The annual core inflation rate in the United States, which excludes food and energy, rose to 2.6% in March of 2026 from 2.5% in the previous two months, slightly below market expectations that it would have risen to 2.7%. Inflation was high for services that exclude energy services (3%), including shelter (3%), transportation services (4.1%), and medical care services (3.7%). Meanwhile, commodities less food and energy inflation was at 2.6%, as higher rates for apparel (3.4%) offset the decline in price of used cars and trucks (-3.2%). source: U.S. Bureau of Labor Statistics

Core consumer prices in the United States increased 2.60 percent in March of 2026 over the same month in the previous year. Core Inflation Rate in the United States averaged 3.62 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 April of 2026.

Core consumer prices in the United States increased 2.60 percent in March 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 2.60 percent in 2027 and 2.40 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-11 12:30 PM
Core Inflation Rate YoY
Feb 2.5% 2.5% 2.5% 2.5%
2026-04-10 12:30 PM
Core Inflation Rate YoY
Mar 2.6% 2.5% 2.7% 2.7%
2026-05-12 12:30 PM
Core Inflation Rate YoY
Apr 2.6%


Related Last Previous Unit Reference
CPI 330.21 326.79 points Mar 2026
Core Consumer Prices 334.17 333.51 points Mar 2026
Core Inflation Rate YoY 2.60 2.50 percent Mar 2026
Core Inflation Rate MoM 0.20 0.20 percent Mar 2026
CPI Core Core YoY 2.60 2.40 percent Mar 2026
CPI Housing Utilities 355.10 353.74 points Mar 2026
CPI s.a 330.29 327.46 points Mar 2026
CPI Transportation 283.43 269.61 points Mar 2026
Export Prices 161.00 158.40 points Mar 2026
Export Prices MoM 1.60 1.90 percent Mar 2026
Export Prices YoY 5.60 3.80 percent Mar 2026
Food Inflation 2.70 3.10 percent Mar 2026
Import Prices 144.60 143.50 points Mar 2026
Import Prices MoM 0.80 0.90 percent Mar 2026
Import Prices YoY 2.10 1.00 percent Mar 2026
Inflation Rate YoY 3.30 2.40 percent Mar 2026
Inflation Rate MoM 0.90 0.30 percent Mar 2026
PPI MoM 0.50 0.50 percent Mar 2026
PPI 154.01 153.22 points Mar 2026
PPI YoY 4.00 3.40 percent Mar 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 2.50 13.60 0.00 1957 - 2026 percent Monthly
1982-1984=100, NSA

News Stream
US Core Inflation Rises Less than Expected
The annual core inflation rate in the United States, which excludes food and energy, rose to 2.6% in March of 2026 from 2.5% in the previous two months, slightly below market expectations that it would have risen to 2.7%. Inflation was high for services that exclude energy services (3%), including shelter (3%), transportation services (4.1%), and medical care services (3.7%). Meanwhile, commodities less food and energy inflation was at 2.6%, as higher rates for apparel (3.4%) offset the decline in price of used cars and trucks (-3.2%).
2026-04-10
US Core Inflation Rate Stands at 2.5%, as Forecast
The annual core consumer price inflation rate in the United States, which excludes food and energy, stood at 2.5% in February 2026, the lowest since March 2021, unchanged from January and matching forecasts. The heavyweight shelter index increased 3% over the last year, the same pace as in January. Other indexes with notable increases over the last year include medical care (+3.4%), household furnishings and operations (+3.9%), recreation (+2.3%), and personal care (+4.5%). On a monthly basis, core consumer prices rose by 0.2%, following a 0.3% increase in the prior month, also in line with the market consensus.
2026-03-11
US Core Inflation Rate Lowest Since 2021
The annual core consumer price inflation rate in the United States, which excludes volatile items like food and energy, edged down to 2.5% in January 2026, the lowest since March 2021, from 2.6% in the prior month. Figures came in line with market forecasts. The heavyweight shelter index increased 3%, down from December's 3.2%. Other indexes registered slower price- growth including recreation (2.5% vs 3%) and household furnishings and operations (3.9% vs 4%). Medical care inflation was unchanged at 3.2%, whereas personal care accelerated to 5.4% from 3.7%. On a monthly basis, core consumer prices rose by 0.3%, picking up from the 0.2% increase in the previous month and in line with market expectations.
2026-02-13