School Finance
February 14, 2023

Consumer Price Index January 2023

Source: NYSUT Research and Educational Services

The United States City Average Consumer Price Index (CPI-U) for January was 299.170 — representing a change of 6.4 percent over the index for January 2022.

The Northeast Area Consumer Price Index for January 2023 was 310.323 — representing a change of 6.0 percent over the index for January 2022.

The New York-Northern New Jersey Area Consumer Price Index for January 2023 was 318.151 — representing a change of 6.0 percent over the index for January 2022.

The February CPI will be available March 14, 2023.

Future projections of the CPI by businesses and economic organizations are found in the complete document. CPI increases are projected at 3.8 percent for 2023 and 2.3 percent for 2024.

 

February 14, 2023