How the price of consumer goods changed in November
Kondor83 // Shutterstock
How the price of consumer goods changed in November
Modern checkout terminal in a supermarket
The cost of goods inflated 0.1% in November.
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 increased 7.1%. 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. Nearly all goods have increased in cost compared to a year ago, except for used cars and trucks, which have decreased about 3.3%. Several more have experienced decreases since October.
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 gasoline, utility gas, and electricity have experienced price decreases over the past month, they’re still above where they were a year ago. Fuel oil continued to rise.
Stacker used seasonally-adjusted monthly BLS CPI data to find how much consumer goods changed in price from October to November. They are ranked here from largest increase to largest decrease month-over-month, using year-over-year changes as a tiebreaker when needed.
Potashev Aleksandr // Shutterstock
#18. Utility gas service
Gas meter and hand
– One-month change in CPI: -3.5%
– Annual change in CPI: +15.5%
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#17. Used cars and trucks
Used car lot
– One-month change in CPI: -2.9%
– Annual change in CPI: -3.3%
nata-lunata // Shutterstock
#16. Gasoline
Gas station pump
– One-month change in CPI: -2%
– Annual change in CPI: +10.1%
Kwangmoozaa // Shutterstock
#15. Electricity
Electric power box meter for home use
– One-month change in CPI: -0.2%
– Annual change in CPI: +13.7%
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#14. Physicians’ services
A physician checks a patients blood pressure
– One-month change in CPI: 0%
– Annual change in CPI: +1.5%
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#13. Hospital services
A row of empty hospital beds
– One-month change in CPI: %
– Annual change in CPI: +2.9%
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#12. New vehicles
Shiny new cars in a dealership showroom
– One-month change in CPI: 0%
– Annual change in CPI: +7.2%
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#11. Medical care commodities
Medical packages and pills on a white surface
– One-month change in CPI: +0.2%
– Annual change in CPI: +3.1%
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#10. Apparel
Sweaters hanging on a rack in a store
– One-month change in CPI: +0.2%
– Annual change in CPI: +3.6%
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#9. Food away from home
People dining on colorful plates in a restaurant
– One-month change in CPI: +0.5%
– Annual change in CPI: +8.5%
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#8. Food at home
Full grocery bags in the trunk of a car
– One-month change in CPI: +0.5%
– Annual change in CPI: +12%
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#7. Alcoholic beverages
A variety of bottles on shelves in a liquor store
– One-month change in CPI: +0.7%
– Annual change in CPI: +5.5%
LisaCarter // Shutterstock
#6. Tobacco and smoking products
Tobacco & Vape store front in the daytime
– One-month change in CPI: +0.7%
– Annual change in CPI: +6.3%
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#5. Owners’ equivalent rent of residences
Exterior view of an apartment complex
– One-month change in CPI: +0.7%
– Annual change in CPI: +7.1%
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#4. Rent of primary residence
A line of row houses in Washington DC
– One-month change in CPI: +0.8%
– Annual change in CPI: +7.9%
Brian A Jackson // Shutterstock
#3. Motor vehicle insurance
Certificate of motor insurance and policy schedule with car key
– One-month change in CPI: +0.9%
– Annual change in CPI: +13.4%
Memory Stockphoto // Shutterstock
#2. Motor vehicle maintenance and repair
Car repair shop with man working on raised car
– One-month change in CPI: +1.3%
– Annual change in CPI: +11.7%
Canva
#1. Fuel oil
Industrial ship carrying fuel oil
– One-month change in CPI: +1.7%
– Annual change in CPI: +65.7%