US consumer prices fell 0.4% month-over-month in June 2026, reversing May’s 0.5% rise and surpassing expectations of a 0.1% drop. This was the first monthly decline since May 2020 and the largest since April 2020, primarily due to a 5.7% drop in energy prices as crude prices fell from multi-year highs. Energy prices had previously risen 3.9% in May, 3.8% in April, and 10.9% in March. Additional downward pressure came from motor vehicle insurance, communication, apparel, medical care, and used cars and trucks. Food prices, however, rose 0.2%, with both food at home and away from home increasing equally. Other rising categories included recreation, household furnishings and operations, and personal care. The core CPI, which excludes food and energy, remained unchanged, below forecasts of a 0.2% rise. source: U.S. Bureau of Labor Statistics

The Consumer Price Index in the United States decreased 0.40 percent in June of 2026 over the previous month. Inflation Rate MoM in the United States averaged 0.29 percent from 1947 until 2026, reaching an all time high of 2.00 percent in September of 1947 and a record low of -1.80 percent in November of 2008. This page provides - United States Inflation Rate MoM - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.

The Consumer Price Index in the United States decreased 0.40 percent in June of 2026 over the previous month. Inflation Rate MoM in the United States is expected to be 0.50 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 MoM is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-10 12:30 PM
Inflation Rate MoM
May 0.5% 0.6% 0.5% 0.4%
2026-07-14 12:30 PM
Inflation Rate MoM
Jun -0.4% 0.5% -0.1% 0.0%
2026-08-12 12:30 PM
Inflation Rate MoM
Jul -0.4%


Related Last Previous Unit Reference
CPI 333.95 335.12 points Jun 2026
Core Consumer Prices 336.07 336.12 points Jun 2026
Core Inflation Rate YoY 2.60 2.90 percent Jun 2026
CPI Apparel 135.92 137.51 points Jun 2026
CPI Core Core YoY 2.30 2.70 percent Jun 2026
CPI Education 315.87 315.41 points Jun 2026
CPI Food 349.73 349.03 points Jun 2026
CPI Housing Utilities 359.19 358.39 points Jun 2026
CPI Recreation 144.95 144.32 points Jun 2026
CPI s.a 332.57 333.98 points Jun 2026
CPI Transportation 291.23 298.41 points Jun 2026
Export Prices 167.80 168.80 points Jun 2026
Food Inflation 3.00 3.10 percent Jun 2026
Import Prices 150.80 150.30 points Jun 2026
Inflation Rate YoY 3.50 4.20 percent Jun 2026
Inflation Rate MoM -0.40 0.50 percent Jun 2026
PPI 156.57 157.00 points Jun 2026
PPI YoY 5.50 6.00 percent Jun 2026


United States Inflation Rate MoM
Inflation Rate MoM measures month over month change in the price of goods and services.
Actual Previous Highest Lowest Dates Unit Frequency
-0.40 0.50 2.00 -1.80 1947 - 2026 percent Monthly
SA

News Stream
US Consumer Prices Drop For First Time Since 2020
US consumer prices fell 0.4% month-over-month in June 2026, reversing May’s 0.5% rise and surpassing expectations of a 0.1% drop. This was the first monthly decline since May 2020 and the largest since April 2020, primarily due to a 5.7% drop in energy prices as crude prices fell from multi-year highs. Energy prices had previously risen 3.9% in May, 3.8% in April, and 10.9% in March. Additional downward pressure came from motor vehicle insurance, communication, apparel, medical care, and used cars and trucks. Food prices, however, rose 0.2%, with both food at home and away from home increasing equally. Other rising categories included recreation, household furnishings and operations, and personal care. The core CPI, which excludes food and energy, remained unchanged, below forecasts of a 0.2% rise.
2026-07-14
US CPI Rises 0.5% MoM in May
The CPI in the US rose 0.5% month-over-month in May 2026, slowing from a 0.6% rise in April and matching forecasts. Energy prices increased 3.9%, after rising 3.8% in April and 10.9% in March. The energy index accounted for over 60% of the monthly increase, amid the energy shock caused by the conflict with Iran. Gasoline soared 7% and fuel oil went up 3.8%. Meanwhile, prices also increased for shelter (0.3%) and food (0.2%). Other gains were seen in prices for communication (1.3%), airline fares (2.7%), medical care (0.3%), personal care (1%), and recreation (0.3%). Conversely, the indexes for motor vehicle insurance (-1.7%), household furnishings and operations (-0.6%), and new vehicles (-0.3%) decreased.
2026-06-10
US Consumer Prices Rise 0.6% in April
US consumer prices increased by 0.6% month-over-month in April 2026, matching market expectations and following a 0.9% surge in March, the largest since 2022. Energy prices jumped 3.8% in April, after a 10.9% spike the previous month, driven by the Iran war and the closure of the Strait of Hormuz. Shelter costs also rose by 0.6%, up from a 0.3% increase in March, while food prices climbed 0.5%, with food at home rising 0.7% and food away from home up 0.2%. Other indexes that increased in April included household furnishings and operations, airline fares, personal care, apparel, and education. Meanwhile, the indexes for new vehicles, communication, and medical care declined. The core rate, which excludes food and energy, rose 0.4%, the most since January 2025 and higher than the expected 0.3%.
2026-05-12