CPI (Inflation)

Consumer Price Index and Profile

Annual CPI

2015 2016 2017 2018
All Urban Consumers (CPI-U) -0.6% 0.7% 1.4% 1.6%
Urban Wage Earners & Clerical Workers (CPI-W) -1.2% 0.4% 1.4% 1.9%
     *based on December 1996 dollars

Source: USDC, Bureau of Labor Statistics, 2015-2018

Current CPI

Change from 1 year ago

Index

All Urban Consumers (CPI-U)

0.8%

149.383

Urban Wage Earners & Clerical Workers (CPI-W)

0.5%

148.305

     *based on December 1996 dollars

Source: USDC, Bureau of Labor Statistics, January 2019

All of the data above is for B/C Size Class cities (population of 50,000-1,500,000) located in the Midwest Region.The Consumer Price Index (CPI) is a measure of the average change in prices over time in a market basket of goods and services. It is a good indicator of consumer inflation rates and in terms of salary adjustments it is often referred to as “the cost of living increase.”

View the full explanation and the CPI Definition

Inflation Calculator

The Bureau of Labor Statistics provides an inflation calculator which allows users to figure inflation over a designated period of time. (i.e. $1.00 in 1956 equals $9.39 in 2019) View the BLS Inflation Calculator »