U.S. monthly CPI of all urban consumers December 2021-2022

In December 2022, the unadjusted consumer price index (CPI) of all items for urban consumers in the United States amounted to about 296.8. 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 277.95 in November 2021 to 297.71 in November 2022. Though inflation does not impact everyone equally - CPI can also differ between regions, with a high of 287.49 in the Western region as of 2021.

The CPI in the United States has increased steadily over the past two decades from 140.3 in 1992 to 270.97 in 2021. A forecast of the CPI expects this positive trend to continue, reaching 325.6 by 2027. As of October 2022, the CPI of the nation’s education had increased by 3.1percent. 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 101.4 in 2021.