Consumer Price Index (CPI)
The Consumer Price Index (CPI) is a measure of the average change in the prices paid by consumers for a market basket of goods and services over time. It is the most widely used measure of inflation and released monthly by the U.S. Bureau of Labor Statistics (BLS). The BLS publishes two indexes;The CPI for All Urban Consumers (CPI-U), is commonly used as the CPI, which covers approximately 90 percent of the total population and the CPI for Urban Wage Earners and Clerical Workers (CPI-W) which covers approximately 30 percent of the population. Similar to CPI, there is something called 'core inflation' (also known as Core CPI), which measures the change in the costs of goods and services similar to the CPI but strips out volatile prices such as food and energy. The producer price index (PPI) also is a measure of inflation, but it measures the price changes for domestically produced goods and services from the seller's point of view. This is usually released at 8:30(EST) ; winter time : 22:30(JST), summer time : 21:30(JST).
Latest recorded value at build time: 0.6 ( pts). Observation date: .
Source
U.S. Bureau of Labor Statistics