Core CPI, past 12 months

CPI without food and energy, which swing with weather, harvests and oil markets. Core shows the underlying trend and is the version the Fed watches more closely.

2.6%

Sep 2026

+0.1 ppvs Aug−0.5 ppvs a year agoNo new data since last update

Latest month 0.3% · ≈ 4.1% yearly pace

Over time

Gray is the past-12-months rate, the headline number. Blue is the last three months compounded to a yearly pace: when it's above the gray line, inflation is speeding up; below it, it's cooling.

3-month pace (annualized)Past 12 months

Source: U.S. Bureau of Labor Statistics