Consumer Price Index (CPI) for June 2023

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for June 2023:

=========================================

CPI During June 2023: 305.109

=========================================

Consumer Price Index, Headline

Predicted: +0.5%
Actual: +0.323% (+0.982 point)

• Change From 12 Months Ago: +2.97% (+8.798 points)
  

=========================================

Consumer Price Index, Minus Food and Energy (Core CPI)

Predicted: +0.5%
Actual: +0.264% (+0.814 point)

Change From 12 Months Ago: +4.83% (+14.23 points)

=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

• Healthcare
• Housing
• Clothing
• Communications
• Education
• Transportation
• Food and Beverages
• Recreation
• Miscellaneous Goods and Services (grooming expenses, etc.)

=========================================

CPI During June 2022: 296.311

========================================

 

CHART: Consumer Price Index
12-Month Percentage Change
June 2023 Update

========================================

 

• Click here to view the full Labor Department report.
  

=========================================

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <