Consumer Price Index (CPI)
A BLS price index tracking the cost of a fixed basket of consumer goods and services.
Glossary
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Prices and inflation
A BLS price index tracking the cost of a fixed basket of consumer goods and services.
An inflation measure that strips out more volatile components to show the underlying trend.
The Federal Reserve's preferred broad core inflation measure, built from the PCE price index excluding food and energy.
Inflation measured using the full price index, including volatile categories such as food and energy.
A price move concentrated in one part of the economy, such as energy, food, or shipping, rather than a broad inflation shift.