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Bureau of Labor Statistics > Consumer Price Index > Home

CPI Home

January 2023 CPI weight update

Starting with January 2023 data, BLS updated 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 2 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

Recent and upcoming methodology changes: 2023 Read More »

Charts

12-month percentage change, Consumer Price Index, selected categories, February 2023, not seasonally adjusted
Category	12-month percent change, Feb 2023
All items	6.0%
Food	9.5%
Food at home	10.2%
Cereals and bakery products	14.6%
Meats, poultry, fish, and eggs	6.8%
Dairy and related products	12.3%
Fruits and vegetables	5.3%
Nonalcoholic beverages and beverage materials	12.3%
Other food at home	12.4%
Food away from home	8.4%
Full service meals and snacks	8.0%
Limited service meals and snacks	7.2%
Energy	5.2%
Energy commodities	-1.4%
Fuel oil	9.2%
Gasoline (all types)	-2.0%
Energy services	13.3%
Electricity	12.9%
Natural gas (piped)	14.3%
All items less food and energy	5.5%
Commodities less food and energy commodities	1.0%
Apparel	3.3%
New vehicles	5.8%
Used cars and trucks	-13.6%
Medical care commodities	3.2%
Alcoholic beverages	4.9%
Tobacco and smoking products	6.7%
Services less energy services	7.3%
Shelter	8.1%
Rent of primary residence	8.8%
Owners' equivalent rent of residences	8.0%
Medical care services	2.1%
Physicians' services	1.2%
Hospital services	3.6%
Transportation services	14.6%
Motor vehicle maintenance and repair	12.5%
Motor vehicle insurance	14.5%
Airline fare	26.5%

Latest Numbers

Consumer Price Index (CPI): +0.4% in Feb 2023

Unemployment Rate: 3.6% in Feb 2023

Payroll Employment: +311,000(p) in Feb 2023

Average Hourly Earnings: +$0.08(p) in Feb 2023

Producer Price Index - Final Demand: -0.1%(p) in Feb 2023

Employment Cost Index (ECI): +1.0% in 4th Qtr of 2022

Productivity: +1.7%(r) in 4th Qtr of 2022

U.S. Import Price Index: -0.1% in Feb 2023

U.S. Export Price Index: +0.2% in Feb 2023

News Releases

CPI for all items rises 0.4% in February as shelter increases

03/14/2023

In February, the Consumer Price Index for All Urban Consumers increased 0.4 percent, seasonally adjusted, and rose 6.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.5 percent in February (SA); up 5.5 percent over the year (NSA).
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Next Release

March 2023 CPI data are scheduled to be released on April 12, 2023, at 8:30 A.M. Eastern Time.

The Economics Daily

College tuition and fees up 4.7 percent since February 2020

Decision time! It’s Spring and, if you’re a student, you may be deciding where to go to school next year. If you’re a parent, you may be helping your kids with that decision or picking a day care or preschool for your children. For many, cost plays an important role in these decisions. Prices for college tuition and fees increased 4.7 percent from February 2020 to February 2023. This increase was less than the increase of 15.7 percent in prices for all items over the same period. read more »

Monthly Labor Review

Incorporating medical claims data in the Consumer Price Index

This article examines the possibility of including medical insurance claims data in the calculation of medical price indexes. read more »

Handbook Of Methods

Consumer Price Index Overview

Getting less for the same price? Explore how the CPI measures “shrinkflation” and its impact on inflation

This Beyond the Numbers article examines product upsizing and downsizing and explores how these concepts affect measurements in the CPI. Read on to find out more about how the CPI captures these changes, which types of products experienced the most change between 2015-2021, and its impact on inflation. 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 »

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