CPI release
CPI report: December 2023
Consumer prices rose 3.4% in the 12 months through December 2023, up from 3.1% in November. Core inflation, which excludes food and energy, ran 3.9%. The CPI-U index stood at 306.746, a -0.1% change from the prior month (not seasonally adjusted).
The numbers
| Headline inflation (12-month) | 3.4% |
|---|---|
| Core inflation (12-month) | 3.9% |
| CPI-U index level | 306.746 |
| Change vs. prior month (NSA) | -0.1% |
Recent months
| Month | CPI-U | 12-month rate |
|---|---|---|
| December 2023 | 306.746 | 3.4% |
| November 2023 | 307.051 | 3.1% |
| October 2023 | 307.671 | 3.2% |
| September 2023 | 307.789 | 3.7% |
| August 2023 | 307.026 | 3.7% |
| July 2023 | 305.691 | 3.2% |
Put it in context
- The current inflation rate, to check whether this is still the latest reading
- What 2022 dollars are worth in 2023, the year-over-year conversion
- How the BLS turns 80,000 prices into this number
Source: U.S. Bureau of Labor Statistics, CPI-U (series CUUR0000SA0 and CUUR0000SA0L1E), not seasonally adjusted. See the methodology.