CPI release

CPI report: December 2024

Consumer prices rose 2.9% in the 12 months through December 2024, up from 2.7% in November. Core inflation, which excludes food and energy, ran 3.2%. The CPI-U index stood at 315.605, a 0.0% change from the prior month (not seasonally adjusted).

The numbers

Headline inflation (12-month)2.9%
Core inflation (12-month)3.2%
CPI-U index level315.605
Change vs. prior month (NSA)0.0%

Recent months

MonthCPI-U12-month rate
December 2024 315.605 2.9%
November 2024 315.493 2.7%
October 2024 315.664 2.6%
September 2024 315.301 2.4%
August 2024 314.796 2.5%
July 2024 314.54 2.9%

Put it in context

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