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.
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1-month change in the Adjusted price index based on monthly adjusted consumer expenditure basket weights created by Statistics Canada, in partnership with the Bank of Canada. The Adjusted price index has been updated to incorporate the 2020 basket weights and is now based on a Similarity-linked Fisher price index formula. The expenditure data covers all goods and services in the Consumer Price Index.
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The tables presented in this file are a supplement to the article “CBS switches to new method for calculating energy prices in the CPI”, published on 30 June 2023. The article presents the results of the research carried out by Statistics Netherlands (CBS) in order to develop new energy prices for the Consumer price index (CPI).
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Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Formula Feeds (WPU0293) from Jan 1962 to Feb 2025 about processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.
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There are a number of differences between the Consumer Prices Index (CPI) and Retail Prices Index (RPI), including their coverage, population base, commodity measurement and methods of construction. Combined, these differences have meant that, for most of its history, the CPI has been lower than the RPI. One of the main reasons to this difference is the method of construction at the lowest level, where different formulae are used in the CPI and RPI to combine individual prices. This difference is usually referred to as the formula effect. This article will investigate similar formula effects present in the inflation measures of other countries, and where necessary will attempt to explain why the magnitude of the formula effect experienced by other countries differs from that of the UK.
Source agency: Office for National Statistics
Designation: National Statistics
Language: English
Alternative title: International Comparison
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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United States - Producer Price Index by Commodity: Processed Foods and Feeds: Formula Feeds was 258.98200 Index 1982=100 in December of 2024, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Formula Feeds reached a record high of 304.54900 in September of 2022 and a record low of 113.40000 in February of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Processed Foods and Feeds: Formula Feeds - last updated from the United States Federal Reserve on February of 2025.
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The Chained Consumer Price Index for All Urban Consumers, was introduced with the release of July data in August 2002. Designated the C-CPI-U, the index supplements the existing Consumer Price Indexes already produced by the BLS: the CPI for All Urban Consumers (CPI-U) and the CPI for Urban Wage Earners and Clerical Workers (CPI-W). The C-CPI-U employs a Tornqvist formula and utilizes expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item categories in response to changes in relative prices. The new measure is designed to be a closer approximation to a "cost-of-living" index than the present measures. The use of expenditure data for both a base period and the current period in order to average price change across item categories distinguishes the C-CPI-U from the existing CPI measures, which use only a single expenditure base period to compute the price change over time.
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United States PPI: Weights: PO: Formula Feeds data was reported at 0.413 % in 2024. This records a decrease from the previous number of 0.432 % for 2023. United States PPI: Weights: PO: Formula Feeds data is updated yearly, averaging 0.381 % from Dec 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 0.469 % in 2022 and a record low of 0.266 % in 2007. United States PPI: Weights: PO: Formula Feeds data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I062: Producer Price Index: by Commodities: Weights.
The FAO Food Price Index (FFPI) averaged 124.9 points in January 2025, down 2.1 points from December 2024. The highest value for the index in the past 23 years was reached in March 2022. However, the rate of food price increases has been decreasing since.
Food prices worldwide The annual FAO Food Price Index (FFPI) by category shows that the price of vegetable oils grew by a particularly large margin. One of the factors that influenced the spike in oil prices worldwide during 2020 and 2021 were the supply-chain disruptions during the COVID-19 pandemic. Moreover, after the war in Ukraine, shipping costs and grain prices also had a noticeable impact on global food prices. Global food prices are calculated to have increased by 3.68 percent, due to changes in shipping costs and grain prices. The European Union (EU) has experienced a particularly high increase in the annual consumer prices for food and non-alcoholic beverages, as compared to other selected countries worldwide. Inflation in Europe
The inflation rate for food in the EU grew from 0.2 percent in May 2021 to 19.2 percent in March 2023, as compared to the same month in the previous year. In the following months, the food inflation started decreasing again, reaching 1.86 percent in April 2024. The overall inflation rate in the Euro area reached its peak in December 2022 at 9.2 percent. The rate has since fallen to 2.4 percent in December 2024. As measured by the Harmonized Index of Consumer Prices (HICP), inflation rates in Europe were highest in Turkey, North Macedonia, and Romania as of December 2024.
Consumer price index of Chile surged by 7.58% from 158.6 index in 2022 to 170.7 index in 2023. Since the 1.79% upward trend in 2013, consumer price index soared by 57.49% in 2023. Consumer price index reflects changes 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 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
The index relates to costs ruling on the first day of each month. NATIONAL HOUSE CONSTRUCTION COST INDEX; Up until October 2006 it was known as the National House Building Index Oct 2000 data; The index since October, 2000, includes the first phase of an agreement following a review of rates of pay and grading structures for the Construction Industry and the first phase increase under the PPF. April, May and June 2001; Figures revised in July 2001due to 2% PPF Revised Terms. March 2002; The drop in the March 2002 figure is due to a decrease in the rate of PRSI from 12% to 10¾% with effect from 1 March 2002. The index from April 2002 excludes the one-off lump sum payment equal to 1% of basic pay on 1 April 2002 under the PPF. April, May, June 2003; Figures revised in August'03 due to the backdated increase of 3% from 1April 2003 under the National Partnership Agreement 'Sustaining Progress'. The increases in April and October 2006 index are due to Social Partnership Agreement "Towards 2016". March 2011; The drop in the March 2011 figure is due to a 7.5% decrease in labour costs. Methodology in producing the Index Prior to October 2006: The index relates solely to labour and material costs which should normally not exceed 65% of the total price of a house. It does not include items such as overheads, profit, interest charges, land development etc. The House Building Cost Index monitors labour costs in the construction industry and the cost of building materials. It does not include items such as overheads, profit, interest charges or land development. The labour costs include insurance cover and the building material costs include V.A.T. Coverage: The type of construction covered is a typical 3 bed-roomed, 2 level local authority house and the index is applied on a national basis. Data Collection: The labour costs are based on agreed labour rates, allowances etc. The building material prices are collected at the beginning of each month from the same suppliers for the same representative basket. Calculation: Labour and material costs for the construction of a typical 3 bed-roomed house are weighted together to produce the index. Post October 2006: The name change from the House Building Cost Index to the House Construction Cost Index was introduced in October 2006 when the method of assessing the materials sub-index was changed from pricing a basket of materials (representative of a typical 2 storey 3 bedroomed local authority house) to the CSO Table 3 Wholesale Price Index. The new Index does maintains continuity with the old HBCI. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. Oct 2008 data; Decrease due to a fall in the Oct Wholesale Price Index.
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The Consumer Price Index (CPI) provides a statistical measure of the conjunctural evolution of the set of prices of goods and services consumed by the resident population in family homes. The set of goods and services, which make up the shopping basket, is basically obtained from the consumption of families and the importance of each of them in the calculation of the CPI is determined by said consumption. It offers both a general index and a price index by groups of products or services, both for the national as a whole and for La Rioja; annual averages and also changes or increases between reference periods are disseminated.
Investment banking services price index (IBSPI) measures the change in price of investment banking services. Annual data are available from 2010. The table presents the year-over-year percentage changes. The calculation of the index is available in a Fisher, Paasche and Laspeyres price index. The base period for the index is 2017=10.
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United States PCE: PI: Qtr: Less Formula Effect data was reported at -0.050 Point in Mar 2013. This records an increase from the previous number of -0.160 Point for Dec 2012. United States PCE: PI: Qtr: Less Formula Effect data is updated quarterly, averaging -0.160 Point from Mar 2002 (Median) to Mar 2013, with 45 observations. The data reached an all-time high of 0.710 Point in Dec 2008 and a record low of -0.450 Point in Sep 2005. United States PCE: PI: Qtr: Less Formula Effect data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A139: NIPA 2009: Personal Consumption Expenditure Price Index and CPI Reconciliation: Quarterly.
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Data in table tells us about the year-wise Consumer Price Index - General Index for all Indian states and UTs from 2015-2017. Data is available for rural, urban and combined number separately. The specific weightage of rural, urban and combined is also calculated as percentage of whole.
Note: 1) Indices are based on CPI Base Year 2012=100 2) Index for the year 2017 is the average of Indices from January 2017 to September(Prov.) 2017. 3) Urban Indices of Arunachal Pradesh were not compiled.
Consumer price index of Sudan shot up by 138.81% from 16,245.9 index in 2021 to 38,796.6 index in 2022. Since the 35.56% jump in 2012, consumer price index soared by 24,134.12% in 2022. Consumer price index reflects changes 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.
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