Core CPI inflation

Change from a year earlier

Sep 2026

2.6%

Previous (Aug 2026): 2.5%
A year ago: 3.0%

Next release Tue, Nov 10, 8:30 AM ET

Last 5 years2.5% ~ 6.6%

Nov 2021Sep 2026

What it is

CPI excluding food and energy, the most volatile categories.

Why it matters

It shows the underlying trend in prices without swings in gas and grocery prices.

Recent readings

Sep 20262.6%
Aug 20262.5%
Jul 20262.5%
Jun 20262.6%
May 20262.8%
Apr 20262.7%
Mar 20262.6%
Feb 20262.5%
Jan 20262.5%
Dec 20252.6%
Nov 20252.6%
Sep 20253.0%

CPI inflation 3.7%PCE inflation 3.4%Core PCE inflation 3.0%PPI (final demand) 6.3%

Source: BLS · Figures are official statistics as published on FRED (St. Louis Fed) and the Bank of Korea's ECOS; year-over-year and month-over-month changes are calculated from them. Data can be revised.