SPY778.01−0.07%QQQ745.86−0.72%BTC/USD82,864.70−0.97%DIA517.91+0.35%GLD382.37−0.57%TLT78.00+0.03%
Benzinga

Consumer Price Index (CPI)

United States Inflation Data · Source: BLS via Benzinga Economic Calendar

CPI YoY
3.4%
0.00% vs est
Core YoY
2.4%
0.00% vs est
CPI MoM
0.4%
0.00% vs est
Core MoM
0.3%
+0.10% vs est
Next Release
Oct 14, 2026
Sep 2026

Latest Release Details

Aug 2026 · Released Sep 11, 2026

SeriesActualForecastPriorSurprise
CPI (YoY)3.4%3.4%3.4%0.00%
Core CPI (YoY)2.4%2.4%2.5%0.00%
CPI (MoM)0.4%0.4%0.1%0.00%
Core CPI (MoM)0.3%0.2%0.2%+0.10%
Source: U.S. Bureau of Labor Statistics · Data delivered via Benzinga APIs

CPI vs Core CPI — Year-over-Year Change

What is the Consumer Price Index (CPI)?

The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. It is one of the most closely watched economic indicators and the most widely used measure of inflation.

Published monthly by the U.S. Bureau of Labor Statistics (BLS), the CPI measures price changes for items including food, housing, apparel, transportation, medical care, recreation, education, and communication.

Key Measures:

  • Headline CPI (YoY): Year-over-year change — the broadest inflation gauge, includes food and energy
  • Core CPI (YoY): Excludes food and energy — the Fed's preferred measure for underlying inflation trends
  • CPI (MoM): Month-over-month change — indicates the current pace of price movement
  • Core CPI (MoM): Month-over-month core change — closely watched for early trend signals

Why It Matters:

  • The Federal Reserve monitors CPI alongside PCE to guide interest rate decisions
  • Social Security benefits and tax brackets are adjusted based on CPI
  • Financial markets react significantly to CPI surprises — especially Core CPI
  • Businesses use CPI for wage negotiations and pricing decisions

Historical CPI Data

See full economic calendar →
PeriodCPI YoYCore YoYCPI MoMCore MoMTrend
Aug 20263.4%2.4%0.4%0.3%Unchanged from prior
Jul 20263.4%2.5%0.1%0.2%Falling from prior
Jun 20263.5%2.6%-0.4%0%Falling from prior
May 20264.2%2.9%0.5%0.2%Rising from prior
Apr 20263.8%2.8%0.6%0.4%Rising from prior
Mar 20263.3%2.6%0.9%0.2%Rising from prior
Feb 20262.4%2.5%0.3%0.2%Unchanged from prior
Jan 20262.4%2.5%0.2%0.3%Falling from prior
Dec 20252.7%2.6%0.3%0.2%Unchanged from prior
Nov 20252.7%2.6%0.2%N/AFalling from prior
Sep 20253%3%0.3%0.2%Rising from prior
Aug 20252.9%3.1%0.4%0.3%Rising from prior
Jul 20252.7%3.1%0.2%0.3%Unchanged from prior
Jun 20252.7%2.9%0.3%0.2%Rising from prior
May 20252.4%2.8%0.1%0.1%Rising from prior
Apr 20252.3%2.8%0.2%0.2%Falling from prior
Mar 20252.4%2.8%-0.1%0.1%Falling from prior
Feb 20252.8%3.1%0.2%0.2%Falling from prior
Jan 20253%3.3%0.5%0.4%Rising from prior
Dec 20242.9%3.2%0.4%0.2%Rising from prior
Nov 20242.7%3.3%0.3%0.3%Rising from prior
Oct 20242.6%3.3%0.2%0.3%Rising from prior
Sep 20242.4%3.3%0.2%0.3%Falling from prior
Aug 20242.5%3.2%0.2%0.3%Falling from prior
Connect With Us
instagramlinkedinyoutubeblueskymastodon
About Benzinga
Market Resources
Trading Tools & Education
Ring the Bell
© 2026 Benzinga | All Rights Reserved