CycleWatch

Prices

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

Services less energy services (core services)

Prices for services less energy services (core services) rose 3.0% in the 12 months to August 2026, and rose 0.3% in the month.

12 months+3.0%to August 2026, unadjusted
1 month+0.3%seasonally adjusted
3 months, annualised+2.4%seasonally adjusted
Index447.01982–84 = 100

12-month change

% change from a year earlier

0%2%5%8%2017201820192020202120222023202420252026

Price index

1982–84 = 100, not seasonally adjusted

3504004502017201820192020202120222023202420252026

Month by month

The last two years

MonthIndex1 month12 months
August 2026447.0+0.3%+3.0%
July 2026445.8+0.2%+3.0%
June 2026445.4+0.0%+3.2%
May 2026445.6+0.3%+3.4%
April 2026443.8+0.5%+3.3%
March 2026441.4+0.2%+3.0%
February 2026439.8+0.3%+2.9%
January 2026438.2+0.4%+2.9%
December 2025436.0+0.3%+3.0%
November 2025435.3—+3.0%
September 2025434.9+0.2%+3.5%
August 2025433.9+0.3%+3.6%
July 2025432.8+0.4%+3.6%
June 2025431.8+0.3%+3.6%
May 2025430.8+0.2%+3.6%
April 2025429.7+0.3%+3.6%
March 2025428.4+0.1%+3.7%
February 2025427.3+0.3%+4.1%
January 2025425.6+0.5%+4.3%
December 2024423.2+0.2%+4.4%
November 2024422.6+0.3%+4.6%
October 2024421.7+0.4%+4.8%
September 2024420.3+0.4%+4.7%
August 2024418.9+0.4%+4.9%
July 2024417.6+0.3%+4.9%

Source: U.S. Bureau of Labor Statistics, CPI for All Urban Consumers, U.S. city average (series CUUR0000SASLE and CUSR0000SASLE). 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.