CPI release
CPI report: June 2023
Consumer prices rose 3.0% in the 12 months through June 2023, down from 4.0% in May. Core inflation, which excludes food and energy, ran 4.8%. The CPI-U index stood at 305.109, a 0.3% change from the prior month (not seasonally adjusted).
The numbers
| Headline inflation (12-month) | 3.0% |
|---|---|
| Core inflation (12-month) | 4.8% |
| CPI-U index level | 305.109 |
| Change vs. prior month (NSA) | 0.3% |
Recent months
| Month | CPI-U | 12-month rate |
|---|---|---|
| June 2023 | 305.109 | 3.0% |
| May 2023 | 304.127 | 4.0% |
| April 2023 | 303.363 | 4.9% |
| March 2023 | 301.836 | 5.0% |
| February 2023 | 300.84 | 6.0% |
| January 2023 | 299.17 | 6.4% |
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.