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''Return to: [[Consumer Price Index]] | [[Consumer Price Index:Historical Releases|Historical Releases]]'' | ''Return to: [[Consumer Price Index]] | [[Consumer Price Index:Historical Releases|Historical Releases]]'' | ||
Full Report: | Full Report: https://www.bls.gov/news.release/pdf/cpi.pdf | ||
Publishing date: April 2023 | Publishing date: April 2023 | ||
== Summary == | == Summary == | ||
[[File:CPIM23.PNG|thumb|Percent changes in CPI]] | |||
Headline CPI rose 0.1 percent in March on a seasonally adjusted basis, after increasing 0.4 percent in February. Over the last 12 months, the all items index increased 5.0 percent before seasonal adjustment. | |||
Core CPI rose 0.4 percent in March, after rising 0.5 percent in February, year over year increase was 5.6%. | |||
=== Biggest Contributors: === | |||
The index for shelter was by far the largest contributor to the monthly CPI. This more than offset a decline in the energy index, which decreased 3.5 percent over the month as all major energy component indexes declined. | |||
Indexes which increased in March include shelter, transportation, motor vehicle insurance, airline fares, household furnishings and operations, and new vehicles. The index for medical care and the index for used cars and trucks were among those that decreased over the month. | |||
== CPI expectations == | == CPI expectations == |