Macro Dashboard
Consumer Price Index
Monthly inflation data — headline and core CPI, category breakdown, goods vs services split, and key component trends from BLS CPI-U data.
Coverage
Jan '19 – Feb '26
All data final
CPI measures the average change in prices paid by urban consumers for a basket of goods and services. It is the primary inflation gauge that moves bond markets and influences Federal Reserve policy decisions.
MoM Change
+0.27%
Feb '26 — vs +0.22% 12-mo avg
Headline YoY
+2.7%
CPI-U, Feb '26
Core YoY
+2.7%
All items less food & energy
Headline − Core
-0.1%
Food/energy pulling inflation down
Inflation Trend
The number that moves the bond market.
CPI measures the average change in prices paid by urban consumers. The month-over-month change sets the tone for rate expectations, while the headline vs core split reveals whether food and energy are driving or masking the underlying trend.
Monthly CPI Change
Month-over-month % change in headline CPI, seasonally adjusted
Latest
Feb '26 +0.27%
vs +0.25% 48-mo avg
Source: BLS CPI-U (CUSR0000SA0), seasonally adjusted · Hover, focus, or tap for detail
Category Detail
Inflation is never uniform across the economy.
A moderate headline number can mask extreme moves in individual categories. Shelter alone accounts for roughly a third of CPI — its trajectory often determines whether inflation is accelerating or decelerating.
Hottest category
Apparel
+1.28% MoM in Feb '26
Coolest category
Used Vehicles
-0.38% MoM in Feb '26
Category Breakdown
Which CPI categories are rising or falling — latest month or trailing average
LATEST
+0.27% headline
Feb '26
Source: BLS CPI-U category series, seasonally adjusted · Hover, focus, or tap for detail
Goods vs Services
Sticky services inflation is the Fed's real concern.
Goods prices respond quickly to supply chain changes and commodity swings. Services inflation — driven by wages and rents — is far stickier and harder for monetary policy to influence.
Goods YoY
+1.3%
Commodities less food & energy
Services YoY
+3.4%
All services
Goods vs Services Inflation
The Fed watches this split — sticky services inflation is harder to bring down than volatile goods prices
Latest
Feb '26
2 series visible
Leader
Services
3.43%
Source: BLS CPI-U, seasonally adjusted · Hover or tap points for detail
Monthly Summary
The numbers behind the charts.
Raw data for each month — month-over-month change, year-over-year headline and core rates, the headline-core spread, and the underlying index level.
Monthly Summary
Recent CPI data at a glance
| Month | MoM % | YoY % | Core YoY % | Spread | Index |
|---|---|---|---|---|---|
| Feb '26 | +0.27% | +2.7% | +2.7% | -0.1% | 327.5 |
| Jan '26 | +0.17% | +2.8% | +2.9% | -0.1% | 326.6 |
| Dec '25 | +0.30% | +3.0% | +2.8% | +0.2% | 326.0 |
| Nov '25 | +0.25% | +3.0% | +2.9% | +0.1% | 325.1 |
| Sep '25 | +0.30% | +3.0% | +3.0% | +0.0% | 324.2 |
| Aug '25 | +0.35% | +2.9% | +3.1% | -0.2% | 323.3 |
| Jul '25 | +0.23% | +2.7% | +3.1% | -0.3% | 322.2 |
| Jun '25 | +0.25% | +2.7% | +2.9% | -0.2% | 321.4 |
| May '25 | +0.10% | +2.4% | +2.8% | -0.4% | 320.6 |
| Apr '25 | +0.16% | +2.3% | +2.8% | -0.5% | 320.3 |
| Mar '25 | +0.03% | +2.4% | +2.8% | -0.4% | 319.8 |
| Feb '25 | +0.23% | +2.8% | +3.1% | -0.3% | 319.7 |
| Jan '25 | +0.43% | +3.0% | +3.3% | -0.3% | 319.0 |
| Dec '24 | +0.34% | +2.9% | +3.2% | -0.3% | 317.6 |
| Nov '24 | +0.28% | +2.7% | +3.3% | -0.6% | 316.5 |
| Oct '24 | +0.29% | +2.6% | +3.3% | -0.7% | 315.6 |
| Sep '24 | +0.21% | +2.4% | +3.3% | -0.9% | 314.7 |
| Aug '24 | +0.16% | +2.6% | +3.3% | -0.7% | 314.1 |
| Jul '24 | +0.17% | +2.9% | +3.2% | -0.3% | 313.6 |
| Jun '24 | -0.04% | +3.0% | +3.3% | -0.3% | 313.0 |
| May '24 | +0.05% | +3.2% | +3.4% | -0.2% | 313.2 |
| Apr '24 | +0.22% | +3.4% | +3.6% | -0.3% | 313.0 |
| Mar '24 | +0.44% | +3.5% | +3.8% | -0.3% | 312.3 |
| Feb '24 | +0.41% | +3.2% | +3.8% | -0.6% | 311.0 |
Source: BLS CPI-U (CUSR0000SA0), seasonally adjusted · Spread = Headline YoY minus Core YoY
Methodology & Sources
Headline CPI: CUSR0000SA0. Core CPI: CUSR0000SA0L1E. Category series: CUSR0000SAF (Food), CUSR0000SAH (Housing), CUSR0000SAH1 (Shelter), CUSR0000SAA (Apparel), CUSR0000SAT (Transportation), CUSR0000SETA01 (New Vehicles), CUSR0000SETA02 (Used Vehicles), CUSR0000SAM (Medical Care), CUSR0000SAR (Recreation), CUSR0000SAE (Education & Comm.), CUSR0000SAG (Other Goods), CUSR0000SA0E (Energy), CUSR0000SETB01 (Gasoline), CUSR0000SAS (Services), CUSR0000SAC (Commodities). All series are seasonally adjusted CPI-U index levels with base period 1982-84=100. MoM% computed as (curr/prev - 1) × 100. YoY% computed as (curr/prev12 - 1) × 100. Seasonal factors are revised annually each February. CPI is released on the 2nd Wednesday of each month.