US CPI – All Items

The Consumer Price Index (CPI) is a measure that examines the average change in prices paid by consumers for a basket of goods and services over time. It reflects the cost of living and is commonly used to assess inflation. The basket typically includes categories like food, housing, clothing, transportation, and healthcare. By tracking price fluctuations, the CPI helps policymakers, businesses, and individuals make informed decisions about spending, wages, and economic policies. It also influences interest rates and social security adjustments.