
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    Dataset updated
    Jun 18, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Mexico
    Description

    The annual average consumer price index in Mexico stood at approximately 135.39 points in 2024. Following a continuous upward trend, the index has risen by around 135.33 points since 1980. Between 2024 and 2030, the index will rise by around 27.41 points, continuing its consistent upward trajectory.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.

  19. T

    United States Core Inflation Rate

    • tradingeconomics.com
    • id.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Jul 15, 2025
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    TRADING ECONOMICS (2025). United States Core Inflation Rate [Dataset]. https://tradingeconomics.com/united-states/core-inflation-rate
    Explore at:
    excel, csv, json, xmlAvailable download formats
    Dataset updated
    Jul 15, 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, 1957 - Jun 30, 2025
    Area covered
    United States
    Description

    Core consumer prices in the United States increased 2.90 percent in June of 2025 over the same month in the previous year. This dataset provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  20. United States FRBOP Forecast: Annual Core CPI Infl: sa: Mean: Current Plus 1...

    • ceicdata.com
    Updated Apr 12, 2018
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    CEICdata.com (2018). United States FRBOP Forecast: Annual Core CPI Infl: sa: Mean: Current Plus 1 Yr [Dataset]. https://www.ceicdata.com/en/united-states/consumer-price-index-urban-sa-forecast-federal-reserve-bank-of-philadelphia
    Explore at:
    Dataset updated
    Apr 12, 2018
    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
    Jun 1, 2015 - Mar 1, 2018
    Area covered
    United States
    Description

    FRBOP Forecast: Annual Core CPI Infl: sa: Mean: Current Plus 1 Yr data was reported at 2.431 % in Jun 2018. This records an increase from the previous number of 2.302 % for Mar 2018. FRBOP Forecast: Annual Core CPI Infl: sa: Mean: Current Plus 1 Yr data is updated quarterly, averaging 2.067 % from Mar 2007 (Median) to Jun 2018, with 46 observations. The data reached an all-time high of 2.431 % in Jun 2018 and a record low of 1.402 % in Dec 2010. FRBOP Forecast: Annual Core CPI Infl: sa: Mean: Current Plus 1 Yr data remains active status in CEIC and is reported by Federal Reserve Bank of Philadelphia. The data is categorized under Global Database’s USA – Table US.I008: Consumer Price Index: Urban: sa: Forecast: Federal Reserve Bank of Philadelphia.

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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

Explore at:
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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