The US annual inflation rate is expected to accelerate to 3.6% in September 2026, up from 3.4% in each of the previous two months, driven primarily by rising energy prices. On a monthly basis, the CPI is forecast to increase by 0.6%, marking its largest gain in five months, as gasoline prices are expected to rise by more than 7%, while food prices are also projected to edge higher. Meanwhile, annual core inflation is expected to tick up to 2.5% from 2.4%, while monthly core CPI inflation is forecast to moderate to 0.2% from 0.3%, suggesting that underlying price pressures remain relatively contained. Airline fares likely continued to rise amid higher jet fuel costs, while rents are expected to post moderate increases. Goods prices likely edged up only marginally as the impact of tariffs gradually waned. source: U.S. Bureau of Labor Statistics

Inflation Rate in the United States remained unchanged at 3.40 percent in August. 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 October of 2026.

Inflation Rate in the United States remained unchanged at 3.40 percent in August. 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
2026-08-12 12:30 PM
Inflation Rate YoY
Jul 3.4% 3.5% 3.4% 3.4%
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 3.4% 3.6% 3.6%



Components Last Previous Unit Reference
Core Inflation Rate YoY 2.40 2.50 percent Aug 2026
Energy Inflation 16.30 14.70 Percent Aug 2026
Food Inflation 2.70 3.00 percent Aug 2026
Shelter Inflation 3.00 3.20 percent Aug 2026
Services Inflation 3.10 3.10 Percent Aug 2026

Related Last Previous Unit Reference
CPI 334.98 333.92 points Aug 2026
Core Consumer Prices 337.77 336.79 points Aug 2026
CPI Apparel 136.75 134.18 points Aug 2026
CPI Education 322.16 317.82 points Aug 2026
CPI Food 350.42 350.16 points Aug 2026
CPI Housing Utilities 360.23 359.56 points Aug 2026
CPI Median 2.60 2.70 percent Aug 2026
CPI Recreation 145.19 145.24 points Aug 2026
CPI s.a 334.13 332.81 points Aug 2026
CPI Transportation 290.78 289.42 points Aug 2026
CPI Trimmed-Mean 2.60 2.60 percent Aug 2026
Export Prices 166.20 165.20 points Aug 2026
Import Prices 150.80 149.80 points Aug 2026
Consumer Inflation Expectations 3.90 3.60 percent Sep 2026
3-Year Consumer Inflation Expectations 3.30 3.20 percent Sep 2026
5-Year Consumer Inflation Expectations 3.00 3.00 percent Sep 2026
Inflation Rate YoY 3.40 3.40 percent Aug 2026
Inflation Rate MoM 0.40 0.10 percent Aug 2026
PCE Price Index 131.58 131.17 points Aug 2026
PPI YoY 5.40 4.80 percent Aug 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
3.40 3.40 23.70 -15.80 1914 - 2026 percent Monthly
NSA

News Stream
US Inflation Set to Accelerate on Rising Energy Prices
The US annual inflation rate is expected to accelerate to 3.6% in September 2026, up from 3.4% in each of the previous two months, driven primarily by rising energy prices. On a monthly basis, the CPI is forecast to increase by 0.6%, marking its largest gain in five months, as gasoline prices are expected to rise by more than 7%, while food prices are also projected to edge higher. Meanwhile, annual core inflation is expected to tick up to 2.5% from 2.4%, while monthly core CPI inflation is forecast to moderate to 0.2% from 0.3%, suggesting that underlying price pressures remain relatively contained. Airline fares likely continued to rise amid higher jet fuel costs, while rents are expected to post moderate increases. Goods prices likely edged up only marginally as the impact of tariffs gradually waned.
2026-10-14
US CPI Report Comes Broadly in Line with Forecasts
The annual inflation rate in the US steadied at 3.4% in August 2026, the same as in July and in line with forecasts. Gasoline prices rose 27.4% yoy, slightly more than 24.6% in July and fuel oil prices increased 52%, compared with 39.1% previously. On the other hand, inflation eased for shelter, to 3% from 3.2%, and for food to 2.7% from 3%. On a monthly basis, the CPI rose 0.4%, the most in three months, also matching forecasts. Gasoline rose 3.9% in August, accounting for over one third of the monthly increase while natural gas (-1.1%) and electricity (-0.2%) fell. Food edged up 0.1% while shelter rose 0.3%. Other increases were also seen for communication (2.3%), airline fares (2.7%), education (0.8%) and used cars and trucks (0.4%). Meanwhile, core CPI rose 0.3% on the month, above 0.2% in July and forecasts of 0.2%. The annual rate however, slowed to 2.4%, the lowest reading since March 2021, from 2.5%, in line with expectations.
2026-09-11
US Inflation Rate Seen Holding Steady at 3.4%
The annual US inflation rate is expected to have held steady at 3.4% in August 2026, matching the July reading. On a monthly basis, CPI is forecast to rise 0.4%, the strongest increase in three months, following a 0.1% gain in July. Gasoline prices are expected to have climbed nearly 3%, while grocery prices are also projected to rebound. Airfares are likely to remain elevated amid higher fuel costs, while housing costs are expected to continue showing signs of softness. Meanwhile, core CPI, which excludes food and energy, is expected to rise 0.2% mom, matching July’s increase, and 2.4% yoy, which would mark the lowest reading since March 2021, down from 2.5% in July. Overall, inflation is expected to remain well above the Fed’s 2% target.
2026-09-11