Core Consumer Price Index (CPI) measures the change in prices of goods for the consumers, but it excludes 2 important categories, which are often volatile, food and energy prices. It is released on monthly basis by the Bureau of Labor Statistics, and it also seasonally adjusted. Its higher readings indicate inflationary pressures, which is not good for consumers, but are positive for the US Dollar, as sustainable high readings of the Core Consumer Price Index can lead to future interest rate increases as means to reduce inflation.
The United States Core Consumer Prices
The United States Core Consumer Prices current level is at 251.33, and since 2013, its readings have been rising steadily, meaning inflation is more evident in the US economy. The first period of reference for the Core Consumer Prices is at January of 1957, with a reading of 28.50. This was also the all-time low price of the index. The latest reading of 251.33 in May of 2017, is the most recent all-time high price. Historically the average growth rate of the index is 3.62%, and its value one year ago was at 247.03, with a yearly change of +1.74%.
