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Consumer Price Index

CPI Home

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.

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Latest Numbers

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Consumer Price Index (CPI): +1.0% in May 2022 News Release Historical Data

Unemployment Rate: 3.6% in May 2022 News Release Historical Data

Payroll Employment: +390,000(p) in May 2022 News Release Historical Data

Average Hourly Earnings: +$0.10(p) in May 2022 News Release Historical Data

Producer Price Index - Final Demand: +0.8%(p) in May 2022 News Release Historical Data

Employment Cost Index (ECI): +1.4% in 1st Qtr of 2022 News Release Historical Data

Productivity: -7.3%(r) in 1st Qtr of 2022 News Release Historical Data

U.S. Import Price Index: +0.6% in May 2022 News Release Historical Data

U.S. Export Price Index: +2.8% in May 2022 News Release Historical Data

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News Releases

CPI for all items rises 1.0% in May; shelter, gasoline, food indexes rise

06/10/2022

In May, the Consumer Price Index for All Urban Consumers rose 1.0 percent, seasonally adjusted, and rose 8.6 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.6 percent in May (SA); up 6.0 percent over the year (NSA).
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Next Release

June 2022 CPI data are scheduled to be released on July 13, 2022, at 8:30 A.M. Eastern Time.
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Publications

The Economics Daily

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Consumer prices up 8.6 percent over year ended May 2022

From May 2021 to May 2022, the Consumer Price Index for All Urban Consumers increased 8.6 percent, the largest 12-month increase since the period ending December 1981. read more »

Monthly Labor Review

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PPI and CPI seasonal adjustment during the COVID-19 pandemic

The CPI and PPI mitigated the effects of the COVID-19 pandemic on their seasonally adjusted price indexes. read more »

Beyond the Numbers

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Measuring consumer price change during economic downturns: a review of assumptions about consumer spending

During economic downturns, how do these measures help in analyzing price change, and what can we assume about consumption? This Beyond the Numbers article explores the final C-CPI-U during the Great Recession and the recession that occurred as a result of the COVID-19 pandemic. Additionally, the article evaluates consumer spending assumptions of the CPI-U and preliminary C-CPI-U during these recessionary periods to highlight challenges of lagged consumer spending data. read more »

Spotlight on Statistics

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Industry on Tap: Wineries

This Spotlight on Statistics examines historical employment trends for wineries and other components of the beverage manufacturing industry. Additionally, the Spotlight looks at trends for wages, number of establishments, and consumer prices in the winery industry and compares them to trends among distilleries, breweries, and soft drink and ice manufacturing. Let's take a look. read more »