U.S. core CPI inflation
Projected change in consumer prices excluding food and energy.
United States · %5 extracted figures5 institutions1 comparable groups
Forecasts by report dateUnited States
EmphasisedOther institutionsConsensus
| Institution | Period | Reported | Forecast |
|---|---|---|---|
| Wells Fargo | 2026 Q4“Core Consumer Price Index | 2026 4Q | 2.4” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | 2.4% |
| RBC | 2026 Q4“CPI ex-food & energy (y/y%) | 2026 Q4 | 2.8” — U.S. Forecast Detail · 2026 Q4 · source ↗ | 2026-07-13 | 2.8% |
| Fannie Mae | 2026 Q4“Core Consumer Price Index (ex. Food & Energy) | 26.4 | 2.9” — Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-10 | 2.9% |
Readout
- Consensus
- 2.70%
- Spread
- +0.50%
- Low
- 2.40%
- High
- 2.90%
- Reporting
- 3
- Basis
- Quarterly year-over-year
Single reported figureUnited States
| Institution | Period | Reported | Forecast |
|---|---|---|---|
| Philadelphia Fed | 2026 Q4“2026:Q4 | Core CPI | Current 2.7” — Median Short-Run Projections for Inflation · Quarterly · source ↗ | 2026-05-15 | 2.7% |
Readout
- Low
- 2.70%
- High
- 2.70%
- Reporting
- 1
- Basis
- Quarterly annualized
One institution reporting — no consensus is claimed.
Single reported figureUnited States
| Institution | Period | Reported | Forecast |
|---|---|---|---|
| Cleveland Fed | 2026 Q3“Core CPI · 07/27 · 1.89503158168218” — Historical JSON · 2026:Q3 · Core CPI · July 27 · source ↗ | 2026-07-27 | 1.90% |
Readout
- Low
- 1.90%
- High
- 1.90%
- Reporting
- 1
- Basis
- Quarterly annualized
One institution reporting — no consensus is claimed.