Consumer Price Index for All Urban Consumers
Last Updated on Monday, January 27 2014 16:48
The Consumer Price Index (CPI-U) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. The CPI-U measures inflation as experienced by consumers in their day-to-day living expenses. Inflation is calculated as the percentage change in the CPI-U over a specific period of time.
The All Items Consumer Price Index for All Urban Consumers (CPI-U) for the U.S. City Average, 1982-84 = 100 is the most comprehensive measure. In addition to the All Items CPI, BLS publishes thousands of other consumer price indexes. One such index is called "All items less food and energy" often referred to in the business press as core inflation. Some users of CPI data use this index because food and energy prices are relatively volatile.
Source: The Bureau of Labor Statistics Consumer Price Index for the U.S. City Average and the Cincinnati MSA updated monthly and semi-annually, respectively.