Core CPI Inflation Rate (Year over Year)
CPI excluding food and energy, percent change from a year earlier.
2.8%+0.0 percentage pointsAs of September 2026
Core CPI inflation increased 0.0 percentage points to 2.8%. First month up in five months. Biggest increase in five months. Highest level in three months. Down 0.2 percentage points y-o-y.
Last two years
Source: BLS via FRED (FRED: CPILFESL).
Questions
What is the latest core cpi inflation rate (year over year)?
2.8% as of September 1, 2026.
What does core cpi inflation measure?
CPI excluding food and energy, percent change from a year earlier.
Why does it matter for markets?
The number the Fed actually reacts to. Softer core is the green light for bonds and long-duration stocks.
Where does the data come from and how often is it updated?
BLS via FRED (FRED: CPILFESL). This page refreshes automatically every month, within an hour of the source publishing.