The US core inflation rate, excluding volatile food and fuel costs, fell to 2.6% in June 2026 from a seven-month high of 2.9% in May and below the expected 2.8%. The slowdown was driven by a modest easing in shelter costs (3.3% vs 3.4% in May) and softer price increases for other categories including airline fares (26.5% vs 27%), apparel (3.9% vs 4.8%); medical care (2% vs 2.6%) and household furnishings and operations (2.5% vs 3%). Month-over-month, core consumer prices were flat, after a 0.2% increase in May and undershooting market estimates of a 0.2% rise. source: U.S. Bureau of Labor Statistics

Core consumer prices in the United States increased 2.60 percent in June of 2026 over the same month in the previous year. Core Inflation Rate in the United States averaged 3.61 percent from 1957 until 2026, reaching an all time high of 13.60 percent in June of 1980 and a record low of 0.00 percent in May of 1957. This page provides - United States Core Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Core Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

Core consumer prices in the United States increased 2.60 percent in June of 2026 over the same month in the previous year. Core Inflation Rate in the United States is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Core Inflation Rate is projected to trend around 2.40 percent in 2027 and 2.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-10 12:30 PM
Core Inflation Rate YoY
May 2.9% 2.8% 2.9% 2.9%
2026-07-14 12:30 PM
Core Inflation Rate YoY
Jun 2.6% 2.9% 2.8% 2.9%
2026-08-12 12:30 PM
Core Inflation Rate YoY
Jul 2.6%


Related Last Previous Unit Reference
CPI 333.95 335.12 points Jun 2026
Core Consumer Prices 336.07 336.12 points Jun 2026
Core Inflation Rate YoY 2.60 2.90 percent Jun 2026
Core Inflation Rate MoM 0.00 0.20 percent Jun 2026
CPI Core Core YoY 2.30 2.70 percent Jun 2026
CPI Housing Utilities 359.19 358.39 points Jun 2026
CPI s.a 332.57 333.98 points Jun 2026
CPI Transportation 291.23 298.41 points Jun 2026
Export Prices 167.80 168.80 points Jun 2026
Export Prices MoM -0.60 1.20 percent Jun 2026
Export Prices YoY 10.20 11.30 percent Jun 2026
Food Inflation 3.00 3.10 percent Jun 2026
Import Prices 150.80 150.30 points Jun 2026
Import Prices MoM 0.30 1.70 percent Jun 2026
Import Prices YoY 7.10 6.70 percent Jun 2026
Inflation Rate YoY 3.50 4.20 percent Jun 2026
Inflation Rate MoM -0.40 0.50 percent Jun 2026
PPI MoM -0.30 0.60 percent Jun 2026
PPI 156.57 157.00 points Jun 2026
PPI YoY 5.50 6.00 percent Jun 2026


United States Core Inflation Rate
In the United States, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes volatile food and fuel costs.
Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.90 13.60 0.00 1957 - 2026 percent Monthly
1982-1984=100, NSA

News Stream
US Core Inflation Rate Below Forecasts
The US core inflation rate, excluding volatile food and fuel costs, fell to 2.6% in June 2026 from a seven-month high of 2.9% in May and below the expected 2.8%. The slowdown was driven by a modest easing in shelter costs (3.3% vs 3.4% in May) and softer price increases for other categories including airline fares (26.5% vs 27%), apparel (3.9% vs 4.8%); medical care (2% vs 2.6%) and household furnishings and operations (2.5% vs 3%). Month-over-month, core consumer prices were flat, after a 0.2% increase in May and undershooting market estimates of a 0.2% rise.
2026-07-14
US Core Inflation Hits Seven-Month High
The US core inflation rate, excluding volatile food and fuel costs, climbed to 2.9% year-over-year in May 2026, matching market forecasts and reaching its highest level since September 2025. Key drivers included shelter (+3.4%), transportation services (+4.1%), medical care services (+3.6%), and apparel (+4.8%), while used cars and trucks (-2.0%) and medical care commodities (-1.8%) declined. Month-over-month, core consumer prices rose 0.2% in May, following a 0.4% increase in April, slightly below expectations of 0.3%.
2026-06-10
US Core Inflation Rises to 7-Month High
The annual core inflation rate in the United States, which excludes food and energy, rose to 2.8% in April of 2026 from 2.6% in the previous month, slightly above market expectations of 2.7%. It was the sharpest core inflation rate since September of last year. Prices rose sharply for services less energy services (3.3%) amid higher costs for shelter (3.3%) and transportation services (4.3%). IN turn, prices rose sharply for apparel (4.2%), while they fell rose less for new vehicles (0.2%) and tumbled for used cars and trucks (-2.7%). From the previous month, core consumer prices rose by 0.4%, the sharpest increase since January 2025.
2026-05-12