Inflation
The U.S. Consumer Price Index for All Urban Consumers increased 0.4 percent on a seasonally adjusted month-over-month basis in August 2026, driven largely by a 3.9 percent surge in gasoline prices and broader energy gains. Over the last 12 months, headline CPI held steady at an unadjusted rate of 3.4 percent, while core CPI excluding food and energy rose 0.3 percent over the month and 2.4 percent year-over-year.
Inflation
The U.S. Consumer Price Index for All Urban Consumers rose 0.4 percent in August 2026 on a seasonally adjusted basis, driven largely by higher energy and shelter costs, while annual headline inflation held steady at 3.4 percent.
Inflation
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers increased by 0.4 percent on a seasonally adjusted basis in August 2026, accelerating from a 0.1 percent gain in July. Over the 12 months ending in August 2026, headline consumer inflation remained unchanged at an unadjusted annual rate of 3.4 percent. The monthly uptick was largely driven by energy components, particularly a 3.9 percent rise in gasoline prices, while the core CPI excluding food and energy expanded by 0.3 percent for the month and 2.4 percent over the past year.