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Bureau of Labor Statistics > Consumer Price Index > Home

CPI Home

January 2023 CPI weight update

Starting with January 2023 data, the BLS plans to update weights annually for the Consumer Price Index based on a single calendar year of data, using consumer expenditure data from 2021. This reflects a change from prior practice of updating weights biennially using two years of expenditure data.

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.

Notices

Updated seasonal factors to be introduced February 10, 2023 Read More »

Charts

12-month percentage change, Consumer Price Index, selected categories, December 2022, not seasonally adjusted
Category	12-month percent change, Dec 2022
All items	6.5%
Food	10.4%
Food at home	11.8%
Cereals and bakery products	16.1%
Meats, poultry, fish, and eggs	7.7%
Dairy and related products	15.3%
Fruits and vegetables	8.4%
Nonalcoholic beverages and beverage materials	12.6%
Other food at home	13.9%
Food away from home	8.3%
Full service meals and snacks	8.2%
Limited service meals and snacks	6.6%
Energy	7.3%
Energy commodities	0.4%
Fuel oil	41.5%
Gasoline (all types)	-1.5%
Energy services	15.6%
Electricity	14.3%
Natural gas (piped)	19.3%
All items less food and energy	5.7%
Commodities less food and energy commodities	2.1%
Apparel	2.9%
New vehicles	5.9%
Used cars and trucks	-8.8%
Medical care commodities	3.2%
Alcoholic beverages	5.8%
Tobacco and smoking products	5.5%
Services less energy services	7.0%
Shelter	7.5%
Rent of primary residence	8.3%
Owners' equivalent rent of residences	7.5%
Medical care services	4.1%
Physicians' services	1.7%
Hospital services	4.4%
Transportation services	14.6%
Motor vehicle maintenance and repair	13.0%
Motor vehicle insurance	14.2%
Airline fare	28.5%

Latest Numbers

Consumer Price Index (CPI): -0.1% in Dec 2022

Unemployment Rate: 3.5% in Dec 2022

Payroll Employment: +223,000(p) in Dec 2022

Average Hourly Earnings: +$0.09(p) in Dec 2022

Producer Price Index - Final Demand: -0.5%(p) in Dec 2022

Employment Cost Index (ECI): +1.2% in 3rd Qtr of 2022

Productivity: +0.8%(r) in 3rd Qtr of 2022

U.S. Import Price Index: +0.4% in Dec 2022

U.S. Export Price Index: -2.6% in Dec 2022

News Releases

CPI for all items falls 0.1% in December as gasoline decreases

01/12/2023

In December, the Consumer Price Index for All Urban Consumers decreased 0.1 percent, seasonally adjusted, and rose 6.5 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in December (SA); up 5.7 percent over the year (NSA).
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Next Release

January 2023 CPI data are scheduled to be released on February 14, 2023, at 8:30 A.M. Eastern Time.

The Economics Daily

Consumer Price Index: 2022 in review

Consumer prices for all items rose 6.5 percent from December 2021 to December 2022. Food prices increased 10.4 percent, reflecting an 11.8-percent increase in prices for food at home and an 8.3-percent increase in prices for food away from home. read more »

Spotlight on Statistics

Inflation Experiences for Lower and Higher Income Households

This Spotlight presents consumer price indexes for groups of households at the lowest and highest end of the income distribution for urban households to examine how different spending patterns can change measures of inflation. read more »

Beyond the Numbers

Exploring price increases in 2021 and previous periods of inflation

Measures of price change in the U.S. recently experienced the largest period of inflation since 2008. Ongoing complications of the coronavirus pandemic contributed to this. In 2021, a semiconductor shortage caused decreased production in a variety of industries. Port congestion resulted in product delivery delays and to substantial supply shortfalls, causing upward price pressure. To gain perspective on recent trends, this article turns to past periods of high inflation. read more »

Monthly Labor Review

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 »

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