The US CPI is forecast to rise by 0.3% month-over-month in October 2026, half the 0.6% increase recorded in September, which marked the largest monthly gain since April. Gasoline prices are expected to edge 0.9% lower. Core CPI is also projected to moderate, easing to 0.2% from 0.3%, suggesting that underlying price pressures remain relatively contained. However, the October inflation report will come with an important caveat. The BLS will not publish 12-month percentage changes for October 2026 for indexes for which October 2025 data are unavailable. This is because the October 2025 CPI data were not collected and published amid the federal government shutdown. Consequently, annual inflation rates for both headline and core CPI will probably not be available. Meanwhile, the Cleveland Federal Reserve's Inflation Nowcasting model was pointing to annual headline and core inflation rates of 3.7% and 2.5%, respectively. source: U.S. Bureau of Labor Statistics

Inflation Rate in the United States increased to 3.70 percent in September from 3.40 percent in August of 2026. Inflation Rate in the United States averaged 3.29 percent from 1914 until 2026, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

Inflation Rate in the United States increased to 3.70 percent in September from 3.40 percent in August of 2026. Inflation Rate in the United States is expected to be 3.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Inflation Rate is projected to trend around 2.60 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-11 12:30 PM
Inflation Rate YoY
Aug 3.4% 3.4% 3.4% 3.4%
2026-10-14 12:30 PM
Inflation Rate YoY
Sep 3.7% 3.4% 3.6% 3.6%
2026-11-10 01:30 PM
Inflation Rate YoY
Oct 3.7% 3.9% 3.8%



Components Last Previous Unit Reference
Core Inflation Rate YoY 2.60 2.40 percent Sep 2026
Energy Inflation 20.40 16.30 Percent Sep 2026
Food Inflation 2.50 2.70 percent Sep 2026
Shelter Inflation 3.20 3.00 percent Sep 2026
Services Inflation 3.20 3.10 Percent Sep 2026

Related Last Previous Unit Reference
CPI 336.94 334.98 points Sep 2026
Core Consumer Prices 338.90 337.77 points Sep 2026
CPI Apparel 140.04 136.75 points Sep 2026
CPI Education 326.05 322.16 points Sep 2026
CPI Food 350.91 350.42 points Sep 2026
CPI Housing Utilities 361.39 360.23 points Sep 2026
CPI Median 2.60 2.60 percent Sep 2026
CPI Recreation 145.85 145.19 points Sep 2026
CPI s.a 336.30 334.13 points Sep 2026
CPI Transportation 295.86 290.78 points Sep 2026
CPI Trimmed-Mean 2.70 2.60 percent Sep 2026
Export Prices 170.80 167.20 points Sep 2026
Import Prices 152.20 150.50 points Sep 2026
Consumer Inflation Expectations 3.90 3.90 percent Oct 2026
3-Year Consumer Inflation Expectations 3.30 3.30 percent Oct 2026
5-Year Consumer Inflation Expectations 3.00 3.00 percent Oct 2026
Inflation Rate YoY 3.70 3.40 percent Sep 2026
Inflation Rate MoM 0.60 0.40 percent Sep 2026
PCE Price Index 132.26 131.61 points Sep 2026
PPI YoY 6.30 5.60 percent Sep 2026


United States Inflation Rate
In the United States, unadjusted Consumer Price Index for All Urban Consumers is based on the prices of a market basket of: Food (14% of total weight); Energy (8%); Commodities Less Food & Energy Commodities (21%) and Services Less Energy Services (57%). The last category is divided by: Shelter (32%), Medical Care Services (7%) and Transportation Services (6%).
Actual Previous Highest Lowest Dates Unit Frequency
3.70 3.40 23.70 -15.80 1914 - 2026 percent Monthly
NSA

News Stream
US Inflation Rate Tops Forecasts
The US annual inflation rate accelerated to 3.7% in September 2026, up from 3.4% in each of the previous two months and above market expectations of 3.6%, driven by higher energy prices. Gasoline rose 34.2% yoy, more than 27.4% in August and fuel oil prices increased 74.2%, compared with 52% previously. Inflation also accelerated for shelter, to 3.2% from 3%, but slowed for food to 2.5% from 2.7%. On a monthly basis, the CPI went up 0.6%, marking its largest gain in five months, compared to 0.4% in August and in line with forecasts. Gasoline jumped 9.1%, accounting for over half of the monthly all items increase. Recreation, used cars and trucks, education, airline fares, medical care, and apparel also went up while food prices steadied and communication declined. Meanwhile, annual core inflation rate went up to 2.6% from 2.4%, more than forecasts of 2.5% while monthly core CPI inflation steadied at 0.3%, the same as in August and defying forecasts it would slow to 0.2%.
2026-10-14
US Inflation Set to Accelerate on Rising Energy Prices
The US annual inflation rate is expected to accelerate to 3.6% in September 2026, up from 3.4% in each of the previous two months, driven primarily by rising energy prices. On a monthly basis, the CPI is forecast to increase by 0.6%, marking its largest gain in five months, as gasoline prices are expected to rise by more than 7%, while food prices are also projected to edge higher. Meanwhile, annual core inflation is expected to tick up to 2.5% from 2.4%, while monthly core CPI inflation is forecast to moderate to 0.2% from 0.3%, suggesting that underlying price pressures remain relatively contained. Airline fares likely continued to rise amid higher jet fuel costs, while rents are expected to post moderate increases. Goods prices likely edged up only marginally as the impact of tariffs gradually waned.
2026-10-14
US CPI Report Comes Broadly in Line with Forecasts
The annual inflation rate in the US steadied at 3.4% in August 2026, the same as in July and in line with forecasts. Gasoline prices rose 27.4% yoy, slightly more than 24.6% in July and fuel oil prices increased 52%, compared with 39.1% previously. On the other hand, inflation eased for shelter, to 3% from 3.2%, and for food to 2.7% from 3%. On a monthly basis, the CPI rose 0.4%, the most in three months, also matching forecasts. Gasoline rose 3.9% in August, accounting for over one third of the monthly increase while natural gas (-1.1%) and electricity (-0.2%) fell. Food edged up 0.1% while shelter rose 0.3%. Other increases were also seen for communication (2.3%), airline fares (2.7%), education (0.8%) and used cars and trucks (0.4%). Meanwhile, core CPI rose 0.3% on the month, above 0.2% in July and forecasts of 0.2%. The annual rate however, slowed to 2.4%, the lowest reading since March 2021, from 2.5%, in line with expectations.
2026-09-11