US Consumer Price Index
Oct Sep
Expectations
CPI month-on-month 0.4% 0.6%
0.3%
CPI year-on-year N/A * 3.7%
3.6%
Core CPI month-on-month 0.3% 0.3%
0.2%
Core CPI year-on-year N/A * 2.6%
2.5%
Source: Bureau of Labor Statistics, Econoday
* Note on October Year-on-Year Figures: The BLS did not publish
12-month annual percentage changes for October 2026 because October 2025
price data was not collected during the 2025 federal government shutdown.
Prior to the release, the Cleveland Fed Nowcast model had projected annual
headline CPI at 3.7% and annual Core CPI at 2.5%.
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