US energy inflation dropped to 15.7% year-over-year in June 2026 from 23.5% in May, marking its first slowdown after four months of increases. May's reading was the highest since August 2022, driven by higher fuel prices amid the Middle East conflict and disruptions in the Strait of Hormuz. Prices slowed down for gasoline (27.1% vs 40.5% in May); fuel oil (42.9% vs 58.9%) and electricity (4% vs 5.9%). Piped gas services costs increased by 3%, the same pace as in May. On a monthly basis, energy prices slipped by 5.7%, after a 3.9% rise in the month before. source: Bureau of Labor Statistics

Energy Inflation in the United States decreased to 15.70 percent in June from 23.50 percent in May of 2026. Energy Inflation in the United States averaged 4.43 Percent from 1958 until 2026, reaching an all time high of 47.13 Percent in March of 1980 and a record low of -28.09 Percent in July of 2009. This page includes a chart with historical data for the United States Energy Inflation. United States Energy Inflation - values, historical data and charts - was last updated on July of 2026.



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
Core PCE Price Index 130.08 129.67 points May 2026
Core PCE Price Index YoY 3.40 3.30 percent May 2026
Core PCE Price Index MoM 0.30 0.30 percent May 2026
Core PCE Prices QoQ 4.40 2.70 percent Mar 2026
Core Producer Prices 154.00 153.69 points Jun 2026
Core PPI MoM 0.20 0.10 percent Jun 2026
Core PPI YoY 4.70 4.60 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 Median 2.70 2.90 percent Jun 2026
CPI s.a 332.57 333.98 points Jun 2026
CPI Transportation 291.23 298.41 points Jun 2026
CPI Trimmed-Mean 2.60 2.90 percent Jun 2026
Energy Inflation 15.70 23.50 Percent Jun 2026
Export Prices 168.60 166.50 points May 2026
Export Prices MoM 1.30 3.50 percent May 2026
Export Prices YoY 11.20 8.80 percent May 2026
Food Inflation 3.00 3.10 percent Jun 2026
GDP Price Index 131.78 130.62 points Mar 2026
Import Prices 150.50 147.70 points May 2026
Import Prices MoM 1.90 2.00 percent May 2026
Import Prices YoY 6.70 4.20 percent May 2026
Consumer Inflation Expectations 3.70 3.50 percent Jun 2026
Inflation Rate YoY 3.50 4.20 percent Jun 2026
Inflation Rate MoM -0.40 0.50 percent Jun 2026
Michigan 5 Year Inflation Expectations 3.30 3.90 percent Jun 2026
Michigan Inflation Expectations 4.60 4.80 percent Jun 2026
PCE Price Index 131.53 130.94 points May 2026
PCE Price Index YoY 4.10 3.80 percent May 2026
PCE Price Index MoM 0.40 0.40 percent May 2026
PCE Prices QoQ 4.60 2.90 percent Mar 2026
PPI Ex Food Energy and Trade Services 142.49 142.30 points Jun 2026
PPI Ex Food, Energy and Trade MoM 0.10 0.80 percent Jun 2026
PPI Ex Food, Energy and Trade YoY 5.10 5.10 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
Shelter Inflation 3.30 3.40 percent Jun 2026
Services Inflation 3.20 3.50 Percent Jun 2026


United States Energy Inflation
Energy Inflation in the United States accounts for more than 9 percent of the consumer price index.
Actual Previous Highest Lowest Dates Unit Frequency
15.70 23.50 47.13 -28.09 1958 - 2026 Percent Monthly
NSA

News Stream
US Energy Inflation Slows in June
US energy inflation dropped to 15.7% year-over-year in June 2026 from 23.5% in May, marking its first slowdown after four months of increases. May's reading was the highest since August 2022, driven by higher fuel prices amid the Middle East conflict and disruptions in the Strait of Hormuz. Prices slowed down for gasoline (27.1% vs 40.5% in May); fuel oil (42.9% vs 58.9%) and electricity (4% vs 5.9%). Piped gas services costs increased by 3%, the same pace as in May. On a monthly basis, energy prices slipped by 5.7%, after a 3.9% rise in the month before.
2026-07-14
US Energy Inflation Quickens in May
US energy inflation accelerated further to 23.5% year-over-year in May 2026, up from 17.9% in April and marking the sharpest annual increase since August 2022. The rise was driven by a 40.6% jump in energy commodities amid the Middle East conflict and ongoing disruptions in the Strait of Hormuz, with gasoline prices jumping 40.5% and fuel oil prices surging 58.9%. Energy services advanced 5.3%, led by a 5.9% increase in electricity costs and a 3.0% rise in piped gas service. On a monthly basis, energy prices advanced by 3.9%, after a 3.8% surge in the preceding month.
2026-06-10
US Energy Inflation Highest Since 2022
US energy inflation soared to 17.9% year-over-year in April 2026, up from 12.5% in March and marking the steepest annual increase since September 2022. The surge was driven by the Iran war and the closure of the Strait of Hormuz. Energy commodities spiked 29.2%, with gasoline prices up 28.4% and fuel oil rising 54.3%. Energy services also climbed 5.4%, led by a 6.1% increase in electricity costs and a 3.0% rise in piped gas service. On a monthly basis, energy prices jumped 3.8% in April, following a 10.9% surge in March.
2026-05-12