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 | 0.50 | 0.20 | +0.30 |
| Jul 22, 2026 | 0.60 | 0.20 | +0.40 |
| Jun 17, 2026 | 0.20 | 1.60 | -1.40 |
| May 20, 2026 | 0.50 | 1.30 | -0.80 |
| Apr 22, 2026 | 0.80 | 1.10 | -0.30 |
| Mar 18, 2026 | 0.70 | 0.10 | +0.60 |
| Feb 18, 2026 | 0.30 | 0.20 | +0.10 |
| Jan 22, 2026 | 0.10 | 0.00 | +0.10 |
| Dec 17, 2025 | 0.10 | 0.10 | 0.00 |
| Nov 19, 2025 | 0.10 | 0.10 | 0.00 |
| Oct 22, 2025 | 0.30 | 0.30 | 0.00 |
| Sep 17, 2025 | 0.10 | 0.20 | -0.10 |
| Aug 20, 2025 | 0.40 | 0.40 | 0.00 |
| Jul 23, 2025 | 0.30 | 0.10 | +0.20 |
| Jun 18, 2025 | 0.00 | 0.10 | -0.10 |
| May 21, 2025 | 0.10 | 0.30 | -0.20 |
| Apr 23, 2025 | 0.50 | 0.40 | +0.10 |
| Mar 19, 2025 | 1.10 | 0.30 | +0.80 |
| Feb 26, 2025 | 0.20 | 0.10 | +0.10 |
| Nov 20, 2024 | 0.20 | 0.20 | 0.00 |
| Oct 23, 2024 | 0.30 | -0.20 | +0.50 |
| Aug 21, 2024 | 0.30 | 0.40 | -0.10 |
| Jul 24, 2024 | 0.40 | 0.20 | +0.20 |
| Jun 19, 2024 | 0.10 | 0.20 | -0.10 |
| May 22, 2024 | 0.20 | 0.50 | -0.30 |
| Apr 17, 2024 | 0.70 | 0.30 | +0.40 |
| Mar 20, 2024 | 1.20 | 1.10 | +0.10 |
| Feb 21, 2024 | 0.30 | 0.20 | +0.10 |
| Jan 24, 2024 | 0.20 | 0.30 | -0.10 |
| Dec 13, 2023 | 0.20 | 0.10 | +0.10 |
| Nov 22, 2023 | 0.40 | 0.30 | +0.10 |
| Oct 18, 2023 | 0.20 | 0.40 | -0.20 |
| Sep 20, 2023 | 0.30 | 0.20 | +0.10 |
| Aug 23, 2023 | 0.50 | 0.60 | -0.10 |
| Jul 19, 2023 | 0.40 | 0.50 | -0.10 |
| Jun 21, 2023 | 0.10 | 0.20 | -0.10 |
| May 24, 2023 | 0.50 | 0.50 | 0.00 |
| Apr 19, 2023 | 0.80 | 0.80 | 0.00 |