Consumer Price Index: Difference between revisions

Consumer Price Index (view source)

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 ''Latest release: [[Consumer Price Index:Historical Releases/2023 January]]''
-CPI declined 0.1 percent in December on a seasonally adjusted basis, after increasing 0.1 percent in November, over the last 12 months, the all items index increased 6.5 percent. Excluding volatile food and energy prices, core CPI rose 0.3%. Core was up 5.7% from a year ago.
+CPI rose 0.5 percent in January on a seasonally adjusted basis, after increasing 0.1 percent in December. Over the last 12 months, the all items index increased 6.4 percent before seasonal adjustment.
-The index for gasoline was by far the largest contributor to the monthly all-items decrease, more than offsetting increases in shelter indexes. However, shelter CPI remained elevated driving core CPI up, and its not expected to decline until the second half 2023.
+The index for all items less food and energy rose 0.4 percent in January. Core CPI was 5.6% Y/Y.
+The index for shelter was by far the largest contributor to the monthly all items increase, accounting for nearly half of the monthly all items increase, with the indexes for food, gasoline, and natural gas also contributing.
 ===Recent Inflation History===