The Consumer Price Index (CPI) measures the average change over time in the prices paid by urban consumers for a representative basket of goods and services. It is the most widely used measure of inflation and is a key indicator for the Federal Reserve's monetary policy. A rising CPI indicates declining purchasing power and can lead to higher interest rates.
Calculated by the Bureau of Labor Statistics (BLS) using a weighted average of prices for a fixed basket of goods. Data is collected through surveys of retail establishments and households across the US.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jul 20, 2026 | 4.10 | 4.00 | +0.10 |
| Apr 20, 2026 | 3.10 | 0.80 | +2.30 |
| Jan 22, 2026 | 0.60 | 3.00 | -2.40 |
| Oct 19, 2025 | 1.00 | 0.80 | +0.20 |
| Jul 20, 2025 | 2.70 | 2.80 | -0.10 |
| Apr 16, 2025 | 2.50 | 2.30 | +0.20 |
| Jan 21, 2025 | 2.20 | 2.10 | +0.10 |
| Jul 16, 2024 | 3.30 | 3.50 | -0.20 |
| Apr 16, 2024 | 0.60 | 0.60 | 0.00 |
| Jan 23, 2024 | 1259.00 | 1259.00 | 0.00 |
| Oct 16, 2023 | 1253.00 | 1257.00 | -4.00 |
| Date | First print | Current | Revision |
|---|---|---|---|
| Apr 20, 2026 | 3.10 | 3.10 | 0 ↓ |
| Jan 22, 2026 | 3.10 | 0.60 | -2.50 ↓ |