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The Consumer Price Index (CPI) 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. Indexes are available for the U.S. and various geographic areas. Average price data for select utility, automotive fuel, and food items are also available.
12-month percentage change, Consumer Price Index, selected categories, May 2024, not seasonally adjusted
Category
12-month percent change, May 2024
All items
3.3%
Food
2.1%
Food at home
1.0%
Cereals and bakery products
0.7%
Meats, poultry, fish, and eggs
2.4%
Dairy and related products
-1.0%
Fruits and vegetables
0.6%
Nonalcoholic beverages and beverage materials
1.3%
Other food at home
1.0%
Food away from home
4.0%
Full service meals and snacks
3.5%
Limited service meals and snacks
4.5%
Energy
3.7%
Energy commodities
2.2%
Fuel oil
3.6%
Gasoline (all types)
2.2%
Energy services
4.7%
Electricity
5.9%
Natural gas (piped)
0.2%
All items less food and energy
3.4%
Commodities less food and energy commodities
-1.7%
Apparel
0.8%
New vehicles
-0.8%
Used cars and trucks
-9.3%
Medical care commodities
3.1%
Alcoholic beverages
1.7%
Tobacco and smoking products
7.8%
Services less energy services
5.3%
Shelter
5.4%
Rent of primary residence
5.3%
Owners' equivalent rent of residences
5.7%
Medical care services
3.1%
Physicians' services
1.4%
Hospital services
7.2%
Transportation services
10.5%
Motor vehicle maintenance and repair
7.2%
Motor vehicle insurance
20.3%
Airline fare
-5.9%
Consumer Price Index (CPI):
unchanged in May 2024
Unemployment Rate:
4.0% in May 2024
Payroll Employment:
+272,000(p) in May 2024
Average Hourly Earnings:
+$0.14(p) in May 2024
Producer Price Index - Final Demand:
-0.2%(p) in May 2024
Employment Cost Index (ECI):
+1.2% in 1st Qtr of 2024
Productivity:
+0.2%(r) in 1st Qtr of 2024
U.S. Import Price Index:
-0.4% in May 2024
U.S. Export Price Index:
-0.6% in May 2024
Historical Data
News Release
p - preliminary
06/12/2024
In May, the Consumer Price Index for All Urban Consumers was unchanged, seasonally
adjusted, and rose 3.3 percent over the last 12 months, not seasonally adjusted. The index for all
items less food and energy increased 0.2 percent in May (SA); up 3.4 percent over the year (NSA).
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Local and Regional CPI
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