CycleWatch

Prices

CPI-U · U.S. city average · BLS item SA0L1E

All items less food and energy (core)

Prices for all items less food and energy (core) rose 2.4% in the 12 months to August 2026, and rose 0.3% in the month.

12 months+2.4%to August 2026, unadjusted
1 month+0.3%seasonally adjusted
3 months, annualised+2.0%seasonally adjusted
Index338.01982–84 = 100

12-month change

% change from a year earlier

0%2%4%6%2017201820192020202120222023202420252026

Price index

1982–84 = 100, not seasonally adjusted

2502753003252017201820192020202120222023202420252026

Month by month

The last two years

MonthIndex1 month12 months
August 2026338.0+0.3%+2.4%
July 2026337.1+0.2%+2.5%
June 2026336.9−0.0%+2.6%
May 2026336.8+0.2%+2.9%
April 2026335.8+0.4%+2.8%
March 2026334.4+0.2%+2.6%
February 2026333.2+0.2%+2.5%
January 2026331.9+0.3%+2.5%
December 2025330.5+0.2%+2.6%
November 2025330.4—+2.6%
September 2025330.8+0.2%+3.0%
August 2025330.0+0.3%+3.1%
July 2025329.0+0.3%+3.1%
June 2025328.4+0.2%+2.9%
May 2025327.5+0.1%+2.8%
April 2025326.8+0.2%+2.8%
March 2025325.9+0.1%+2.8%
February 2025325.3+0.3%+3.1%
January 2025323.8+0.4%+3.3%
December 2024322.0+0.2%+3.2%
November 2024321.9+0.3%+3.3%
October 2024321.8+0.3%+3.3%
September 2024321.1+0.3%+3.3%
August 2024320.0+0.3%+3.2%
July 2024319.2+0.2%+3.2%

Source: U.S. Bureau of Labor Statistics, CPI for All Urban Consumers, U.S. city average (series CUUR0000SA0L1E and CUSR0000SA0L1E). BLS did not collect October 2025 prices, so changes spanning that month are blank. Shown for context: consumer prices do not feed CycleWatch's recession model.