The annual change in US CPI for October 2026 was not published alongside the November 10 release, following an earlier announcement by the Bureau of Labor Statistics (BLS) that it would not report 12-month percentage changes for indexes lacking October 2025 data. The federal government shutdown, prevented the collection and publication of CPI data for October 2025. Before the release, market analysts had expected annual headline and core inflation to accelerate to 3.9% and 2.8%, respectively, from 3.7% and 2.6% in September. By comparison, the Cleveland Federal Reserve’s Inflation Nowcasting model had projected annual rates of 3.7% for headline CPI and 2.5% for core CPI. On a seasonally adjusted monthly basis, headline inflation eased to 0.4% in October, from 0.6% in September, although it remained above market expectations of 0.3%. Meanwhile, core CPI inflation was unexpectedly unchanged at 0.3%, also above forecasts of 0.2%. 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%
2026-12-10 01:30 PM
Inflation Rate YoY
Nov



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 337.51 336.94 points Oct 2026
Core Consumer Prices 339.90 338.90 points Oct 2026
CPI Apparel 138.44 140.04 points Oct 2026
CPI Education 326.62 326.05 points Oct 2026
CPI Food 352.36 350.91 points Oct 2026
CPI Housing Utilities 361.84 361.39 points Oct 2026
CPI Median 2.80 2.60 percent Oct 2026
CPI Recreation 146.86 145.85 points Oct 2026
CPI s.a 337.48 336.30 points Oct 2026
CPI Transportation 296.19 295.86 points Oct 2026
CPI Trimmed-Mean 2.90 2.70 percent Oct 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 0.40 0.60 percent Oct 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 CPI Annual Figures Missing
The annual change in US CPI for October 2026 was not published alongside the November 10 release, following an earlier announcement by the Bureau of Labor Statistics (BLS) that it would not report 12-month percentage changes for indexes lacking October 2025 data. This follows the federal government shutdown, which prevented the collection and publication of CPI data for that month. Before the release, market analysts had expected annual headline and core inflation to accelerate to 3.9% and 2.8%, respectively, from 3.7% and 2.6% in September. By comparison, the Cleveland Federal Reserve’s Inflation Nowcasting model had projected annual rates of 3.7% for headline CPI and 2.5% for core CPI. On a seasonally adjusted monthly basis, headline inflation eased to 0.4% in October, from 0.6% in September, although it remained above market expectations of 0.3%. Meanwhile, core CPI inflation was unexpectedly unchanged at 0.3%, also above forecasts of 0.2%.
2026-11-10
US Inflation Rate Seen Slowing in October
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.
2026-11-10
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