The CPI reflects spending patterns for each of two population groups: all urban consumers and urban wage earners and clerical workers. The all urban consumer group represents over 90 percent of the total U.S. population.

1 week ago - The annual inflation rate in the United States was 3.5% for the 12 months ending June, down from 4.2% previously, according to U.S. Labor Department data released July 14, 2026. The next update is scheduled for August 12 at 8:30 a.m. ET and will cover the 12 months ending July. Below is a chart and

1 week ago - The annual inflation rate in the US fell to 3.5% in June 2026, the first decline in five months, compared to 4.2% in May and below forecasts of 3.8%. Energy costs increased 15.7%, below 23.5% in May, as the ceasefire between the US and Iran alleviated inflationary pressures from the energy ...

1 week ago - US annual inflation cooled more than expected to 3.5% in June from 4.2%, new consumer price index data from the Bureau of Labor Statistics showed. After the past few months of acceleration, economists expected the inflation rate to slow down ...

We generate nowcasts for four inflation measures: (1) inflation in the price index for personal consumption expenditures, more commonly referred to as PCE inflation; (2) inflation in the PCE price index excluding food and energy, also known as core PCE inflation; (3) inflation in the consumer price index (CPI); and (4) inflation in the CPI excluding food and energy, also known as core CPI inflation. The model reports seasonally adjusted, month-over-month inflation rates in these four measures (expressed as nonannualized percent changes) and quarterly inflation rates in these four measures (expressed at seasonally adjusted annualized rates, or SAAR). The model also reports year-over-year inflation rates in these four measures (based on nonseasonally adjusted data for CPI inflation and core CPI inflation and seasonally adjusted data for PCE inflation and core PCE inflation).

1 week ago - "This reading is very much in the camp that the inflation we've had this year is transitory," said Michael Metcalfe, head of macro strategy at State Street Markets. "Yes, gas prices went up, but nothing else did, more or less." Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation.

1 week ago - Consumers learned this week that inflation “cooled” in June, thanks in part to falling gas prices. But prices still rose. In fact, the 3.5% annual inflation rate for June was higher than the inflation rate in any month of 2025.

1 week ago - Strip away food and energy prices and so-called "core" inflation for the 12 months ending in June was 2.6%, lower than in May. The data comes as the Federal Reserve's new chair, Kevin Warsh, begins the first of two-days of testimony before Congress ...

1 week ago - That's down from 4.2% in May — the first decline in the annual inflation rate since January, when it stood at 2.4%.

5 days ago - For now, though, the latest numbers are encouraging. Inflation came in below expectations at both the consumer and wholesale levels. That has taken the threat of another Federal Reserve rate hike off the table, while market rates have started meandering lower.

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September 3, 2025 - Columbia Business School research shows Fed rate cuts may cool inflation by lowering rents, reshaping the debate ahead of the September FOMC meeting.

The US core inflation rate, excluding volatile food and fuel costs, fell to 2.6% in June 2026 from a seven-month high of 2.9% in May and below the expected 2.8%. The slowdown was driven by a modest easing in shelter costs (3.3% vs 3.4% in May) and softer price increases for other categories ...

December 22, 2025 - At this point, the Fed raises rates to cool inflation and slow down the economy, which leads to contraction. In the contraction phase of the business cycle, prices fall, growth slows, and employment declines.

June 11, 2026 - Donald Trump said “I love the inflation” after new data showed that inflation jumped to an annual rate of 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high.

2 weeks ago - The Federal Reserve's rate-setting committee agreed to keep its key rate unchanged at its meeting last month, though most officials were split over whether inflation is likely to stay elevated or whether it will cool once the Iran war winds down, according to minutes released Wednesday.

U.S. Inflation since 1913 · Annual Rate, U.S. Bureau of Labor Statistics CPIDownload · The years with the largest changes in pricing were 1917 (17.84%) , 1918 (17.28%) , and 1920 (15.63%) . This table shows the inflation rate on a monthly basis.

1 week ago - The 12-month rate of inflation as of June 2026 is 3.5%, according to the Bureau of Labor Statistics. Energy inflation spiked to 15.7% as the status of the Strait of Hormuz remains uncertain.