According to recent data from the U.S. Bureau of Labor Statistics, in February 2023, the United State not seasonally adjusted Consumer Price Index for all Urban Consumers (CPI-U): New and used motor vehicles for Detroit-Warren-Dearborn, MI was 140.681; it rose by 0.4% compared to December 2022.
The US Inflation Rate of New and used motor vehicles for Detroit-Warren-Dearborn, MI in February 2023 was 28.2%, not seasonally adjusted. The inflation rate represents the percent change of the CPI-U compared to a year ago.
The charts and table below shows the United States not seasonally adjusted historical Consumer Price Index and Inflation Rate for All Urban Consumers: New and used motor vehicles for Detroit-Warren-Dearborn, MI from December 2017 to February 2023.
The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods and services. The CPI of all urban consumers (CPI-U) reflects the spending patterns of all urban consumers which represents about 93 percent of the total US population. The CPI-U is based on the expenditures of almost all residents of urban or metropolitan areas, including professionals, the self-employed, the poor, the unemployed, and retired people, as well as urban wage earners and clerical workers.
Month | CPI-U for New and used motor vehicles for Detroit-Warren-Dearborn, MI | % change from YAGO (Inflation Rate) |
---|---|---|
December 2017 | 106.818 | |
February 2018 | 103.772 | |
April 2018 | 103.741 | |
June 2018 | 108.481 | |
August 2018 | 109.978 | |
October 2018 | 106.065 | |
December 2018 | 112.632 | |
February 2019 | 112.154 | |
April 2019 | 109.759 | |
June 2019 | 111.278 | |
August 2019 | 113.657 | |
October 2019 | 112.594 | |
December 2019 | 111.177 | |
February 2020 | 111.874 | 7.8 |
April 2020 | 112.742 | 8.7 |
April 2022 | 132.783 | 22.4 |
June 2022 | 136.5 | 24.1 |
August 2022 | 138.866 | 30.9 |
October 2022 | 141.863 | 26.0 |
December 2022 | 140.07 | 24.9 |
February 2023 | 140.681 | 28.2 |