CPI release

CPI report: October 2021

Consumer prices rose 6.2% in the 12 months through October 2021, up from 5.4% in September. Core inflation, which excludes food and energy, ran 4.6%. The CPI-U index stood at 276.589, a 0.8% change from the prior month (not seasonally adjusted).

The numbers

Headline inflation (12-month)6.2%
Core inflation (12-month)4.6%
CPI-U index level276.589
Change vs. prior month (NSA)0.8%

What moved: inflation by category

Over the twelve months ending October 2021, prices rose fastest in gasoline (all types) (49.6%), energy (30.0%), utility (piped) gas service (28.1%), while airline fares prices fell (-4.6%).

Category 12-month rate vs. prior month (NSA)
Gasoline (all types) 49.6% 3.7%
Energy 30.0% 2.9%
Utility (piped) gas service 28.1% 6.5%
Used cars and trucks 26.4% 2.6%
Transportation 18.7% 2.0%
New vehicles 9.8% 1.4%
Electricity 6.5% -0.1%
Motor vehicle insurance 6.3% -0.3%
Food at home 5.4% 1.1%
Food 5.3% 1.0%
Food away from home 5.3% 0.8%
Core (all items less food & energy) 4.6% 0.6%
Housing 4.5% 0.6%
Apparel 4.3% 0.7%
Recreation 3.9% 0.7%
Shelter 3.5% 0.4%
Owners' equivalent rent 3.1% 0.5%
Rent of primary residence 2.7% 0.5%
College tuition and fees 1.8% 0.2%
Education & communication 1.8% 0.1%
Medical care 1.3% 0.5%
Prescription drugs -0.7% 0.5%
Airline fares -4.6% 3.5%

Recent months

MonthCPI-U12-month rate
October 2021 276.589 6.2%
September 2021 274.31 5.4%
August 2021 273.567 5.3%
July 2021 273.003 5.4%
June 2021 271.696 5.4%
May 2021 269.195 5.0%

Put it in context

Source: U.S. Bureau of Labor Statistics, CPI-U, not seasonally adjusted (official CPI news releases). Category series are listed on the data sources page. See the methodology.