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What Is the Consumer Price Index (CPI)?

The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services.

Why Is the CPI Important?

The CPI is crucial for understanding inflation and economic health. It affects consumer purchasing power and is used to adjust social security benefits, wages, and indexes for inflation to protect incomes from the effects of price changes.

Latest CPI: Mar 2024

Time Rate Change
1 mnth0.38-0.06 ( -14.48%)
6 mnth1.610.02 ( 1.18%)
12 mnth3.480.31 ( 9.77%)
Download all CPI data: Download Excel File Download Json File Download PDF File
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