U.S. Consumer Price Index

The consumer price index (CPI) is an index of inflation or deflation that measures prices of consumer goods. It is published monthly by the U.S. Department of Labor.  The figure released each month is the amount in percent that prices have risen or fallen compared to prices one year ago.  CreditPulse tracks the CPI-U for All Urban Consumers.  Currently, the CPI stands at 0.7%.  CPI data for Jan. 2016 will be released Feb. 19th. 

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In the surest sign in months that inflation is on the rise, U.S. consumer prices including food and energy increased for the fourth consecutive month to 0.7%. 

U.S. consumer prices, as measured by the Consumer Price Index (CPI), rose to 0.7% in December 2015 on a seasonally adjusted basis from a year earlier, according to data released yesterday by the U.S. Department of Labor.