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RESEARCH / CPI RELEASE DOSSIER

Inside the print.

Read the release as published, see what moved the index, and compare it with your own scenario.

September 2026 CPI · published Oct 14, 2026, 8:30 AM ETOriginal BLS release
Headline CPI0.6%Monthly · seasonally adjusted
3.7% annual · unadjusted+0.20 pp vs prior monthly rate
Core CPI0.3%Monthly · seasonally adjusted
2.6% annual · unadjusted+0.00 pp vs prior monthly rate
OFFICIAL BLS TABLE 6

What moved headline?

Seasonally adjusted effect on the all-items monthly change, in percentage points. These three groups do not overlap.

Food0.0% monthly · 13.5% relative importance
+0.006 pp
Energy5.2% monthly · 7.4% relative importance
+0.377 pp
All items less food and energy0.3% monthly · 79.1% relative importance
+0.265 pp

The effects total +0.648 pp; headline is reported to one decimal place, so the displayed values need not sum exactly.

Inspect notable drivers within these groups
ComponentMonthlyEffect on all items
GasolineWithin Energy9.1%+0.337 pp
ShelterWithin Core0.4%+0.138 pp
Rent of primary residenceWithin Shelter0.2%+0.019 pp

Drivers sit inside the groups above, and some sit inside other drivers. Do not add them to the three-group total.

YOUR DESK SCENARIO

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Actual 0.6%—
Actual 0.3%—

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