CPI release

CPI report: October 2023

Consumer prices rose 3.2% in the 12 months through October 2023, down from 3.7% in September. Core inflation, which excludes food and energy, ran 4.0%. The CPI-U index stood at 307.671, a -0.0% change from the prior month (not seasonally adjusted).

The numbers

Headline inflation (12-month)3.2%
Core inflation (12-month)4.0%
CPI-U index level307.671
Change vs. prior month (NSA)-0.0%

Recent months

MonthCPI-U12-month rate
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%
May 2023 304.127 4.0%

Put it in context

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