CPI Increased 0.4% in October 2022

Monthly CPI - United States - November 2022

11/10/2022

“consumer price index”

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CPI for all items increased 0.4% in October 2022 from last month

  • Consumer Price Index for all items increased 0.4 % in October 2022 from last month on a seasonally adjusted basis.
  • All items less food and energy index, or Core CPI, increased 0.3 %.
  • Food index increased 0.6 %, and energy index increased 1.8 %.

CPI for all items increased 7.7% in October 2022 from last 12 months

  • Consumer Price Index for all items increased 7.7 % in October 2022 from last 12 months on a seasonally unadjusted basis.
  • All items less food and energy index, or Core CPI, increased 6.3 %.
  • Food index increased 10.9 %, and energy index increased 17.6 %.

Fuel oil was the biggest and utility gas service was the smallest contributor

  • Fuel oil was the biggest contributor, with its index increasing by 19.8 % from last month and increasing by 68.5 % from last 12 months.
  • Utility (piped) gas service was the smallest contributor, with its index decreasing by -4.6 % from last month and increasing by 20.0 % from last 12 months.