US CPI Inflation
Latest reading: 3.4 % y-o-y for August 2026 (0.0 pp MoM (unchanged)).
US CPI Inflation
Year-on-year change in US consumer prices (CPI-U). The key input into Federal Reserve rate decisions and global rate expectations.
What it means
Year-on-year change in US consumer prices (CPI-U). The key input into Federal Reserve rate decisions and global rate expectations.
Headline +0.4% MoM SA (July +0.1%). Core CPI 2.4% YoY (from 2.5%), +0.3% MoM. September CPI scheduled 14 Oct 2026, 8:30 AM ET.
Release details
- Category
- GLOBAL
- Frequency
- MONTHLY
- Previous
- 3.4
- Benchmark
- Fed inflation target: 2% (PCE)
- Released
- 2026-09-11
- Next release
- 2026-10-14
- Source
- US Bureau of Labor Statistics — CPI News Release
Key questions about US CPI Inflation
What is the current US CPI Inflation?
US CPI Inflation stands at 3.4 % y-o-y for August 2026, against 3.4 % y-o-y previously (0.0 pp MoM (unchanged)). Year-on-year change in US consumer prices (CPI-U). The key input into Federal Reserve rate decisions and global rate expectations.
Who publishes the US CPI Inflation data?
US CPI Inflation is published by US Bureau of Labor Statistics — CPI News Release on a monthly basis. Release window: Mid-month (~6:00 PM IST). The next update is expected on 2026-10-14.
What is a healthy level for US CPI Inflation?
The reference benchmark used on MacroNest is: Fed inflation target: 2% (PCE). The latest reading of 3.4 % y-o-y is currently assessed as "Sticky, energy-driven".
Why does US CPI Inflation matter?
Global benchmarks set the external backdrop for Indian policy, capital flows and the rupee. Year-on-year change in US consumer prices (CPI-U). The key input into Federal Reserve rate decisions and global rate expectations.