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US CPI inflation

3.4%

−0.1pp on the month · 2026-07-01

Since 1914, monthly, through 2026-07-01.

The Consumer Price Index, all items, year over year, not seasonally adjusted: the inflation print the wires carry each month.

The full chart draws the seasonally adjusted series; it can sit a tenth from this print.

The deep history is the published record, not today’s method: before 1983 the index capitalised house prices rather than rents, and the earliest decades are published to a coarser step.

BLS via FRED · CPI-U, all items, not seasonally adjusted, y/y

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