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 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.

  3. F

    Consumer Price Index for All Urban Consumers: Food at Home in U.S. City...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
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    (2025). Consumer Price Index for All Urban Consumers: Food at Home in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CUSR0000SAF11
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    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

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

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: Food at Home in U.S. City Average (CUSR0000SAF11) from Jan 1952 to Feb 2025 about urban, food, consumer, CPI, housing, inflation, price index, indexes, price, and USA.

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

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

    In January 2025, the unadjusted consumer price index (CPI) of all items for urban consumers in the United States amounted to about 317.67. The data represents U.S. city averages. The base period was 1982-84=100. The CPI is defined by the United States Bureau of Labor Statistics as “a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services”. The annual consumer price index for urban consumers in the U.S. can be accessed here. Consumer Price Index The Consumer Price Index (CPI) began in 1919 under the Bureau of Labor Statistics and is published every month. The CPI for all urban consumers includes urban households in Metropolitan Statistical Areas and regions with over 2,500 inhabitants, as well as non-farm consumers living in rural regions. This index was established in 1978 and includes about 80 percent of the U.S. population. The monthly CPI of urban consumers in the United States increased from 292.3 in May 2022 to 304.13 in 2023. Inflation tends not to impact everyone equally for a variety of reasons, including geography - CPI often differs between regions, with a high of 287.49 in the Western region as of 2021. There are also disparities in inflation between income quartiles, in which inflation is generally felt more heavily by lower income households. The annual CPI in the United States has increased steadily over the past two decades, from 140.3 in 1992 to 292.56 in 2022. A forecast of the CPI expects this positive trend to continue, reaching 325.6 by 2027. As of March 2023, the CPI of the nation’s education had increased by 3.5 percent. Further, in the same month costs of recreation, rent, housing, medical care, and food and beverages, gasoline, and transportation increased. Comparatively, the CPI in Hong Kong reached 103.3 in 2022.

  5. T

    Japan Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +17more
    csv, excel, json, xml
    Updated Mar 21, 2025
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    TRADING ECONOMICS (2025). Japan Inflation Rate [Dataset]. https://tradingeconomics.com/japan/inflation-cpi
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    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Mar 21, 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, 1958 - Feb 28, 2025
    Area covered
    Japan
    Description

    Inflation Rate in Japan decreased to 3.70 percent in February from 4 percent in January of 2025. This dataset provides the latest reported value for - Japan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  6. F

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

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
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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
    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: 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.

  7. 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.

  8. F

    Consumer Price Index for All Urban Consumers: Food in U.S. City Average

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

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

    Area covered
    United States
    Description

    Graph and download economic data for Consumer Price Index for All Urban Consumers: Food in U.S. City Average (CPIUFDNS) from Jan 1913 to Feb 2025 about urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.

  9. U.S. 12-month percentage of change CPI-U 2025, by expenditure category

    • statista.com
    Updated Mar 11, 2025
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    Statista (2025). U.S. 12-month percentage of change CPI-U 2025, by expenditure category [Dataset]. https://www.statista.com/statistics/216055/annual-percentage-of-change-in-the-us-cpi-u-by-expenditure-category/
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    Dataset updated
    Mar 11, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jan 2025
    Area covered
    United States
    Description

    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.

  10. T

    Romania Inflation Rate

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +16more
    csv, excel, json, xml
    Updated Mar 13, 2025
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    TRADING ECONOMICS (2025). Romania Inflation Rate [Dataset]. https://tradingeconomics.com/romania/inflation-cpi
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    csv, excel, json, xmlAvailable download formats
    Dataset updated
    Mar 13, 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
    Oct 31, 1991 - Feb 28, 2025
    Area covered
    Romania
    Description

    Inflation Rate in Romania increased to 5 percent in February from 4.95 percent in January of 2025. This dataset provides - Romania Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  11. CPI annual inflation rate UK 2000-2029

    • statista.com
    • flwrdeptvarieties.store
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    Statista (2025). CPI annual inflation rate UK 2000-2029 [Dataset]. https://www.statista.com/statistics/306720/cpi-rate-forecast-uk/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United Kingdom
    Description

    In 2024, the annual inflation rate for the United Kingdom was 2.5 percent, with the average rate for 2025 predicted to rise to 3.2 percent. The UK has only recently recovered from a period of elevated inflation, which saw the CPI rate reach 7.3 percent in 2023, and 9.1 percent in 2022. Before 2022, the inflation rate was at its highest in 2011 when it reached 4.5 percent, and was lowest in 2015 when an annual inflation rate of zero percent was recorded. Inflation has been surging in the UK since late 2021, and reached a 41-year-high of 11.1 percent in October 2022. Since that recent peak, inflation has gradually subsided, and was four percent in January 2024. Inflation down but not out in 2024 Although there are some positive signals regarding UK inflation decelerating throughout 2023, prices are still rising at quite a fast rate, especially in certain sectors. Food inflation, for example, only fell below double-figures in November 2023, and was still rising by 6.9 percent in January 2024. As of that month, however, alcohol and tobacco prices were rising faster than any other sector, with an inflation rate of 12.4 percent. Additionally, underlying core inflation, which measures prices rises without food and energy, is slightly above the headline inflation rate, and was 5.1 percent as of the most recent month. With some aspects of inflation seemingly becoming embedded in the UK economy, this will likely prolong the current Cost of Living Crisis engulfing UK households. Inflation crisis across in the world in 2022 The UK has not been alone in suffering from runaway inflation over the last few years. From late 2021 onwards, various factors converged to encourage a global acceleration of prices, leading to the ongoing inflation crisis. Blocked-up supply chains were one of the main factors as the world emerged from the COVID-19 pandemic. This was followed by energy and food inflation skyrocketing after Russia's invasion of Ukraine. Central bank interest rates were raised globally in response to the problem, possibly putting an end to the era of cheap money that has defined monetary policy since the financial crash of 2008.

  12. T

    Pakistan Inflation Rate

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +16more
    csv, excel, json, xml
    Updated Mar 3, 2025
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    TRADING ECONOMICS (2025). Pakistan Inflation Rate [Dataset]. https://tradingeconomics.com/pakistan/inflation-cpi
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    xml, excel, csv, jsonAvailable download formats
    Dataset updated
    Mar 3, 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, 1957 - Feb 28, 2025
    Area covered
    Pakistan
    Description

    Inflation Rate in Pakistan decreased to 1.50 percent in February from 2.40 percent in January of 2025. This dataset provides the latest reported value for - Pakistan Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  13. F

    Sticky Price Consumer Price Index less Food and Energy

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
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    (2025). Sticky Price Consumer Price Index less Food and Energy [Dataset]. https://fred.stlouisfed.org/series/CORESTICKM159SFRBATL
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    jsonAvailable download formats
    Dataset updated
    Mar 12, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Description

    Graph and download economic data for Sticky Price Consumer Price Index less Food and Energy (CORESTICKM159SFRBATL) from Jan 1968 to Feb 2025 about sticky, core, CPI, inflation, rate, price index, indexes, price, and USA.

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

    • www150.statcan.gc.ca
    Updated Mar 18, 2025
    + more versions
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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.

  15. 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 .

  16. M

    U.S. Inflation Rate 1960-2025

    • macrotrends.net
    csv
    Updated Feb 28, 2025
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    MACROTRENDS (2025). U.S. Inflation Rate 1960-2025 [Dataset]. https://www.macrotrends.net/global-metrics/countries/USA/united-states/inflation-rate-cpi
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    csvAvailable download formats
    Dataset updated
    Feb 28, 2025
    Dataset authored and provided by
    MACROTRENDS
    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, 1960 - Mar 10, 2025
    Area covered
    United States
    Description

    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.

  17. F

    Consumer Price Index for All Urban Consumers: Motor Vehicle Parts and...

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
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    (2025). Consumer Price Index for All Urban Consumers: Motor Vehicle Parts and Equipment in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CUUR0000SETC
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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: Motor Vehicle Parts and Equipment in U.S. City Average (CUUR0000SETC) from Dec 1977 to Feb 2025 about parts, vehicles, equipment, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  18. Historical (real-time) releases of Consumer Price Index (CPI) statistics,...

    • www150.statcan.gc.ca
    • ouvert.canada.ca
    • +2more
    Updated Mar 3, 2025
    + more versions
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    Government of Canada, Statistics Canada (2025). Historical (real-time) releases of Consumer Price Index (CPI) statistics, measures of core inflation - Bank of Canada definitions [Dataset]. http://doi.org/10.25318/1810025901-eng
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    Dataset updated
    Mar 3, 2025
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    Historical (real-time) releases of the measures of core inflation, with data from 1989 (not all combinations necessarily have data for all years). Data are presented for the current release and previous four releases. Users can select other releases that are of interest to them.

  19. F

    Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S....

    • fred.stlouisfed.org
    json
    Updated Mar 12, 2025
    + more versions
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    (2025). Consumer Price Index for All Urban Consumers: Used Cars and Trucks in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CUSR0000SETA02
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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: Used Cars and Trucks in U.S. City Average (CUSR0000SETA02) from Jan 1953 to Feb 2025 about used, trucks, vehicles, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  20. T

    Turkey Inflation Rate

    • tradingeconomics.com
    • fa.tradingeconomics.com
    • +15more
    csv, excel, json, xml
    Updated Mar 3, 2025
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    TRADING ECONOMICS (2025). Turkey Inflation Rate [Dataset]. https://tradingeconomics.com/turkey/inflation-cpi
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    json, excel, xml, csvAvailable download formats
    Dataset updated
    Mar 3, 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, 1965 - Feb 28, 2025
    Area covered
    Turkey
    Description

    Inflation Rate in Turkey decreased to 39.05 percent in February from 42.12 percent in January of 2025. This dataset provides the latest reported value for - Turkey Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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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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