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 Phoenix-Mesa-Scottsdale, AZ was 112.629; it rose by 0.8% compared to December 2022.
The US Inflation Rate of New vehicles for Phoenix-Mesa-Scottsdale, AZ in February 2023 was 19.5%, 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 Phoenix-Mesa-Scottsdale, AZ 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 Phoenix-Mesa-Scottsdale, AZ | % change from YAGO (Inflation Rate) |
---|---|---|
December 2017 | 95.715 | |
February 2018 | 103.111 | |
April 2018 | 96.202 | |
June 2018 | 95.59 | |
August 2018 | 91.718 | |
October 2018 | 94.555 | |
December 2018 | 95.577 | |
February 2019 | 92.839 | |
April 2019 | 92.465 | |
June 2019 | 94.25 | |
August 2019 | 93.734 | |
October 2019 | 93.993 | |
December 2019 | 96.202 | |
February 2020 | 97.07 | -5.9 |
August 2020 | 97.07 | 0.9 |
October 2020 | 94.906 | -0.7 |
April 2022 | 109.762 | 19.7 |
June 2022 | 111.17 | 17.6 |
August 2022 | 112.687 | 17.9 |
October 2022 | 112.872 | 21.6 |
December 2022 | 111.698 | 20.8 |
February 2023 | 112.629 | 19.5 |