CPI release
CPI report: January 2023
Consumer prices rose 6.4% in the 12 months through January 2023, holding steady from 6.5% in December. Core inflation, which excludes food and energy, ran 5.6%. The CPI-U index stood at 299.17, a 0.8% change from the prior month (not seasonally adjusted).
The numbers
| Headline inflation (12-month) | 6.4% |
|---|---|
| Core inflation (12-month) | 5.6% |
| CPI-U index level | 299.17 |
| Change vs. prior month (NSA) | 0.8% |
Recent months
| Month | CPI-U | 12-month rate |
|---|---|---|
| January 2023 | 299.17 | 6.4% |
| 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% |
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.