CPI Median in the United States decreased to 6.98 percent in April from 7.08 percent in March of 2023. source: Federal Reserve Bank of Cleveland

CPI Median in the United States averaged 2.99 percent from 1983 until 2023, reaching an all time high of 7.20 percent in February of 2023 and a record low of 0.50 percent in May of 2010. This page provides - United States CPI Median- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States CPI Median - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

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United States CPI Median

Related Last Previous Unit Reference
CPI Trimmed-Mean 6.07 6.17 percent Apr 2023
CPI Median 6.98 7.08 percent Apr 2023

United States CPI Median
In the United States, Median CPI is the one-month inflation rate of the component whose expenditure weight is in the 50th percentile of price changes. To calculate the median CPI, the Federal Reserve Bank of Cleveland looks at the prices of the goods and services published by the Bureau of Labor Statistics (BLS). But instead of calculating an inflation rate that is a weighted average of all of the items in the CPI, as the BLS does, the Cleveland Fed ranks the inflation rates of the components of the CPI and picks the one in the middle of the distribution—that is, the item whose expenditure weight is in the 50th percentile of the price change distribution.
Actual Previous Highest Lowest Dates Unit Frequency
6.98 7.08 7.20 0.50 1983 - 2023 percent Monthly