The US core inflation rate, excluding volatile food and fuel costs, rose to 2.6% in September 2026 from a five-year low of 2.4% in August, slightly exceeding the expected 2.5%. The heavyweight shelter index increased 3.2% over the last year. Other indexes with notable increases over the last year include airline fares (+22.4%), recreation (+2.8%), medical care (+1.5%), and education (+3.8%). On a monthly basis, core CPI rose by 0.3 in September, the same pace as August, but above market expectations of a 0.2% increase. source: U.S. Bureau of Labor Statistics

Core consumer prices in the United States increased 2.60 percent in September 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 October of 2026.

Core consumer prices in the United States increased 2.60 percent in September 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
2026-09-11 12:30 PM
Core Inflation Rate YoY
Aug 2.4% 2.5% 2.4% 2.4%
2026-10-14 12:30 PM
Core Inflation Rate YoY
Sep 2.6% 2.4% 2.5% 2.4%
2026-11-10 01:30 PM
Core Inflation Rate YoY
Oct 2.6%


Related Last Previous Unit Reference
CPI 336.94 334.98 points Sep 2026
Core Consumer Prices 338.90 337.77 points Sep 2026
Core Inflation Rate YoY 2.60 2.40 percent Sep 2026
Core Inflation Rate MoM 0.30 0.30 percent Sep 2026
CPI Core Core YoY 2.30 2.20 percent Sep 2026
CPI Housing Utilities 361.39 360.23 points Sep 2026
CPI s.a 336.30 334.13 points Sep 2026
CPI Transportation 295.86 290.78 points Sep 2026
Export Prices 170.80 167.20 points Sep 2026
Export Prices MoM 2.20 1.20 percent Sep 2026
Export Prices YoY 11.60 9.30 percent Sep 2026
Food Inflation 2.50 2.70 percent Sep 2026
Import Prices 152.20 150.50 points Sep 2026
Import Prices MoM 1.10 0.50 percent Sep 2026
Import Prices YoY 8.10 6.70 percent Sep 2026
Inflation Rate YoY 3.70 3.40 percent Sep 2026
Inflation Rate MoM 0.60 0.40 percent Sep 2026
PPI MoM 1.30 0.50 percent Sep 2026
PPI 159.78 157.66 points Sep 2026
PPI YoY 6.30 5.60 percent Sep 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 2.40 13.60 0.00 1957 - 2026 percent Monthly
1982-1984=100, NSA

News Stream
US Core Inflation Above Forecasts
The US core inflation rate, excluding volatile food and fuel costs, rose to 2.6% in September 2026 from a five-year low of 2.4% in August, slightly exceeding the expected 2.5%. The heavyweight shelter index increased 3.2% over the last year. Other indexes with notable increases over the last year include airline fares (+22.4%), recreation (+2.8%), medical care (+1.5%), and education (+3.8%). On a monthly basis, core CPI rose by 0.3 in September, the same pace as August, but above market expectations of a 0.2% increase.
2026-10-14
US Core Inflation Eases to 5-Year Low
The core inflation rate in the US, which excludes exogenous food and fuel costs, eased to 2.4% in August of 2026 from 2.5% the previous month, aligned with market expectations. It was the lowest since March 2021, showing some normalization since surging in the post-Covid economy. Inflation was lower for commodities less food and energy commodities (0.7%) and new vehicles (0.6%). In turn, price growth remained elevated for shelter (3.0%) and medical care services (2.5%), while remaining close to the core rate for transportation services (2.4%). From the previous month, core consumer prices rose by 0.3%.
2026-09-11
US Core Inflation Matches Forecasts at 2.5%
The US core inflation rate, excluding volatile food and fuel costs, eased for the second month to 2.5% in July 2026, the lowest in five months, matching market forecasts. The heavyweight shelter index increased by 3.2% over the last year, down from 3.3% in June. Other indexes with slower price increases include airline fares (+25.5% vs 26.5%), medical care (+1.7% vs 2%), recreation (+2.6% vs 2.8%), and household furnishings and operations (+2.2% vs 2.5%). On a monthly basis, core consumer prices rose by 0.2% in July, after being flat in the prior month and in line with market expectations.
2026-08-12