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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, July 2024, not seasonally adjusted
Category
12-month percent change, Jul 2024
All items
2.9%
Food
2.2%
Food at home
1.1%
Cereals and bakery products
0.0%
Meats, poultry, fish, and eggs
3.0%
Dairy and related products
-0.2%
Fruits and vegetables
-0.2%
Nonalcoholic beverages and beverage materials
1.9%
Other food at home
0.9%
Food away from home
4.1%
Full service meals and snacks
3.8%
Limited service meals and snacks
4.3%
Energy
1.1%
Energy commodities
-2.0%
Fuel oil
-0.3%
Gasoline (all types)
-2.2%
Energy services
4.2%
Electricity
4.9%
Natural gas (piped)
1.5%
All items less food and energy
3.2%
Commodities less food and energy commodities
-1.9%
Apparel
0.2%
New vehicles
-1.0%
Used cars and trucks
-10.9%
Medical care commodities
2.8%
Alcoholic beverages
1.9%
Tobacco and smoking products
7.9%
Services less energy services
4.9%
Shelter
5.1%
Rent of primary residence
5.1%
Owners' equivalent rent of residences
5.3%
Medical care services
3.3%
Physicians' services
0.7%
Hospital services
6.1%
Transportation services
8.8%
Motor vehicle maintenance and repair
4.6%
Motor vehicle insurance
18.6%
Airline fare
-2.8%
Consumer Price Index (CPI):
+0.2% in Jul 2024
Unemployment Rate:
4.3% in Jul 2024
Payroll Employment:
+114,000(p) in Jul 2024
Average Hourly Earnings:
+$0.08(p) in Jul 2024
Producer Price Index - Final Demand:
+0.1%(p) in Jul 2024
Employment Cost Index (ECI):
+0.9% in 2nd Qtr of 2024
Productivity:
+2.3% in 2nd Qtr of 2024
U.S. Import Price Index:
+0.1% in Jul 2024
U.S. Export Price Index:
+0.7% in Jul 2024
08/14/2024
In July, the Consumer Price Index for All Urban Consumers rose 0.2 percent, seasonally
adjusted, and rose 2.9 percent over the last 12 months, not seasonally adjusted. The index for all
items less food and energy increased 0.2 percent in July (SA); up 3.2 percent over the year (NSA).
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