Core CPI (all items less food and energy), United States

Monthly series published by U.S. Bureau of Labor Statistics in CPI. Unit: index (1982-84 = 100).

Core CPI (all items less food and energy) was 338.9 in September 2026, up 0.3% from August 2026 and up 2.6% from a year earlier. The figure is published by U.S. Bureau of Labor Statistics in CPI. The series starts in January 2006 and has 248 observations. Source: U.S. Bureau of Labor Statistics.

What changed in the latest release (September 2026)
  • On the previous reading (August 2026): up 0.3%, to 338.9
  • On a year earlier (September 2025): up 2.6%
  • Against the five-year average of 314.2: above
Latest, September 2026
338.9
Up 0.3% from August 2026
A year earlier
330.4
September 2025
Five-year high
338.9
September 2026
Five-year low
279.7
September 2021

Sparklines: the last ten years; the amber dot marks the reading in the tile. Source: U.S. Bureau of Labor Statistics. EconoMonitor is not affiliated with or endorsed by BLS.

Overview

Over the last five years the series ranged from 279.7 (September 2021) to 338.9 (September 2026). Since January 2006 the full range is 203.2 (January 2006) to 338.9 (September 2026).

Key facts

ReadingPeriodValue
LatestSeptember 2026338.9
PreviousAugust 2026337.8
A year earlierSeptember 2025330.4
Five-year highSeptember 2026338.9
Five-year lowSeptember 2021279.7
First observationJanuary 2006203.2

Unit: index (1982-84 = 100). Source: U.S. Bureau of Labor Statistics. EconoMonitor is not affiliated with or endorsed by BLS.

How has it moved since January 2006?

Full history

Monthly, index (1982-84 = 100), January 2006 to September 2026
Core CPI (all items less food and energy) from January 2006 to September 2026; latest 338.9 in September 202619523327130934720082012201620202024Core CPI339Core CPI (all items less food and energy) from January 2006 to September 2026; latest 338.9 in September 2026195246296347201020162022
  • Core CPI (all items less food and energy) 339
Source: U.S. Bureau of Labor Statistics. EconoMonitor is not affiliated with or endorsed by BLS.

Last five years

Monthly, index (1982-84 = 100), September 2021 to September 2026
Core CPI (all items less food and energy) over the last five years, ranging from 279.7 to 338.927629330932634220222023202420252026Core CPI339Core CPI (all items less food and energy) over the last five years, ranging from 279.7 to 338.9276298320342202220242026
  • Core CPI (all items less food and energy) 339
Source: U.S. Bureau of Labor Statistics. EconoMonitor is not affiliated with or endorsed by BLS.

Latest readings

Most recent observations
PeriodValueChange from previous
August 2025329.7+0.3%
September 2025330.4+0.2%
November 2025331.0+0.2%
December 2025331.8+0.2%
January 2026332.8+0.3%
February 2026333.5+0.2%
March 2026334.2+0.2%
April 2026335.4+0.4%
May 2026336.1+0.2%
June 2026336.10.0%
July 2026336.8+0.2%
August 2026337.8+0.3%
September 2026338.9+0.3%
Source: U.S. Bureau of Labor Statistics. EconoMonitor is not affiliated with or endorsed by BLS.

How does the latest reading compare?

The latest reading of 338.9 in September 2026 is above its five-year average of 314.2 and above its ten-year average of 287.8. It is higher than 100% of all 248 readings since January 2006. It has risen for 3 readings in a row up to September 2026. Over the last 12 readings, from September 2025 to September 2026, it averaged 334.6, with a high of 338.9 in September 2026 and a low of 330.4 in September 2025. In the last ten years the largest rise from one reading to the next was in April 2021, to 273.7 from 271.5 in March 2021, and the largest fall was in April 2020, to 265.7 from 267.1 in March 2020.

Among the last 8 complete years, the average was highest in 2024, at 319.0, and lowest in 2017, at 252.2.

Year by year

YearAverageLowHighLast readingReadings
2026335.7332.8338.9338.9 September 20269
2025328.0324.6331.8331.8 December 202511
2024319.0314.3323.3323.3 December 202412
2023308.4302.6313.2313.2 December 202312
2022294.3286.8301.4301.4 December 202212
2021277.3270.4285.2285.2 December 202112
2020267.7265.4270.3270.3 December 202012
2019263.2260.8266.0266.0 December 201912
2018257.6255.2260.1260.1 December 201812
2017252.2250.5254.3254.3 December 201712

Averages, lows and highs are calculated by EconoMonitor from the published readings. Source: U.S. Bureau of Labor Statistics. EconoMonitor is not affiliated with or endorsed by BLS.

How is it measured?

CPI-U all items less food and energy, seasonally adjusted.

Core CPI (all items less food and energy) is published monthly by U.S. Bureau of Labor Statistics in its CPI release. It is measured in index (1982-84 = 100) and is seasonally adjusted. EconoMonitor holds all 248 readings since January 2006 under the publisher's code CUSR0000SA0L1E, keeps earlier values when the publisher revises them, and compares each release with the downloaded file before it is shown.

Questions and sources

What is the latest reading of Core CPI (all items less food and energy)?

338.9 in September 2026, as published by U.S. Bureau of Labor Statistics.

How often is it updated?

Monthly, with each CPI release. EconoMonitor reloads the series after each release and keeps earlier values when the publisher revises them.

Where can I check it?

At the publisher: Bureau of Labor Statistics Public Data API v1, series code CUSR0000SA0L1E.

Source: U.S. Bureau of Labor Statistics. EconoMonitor is not affiliated with or endorsed by BLS. Checks for this release: Check A passed, Check B passed.

Data and analysis only, not financial advice. Data publishers do not endorse EconoMonitor. See the disclaimer and methodology.