As of October 2021, the CPI was 276.589, meaning goods and services had gone up in price by an average of about 176.589% since 1984. The CPI doesn’t measure inflation or the cost of living directly.

Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...

For example, the consumer price index (CPI), a common measure of inflation, measures the price change over time for a basket of goods and services. A basket of goods represents consumer spending ...

Don't look for the Federal Reserve to start making big promises on further monetary-policy easing after the October reading ...

Sarah House, senior economist at Wells Fargo Economics "In October, the CPI held constant, meaning month-to-month inflation was 0%. Year-over-year inflation was 3.4%. The core CPI, which excludes ...