CPI release

CPI report: December 2022

Consumer prices rose 6.5% in the 12 months through December 2022, down from 7.1% in November. Core inflation, which excludes food and energy, ran 5.7%. The CPI-U index stood at 296.797, a -0.3% change from the prior month (not seasonally adjusted).

The numbers

Headline inflation (12-month)6.5%
Core inflation (12-month)5.7%
CPI-U index level296.797
Change vs. prior month (NSA)-0.3%

Recent months

MonthCPI-U12-month rate
December 2022 296.797 6.5%
November 2022 297.711 7.1%
October 2022 298.012 7.7%
September 2022 296.808 8.2%
August 2022 296.171 8.3%
July 2022 296.276 8.5%

Put it in context

Source: U.S. Bureau of Labor Statistics, CPI-U (series CUUR0000SA0 and CUUR0000SA0L1E), not seasonally adjusted. See the methodology.