CPI release

CPI report: September 2023

Consumer prices rose 3.7% in the 12 months through September 2023, holding steady from 3.7% in August. Core inflation, which excludes food and energy, ran 4.1%. The CPI-U index stood at 307.789, a 0.2% change from the prior month (not seasonally adjusted).

The numbers

Headline inflation (12-month)3.7%
Core inflation (12-month)4.1%
CPI-U index level307.789
Change vs. prior month (NSA)0.2%

Recent months

MonthCPI-U12-month rate
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%
April 2023 303.363 4.9%

Put it in context

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