The Core Inflation Rate Month-over-Month measures the change in the price of goods and services sold to consumers, excluding the volatile food and energy sectors. By removing these fluctuating components, the indicator provides a more stable and accurate view of underlying long-term inflation trends. Central banks, particularly the Federal Reserve, closely monitor core figures to help determine future monetary policy and interest rate adjustments. A reading higher than forecast is generally seen as bullish for the currency.
Calculated by the Bureau of Labor Statistics using the Consumer Price Index (CPI) formula, but specifically filtering out items classified under food and energy categories.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 17, 2026 | 0.20 | 0.20 | 0.00 |
| Jul 20, 2026 | 0.10 | 0.10 | 0.00 |
| Jun 22, 2026 | 0.60 | 0.50 | +0.10 |
| May 19, 2026 | 0.20 | 0.30 | -0.10 |
| Apr 20, 2026 | 0.20 | 0.30 | -0.10 |
| Mar 16, 2026 | 0.40 | 0.20 | +0.20 |
| Feb 17, 2026 | 0.20 | 0.40 | -0.20 |
| Jan 19, 2026 | -0.40 | 0.00 | -0.40 |
| Dec 15, 2025 | -0.10 | -0.10 | 0.00 |
| Nov 17, 2025 | 0.60 | 0.40 | +0.20 |
| Oct 21, 2025 | 0.20 | 0.10 | +0.10 |
| Sep 16, 2025 | 0.00 | 0.00 | 0.00 |
| Aug 19, 2025 | 0.10 | 0.40 | -0.30 |
| Jul 15, 2025 | 0.10 | 0.10 | 0.00 |
| Jun 24, 2025 | 0.60 | 0.60 | 0.00 |
| May 20, 2025 | 0.50 | 0.20 | +0.30 |
| Apr 15, 2025 | 0.10 | 0.70 | -0.60 |
| Mar 18, 2025 | 0.70 | 0.20 | +0.50 |
| Feb 18, 2025 | 0.40 | -0.10 | +0.50 |
| Jan 21, 2025 | -0.30 | -0.10 | -0.20 |
| Dec 17, 2024 | -0.10 | 0.40 | -0.50 |
| Nov 19, 2024 | 0.40 | 0.10 | +0.30 |
| Sep 17, 2024 | -0.10 | 0.20 | -0.30 |
| Aug 20, 2024 | 0.30 | 0.10 | +0.20 |
| Jul 16, 2024 | -0.10 | 0.40 | -0.50 |
| Jun 25, 2024 | 0.60 | 0.20 | +0.40 |
| May 21, 2024 | 0.20 | 0.40 | -0.20 |
| Apr 16, 2024 | 0.50 | 0.20 | +0.30 |
| Mar 19, 2024 | 0.10 | 0.30 | -0.20 |
| Feb 20, 2024 | 0.10 | 0.30 | -0.20 |
| Jan 16, 2024 | -0.50 | -0.30 | -0.20 |
| Dec 19, 2023 | 0.10 | 0.10 | 0.00 |
| Nov 21, 2023 | 0.30 | 0.10 | +0.20 |
| Oct 17, 2023 | -0.10 | 0.30 | -0.40 |
| Sep 19, 2023 | 0.10 | 0.30 | -0.20 |
| Aug 15, 2023 | 0.50 | 0.40 | +0.10 |
| Jul 18, 2023 | -0.10 | 0.50 | -0.60 |
| Jun 27, 2023 | 0.40 | 0.50 | -0.10 |
| May 16, 2023 | 0.50 | 0.30 | +0.20 |
| Apr 18, 2023 | 0.60 | 0.40 | +0.20 |
| Mar 21, 2023 | 0.50 | 0.80 | -0.30 |
| Feb 21, 2023 | 0.30 | 0.20 | +0.10 |
| Jan 17, 2023 | -0.30 | 0.10 | -0.40 |
| Nov 16, 2022 | 0.40 | 0.20 | +0.20 |
| Oct 19, 2022 | 0.40 | 0.10 | +0.30 |
| Aug 16, 2022 | 0.50 | 0.20 | +0.30 |
| Jul 20, 2022 | 0.30 | 0.70 | -0.40 |
| Jun 22, 2022 | 0.80 | 0.60 | +0.20 |
| May 18, 2022 | 0.70 | 0.40 | +0.30 |
| Apr 20, 2022 | 1.00 | 0.50 | +0.50 |
