Schedule of Upcoming Releases for the U.S. Consumer Price Index (CPI)
What is the CPI?
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a basket of goods and services.
The CPI is a key indicator of inflation and is used by the Federal Reserve to make decisions about interest rates.
When is the CPI released?
The CPI is released monthly by the Bureau of Labor Statistics (BLS). The release schedule for the next six months is as follows:
- August 10, 2023
- September 13, 2023
- October 11, 2023
- November 9, 2023
- December 13, 2023
- January 12, 2024
How can I get the CPI data?
The CPI data is available on the BLS website.
You can also get the CPI data from a variety of financial news websites, such as Bloomberg and Reuters.
What do the CPI numbers mean?
The CPI numbers are reported as a percentage change from the previous month or year.
A positive number indicates that prices have increased over the previous period, while a negative number indicates that prices have decreased.
Example
If the CPI for July is 2.5%, this means that the average price of goods and services in urban areas has increased by 2.5% over the past year.
How is the CPI used?
The CPI is used by a variety of stakeholders, including:
- Businesses: Businesses use the CPI to track inflation and make decisions about pricing and production.
- Consumers: Consumers use the CPI to track inflation and make decisions about their spending.
- Investors: Investors use the CPI to track inflation and make investment decisions.
- The government: The government uses the CPI to set economic policy.
Conclusion
The CPI is a key economic indicator that is used by a variety of stakeholders to make decisions about pricing, production, spending, investment, and economic policy.
The CPI is released monthly by the BLS, and the data is available on the BLS website and a variety of financial news websites.
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