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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.
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.
Consumer price indexes (CPIs) are index numbers that measure changes in the prices of goods and services purchased or otherwise acquired by households, which households use directly, or indirectly, to satisfy their own needs and wants. In practice, most CPIs are calculated as weighted averages of the percentage price changes for a specified set, or ‘‘basket’’, of consumer products, the weights reflecting their relative importance in household consumption in some period. CPIs are widely used to index pensions and social security benefits. CPIs are also used to index other payments, such as interest payments or rents, or the prices of bonds. CPIs are also commonly used as a proxy for the general rate of inflation, even though they measure only consumer inflation. They are used by some governments or central banks to set inflation targets for purposes of monetary policy. The price data collected for CPI purposes can also be used to compile other indices, such as the price indices used to deflate household consumption expenditures in national accounts, or the purchasing power parities used to compare real levels of consumption in different countries.
In an effort to further coordinate and harmonize the collection of CPI data, the international organizations agreed that the International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD) would assume responsibility for the international collection and dissemination of national CPI data. Under this data collection initiative, countries are reporting the aggregate all items index; more detailed indexes and weights for 12 subgroups of consumption expenditure (according to the so-called COICOP-classification), and detailed metadata. These detailed data represent a valuable resource for data users throughout the world and this portal would not be possible without the ongoing cooperation of all reporting countries. In this effort, the OECD collects and validates the data for their member countries, including accession and key partner countries, whereas the IMF takes care of the collection of data for all other countries.
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Representative items within the Consumer Prices Index including owner occupiers' housing costs, Consumer Prices Index and Retail Prices Index for the basket of goods and services.
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.
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.
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Austria AT: Consumer Price Index (CPI): Local Source Base Year: All Items data was reported at 120.267 2020=100 in 2023. This records an increase from the previous number of 111.550 2020=100 for 2022. Austria AT: Consumer Price Index (CPI): Local Source Base Year: All Items data is updated yearly, averaging 55.823 2020=100 from Dec 1958 (Median) to 2023, with 66 observations. The data reached an all-time high of 120.267 2020=100 in 2023 and a record low of 14.452 2020=100 in 1958. Austria AT: Consumer Price Index (CPI): Local Source Base Year: All Items data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Austria – Table AT.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Annual. The Austrian CPI measure price changes in a fixed basket of goods and services bought in Austria for the purpose of consumption by all Austrian households, foreign visitors and residents in institutional households. The prices used in the CPI calculation are the transaction prices actually paid by consumers including taxes less any general discounts, rebates or subsidies. Method of collection: Personal visits and mail questionnaire, paper collection forms, centrally collected prices by mail and telephone. Treatment of rentals for housing: Apartments rent abroad are included. Treatment of Owner-Occupied Housing: Regular payments for Owner occupied flats are included (payment approach), initial payments are excluded. House construction goods and services and major repairs are included. The purchase of a house and other real estate (land prices, housing agents) are not included. Treatment of missing prices: Prices are adjusted by the rate of change of the other price observations of the same product. If product offers are not available any more a new product offer is selected as replacement immediately after three months at latest. Treatment of quality changes: Quantity adjustment for food, Expert Judgment adjustment method e.g. for clothing, Option pricing method for durables and cars, Hedonic method for notebooks. Introduction of new products: New products are selected with respect to demand (turnover) and availability and they are introduced every December. New models and varieties are implemented by replacement as soon as they become relevant. Treatment of seasonal items: When a product offer disappears for seasonal non-availability, it is not replaced but its price relative is excluded from calculation. The index is then calculated with the rest of available prices. If the seasonal variety becomes available again the respective price relative is included in the calculation again (after potential quality adjustment). For a minority of products which would not at all be available in whole Austria the last prices are carried forward (e.g. schools and theatres in summer or public baths in winter).; Index series starts in January 1958
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Consumer Price Index CPI in Egypt increased to 239.20 points in January from 235.60 points in December of 2024. This dataset provides - Egypt Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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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 Feb 2025 about core, headline figure, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.
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The Regional Price Index contrasts the cost of a common basket of goods and services at a number of regional locations to the Perth metropolitan area. The RPIs were commissioned to assist with the calculation of the Western Australian State Government’s regional district allowance, and it has been used to assist in policy decision-making. Show full description
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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.
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Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data was reported at 107.900 2020=100 in Dec 2022. This records a decrease from the previous number of 109.933 2020=100 for Sep 2022. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data is updated quarterly, averaging 104.367 2020=100 from Mar 1985 (Median) to Dec 2022, with 152 observations. The data reached an all-time high of 114.900 2020=100 in Sep 1999 and a record low of 10.633 2020=100 in Mar 1985. Israel IL: Consumer Price Index (CPI): Local Source Base Year: Recreation and Culture data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Israel – Table IL.OECD.MEI: Consumer Price Index: COICOP 1999: OECD Member: Quarterly. The CPI measures the change in prices which consumer pay for fixed market basket of consumption goods and services. Price coverage: Prices include applicable taxes (VAT) and fees on the products at the time of sale. Cash payments are the basis for the price survey. Monthly installment payment and credit card interest are excluded. Price collection procedure: The data collection methods are adapted according to the specific characteristics of the CPI classes. The main price surveys are: Computer Assisted Telephone Interviews (CATI), conducted by the CBS staff at the central office; Computer Assisted Personal Interviews (CAPI) by field collectors with handheld personal computers (HPC) and Direct Data Entry (DDE) into the database. Also for some special items Internet is used either in parallel with CAPI or as a part of DDE collection. The CPI includes a measure of rented housing Owner Occupied Housing (OOH) is included in the CPI and is calculated using rental equivalent method. The method for imputation of OOH is based on stratified average prices of contracts that are subject to renewal. In order to reduce variance in the monthly series, two month moving averages are compared each month. However, the method for OOH still leaves room for quality differences to play role in month-to-month average price changes. The method relies on successful stratification of apartments to groups whose relative price changes are as similar as possible. While the stratification is based on apartment location and number of rooms, some quality characteristics may experience month-to-month variation. Treatment of own account production is not included Goods and services sold illegally, second hand goods, goods and services partially or totally subsidized by the government and financial transactions are not included. Insurance: Insurance of personal transport and Health insurance (private and provided by the Government) are included. Treatment of missing items: Price changes for missing observations are imputed based on the price movements of other observations of the same item. Selection of replacement items: Products that become permantely unavailable are replaced in the sample and enumerators select a replacement possessing as many of the same quality characteristics as possible. Prices from previous period are sought for the replacement item for linking purpose. Treatment of quality change: There are two types of replacement approach: comparable and non-comparable. If a new product possesses the previously defined important characteristics of the old product, the new product is defined as comparable and a minor quality change is regarded as price change. Otherwise, if a significant quality change is introduced, the new product is defined as not comparable. The breakage in price series is treated by the linking method. Explicit quality adjustments are usually not performed. Hedonic methods are being considered but not yet implemented. In some cases, where the product cycle is short and new versions with improved quality characteristics are frequently introduced, the overlap method may give biased estimates. Introduction of new products: New items are introduced when the market basket is updated. New products are introduced into the sample as they gain significant market share. Business and professional periodicles are closely followed to gain information on new products that are gaining consumer demand. Seasonal items: Missing prices for seasonal products are imputed. Certain procedures are in place to avoid too early reintroduction of seasonal products back to the index. For price changes a bridge method is used when the items are reintroduced to the collection. Index series are also calculated and released in seasonally adjusted form.; Index series starts in November 1985
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Key information about Thailand Consumer Price Index CPI growth
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Key information about EU Consumer Price Index CPI growth
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Key information about Nepal Consumer Price Index CPI growth
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This table includes figures on the price developments of a package of goods and services purchased by consumers in the Netherlands. The figures are consistent with European directives also known as the harmonised consumer price index (HICP). In all member states of the European Union (EU), these indices are compiled in a similar manner to facilitate comparison between the various EU countries.
This table also contains the HICP at constant taxes: this price index excludes the effect of changes in the rates of product-related taxes (e.g. VAT and excise duty on alcohol and tobacco).
The table also includes the month-on-month and year-on-year changes of the HICP. The year-on-year change of total consumer expenditure is known as inflation. The figures are shown for 327 product groups in 2025. Furthermore, 34 combinations of product groups (special aggregates) are displayed. The weighting coefficient shows how much consumers in the Netherlands spend on each product group in relation to their total expenditure. The total weighting is 100,000.
HICP figures are published every month. In addition, an annual figure is published at the end of the year. The HICP of a calendar year is calculated as the average of the indices of the twelve months of that year.
Data available from: January 1996.
Status of the figures: Figures of the flash estimate are published at the end of a reporting month, or shortly thereafter. At the flash estimate, figures are made available for the all items category and for a selection of special aggregates. These figures are calculated on the basis of still incomplete source data. The results of the flash estimate are characterized as provisional.
In most cases, the figures are final in the second publication of the same reporting month. Differences between the provisional and final indices are caused by source material that has become available after the flash estimate. The results of the HICP are only marked as provisional in the second publication if it is already known at the time of publication that data are still incomplete, a revision is expected in a later month, or in special circumstances such as the corona crisis. In that case, the figures become final one month later.
Changes compared with previous version: Data on the most recent period have been added and/or adjustments have been implemented.
Changes as of 13 February 2025: Starting in the reporting month of January 2025, price changes will be published for expenditure categories 053290 Other small electric household appliances and 103000 Post-secondary non-tertiary education. The base period for this new index series is December 2024. This means that the index level of 100 is the price level measured in December 2024.
Changes as of 8 February 2024: Starting in the reporting month of January 2024, a price change will be published for expenditure category 063000 Hospital Services. The base period for this new index series is December 2023. This means that the index level of 100 is the price level measured in December 2023. Previously, between 2000 and 2009, an index was published for the same expenditure category. The base year for that index series was 2005=100. It was discontinued after December 2009. The current series starts again from 100 in December 2023.
When will new figures be published? The figures of the flash estimate are published on the last working day of the month to which the figures relate, or shortly thereafter.
Final figures will usually be published between the first and second Thursday of the month following on the reporting month.
All CPI and HICP publications are announced on the publication calendar.
In economics, the inflation rate is a measure of the change in price of a basket of goods. The most common measure being the consumer price index. It is the percentage rate of change in price level over time, and also indicates the rate of decrease in the purchasing power of money. The annual rate of inflation for 2023, was 4.1 percent higher in the United States when compared to the previous year. More information on inflation and the consumer price index can be found on our dedicated topic page. Additionally, the monthly rate of inflation in the United States can be accessed here. Inflation and purchasing power Inflation is a key economic indicator, and gives economists and consumers alike a look at changes in prices in the wider economy. For example, if an average pair of socks costs 100 dollars one year and 105 dollars the following year, the inflation rate is five percent. This means the amount of goods an individual can purchase with a unit of currency has decreased. This concept is often referred to as purchasing power. The data presents the average rate of inflation in a year, whereas the monthly measure of inflation measures the change in prices compared with prices one year ago. For example, monthly inflation in the U.S. reached a peak in June 2022 at 9.1 percent. This means that prices were 9.1 percent higher than they were in June of 2021. The purchasing power is the extent to which a person has available funds to make purchases. The Big Mac Index has been published by The Economist since 1986 and exemplifies purchasing power on a global scale, allowing us to see note the differences between different countries currencies. Switzerland for example, has the most expensive Big Mac in the world, costing consumers 6.71 U.S. dollars as of July 2022, whereas a Big Mac cost 5.15 dollars in the United States, and 4.77 dollars in the Euro area. One of the most important tools in influencing the rate of inflation is interest rates. The Federal Reserve of the United States has the capacity to make changes to the federal interest rate . Changes to the rate of inflation are thought to be an imbalance between supply and demand. After COVID-19 related lockdowns came to an end there was a sudden increase in demand for goods and services with consumers having more funds than usual thanks to reduced spending during lockdown and government funded economic support. Additionally, supply-chain related bottlenecks also due to lockdowns around the world and the Russian invasion of Ukraine meant that there was a decrease in the supply of goods and services. By increasing the interest rate, the Federal Reserve aims to reduce spending, and thus bring demand back into balance with supply.
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Consumer Price Index CPI in Japan increased to 107.20 points in March from 106.90 points in February of 2024. This dataset provides the latest reported value for - Japan Consumer Price Index (CPI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
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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