How the price of consumer goods changed in September

Published 9:00 pm Friday, October 14, 2022

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How the price of consumer goods changed in September

The cost of all goods inflated 0.4% in September.

That’s based on the Bureau of Labor Statistics Consumer Price Index, which measures the change in what urban residents pay for a variety of goods and services. Over the past year, the cost of goods has increased 8.2%. Inflation has remained “unacceptably high” by the standards of Federal Reserve officials, who noted that supply chain and labor challenges could continue to exacerbate the issue.

CPI looks at a broad range of goods, spanning everything from rent to doctors’ services to food. All goods have increased in cost compared to a year ago, but a few have experienced decreases since August. Oil derivatives have some of the least consistent pricing, as the Russia-Ukraine War, hurricanes, and other global events continue to jostle the price of oil. Although gas and fuel oil have experienced price decreases over the past couple months, they’re still above where they were a year ago. Utility gas and electricity, also affected by oil prices, continue to rise.

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Stacker used seasonally-adjusted monthly BLS CPI data to find how much consumer goods changed in price from August to September. They are ranked below from largest increase to largest decrease month-over-month, using year-over-year changes as a tiebreaker when needed.

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A car being refueled at a gas station

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#19. Gasoline

– One-month change in CPI: -4.9%
– Annual change in CPI: +18.2%

Industrial ship carrying fuel oil

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#18. Fuel oil

– One-month change in CPI: -2.7%
– Annual change in CPI: +58.1%

 

Used car lot

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#17. Used cars and trucks

– One-month change in CPI: -1.1%
– Annual change in CPI: +7.2%

Sweaters hanging on a rack in a store

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#16. Apparel

– One-month change in CPI: -0.3%
– Annual change in CPI: +5.5%

Medical packages and pills on a white surface

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#15. Medical care commodities

– One-month change in CPI: -0.1%
– Annual change in CPI: +3.7%

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A variety of bottles on shelves in a liquor store

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#14. Alcoholic beverages

– One-month change in CPI: 0%
– Annual change in CPI: +4.1%

A row of empty hospital beds

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#13. Hospital services

– One-month change in CPI: +0.1%
– Annual change in CPI: +3.8%

Tobacco & Vape store front in the daytime

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#12. Tobacco and smoking products

– One-month change in CPI: +0.2%
– Annual change in CPI: +8.2%

Electric power box meter for home use

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#11. Electricity

– One-month change in CPI: +0.4%
– Annual change in CPI: +15.5%

A physician checks a patients blood pressure

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#10. Physicians’ services

– One-month change in CPI: +0.5%
– Annual change in CPI: +1.8%

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Shiny new cars in a dealership showroom

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#9. New vehicles

– One-month change in CPI: +0.7%
– Annual change in CPI: +9.4%

Full grocery bags in the trunk of a car

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#8. Food at home

– One-month change in CPI: +0.7%
– Annual change in CPI: +13%

Exterior view of an apartment complex

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#7. Owners’ equivalent rent of residences

– One-month change in CPI: +0.8%
– Annual change in CPI: +6.7%

A line of row houses in Washington DC

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#6. Rent of primary residence

– One-month change in CPI: +0.8%
– Annual change in CPI: +7.2%

A man carrying a carry-on bag and boarding pass through an airport

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#5. Airline fares

– One-month change in CPI: +0.8%
– Annual change in CPI: +42.9%

 

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People dining on colorful plates in a restaurant

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#4. Food away from home

– One-month change in CPI: +0.9%
– Annual change in CPI: +8.5%

Certificate of motor insurance and policy schedule with car key

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#3. Motor vehicle insurance

– One-month change in CPI: +1.6%
– Annual change in CPI: +10.3%

Car repair shop with man working on raised car

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#2. Motor vehicle maintenance and repair

– One-month change in CPI: +1.9%
– Annual change in CPI: +11.1%

Gas meter and hand

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#1. Utility gas service

– One-month change in CPI: +2.9%
– Annual change in CPI: +33.1%

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