The United States City Average Consumer Price Index (CPI-U) for May 2023 was 304.127 — representing a change of 4.0 percent over the index for May 2022.
The Northeast Area Consumer Price Index for May 2023 was 312.241 — representing a change of 3.1 percent over the index for May 2022.
The New York-Northern New Jersey Area Consumer Price Index for May 2023 was 320.002— representing a change of 3.5 percent over the index for May 2022.
The June CPI will be available July 12, 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 2.6 percent for 2024.
June 13, 2023