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LCS Sept 2025 - CPI_History_and_Forecast.pdf (65 KB)

Regular Meeting, December 9, 2025 · item 8.2: 2026-27 Budget Development Process and 2026-27 Budget Outlook · 1 page

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Consumer Price Index, All Items (CPI-U) Index 100 = 1982-84 All U.S. Urban Areas Year

September 2025 Forecast

Index

Inflation Rate

Denver-Aurora-Lakewood* Index

Inflation Rate

1981 1982 1983 1984 1985

90.9 96.5 99.6 103.9 107.6

10.4% 6.2% 3.2% 4.4% 3.5%

87.2 95.1 100.5 104.3 107.1

11.2% 9.1% 5.7% 3.8% 2.7%

1986 1987 1988 1989 1990

109.7 113.6 118.3 123.9 130.7

1.9% 3.6% 4.1% 4.8% 5.4%

107.9 110.8 113.7 115.8 120.9

0.7% 2.7% 2.6% 1.8% 4.4%

1991 1992 1993 1994 1995

136.2 140.3 144.5 148.2 152.4

4.2% 3.0% 3.0% 2.6% 2.8%

125.6 130.3 135.8 141.8 147.9

3.9% 3.7% 4.2% 4.4% 4.3%

1996 1997 1998 1999 2000

156.9 160.5 163.0 166.6 172.2

2.9% 2.3% 1.5% 2.2% 3.4%

153.1 158.1 161.9 166.6 173.2

3.5% 3.3% 2.4% 2.9% 4.0%

2001 2002 2003 2004 2005

177.0 179.9 184.0 188.9 195.3

2.8% 1.6% 2.3% 2.7% 3.4%

181.3 184.8 186.8 187.0 190.9

4.7% 1.9% 1.1% 0.1% 2.1%

2006 2007 2008 2009 2010

201.6 207.3 215.3 214.6 218.1

3.2% 2.9% 3.8% -0.3% 1.6%

197.7 202.0 209.9 208.5 212.4

3.6% 2.2% 3.9% -0.6% 1.9%

2011 2012 2013 2014

224.9 229.6 233.0 236.7

3.1% 2.1% 1.5% 1.6%

220.3 224.6 230.8 237.2

3.7% 1.9% 2.8% 2.8%

2015

237.0

0.1%

240.0

1.2%

2016 2017 2018 2019

240.0 245.1 251.1 255.7

1.3% 2.1% 2.4% 1.8%

246.6 255.0 262.0 267.0

2.8% 3.4% 2.7% 1.9%

2020

258.9

1.3%

272.2

2.0%

2021 2022 2023

271.0 292.6 304.7

4.7% 8.0% 4.1%

281.8 304.4 320.3

3.5% 8.0% 5.2%

2024

313.7

3.0%

327.6

2.3%

2025 2026 2027

322.5 332.8 341.1

2.8% 3.2% 2.5%

336.7 348.2 357.6

2.8% 3.4% 2.7%

Source: U.S. Bureau of Labor Statistics and Legislative Council Staff. *A consumer price index (CPI-U) is not calculated for the state of Colorado. The CPI-U for the Denver-Aurora-Lakewood core based statistical area is often used as a proxy for the inflation rate of Colorado. Beginning in February 2018, a bi-monthly index is published for the Denver-Aurora-Lakewood core based statistical area, instead of a semi-annual index for the DenverBoulder-Greeley combined metropolitan statistical area. Prepared by Legislative Council Staff.