CPI Increased 0.4% in October 2022
Monthly CPI — United States — November 2022
2 min readNov 11, 2022
CPI for all items increased 0.4% in October 2022 from last month
- Consumer Price Index for all items increased 0.4 % in October 2022 from last month on a seasonally adjusted basis.
- All items less food and energy index, or Core CPI, increased 0.3 % .
- Food index increased 0.6 %, and energy index increased 1.8 % .
CPI for all items increased 7.7% in October 2022 from last 12 months
- Consumer Price Index for all items increased 7.7 % in October 2022 from last 12 months on a seasonally unadjusted basis.
- All items less food and energy index, or Core CPI, increased 6.3 % .
- Food index increased 10.9 % , and energy index increased 17.6 % .
Fuel oil was the biggest and utility gas service was the smallest contributor
- Fuel oil was the biggest contributor, with its index increasing by 19.8 % from last month and increasing by 68.5 % from last 12 months.
- Utility (piped) gas service was the smallest contributor, with its index decreasing by -4.6 % from last month and increasing by 20.0 % from last 12 months.