CPI Median in the United States increased to 4.09 percent in October from 4.08 percent in September of 2024. CPI Median in the United States averaged 3.06 percent from 1983 until 2024, 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. source: Federal Reserve Bank of Cleveland

Related	Last	Previous	Unit	Reference
CPI	315.66	315.30	points	Oct 2024
Core Consumer Prices	321.67	320.77	points	Oct 2024
Core Inflation Rate YoY	3.30	3.30	percent	Oct 2024
Core Inflation Rate MoM	0.30	0.30	percent	Oct 2024
Core PCE Price Index	123.22	122.91	points	Sep 2024
Core PCE Price Index YoY	2.70	2.70	percent	Sep 2024
Core PCE Price Index MoM	0.30	0.20	percent	Sep 2024
Core PCE Prices	2.20	2.80	percent	Sep 2024
Core Producer Prices	144.27	143.91	points	Oct 2024
Core PPI MoM	0.30	0.20	percent	Oct 2024
Core PPI YoY	3.10	2.90	percent	Oct 2024
CPI Core Core YoY	2.30	2.40	percent	Oct 2024
CPI Housing Utilities	337.47	336.78	points	Oct 2024
CPI Median	4.09	4.08	percent	Oct 2024
CPI s.a	315.45	314.69	points	Oct 2024
CPI Transportation	269.72	269.60	points	Oct 2024
CPI Trimmed-Mean	3.20	3.17	percent	Oct 2024
Energy Inflation	-4.90	-6.80	Percent	Oct 2024
Export Prices	148.40	147.20	points	Oct 2024
Export Prices MoM	0.80	-0.60	percent	Oct 2024
Export Prices YoY	-0.10	-1.90	percent	Oct 2024
Food Inflation	2.10	2.30	percent	Oct 2024
GDP Price Index	125.50	124.94	points	Sep 2024
Import Prices	141.20	140.80	points	Oct 2024
Import Prices MoM	0.30	-0.40	percent	Oct 2024
Import Prices YoY	0.80	-0.10	percent	Oct 2024
Consumer Inflation Expectations	2.90	3.00	percent	Oct 2024
Inflation Rate YoY	2.60	2.40	percent	Oct 2024
Inflation Rate MoM	0.20	0.20	percent	Oct 2024
Michigan 5 Year Inflation Expectations	3.20	3.00	percent	Nov 2024
Michigan Inflation Expectations	2.60	2.70	percent	Nov 2024
PCE Price Index	123.93	123.71	points	Sep 2024
PCE Price Index YoY	2.10	2.30	percent	Sep 2024
PCE Price Index MoM	0.20	0.10	percent	Sep 2024
PCE Prices	1.50	2.50	percent	Sep 2024
PPI Ex Food Energy and Trade Services	133.54	133.13	points	Oct 2024
PPI Ex Food, Energy and Trade MoM	0.30	0.10	percent	Oct 2024
PPI Ex Food, Energy and Trade YoY	3.50	3.30	percent	Oct 2024
PPI MoM	0.20	0.10	percent	Oct 2024
PPI	145.62	145.33	points	Oct 2024
PPI YoY	2.40	1.90	percent	Oct 2024
Rent Inflation	4.90	4.90	percent	Oct 2024
Services Inflation	4.70	4.70	Percent	Oct 2024

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.