CPI Increased 0.1% in November 2022

Monthly CPI - United States - December 2022

12/15/2022

“consumer price index”

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CPI for all items increased 0.1% in November 2022 from last month

  • Consumer Price Index for all items increased 0.1 % in November 2022 from last month on a seasonally adjusted basis.
  • All items less food and energy index, or Core CPI, increased 0.2 %.
  • Food index increased 0.5 %, and energy index decreased -1.6 %.

CPI for all items increased 7.1% in November 2022 from last 12 months

  • Consumer Price Index for all items increased 7.1 % in November 2022 from last 12 months on a seasonally unadjusted basis.
  • All items less food and energy index, or Core CPI, increased 6.0 %.
  • Food index increased 10.6 %, and energy index increased 13.1 %.

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

  • Fuel oil was the biggest contributor, with its index increasing by 1.7 % from last month and increasing by 65.7 % from last 12 months.
  • Utility (piped) gas service was the smallest contributor, with its index decreasing by -3.5 % from last month and increasing by 15.5 % from last 12 months.