The annual inflation rate in the US slowed to 2.4% in January 2026, its lowest level since May, down from 2.7% in each of the previous two months and below forecasts of 2.5%. The deceleration largely reflects base effects, as higher readings from a year ago drop out of the annual calculation. Price pressures eased notably in the energy sector, with prices falling 0.1%, after a 2.3% rise in December, led by gasoline (-7.5% vs -3.4%) and fuel oil (-4.2% vs 7.4%). Prices of natural also rose at a slightly slower pace (9.8% vs 10.8%). A decline was also seen in prices for used cars and trucks (-2% vs 1.6%) while inflation slowed for food (3.1% vs 2.9%) and shelter (3% vs 3.2%). On a monthly basis, the CPI rose by 0.2%, below 0.3% in December and forecasts of 0.3%. Annual core inflation eased to 2.5%, its lowest reading since March 2021, compared with 2.6% in the prior month and in line with expectations. On a monthly basis, core CPI increased by 0.3%, slightly above 0.2% in December. source: U.S. Bureau of Labor Statistics

Inflation Rate in the United States decreased to 2.40 percent in January from 2.70 percent in December of 2025. 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 February of 2026.

Inflation Rate in the United States decreased to 2.40 percent in January from 2.70 percent in December of 2025. Inflation Rate in the United States is expected to be 2.60 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 2.20 percent in 2027 and 2.10 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-13 01:30 PM
Inflation Rate YoY
Dec 2.7% 2.7% 2.7% 2.6%
2026-02-13 01:30 PM
Inflation Rate YoY
Jan 2.4% 2.7% 2.5% 2.4%
2026-03-11 12:30 PM
Inflation Rate YoY
Feb 2.4%

Components Last Previous Unit Reference
Core Inflation Rate YoY 2.50 2.60 percent Jan 2026
Energy Inflation -0.10 2.30 Percent Jan 2026
Food Inflation 2.90 3.10 percent Jan 2026
Rent Inflation 3.00 3.20 percent Jan 2026
Services Inflation 3.20 3.30 Percent Jan 2026

Related Last Previous Unit Reference
CPI 325.25 324.05 points Jan 2026
Core Consumer Prices 332.79 331.81 points Jan 2026
CPI Apparel 130.69 128.12 points Jan 2026
CPI Education 314.65 314.41 points Jan 2026
CPI Food 345.17 343.80 points Jan 2026
CPI Housing Utilities 352.54 351.07 points Jan 2026
CPI Median 3.10 3.10 percent Dec 2025
CPI Recreation 143.63 142.51 points Jan 2026
CPI s.a 326.59 326.03 points Jan 2026
CPI Transportation 267.52 268.63 points Jan 2026
CPI Trimmed-Mean 3.00 2.90 percent Dec 2025
Export Prices 154.10 153.60 points Dec 2025
Import Prices 141.40 141.20 points Dec 2025
Consumer Inflation Expectations 3.10 3.40 percent Jan 2026
3-Year Consumer Inflation Expectations 3.00 3.00 percent Jan 2026
5-Year Consumer Inflation Expectations 3.00 3.00 percent Jan 2026
Inflation Rate YoY 2.40 2.70 percent Jan 2026
Inflation Rate MoM 0.20 0.30 percent Jan 2026
PCE Price Index 128.09 127.83 points Nov 2025
PPI YoY 3.00 3.00 percent Dec 2025


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
2.40 2.70 23.70 -15.80 1914 - 2026 percent Monthly
NSA

News Stream
US Inflation Rate Below Forecasts
The annual inflation rate in the US slowed to 2.4% in January 2026, its lowest level since May, down from 2.7% in each of the previous two months and below forecasts of 2.5%. The deceleration largely reflects base effects, as higher readings from a year ago drop out of the annual calculation. Price pressures eased notably in the energy sector, with prices falling 0.1%, after a 2.3% rise in December, led by gasoline (-7.5% vs -3.4%) and fuel oil (-4.2% vs 7.4%). Prices of natural also rose at a slightly slower pace (9.8% vs 10.8%). A decline was also seen in prices for used cars and trucks (-2% vs 1.6%) while inflation slowed for food (3.1% vs 2.9%) and shelter (3% vs 3.2%). On a monthly basis, the CPI rose by 0.2%, below 0.3% in December and forecasts of 0.3%. Annual core inflation eased to 2.5%, its lowest reading since March 2021, compared with 2.6% in the prior month and in line with expectations. On a monthly basis, core CPI increased by 0.3%, slightly above 0.2% in December.
2026-02-13
US Inflation Rate Seen Little Changed in January
The annual inflation rate in the US likely slowed to 2.5% in January 2026, marking its lowest level since May, down from 2.7% in each of the previous two months. The deceleration largely reflects base effects, as higher readings from a year ago drop out of the annual calculation. On a monthly basis, the CPI is estimated to have risen by 0.3%, matching December’s increase. Food and electricity prices are expected to have moved higher, while gasoline prices likely declined. There are also indications that core goods prices may have firmed, as companies potentially used the start of the new calendar year to implement tariff-related price adjustments. Meanwhile, annual core inflation is projected to ease to 2.5%, its lowest reading since March 2021, compared with 2.6% in the prior month. On a monthly basis, core CPI is expected to have increased by 0.3%, slightly above December’s 0.2% rise.
2026-02-13
US Inflation Rate Stable at 2.7%, Core Below Forecasts
The annual inflation rate in the US remained at 2.7% in December 2025, the same as in November and in line with market expectations. Price pressures eased notably in the energy sector, with prices rising at a much slower pace (2.3% vs. 4.2%), driven by a decline in gasoline prices (-3.4% vs. +0.9%) and a moderation in fuel oil inflation (7.4% vs. 11.3%), while natural gas prices rose more sharply (10.8% vs. 9.1%). Prices also increased at a slower rate for used cars and trucks (1.6% vs. 3.6%). By contrast, price gains accelerated for food (3.1% vs. 2.6%) and shelter (3.2% vs. 3.0%). Meanwhile, the annual core inflation rate remained unchanged at 2.6%, the lowest level since 2021, below expectations for a rise to 2.7%. On a monthly basis, the CPI edged up 0.3%, in line with forecasts, with shelter costs rising 0.4% and accounting for the largest contribution to the overall increase. The core rate came in at 0.2%, below forecasts of 0.3%.
2026-01-13