Chart 2
Five of the eight CPI components decelerate in January

All-items Consumer Price Index (CPI) Food Shelter Household operations, furnishings and equipment Clothing and footwear Transportation Health and personal care Recreation, education and reading Alcoholic beverages, tobacco products and recreational cannabis -4 -2 0 2 4 6 8 12-month % change December 2023December 2023 January 2024January 2024
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Chart description


This is a bar clustered chart.

Five of the eight CPI components decelerate in January, 12-month % change
  December 2023 January 2024
All-items Consumer Price Index (CPI) 3.4 2.9
Food 5.0 3.9
Shelter 6.0 6.2
Household operations, furnishings and equipment -1.7 -0.5
Clothing and footwear 0.9 -1.3
Transportation 3.2 1.2
Health and personal care 3.7 3.7
Recreation, education and reading 1.7 0.3
Alcoholic beverages, tobacco products and recreational cannabis 4.3 4.2
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