The Bureau of Labor Statistics (BLS) released March 2022 Consumer Price Index (CPI) today. The all items index rose 1.3% in the last month and increased 8.5% in the last twelve months. Energy rose 11.4% from February 2022 and increased by 32.0% from March 2021. Commodities, less food + energy commodities, decreased 0.1% in the last month and rose 11.7% in the last twelve months. Food at home increased 1.5% from February 2022 and rose 10.0% since March 2021. Dairy + related products rose 1.2% in the last month and increased 7.0% in the last twelve months. Cereals + bakery products increased 1.8% from February 2022 and rose 9.4% since March 2021. Processed fruits + vegetables increased by 3.4% in the last month and rose 11.2% in the last twelve months. Canned fruits + vegetables rose 3.4% from February 2022 and increased 11.2% since March 2021. Nonalcoholic beverages + beverage materials rose 1.1% in the last month and increased 8.0% in the last twelve months. Household furnishings + supplies increased 0.9% from February 2022 and rose 10.8% since March 2021. Appliances increased 1.2% in the last month and rose by 8.0% in the last twelve months. Household cleaning products increased by 1.2% from February 2022 and rose by 8.7% from March 2021. Household paper products increased 1.3% in the last month and increased by 7.4% in the last twelve months.
BLS CPI Historical Annual Inflation Rate Averages Through March 2022

BLS CPI Historical Annual Inflation Rate Averages Through March 2022 Table For Selected Categories
| BLS CPI Code | BLS CPI Category Description | 1M 03/22 | YTD 03/22 | 1Y 03/22 | 3Y 03/22 | 5Y 03/22 | 10Y 03/22 | 20YR 03/22 |
|---|---|---|---|---|---|---|---|---|
| SAF | FOOD & BEVERAGES | 1.0% | 3.0% | 8.5% | 4.5% | 3.3% | 2.4% | 2.6% |
| SAF11 | Food at home | 1.5% | 4.1% | 10.0% | 4.7% | 3.2% | 1.9% | 2.3% |
| SAF114 | Nonalcoholic beverages & beverage materials | 1.1% | 4.1% | 8.0% | 4.1% | 3.0% | 1.4% | 1.6% |
| SEFN | Juices & nonalcoholic drinks | 1.2% | 3.5% | 7.6% | 4.4% | 3.6% | 1.8% | 1.7% |
| SEFN01 | Carbonated drinks | 1.4% | 3.6% | 7.3% | 4.8% | 4.2% | 2.1% | 2.2% |
| SEFN03 | Nonfrozen noncarbonated juices & drinks | 1.1% | 3.4% | 7.8% | 4.1% | 3.2% | 1.6% | 1.3% |
| SEFP | Beverage materials including coffee & tea | 0.8% | 5.6% | 8.9% | 3.6% | 1.7% | 0.3% | 1.5% |
| SEFP01 | Coffee | 0.5% | 5.9% | 11.2% | 3.9% | 1.6% | -0.2% | 2.1% |
| SEFP02 | Other beverage materials including tea | 1.4% | 5.1% | 4.7% | 2.9% | 1.9% | 1.1% | 1.1% |
| SAF115 | Other food at home | 2.0% | 4.8% | 10.3% | 4.6% | 2.8% | 1.7% | 2.1% |
| SEFT06 | Other miscellaneous foods | 1.5% | 3.1% | 9.1% | 4.7% | 2.7% | 1.7% | 1.7% |
| SEFW | Alcoholic beverages at home | 0.4% | 2.0% | 2.7% | 1.8% | 1.8% | 1.1% | 1.4% |
| SEFW01 | Beer, ale & other malt beverages at home | 1.0% | 3.0% | 4.1% | 3.1% | 2.5% | 1.9% | 2.2% |
| SEFW02 | Distilled spirits at home | -0.6% | -0.2% | 1.5% | 1.1% | 1.1% | 0.7% | 0.9% |
| SEFW03 | Wine at home | 0.2% | 2.1% | 2.0% | 0.9% | 1.2% | 0.5% | 0.7% |
| SEHE | FUEL OIL & OTHER FUELS | 15.3% | 29.3% | 51.7% | 15.5% | 13.1% | 2.2% | 7.1% |
| SAH3 | HOUSEHOLD FURNISHINGS & OPERATIONS | 0.7% | 3.3% | 10.1% | 4.5% | 3.2% | 1.1% | 0.5% |
| SAA | APPAREL | 0.8% | 6.5% | 6.8% | 0.8% | 0.7% | 0.1% | 0.0% |
| SAM1 | MEDICAL CARE COMMODITIES | 0.2% | 1.4% | 2.7% | 0.5% | 0.5% | 1.5% | 2.1% |
| SEMF | Medicinal drugs | 0.2% | 1.5% | 2.7% | 0.5% | 0.5% | 1.5% | |
| SEMF01 | Prescription drugs | -0.2% | 1.4% | 2.2% | 0.4% | 0.6% | 1.9% | 8.4% |
| SEMF02 | Nonprescription drugs | 1.3% | 1.7% | 4.1% | 0.8% | 0.1% | -0.1% | |
| SEMG | Medical equipment and supplies | -0.2% | 0.6% | 3.0% | -0.5% | -0.3% | -0.2% | |
| SAR | RECREATION | 0.2% | 2.2% | 4.8% | 2.3% | 1.8% | 1.2% | 1.0% |
| SEEA | EDUCATIONAL BOOKS & SUPPLIES | 0.5% | 2.8% | 3.8% | 0.6% | 0.6% | 2.5% | 4.1% |
| SEGA | TOBACCO & SMOKING PRODUCTS | 0.5% | 1.1% | 6.9% | 6.2% | 5.1% | 4.6% | 5.7% |
| SEGB | PERSONAL CARE PRODUCTS | 1.0% | 2.6% | 2.0% | 0.6% | 0.2% | 0.0% | 0.3% |
| SEGE | MISCELLANEOUS PERSONAL GOODS | -0.9% | 4.9% | 10.9% | 4.1% | 1.4% | -0.4% | -0.6% |
| SAG | OTHER GOODS AND SERVICES | 0.5% | 2.3% | 5.5% | 3.6% | 2.9% | 2.4% | 2.8% |
| SERE | Other recreational goods | -0.1% | 2.5% | 2.7% | -1.5% | -3.3% | -4.6% | -4.3% |
| SERG | Recreational reading materials | -2.9% | 1.3% | 1.6% | 3.5% | 2.8% | 2.2% | 1.8% |
