Source checked

August CPI rises 0.4% as energy and gasoline lead; core up 0.3%

Core prices rose 0.3% in August and 2.4% over the year, while gasoline accounted for more than a third of the monthly headline increase.

Sources

Verified facts from the U.S. Bureau of Labor Statistics Consumer Price Index Summary for August 2026 (USDL-26-1496), titled 2026 M08 Results, at https://www.bls.gov/news.release/cpi.nr0.htm, cross-checked against the BLS CPI release schedule at https://www.bls.gov/schedule/news_release/cpi.htm. Release day September 11, 2026 at 8:30 a.m. ET. Locked print: CPI-U +0.4% m/m SA after +0.1% in July; all items +3.4% y/y; all items less food and energy +0.3% m/m / +2.4% y/y; energy +2.1% m/m with gasoline +3.9%; shelter +0.3% m/m; food +0.1% m/m; energy +16.3% y/y. Next scheduled CPI release: September 2026 on October 14, 2026 at 8:30 a.m. ET. No Fed odds, consensus estimates, PCE/PPI/employment figures, or share-price reaction are stated here.

Facts are as of the September 11, 2026 BLS Consumer Price Index Summary for August 2026 (USDL-26-1496). Read as the official August print released at 8:30 a.m. ET — not as a forecast or market reaction piece. Next scheduled release is September 2026 CPI on October 14, 2026 at 8:30 a.m. ET.

What “Source checked” means

Visual brief

Verified figures

Sources & evidence
  1. % m/m SA

    +0.4%

    CPI-U all items monthly change (seasonally adjusted)

    August 2026 vs July 2026 (after +0.1% in July); BLS USDL-26-1496

    U.S. Bureau of Labor StatisticsConsumer Price Index Summary — 2026 M08 Results (USDL-26-1496)BLS CPI Summary · 09-11-2026
  2. % y/y NSA

    +3.4%

    CPI-U all items 12-month change (not seasonally adjusted)

    12 months ended August 2026 (same as 12 months ended July); BLS USDL-26-1496

    U.S. Bureau of Labor StatisticsConsumer Price Index Summary — 2026 M08 Results (USDL-26-1496)BLS CPI Summary · 09-11-2026
  3. % m/m SA / % y/y NSA

    +0.3% / +2.4%

    CPI-U all items less food and energy (core) m/m SA and 12-month NSA

    August 2026 m/m after +0.2% in July; 12 months ended August after +2.5% through July; BLS USDL-26-1496

    U.S. Bureau of Labor StatisticsConsumer Price Index Summary — 2026 M08 Results (USDL-26-1496)BLS CPI Summary · 09-11-2026

The U.S. Bureau of Labor Statistics reported on September 11 that consumer prices rose 0.4% in August on a seasonally adjusted basis, following a 0.1% increase in July. The Consumer Price Index for All Urban Consumers, or CPI-U, was up 3.4% over the past 12 months, unchanged from July's annual rate.

Headline CPI-U print

On September 11, 2026, the U.S. Bureau of Labor Statistics reported the Consumer Price Index for August 2026 (USDL-26-1496). The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.4 percent on a seasonally adjusted basis in August after rising 0.1 percent in July. Over the last 12 months, the all items index increased 3.4 percent before seasonal adjustment — the same 12-month rate as for the period ending July.

Core inflation path

The index for all items less food and energy rose 0.3 percent in August after increasing 0.2 percent in July. Over the year, the all items less food and energy index rose 2.4 percent, following a 2.5 percent increase over the 12 months ending July.

Energy, gasoline, shelter, and food

The energy index increased 2.1 percent over the month. Gasoline rose 3.9 percent in August and accounted for over one third of the monthly all-items increase. Within energy services, natural gas decreased 1.1 percent and electricity fell 0.2 percent. Over the 12 months ending August, the energy index increased 16.3 percent, and gasoline (all types) was up 27.4 percent.

The shelter index rose 0.3 percent in August after rising 0.1 percent in July. The food index increased 0.1 percent over the month; food away from home increased 0.3 percent, while food at home was unchanged. Over the year, food rose 2.7 percent (food at home +2.2 percent; food away from home +3.4 percent).

Other major indexes

Indexes that increased over the month include communication, lodging away from home, airline fares, education, and used cars and trucks. Medical care and motor vehicle insurance were among major indexes that decreased in August. The medical care index decreased 0.2 percent in August after rising 0.4 percent in July.

CPI-W, C-CPI-U, and next release

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 3.5 percent over the last 12 months to an index level of 328.481 (1982-84=100); for the month, CPI-W increased 0.4 percent prior to seasonal adjustment. The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 3.3 percent over the last 12 months and 0.3 percent for the month on a not seasonally adjusted basis; past 10–12 months remain subject to revision. The CPI-U all-items index level referenced alongside the CPI-W figure is 334.980.

The next Consumer Price Index release is scheduled for September 2026 data on October 14, 2026 at 8:30 a.m. Eastern Time.

Fed policy odds, consensus estimates, and market price reaction remain outside this release

The BLS CPI Summary establishes the August 2026 CPI-U, core, energy, gasoline, shelter, and food prints cited above; it does not state Federal Reserve rate-path odds, Wall Street consensus comparisons, PCE or employment figures, or share-price reaction.

Document trail

Sources & evidence

Primary documents used for this piece.

  1. U.S. Bureau of Labor Statistics

    Consumer Price Index Summary — 2026 M08 Results (USDL-26-1496)

    BLS CPI Summary · 2026-09-11

  2. U.S. Bureau of Labor Statistics

    Consumer Price Index — Schedule of Releases

    BLS release schedule · 2026-09-11

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