CPI release

CPI report: November 2023

Consumer prices rose 3.1% in the 12 months through November 2023, down from 3.2% in October. Core inflation, which excludes food and energy, ran 4.0%. The CPI-U index stood at 307.051, a -0.2% change from the prior month (not seasonally adjusted).

The numbers

Headline inflation (12-month)3.1%
Core inflation (12-month)4.0%
CPI-U index level307.051
Change vs. prior month (NSA)-0.2%

Recent months

MonthCPI-U12-month rate
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%
June 2023 305.109 3.0%

Put it in context

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