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 vehicles for Detroit-Warren-Dearborn, MI was 253.016; it rose by 0.9% compared to December 2022.
The US Inflation Rate of New vehicles for Detroit-Warren-Dearborn, MI in February 2023 was 20.8%, 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 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 vehicles for Detroit-Warren-Dearborn, MI | % change from YAGO (Inflation Rate) |
---|---|---|
December 2017 | 207.683 | |
February 2018 | 200.445 | |
April 2018 | 201.352 | |
June 2018 | 201.368 | |
August 2018 | 202.396 | |
October 2018 | 203.703 | |
December 2018 | 202.787 | |
February 2019 | 208.776 | |
April 2019 | 209.511 | |
June 2019 | 209.755 | |
August 2019 | 211.749 | |
October 2019 | 214.232 | |
December 2019 | 216.556 | |
February 2020 | 216.113 | 7.8 |
April 2020 | 212.269 | 5.4 |
April 2022 | 236.747 | 17.6 |
June 2022 | 240.711 | 18.9 |
August 2022 | 244.663 | 20.1 |
October 2022 | 249.383 | 23.0 |
December 2022 | 250.775 | 20.1 |
February 2023 | 253.016 | 20.8 |