Current Value
334.1
Index (1982–84=100)
+0.4% MoM
YoY Change
+3.4%
Year over Year
vs. +3.3% prior
5Y CAGR
+4.1%
Compound Annual
steady vs. 4.1% prior
Total Observations
955
Monthly, Jan 1947–

Data

US Consumer Price Index (CPI-U) — source data. U.S. Bureau of Labor Statistics.
Period CPI Index Growth (YoY) Core Inflation
Q3 2026 333.5 +3.3% 2.5%
Q2 2026 333 +3.8% 2.7%
Q1 2026 328.1 +2.7% 2.5%
Q4 2025 325.5 +2.7% 2.6%
Q3 2025 323.2 +2.9% 3.1%
Q2 2025 320.8 +2.5% 2.8%
Q1 2025 319.5 +2.7% 3.1%
Q4 2024 316.6 +2.7% 3.3%

About this Dataset

The Consumer Price Index for All Urban Consumers (CPI-U) is the most widely referenced inflation gauge in the United States. Published monthly by the U.S. Bureau of Labor Statistics (BLS), it measures price changes in a fixed basket of goods and services representing the expenditures of approximately 93% of the US population.

The CPI is often used as the benchmark for inflation adjustments in financial contracts, government benefit programs, and monetary policy frameworks.

  • Coverage: All urban consumers (CPI-U) — approximately 93% of the US population
  • Frequency: Monthly, released mid-month for the prior month
  • Base period: 1982–84 = 100
  • Geographic scope: 87 urban areas across the United States
  • Data history: January 1947 to present (955+ observations; BLS back-estimates available to 1913)
  • Revision policy: Subject to seasonal adjustment revisions each February

The weights assigned to each expenditure category are updated periodically based on Consumer Expenditure Surveys (CE). Since 2023, weights are updated annually using a two-year average of expenditure data, improving the index's responsiveness to shifting consumption patterns.

BLS did not publish an October 2025 CPI reading because of the federal government shutdown that month, so the chart and table below skip directly from September to November 2025. The Q4 2025 row therefore averages November and December only. The Q3 2026 row averages July and August only, since the September 2026 release had not yet posted as of this update. In both partial rows, the headline and core growth rates compare against the same months a year earlier.

Frequently Asked Questions

The CPI-U (Consumer Price Index for All Urban Consumers) tracks price changes for a fixed basket of goods and services purchased by approximately 93% of the US population. The Bureau of Labor Statistics surveys prices monthly across 87 urban areas, measuring around 80,000 items. The basket is periodically updated to reflect changing consumer spending patterns.

CPI data is central to fixed-income markets — it directly drives TIPS (Treasury Inflation-Protected Securities) bond pricing and adjusts nominal yields to real yields. It feeds into Fed monetary policy decisions, long-term contract escalation clauses, Social Security COLA adjustments, and wage negotiation models. PE firms use CPI to stress-test portfolio company margins and model inflation pass-through risk.

Core CPI excludes food and energy prices, which tend to be more volatile due to seasonal factors and commodity price swings. Core CPI is often considered a better measure of underlying inflation trends. The Federal Reserve focuses primarily on PCE (Personal Consumption Expenditures) inflation but closely monitors Core CPI as a cross-reference.