US core CPI inflation
Consumer price inflation excluding food and energy.
- Latest
- 2.6%
- Previous
- 2.4%
- Change
- +0.1 pp
- Frequency
- Monthly
Calculated by Take Profits
Year-over-year % = (index this period ÷ index in the same period a year earlier − 1) × 100. The inputs are the official series listed under Sources; the result is not published by the source in this form.
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US core CPI inflation
Consumer price inflation excluding food and energy.
- Core CPI
- 2.6%
Data table
| Period | Core CPI | Source value (CPILFESL) |
|---|---|---|
| Sep 2026 | 2.6% | 338.896 |
| Aug 2026 | 2.4% | 337.765 |
| Jul 2026 | 2.5% | 336.789 |
| Jun 2026 | 2.6% | 336.065 |
| May 2026 | 2.8% | 336.121 |
| Apr 2026 | 2.7% | 335.423 |
| Mar 2026 | 2.6% | 334.165 |
| Feb 2026 | 2.5% | 333.512 |
| Jan 2026 | 2.5% | 332.793 |
| Dec 2025 | 2.6% | 331.814 |
| Nov 2025 | 2.6% | 331.043 |
| Sep 2025 | 3.0% | 330.418 |
About this indicator
- What it measures
- The CPI excluding food and energy prices, which are volatile and often swing for reasons central banks cannot influence.
- How it is calculated
- Year-over-year change calculated from the seasonally adjusted CPI less food and energy: (index this month ÷ index twelve months earlier − 1) × 100.
- How to read it
- Core inflation is a better guide to where inflation is heading than the headline rate. When core is above headline, energy and food are holding inflation down, and the reverse.
- Caveats
- Excluding food and energy does not remove every volatile price, and food and energy still matter to household budgets.
- Frequency
- Monthly
- Typical release
- Released with the CPI, usually in the second week of the following month.
Sources
- Consumer Price Index: All Items Less Food and Energy View at the source (opens in a new tab)
Recent observations
Newest first. For a calculated figure, the source value it comes from is shown beside it.
| Period | Core CPI | Source value (CPILFESL) | First recorded here |
|---|---|---|---|
| Sep 2026 | 2.6% | 338.896 | 20 Oct 2026 |
| Aug 2026 | 2.4% | 337.765 | 20 Oct 2026 |
| Jul 2026 | 2.5% | 336.789 | 20 Oct 2026 |
| Jun 2026 | 2.6% | 336.065 | 20 Oct 2026 |
| May 2026 | 2.8% | 336.121 | 20 Oct 2026 |
| Apr 2026 | 2.7% | 335.423 | 20 Oct 2026 |
| Mar 2026 | 2.6% | 334.165 | 20 Oct 2026 |
| Feb 2026 | 2.5% | 333.512 | 20 Oct 2026 |
| Jan 2026 | 2.5% | 332.793 | 20 Oct 2026 |
| Dec 2025 | 2.6% | 331.814 | 20 Oct 2026 |
| Nov 2025 | 2.6% | 331.043 | 20 Oct 2026 |
| Sep 2025 | 3.0% | 330.418 | 20 Oct 2026 |
| Aug 2025 | 3.1% | 329.7 | 20 Oct 2026 |
| Jul 2025 | 3.1% | 328.682 | 20 Oct 2026 |
| Jun 2025 | 2.9% | 327.658 | 20 Oct 2026 |
| May 2025 | 2.8% | 326.893 | 20 Oct 2026 |
| Apr 2025 | 2.8% | 326.467 | 20 Oct 2026 |
| Mar 2025 | 2.8% | 325.69 | 20 Oct 2026 |
| Feb 2025 | 3.1% | 325.465 | 20 Oct 2026 |
| Jan 2025 | 3.3% | 324.638 | 20 Oct 2026 |
| Dec 2024 | 3.2% | 323.259 | 20 Oct 2026 |
| Nov 2024 | 3.3% | 322.657 | 20 Oct 2026 |
| Oct 2024 | 3.3% | 321.731 | 20 Oct 2026 |
| Sep 2024 | 3.3% | 320.732 | 20 Oct 2026 |
Revisions
We record a revision when a value we already hold changes at the source. Tracking began on 20 Oct 2026, so revisions made before then are not shown, and figures are in the source's own units.
No revisions detected
No stored value has changed since tracking began.
Related indicators
United States · Inflation and purchasing power