December 18, 2025
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.2% on a seasonally adjusted basis over the two-month period from September to November 2025. Over the past 12 months, the all items index rose by 2.7% before seasonal adjustment, down from the 3.0% increase recorded for the year ending in September. Data for October was not collected due to a lapse in appropriations.
Excluding food and energy, the all items index advanced 0.2% over the two months ending in November. The shelter index rose 0.2%, while the energy index climbed 1.1% and the food index edged up 0.1% during the same period. Other categories posting gains included household furnishings and operations, communication, and personal care. Conversely, lodging away from home, recreation, and apparel registered declines.
For the 12 months ending in November, the all items less food and energy index increased 2.6%. The energy index rose 4.2% year-over-year, while the food index advanced 2.6%.

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