CPILFESLConsumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average — Current Value & Historical Data
What is Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average?
Core CPI is the Consumer Price Index excluding the volatile food and energy components, published monthly by the Bureau of Labor Statistics as part of the CPI release. Stripping out food and energy removes the short-run price shocks that can push headline inflation around without reflecting persistent price pressure — a summer oil spike or a weather-driven food spike hits headline CPI hard but doesn't signal durable inflation. Core CPI is stickier and more persistent than headline CPI because shelter, medical care, and services dominate the remaining basket. Year-over-year core CPI peaked at 6.6% in September 2022 during the post-pandemic inflation episode, lagging the headline peak by about three months because shelter inflation — itself roughly 40% of core CPI — reflects rents with a multi-quarter lag. The Federal Reserve tracks core CPI alongside core PCE, but formally targets the latter.
Current Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average Value
As of March 1, 2026, the current consumer price index for all urban consumers: all items less food and energy in u.s. city average is 334.17 Index 1982-1984=100. This is the most recent observation available for this series, updated monthly.
Historical Trend
Consumer Price Index for All Urban Consumers: All Items Less Food and Energy in U.S. City Average rose 0.20% month-over-month. Over the past year, consumer price index for all urban consumers: all items less food and energy in u.s. city average rose 2.67% from February 2025. In the series' tracked history, the highest recorded value was 334.17 (March 2026), and the lowest was 235.96 (January 2014).
Methodology & Source
Source: Bureau of Labor Statistics
Frequency: Monthly
Units: Index 1982-1984=100
The "Consumer Price Index for All Urban Consumers: All Items Less Food & Energy" is an aggregate of prices paid by urban consumers for a typical basket of goods, excluding food and energy. This measurement, known as "Core CPI," is widely used by economists because food and energy have very volatile ...