Economic Impact Group, LLC Economic Data Brief
 
Inflation

Consumer Price Index — August 2026

Released September 11, 2026 · Bureau of Labor Statistics · full release · charts & history on EconomicsGuru
CPI-U, all items rose 0.4% in August 2026 to 334.1, +3.4% from a year ago. Prior month: 332.8.
All items
334.1
▲ +0.4% m/m
· +3.4% y/y
Core CPI
337.8
▲ +0.3% m/m
· +2.4% y/y
Shelter
430.2
▲ +0.3% m/m
· +3.0% y/y
Energy
321.1
▲ +2.1% m/m
· +16.0% y/y

Revision check

Revision check clear. Prior periods were checked against the values in the last report — no revisions found. All changes below are computed on current-vintage data.

Key figures

Headline →August 2026July 2026M/M chgM/M %Y/Y chgY/Y %12-period trend
CPI-U, all items
SA index, 1982-84=100
334.1332.8▲ +1.3▲ +0.4%▲ +10.8▲ +3.4%
 
 
 
 
 
 
 
 
 
 
 
 
 
Core CPI (ex food & energy)337.8336.8▲ +1.0▲ +0.3%▲ +8.1▲ +2.4%
 
 
 
 
 
 
 
 
 
 
 
 
 
CPI-U, all items (NSA)
not seasonally adjusted — the series used for COLAs
335.0333.9▲ +1.1▲ +0.3%▲ +11.0▲ +3.4%
 
 
 
 
 
 
 
 
 
 
 
 
 
Trend bars show year-over-year % change over the last 13 periods; the latest period is highlighted.
Major categories →August 2026July 2026M/M chgM/M %Y/Y chgY/Y %12-period trend
Food350.3349.9▲ +0.4▲ +0.1%▲ +9.0▲ +2.6%
 
 
 
 
 
 
 
 
 
 
 
 
 
Energy321.1314.6▲ +6.6▲ +2.1%▲ +44.4▲ +16.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
Core goods (commodities ex food & energy)167.9167.8▲ +0.2▲ +0.1%▲ +1.1▲ +0.7%
 
 
 
 
 
 
 
 
 
 
 
 
 
Core services (services ex energy services)447.1445.6▲ +1.5▲ +0.3%▲ +13.1▲ +3.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
Shelter430.2429.1▲ +1.1▲ +0.3%▲ +12.7▲ +3.0%
 
 
 
 
 
 
 
 
 
 
 
 
 
Medical care services653.5655.2▼ −1.6▼ −0.2%▲ +15.8▲ +2.5%
 
 
 
 
 
 
 
 
 
 
 
 
 
Transportation services460.5458.5▲ +2.1▲ +0.5%▲ +11.1▲ +2.5%
 
 
 
 
 
 
 
 
 
 
 
 
 
Apparel136.5136.4▲ 0.0▲ 0.0%▲ +4.8▲ +3.6%
 
 
 
 
 
 
 
 
 
 
 
 
 
Trend bars show year-over-year % change for index series, the level for rates and survey indexes over the last 13 periods; the latest period is highlighted.

What stood out

  • The 1.6% monthly gain in Education and communication is the largest on record.
  • Core CPI (ex food & energy): up 2.4% from a year ago — the slowest pace since March 2021.
  • Motor vehicle insurance: down 5.1% from a year ago — the steepest year-over-year decline since November 2020.
  • Owners' equivalent rent: up 3.1% from a year ago — the slowest pace since September 2021.
  • Medical care services: up 2.5% from a year ago — the slowest pace since March 2024.
  • Core goods (commodities ex food & energy): highest since June 2023 (37 months).

Full detail

Show every category and subcategory
Full detail — subcategories →August 2026July 2026M/M chgM/M %Y/Y chgY/Y %
Food at home321.3321.2▲ +0.1▲ 0.0%▲ +6.7▲ +2.1%
Food away from home397.9396.9▲ +1.0▲ +0.3%▲ +13.0▲ +3.4%
Gasoline (all types)345.2332.2▲ +13.0▲ +3.9%▲ +74.2▲ +27.4%
Electricity305.4306.1▼ −0.7▼ −0.2%▲ +11.1▲ +3.8%
Utility (piped) gas service268.4271.6▼ −3.1▼ −1.1%▲ +11.3▲ +4.4%
Rent of primary residence449.3448.5▲ +0.8▲ +0.2%▲ +12.0▲ +2.8%
Owners' equivalent rent443.7442.9▲ +0.8▲ +0.2%▲ +13.3▲ +3.1%
New vehicles179.3178.8▲ +0.4▲ +0.3%▲ +1.0▲ +0.6%
Used cars and trucks181.0180.3▲ +0.7▲ +0.4%▼ −4.3▼ −2.3%
Motor vehicle insurance849.8856.3▼ −6.4▼ −0.8%▼ −45.9▼ −5.1%
Airline fares323.2314.8▲ +8.4▲ +2.7%▲ +61.3▲ +23.4%
Medical care commodities405.5406.5▼ −0.9▼ −0.2%▼ −11.2▼ −2.7%
Recreation145.2145.2▲ 0.0▲ 0.0%▲ +3.8▲ +2.7%
Education and communication150.1147.7▲ +2.4▲ +1.6%▲ +3.2▲ +2.2%

Sources

Economic Impact Group, LLC
Economic research for developing communities
Prepared 2026-09-11 13:23 UTC. Green marks an increase, red a decrease — direction only, not good or bad.