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 19, 2026 | 0.20 | 0.10 | +0.10 |
| Jul 22, 2026 | 0.30 | 0.30 | 0.00 |
| Jun 17, 2026 | 0.30 | 0.40 | -0.10 |
| May 20, 2026 | 0.70 | 0.80 | -0.10 |
| Apr 22, 2026 | 0.40 | 0.50 | -0.10 |
| Mar 25, 2026 | 0.60 | 0.50 | +0.10 |
| Feb 18, 2026 | -0.60 | -0.70 | +0.10 |
| Jan 21, 2026 | 0.30 | 0.30 | 0.00 |
| Dec 17, 2025 | -0.20 | -0.10 | -0.10 |
| Nov 19, 2025 | 0.30 | 0.40 | -0.10 |
| Oct 22, 2025 | 0.00 | 0.20 | -0.20 |
| Sep 17, 2025 | 0.30 | 0.30 | 0.00 |
| Aug 20, 2025 | 0.20 | 0.10 | +0.10 |
| Jul 16, 2025 | 0.40 | 0.20 | +0.20 |
| Jun 18, 2025 | 0.20 | 0.20 | 0.00 |
| May 21, 2025 | 1.40 | 1.20 | +0.20 |
| Apr 16, 2025 | 0.50 | 0.50 | 0.00 |
| Mar 26, 2025 | 0.40 | 0.50 | -0.10 |
| Feb 19, 2025 | -0.40 | -0.50 | +0.10 |
| Jan 15, 2025 | 0.30 | 0.50 | -0.20 |
| Nov 20, 2024 | 0.40 | 0.30 | +0.10 |
| Oct 16, 2024 | 0.10 | 0.30 | -0.20 |
| Sep 18, 2024 | 0.40 | 0.40 | 0.00 |
| Aug 14, 2024 | 0.10 | 0.10 | 0.00 |
| Jul 17, 2024 | 0.20 | 0.10 | +0.10 |
| Jun 19, 2024 | 0.50 | 0.20 | +0.30 |
| May 22, 2024 | 0.90 | 0.70 | +0.20 |
| Apr 17, 2024 | 0.60 | 0.30 | +0.30 |
| Mar 20, 2024 | 0.60 | 0.70 | -0.10 |
| Feb 14, 2024 | -0.90 | -0.80 | -0.10 |
| Jan 17, 2024 | 0.60 | 0.40 | +0.20 |
| Dec 20, 2023 | -0.30 | 0.20 | -0.50 |
| Nov 15, 2023 | 0.30 | 0.40 | -0.10 |
| Oct 18, 2023 | 0.50 | 0.50 | 0.00 |
| Sep 20, 2023 | 0.10 | 0.60 | -0.50 |
| Aug 16, 2023 | 0.30 | 0.20 | +0.10 |
| Jul 19, 2023 | 0.20 | 0.40 | -0.20 |
| Jun 21, 2023 | 0.80 | 0.60 | +0.20 |
| May 24, 2023 | 1.30 | 0.70 | +0.60 |
| Apr 19, 2023 | 0.90 | 0.60 | +0.30 |
| Mar 22, 2023 | 1.20 | 0.80 | +0.40 |
| Feb 15, 2023 | -0.90 | -0.50 | -0.40 |
| Jan 18, 2023 | 0.50 | 0.40 | +0.10 |
| Dec 14, 2022 | 0.30 | 0.50 | -0.20 |
| Nov 16, 2022 | 0.70 | 0.60 | +0.10 |
| Oct 19, 2022 | 0.60 | 0.50 | +0.10 |
| Sep 14, 2022 | 0.80 | 0.80 | 0.00 |
| Aug 17, 2022 | 0.30 | 0.20 | +0.10 |
| Jul 20, 2022 | 0.40 | 0.50 | -0.10 |
| Jun 22, 2022 | 0.50 | 0.60 | -0.10 |