School Finance
August 11, 2023

Consumer Price Index July 2023

Source: NYSUT Research and Educational Services

The United States City Average Consumer Price Index (CPI-U) for July 2023 was 305.691 — representing a change of 3.2 percent over the index for July 2022.

The Northeast Area Consumer Price Index for July 2023 was 313.952 — representing a change of 2.6 percent over the index for July 2022.

The New York-Northern New Jersey Area Consumer Price Index for July 2023 was 322.496— representing a change of 3.2 percent over the index for July 2022.

The August CPI will be available September 13, 2023.


Future projections of the CPI by businesses and economic organizations are found in the complete document. CPI increases are projected at 4.0 percent for 2023 and 2.5 percent for 2024.

 

August 11, 2023