CPI release

CPI report: March 2023

Consumer prices rose 5.0% in the 12 months through March 2023, down from 6.0% in February. Core inflation, which excludes food and energy, ran 5.6%. The CPI-U index stood at 301.836, a 0.3% change from the prior month (not seasonally adjusted).

The numbers

Headline inflation (12-month)5.0%
Core inflation (12-month)5.6%
CPI-U index level301.836
Change vs. prior month (NSA)0.3%

Recent months

MonthCPI-U12-month rate
March 2023 301.836 5.0%
February 2023 300.84 6.0%
January 2023 299.17 6.4%
December 2022 296.797 6.5%
November 2022 297.711 7.1%
October 2022 298.012 7.7%

Put it in context

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