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
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    TRADING ECONOMICS, United States Consumer Price Index (CPI) [Dataset]. https://tradingeconomics.com/united-states/consumer-price-index-cpi
    Explore at:
    xml, csv, excel, jsonAvailable download formats
    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. 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/graph/?g=n54H
    Explore at:
    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 from Jan 1957 to Jun 2025 about core, all items, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

  4. U.S. consumer Price Index of all urban consumers 1992-2024

    • statista.com
    Updated Feb 10, 2025
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    Statista (2025). U.S. consumer Price Index of all urban consumers 1992-2024 [Dataset]. https://www.statista.com/statistics/190974/unadjusted-consumer-price-index-of-all-urban-consumers-in-the-us-since-1992/
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    Dataset updated
    Feb 10, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    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.

  5. 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
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    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.

  6. 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.

  7. F

    Inflation, consumer prices for the United States

    • fred.stlouisfed.org
    json
    Updated Apr 16, 2025
    + more versions
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    (2025). Inflation, consumer prices for the United States [Dataset]. https://fred.stlouisfed.org/series/FPCPITOTLZGUSA
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    jsonAvailable download formats
    Dataset updated
    Apr 16, 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 Inflation, consumer prices for the United States (FPCPITOTLZGUSA) from 1960 to 2024 about consumer, CPI, inflation, price index, indexes, price, and USA.

  8. United States Consumer Price Index CPI Growth

    • ceicdata.com
    Updated Feb 15, 2020
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    CEICdata.com (2020). United States Consumer Price Index CPI Growth [Dataset]. https://www.ceicdata.com/en/indicator/united-states/consumer-price-index-cpi-growth
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    Dataset updated
    Feb 15, 2020
    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
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    United States
    Description

    Key information about US Consumer Price Index CPI growth

    • US Consumer Price Index (CPI) growth was measured at 2.8 % YoY in Feb 2025, compared with a rate of 3.0 % in the previous month.
    • US Consumer Price Index growth data is updated monthly, available from Jan 1948 to Feb 2025, with an averaged number of 2.9 % YoY.
    • The data reached an all-time high of 14.6 % YoY in Mar 1980 and a record low of -3.0 % YoY in Aug 1949.

    CEIC calculates Consumer Price Index Growth from monthly Consumer Price Index. U.S. Bureau of Labor Statistics provides Consumer Price Index with base 1982-1984=100. Consumer Price Index covers Urban areas only. [COVID-19-IMPACT]

  9. 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

  10. 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
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    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.

  11. 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.

  12. U.S. monthly change in the Consumer Price Index (CPI-U) 2023-2024

    • statista.com
    Updated Jun 27, 2025
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    Statista (2025). U.S. monthly change in the Consumer Price Index (CPI-U) 2023-2024 [Dataset]. https://www.statista.com/statistics/216037/monthly-percentage-of-change-in-the-cpi-u-in-the-us/
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    Dataset updated
    Jun 27, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Nov 2023 - Nov 2024
    Area covered
    United States
    Description

    In November 2024, the seasonally adjusted consumer price index for all urban consumers (CPI-U) in the United States increased *** 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”.

  13. United States Consumer Price Index: Urban: Medical Care

    • ceicdata.com
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    CEICdata.com, United States Consumer Price Index: Urban: Medical Care [Dataset]. https://www.ceicdata.com/en/united-states/consumer-price-index-urban/consumer-price-index-urban-medical-care
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    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
    Mar 1, 2024 - Feb 1, 2025
    Area covered
    United States
    Description

    United States Consumer Price Index (CPI): Urban: Medical Care data was reported at 574.739 1982-1984=100 in Mar 2025. This records an increase from the previous number of 573.320 1982-1984=100 for Feb 2025. United States Consumer Price Index (CPI): Urban: Medical Care data is updated monthly, averaging 105.100 1982-1984=100 from Mar 1935 (Median) to Mar 2025, with 987 observations. The data reached an all-time high of 574.739 1982-1984=100 in Mar 2025 and a record low of 10.200 1982-1984=100 in Dec 1936. United States Consumer Price Index (CPI): Urban: Medical Care 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.I001: Consumer Price Index: Urban.

  14. United States FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current Plus 2...

    • ceicdata.com
    Updated Apr 12, 2018
    + more versions
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    CEICdata.com (2018). United States FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current Plus 2 Yrs [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, 2015 - Mar 1, 2018
    Area covered
    United States
    Description

    FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current Plus 2 Yrs data was reported at 2.240 % in Dec 2018. This records a decrease from the previous number of 2.316 % for Sep 2018. FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current Plus 2 Yrs data is updated quarterly, averaging 2.297 % from Sep 2005 (Median) to Dec 2018, with 54 observations. The data reached an all-time high of 2.561 % in Dec 2006 and a record low of 1.960 % in Dec 2010. FRBOP Forecast: Annual CPI Inflation: sa: Mean: Current Plus 2 Yrs 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.

  15. F

    Consumer Price Index for All Urban Consumers: Food and Beverages in U.S....

    • fred.stlouisfed.org
    json
    Updated Jul 15, 2025
    + more versions
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    (2025). Consumer Price Index for All Urban Consumers: Food and Beverages in U.S. City Average [Dataset]. https://fred.stlouisfed.org/series/CPIFABSL
    Explore at:
    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: Food and Beverages in U.S. City Average (CPIFABSL) from Jan 1967 to Jun 2025 about beverages, urban, food, consumer, CPI, inflation, price index, indexes, price, and USA.

  16. United States CBO Projection: Consumer Price Index: Urban: YoY

    • ceicdata.com
    + more versions
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    CEICdata.com, United States CBO Projection: Consumer Price Index: Urban: YoY [Dataset]. https://www.ceicdata.com/en/united-states/consumer-price-index-urban-projection-congressional-budget-office/cbo-projection-consumer-price-index-urban-yoy
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    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
    Dec 1, 2017 - Dec 1, 2028
    Area covered
    United States
    Variables measured
    Consumer Prices
    Description

    United States CBO Projection: Consumer Price Index (CPI): Urban: YoY data was reported at 2.359 % in 2028. This records an increase from the previous number of 2.351 % for 2027. United States CBO Projection: Consumer Price Index (CPI): Urban: YoY data is updated yearly, averaging 2.354 % from Dec 2012 (Median) to 2028, with 17 observations. The data reached an all-time high of 2.542 % in 2018 and a record low of 0.130 % in 2015. United States CBO Projection: Consumer Price Index (CPI): Urban: YoY data remains active status in CEIC and is reported by Congressional Budget Office. The data is categorized under Global Database’s USA – Table US.I004: Consumer Price Index: Urban: Projection: Congressional Budget Office.

  17. U.S. monthly inflation rate 2025

    • statista.com
    • ai-chatbox.pro
    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.

  18. Median Consumer Price Index

    • clevelandfed.org
    Updated Jun 25, 2025
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    Federal Reserve Bank of Cleveland (2025). Median Consumer Price Index [Dataset]. https://www.clevelandfed.org/indicators-and-data/median-cpi
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    Dataset updated
    Jun 25, 2025
    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

    Median Consumer Price Index is a part of the Median CPI indicator of the Federal Reserve Bank of Cleveland.

  19. U

    USA Consumer Price Index (CPI), June, 2025 - data, chart |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Aug 7, 2024
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    Globalen LLC (2024). USA Consumer Price Index (CPI), June, 2025 - data, chart | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/USA/cpi/
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    excel, xml, csvAvailable download formats
    Dataset updated
    Aug 7, 2024
    Dataset authored and provided by
    Globalen LLC
    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, 1960 - Jun 30, 2025
    Area covered
    United States
    Description

    Consumer Price Index (CPI) in the USA, June, 2025 The most recent value is 322.561 index points as of June 2025, an increase compared to the previous value of 321.465 index points. Historically, the average for the USA from January 1960 to June 2025 is 141.9561 index points. The minimum of 29.37 index points was recorded in January 1960, while the maximum of 322.561 index points was reached in June 2025. | TheGlobalEconomy.com

  20. T

    United States - Consumer Price Index (2010 = 100)

    • tradingeconomics.com
    csv, excel, json, xml
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    TRADING ECONOMICS, United States - Consumer Price Index (2010 = 100) [Dataset]. https://tradingeconomics.com/united-states/consumer-price-index-2005--100-wb-data.html
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    xml, json, excel, csvAvailable download formats
    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 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    Consumer price index (2010 = 100) in United States was reported at 144 in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Consumer price index (2010 = 100) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

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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/
Organization logo

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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