Consumer Price Index for All Urban Consumers: All Items in U.S. City Average | ALFRED

NOTES

Title	Release Dates

Consumer Price Index for Urban Wage Earners and Clerical Workers: All Items	1972-07-21	1981-02-24
Consumer Price Index for All Urban Consumers: All Items	1981-02-25	2019-09-11
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average	2019-09-12	2024-07-11

Source

U.S. Bureau of Labor Statistics	1972-07-21	2024-07-11

Release

Consumer Price Index	1972-07-21	2024-07-11

Units

Index 1967=100	1972-07-21	1988-02-25
Index 1982-1984=100	1988-02-26	2024-07-11

Frequency

Monthly	1972-07-21	2024-07-11

Seasonal Adjustment

Seasonally Adjusted	1972-07-21	2024-07-11

Notes

Handbook of Methods - (http://www.bls.gov/opub/hom/pdf/homch17.pdf) Understanding the CPI: Frequently Asked Questions - (http://stats.bls.gov:80/cpi/cpifaq.htm) Data are recorded with 2-decimal precision. Due to a lack of the complete history for these vintages, only the final 1-1/2 years of data are shown.	1972-07-21	1976-02-23
Handbook of Methods - (http://www.bls.gov/opub/hom/pdf/homch17.pdf) Understanding the CPI: Frequently Asked Questions - (http://stats.bls.gov:80/cpi/cpifaq.htm) Due to a lack of the complete history for these vintages, only the final 1-1/2 years of data are shown.	1976-02-24	1994-02-16
The Consumer Price Index for All Urban Consumers: All Items (CPIAUCSL) is a price index of a basket of goods and services paid by urban consumers. Percent changes in the price index measure the inflation rate between any two time periods. The most common inflation metric is the percent change from one year ago. It can also represent the buying habits of urban consumers. This particular index includes roughly 88 percent of the total population, accounting for wage earners, clerical workers, technical workers, self-employed, short-term workers, unemployed, retirees, and those not in the labor force. The CPIs are based on prices for food, clothing, shelter, and fuels; transportation fares; service fees (e.g., water and sewer service); and sales taxes. Prices are collected monthly from about 4,000 housing units and approximately 26,000 retail establishments across 87 urban areas. To calculate the index, price changes are averaged with weights representing their importance in the spending of the particular group. The index measures price changes (as a percent change) from a predetermined reference date. In addition to the original unadjusted index distributed, the Bureau of Labor Statistics also releases a seasonally adjusted index. The unadjusted series reflects all factors that may influence a change in prices. However, it can be very useful to look at the seasonally adjusted CPI, which removes the effects of seasonal changes, such as weather, school year, production cycles, and holidays. The CPI can be used to recognize periods of inflation and deflation. Significant increases in the CPI within a short time frame might indicate a period of inflation, and significant decreases in CPI within a short time frame might indicate a period of deflation. However, because the CPI includes volatile food and oil prices, it might not be a reliable measure of inflationary and deflationary periods. For a more accurate detection, the core CPI (CPILFESL (https://fred.stlouisfed.org/series/CPILFESL)) is often used. When using the CPI, please note that it is not applicable to all consumers and should not be used to determine relative living costs. Additionally, the CPI is a statistical measure vulnerable to sampling error since it is based on a sample of prices and not the complete average. For more information on the consumer price indexes, see: Bureau of Economic Analysis. "CPI Detailed Report." (https://www.bls.gov/cpi/) 2013. Handbook of Methods (https://www.bls.gov/opub/hom/pdf/cpihom.pdf) Understanding the CPI: Frequently Asked Questions (https://www.bls.gov/cpi/questions-and-answers.htm)	1994-02-17	2024-07-11