Consumer Price Index for All Urban Consumers: All Items Less Energy in U.S. City Average

CPILEGSL • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

328.46

Year-over-Year Change

2.92%

Date Range

1/1/1957 - 6/1/2025

Summary

The Consumer Price Index for All Urban Consumers: All Items Less Energy in U.S. City Average tracks changes in the prices of consumer goods and services, excluding energy, in major U.S. cities. It serves as a key inflation indicator for the Federal Reserve and policymakers.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This CPI measure represents the prices paid by urban consumers for a market basket of consumer goods and services, excluding the volatile food and energy components. It is a widely followed metric of underlying or 'core' inflation that helps assess the broader price trends in the economy.

Methodology

The Bureau of Labor Statistics collects price data from households and businesses to calculate this index.

Historical Context

The Federal Reserve closely monitors this CPI metric to guide monetary policy decisions and inflation targeting.

Key Facts

  • The CPI-Urban Less Energy index has a base year of 1982-84 = 100.
  • This metric excludes the volatile food and energy components to better reflect underlying price trends.
  • The Federal Reserve targets 2% annual inflation, using this CPI measure as a key gauge.

FAQs

Q: What does this economic trend measure?

A: The Consumer Price Index for All Urban Consumers: All Items Less Energy in U.S. City Average tracks changes in the prices of consumer goods and services, excluding energy, in major U.S. cities.

Q: Why is this trend relevant for users or analysts?

A: This 'core' CPI measure is a key indicator of underlying inflation that helps the Federal Reserve and policymakers assess broader price trends and guide monetary policy decisions.

Q: How is this data collected or calculated?

A: The Bureau of Labor Statistics collects price data from households and businesses to calculate this index.

Q: How is this trend used in economic policy?

A: The Federal Reserve closely monitors this CPI metric to guide monetary policy decisions and inflation targeting.

Q: Are there update delays or limitations?

A: This CPI data is published monthly with a typical 2-week lag from the reference period.

Related Trends

Citation

U.S. Federal Reserve, Consumer Price Index for All Urban Consumers: All Items Less Energy in U.S. City Average (CPILEGSL), retrieved from FRED.