Core consumer prices in the US, which exclude food and energy, rose by 0.3% from the previous month in January of 2026, picking up from the 0.2% increase in the previous month and in line with market expectations. It was the sharpest increase since August of the previous year, with two reports being suspended since then due to the federal government shutdown. Prices rose sharply for transportation services (1.4% vs 0.4% in December 2025). In turn, inflation slowed for shelter (0.2% vs 0.4%), while deflation picked up for used cars and trucks (-1.8% vs -0.9%). source: U.S. Bureau of Labor Statistics

Core Inflation Rate MoM in the United States increased to 0.30 percent in January from 0.20 percent in December of 2025. Core Inflation Rate MoM in the United States averaged 0.30 percent from 1957 until 2026, reaching an all time high of 1.40 percent in August of 1974 and a record low of -0.50 percent in April of 2020. This page includes a chart with historical data for the United States Core Inflation Rate MoM. United States Core Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Core Inflation Rate MoM in the United States increased to 0.30 percent in January from 0.20 percent in December of 2025. Core Inflation Rate MoM in the United States is expected to be 0.20 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 MoM is projected to trend around 0.20 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-13 01:30 PM
Core Inflation Rate MoM
Dec 0.2% 0.3% 0.2%
2026-02-13 01:30 PM
Core Inflation Rate MoM
Jan 0.3% 0.2% 0.3% 0.2%
2026-03-11 12:30 PM
Core Inflation Rate MoM
Feb 0.3% 0.2%


Related Last Previous Unit Reference
CPI 325.25 324.05 points Jan 2026
Core Consumer Prices 332.79 331.81 points Jan 2026
Core Inflation Rate YoY 2.50 2.60 percent Jan 2026
Core Inflation Rate MoM 0.30 0.20 percent Jan 2026
CPI Core Core YoY 2.40 2.30 percent Jan 2026
CPI Housing Utilities 352.54 351.07 points Jan 2026
CPI s.a 326.59 326.03 points Jan 2026
CPI Transportation 267.52 268.63 points Jan 2026
Export Prices 154.10 153.60 points Dec 2025
Export Prices MoM 0.30 0.00 percent Dec 2025
Export Prices YoY 3.10 3.20 percent Dec 2025
Food Inflation 2.90 3.10 percent Jan 2026
Import Prices 141.40 141.20 points Dec 2025
Import Prices MoM 0.10 -0.10 percent Dec 2025
Import Prices YoY 0.00 -0.10 percent Dec 2025
Inflation Rate YoY 2.40 2.70 percent Jan 2026
Inflation Rate MoM 0.20 0.30 percent Jan 2026
PPI MoM 0.50 0.40 percent Jan 2026
PPI 152.17 151.45 points Jan 2026
PPI YoY 2.90 3.00 percent Jan 2026


United States Core Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.20 1.40 -0.50 1957 - 2026 percent Monthly
1982-1984=100, SA

News Stream
US Core CPI Rises as Expected
Core consumer prices in the US, which exclude food and energy, rose by 0.3% from the previous month in January of 2026, picking up from the 0.2% increase in the previous month and in line with market expectations. It was the sharpest increase since August of the previous year, with two reports being suspended since then due to the federal government shutdown. Prices rose sharply for transportation services (1.4% vs 0.4% in December 2025). In turn, inflation slowed for shelter (0.2% vs 0.4%), while deflation picked up for used cars and trucks (-1.8% vs -0.9%).
2026-02-13
US Core CPI Rises Less than Expected
Core consumer prices in the US, which exclude food and energy, rose by 0.2% from the previous month in December of 2025, slightly softer than the median market expectations of a 0.3% increase. The increase was consistent with that of September, the last available data for monthly changes in price levels due to the suspension of releases from the US government shutdown. Prices were unchanged for commodities that exclude food and energy, as a decline in prices of used cars and trucks (-1.1%) offset an increase in that of apparel (0.6%) and medical care goods (0.3%). In turn, services less energy costs rose by 0.3%, amid higher increases for shelter (0.4%), transportation services (0.5%), and medical care services (0.4%).
2026-01-13
US Core CPI Rises Less than Expected
Core consumer prices in the US, which exclude food and energy, rose by 0.2% from the previous month in September of 2025, slowing from the 0.3% in the August and July, and slightly under market expectations of a 0.3% increase. The data was released with weeks of delay as the ongoing US government shutdown suspended activity in the Bureau of Labor Statistics. Prices rose slower for shelter (0.2% vs 0.4% in August), transportation services (0.3% vs 1%), and new vehicles (0.2% vs 0.3%). In turn, the CPI rebounded for medical care services (0.3% vs -0.1%) and accelerate for apparel (0.7% vs 0.5%). From the pervious year, core consumer prices rose by 3% in September.
2025-10-24