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.
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
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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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.
In January 2025, gasoline prices were around 0.2 percent lower than in January 2024. The data represents city averages in the United States. The defined base period is: 1982-84=100. 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". It is based on prices of food, clothing, shelter, fuels, transportation fares, charges for doctors’ and dentists’ services, drugs, and other goods and services that people buy for day-to-day living. The annual inflation rate in the U.S. since 1990 can be accessed here.
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Key information about Germany Core CPI Change
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.
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”.
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.
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Key information about Italy Core CPI Change
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Key information about Norway Core CPI Change
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Pakistan PK: Consumer Price Index (CPI): % Change data was reported at 4.085 % in 2017. This records an increase from the previous number of 3.765 % for 2016. Pakistan PK: Consumer Price Index (CPI): % Change data is updated yearly, averaging 7.158 % from Dec 1957 (Median) to 2017, with 61 observations. The data reached an all-time high of 26.663 % in 1974 and a record low of -3.390 % in 1959. Pakistan PK: 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 Pakistan – Table PK.IMF.IFS: Consumer and Producer Price Index: Annual.
U.S. Government Workshttps://www.usa.gov/government-works
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This dataset contains China Consumer Price Index by Category (The same month last year=100).
Data from National Bureau of Statistics China. Follow datasource.kapsarc.org for timely data to advance energy economics research.
Notes:
1.According to the regulations of the statistical system, China's CPI rotates at a base period every five years. After each base period rotation, the survey classification catalogue, representative specifications and survey outlets are adjusted, and the classification weights are also changed to reflect the latest changes in the residents' consumption structure.2.The CPI compiled and released from January 2016 to December 2020 was based on 2015. Compared with the previous base periods , the eight categories of this base period have significant changes. Among them, "Food", "Tobacco and Alcohol" are merged into "Food, Tobacco and Alcohol", "Health Care and Personal Articles" is split into "Household Articles and Services", "Health Care" and "Miscellaneous Goods and Services", "Recreation, Education, Cultural Articles" is split into "Education, Culture and Recreation" and "Miscellaneous Goods and Services", "Household Facilities, Articles and Services" is split into "Articles for Daily Use and Services" and "Miscellaneous Goods and Services". In addition, the index connotation of "Food" has changed. The "Food" in the previous base periods is a broad category, including grain, meat and poultry, fresh vegetables, fresh fruits, aquatic products, tea and beverages, and dining out; this base period "Food" is the medium category under the "Food, Tobacco and Alcohol" category, which only includes grain, livestock meat, poultry meat, fresh vegetables, fresh fruits, aquatic products, etc., and no longer includes "tea and beverages" and "dining out" .3.From January 2021, the CPI based on 2020 is compiled and released. This new base period is still divided into eight categories: "Food, Tobacco and Alcohol", "Clothing", "Residence", "Household Articles and Services"," Transportation and Communication", "Education, Culture and Recreation", "Health Care", "Miscellaneous Goods and Services", and the basic category has increased to 268.
In 2023 and through 2024, the world saw inflation rates increase amid, among other things, post-COVID-19 effects and the Russia-Ukraine war. Argentina and Turkey were both plagued by hyperinflation, with over 219 and 58 percent in 2024, respectively. Except for these, Russia had the highest inflation rate, at nearly eight percent. On the other hand, China had the lowest rate of the countries included here, at 0.2 percent. Argentinian inflation crisis During the 2020s, Argentina was struck by extreme levels of inflation, which severely impacted the livelihoods of Argentinians. Specifically, the costs of goods have presented numerous challenges to Argentinian consumers. In Argentina, a basic food basket that costs around 26,000 Argentinian pesos cost over 100,000 by February 2024. Similarly, a basic consumer goods basket that cost around 57,000 Argentinian pesos in February 2023 rose to over 220,000 by February 2024. While these rising costs have been challenging for consumers, Argentina’s inflation rate is expected to decrease beginning in 2024 and is estimated to reach 8.9% by 2029.
British recession Besides the outliers of Argentina and Turkey, the United Kingdom had a comparatively high CPI rate. As of 2024, the British economy has entered a recession, the only G7 country to do so. Just before the general election held in July 2024, British voters indicated that health, mostly the lack of financial support and staff shortages, as well as the economy was the most important issue to them.
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Key information about Slovakia Core CPI Change
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Costa Rica CR: Consumer Price Index (CPI): % Change data was reported at -0.413 % in 2024. This records a decrease from the previous number of 0.525 % for 2023. Costa Rica CR: Consumer Price Index (CPI): % Change data is updated yearly, averaging 5.835 % from Dec 1951 (Median) to 2024, with 74 observations. The data reached an all-time high of 90.121 % in 1982 and a record low of -2.771 % in 1952. Costa Rica CR: 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 Costa Rica – Table CR.IMF.IFS: Consumer and Producer Price Index: Annual.
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Key information about Luxembourg Core CPI Change
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Key information about Slovenia Core CPI Change
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The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Hungary was 5.7 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 5.68 percent. Compared to a year ago, we see an increase from the...
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Key information about Ireland Core CPI Change
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.