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Economic Data (USA)

Monday, October 16, 2023

Consumer Price Index (CPI) for September 2023

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


CPI During September 2023: 307.789


Consumer Price Index, Headline

Predicted: +0.3%
Actual: +0.249% (+0.763 points)

  • Change From 12 Months Ago: +3.7% (+10.981 points)


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

Predicted: +0.3%
Actual: +0.23% (+0.714 point)

Change From 12 Months Ago: +4.15% (+12.375 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 September 2022: 296.808


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




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