Core consumer prices in the United States, which exclude food and energy, rose by 0.2% from the previous month in July of 2026, gaining traction from the hold in the previous month, and in line with market expectations. Prices rose sharply for medical care devices (0.6% vs -0.1% in June), transportation services (0.3% vs -0.3%), and used cars and trucks (0.4% vs -0.2%). Meanwhile, inflation was softer for shelter (0.1% vs 0.1%). From the previous year, core consumer prices rose by 2.5%. source: U.S. Bureau of Labor Statistics

Core Inflation Rate MoM in the United States increased to 0.20 percent in July from 0 percent in June of 2026. 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 August of 2026.

Core Inflation Rate MoM in the United States increased to 0.20 percent in July from 0 percent in June of 2026. Core Inflation Rate MoM in the United States is expected to be 0.30 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
2026-07-14 12:30 PM
Core Inflation Rate MoM
Jun 0% 0.2% 0.2% 0.2%
2026-08-12 12:30 PM
Core Inflation Rate MoM
Jul 0.2% 0% 0.2% 0.2%
2026-09-11 12:30 PM
Core Inflation Rate MoM
Aug 0.2% 0.2%


Related Last Previous Unit Reference
CPI 333.92 333.95 points Jul 2026
Core Consumer Prices 337.13 336.07 points Jul 2026
Core Inflation Rate YoY 2.50 2.60 percent Jul 2026
Core Inflation Rate MoM 0.20 0.00 percent Jul 2026
CPI Core Core YoY 2.20 2.30 percent Jul 2026
CPI Housing Utilities 359.56 359.19 points Jul 2026
CPI s.a 332.81 332.57 points Jul 2026
CPI Transportation 289.42 291.23 points Jul 2026
Export Prices 165.40 167.60 points Jul 2026
Export Prices MoM -1.30 -0.70 percent Jul 2026
Export Prices YoY 8.20 10.00 percent Jul 2026
Food Inflation 3.00 3.00 percent Jul 2026
Import Prices 149.60 150.20 points Jul 2026
Import Prices MoM -0.40 -0.30 percent Jul 2026
Import Prices YoY 5.90 7.10 percent Jul 2026
Inflation Rate YoY 3.40 3.50 percent Jul 2026
Inflation Rate MoM 0.10 -0.40 percent Jul 2026
PPI MoM 0.00 -0.10 percent Jul 2026
PPI 156.56 156.61 points Jul 2026
PPI YoY 4.70 5.50 percent Jul 2026


United States Core Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
0.20 0.00 1.40 -0.50 1957 - 2026 percent Monthly
1982-1984=100, SA

News Stream
US Core Consumer Prices Rise as Expected
Core consumer prices in the United States, which exclude food and energy, rose by 0.2% from the previous month in July of 2026, gaining traction from the hold in the previous month, and in line with market expectations. Prices rose sharply for medical care devices (0.6% vs -0.1% in June), transportation services (0.3% vs -0.3%), and used cars and trucks (0.4% vs -0.2%). Meanwhile, inflation was softer for shelter (0.1% vs 0.1%). From the previous year, core consumer prices rose by 2.5%.
2026-08-12
US Core Consumer Prices Unexpectedly Hold
Core consumer prices in the United States, which exclude food and energy, were unchanged from the previous month in June of 2026, holding the 0.2% increase in May and undershooting market expectations that they would have risen by 0.2%. I)t was the first month without increases since January 2021. Prices fell for transportation services (-0.3% vs -0.6% in May), apparel (-0.6% vs 0.3%), and medical care services (-0.1% vs 0.5%). In turn, prices inched higher for shelter (0.1% vs 0.3%). From the previous year, core consumer prices were 2.6% higher.
2026-07-14
US Core CPI Rises Less Than Expected
Core consumer prices in the United States, which exclude food and energy, rose by 0.2% from the previous month in May 2026, following a 0.4% advance in April and slightly below market expectations of a 0.3% increase. Indexes that increased over the month include communication, airline fares, medical care, personal care, and recreation, while decreases were seen in motor vehicle insurance, household furnishings, and new vehicles. On a yearly basis, core inflation rose to 2.9% in May from 2.8% in the prior month, in line with the market consensus.
2026-06-10