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Vol. I, No. 6 Afternoon Edition

The Fed Gazette

A civic journal of money and credit

Live Federal Reserve rates, FOMC decisions, speeches, and Treasury data, with every figure copied from the agency that published it.

Prices and inflation

CPI Inflation: Consumer Price Index Chart and Data

The Consumer Price Index for all urban consumers, all items, was 334.131 for August 2026, according to the U.S. Bureau of Labor Statistics, via GOVSPENDING.ORG.

Source: U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG, CPIAUCSL, Consumer Price Index for All Urban Consumers, all items, monthly; U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG, CPILFESL, Consumer Price Index for All Urban Consumers, all items less food and energy, monthly · Published · Updated

The Consumer Price Index for all items and for core prices, with a chart back to the 1940s, what changed since last month, and a plain explanation. The figures are index levels copied as published. This paper does not compute an inflation rate.

  • All items 334.131 August 2026 Higher than the previous print
  • Excluding food and energy (core) 337.765 August 2026 Higher than the previous print

CPI Inflation chart

Consumer Price Index over time

Monthly index levels for all items and for all items less food and energy, as published. Each point is a stored monthly print.

320325330335340Oct 25Jan 26Apr 26Jul 26320325330335340Oct 25Jan 26Apr 26Jul 26
2602803003203402022202320242025202626028030032034020222023202420252026
2402602803003203402018202020222024202624026028030032034020182020202220242026
010020030040019501955196019651970197519801985199019952000200520102015202020250100200300400195019651980199520102025
  • All items 334.131 Aug 1, 2026
  • Excluding food and energy (core) 337.765 Aug 1, 2026

Source: U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG, CPIAUCSL, Consumer Price Index for All Urban Consumers, all items, monthly · as of · retrieved

Data
Consumer Price Index over time, the last print of each calendar quarter (a sample of the plotted lines)
PeriodAll itemsExcluding food and energy (core)
March 194722
June 194722.08
September 194722.84
December 194723.41
March 194823.5
June 194824.15
September 194824.36
December 194824.05
March 194923.91
June 194923.92
September 194923.75
December 194923.61
March 195023.64
June 195023.88
September 195024.34
December 195024.98
March 195125.88
June 195125.93
September 195126.03
December 195126.47
March 195226.39
June 195226.53
September 195226.63
December 195226.71
March 195326.63
June 195326.77
September 195326.89
December 195326.87
March 195426.93
June 195426.94
September 195426.81
December 195426.77
March 195526.79
June 195526.71
September 195526.85
December 195526.87
March 195626.89
June 195627.15
September 195627.35
December 195627.63
March 195727.8628.7
June 195728.1128.9
September 195728.3229.1
December 195728.4729.3
March 195828.8729.5
June 195828.9129.6
September 195828.9129.7
December 195828.9729.9
March 195928.9730
June 195929.1130.2
September 195929.2530.3
December 195929.4130.5
March 196029.4130.6
June 196029.6130.7
September 196029.6130.6
December 196029.8130.7
March 196129.8430.9
June 196129.8431
September 196129.9831.1
December 196130.0131.2
March 196230.1731.3
June 196230.2131.4
September 196230.4231.5
December 196230.3831.6
March 196330.5131.7
June 196330.6131.8
September 196330.7231.9
December 196330.8832.1
March 196430.9432.2
June 196431.0132.3
September 196431.0832.3
December 196431.2532.5
March 196531.3132.6
June 196531.6132.7
September 196531.6232.8
December 196531.8533
March 196632.1833.1
June 196632.3833.5
September 196632.7533.8
December 196632.9234.1
March 19673334.3
June 196733.334.6
September 196733.635
December 19673435.4
March 196834.335.8
June 196834.736.2
September 196835.136.7
December 196835.637.2
March 196936.137.8
June 196936.638.3
September 196937.138.9
December 196937.739.4
March 197038.340.1
June 197038.840.8
September 197039.241.3
December 197039.842
March 19714042.2
June 197140.542.8
September 197140.843
December 197141.143.3
March 197241.443.6
June 197241.744
September 197242.144.3
December 197242.544.6
March 197343.445
June 197344.245.4
September 197345.246
December 197346.346.7
March 197447.847.6
June 19744949
September 197450.650.7
December 197451.952
March 197552.853
June 197553.553.8
September 197554.654.5
December 197555.655.5
March 19765656.5
June 197656.757.2
September 197657.658.2
December 197658.458.9
March 197759.660
June 197760.561
September 197761.361.8
December 197762.362.7
March 197863.463.8
June 19786565.2
September 197866.566.7
December 197867.968
March 197969.969.8
June 197972.271.3
September 197974.473.3
December 197976.975.7
March 198080.178.6
June 198082.581
September 198083.982.1
December 198086.484.9
March 198188.686.4
June 198190.588.6
September 198193.191.8
December 198194.193
March 198294.793.9
June 19829796.1
September 198297.797.2
December 198297.797.2
March 198398.198.2
June 198399.499.2
September 1983100.4100.5
December 1983101.4101.8
March 1984102.9103.2
June 1984103.7104.5
September 1984104.7105.8
December 1984105.5106.8
March 1985106.8108.1
June 1985107.5109.1
September 1985108.1110
December 1985109.5111.4
March 1986109.1112.5
June 1986109.4113.4
September 1986110114.6
December 1986110.8115.6
March 1987112.2116.6
June 1987113.5117.9
September 1987114.7119.2
December 1987115.6120.4
March 1988116.5121.7
June 1988118123.2
September 1988119.5124.7
December 1988120.7126
March 1989122.2127.4
June 1989124.1128.8
September 1989124.8129.9
December 1989126.3131.6
March 1990128.6133.5
June 1990129.9135.1
September 1990132.5137.1
December 1990134.2138.6
March 1991134.8140.5
June 1991136141.8
September 1991137143.4
December 1991138.2144.7
March 1992139.1145.9
June 1992140.1147.1
September 1992141.1148.1
December 1992142.3149.6
March 1993143.3150.8
June 1993144.3152.1
September 1993145152.9
December 1993146.3154.3
March 1994147.1155.3
June 1994147.9156.4
September 1994149.3157.5
December 1994150.1158.3
March 1995151.2159.9
June 1995152.4161.1
September 1995153.1162.2
December 1995153.9163.1
March 1996155.5164.4
June 1996156.7165.4
September 1996157.7166.5
December 1996159.1167.4
March 1997159.8168.4
June 1997160.2169.4
September 1997161.2170.2
December 1997161.8171.2
March 1998162172.2
June 1998162.8173.2
September 1998163.5174.2
December 1998164.4175.4
March 1999164.8175.7
June 1999166176.6
September 1999167.8177.8
December 1999168.8178.7
March 2000171180
June 2000172.2181.1
September 2000173.6182.3
December 2000174.6183.3
March 2001176.1184.7
June 2001177.7186
September 2001178.1187.1
December 2001177.4188.4
March 2002178.5189.2
June 2002179.6190.2
September 2002180.8191.3
December 2002181.8192.1
March 2003183.9192.5
June 2003183.1193
September 2003185.1193.7
December 2003185.5194.2
March 2004187.1195.5
June 2004188.9196.6
September 2004189.8197.5
December 2004191.7198.6
March 2005193.1200.1
June 2005193.7200.6
September 2005198.8201.3
December 2005198.1202.8
March 2006199.7204.3
June 2006201.8205.9
September 2006202.8207.2
December 2006203.1208.1
March 2007205.288209.418
June 2007207.234210.392
September 2007208.547211.554
December 2007211.445213.168
March 2008213.448214.42
June 2008217.463215.424
September 2008218.877216.713
December 2008211.398216.925
March 2009212.495218.253
June 2009214.79219.112
September 2009215.861219.92
December 2009217.347220.881
March 2010217.353220.783
June 2010217.199221.194
September 2010218.275221.711
December 2010220.472222.343
March 2011223.046223.454
June 2011224.806224.697
September 2011226.597226.118
December 2011227.223227.405
March 2012228.807228.478
June 2012228.524229.623
September 2012231.015230.659
December 2012231.221231.725
March 2013232.282232.794
June 2013232.445233.35
September 2013233.544234.7
December 2013234.719235.759
March 2014236.028236.625
June 2014237.231237.837
September 2014237.477238.786
December 2014236.252239.584
March 2015235.976240.755
June 2015237.657242.064
September 2015237.498243.316
December 2015237.761244.547
March 2016238.08245.913
June 2016240.222247.54
September 2016241.176248.842
December 2016242.637249.92
March 2017243.892250.944
June 2017244.163251.746
September 2017246.435252.812
December 2017247.805254.344
March 2018249.577256.271
June 2018251.018257.399
September 2018252.182258.368
December 2018252.767260.063
March 2019254.277261.567
June 2019255.213262.739
September 2019256.43264.388
December 2019258.63266.02
March 2020258.076267.054
June 2020257.042265.849
September 2020259.997268.933
December 2020262.045270.341
March 2021264.961271.459
June 2021270.654277.651
September 2021273.91279.698
December 2021280.845285.18
March 2022287.674289.056
June 2022294.957294.05
September 2022296.349298.226
December 2022298.832301.394
March 2023301.821305.147
June 2023304.014308.322
September 2023307.276310.539
December 2023308.741313.195
March 2024312.345316.792
June 2024313.044318.39
September 2024314.732320.732
December 2024317.604323.259
March 2025319.785325.69
June 2025321.435327.658
September 2025324.245330.418
December 2025326.031331.814
March 2026330.293334.165
June 2026332.568336.065
August 2026334.131337.765
Cite this

Cite the agency first. This paper is the place you read the figure, as of Aug 1, 2026.

  • APA U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG. (2026, August 1). CPIAUCSL, Consumer Price Index for All Urban Consumers, all items, monthly [Data set]. https://govspending.org/series/CPIAUCSL/ Retrieved October 6, 2026, via The Fed Gazette, https://fedgazette.com/cpi-inflation/#chart-cpi-inflation-0
  • MLA U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG. “CPIAUCSL, Consumer Price Index for All Urban Consumers, all items, monthly.” CPIAUCSL, Consumer Price Index for All Urban Consumers, all items, monthly, data as of 1 Aug. 2026, https://govspending.org/series/CPIAUCSL/. Accessed 6 Oct. 2026 via The Fed Gazette, https://fedgazette.com/cpi-inflation/#chart-cpi-inflation-0.
  • Chicago U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG. “CPIAUCSL, Consumer Price Index for All Urban Consumers, all items, monthly.” Data as of August 1, 2026. https://govspending.org/series/CPIAUCSL/. Retrieved October 6, 2026 via The Fed Gazette, https://fedgazette.com/cpi-inflation/#chart-cpi-inflation-0.
Cite this

Cite the agency first. This paper is the place you read the figure, as of Aug 1, 2026.

  • APA U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG. (2026, August 1). CPILFESL, Consumer Price Index for All Urban Consumers, all items less food and energy, monthly [Data set]. https://govspending.org/series/CPILFESL/ Retrieved October 6, 2026, via The Fed Gazette, https://fedgazette.com/cpi-inflation/#chart-cpi-inflation-0
  • MLA U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG. “CPILFESL, Consumer Price Index for All Urban Consumers, all items less food and energy, monthly.” CPILFESL, Consumer Price Index for All Urban Consumers, all items less food and energy, monthly, data as of 1 Aug. 2026, https://govspending.org/series/CPILFESL/. Accessed 6 Oct. 2026 via The Fed Gazette, https://fedgazette.com/cpi-inflation/#chart-cpi-inflation-0.
  • Chicago U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG. “CPILFESL, Consumer Price Index for All Urban Consumers, all items less food and energy, monthly.” Data as of August 1, 2026. https://govspending.org/series/CPILFESL/. Retrieved October 6, 2026 via The Fed Gazette, https://fedgazette.com/cpi-inflation/#chart-cpi-inflation-0.

As of August 2026 · U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG · CPIAUCSL, Consumer Price Index for All Urban Consumers, all items, monthly · Index 1982-1984=100 · original series CPIAUCSL on FRED · Retrieved

As of August 2026 · U.S. Bureau of Labor Statistics (Consumer Price Index), via GOVSPENDING.ORG · CPILFESL, Consumer Price Index for All Urban Consumers, all items less food and energy, monthly · Index 1982-1984=100 · original series CPILFESL on FRED · Retrieved

Consumer price index: what changed since the last print

The latest all items print is 334.131 for August 2026, higher than the print before it, 332.813 for July 2026. About a year earlier, for August 2025, it was 323.291, and the latest print is higher than that.

The latest excluding food and energy (core) print is 337.765 for August 2026, higher than the print before it, 336.789 for July 2026. About a year earlier, for August 2025, it was 329.7, and the latest print is higher than that.

This paper says only whether the latest stored print is higher than, lower than, or the same as an earlier stored print, and prints both. It does not compute a difference or a percent.

PeriodAll itemsExcluding food and energy (core)
August 2026334.131337.765
July 2026332.813336.789
June 2026332.568336.065
May 2026333.979336.121
April 2026332.407335.423
March 2026330.293334.165
February 2026327.46333.512
January 2026326.588332.793
December 2025326.031331.814
November 2025325.063331.043
September 2025324.245330.418
August 2025323.291329.7

What the consumer price index is, in plain English

The Consumer Price Index, or CPI, is the Bureau of Labor Statistics’ measure of how the prices that urban consumers pay for a basket of goods and services change over time. It is published as an index. The index is set to a round base value in a base period, so a higher level means a higher price level than in that period.

Core CPI leaves out food and energy, whose prices swing the most from month to month. Many analysts read core alongside the all-items index to see the underlying trend.

The annual inflation rate that news reports quote is the percent change between two index levels. This paper does not compute it. The Bureau of Labor Statistics prints it in each release, and the index levels on this page are what that rate is built from.

Index level
The published value of the index in a month. It has no unit of its own.
All items
Every category the Bureau tracks, including food and energy.
Core
All items less food and energy.
Seasonally adjusted
Smoothed for regular seasonal patterns, which is how this series is published.

Consumer price index questions answered

What is the latest consumer price index?

The Consumer Price Index for all urban consumers, all items, was 334.131 for August 2026, according to the U.S. Bureau of Labor Statistics, via GOVSPENDING.ORG.

What is the CPI?

It is the Consumer Price Index, the Bureau of Labor Statistics’ measure of price changes paid by urban consumers for a basket of goods and services.

Is the CPI the same as the inflation rate?

No. The CPI is an index level. The inflation rate is the percent change in that level over a period. This paper prints the index as published and leaves the percent change to the Bureau.

Does the Fed target the CPI?

The Federal Open Market Committee states its longer-run inflation goal in terms of the PCE price index, not the CPI. See the PCE inflation page on this site.

How often does the CPI update?

Monthly. Each release covers the month before. The period for the latest print is shown beside the figure.