CPI release

CPI report: October 2022

Consumer prices rose 7.7% in the 12 months through October 2022, down from 8.2% in September. Core inflation, which excludes food and energy, ran 6.3%. The CPI-U index stood at 298.012, a 0.4% change from the prior month (not seasonally adjusted).

The numbers

Headline inflation (12-month)7.7%
Core inflation (12-month)6.3%
CPI-U index level298.012
Change vs. prior month (NSA)0.4%

Recent months

MonthCPI-U12-month rate
October 2022 298.012 7.7%
September 2022 296.808 8.2%
August 2022 296.171 8.3%
July 2022 296.276 8.5%
June 2022 296.311 9.1%
May 2022 292.296 8.6%

Put it in context

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